Wednesday, April 11, 2007
Delta Airlines cancels BPO contract with IBM Daksh
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Delta Airlines cancels BPO contract with IBM Daksh, India Apr 03, 2007, Economic Times
Delta Airlines has pulled out its back office operations from Gurgaon-based IBM Daksh. About 500 people were working under Delta processes in the BPO providing ticketing, customer relation services to the US-based airline. IBM also services United Airlines (UA).
IBM provides upgrade changes, fare loading, customer relations, ticketing, re-issue etc to UA customers from its Gurgaon, Pune and Mumbai centres. Delta was one of the oldest processes in IBM Daksh, dating back to more than five years. The reasons for the pull out were not known as Delta Airline officials failed to respond to ET queries.
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full news report from here @ Economic Times
Other terms / topics mentioned in the report: Banking, Powergen, Vertex, Lloyds TSB, Philippines, Bankruptcy, British Airways, KLM, South African Airways, Virgin Atlantic, WNS Holdings
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Labels: airlines, airlines-india, airlines-usa
Dimension Data: The Age of the $33 Billion Seat
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Customer SupportDimension Data: The Age of the $33 Billion SeatAre Organisations Getting the Best Returns on Contact Centre Seats?
Press release, Dimension DataJOHANNESBURG, SOUTH AFRICA, March 19 - New research released today reveals that organisations spend some USD 5,000 per month per agent seat to provide customer service through their contact centres. This includes staff, technology and other facilities and management costs. When applied to an
estimated 6.5 million contact centre seats worldwide, this translates to an
investment of USD 33 billion.
These results from Dimension Data's Global Contact Centre Benchmarking
Report 2007, which surveyed 403 contact centres located across 42 countries,
underscore the need for management to ensure greater productivity and
effectiveness from contact centre resources.
Cara Diemont, editor of the Report comments: "The challenge for
executives and contact centre management is to ensure that organisations get
the best return on investment for both business and customers. Two key levers
they can focus on to achieve this are call resolution and automation."
The Report indicates a drop in the percentage of calls resolved by the
first agent over the past three years: from 82.1% in the 2005 Report to 80.7%
in 2006 and 69.8% this year. Also, contact centre agents spend around 60% of
their time speaking to customers, responding to e-mails and handling queries.
These two findings are concerning: 40% of the investment made in agent seats
is not directly linked to customer interaction and when it is, only seven out
of ten calls are resolved by the first agent.
"Unresolved calls frustrate customers and cost organisations money. If
companies improve call resolution and agent utilisation, contact centre
effectiveness can be substantially improved," says Diemont.
The second lever is automation, which is widely regarded as a critical
strategy for contact centres. The 2007 Report highlights that automating
processes or parts of processes is the top re-engineering and improvement
priority for contact centres (54.9%). But a word of warning: keep top of mind
that processes determine the 'how' of contact centre operation.
"Many organisations focus on process automation and overlook the
inescapable fact that automating a poorly defined or executed process will not
improve the situation," says Diemont.
Self-service is an automation strategy that is increasingly being adopted
by organisations. Currently, 13.5% of contact centres use speech recognition
while a quarter plan to implement it.
"Success rates with voice-driven self-service have also improved, with
completion rates on self-service continuing to climb - 19% compound growth on
last year - across the board," concludes Diemont.
About Dimension Data
Dimension Data plc (LSE:DDT), a specialist IT services and solution
provider, helps clients plan, build and support their IT infrastructures.
Dimension Data applies its expertise in networking, security, operating
environments, storage and contact centre technologies and its unique skills in
consulting, integration and managed services to create customised client
solutions.
www.dimensiondata.com
About the Global Contact Centre Benchmarking Report
First published in the UK in 1997 by Merchants, Dimension Data's specialist contact centre outsourcing and operations division, this year's edition is the ninth in a series of the industry-renowned benchmarking reports. The report has balanced global and industry representation from 403 contact centres located across 42 countries and five continents, and is an invaluable reference for all contact centre professionals. It provides managers with a set of best practice standards and benchmarks, including staffing and training, performance metrics, technology usage, budgets and development plans. The report is researched and published by Dimension Data.
For more information about the Report, please go to www.ccbenchmarking.com
For further information: Dimension Data Hilary King Tel: +27 11 575 6728
Cell: +27 82 414 9623 Fax: +27 11 576 6728
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Labels: benchmarking-contact-centre, call-centres-reports, call-centres-technology, costs
Customer-Centric Strategies Are 200 Leagues Ahead
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South AfricaDimension Data: Customer-Centric Strategies Are 200 Leagues AheadPermission-Based Contact Centre Campaigns Prove Their Effectiveness
Press releaseJOHANNESBURG, SOUTH AFRICA, March 19 - Permission-based sales and
marketing campaigns to prospects and existing customers are more than 200
times as effective as calls to a prospect list, according new research
findings in Dimension Data's Global Contact Centre Benchmarking Report 2007.
The Report, which surveyed 403 contact centres across 42 countries,
confirms that permission and loyalty marketing principles deliver results when
applied to outbound contact centre campaigns. Cross and up-sell calls to
existing customers, and appointment setting from a qualified lead are 225 and
212 times more effective than calling to a prospect list.
Cara Diemont, editor of the Report comments: "This is encouraging from a
sales conversion perspective. Also, calling existing customers and prospects
that have asked to be contacted is a customer-centric strategy that's aligned
with privacy legislation."
In line with the implementation of privacy regulation, the Report shows
an overall slow-down in outbound dialling. Average outbound call volumes last
year returned to 2001 levels at just over 1.2 million calls per annum - a drop
of over half a million calls (from a peak of more than 1,7 million on average
in 2003). This decline is pronounced in regions where Do-Not-Call lists are in
place, demonstrating that privacy legislation is having a significant impact
on outbound activities.
Do-Not-Call legislation was first introduced in the United Kingdom and
North America in 2003(1). With governments in Europe and Asia-Pacific planning
to introduce similar laws, many companies have been concerned that this will
result in the demise of telemarketing.
"The findings show that this development is not necessarily something
companies should fear, as it is far more effective to call existing customers
and it's clear that permission-based outbound calling is highly effective on
the whole," explains Diemont.
However, the outbound function remains a manual process in most contact
centres, with a typical outbound call requiring a pre-call setup of 31 seconds
on average. "Outbound traffic management is a specialised practice, and one
that inbound-focussed businesses fail to do as efficiently. Depending on the
purpose of the contact, only 10% -15% of respondents to this year's survey
employ formal campaign management methods for their outbound traffic."
"To realise the positive returns from outbound initiatives, which the
Report indicates are possible, it's essential that contact centres put in
place consistent processes and use relevant campaign tools to ensure outbound
calling is both efficient and effective," concludes Diemont.
About Dimension Data
Dimension Data plc (LSE:DDT), a specialist IT services and solution
provider, helps clients plan, build and support their IT infrastructures.
Dimension Data applies its expertise in networking, security, operating
environments, storage and contact centre technologies and its unique skills in
consulting, integration and managed services to create customised client
solutions.
www.dimensiondata.com
About the Global Contact Centre Benchmarking Report
First published in the UK in 1997 by Merchants, Dimension Data's
specialist contact centre outsourcing and operations division, this year's
edition is the ninth in a series of the industry-renowned benchmarking
reports. The report has balanced global and industry representation from 403
contact centres located across 42 countries and five continents, and is an
invaluable reference for all contact centre professionals. It provides
managers with a set of best practice standards and benchmarks, including
staffing and training, performance metrics, technology usage, budgets and
development plans. The report is researched and published by Dimension Data.
For more information about the Report, please go to www.ccbenchmarking.com
(1) Entered into legislation on 4 October 2004. Source: www.ftc.gov
For further information: Dimension Data Hilary King Tel: +27 11 575 6728
Cell: +27 82 414 9623 Fax: +27 11 576 6728.
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Labels: call-centres, call-centres-south-africa, call-centres-trends, marketing
Scottish Contact Centres bucking the outsource trend
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EuropeScottish Contact Centres bucking the outsource trend Scotland is escaping the mass contact centre exodus to India due to its low cost and high skills base, an influential report published this week.
The report, by the University of Strathclyde's Professor Phil Taylor and Peter Bain, will say that while many firms south of the Border have opted to relocate to India, Scotland has bucked the trend and will continue to do so. But it will also warn that Scotland has to up its game to hold on to contact centre jobs and attract offshore business process outsourcing operations that Indian companies plan to export into Europe.
Read the full report from here @
Contact CentresOther topics / terms discussed in this report
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UK Companies Waste £55 Million During Contact Centre Outsourcing Every Year
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Sales & MarketingUK Companies Waste £55 Million During Contact Centre Outsourcing Every Year Tuesday, 13 March 2007
Better management of outsourcing providers would save UK companies £55 million a year in improved contact centre performance as well as enhancing service for customers. This is according to research and analysis by interaction management software provider Exony, which believes that there are ten key areas where UK organisations could be targeting improvements when outsourcing contact centre operations, leading to contract savings of 4.5 per cent per annum. These include resource administration, more accurate forecasting and using management information to ensure that service level agreements (SLAs) are met and optimum billing methods are in place.
Read the full report
from here @ CRM 2dayOther Topics / Terms discussed: Virtual Contact Centre, IP Technology, Data Partitioning, Better Call Routing
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Labels: call-centres-reports, call-centres-uk, costs, uk
Stellar wins call centre outsourcing deal with Acxiom
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AustraliaStellar wins call centre outsourcing deal with AcxiomMarch 20, 2007, Business News
Press releaseStellar, a leading global business process outsourcing provider, today announced that Acxiom has appointed Stellar to provide outbound database verification services.
Acxiom, a world leader in data management, chose Stellar for this work based on their expertise in call centre outsourcing, in addition to their previous experience conducting outbound data verification campaigns for other high-profile Australian clients. Stellar will conduct the service from one of their Australian call centres, which is located in Hornsby, New South Wales.
“Ensuring the accuracy and quality of the information in our client’s database is crucial,” said Scott Deane (Group General Manager Sales, Asia Pacific). “Acxiom recognises Stellar’s proven call centre management capabilities and our best practice approach to customer interaction management”.
Stellar will use their proprietary campaign management system to effectively manage the database verification service.
The outbound verifications service is initially for a short-term duration, and may extend for a further term dependent on client requirements and the results achieved.
