Author Archive
Cognizant strengthens its testing portfolio with Paris-based Galileo Performance acquisition
By Tarry Singh at 17 June, 2010, 3:53 pm
Outsourced testing services have been growing significantly in reducing the cost of quality assurance and software maintenance and also ensuring tighter alignment of IT with business objectives and improved governance and risk mitigation, Cognizant said. Industry research firm IDC forecasts a five-year compound annual growth rate (CAGR) of 19 percent for discrete global testing services, [...]
Read More >>Accenture continues to win outsourcing contracts
By Tarry Singh at 17 June, 2010, 3:47 pm
As per the terms of the contract, which is in addition to an existing contract signed last year, Accenture will provide management services to Henkel that are expected to reduce costs and streamline its activities. Though we remain unclear about the financial impact of the deal on Accenture’s revenue stream, we continue to believe that [...]
Read More >>HCL wins SG $110 Million outsourcing deal with Singapore Exchange
By Tarry Singh at 17 June, 2010, 3:44 pm
Under the agreement, HCL will provide Singapore Exchange (SGX) with infrastructure support and management services including the exchange’s Reach initiative. The Reach initiative announced in June 2010, aims to create a trading engine, establish a data center offering co-location facilities and connect trading communities in global financial hubs to Singapore. HCL’s solution architecture for SGX [...]
Read More >>TCS wins multi-year outsourcing deal from Norway’s Telenor
By Tarry Singh at 17 June, 2010, 3:42 pm
Financial terms of the contract were not disclosed. Telenor said earlier on Wednesday the telecoms firm was reducing the number of technology providers considerably. Source
Read More >>Survey: Global IT Infrastructure Outsourcing to reach 64% by 2020
By Tarry Singh at 17 June, 2010, 3:39 pm
The survey, of more than 600 IT and business decision makers in the US, the UK and Singapore, found that 61% of them believe managing IT in-house provides no competitive advantage and has to stop. According to the survey, the US in-house IT infrastructure is expected to drop from present 82% to 49% in 2020, [...]
Read More >>Wipro signs 10 Year Total Outsourcing deal with TVS & Sons
By Tarry Singh at 17 June, 2010, 3:34 pm
Wipro, a provider of IT services, and TV Sundram Iyengar & Sons, an automobile and parts distribution provider, have signed a 10-year total outsourcing contract. The partnership aims at leveraging the information technology to drive business efficiencies across all business units and functional areas of TVS & Sons. The scope of services includes the suite [...]
Read More >>Logica wins Skandia ITO; TCV €15 Million
By Tarry Singh at 17 June, 2010, 3:30 pm
The deal, which includes the option of a two year extension, covers Skandia Informationsteknologi which provides infrastructure management related services and application management for the entire group. Logica says its offering, which provides capacity on demand, will help Skandia Informationsteknologi improve efficiency and effectiveness and boost its environmental efforts. Source
Read More >>KVM Cloud: Red Hat wins another cloud vendor in Netherlands
By Tarry Singh at 11 June, 2010, 3:25 am
Interesting to note why virtualization vendors need to have the VM numbers from all their partners. Oxilion said it has been working for more than a year to put together the technology for its Virtual Data Center public cloud, and while not naming names, said that other alternatives were too costly and “the traditional proprietary [...]
Read More >>HP buys Phoenix’s virtualization division for $12M
By Tarry Singh at 11 June, 2010, 3:19 am
Very good move by HP. Phoenix was founded in 1979 and said it January it wanted to sell off non-core assets and return its attention to BIOS. In April it sold off FailSafe and Freeze. Unfortunately for Freeze users, the buyer decided shortly afterwards to stop supporting the product. Exactly what HP intends to do [...]
Read More >>Bank of Ireland shortlists IBM, HCL for $600 Million deal to replace HP
By Tarry Singh at 3 June, 2010, 12:11 am
Bank of Ireland has shortlisted HCL Technologies and IBM for an outsourcing contract potentially worth over $600 million, replacing incumbent vendor HP, which had signed a seven-year deal with the bank in 2004. ( Watch ) The outsourcing contract will involve management of the bank’s IT infrastructure including desktops, servers, printers and other communication networks. [...]
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