South Florida Business Daily

Offshoring News

BPO, ITeS industry could grow to $225 billion by 2020 Thursday, July 29, 2010 @ 1:25PMThe time has come for the BPO and ITeS industry to increase its presence in tier-II and tier-III locations as the industry is...
Cap Gemini Rises on Higher Operating Margin Forecast Thursday, July 29, 2010 @ 12:05PMCap Gemini SA advanced the most since May 10 in Paris trading after increasing its profitability forecast and reporting higher first-half profit.
Is America ready for NBC's Outsourced ? Thursday, July 29, 2010 @ 8:25AMComputerworld - NBC's fall season television lineup includes a new show called Outsourced , with a plot line aimed at the heart of workplace angst, the offshoring of jobs.
Cap Gemini Rises Most in Almost Year on Higher Margin Forecast Thursday, July 29, 2010 @ 5:20AMCap Gemini SA advanced the most in more in almost a year in Paris trading after increasing its profitability forecast and reporting higher first-half profit.
Government considers scrapping parity rule for IT outsourcers Thursday, July 29, 2010 @ 2:33AMThe government is considering scrapping a rule that guarantees workers atoutsourcing firms similar working conditions to their equivalent co-workers inthe public sector.
Government considers scrapping parity rule for IT outsourcers Thursday, July 29, 2010 @ 2:24AMDawinderpal Sahota, Computing , Thursday 29 July 2010 at 10:17:00 While Cameron reassures Indian outsourcers that the UK is open to offshoring The government is considering scrapping a rule that guarantees workers at outsourcing firms similar working conditions to their equivalent co-workers in the public sector. It may abolish an informal code that offers private sector workers on public sector ...
Wipro Profit Beats Estimates on Outsourcing Demand Thursday, July 22, 2010 @ 10:01PMWipro Ltd. posted a 31 percent jump in profit that topped analysts’ estimates as demand for computer services from India’s third-largest software exporter increased.
Study: 3,000 service jobs in Franklin County could go offshore Thursday, July 22, 2010 @ 9:15PMMore than 3,000 jobs in Franklin County are considered highly susceptible to being moved overseas, according to a new study by Penn State University researchers.
Wipro Profit Beats Estimates on Outsourcing Demand Thursday, July 22, 2010 @ 9:01PMWipro Ltd., India’s third-largest software exporter, reported first-quarter profit climbed 31 percent, beating analysts’ estimates as demand for computer services increased.
Ian Fletcher: The Death of the Postindustrial Dream Thursday, July 22, 2010 @ 1:27PMRemember postindustrialism? Not long ago, this catchphrase was supposed to define America's future: no more grubby hard industries, just a clean bright world of services...
Filipino Call Centers in ILO Sights Thursday, July 22, 2010 @ 5:27AMInternational labor group calls for better work conditions, standards
Outsourcing: global control Wednesday, July 21, 2010 @ 4:31PMIt’s no secret that the trend of organisations moving key business processes offshore is set to continue, with over a third of CEOs in a recent PwC survey planning to outsource part of their business during the coming year.
Everest: Outsourced benefits administration services market to grow 12-18 percent Wednesday, July 21, 2010 @ 8:20AMDALLAS----Remaining relatively stable during the recessionary economy, the Benefits Administration Outsourcing market is projected to see deal signings grow 12-18 percent this year, according to Everest, a global consulting and research firm.
BPOs urged to lessen work-related stress to stop high attrition rate Wednesday, July 21, 2010 @ 8:05AMBusiness process outsourcing (BPO) businesses in the Philippines should implement policies that promote more flexible decision making opportunities for its employees to lessen work-related stress that contribute to the high attrition rate in the industry, the International Labor Organization (ILO) said.
Grauniad faces offshoring strike Wednesday, July 21, 2010 @ 4:08AMFather of the chapel's on Facebook and everything Guardian Media Group* Guardian News & Media is facing strike action from techies and possibly journalists if it pushes ahead with plans to start outsourcing technical staff.…
Offshoring May Have Extended the Recession Tuesday, July 20, 2010 @ 10:12PMCompanies with far-flung supply chains tended to react slower to the global recession.
Grey beards seize power at Big Blue Tuesday, July 20, 2010 @ 8:38AMSoftware and systems get merged In the wake of reporting IBM's second quarter financial results yesterday afternoon, Sam Palmisano, the company's president, chief executive officer, and chairman sent an email to all the employees saying that Big Blue was reorganizing its operations to better reflect the modern IT world.…
TPI Index: Global Outsourcing Market Not Yet Bouncing Back Tuesday, July 20, 2010 @ 8:36AMTPI, the largest sourcing data and advisory firm in the world and a unit of Information Services Group, Inc. , an industry-leading information-based services company, released data today showing that the global outsourcing market is not yet bouncing back as economic uncertainty continues to weigh on corporations around the world.