About Acxiom
Acxiom integrates data, services and technology to create and deliver customer and information management solutions for many of the largest, most respected companies in the world. The core components of Acxiom’s innovative solutions are Customer Data Integration (CDI) technology, data, database services, IT outsourcing, consulting and analytics, and privacy leadership. Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas, with locations throughout the United States, across Europe, and in Australia, New Zealand and China. For more information, visit www.acxiom.com.au
About Stellar
Stellar is a leading global business process outsourcing provider, with over 6,000 employees across 19 contact centre sites in Australia, Philippines, North America and UK. In addition to contact centre outsourcing, Stellar also specialises in document management, workflow automation technology and outsourcing solutions. Stellar’s consistent service quality across various communication channels helps clients reduce operating costs, improve quality levels and increase revenue and profitability. The company serves a range of clients in the telecommunications, utilities, transport, finance, government and manufacturing industries. For more information, visit www.stellarccs.com
About This Release
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Contact Information
Luke Faulkner
Stellar
+61 3 8416 4019
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Labels: australia, call-centres-australia, call-centres-oceania, oceania
Datamonitor prediction on speech and call centres rings true
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Customer SupportDatamonitor prediction on speech and call centres rings trueby Arif Mohamed, Tuesday 13 March 2007
Research from analyst Datamonitor three years ago predicted that speech-enabled self-service technology will compete with offshore contact centre customer service agents.
Today, its prediction seems to have come true as Lloyds TSB, the British bank announced its decision to close its contact centre in Mumbai, India which typically handles overflow calls, owing to the widespread use and success of its automated speech-enabled phone self-service system which has eliminated the need for additional agent capacity.
Read
the full report from here @ Computer Weekly
Other topics / terms mentioned in the article: Offshoring; speech self-service; customer care; speech technology; Dell’s recent expansion into Philippines
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Labels: call-centres, call-centres-india, call-centres-it, call-centres-trends, call-centres-uk, speech-technology, technology
Double trouble - Outsourcing & Brand Image / Brand Management
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Human ResourcesDouble trouble - Outsourcing & Brand Image / Brand ManagementBy Louise Druce, staff writer, My Customer
Translating staff performance and product delivery into good customer service can be difficult enough but if you decide to outsource part of your business, it’s doubly imperative you ensure the disparate parts are talking the same brand language, says the author.
Norwich Union recently confirmed that 150 call centre jobs were moving from India back to Britain due to "cultural differences" in the handling of home insurance claims. But even if you look past the language and cultural barriers, a badly managed, low cost contact centre that has made little investment in quality and training will probably provide poor customer service wherever in the world it is located, goes this article.
Topics / terms mentioned: Merchant Consulting, UK; Virtual & human agents in contact centers; brand experience; Norther Ireland contact centre; call centre metrics; training & development; brand communication; brand integrity
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the full analysis here @ My Customer
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Labels: brand-management, call-centres-uk, marketing
Stellar Call Centres recognised for excellence in occupational health and safety
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AustraliaStellar Call Centres recognised for excellence in occupational health and safetyVendor submitted release, 10 April 2007
Stellar, a leading global business process outsourcing provider, today announced their Joondalup contact centre in Western Australia has been awarded the Gold Certificate of Achievement by WorkSafe, recognising Stellar’s commitment to Occupational Health & Safety (OHS).
This important achievement is selectively awarded by WorkSafe, a division of the Department of Consumer and Employment Protection (DOCEP). The assessment criterion looks at numerous areas, including Management Commitment, Planning, Consultation (specifically, the OH&S process available to employees), Hazard Management, Training and other special initiatives. “At Stellar, our people are paramount and this award acknowledges the focus we put on making our centres safe and creative workplaces” said John Zisis, Group General Manager Human Resources (Stellar - Asia Pacific). “We used Joondalup as the benchmark centre for our national OH&S blueprint. As a result, we are confident that all of our nine Australian contact centres conduct occupational health and safety related matters to the same gold-level standard”.
Along with the Gold Certificate, Stellar have been included on WorkSafe’s website acknowledging the achievement. According to WorkSafe “a Gold Certificate acknowledges the organisation is demonstrating the commitment and management that occupational safety and health laws promote.”
About Stellar
Stellar is a leading global business process outsourcing provider, with over 6,000 employees across 19 contact centre sites in Australia, Philippines, UK and North America. In addition to contact centre outsourcing, Stellar also specialises in document management, workflow automation technology and outsourcing solutions. Stellar’s consistent service quality across various communication channels helps clients reduce operating costs, improve quality levels and increase revenue and profitability. The company serves a range of clients in the telecommunications, utilities, transport, finance, government and manufacturing industries. For more information, visit www.stellarccs.com For further information please contact:Luke Faulkner Marketing Manager, StellarTel: +61 3 8416 4019
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Labels: call-centres, document-management, workflow-management
British Call Centers Boom Despite Offshoring
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UKBritish Call Centers Boom Despite OffshoringBusiness Week, April 10, 2007
by Andy McCue
A report says Britain's call center industry grew 6% in 2006 and predicts steady growth for at least another five years. The UK call centre industry is continuing to boom despite the threat from lower cost offshore locations such as India, according to a new report.
The UK Contact Centres in 2007: The State of the Industry report by analyst ContactBabel shows the UK call centre industry grew by six per cent last year and is now worth £20.6 billion.
Other topics discussed in the report: Salaries for UK call centre agents; Telephony Preference Service; Cold Calling; Offshore locations such as India, South Africa, Eastren Europe.
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full news report from here @ Business Week
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Labels: call-centres, call-centres-trends, call-centres-uk
Tuesday, April 10, 2007
Outsourcing Makes Sense for Big Pharma
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Medicine & HealthcareOutsourcing Makes Sense for Big PharmaThe drive behind outsourcing strategies at large pharmaceutical companies is decidedly financial. A value chain analysis shows that large public companies earn the best return when they invest in product marketing, research and development of new products, and customer-focused supply chain improvements. Conversely, brick and mortar manufacturing has a low return on investment.
Because of this, companies are strategically choosing to reduce head count, to reduce assets employed by selling or closing manufacturing facilities, and to focus upper management on sales and marketing, research and development, and supply chain, says this interesting analysis of the outsourcing trend in the pharma industry.
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the full report from here @ Pharmaceutical Processing
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Labels: analysis, competitive-advantage, pharma, pharma-trends, strategies
Philippines Call center firm teams up with Hong Kong’s PCCW
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Sales & MarketingCall center firm teams up with Hong Kong’s PCCWIPVG Corp. plans to invest up to $40 million over the next few years to expand its call center operations in the Philippines. The company aims to install 3,000 to 5,000 call center seats in the next three years, and is aiming at multinational companies in airline, consumer relations, hotels/leisure, insurance and finance...
IP-Contact Center has also signed an exclusive licensing and management agreement with PCCW Teleservices (Hongkong) Ltd. (part of PCCW Ltd., Hong Kong’s largest integrated communications co), to provide call center services in the Philippines.
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the full news report from here @ Philippine News
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Labels: asia, call-centres-airlines, call-centres-asia, call-centres-finance, call-centres-hotels, call-centres-philippines, hong-kong, philippines
Manufacturing Becoming Aggressive In IT, Back-officeOutsourcing
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North AmericaManufacturing Becoming Aggressive In IT, Back-office OutsourcingCompiled By Adrienne Selko
April 9, 2007 -- Automotive, manufacturing and high-tech sectors are more aggressively outsourcing their back-office information technology and business processes to reduce costs and improve performance according to a study released by EquaTerra.
These three industries have traditionally used IT outsourcing such as call centers, CRM, finance and accounting, and contract manufacturing, logistics, application development and engineering. Now they are embracing back-office IT outsourcing (ITO) and business process outsourcing (BPO) says this EquaTerra research, based on a survey of North American companies.
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the full report from here @ Industry Week
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Labels: auto, back-office, back-office-manufacturing, back-office-north-america, computers, it-manufacturing, manufacturing, manufacturing-north-america, north-america, surveys
Gain Insight Into Size and Scope of Asian Contact Center Industry
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AsiaGain an Insight Into the Size and Scope of the Asian Contact Center Industry Press release, April 10, 2007
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c53488) has announced the addition of Asian Contact Center Industry Benchmarking Report 2007: China, India, Singapore, Thailand, Malaysia and The Philippines to their offering.
The Asian Contact Center Industry Benchmarking Report has become the definitive Asian contact center industry reference. The Asian Contact Center Industry Benchmarking Report provides key information about the contact center industry in China, India, Singapore, Thailand, Malaysia and The Philippines.
Why this is essential reading:
- The report provides you with information about the size and scope of
the contact center industry in Asia and the six countries studied.
- Learn about industry benchmarks of performance in areas including:
Operations, Human Resources, Technology, Finances, Outsourcing
and more.
- Use the information contained in this report to gauge your center's
performance in relation to the rest of the industry.
- Find out the difference between the Outsource sector and the Captive
contact center markets.
Who should buy this report:
- Outsourcing corporations
- Contact Center Managers, Operations Managers, Service Directors in
the contact center industry
- Workforce planners
- Vendors and Suppliers to the contact center industry
- Human Resource Managers and Consultants
- IT Managers and Consultants
- Government Departments
Topics Covered
Detailed Analysis of the Contact Center Industry in Asia
1. Industry Profile
1.1 Market Size & Growth
1.2 Organization Customer Contact Channel Volumes
1.3 Primary Work Activity Undertaken in Contact Center
1.4 Inbound vs. Outbound Centers
1.5 Operating Hours
1.6 International Servicing
1.7 Languages Spoken
2. Finance and Budgets
2.1 Budget Allocation
2.2 Cost per Seat
3. Contact Handling
3.1 Contact Center Channel Volumes
3.2 Agent Call Handling
3.3 Customer Complaints
3.4 Up-selling and Cross-selling
4. Outsourcing & Disaster Recovery
4.1 Current Usage
4.2 Planned Usage
4.3 Disaster Recovery
5. Human Resources
5.1 Profile
5.2 Agent Absenteeism
5.3 Agent Turnover and Retention
5.4 Training
5.5 Teleworking
5.6 Remuneration & Incentives
5.7 Quality Assurance
6. Technology
6.1 Current Usage
6.2 Planned Investment
6.3 Website
6.4 Hosted Solutions
6.5 PABX/ ACD
6.6 Telecommunications Carrier
7. Key Performance Indicators
7.1 Current Performance Against KPI's
8. Contact Center Challenges
9. Country Overviews
9.1 China Country Overview
9.2 Malaysia Country Overview
9.3 Singapore Country Overview
9.4 Thailand Country Overview
9.5 The Philippines Country Overview
9.6 India Country Overview
Index of Figures & Tables
For more information visit http://www.researchandmarkets.com/reports/c53488
Contacts
Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press at researchandmarkets dot com
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Labels: asia, call-centres, call-centres-asia, call-centres-china, call-centres-india, call-centres-philippines, call-centres-reports, china, india, malaysia, philippines, singapore, thailand
Monday, April 9, 2007
SolidWorks Helps Rwanda Launch 2D to 3D Conversion Company
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MediaSolidWorks Helps Rwanda Launch 2D to 3D Conversion Company CONCORD, Massachusetts, April 2, 2007 - Capitalizing on the growing pool of skilled engineers in Rwanda, the country’s technology ministries are teaming with two major science and technology schools and SolidWorks Corporation to launch a company that will convert 2D data into 3D models efficiently and affordably. Called Gasabo 3D Design, Ltd., the venture will provide fast, accurate file conversion as a service, enabling SolidWorks customers to leverage their existing 2D design data without having to do it in-house.
