Outsourcing News

India continues to be the hotbed of IT outsourcing deals. Several Indian outsourcing providers have announced big contract wins in recent days. In April, Infosys singed a 3 year IT deal with Microsoft. Under terms of the three-year deal, Infosys will manage the internal IT services for Microsoft worldwide, including IT help desk, desktop management, and infrastructure and application support, from multiple Infosys centers. The deal covers applications, devices, and databases in 450 Microsoft locations across104 countries. HCL signed a $79M IT infrastructure deal with Singapore Exchange Ltd (SGX). HCL will provide SGX with infrastructure support and management services in order to create the world’s fasted trading engine capable of executing transactions in 90 microseconds

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Indian service providers continue to score big outsourcing deals

A few years ago, I read The 4-Hour Workweek, by Tim Ferris . Every business book I had read before it talked about how to increase revenues and make more money. The 4-Hour Workweek was different. It talked about making ENOUGH money to live the kind of life you want. Interesting, isn’t it?

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My Thoughts on Money and Happiness

 Lighthouse’s analyst attitude surveys give us a deeply insight into the mood in the analyst community. Looking over our recent interviews, we have seen four trends developing in the first half of the year, which produce major challenges for AR managers.

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July’s webinar shows how to gain from four major changes in analyst relations

Accounting is undoubtedly an integral part of running and developing a business successfully. In addition to helping run the day-to-day functions smoothly, accounting also ensures that the financial picture is clear in case you are looking for an acquisition or a buyer for your business. However, taking care of the accounting functions is no small task. After all, you are not an accounting expert. That is why outsourcing accounting services may be the best decision to achieve your business goals. Hiring an expert for accounting services not only ensures that your finances are in the right hands, it also frees you to take care of strategic decisions so that you can stay competitive in the business. Outsourcing accounting services to an expert Many business owners try to take care of their accounting functions by hiring a full-time in-house accounting staff. This is a very expensive option, as hiring, training and retention takes up a lot of business resources. But now, in the cut-throat business scenario, it is financially more viable to use a professional accounting service provider who has the potential to save 40-60% of accounting costs. When you outsource accounting, your work is done by expert accountants, reducing the chances of errors and producing impeccable records.

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Score over your competitors by outsourcing accounting services

ZONG has  brought to the people of Pakistan (their customers) the first pre-paid reward program which offers instant prizes for just keeping their phone on! The reward program titled “Keep Phone On (KPO)” automatically enlists all ZONG subscribers to win prizes. KPO is designed in a way that it will help ZONG gain the most out of its customers. This is also a very strong move on their part to show that they value their customers. With its KPO reward program, ZONG has broken the curse of sim lagao/jagao offers that other telecom companies are and have been doing for quite long now. This surely makes this one stand out among the rest in convincing/insisting/requesting/forcing/reinforcing customers to keep their SIMs activated.

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ZONG brings Loyalty Reward Program

On 12 June, the transition from a service-based economy to a knowledge-based economy was the focus of this blog . This is the second in a series of articles regarding our competitiveness in the knowledge-based economy and the marketing opportunities associated with this competitiveness. Today’s topic is Knowledge Process Outsourcing (KPO). It is the one area of outsourcing in which the USA remains competitive (having ceded Information Technology Outsourcing (ITO) and Business Process Outsourcing (BPO) to India, China and other developing nations). KPO consists of activities such as investment research services, marketing research, analytics and intelligence, engineering research and development, pharma/bio-tech research and development, legal research services, animation, content/publishing and education/e-learning.

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Knowledge Process Outsourcing: Get Smart Now!

Transocean chief executive Steve Newman said, on balance, the current six-month moratorium on deepwater drilling in the Gulf of Mexico is unlikely to materially impact near-term cash flows. Activity in other offshore markets won’t mitigate anticipated revenue loss from force majeure declarations in the U.S., however, should the driller cede…

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Transocean’s Problems Run Deeper Than Lost Revenue From Gulf Spill Drill Ban

Within the overall current Russian economic pickup, analysts particularly single out Russia’s technology sector and appropriate it one of the leading roles in establishing the favorable business landscape. The latest “Russia Information Technology Report Q2 2010” testifies that the Russian IT market is expected to recover in 2010 from a double-digit contraction in spending on IT products and services suffered in the generically tough 2009. Below we highlight some extracts from the report touching upon Russia’s software and IT services market segments. Software Russia’s domestic software market is projected at around US$3.1bn in 2010.

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Russia Information Technology Report Released

accounting-services You are involved in a business which is expanding and for which reason you are expected to spend more and more time in making certain investment decisions and other operational levels. While this is the situation and you are thinking that how can you make things work for your business in a more effective and yet cost effective manner. Not many businesses owners are aware of the facts that they can acquire certain services from an outside source rather than going through an extensive procedure of hiring and retaining professional employees with extensive salary packages. A good example would be of  accounting services which are known to provide all the required benefits related to business. Answering some of the general questions will help you to understand and select the right option of cost effective accounting services. What is an accosting service provider

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Find Professional Accountants through Accounting Services

Types of Bookkeeping Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Bookkeeping should not be confused with accounting. The accounting process is usually performed by an accountant. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper and files forms with government agencies.