New TPI Research Report Shows Nearly Four out of Five Clients Have Had Internal Discussions About Cloud Computing Tuesday, July 20, 2010 @ 6:12AMTPI, the largest sourcing data and advisory firm in the world and a unit of Information Services Group, Inc. , an industry leading information-based services company, today released a new TPI Research report into corporate IT decision-makers' plans for Cloud Computing in the immediate future. Â Among the findings, 78 percent of clients indicated they have had internal discussions about Cloud ...
Head of Phoenixville business group resigns Tuesday, July 20, 2010 @ 5:45AMJane Tucker has resigned as president from the Phoenixville Area Business Association, effective immediately, in order to spend more time working on her doctorate.
Disabled Americans Lead Charge to Bring Outsourced Contact Centers, and Jobs, Back to U.S. Tuesday, July 20, 2010 @ 12:01AMReversing the trend of “offshoring” their contact centers to countries like India and the Philippines, many American companies—AT&T, Dell, Priceline.com, Expedia, HP, and Monster.com—are bringing their contact centers back to the United States, in a process inevitably tagged “onshoring.”
Here Comes The Imminent Flight of U.S. Capital Monday, July 19, 2010 @ 1:33PMThe productive elements of the US economy are caught between powerful financial interests, e.g., banks seeking speculative gains, political constituencies seeking entitlements and government entities at all levels whose budgets and deficits are too large compared to their revenues.
Property and Liberty Monday, July 19, 2010 @ 12:44PMIn terms of both economics and political philosophy, there are links between rent seeking where government is involved, the fundamental relation of individual citizens to the institution of the state, and macroeconomic developments in the US particularly since 1971. These links became increasingly clear since the start of the global financial crisis that began in 2008.
Offshore R&D spending grows, recession or not Monday, July 19, 2010 @ 12:40PMComputerworld - Engineering research and development spending increased overall during the recession, but more of this spending is now moving offshore, according to a new study.
Cost control is in bringing offshore contracts back in-house Monday, July 19, 2010 @ 8:24AMRepatriating roles that had previously been moved offshore - or back-shoring as it has become known - is receiving increased coverage, both in the popular press and business journals. But such stories need to be put in context. Studies suggest that for every £10 of work offshored, only £1 is back-shored. And despite savings often not being as large as initially predicted, the economics remain ...
Can you maintain virtue in vice stocks? Monday, July 19, 2010 @ 3:11AMWhen a company's fundamental business carries moral questions, it creates more questions and complications for investors
NTC approves Globe Telecom's $40-M project Monday, July 19, 2010 @ 1:47AMMANILA, Philippines - Globe Telecom Inc., the country's second largest telecommunicationas company, said regulators have approved its petition to operate its $40-million cable landing station in Cagayan province.
The demonization of ‘rationing’ Monday, July 19, 2010 @ 1:18AMI did a lot of driving around Wisconsin this week and used the time to listen to a lot more radio stations than I would otherwise. Among other stations I listened to NPR, Christian radio, an African American-themed talk show, and right wing and left-wing talk. I find each of those genres mildly annoying to [...]
read more Sunday, July 18, 2010 @ 12:34PMA team of four first-year MBA students from the Massachusetts Institute of Technology (MIT) Sloan School of Management has captured the $10,000 grand prize in an international business case competition, sponsored by global management consulting firm A T Kearney.
International Forecaster July 2010 (#5) - Gold, Silver, Economy + More Saturday, July 17, 2010 @ 10:15AMThe following are some snippets from the most recent issue of the International Forecaster. For the full 37 page issue, please see subscription information below.
International Forecaster July 2010 (#2) - Gold, Silver, Economy + More Wednesday, July 7, 2010 @ 7:14AMThe following are some snippets from the most recent issue of the International Forecaster. For the full 41 page issue, please see subscription information below.
European Market Gets Worse for Indian Outsourcers Wednesday, July 7, 2010 @ 1:21AMIndian outsourcers may shift focus away from Europe as the market there gets more difficult; say analysts European Union - Government - Business and Economy - Outsourcing - Financial services
European market gets worse for Indian outsourcers Wednesday, July 7, 2010 @ 1:14AMEurope has always been a difficult market for Indian outsourcers, because some of the countries on the continent have been slow to adopt offshore outsourcing. The market has however worsened this year for the Indians because of a weak euro and tighter IT budgets in Europe, according to Forrester Research.