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the full news report from here @ Ten Links
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Indiana Benefits Outsourcing plan hits key milestone
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Finance & AccountingIndiana Benefits Outsourcing plan hits key milestoneBy Ken Kusmer, Associated Press, March 17, 2007
INDIANAPOLIS, USA - The outsourcing of Indiana's welfare safety net reached a milestone recently when more than 1,500 workers left their state jobs to join a group of private vendors who will streamline the benefits operations.
Over 1,500 employees of the Indiana Family and Social Services Administration leave their state jobs and begin work for the Hoosier Coalition for Self Sufficiency, the IBM-led group taking over some welfare eligibility work. Under a 10-year contract with the state, the team will perform & automate the document collection needed to verify clients' eligibility for welfare programs.
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the full news report from here @ IndyStar
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YouDecide Acquires Voluntary Benefits Division of RewardsPlus of America
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Finance & AccountingYouDecide Acquires Voluntary Benefits Division of RewardsPlus of AmericaAcquisition allows YouDecide to offer a complete voluntary benefit program package to employers
Press releaseDULUTH, Ga., April 2, 2007 - YouDecide.com, Inc., a leading provider of voluntary employee benefit products and services and a division of Vbenx Corporation, has acquired RewardsPlus of America Insurance Agency, Inc. (the "Agency"), a subsidiary of RealLife HR.
The purchase includes the Agency's SureDeduct/SurePay technology, the company's industry-leading, single-slot payroll deduction technology. The acquisition adds a voluntary customer base of more than 150,000 active employees, including 20 major accounts, averaging 8,000+ employee populations.
"With this acquisition, we combine the unique value propositions of two industry-leading technologies that individually changed the landscape of the voluntary benefits marketplace. Integrating these two programs sets the bar even higher and we will continue to set the pace for the industry over the next several years," said Peter E. Marcia, CEO of Vbenx Corporation.
"Our exceptional communications and delivery platform coupled with the SureDeduct/SurePay payroll technology will provide us with a unique advantage in the marketplace and firmly establish our leadership position in the voluntary employee benefits marketplace," Marcia continued.
"YouDecide has emerged as a superior employee benefits technology resource. Coupled with the acquired voluntary benefit resources of the Agency, we can offer a solution second to none in the marketplace today," said Tony Trani, president of Vbenx Corporation. "We are extremely excited with the reception our new offering is receiving - everyone is anxious for this total voluntary benefit package that creates a comprehensive solution within the marketplace," he added.
Gary Broache, RealLife HR president and CEO, views the consolidation of the voluntary benefits platforms as the natural evolution of the business models. "As RealLife HR continues its focus on the growth of its core health and welfare outsourcing services platform, YouDecide became the natural partner for us in the voluntary benefits arena. This transaction allows us to provide our customers with an enhanced voluntary benefits solution while leveraging our existing SureDeduct/SurePay technology. We look forward to our partnership with YouDecide," he said.
YouDecide's voluntary benefit and discount programs augment an employer's core benefits, providing a means of strengthening an employer's compensation package as well as their corporate image with employees. "Combining YouDecide's breadth of traditional and non-traditional voluntary products and services with the Agency's payroll deduction capabilities allows us to offer a turn-key voluntary benefit delivery solution to employers," Trani said.
YouDecide's complete voluntary benefits platform for employers and associations now includes:
-- Full portfolio of insurance and financial products offered on a group
and individual basis;
-- Real-time policy quoting on a broad portfolio of products including
healthcare, disability, long-term care, automobile and homeowner
insurance, as well as other insurance products and services;
-- Wide selection of more than 75 consumer goods and services discount
programs from quality partners;
-- One-stop shopping via a dedicated toll-free number featuring qualified
advisors, single destination website for all voluntary benefits tools,
resources, information, purchasing and enrollment; and
-- Single slot payroll deduction technology, including premium
reconciliation and remittance to carriers.
"From retirement to healthcare, the trend in providing employee benefits clearly points to a continued shift in individual financial responsibility from the employer to the employee in the management of their personal benefits portfolio," Marcia continued.
"YouDecide is uniquely positioned to take advantage of such market trends with our technology platform delivering a high quality, customizable employee benefits experience in a secure environment for our clients. To that end, we believe this partnership with the Agency will allow us to be a dominate player in the voluntary benefits marketplace," Marcia concluded.
About YouDecide
YouDecide.com, Inc., a division of Vbenx Corporation, is a leading provider of voluntary benefit and discount programs, offering a single destination web site for financial, insurance and employee discount programs. For over a decade, YouDecide has offered a diverse selection of competitive products enabling employees to compare rates; utilize educational and analytical tools; and make purchases at favorable prices through the Internet, corporate Intranet and telephone. YouDecide currently has over three million eligible corporate members and one million affinity and association members. For more information, visit http://www.youdecide.com/ or call 770-291-7500.
About RealLife HR
A nationwide leader in benefits management automation and outsourcing services, RealLife HR simplifies and automates benefits communications, enrollment and administration. Distinguished by an award-winning dedicated service delivery model, extensive US-based call center services compliment the company's technology foundation. Utilizing proprietary tools, most implementations of the RealLife Benefits(R) solution can be completed within 90 days. RealLife HR clients include a wide array of nationally recognized entities including adidas, Magellan Health Systems, Bombardier, US Airways, and the North Carolina Office of State Personnel. For more information, visit http://www.reallifehr.com/.
Website: http://www.youdecide.com/
Website: http://www.reallifehr.com/
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Labels: benefits-administration, it-finance-usa, it-hr, payroll-usa
Offshore Recruitment Process Outsourcing (oRPO) Co's Reseller Programs in US, Canada, Europe
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also
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Human Resources,
USA,
Europe,
CanadaLeading Offshore Recruitment Process Outsourcing (oRPO) Provider, OS2i Expands Reseller/Partner Programs into the US, Canada and Europe As the inventors of offshore Recruitment Process Outsourcing (oRPO), OS2i has successfully been integrating their oRPO services into some of the most complex US and European recruitment processes for over four years. To expand their hybrid onshore-offshore RPO model they are looking to grow their affiliate and reseller programs to carefully selected Individuals, Organizations, or Associations serving the Recruitment or Human Resourcers industry.
London, UK & New York, USA (PRWeb) March 30, 2007 -- OS2i, the world's largest provider of offshore Recruitment Process Outsourcing (oRPO) services to the US and UK recruitment industry, today announced its Reseller and Affiliate programs. Designed to enhance partners revenue streams and broadens their own current offerings by reselling or referring OS2i to their customers. The partner program is particularly well-suited to US & UK individuals, organizations or associations serving Recruitment or the Human Resourcing industry.
Affiliate & Reseller Partners will be fully supported by a dedicated US or UK sales manager, a research team, marketing collateral, CRM access, web and email leads and the commitment to make the partnership excel. Remuneration compounds month on month to make the financial benefits extremely lucrative.
About OS2i
OS2i was the first company in the world to pioneer the concept of offshore Recruitment Process Outsourcing (oRPO). After four years the concept has turned into a business model which is fundamentally changing the way the world recruits.
As well as their experience in the offshore Recruitment Process Outsourcing (oRPO) space, OS2i is working with over 300 US & UK Staffing Companies and boasts many of the top 100 within their client portfolio.
Operating a hybrid onshore-offshore business model, OS2i's offshore RRO facility is based in India and boasts onshore offices in both the UK and USA. This dual-shore model allows OS2i to deliver outsourced resourcing and recruitment administration services at offshore rates while guaranteeing onshore quality and accountability.
While there are many benefits to outsourcing elements of the recruitment process offshore, cost saving is usually the paramount consideration. When comparing the total cost of employing a onshore Recruiter, Sourcer or an Administrator, using OS2i, clients see savings of 60% to 75%.
Typical Outsourced oRPO Services:
Candidate Generation: Job Board Resume Database Searching, Advertising response, ATS Searching, Talent Pool development, Advanced Online Passive Candidate identification, Intelligent Online Advertising, candidate networking & referrals (email & telephone)
Candidate Screening: Email screening & qualification, telephone screening & qualification, online testing
Recruitment Administration: Interview Co-ordination, Resume Formatting & Processes, Time sheet administration
If you are interested in finding out more about becoming a reseller please contact the Sales Director of OS2i, Robert Drake at 646 429 0905 (US) 08454 666600 (within the UK) or Company website www.OS2i.com and www.os2i.com/us/resellers.php
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Labels: hr, hr-canada, hr-europe, hr-usa, recruitment, recruitment-canada, recruitment-europe, recruitment-usa, rpo
ACS Wins Outsourcing Contract With Public Employee Retirement System of Idaho
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Government & Society,
Human Resources,
Finance & Accounting,
Computers & Software,
USAACS Wins Renewed Defined Contribution Outsourcing Contract With Public Employee Retirement System of IdahoDALLAS, March 27 -- Affiliated Computer Services, Inc. (NYSE: ACS) , a premier provider of business process outsourcing and information technology solutions, announced today that it has been awarded a renewal of its defined contribution outsourcing contract with the Public Employee Retirement System of Idaho (PERSI), a multi-billion dollar retirement plan providing long-term benefits for more than 100,000 members who have had careers in public service. The three-year contract is valued at $4.7 million, with a two-year renewal option.
ACS has been providing participant recordkeeping, communications, and compliance services for PERSI members of their supplemental 401(k) plan since 2001. These services will continue under the terms of the renewed agreement, with ACS enhancing its communications services to include consulting services that will promote PERSI's defined contribution plan, which ACS supports. ACS will also manage a state-of-the-art participant website on behalf of PERSI.
