Posts Tagged ‘Computer’

Patni Computer Net Falls 20.4%

April 27th, 2011

Patni Computer Systems Ltd. Wednesday reported a 20.4% fall in its first-quarter net profit, as a rise in costs outweighed revenue growth.

For the three months through March, the outsourcing company reported a net profit of $26.5 million, compared with $33.3 million a year earlier.

Revenue rose 10.4% to $190.3 million from $172.3 million a year earlier, the company said in a stock exchange statement.

Patni’s cost of revenue rose 19.8% from a year earlier to $127.3 million from $106.3 million.

Tax expenses climbed to $10.3 million from $7.3 million.

Source:http://online.wsj.com/article/SB10001424052748703778104576288122495312468.html

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‘Very few’ IT employers hiring to fill skills gaps

February 4th, 2011

Training day, not hiring day, is the focus of IT departments planning to fill internal skills gaps in the next few months, depriving IT temps of a normally reliable way to cash in.

Despite concerns about their value, an internal IT training scheme is the priority for 70% of IT leaders tasked with boosting the technical abilities of their on-site IT team.

Speaking to pollsters for computer jobs agency Modis, half the IT leaders said their techies weren’t adept on systems already in place to effectively support the outfit’s wider objectives.

And upgrading the organisation’s hardware won’t help, a third of the leaders suggested, as the existing IT team wouldn’t “have the right expertise to cope with new systems at all.”

But rather than hiring, IT leaders say they will plug the skills gap by training existing staff already on the payroll, implying IT departments “lack the resources to invest in new talent.”

“Under greater pressure to make technology deliver commercial objectives,” Modis added, IT leaders “don’t have the tools and in some cases the teams to do all aspects of the job.”

Managing director Jim Albert sympathised, saying commercial demands on IT personnel were often “highly complex”, requiring specific knowledge of statistics and data management systems.

Still, just 15 per cent of the IT leaders are considering outsourcing their IT needs as a result, and only a “very few” said they would respond to the knowledge gap by hiring new IT workers.

One obvious exception is Google, which last week said 2011 will be its “biggest hiring year” so far, indicating that the search giant will take on at least 6,200 workers over the next 10 months.

Source:http://www.contractoruk.com/news/005226.html

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Outsourcing destinations on the horizon

October 25th, 2010

Speaking at the recent MENA ICT Summit in Amman, Jordan in early October, it was heart warming to witness the rapt attention with which the government, the fledgling IT and business process industry and even members of Royalty listened to the story of cities like Pune and the paths they have chosen to build a revenue of over $6 billion in exports from humble beginnings of a few hundred million dollars at the turn of the millennium.

The focus on high quality education and industry oriented skills development, the development of a domestic industry with both government and private sector embracing contemporary IT solutions for improving factor productivity and the ability to promote the destination to global and local industry leaders—all this and more will probably be absorbed and implemented by Amman and Irbit in Jordan and indeed in over a hundred Bangalore wannabe cities all over the world in the near term to emerge as competitors for Indian prowess!

That does of course beg the question—is it competition or collaboration? With the threat of protectionism looming large all over the world and the very real opportunity of inclusiveness that a global delivery model provides, it may be wise for all significant Indian firms to consider near shore outsourcing centres in Latin America, Central or Eastern Europe, Middle East and China, connected by technology so that work can be distributed and delivered across multiple locations in a seamless and cost effective manner—surely the model of the future!

To enable this, Indian firms too need to demonstrate the commitment to work with the governments of Mexico, Chile, Brazil, Poland, Hungary, the Czech Republic, Egypt, Jordan and China to launch a collaborative effort in chosen cities.

For the cities themselves and that includes a score or more aspiring locations in India and the neighbouring Saarc countries as well, a realisation needs to dawn that there is more to building an outsourcing destination than pouring tons of concrete and steel into IT parks and installing a computer science or management studies concentration in multiple colleges and universities. A simple three step model that always works is:

* Develop a focus on what kinds of vertical and horizontal capabilities the city should be known for. If it’s financial services, business intelligence and ERP packages in Sao Paolo, it could be manufacturing and remote infrastructure management in Shenzhen or even software engineering in Dhaka and Amman. A survey of…

Source:http://www.financialexpress.com/news/Outsourcing-destinations-on-the-horizon/701850/

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Affiliated computer services (ACS) acquires TMS Health

October 20th, 2010

Financial Deals Tracker via COMTEX) — Affiliated Computer Services, Inc. (ACS) has acquired TMS Health, a healthcare teleservices company, from Palm Beach Capital, an investment firm. All the entities involved in the transaction are based in the US.

