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May 25, 2006
Top Stories
WAGE INFLATION IN OUTSOURCING MARKETS OVERSTATED...Wages for IT outsourcing (ITO) and Business Process Outsourcing (BPO) services providers in key offshore markets, including India, China and Poland, are increasing on average by 8 to 11 percent per year, which is nearly half of what has been commonly reported, according to new findings by Everest Research Institute. The lower figures reflect in part the efforts that offshore outsourcing suppliers have been making to control rising labor costs.
SYMBIO GROUP ACQUIRES HORIZON SOFTWARE...The Symbio Group, a provider of software development, testing, and globalization outsourcing services, has acquired Horizon Software, Inc. Headquartered in Atlanta, Horizon specialized in providing outsourced development services for web-based applications to U.S. and European clients, such as BellSouth and VeriSign, through its development center in Chengdu, China.
SYMPHONY SERVICES NAMES COO...Symphony Services has promoted Dr. Ajay Kela, former president of its India operations, to the position of chief operating officer (COO) and managing director. Amitava Roy succeeds Ajay as president of Symphony's India operations.
CROSS-SOURCING--FROM INDIA TO NEBRASKA...Xpanxion, an Atlanta-based provider of global software development services, has announced plans to relocate a segment of its software testing operations and quality assurance (QA) program from Pune, India to Kearney, Nebraska. The center is scheduled to open this summer and could ultimately bring dozens of high-tech jobs and hundreds of thousands of dollars in economic development to this rural Nebraska community.
DHL TO EXPAND IN RUSSIA...Deutsche Post World Net, owner of DHL, announced that it will invest 250 Million USD within the next four years to expand its express and logistics business in Russia.
OPI NAMES MARKETING DIRECTOR...Outsource Partners International, Inc. has today named Joanna Meronk its Director of Marketing and Communications. In this newly created position, Meronk will have responsibility for the ongoing development and management of OPI's brand and communications.
EDITOR'S NOTE:If you like blogs, take a look at blognoggle, a new web page I created to track the best business blogs on a single page. JB
Posted by jbowles at May 25, 2006 03:36 PM