ACS won the business despite strong competition, underscoring its successful track record with PERSI, as well as a history of delivering exceptional service in the defined contribution plan arena. The contract is one of a number of recent renewals for ACS in the human resource outsourcing (HRO) and the total benefits outsourcing lines of business.
"ACS delivers expert knowledge of complex issues and a consistent commitment to technical excellence that translates into efficient, accurate, and customer-focused servicing for our members," said Diane Kaiser, Choice Plan 401(k) Manager of PERSI. "With ACS' help, we have measurably enhanced our member services in the 401(k) plan, and at the same time, improved and streamlined efficiencies. We value ACS' partnership approach and flexibility, especially in the somewhat unique environment of a governmental 401(k) plan, which allows us to work closely together to effectively meet the diverse needs of our members."
"Total benefits outsourcing is a core competency of ACS' HRO business," said David Bywater, ACS Senior Managing Director, HRO Solutions. "Paired with our industry-leading consulting capabilities, ACS has distinguished itself globally as a top HRO provider -- offering comprehensive solutions and best-in-class service and results that help our clients improve their overall performance in human resources. We're extremely pleased about continuing to support PERSI and its members under this renewed agreement."
ACS and PERSI support 680 public employers within the PERSI supplemental defined contribution program, including 63,000 active members, 26,000 retirees, and 18,000 inactive members.
ACS offers a full range of integrated, end-to-end HRO services, and is renowned for its pioneering initiatives that have opened a complete spectrum of customized HRO solutions to large-scale clients around the world. ACS provides HRO services for more than three million people around the globe, delivering services from more than 80 locations in more than 60 countries and supporting 20 languages. ACS' comprehensive suite of HRO capabilities includes total benefits outsourcing -- complete employee services and benefits administration -- as well as strategy and consulting to engineer and improve human resources operations and services.
PERSI is a multi-billion dollar retirement plan designed to provide secure, long-term pension benefits for employees who choose careers in public service. The plan provides defined benefit and supplemental defined contribution retirement plans, disability retirement, survivor, and account withdrawal benefits, with some 63,000 active members, 18,000 inactive members and 26,000 retirees or annuitants receiving benefits. Learn more at http://www.persi.state.id.us/.
ACS, a global FORTUNE 500 company with 58,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The Company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." ACS makes technology work. Visit ACS on the Internet at http://www.acs-inc.com/.
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
Website: http://www.acs-inc.com/
Website: http://www.persi.state.id.us/
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Labels: benefits-administration, benefits-administration-usa, government-usa, hr, hr-it, hr-usa, it-finance-usa, retirement-benefits, retirement-benefits-usa
ExcellerateHRO Signs Outsourcing Contracts With KLA-Tencor, GameStop for Relocation and Assignment Services
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also
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Human Resources,
Leisure & Entertainment,
Electronics,
USAExcellerateHRO Signs Outsourcing Contracts With KLA-Tencor, GameStop for Relocation and Assignment ServicesPress releaseNew agreements provide services in the U.S. and internationally
Press releasePLANO, Texas, April 5 - ExcellerateHRO today announced it has signed contracts to provide Relocation and Assignment Services to KLA-Tencor Corp., the world leader in yield management and process control solutions for semiconductor manufacturing, and GameStop Corp., the world's largest video game and entertainment software retailer. Financial terms of the agreements were not disclosed.
"ExcellerateHRO Relocation and Assignment teams are dedicated to managing the complexities of transitioning employees to new locations in the U.S. and around the world," said Randy Griffith, ExcellerateHRO client executive. "These outsourcing agreements ensure that KLA-Tencor and GameStop will see enhanced services, lower costs and minimized tax liabilities."
ExcellerateHRO Relocation and Assignment Services assumes management responsibility for an organization's worldwide relocation operations using a high-touch, high-tech approach. Certified relocation professionals act as a single point-of-care for optimum personal interaction. Real-time integration between back-office systems and a Web-based Customer Center provides around- the-clock access to secure and personalized functionality. ExcellerateHRO's experienced relocation consultants, best-in-class suppliers, state-of-the-art technology systems and proven processes take the burden of relocating employees off of HR staff, minimize costs and tax liabilities, and ensure that transferees' lifestyles are preserved.
About ExcellerateHRO
ExcellerateHRO is the jointly owned HR Outsourcing business of EDS (NYSE: EDS) and Towers Perrin, combining the outsourcing experience of EDS with Towers Perrin's HR domain expertise. ExcellerateHRO offers a flexible portfolio of HR Outsourcing services on a global basis to mid-size and large employer organizations. The company provides HR Outsourcing, Benefits Administration, Payroll, and Relocation and Assignment services to more than 400 clients in North America, Europe, Latin America and Asia Pacific, serving more than 34 million participants from its client organizations. Learn more at http://www.excelleratehro.com/.
CONTACT:
Helen Leflar - ExcellerateHRO
972 605 8232
helen [dot] leflar [at] excelleratehro [dot] com
Website: http://www.excelleratehro.com/
Website: http://www.eds.com/
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Labels: eds, games, hr, hr-usa, relocation, retail, retail-usa
Sunday, April 8, 2007
Rio Tinto takes in-house control
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Australia,
Metals & Mining,
Computers & SoftwareRio Tinto takes in-house controlDave Friedlos, Computing, 05 Apr 2007
Mining and exploration giant Rio Tinto is overhauling its corporate web site so it can manage content from around the globe in-house, and can deliver up-to-date corporate and financial information from around the world.
Rio Tinto staff in the UK, US and Australia, will be able to manage content in-house to reduce the costs and management overheads of outsourcing.
Read
the full news report from here @ IT Week, UK
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Labels: australia, costs, it-mining, mining-australia
Hind Copper set to enter exploration JVs
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also
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India,
Metals & Mining,
Australia,
CanadaHind Copper set to enter exploration JVsRakhi Mazumdar, Times News Network, Apr 4, 2007
Kolkata, India: In a break from its past, the public sector Hindustan Copper has decided to enter into JVs for exploration and prospecting. It has entered into an MoU with Australian mining companies Monrach Gold and Zoom Developers, and also a tieup with two Canadian companies — Cornerstone Resources and Hunter Dickenson.
The effort is aimed at minimising the gap between mine output and thrice-costlier imports of copper concentrates to achieve its smelter capacity.
Read
the full news report from here @ Economic Times
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Labels: australia, canada, canada-india, india, mining, mining-australia, mining-canada, mining-india
BHP, CSC Australia Sign IT, Software Outsourcing Deal Renewal
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Computers & Software,
Metals & MiningBHP, CSC Australia Sign IT, Software Outsourcing Deal Renewal Mar 30, 2007
BHP Billiton, THE Anglo-Australian mining company, has awarded a two-year, $81 million IT-services deal renewal to CSC Australia, under which Computer Sciences Corporation (CSC) will continue to offer software development and maintenance services to BHP, will support BHP's legacy applications as well as its global enterprise resource planning and enterprise content management systems.
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Labels: australia, it-australia, it-mining, mining, mining-australia
VoIP and the Emerging-Market Call Center
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also the following for
related categories:
Customer Support,
Sales & Marketing,
E-commerce & E-businessVoIP and the Emerging-Market Call Center29 Mar 2007
Many call centers in emerging markets are making the migration from legacy voice and data communications to VoIP platforms as a means of obtaining a much wider range of features that can increase productivity, reduce costs and lead to more efficient and effective management.
The stage is set for further growth in Voice over Internet protocol communications with technological advances, telecom market deregulation and a growing web of fiber optic and wireless networks, says this article from Ecommerce Times
Read
the full news article from here @ E-commerce Times
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Labels: call-centres, call-centres-it, e-commerce, internet, voip
Platts and Capgemini Quantify Top Utility Industry Issues in New Study
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also the following for
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Energy,
UtilitiesPlatts and Capgemini Quantify Top Utility Industry Issues in New Study Utility Executives’ Key Concerns: Uncertain Regulations, Investments and Price Risks
Press release, March 15, 2007
NEW YORK-- A new Platts/Capgemini study of senior executives at U.S. and Canadian utility companies finds that the most important issues facing the energy industry today are regulation, infrastructure investments and managing the risk associated with commodity price fluctuations.
“This study brings to the forefront the diverse and critical issues facing utilities’ leadership today,” said Victoria Pao, president, Platts. “A complex, ever changing regulatory environment, coupled with volatile commodity will require that the industry is more nimble than ever before in managing risk and seizing opportunities.”
Through more than 100 interviews with chief executive officers, presidents and senior-level executives, the Platts/Capgemini Utilities Executive Study identified and prioritized current industry issues, assessing opinions about the future of the energy industry and measuring the steps utility companies are taking to prepare for the future.
The utility executives’ predictions for the future include increased reliance on information management, continued focus on workforce management issues and increased use of renewable energy. They believe their companies’ risk management function will increase significantly in coming years.
Study results also indicated that over the next five years utilities will increasingly use outsourcing for inventory management, call center, billing and information technology business processes, but will continue to manage outage management, trading, generation, transmission or distribution operations.
“This study verifies that top executives are becoming laser-focused on their core businesses and are considering outsourcing for their day-to-day operations,” said Amin Bishara, vice president, global outsourcing utility sector, Capgemini. “Utilities are just now growing comfortable with letting another organization manage its customers, a key historic concern of most utilities. It’s not surprising that executives want to hold on to functions that are closer to their core business.”
Executives indicated that companies will increase their reliance on technology, including smart grid, smart meter and information management over the next five to 10 years.
“Utility companies are beginning to connect the dots between their need for the most robust information technology and the ability of their organization to manage all the risks they face Concerns for risk should not be limited to operational risks for generation and transmission, but should also include risks associated with customer relationship management or inefficient inventory management,” Bishara added.
For more information regarding the Platts/Capgemini Utilities Executive Study and to receive a copy of the complete results, please visit http://www.us.capgemini.com/PlattsStudy/.
About Platts
Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of energy and metals commodities information. With nearly a century of business experience, Platts serves customers across more than 150 countries. From 14 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets. Platts' real time news, pricing, analytical services, and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at http://www.platts.com.
About Capgemini
Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, which it calls the Collaborative Business Experience. Capgemini reported 2006 global revenues of approximately $9.625 billion or EUR 7.7 billion and employs approximately 68,000 people worldwide. More information www.us.capgemini.com.
