Archive for November, 2011

Etihad Signs Accounting Outsourcing Deal With Kale

November 28th, 2011

Etihad Airways, the national carrier of the United Arab Emirates, today announced it would outsource the accounting of passenger and cargo revenues to aviation accountancy specialist Kale Consultants Ltd. from April, 2012.

James Rigney, Etihad Airways’ Chief Financial Officer, said: “Revenue accounting plays a critical role in our fast paced growth and we want to align our process to industry leading practices and quality. We have chosen Kale because of its strategic focus, leading edge technology and expertise in revenue accounting.”

Vipul Jain, Kale Consultants CEO and Managing Director, said: “We are delighted to have Etihad as our customer. We are confident of delivering strategic value to support Etihad’s fast paced and dynamic growth.”

Kale Consultants Ltd. employs more than 1,500 people and has more than 100 aviation industry clients in over 30 countries. For more information, please visit: www.kaleconsultants.com

Etihad Airways began operations in 2003, and in 2010 carried more than seven million passengers. From its hub at Abu Dhabi International Airport, Etihad serves 86 cities in the Middle East, Africa, Europe, Asia, Australia and North America, with a fleet of 61 Airbus and Boeing aircraft.

Source:http://www.abudhabicityguide.com/news/news-details.asp?newsid=8607&newstype=Local%20News

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Shared Services and Outsourcing Week India 2011 Announces I6 Visionaries

November 28th, 2011

The Shared Services and Outsourcing Network (SSON), the largest and most established community of shared services and outsourcing professionals, today announced the results of its India community’s selection of the India 6 (I6). This group of industry leaders will feature at SSON’s upcoming Shared Services and Outsourcing Week India 2011 conference, which will be held 5-8 December, 2011 at the Leela Palace Kempinski, Bangalore, India.

The panel, moderated by recognised shared services and outsourcing leader Rakesh Sangani, Proservartner will feature the viewpoints of several of the industry’s top sell-side authorities:

– Arnab Chakraborty, Director — Global Analytics, Hewlett Packard

– Manish Dugar, Senior Vice President & Global Head, Wipro BPO

– Milind Godbole, President — Asia Pacific, Aditya Birla Minacs

– Sakuntala Rao, Director, IBM

– Sriram V, Vice President & Head of Global Business Services India, Hewlett Packard

– Swaminathan, CEO, Infosys BPO Ltd

Emma Beaumont, SSON’s Global Director of Events sums up the importance of this new focused I6 panel within the region: “SSON felt compelled to react to the overwhelming increase in enquiries seen from our Indian market members, regarding interest in BPO over the last twelve months. Launching a regionalised version of the Global Sourcing Think Tank (G6) to specifically tackle the local nuances of the BPO related activity in the Indian-speaking market was a very natural decision for us, and a clear indicator that some Indian organisations are now beginning to reassess their approach to traditional Shared Services modelling. We’re definitely seeing more Indian businesses considering outsourcing and hybrid activity a potential solution for delivering the next wave of value, whilst some captives remain strongly sceptical on the cultural fit between BPO with this market. We anticipate there will be some tough questions posed to those thought leaders voted into the spotlight to answer them.”

Sriram V, Vice President & Head of Global Business Services India for Hewlett Packard remarked,”6 industry leaders getting together on a platform to exchange their individual experiences, learning and thoughts, will bring the best for the industry out of such constructive dialogue. This will go a long way in formulating common understanding amongst industry leaders to drive next generation excellence in customer services.”

“Enterprises today are looking for Next Generation solutions and strategies that ensure sustainable business acceleration in uncertain times that have become the New Normal. A forum like the India 6 (I6) presents a great opportunity for industry thought leaders to put their collective experience & knowledge in creating a long term vision and strategy for catalysing industry growth,” says Milind Godbole, President — Asia Pacific, Aditya Birla Minacs.

“The first I6 panel for India is a very unique session that will throw light on pertinent issues at a global level as well as touch upon the domestic nuances that are relevant for an emerging market like India.” Comments Arnab Chakraborty, Director — Global Analytics, HP. “India’s importance in the world economy and the role it plays in the global talent landscape will make this session very interesting and relevant for the audience. I look forward to the exchange of ideas with my industry colleagues in the I6 panel that will bring in divergent perspectives to frame a common industry point of view around future trends, challenges and associated opportunities facing the shared services and outsourcing industry.”