IT cos feel heat of euro zone crisis, volatile currency Tuesday, July 6, 2010 @ 2:38PMIndian IT services and offshoring firms witnessed opening up of the European market in 2009. However, this year is going to be tough for them as the recent developments in the European economy, coupled with the highly volatile euro...
Stewart Acuff: Corporate America Offshoring more Jobs in Economic Crisis Tuesday, July 6, 2010 @ 11:14AMJust a week ago I had the honor of being in Mt. Vernon, Indiana for a major protest against the closing of a large Whirlpool...
Secondary Sources: Cash Hoarding, Jobs Machine, Fiscal Misunderstanding Tuesday, July 6, 2010 @ 8:51AMA roundup of economic news from around the Web.
How to Make Service Sector Jobs Better Tuesday, July 6, 2010 @ 1:57AMThe Financial Times had a forward-thinking comment by Richard Florida, director of the Martin Prosperity Institute at the University of Toronto’s Rotman School of Management. It argues that investment in technology and better management can turn many now low end service sector jobs into better paid and higher quality work. One key aspect, which the [...]
Law firms expand despite downturn Sunday, July 4, 2010 @ 9:00PMWashington-based Arent Fox, which like many law firms has been exploring how it can reshuffle practice areas and restructure in light of the economic downturn, is launching an insurance and reinsurance unit in New York. Law - Services - Law Practice Support - Employment - Marketing
Time is running out for creating US jobs Sunday, July 4, 2010 @ 3:53PMUS companies need to develop onshore employment strategies that are as good as their offshore ones, says former Intel CEO Grove.
Goldman Sachs to advise on possible Yellow Pages sale Thursday, July 1, 2010 @ 9:27PMYellow Pages Group (YPG), in conjunction with its banking syndicate, has commenced a review process to assess a possible sale. YPG has appointed Goldman Sachs JBWere to assist it in this process. Telecom sold off its directories business including Yellow Pages in 2007 for $2.2 billion to CCMP (now Unitas Capital) and the Ontario Teachers Plan. Unitas and Teachers funded the purchase with $1 ...
Ron Alsop Joins Workforce Management Monday, June 14, 2010 @ 8:47AMAuthor/lecturer and former editor/columnist at the Wall Street Journal to head editorial operations for leading business publication in workforce management/human resources read more
Ron Alsop Joins Workforce Management Monday, June 14, 2010 @ 8:34AMWorkforce Management, the leading business publication for workforce management and human resources professionals, announced it has hired Ron Alsop as editor.
Anchor Land tops off condo project in Bay City Monday, June 14, 2010 @ 7:15AMAnchor Land Holdings, Inc. said it has topped off its project SoleMare Parksuites putting it on track to become the first fully operational residential condominium in the prime Bay City area between the SM Mall of Asia and the planned Pagcor Entertainment City.
Duke Awarded Grant for International Business Research Friday, June 11, 2010 @ 11:45AMDuke will use part of the grant to fund the InterCultural Edge, a research program studying and promoting effective cross-cultural communications.
Will health care reform law help or hurt Maryland's small businesses? Friday, June 11, 2010 @ 1:49AMWill health care reform law help or hurt Maryland's small businesses?
In China, US producer haven, rumbles of trouble Thursday, June 10, 2010 @ 10:59PMIn China, US producer haven, rumbles of troubleIn China, US producer haven, rumbles of trouble
Trust Me, I'm A Professional Monday, June 7, 2010 @ 3:08AMInformation technology is about to have a radical effect on health care.
Egypt Strengthens Reputation as a Leading Outsourcing Destination Monday, June 7, 2010 @ 1:57AMAUSTIN, Texas, June 6, 2010 /PRNewswire/ -- ITIDA ITIDA , Egypt's Information Technology Industry Development Agency Information Technology Industry Development Agency , will be showcasing Egypt's global outsourcing capabilities and offerings at the 4th Annual Shared Services Exchange from June 6-8, 2010 in Austin, Texas.
Institutional investors to spur markets: report Sunday, June 6, 2010 @ 11:42PMInstitutional investors in the GCC, both foreign and homegrown, look poised to play an increasingly greater role in the region's stock markets, according to a new report, which says this is expected to bring down the prevailing high volatility in the regional bourses.
Special Reports Sunday, June 6, 2010 @ 9:53PMInterview with Dr. Paul Craig Roberts, former Assistant Secretary US Treasury; Associate Editor, Wall Street Journal; Professor of Political Economy Center for Strategic and International Studies Georgetown University Washington, DC.