Contacts
Capgemini:
Lisa Boughner, + 1 312-451-8338
or
Platts:
Kathleen Tanzy, +1 212-904-2860
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Labels: capgemini, energy, energy-trends, trends-utilities, utilities
Chinese outsourcing on the rise
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also the following for
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India,
AsiaChinese outsourcing on the rise2nd April 2007, By Patrick Wachter
With its low-cost, high-skilled and plentiful labour force, China has been working hard in recent years to put itself on the map as a viable offshore destination for IT services work, says Patrick Wachter.
Chinese firms are still mostly working on the lower end of the services ladder - basic applications, software testing and some R&D - mostly for multinational companies' Chinese operations, not their wider IT concerns. But even if their outsourcing model is not as evolved as their Indian counterparts, Chinese companies are positioning themselves for further growth and more sophisticated project work.
Read
the full news report from here @ CBR Online
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Labels: china, india, offshore-trends, trends-asia
Mellon Financial to Provide Managed Accounts Outsourcing for Bear Stearns Asset Management
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Investment BankingMellon Financial to Provide Managed Accounts Outsourcing for Bear Stearns Asset Management03 Apr 2007
Source: Mellon Financial Corporation
PressReleaseBoston, April 3 - Mellon Financial Corporation announced that its Asset Servicing group will administer the middle and back office for the managed accounts business of Bear Stearns Asset Management (BSAM). Among the services that Mellon will provide are account opening and maintenance, transaction support, custodian reconciliation, and investor reporting services. Mellon will also be providing BSAM with an imaging and workflow tool.
"What impressed us most was Mellon's long-term industry commitment as a managed accounts outsourcing provider, and the experience of its industry- focused service team," said Stuart Hendry, managing director of investment operations for BSAM. "We needed a partner that brought the same level of quality and expertise to the back office as we bring to the front. Mellon is that partner."
"Asset managers want to focus on what they do best for clients - making excellent investment decisions," said James P. Palermo, Mellon vice chairman and head of asset servicing. "Outsourcing back office functions is a cost- effective solution that enables money managers to do that successfully. We look forward to enhancing the strong relationship Mellon enjoys with Bear Stearns Asset Management and furthering their efforts to better serve clients." Mellon currently administers approximately 65,000 managed accounts, representing $35 billion in assets.
Bear Stearns Asset Management manages more than $42 billion in assets across a spectrum of active investment disciplines, including a selection of U.S. equity and fixed income separate accounts, hedge and private equity funds, and funds of funds.
Mellon's Asset Servicing group develops solution-oriented tools to support the entire investment process for public and private pension funds, endowments and foundations, asset managers, mutual funds, insurance and other financial institutions.
Source: Mellon Financial Corporation
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Labels: back-office-finance, finance, investment-banking
Keane Announces Adaptive Outsourcing (SM), a Flexible Approach to Application Outsourcing
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also the following for
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Function,
Industry,
GeographyKeane Announces Adaptive Outsourcing (SM), a New Flexible Approach to Application Outsourcing Mmar 19 2007
Press release Keane and The Hanover to present on Adaptive Outsourcing at the Gartner Outsourcing Summit
DALLAS, March 19 -- GARTNER Outsourcing Summit
-- Keane, Inc. (NYSE: KEA), a leading business process and information
technology (IT) services firm, today announced Adaptive Outsourcing (SM),
its flexible approach to application outsourcing. This model provides all
the benefits of traditional outsourcing with more flexible delivery models
tailored to match technology adoption cycles. With Keane's Adaptive
Outsourcing, clients will gain the ability to react swiftly to dynamic
business opportunities and can reduce the cost of current operations,
reengineer application portfolios, and redirect cost savings to fund
strategic initiatives.
Keane's Adaptive Outsourcing approach aligns with Gartner's concept of
disciplined multisourcing and Forrester Research's concept of adaptive
sourcing. According to Gartner, they "introduced the concept of disciplined
multisourcing in response to widespread dissatisfaction and the outright
failure of outsourcing deals." Keane's Adaptive Outsourcing approach is
designed to alleviate the source of much dissatisfaction at the core of the
traditional client-vendor relationship.
At the Gartner Outsourcing Summit, Sukant Srivastava, Keane's Global
Vice President & Managing Director of India, will present a session
introducing Keane's Adaptive Outsourcing model. The presentation will be
held on Monday, March 19, at 11:00 a.m. ET at the Gaylord Texan Resort and
Convention Center, in Grapevine D, in Dallas, Texas. Mr. Srivastava will
address how this new approach to application outsourcing gives companies
the agility, speed, and innovation they need to meet their ever-changing
business demands. With Keane's Adaptive Outsourcing Model, clients benefit
from business value, where the success of an application outsourcing
engagement is measured on business outcomes, not just on technical metrics
and SLAs. In addition, Adaptive Outsouricng leverages the insight that
Keane gains about a client's organization over time, resulting in a
more-strategic, more-satisfying client- vendor relationship.
Immediately following, Greg Tranter, CIO of The Hanover Insurance
Group, Inc., one of the country's top providers of property and casualty
products, will present a case study titled, "Flexibility Drives Value:
Keane and The Hanover Insurance Group, Inc.," which will explore Keane's
and The Hanover's long-term relationship and will highlight their
achievements in application outsourcing.
Mr. Tranter's case study will detail how The Hanover Insurance Group
has leveraged Keane's flexible outsourcing approach to reduce its
application support costs while advancing its strategic business and
technology initiatives, and realizing solid business value - including
revenue growth, lower costs, improved quality, and faster time to market.
Keane, a Premier Sponsor of the Gartner Outsourcing Summit, can be
visited by attendees at booth #3 in the Sponsor Showcase on Monday, March
19, from 12:00 - 2:00 p.m. and from 5:30 - 7:30 p.m., and on Tuesday, March
20, from 12:00 - 2:00 p.m.
About the Gartner Outsourcing Summit
The Gartner Outsourcing Summit is the only event designed to provide a
comprehensive view of the entire outsourcing arena that allows leaders from
both business and IT groups to come together. The event offers a holistic
understanding of all the options, risks, and opportunities available
regarding outsourcing. The Summit provides unbiased, road-tested advice and
best practices necessary for setting outsourcing strategies and objectives,
evaluating and selecting the right services providers, managing
relationships with external partners and delivering profitable outcomes.
Additional information is available at http://www.gartner.com/us/outsourcing.
About The Hanover Insurance
Today, The Hanover Insurance Group, Inc. (NYSE: THG) operates as The
Hanover Insurance Company, except in Michigan, where we do business as
Citizens Insurance Company of America. The Hanover, based in Worcester,
Massachusetts, is a leading regional provider of Property and Casualty
insurance products for individuals, families, and businesses. The Hanover
offers a wide range of Property and Casualty products and services through
an extensive network of Independent Agents. Taken as a group, The Hanover
ranks among the top 35 Property and Casualty insurers in the United States.
About Keane
In business since 1965, Keane, Inc. (NYSE: KEA) is a leading business
process and IT services firm. Keane delivers Application and Business
Process Services to help clients transform their business and IT operations
to achieve demonstrable, measurable, and sustainable business benefit. As a
trusted advisor and partner for its clients, Keane solves real business
issues through the development and implementation of cost-effective,
change-oriented, industry-specific solutions.
Specifically, Keane delivers highly synergistic application and
business process services, including Application Development and
Integration Services, Architecture Services, Application Outsourcing,
Program Management, and Testing, as well as Business Transformation
Services including Business Process Outsourcing. Keane believes that
business and IT improvements are best realized by streamlining and
optimizing business and IT processes, implementing rigorous management
disciplines, and fostering a culture of accountability through meaningful
performance metrics. Based in Boston, Mass., Keane delivers its services
throughout the United States, Australia, Canada, India, and the United
Kingdom. For more information, visit http://www.keane.com.
SOURCE Keane, Inc.
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Labels: innovation, trends, unique-outsourcing
Secrets of Outsourcing Security
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also the following for
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Function,
Industry,
GeographySecrets of Outsourcing SecurityAs the outsourcing market grows, so do the security risks. What can you do to decrease the threat?
Today, mitigating outsourcing security risks is more important than ever. In an interview with Associate Online Editor Diann Daniel, Burton Group Analyst Diana Kelley offers tips on determining risk levels, monitoring your vendor and negotiating service level agreements.
Read
the full interview here @ CSO Magazine
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Labels: compliance, contractual-terms, intellectual-property, problems, security, sla
Africa still has problems, but technology is making inroads
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AfricaAfrica still has problems, but technology is making inroadsThis is an article on the status of outsourcing opportunities in Africa and specifically, Kenya, by Thomas Friedman
Kenya still has all the ills of other African states -- from AIDS to abject poverty. But Kenya also now has a democratically elected government that is learning to get out of the way of Kenya's entrepreneurs and to get them the bandwidth they need to compete globally, and the advances in technology are helping the country too. It's way too early to declare Kenya an economic "African Tiger," but something is stirring - and KenCall, a call center that is thriving and adding excellent value, is emblematic of it, says this interesting article about Kenya's entry into the offshoring and outsourcing bandwagon. Read the
full news report from here @ Post Bulletin, Apr 2007
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Labels: africa, alternative-destinations, call-centres-africa, kenya, problems-africa
UK Co-op Financial Services extends Xansa outsourcing deal
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UK,
Finance & Investment,
Banking,
Insurance,
EuropeUK Co-op Financial Services extends Xansa outsourcing dealCompany announcement, Source: Xansa
Apr 2007
Co-operative Financial Services (CFS) and Xansa, the outsourcing and technology company, are pleased to announce that CFS is extending and expanding its outsourcing partnership with Xansa.
In a contract which could be worth up to £100 million over five years, Xansa will work with CFS to create a unified Application Development and Support (ADS) service across the whole of the business.
Xansa has been working in partnership with CFS since May 1994 when it signed a £22 million seven year agreement to develop and support the Co-operative Bank's applications. This contract was extended in May 1998 and again to May 2007. The new contract represents a broadening of the partnership to encompass the Insurance side of the business in addition to the current banking relationship. As at present, Xansa will provide the service from a blend of locations in the UK and India.
CFS currently faces the twin challenges of a highly competitive market place and an increasing regulatory environment. Creating the unified ADS service will enable CFS to respond to the regulatory pressures in a cost effective, timely manner. In addition the technology enabled business services will allow CFS to expand and enhance its product lines, improving speed to market and thereby respond quickly to competitive challenges. In selecting Xansa, CFS is able to build on the existing Banking service operation and carry out a fast-track transformation to a unified CFS-wide service.