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Elements of Good bookkeeping

The Internet has become a much powerful tool these days. It’s no longer a portal for information. Most of all, it allows people to communicate a lot faster and easier. Most of all, it has given us more freedom, especially when it comes to work. If we’re running our own business, we can make use of the World Wide Web to outsource some aspects of our business, such as online bookkeeping services

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Outsource Bookkeeping or Accounting

friday saw dan and i for after work drinks for the 2nd time that week at KPO. we wanted to just have a quick drink and then head to watch the germany match since all our friends abandoned us. but my mum and a couple of her friends joined us so amidst bottles of beer and glasses of white wine, we found ourselves having little conversations here and there with different random people. from learning more about our future based on our birth dates (of which some things were SO TRUE dan got freaked out) to the usual world cup chatter. as usual, love dan's face. mon makes fun of it all the time   when my mum gets high, this is what u end up with. SHE TOTALLY CUT ME OUT OF THE PICTURE proper one now with my moms friends so after KPO we hopped on to this random KTV cus my mums friends were there and MY OH MY there was a SUCKLING PIG IN THE MIDDLE OF THE ROOM cus it was some guy’s birthday

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joining the working crowd

By, Harry T Selent There is no denying technology from creeping and seeping into our daily lives. Everyday, better and more powerful systems are being put in place to help streamline and automate business processes. Medical practices are no exception. To run a medical practice properly, the right medical billing software has to be installed. Let’s take a closer look at this issue. First, let’s assume that there is no proper billing software in place. What do you think will happen? Of course, there must be some sort of method to help deal with the billing issues. The traditional way, is to do everything manually

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Electronic Medical Billing Software To Help Streamline The Work Flow Of Medical Offices

Testing is a funny topic to discuss, on one hand its essential, and professional testers are passionate about methods, good practices, etc and on the other it’s a topic that many would prefer to ignore. I find that I get very interested in the topic when I meet a real expert who can raise points that I simply hadn’t thought about before. This has just happened twice; first I got a preview copy of the World Quality Report, more of that later, and the second was to hear a real expert on testing give her views.

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Testing; are you thinking the new way?

Contrary to the slowdown projected for IT outsourcing growth, in just a span of a few days, three big outsourcing companies won IT outsourcing contracts all from different regions in the world. On the 14th of June , Indian company HCL Technologies (NSE:HCLTECH) signed a five year, $79 million IT infrastructure outsourcing agreement with Singapore Exchange. The said contract is part of a $179 million project to speed up the bourse’s trading systems.

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Outsourcing Companies Have a Big IT Week

When it comes to choosing the right type of resume for a job applicant, there can be a lot of confusion among some people in selecting the right one. There are three major types of formats that are used on a wide scale today. They are the chronological, functional and the combinations styles. One should

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Pros and Cons Of The Functional Job resume

Popularly coined in this new generation as “virtual assistant”, a personal assistant has been the aid of many traveling businessmen and entrepreneurs. They are the source of help to the growing number of virtual CEO’s who manage virtual businesses or even traditional land- based businesses.

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Choosing Personal Assistant Services in the Philippines

Today congressional democrats voted to pass a $30 billion government fund for possible lending to small businesses by community banks.   I say possible because there is no mandate included in the measure…just the availability of funds if banks are interested.  On a positive note, with bank leveraging, the loans could reach $300 billion.  That would certainly have an impact on tight credit markets and would hopefully lower unemployment numbers accordingly. On a somewhat less positive note, so far the bailouts offered by our government supposedly for the benefit of small businesses haven’t trickled down.  As a full service Accounting Firm , we deal with mostly small businesses.  Most of them aren’t seeing the trickle down either.  Folks around here are still struggling…and most other places too I suspect. I am thankful that at least our government is trying to do something.  I just wish they would be mandated to learn from their mistakes like all the rest of us.  I wish that market forces would require them to constantly review not only populist opinion, but whether they have been effective as leaders and whether their positions have benefitted those they serve… now that really is dreaming.  If you happen to be a recipient of one of these small business loans from a community bank; please drop us a line.  I love to hear positive news especially from other small businesses like ours.  Staff – Inland Accounting Services www.inlandaccountingservices.com

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House Passes $30B Small Business Lending Fund

The President’s Innovation and Technology Advisory Committee (PITAC) is looking for advice regarding infrastructures paramount to innovation in information technology, nanotechnology, and biotechnology. Comments can be submitted to the President’s Council of Advisers on Science and Technology (PCAST) through the online portal OpenPCAST. Specifically, PITAC asks: What are the critical infrastructures that only government can help provide

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PCAST Desires Public Input on Critical Infrastructures for Technology Innovation

Things are not so 2000 anymore. Drupal, Joomla, SharePointPortal are all examples of IT automation that do things in days what programmers used to do in weeks and months. So is Outsourcing the real reason for IT Job Loss? I am not convinced it is because of Outsourcing!

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Is the Loss of IT Jobs due to Increasing IT Automation or Outsourcing?