ACS is a provider of customer care services to the pharmaceutical, biotech and healthcare industries.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2010-10-15 Deal Participants Target (Company) TMS Health Acquirer (Company) Affiliated Computer Services, Inc.

Deal Rationale The acquisition will expand ACS’ information technology (IT) and business process outsourcing (BPO) service offerings to the healthcare and pharmaceutical industries.

Source:http://voip-phone-service.tmcnet.com/news/2010/10/19/5078305.htm

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Patni computer systems opens new ITO delivery center

October 13th, 2010

Patni Computer Systems Limited, a provider of global IT and business process outsourcing (BPO) services, announced the opening of a new ITO delivery center in Suzhou in China.

The new center is located in the Suzhou Software and Technology Park with a seating capacity of 500 seats and is the first center of Patni’s in China. Patni offers services including application development and maintenance, integration services, business and technology consulting, enterprise software and systems integration, BPO, quality assurance and engineering services.

New Suzhou delivery center is set to serve the Yangtze region which is one of the largest and most highly developed manufacturing bases for international companies, the company said. Through this facility, Patni aims to provide development and support services to Japanese, U.S, European and other local multinational corporations.
In a press release, Jeya Kumar, CEO of Patni, said, “The launch of our new Suzhou center is in line with our corporate strategy to focus on regional markets and adopt a truly global delivery model, to yield higher talent efficiencies. The Chinese outsourcing market possesses immense potential, both from a delivery and customer standpoint, and we are geared up to capitalize on this opportunity.”

According to KPMG reports, China’s onshore and offshore outsourcing market that was only $7.5 billion in 2007 reached $20 billion in the last year and it is estimated to reach $43.9 billion by 2014.

V. Mathivanan, president of APAC at Patni, said, “We have seen a meteoric rise of China as a potent outsourcing destination owing to conducive factors such as cost and labor arbitrage, skilled workforce and robust infrastructure.”

The center is planned to build-up systematically to full capacity by accommodating maximum local talents. In Suzhou, Patni has the advantage of getting an affordable destination with good accessibility to Tier 1 cities and a large number of talents who are expert in various computing skills.

The Patni Suzhou Center is built on a planned area of 3,400 sq. meters with 500 seating facilities. Three layers of security is provided such as guard or access card, camera and infra red. The planned area for Suzhou Software and Technology Park is of two sq. kilometers. Fifty-two percent area is reserved for office building and 48 percent area for training and services facilities.

Earlier this year the company announced the establishment of a new North American hub for Business Process Outsourcing operations in El Paso, TX.

Source:http://call-center-services.tmcnet.com/topics/call-center-services/articles/108427-patni-computer-systems-opens-new-ito-delivery-center.htm

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IT outsourcing frees up valuable resources, expert says

October 2nd, 2010

Businesses should be embracing IT outsourcing to free up resources, not merely to reduce costs, it has been claimed.

Writing for ComputerWorld.com, Adam Hartung commented that the overall objective when delegating functions to an external support provider is to make the business perform better.

“What most of them need is more room to experiment, try new technologies, try new applications, try new solutions, seek out new customer market opportunities and find ways to grow the business,” he suggested.

Mr Hartung said outsourcers can help achieve these goals, also noting that they can help complete end-of-life projects cheaply and quickly.

Firms should also be wary about spending on legacy systems as they plan to outsource IT, he noted.

Anthony Hayes, head of IT supplier management at the Royal Mail, recently told Computer Weekly that it is inevitable more businesses will choose to embrace IT outsourcing in future.

Source:http://www.ihotdesk.com/article/800093975/IT-outsourcing-frees-up-valuable-resources,-expert-says

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Increased IT outsourcing ‘is inevitable’

September 23rd, 2010

An increase in IT outsourcing is inevitable over the next few years, it has been suggested.

In an article for Computer Weekly, Kathleen Hall noted many leading IT decision-makers believe businesses will continue to move computing functions over to support and managed services providers.

The journalist observed Anthony Hayes, head of IT supplier management at Royal Mail, thinks departments should keep their IT strategy in-house, while outsourcing their day-to-day operations.

Mr Hayes said both parties need to maintain accountability and explained the practice demands a different mindset and style of working.

He added: “The biggest difference is now we have a bunch of people assuring the delivery of the service, as opposed to delivering everything themselves.”

Chief information officer at Severn Trent Myron Hryck acknowledged there is currently a significant amount of IT outsourcing taking place in the computing world.

Ben Birmingham, managing consultant at Quantum Plus, recently claimed support and managed services is becoming increasingly popular among small and medium-sized enterprises.

Source:http://www.codestone.net/news/story/increased-it-outsourcing-is-inevitable/800079129/

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