Commenting on the announcement David Anderson, Chief Executive, Co-operative Financial Services, said: "Xansa has been successfully delivering to Co-operative Financial Services for 12 years. Their approach suits us well with their integrated delivery capability. This will support our business change agenda which is driving us towards the vision of becoming the UK's most admired Financial Services business.
"Xansa's commitment to the UK Retail Banking and Insurance sector means that they understand our market and regulatory environment. In addition Xansa's transformation expertise will enable us to create a best in class, unified application development and maintenance service under the controlling direction of our IS department."
Commenting on the announcement Alistair Cox, Chief Executive, Xansa said: "We are delighted that Co-operative Financial Services continues to choose Xansa as its partner for applications management, IS transformation and web based development. CFS represented Xansa's first ever financial services outsourcing contract and our second ever outsourcing deal, and this expansion and renewal is a clear endorsement of our excellent and longstanding relationship. It also demonstrates our commitment to long term relationships which means that CFS can count on Xansa to help deliver its vision for the future."
Click on the labels below for more posts on those categories
Labels: banks, banks-uk, finance, finance-uk, insurance, insurance-uk, it-finance, it-finance-europe, it-finance-uk
ScienceSoft Becomes Outsourcing Partner of TietoEnator
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also the following for related categories:
Europe,
Computers & Software,
FinlandScienceSoft Became Outsourcing Partner of TietoEnatorPress releaseThe outsourcing agreement with TietoEnator makes a good start to a successful cooperation and will bring ScienceSoft to a new level of services offered.
Helsinki, Finland, April 07, 2007 -- On the 14th of March, 2007 at ScienceSoft’s office in Minsk an outsourcing agreement between ScienceSoft and TietoEnator was signed. TietoEnator is one of the largest IT services providers in Europe with about 16 000 experts. Establishing partnership with Eastern European software development services provider, such as ScienceSoft, is one of the steps in realization of TietoEnator’s development strategy toward cost-effective solutions and provision of high-quality services to its customers.
After a 20-months process of candidates’ review and negotiations, ScienceSoft was chosen as TietoEnator's partner in Belarus. ScienceSoft met all requirements as an outsourcing software development center for realization of TietoEnator’s projects.
The Parties were represented by Mr. Nikolay Kurayev, ScienceSoft’s Managing Director, and Mr. Juhani Lano, Senior Executive Advisor of TietoEnator. They expressed their hope and willingness for a long and mutually beneficial cooperation. Mr. Juhani Lano indicated two main business areas of ScienceSoft and TietoEnator’s cooperation: Banking and Insurance, Telecom and Media. These areas are both challenging and highly demanded in the world market.
Mr. Kurayev congratulated ScienceSoft’s personnel on the company’s achievement. He stressed that the company’s success became real thanks to ScienceSoft team’s dedicated work and professionalism.
Currently ScienceSoft expands its staff of highly qualified professionals, particularly of experienced Java developers, to work at European projects of TietoEnator. Detailed requirements towards such candidates can be found at Careers page of ScienceSoft's website.
The outsourcing agreement with TietoEnator makes a good start to a successful cooperation and will bring ScienceSoft to a new level of services offered.
###
TietoEnator is one of the largest IT services providers in Europe, providing consulting, development and hosting services to its customers’ digital businesses. TietoEnator focuses on areas where they have the deepest industry expertise: banking, telecom, healthcare and forest. In these areas, TietoEnator works hand in hand with many of the world’s leading companies and organizations and now active in more than 25 countries.
ScienceSoft has been in the market of offshore software development since 1989, being one of the most mature companies of Eastern Europe. The company specializes in offshore software development, doing software development projects for middle and big companies across the world. If you need more information, you are welcome to contact them.
Contact Information
ScienceSoft Inc.
Tatiana Romanovich
+375 17 293 37 36
http://www.scnsoft.com
Click on the labels below for posts on the categories.
Labels: belarus, eastern-europe, europe, finland, it-europe
Prospects bright for insurance telesales outsourcing in Thailand
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSee also the following for related categories:
Finance & Accounting,
Insurance,
Sales & Marketing,
AsiaProspects bright for telesales outsourcingCharoen Kittikanya, Apr 7, 2007
Driven by growing demand for telemarketing, particularly in the insurance and finance businesses, Teledirect Telecommerce (Thailand) is looking to expand its business locally.
Teledirect provides outsourced call centres for outbound sales calls and customer relationship management. Its core telesales product is insurance. It currently provides services to four insurers and two consumer product firms.
Teledirect in Thailand employs 250 operators, and derives 95% of its revenue from telesales, mainly for insurance companies.
Read the
full news report from here @ Bangkok Post
Click on labels below for more posts for those categories.
Labels: call-centres-asia, finance-asia, insurance, insurance-asia, sales-marketing, telemarketing, thailand
Thursday, April 5, 2007
South Africa: State to Offer R1bn Lure for Call Centres
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesSouth Africa: State to Offer R1bn Lure for Call CentresBusiness Day (Johannesburg), March 16, 2007 - by Mathabo Le Roux
Johannesburg
The South African government has earmarked R1bn in investment incentives over the next five years to lure international business services to SA to boost job creation and increase foreign direct investment. The investment is estimated to translate into 100000 new jobs by 2009 and draw about $175m in foreign direct investment, pushing up the sector's contribution to GDP significantly.
SA has had success with call centres, with the subsector growing 8% a year over the past four years. It now employs 54000 call centre agents and government hopes to emulate that success...
Read
the full news report from here @ All Africa
Labels: africa, alternative-destinations, call-centres, call-centres-africa, government-support, south-africa
NEPC launches Nigeria into global outsourcing industry
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesNEPC launches Nigeria into global outsourcing industry, targets N1.3trnBy Franklin Alli, March 15, 2007
The Special Adviser to the President/CEO Nigerian Export Promotion Council (NEPC), Mrs. Modupe Sasore, said the Council has created a platform that will enable the country to net $10 billion (about N1.3 trillion ) as revenue annually, from the global Information Technology Business Process Outsourcing (IT BPO).
Sasore said the Council is executing the project through Hudson Consulting Group USA, and Tathya Dot Com India...
Read
the full news report from here @ Vanguard Nigeria
Labels: africa, alternative-destinations, nigeria
VoEx Signs JV with Kalimat Telecom for Iraq's CDMA
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesVoEx International LLC (TM) Signs a 10 Year $200 Million Joint Venture Contract with Kalimat Telecom to Design Build & Operate Iraq's First National CDMA WLL Network Press releaseVoEx International LLC (TM) and Kalimat Telecom finalized and signed a 10 Year Joint Venture Contract estimated about $200 Million US Dollars to design build and operate Iraq's First National CDMA WLL Network with advanced WiMAX capabilities. This network will be the First Middle East state of the art CDMA Limited Mobility Network with EvDo & WiMAX capability and full iP based voice, video and data offerings.
Santa Monica, CA; Kuwait City, Kuwait (PRWeb) April 4, 2007 -- VoEx International (TM) LLC, a leading communications and telecom engineering innovation company with multiple solutions vendor for wireless fixed, mobile, VoIP and next-generation wireless networks, today announced it has signed a contract with KALIMAT Telecom of Iraq, a newly launched First National Fixed Wireless Local Loop Telephony & Data provider providing services to all 26 million Iraqi citizens. KALIMAT Telecom offers to the Iraqi telecom consumer a combined voice carriage and data exchange scheme under one platform with enhanced IP capabilities. This is the first time this class of service is being licensed by the Iraqi Commission for Media & Communication (CMC) to solve the connectivity challenges facing the Iraqi telecom market and to bring Iraq's capabilities to a much higher standard. Under the terms of the agreement, which strengthens VoEx's position as the dominant player in Iraq's niche telecoms market, KALIMAT Telecom will contract VoEx International (TM) exceptional expertise and global engineering, marketing & operations experience to support its fast-growing IP network operations management systems.
KALIMAT Telecom is a leading telecoms player that handles the voice traffic and data transfer needs of the Iraqi consumer between different regions of the country, ensuring improved call completion rates, prompt bill settlement and increased revenue for its operation. With its innovative, best of breed technology VoEx's management will provide the company with the capability to future-proof its existing and potential service offerings. This level of flexibility is vital to remaining a competitive force in Iraq's fast-growing, billion-dollar telecommunications industry.
VoEx's engineering vision and solutions will enable KALIMAT to cost-effectively manage processes for all its fixed line, wireless, VoWLAN and next generation services & inter-carrier partners.
"Our continued success in Iraq's telecoms market is indisputable proof that we are the market leaders in the highly competitive personal telecoms space," said Wilson Varghese, President of KALIMAT Telecom. "The combined strengths of VoEx's network management capabilities and network operator experience will play a crucial role in supporting KALIMAT Telecom operations as it enters a growing, deregulated telecoms market. By installing their solutions, KALIMAT revenue is maximized through this inter-carrier billing activity, which is usually the first or second source of income for fixed and mobile operators, will provide KALIMAT with the additional income it requires to support new services at competitive prices and to thereby remain a significant player in Iraq's telecoms market."
KALIMAT Telecom is the regional leader for fixed wireless telephony solutions and the telecoms provider of choice for all of Iraq's fixed line customers. It offers a scalable and highly advanced personal telecoms platform that can be easily configured to meet the Iraqi consumer's requirements.
"We are delighted to add KALIMAT Telecom to our growing list of influential partners in the Middle East and Iraq," said VoEx Founder, President and Chief Strategy Officer Asaad Yahya Alnajjar. "VoEx's engineering vision and solutions will enable KALIMAT to cost-effectively manage processes for all its fixed line, wireless, VoWLAN and next generation services & inter-carrier partners."
Mr. Alnajjar added, "Over the past four years since early 2003, VoEx International has been very active in the design and implementation of GSM, CDMA and iDen mobile networks in Iraq to support the mobile operators and the Middle East, 3G and UMTS Global upgrades, WCDMA/WLL design and installations, satellite voice and data communications, and WiMax and last mile effective WiFi solutions. In addition, VoEx executives have been extremely involved in the development and growth of wireless products, solutions, connectivity and applications to expedite the deployment of these networks. Our team has presented in many global settings white papers and solutions that helped to achieve our advancements today. Hantel terminals and products will be offered by VoEx in Iraq as part of VoEx cintribution to enhance the quality of life for all the Iraqi people by giving them excellent voice services along with high speed data, internet connectivity and video services to accommodate their every day needs. Our services will for sure expedite the rebuilding of the new Iraq in direct support for the Ministry of Communication and ITPC."
