Category Archives: industry news
The 7 Myths of Offshore IT Outsourcing
Myth 1: Offshore outsourcing is costing U.S. jobs. Myth 2: There’s a stigma to offshore outsourcing. Myth 3: The cost benefits of outsourcing are overstated. Myth 4: It’s a buyer’s market for IT workers right now anyway. Myth 5: There … Continue reading
The Seven Deadly Sins of Outsourcing
Outsourcing is a source of stress, struggle and angst for many IT managers, and no wonder: More than half of outsourcing agreements end up prematurely terminated, according to a study released last year by DiamondCluster International Inc., a Chicago-based consulting … Continue reading
Yahoo buys stake in Indian online ad company
San Francisco (IDGNS) – Yahoo has acquired a stake in Indian Internet advertising company Tyroo Media to help it capture more of the country’s fast-growing online ad market. if(window.yzq_d==null)window.yzq_d=new Object(); window.yzq_d['U7dDeULEYrc-']=’&U=13bohtlg3%2fN%3dU7dDeULEYrc-%2fC%3d601193.10878593.11687621.1442997%2fD%3dLREC%2fB%3d4761207′; Yahoo acquired between 35 percent and 50 percent of Tyroo … Continue reading
Google rolls out paid storage services
NEW YORK – Web search and Internet services company Google Inc. on Friday began selling expanded online storage, aimed at users with large picture, music or video file collections. The annual prices established were $20 for 6 gigabytes of online … Continue reading
The $600 million acquisition of Infocrossing is expected to bolster Wipro’s IT services, including hardware design and business process outsourcing.
Wipro, which announced this week it was acquiring U.S. based infrastructure management services provider Infocrossing for $600 million, has plans to open several software development and IT services facilities in the U.S.In addition to a software development center that Wipro … Continue reading
Sierra Atlantic Joins IT Outsourcing Race To China
Sierra Atlantic is the latest IT offshore outsourcing company to make a move on China. It announced Wednesday its acquisition of ArrAy Inc., a Boston-based software engineering services firm with 200 employees in Guangzhou and Shanghai. “China is a huge … Continue reading
Equity Firm Pours $48 Million Into Chinese IT Outsourcing Company
One of the world’s largest technology investment firms announced today that it will sink $48 million in private equity into DarwinSuzsoft, a Chinese company that specializes in IT outsourcing.The deal by Francisco Partners, which has $5 billion in capital, demonstrates … Continue reading
U.S. Firm Alleges Infosys is holding its data hostage offshore
A provider of spend management services says one of India’s largest outsourcers is holding its data hostage at an offshore location and is refusing to return the information unless legal claims against it are dropped.New York City-based The Buying Triangle … Continue reading
Hewlett-Packard buying Opsware for $1.6 billion
Today’s news of Hewlett-Packard buying Opsware for $1.6 billion cash shows how a lot of companies will look to automation to cut IT people, regardless of where in the world they work. Opsware helps companies automate tasks in large-scale data … Continue reading
Microsoft plans to open a development center in Vancouver and fill it up with people from India and China
Microsoft for years has sought an end to limits on the number of visas granted to foreign high-tech workers. But the demise of the immigration reform bill appears to have the company taking a different tack: It now wants to … Continue reading