Source:http://www.moneylife.in/prnews/shared-services-and-outsourcing-week-india-2011-announces-i6-visionaries/201111272010PR_NEWS_ASPR__EN_4aea47a533c50e210133e7b6af4702ea.html

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‘BPOs offer exciting careers’

November 28th, 2011

The IT industry body Nasscom has recently introduced a detailed career guide for the BPO (business process outsourcing) industry to tell young job aspirants that the BPO jobs are exciting and they offer good career options.

Being IT enabled, most work can now be done from any location allowing businesses to access right skills at the right costs globally.

The guide, titled ‘Building a Career in the BPO Industry’ focuses on the opportunities the sector provides to aspirants and how they can consider it as serious career option. “Career growth in the BPO industry is based on meritocracy, i.e. on your performance.
Promotions, enhancement of skills (leadership and domain) and a plethora of opportunities are available to you if you choose to be a part of this industry,” said Nasscom President Som Mittal in his foreword.

Stressing on how the industry has helped create employment opportunities, the guide informs that in 2009, the industry employed about a million people, approximately 60 per cent from Tier 2 and Tier 3 cities, 45 per cent were women and 70 per cent less than 30-year olds.

Dispelling myths

Nasscom hopes to drive away popular myths prevalent in the sector regarding the impact of a BPO job on health and social life and also security issues for workers. It is totally incorrect to say that BPO employees face health issues associated with work shift, like sleep disorders, eyesight problems, depression and weight-related concerns, it said.
“The work hours will vary according to which part of the business you are in and the location of your client,” it said.

The guide explains that outsourcing services of the BPOs are generally used by three types of companies. Multinational BPO, which is international corporation which delivers services to and from more than one country. Captive Units are MNC-owned units that undertake work for their global operations & organisation and Integrated Organisations is an MNC working in BPO, IT & Software Services, Engineering, Product and Platform and Consulting.

The guide also tells that in the last 10 years, many young people in India have built great careers in the BPO industry soon after completing college. A candidate go through an intensive training process, is measured on the deliverables and is rewarded on the basis of performance. Salary raises, promotions and incentives are directly linked to performance, the guide adds.

Pointing out the growth opportunities in the sector, Nasscom mentions that the sector employed 1,55,000 employees in 2002 which has now leaped to 9,85,000 employees in 2010. The revenues of the industry stood at $13.6 billion in 2008-09, however, the BPO industry will nearly be worth $65 billion in 2020, estimated Nasscom.

Source:http://www.deccanherald.com/content/207381/bpos-offer-exciting-careers.html

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IT firms are hiring

November 28th, 2011

The UAE’s technology sector is showing signs of recovery, with several large technology companies looking to recruit new staff and increase their workforces, according to HR solutions provider Dulsco.

The company said that several leading IT companies in the UAE have increased their headcount by at least 18% over the past two months, when compared to the same period in 2010.

The findings are base on Dulsco’s research among its technology clients operating in the region.

“Information technology has several specialist segments and many IT companies relocating to the UAE face the challenge of finding the right talent to manage these activities,” says S Balakumar, director, Dulsco HR Solutions. “We are witnessing a slow but definite turnaround in an industry that has bounced back after weathering the global downturn.”

Balakumar also attributed the increase in the demand for skilled professional to the rapid emergence of new IT-related businesses such as social media, online advertising and marketing, search engine optimisation and solutions development.

Prabhu Dharmarajan, senior manager for Dulsco Human Resource Outsourcing said that it is not just the large IT firms that are recruiting, but small and medium IT companies are hiring as well.

Small and medium IT companies are predominantly looking to hire staff for entry and mid level positions.

“Though the demand for skilled manpower has increased, IT companies are still hiring cautiously and are looking for cost-efficient solutions,” said Dharmarajan. “Most new IT companies prefer to outsource their manpower requirements to specialist recruiting companies so that they can focus on their core business activities, bring about an increasing demand for temporary manpower.”

Source:http://www.itp.net/587145-it-firms-are-hiring

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IT services the end of multi-sourcing is nigh

November 28th, 2011

Multi-sourcing is dead; long live the trusted advisor. As contracts reduce in size, power is being redistributed to the key players in many outsourcing engagements, according to Ovum.

In the new report*, the independent IT and telecoms analyst firm finds that on the back of an ever reducing number of megadeals the average contract value has fallen to USD$65m in the first nine months of 2011.

Jens Butler, Principal Analyst of Ovum and author of the report commented: “The mix of major providers in outsourcing contracts has shifted from the much-heralded multi-sourcing approach to a more contained portfolio of suppliers and services in recent contracts.”

