News

Surveys says Pune has the best coders in India

A recent survey by Techgig.com, Pune has the best coders in the country, followed by Bangalore, Mumbai, Hyderabad/Secunderabad and Delhi/NCR (National Capital Region). Techgig has not offered too many details about the survey apart from listin...

TCS set to increase Brazil revenues

Tata Consultancy Services (TCS) is looking to raise Brazil's revenue contribution from the current 20% of the group's total Latin American revenues to almost a third by 2016, according to a company statement. In parallel, the company aims to e...

Nigeria sets ambitious target

The President of the Institute of Software Practitioners of Nigeria (ISPON), Mr. Chris Uwaje, says Nigeria can generate “over US$100 billion” if the enormous potentials of software outsourcing are fully tapped and harnessed. Uwaje disclose...

Accenture takes over PRION Group

Accenture announced in early August, 2013 its intent to acquire PRION Group – a consulting and systems integrator that specialises in Siemens Product Lifecycle Management (PLM) Software. The acquisition will strengthen Accenture's PLM skills...

India Outsourcing Under Scanner After ATM Heist

Outsourcing of jobs by global financial institutions to Indian shores has come under the scanner, with the perpetrators of a US$45 million worldwide ATM heist apparently breaching the computer systems of a payment processing firm in India for thei...

Investors Cheer Return Of Retired Infosys Founder

NR Narayana Murthy’s return to Infosys as executive chairman has got the street all excited. The Infosys stock jumped as much as 9% in opening trade on June 3 as investors bet that Murthy – the main architect of the company’s success and...

U.S.A. Seeking To Buck The Trends Of Global Trade By Manufacturing At Home

Six dollars. That’s how much more an American consumer would have to pay for the typical T-shirt made in the U.S. rather than in a potentially unsafe factory in a poor, faraway country. So reckons Eric Henry, chief executive officer of a Nor...

China Factory Activity Contracts In May

Fears of a slowdown in global growth were reinforced Thursday as a preliminary report on China's manufacturing in May showed activity contracted for the first time in seven months. Global bank HSBC said its "flash" index of purchasing managers...

Bacolod Joins Philippine List Of Top BPO Hubs

The regional Philippine city of Bacolod in Negros Occidental province has been formally identified as one of the country’s newest BPO hubs. The Philippine Department of Science and Technology formally identified Bacolod as a Centre of Exce...

Ignite The “Social” In Social Media

A recent report from Forrester Research (FORR) found that a third of U.S. marketers surveyed were dissatisfied with their social marketing results. Meanwhile, only 38 percent of those surveyed targeted their fans on social networks, and just 38 pe...

Harness These Tools To Build The Right Kind Of Communities For Your Company - 5 Ways Leaders Empower The Social Enterprise

We all saw the power of social and community last week in Oklahoma. People came together and the result was something unified and powerful and greater than the sum of  its parts. I’m always inspired when I see the dynamic things a...

JPMorgan Chase Transfers More Work To Manila



The largest US-based financial holding firm by assets, JPMorgan Chase & Co, is to move more of its support operations to the global in-house centre (GIC) in Manila to reduce costs. The centre provides strategic support, including voice-bas...

MSC Malaysia Score+ Acceleration Programme Set In Motion

The objective of Malaysia’s National Key Economic Areas (NKEA) – Business Services, Entry Point Projects 2 (EPP2) managed by PEMANDU is to build globally competitive outsourcers in Malaysia to help grow the industry revenue by an additional RM...

Philippines Industry To Touch US$16b In 2013

Posting strong revenue growth in 2012, the Philippine information technology and business process management (IT-BPM) and global in-house centre (GIC) industry is expected to generate US$16 billion in revenues by the end of this year, philstar.com...

National Australia Bank pledges To Cut A$800m Costs

NAB chief executive Cameron Clyne has pledged to cut costs by A$800 million (US$835m) a year by encouraging customers to do more ”self service” banking, as he seeks to ditch its reputation as the weakest of the big four Australian banks, the S...

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