VoEx so far has been leading efforts in many third world countries in engineering support to design, build, operate and then transfer wireless communications centers and wireless networks. For the past four years VoEx has been very active in the design-build of several telecom projects in Iraq and had provided extended services to the many companies working in Iraq.
"This fast deployment of wireless networks will pave the way for our offering of Wireless VoIP (VoWLAN) as an affordable global mobile communications tool," said Mr. Mohamad Shaboot, Chief Commercial Officer of VoEx International (TM). "In addition to our GSM/CDMA and mobile networks design-build projects, we have been working extensively within international forums and organizations to standardize WiMAX and achieve more technology advancement within the entire 802.1xx and 802.Xxx spectrums. It is our intention to deliver all customers with high speed wireless connectivity and break through current limitations. Multiple vendors support fits perfectly within our vision and ongoing effort to provide the most innovative, versatile wireless communications solutions utilizing advanced telecom technologies."
Dr. Alnajjar & VoEx International (TM) Team has been very active in the research and development of wireless communications and information technology over the past ten years. His work has included extensive research in WLL networks, WiMAX development, multilingual Internet and .IQ management, e164/ eNum registries and DNS resolution, IP based products and applications, and the evolution of communications standards and policies.
Last September 2006, among several previous conferences, Mr. Alnajjar chaired and presented in London at the Iraqi Telecom conference VoEx's vision and outlook for Iraq's telecom future and touched on the advanced data capabilities that CDMA & WiMAX will serve the community in a short time.
In conclusion, Dr. Alnajjar stated "We were among the runner ups in the first GSM license bids in 2003 known as 'Zagil' and we are very eager now through Kalimat's National WLL Network to better serve the Iraqi consumer wireless voice and data needs. During the past 3 years the Iraqi consumer did not get the expected wireless services and hopefully VoEx will deliver the best network to be ever built in the region and to expedite the rebuilding of New Iraq."
In addition to VoEx, the list of the allies of KALIMAT TELECOM includes others who are specialized in consultancy, analytical systems, distribution and collection of revenue of communication services from fixed telephone network and the private and public communication networks, and the integrated communication networks and other providers of services from technology companies, and national and governmental authorities and companies.
About VoEx International (TM)
VoEx International LLC (TM) is a leading provider of high-quality wireless communications and technology solutions that enable enterprises and service providers around the world to utilize VoIP, VoWLAN, GSM, CDMA, IDen and additional advanced telecom and wireless technologies for voice, fax, data, video and other value-added IP applications.
By outsourcing international communications services to VoEx, customers are able to obtain lower costs, generate new revenue streams, and extend their business into innovative services quickly, while maintaining service quality comparable to that of traditional voice networks. Since the liberation of Iraq, VoEx International (TM) has played a major role in providing communications channels to the many in Iraq and participated in the ongoing rebuilding effort.
VoEx Wireless (TM) is the mobile division of VoEx International LLC (TM) to serve the expansion and upgrades of Mobile-Data Networks in USA, Europe, the Middle East & Africa and later expanded to include Iraqi mobile market to facilitate Satellite & GSM operations support. Long-distance & Wireless VoIP capability through VoEx termination solutions has in fact enhanced mobile operators business in the Middle East & Europe.
VoEx International LLC (TM) has been very active in the research and development of wireless communications and information technology over the past ten years. Research and work has included extensive research in WLL networks, WiMAX development, multilingual Internet and e164, multilingual eNum registries and DNS resolution, IP based products and applications, and the evolution of communications standards and policies.
http://www.voexwireless.com (TM) http://www.voex.us
Labels: mobile, telecom, telecom-middle-east
Africa becomes a service outsourcing location
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesAfrica becomes a service outsourcing location afrol News, 16 March - More and more Western companies discover Africa as a cheap and reliable location for the outsourcing of their services; typically IT, business processes and call centres. While India and China still are the dominant locations, increasing wage costs are opening up possibilities for African skilled labour.
According to a survey by AT Kearney, seven African countries are amongst the world's most competitive locations for outsourcing company services abroad. These seven countries - Egypt, Mauritius, Tunisia, Ghana, South Africa, Morocco and Senegal...
Read
the full news report from here @ Afrol News
Labels: africa, alternative-destinations, egypt, ghana, mauritius, morocco, senegal, south-africa, tunisia
World Bank Loan Could Deliver Offshoring Boost to Africa
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesWorld Bank Loan Could Deliver Offshoring Boost to AfricaApril 5 by Richard Edwards
When it comes to offshoring, the majority of African countries lag way behind the leaders. The cost benefits of operating out of Africa have not yet been sufficient to convince companies to shift their attention to the Sub –Sahara.
Recent events, however, suggest this situation could be about to change. The World Bank yesterday announced loans totaling £83.3m (€118m) to improve the communications infrastructure in Kenya, Burundi and Madagascar.
Read
more from this post @ European Leaders in Procurement blogLabels: africa, alternative-destinations, costs, problems-africa, trends
Atos Origin Middle East awarded major SAP Oil and Gas project
Atos Origin Middle East awarded major SAP Oil and Gas projectPress releaseBahrain: March 07 - 2007
Al-Khafji Joint Operations, the strategic joint venture between Kuwait Gulf Oil Company and Aramco Gulf Operations Company Limited, have awarded a major SAP Oil and Gas project to Atos Origin Middle East (AOME).
The US 5.275 Million (20 Million SAR) project includes the design, build, training and deployment of a state of the art IS-Oil downstream and extended logistics solution, as well as upgrading their landscape to the latest mySAP ERP software version.
AOME VP ERP Peter Hynes said 'It is very pleasing to be invited back by Al Khafji Joint Operations, (KJO), to deliver this second, mission critical phase of work. We have always enjoyed working with the KJO team, their clear vision and strong management has made them a pleasure to work with. We look forward to being on site with them over the next year to fully realize their SAP investment. In addition, we have now completed our comprehensive mySAP ERP upgrade methodology and toolset and we can fully utilize this for the upgrade to ECC 6.0. - we could not be more pleased and excited about the award!'
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesLabels: erp, logistics, sap, sap-middle-east, sap-oil-gas
Halliburton Outsourcing HQ to Dubai
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categoriesHalliburton Outsourcing HQ to DubaiMonday, March 12, 2007
DUBAI, United Arab Emirates -- Oil services giant Halliburton Co. will soon shift its corporate headquarters from Houston to the Mideast financial powerhouse of Dubai, chief executive Dave Lesar announced Sunday.
Halliburton is opening its corporate headquarters in Dubai while maintaining a corporate office in Houston. The chairman, president and CEO will office from and be based in Dubai to run the company from the UAE.
Read
the full report from here @ News Max
Labels: middle-east, oil-gas, oil-gas-middle-east, oil-gas-usa
Wednesday, April 4, 2007
Finance giants defend offshore outsourcing
Finance giants defend offshore outsourcingThe UK’s financial giants yesterday defended their Indian call centre operations amid fresh concerns from British customers about data security and declining customer service.
An internal report from insurer Norwich Union found shortcomings in its Indian call centres may potentially lead to losses of more than £10million, and fines from the FSA. There was also an alert from consultant AT Kearney that the cost savings of offshore hotspots have “declined almost universally.”
Read the
full news report from here @ Contractor UK
BlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categoriesLabels: banks-uk, call-centres-india, costs, finance, finance-uk, offshore-problems, opposition
U.S. government outsourcing its security & defense?
U.S. government 'outsourcing its brain'March 30, 2007, Raw Story
Due to its increasing practice of contracting out to private firms and agencies, the U.S. government is quickly losing its expertise and competence in vital national security and defense programs, according to a Wall Street Journal report.
The federal government's demand for complex technology has soared, but it doesn't have the expertise or resources to take on new high-tech projects. As a resultthe government is increasingly turning to contractors that operate some of the government's most sensitive and important undertakings, says this post quoting the Wall Street Journal report.
Interesting, especially in these days when the US government appears to think every second guy on earth is a threat to America's security!
Read
the full post at this Raw Story pageBlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categoriesLabels: defense, usa
Outsourcing Love
Outsourcing LoveJust when I thought there were at least a few things in the world that cannot be outsourced, what should I come across but a
blog post at Just Raven titled "Outsourcing Love".
In this interesting post, the author tells us about a matchmaker who is hired by gorgeous & rich guys to find suitable love-mates. And these gorgeous guys pay this lady gorgeous sums of money for her to find the most eligible and suitable mates for the blokes. The lady in the picture appears to think this is a natural thing to do, sort of what a company does when it hires a headhunter when it wishes to find a suitable CEO, but the author does not seem to be in complete agreement.
Interesting post!
BlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categoriesLabels: romance, unique-outsourcing
Trends in IT Outsourcing Prompts New Guidance from The IIA on Considering Risks, Navigating the Process
Trends in IT Outsourcing Prompts New Guidance from The IIA on Considering Risks, Navigating the ProcessNews Release by the IIA - March 27, 2007
"GTAG® 7" delivers straightforward information for non-technical professionals
ALTAMONTE SPRINGS, Fla. - Trends in information technology (IT) outsourcing have prompted The Institute of Internal Auditors (IIA) to focus its seventh Global Technology Audit Guide® (GTAG) on this topic. Written in straightforward business language, GTAG 7 will help C-level executives and boards of directors understand various risks when navigating the complex task of IT outsourcing.
"IT outsourcing has grown in popularity as an efficient and cost-effective way to meet IT management demands such as systems implementation, maintenance, security, and operations," says IIA Manager of Technology Practices Lily Bi. "There are benefits from outsourcing this function, but they come with complexities, risks and challenges. It's important that executive management and boards understand how to conduct a comprehensive review of an organization's outsourced operations, evaluate the risk management process, and comply with applicable laws and regulations. When it comes down to it, those at the top are the ones accountable for ensuring that things are as they should be. Chief audit executives and audit supervisors can use GTAG 7 to help people who have limited technical knowledge to better understand these risks."
GTAG 7 describes some of the most common outsourcing risks and their potential strategic impact on an organization throughout the outsourcing lifecycle. Key issues discussed in this GTAG include: the outsourcing strategy and feasibility; selecting an IT service provider; drafting and managing contractual agreements; ensuring a smooth transition of internal operations to service providers; return on investment; effective frameworks for establishing outsourcing controls; and termination and renegotiation of services. The guidance also stresses the importance of evaluating the service provider's internal controls, and establishing a clear governance structure over the outsourcing activity to ensure accountability and effective project management.