The report uncovered the increasing prevalence of single “capstone’ vendors “controlling” larger proportions of contracts. On average 60 per cent of total contract values (TCV) are being allocated to a single, lead supplier across multiple supplier deals signed since 2009 highlighting the fact that consolidation of control and governance is shifting to a single, trusted supplier model.

“The more mature markets are moving towards consistency in contract size and length, enabling suppliers the ability to plan and think strategically and develop value that can be delivered through the lifecycle of the contract”, said Butler.

The report notes that in the emerging markets, cost management and control are less of a core factor in decision making and there is a tendency to leverage IT to support business growth and expansion. As such, the key driver for enterprises when investing in IT is speed of delivery.

Butler recommended that enterprises need to be prepared to engage with multiple suppliers, offer a big enough carrot of additional services and to be prepared offer more applications into the mix in the emerging markets.

Source:http://www.voxy.co.nz/business/it-services-end-multi-sourcing-nigh/5/109003

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India’s BPO biz supremacy not fading away

November 25th, 2011

Business process outsourcing firm Convergys, which has completed 10 years in India, is one of the few standalone outsourcing firms not to be acquired by a technology company . From the heady days of the BPO boom in 2001 to an uncertain economic climate today – not to speak of Occupy Wall Street protests — the firm has seen it all.

Convergys’ Christine Timmins Barry, senior vice-president, customer management and Marife Zamora, senior vice-president and MD for Asia-Pacific , Europe Middle East and Asia , gave a lowdown on the impact of slowdown on outsourcing decisions and the new trend of social network monitoring at BPOs . Excerpts from an interview with Harsimran Julka:

On the new trend of analysing Tweets and Facebook posts by Indian BPO agents….

It’s the latest growth line . It’s a unique product line over and above the conventional offerings we offer in the financial , retail , telecom and tech space . We have a technology platform with built-in decision tools . For example , a well-known blogger is posting something offbeat , the tools direct an agent to monitor and act . It offers an automated manual, of what to do in certain scenarios when there is a deluge of blogs , tweets or comments being posted on a certain issue about a client . It’s a unique selling proposition we are offering .

On the impact of Occupy Wall Street protests and high US unemployment on clients’ outsourcing decisions….

We are not shipping existing jobs to India. If there is an expansion , then jobs go offshore . Most of our clients in the US already have global operations . Also , the jobs debate largely takes place during the election cycle in the US. Frankly, we don’t know what exactly the Wall Street protestors want. But am sure they are not protesting against increased business to India or other geographies where clients exist. Clients now want to have a balanced footprint and not concentrated in the US only . Protests such as these are not impacting business decisions , till now .

On the last 10 years in India and competition with Philippine’s BPO industry….

The last 10 years in India have been outstanding. We have about 10 ,000 people in India across three centers – Delhi , Pune and Bangalore. We are hiring 1,000 more this year . At Convergys, we are always focused on not putting our eggs in one basket.

That’s the rationale behind setting up centres in the Philippines. But , India has a scale advantage and Indians are more experienced and proficient in tech-related issues – something that’s not there in other geographies.

On the change in clients’ buying behaviour in a recessionary market and the future of India’s BPO industry….

Earlier, clients’ buying decisions were based on cost. Now with wages increasing in India and salaries falling in the US, gap has reduced and the customer is less focused on cost . He is more focused on quality. And the quality delivered out of India centres is more often than not better than what we get from other centres. Surely, Philppines might better India in voice but the quality India offers in web support and highend analytics is unparalled. We don’t see India’s supremacy in BPO business fading away anytime soon .

Source:http://timesofindia.indiatimes.com/tech/enterprise-it/strategy/Convergys-Indias-BPO-biz-supremacy-not-fading-away/articleshow/10854114.cms

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Latin American IT Infrastructure Outsourcing Services Markets – Colombia, Mexico, Venezuela

November 25th, 2011

Reportlinker.com announces that a new market research report is available in its catalogue:

Latin American IT Infrastructure Outsourcing Services Markets – Colombia, Mexico, Venezuela

Even though the worldwide economic crisis has negatively affected the Latin American IT infrastructure outsourcing markets, the region is likely to experience growth rates higher than more mature regions such as the United States or Western Europe. Hence, many global vendors are investing strongly in the region and competing with local and regional market participants. Considering the three countries covered in this report, the infrastructure outsourcing services markets reached a total of $683.8 million in 2010. Storage and disaster recovery services are the segments expected to present the highest growth rates in the short and medium term.

Source:http://www.marketwatch.com/story/latin-american-it-infrastructure-outsourcing-services-markets-colombia-mexico-venezuela-2011-11-24

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