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“Central and Eastern Europe IT Outsourcing Review” is the project of the Central and Eastern European Outsourcing Association (CEEOA).

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IT spending took a big hit in the region and based on Pierre Audoin Consultants’ (PAC) preliminary estimates for H1 2009, the overall reduction in IT spending was much higher than the decrease in GDP.

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ELEKS Software Ltd., a Ukrainian IT services and product company, has joined LISA, the world’s leading association in the area of localization, thus becoming the only member from Ukraine.

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ELEKS Software announced that it has joined the Localization Industry Standards Association (LISA), the world leading organization for individuals, businesses, associations, and standards organizations concerned with localization and language technology.

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Luxoft, a global provider of high-end application and product development services, today announced that it is the #1 IT Outsourcing Service Provider in Eastern and Central Europe in the 2008 Black Book of Outsourcing.

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Last week we shared an outsourcing expert’s list of “The 10 Riskiest Places In The World For Outsourcing,” but for those IT organizations looking for a slightly less exuberant outsourcing adventure, today we’re happy to offer you that same expert’s list of the world’s 10 safest locations for outsourcing.

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Ukrainian company NET Technology Center WEB100 has become a Sponsor of the “Central and Eastern Europe IT Outsourcing Review 2008”

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Despite the continued uncertainty of the worldwide economic situation, Pierre Audoin Consultants (PAC) ventures to forecast the development of SAP-related services in 30 countries around the world.

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Outsourcing in literal sense means sourcing from offshore business houses. It refers to sub- contracting of non core aspects of the business to a third party vendor.

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A flurry of recent contract awards has highlighted the aggressive outsourcing activity in the UK life & pensions sector.

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