The 30-page document, available in a printed version or for
free download on The IIA's Web site, also reviews recent and expected trends in IT outsourcing.
Application development continues to be one of the most outsourced IT activities, followed by application maintenance and support.
Though mega deals in excess of US $1 billion represent a significant share of the total outsourcing contract value, they are set to decline in the near future and will be replaced by an increase in mid- and large deals in the US $100 million to $999 million range.
Contract term lengths are declining. The average length of an IT outsourcing contract declined from 6.2 years to 5.3 years from 2003 to 2005. The trend is for shorter contracts that enable organizations flexibility and don't lock them in a particular service.
Cost savings continues to be the key driver for IT outsourcing, though outsourcing arrangements that have focused solely on delivering savings have failed to meet client and service provider expectations.
Europe will come close to catching up with the U.S. market share of IT outsourcing. India will continue to be the most preferred destination for IT outsourcing, although China is expected to emerge as a formidable competitor in the near future.
The supplier landscape in the IT outsourcing industry will become more competitive as clients seek greater levels of domain experience in potential service providers.
More companies are relying on pilot projects to ensure a good fit between the client organization and service provider. Often, companies will conduct a proof of concept with various service providers to compare results and choose the best service provider.
Multi-sourcing will be one of the most visible trends, resulting in organizations' need to develop the competencies necessary to manage a multi-service provider environment.
IT service providers will evolve their businesses around distinct models including the "global champion model," offering multiple service lines and solutions to large organizations; the "IT specialist model," focusing on three to four major IT industry or cross-industry services; and the "ADM factory model," positioning themselves as low-cost developers of applications and maintenance services.
GTAG 7, Information Technology Outsourcing, was authored in partnership with Parthasarathy Ramaswamy, Mayurakshi Ray, and Jaideep Ganguli, with PricewaterhouseCoopers in India. The authors also received input, review, and comments from 37 IIA members and various affiliates and chapters, professional organizations, universities, professionals, and practitioners working in a wide range of industries and positions all over the world.
Previous GTAGs have focused on IT controls, change and patch management controls, continuous auditing, management of IT auditing, managing and auditing privacy risks, and managing and auditing IT vulnerabilities. To read GTAG 7, Information Technology Outsourcing, visit http://www.theiia.org/guidance/technology/gtag/.
###
Established in 1941, The Institute of Internal Auditors (IIA) is a global professional association for internal auditors around the world, with headquarters located in Altamonte Springs, Fla., USA. The IIA serves more than 130,000 members from 160 countries by providing professional development, guidance, and certification. The Institute stewards and promulgates The International Standards for the Professional Practice of Internal Auditing and is the profession's global voice, recognized authority, acknowledged leader, chief advocate, and principal educator.
Media Contact: Scott McCallum, Media Relations
Phone: +1-407-937-1247
Fax: +1-407-937-1101
BlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categoriesLabels: analysis, it, it-trends, research
Outsourcing's Future Holds Major Surprises for Global Providers
Outsourcing's Future Holds Major Surprises for Global ProvidersPress release4 Apr 2007
CHICAGO, April 4 -- The ways in which companies evaluate outsourcing performance, the global strategies of outsourcing providers, and even presidential politics will be affected by emerging trends in the outsourcing industry, according to Diamond Management & Technology Consultants, Inc. .
In advance of its annual Global Outsourcing Study, experts in Diamond's Strategic Sourcing Advisory practice offered a forecast of trends that are altering the way corporate clients approach their sourcing decisions and how providers of outsourcing services must adapt to a changing market. Buyers and providers of outsourcing services are invited to participate in Diamond's 2007 Global Outsourcing Study and share their confidential opinions about the current and future state of IT and Business Process outsourcing. The survey is available online at http://www.diamondconsultants.com/.
Buyers trying new ways of improving outsourcing effectiveness
Diamond's 2006 IT Outsourcing Study found that forty-seven percent of buyers had experienced an abnormal contract termination in the past year while only two percent stated that their outsourcing expectations were exceeded.
"Optimizing outsourcing effectiveness is becoming a high priority for C- level executives," said Tom Weakland, who leads Diamond's Strategic Sourcing Advisory practice. "We are going to see companies scramble to find advisors who not only have the skills to review contractual agreements, but who also are willing to provide hands-on management of offshore resources at remote locations, and who can design and track meaningful measures of provider performance."
Weakland points to Cisco's December 2006 appointment of a new executive position, the Chief Globalization Officer, as a sign of things to come as companies dedicate more staff on a full-time basis to lead and manage sourcing and global expansion initiatives.
Charlie Gavin, a Partner in Diamond's Sourcing practice, adds, "Clients are placing more emphasis on improving their day-to-day vendor management capabilities along several dimensions -- knowledge management and market understanding, contract/performance management, and relationship management. Some buyers are even sending employees to their providers' offshore training centers for extended periods of time to establish tighter partnerships and better working relationships."
Buyers will quietly re-insource work
As buyers continue to be disappointed in some of their outsourcing results and re-assess their activities, more companies will quietly bring some outsourced work back in-house even as they continue to invest in other areas on an outsourced basis.
"In some cases, internal IT employees will be asked to shift gears and retake ownership of functions that they previously helped transition to an outsourcer," said Brian Tumpowsky, a senior member of Diamond's Sourcing practice. "We think the trend we've seen in past studies, where companies are outsourcing commodity activities to redirect IT staff toward more strategic work, will continue. But internal IT departments will also be re-tasked with functions that had previously been outsourced. It's a balancing act; companies are trying to calibrate their sourcing portfolios to achieve the optimal mix of resources."
This is by no means the death knell for outsourcing as Diamond sees continued growth for both IT and Business Process outsourcing. Buyers of the future, however, will be more prone to re-insource when their expectations are not consistently met.
Negative publicity about outsourcing will re-emerge with the run up to the 2008 U.S. Presidential election
With Democrats taking majority control in Congress and presidential campaigning well underway, the topic of outsourcing and its impact on U.S. jobs will once again become a significant campaign issue. Offshore outsourcing providers experienced a slow down of growth amongst a wave of backlash in conjunction with the 2004 presidential election, and the potential is there for a similar occurrence in 2007 and 2008. Even though outsourcing has become a mainstream activity and organizations are better prepared to handle employee backlash and public outcry, Diamond believes that many organizations may begin to delay major outsourcing decisions as the election nears.
More buyers will look to outsourcing as a growth play.
The announcement by Wipro and Motorola last summer of a joint venture to host a global network operation center is representative of a movement in the market for buyers and providers to establish what Weakland calls "cooperative captives."
"Look for companies trying to enter India or China to form joint ventures with outsourcing companies. It's a way to leverage established relationships with the government and associate with an established local brand," Weakland said. "These joint ventures can jump-start business efforts and bring tax advantages, and can also accelerate market presence by reducing the navigational hurdles of setting up a business overseas.
They can accelerate a company's efforts on the revenue side in local markets as well. More U.S. and European-based companies recognize the potential of changing consumer demographics among the 1.1 billion citizens in India and 1.3 billion in China. India already hosts a middle-class population of 300-400 million while China's middle class is expected to grow from 130 million to approximately 600 million (twice the size of today's U.S. population) in the next 15 years. And so accordingly U.S. and European firms will craft outsourcing strategies not only to leverage additional capabilities and cost savings, but also to become exposed to these growing markets in terms of knowledge, brand, suppliers, and eventually customers.
Rates will rise as second-tier providers invest in additional global
operations to balance their onshore and offshore presence
As large multinational offshore players battle for global outsourcing supremacy, balancing the need for low-cost operations with customer demands for more high-touch service will alter provider global delivery models and cause them to readjust their rate structures. Second-tier providers will be forced to follow the lead of the larger firms and increase investments to expand their global reach and get closer to their customers. As a result, providers will seek to increase their prices to offset their expansion costs.
"As costs rise, sourcing implementation and management become even more critical, particularly if the goal is cost-savings," said Weakland. "More companies will try to bring structured management discipline to their outsourcing relationships. The risk is they will end up negotiating adversarial relationships and we'll see even more abnormal contract terminations."
China will leverage the 2008 Beijing Olympics to increase its status among
outsourcing destinations
Expecting more than 20,000 journalists, China will take advantage of the 2008 Summer Olympics to promote its position as an outsourcing super-power, highlighting its increased focus on English education, a booming economy, and a growing pool of highly qualified software engineers.
"According to Diamond's annual global IT outsourcing studies, the number of buyers that expect to outsource IT functions to China has soared 48 percent between 2004 and 2006," Weakland said. "The Olympics are the perfect platform for Chinese outsourcers to begin to convert those expectations into real market share, and establish their reputations as capable, high-quality providers."
While China is poised to capture significant mindshare, Diamond believes it will still be several years before the Chinese outsourcing industry captures significant market share.
Greater demands for outsourcing employee security checks
After a multinational bank discovered in 2005 that call center employees at an Indian outsourcing firm had stolen more than $300,000 from its customers' accounts NASSCOM established a National Skills Registry of employees working at Indian outsourcing firms. However, the latest estimates are that only 30 percent of the industry's employees have undergone independent background checks and been added to the database.
"Customers are anxious to verify the qualifications and backgrounds of specific employees," said Gavin. "Outsourcers have done a good job in the areas of physical and information security but this is the year they need to focus on their employee base. We'll see outsourcers carefully screening employees, verifying work histories and backgrounds, and using the issue of employee screening as a competitive edge."
About Diamond
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BlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categoriesLabels: china, trends, trends-2007
Outsourcing Moves Up the Value Chain
Outsourcing Moves Up the Value Chain4 Apr 2007
Recently, auto supplier Delphi announced that it was sending hundreds of corporate accounting jobs to India’s Genpact to consolidate some of its finance workforce in a more lower-cost environment.
A New York Times article notes that the stereotype that outsourcing necessarily involves lower-end “backoffice” jobs is no longer valid
The author of the post says tongue-in-cheek: "I would suggest that law firms representing blue-chip companies (such as those mentioned above) watch this trend closely. When your clients are moving work offshore, they may ask how you are integrating global sourcing into the service mix...The answer “Huh?” may not be a relationship-extending one"...
Read this
full outsourcing analysis article from here @ the Wired GC
BlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categoriesLabels: analysis, auto-components, offshore-trends, trends, value-added-services

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