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July 18, 2007
Top Stories
IBM SIGNS $1.4 BILLION CONTRACT WITH ASTRAZENECA...IBM has signed a $1.4 billion, seven-year global strategic outsourcing agreement with AstraZeneca, one of the world's largest pharmaceutical companies. The agreement renews and expands on the scope of an existing contract and covers the provision of IT infrastructure services to 60 countries. In the terms of the agreement, IBM will provide a single global technical infrastructure managing IT services for AstraZeneca across its global organisation.
CSC NAMES PRESIDENT, WORLD SOURCING SERVICES...Computer Sciences Corporation has named Mary Jo Morris, 52, to the position of President, World Sourcing Services. This new organization is responsible for proactively extending CSC's reach into new geographic markets to support global business channels and expand the company's World Sourcing footprint. Offshore and near-shore delivery centers will be managed globally so that customers receive the benefits of global leverage, a consistent set of delivery processes and the mix of near-shore and offshore resources appropriate to their needs.
MASTEK SUBSIDIARY ACQUIRES VECTOR INSURANCE SERVICES...MajescoMastek, the U.S. subsidiary of Mastek, a leading IT solutions player with global operations providing new technology and IP-led enterprise solutions to insurance, government, and financial services organizations worldwide, today announced the acquisition of Vector Insurance Services LLC (Vector), a technology solutions provider and third-party administrator that focuses on the North American life and annuity insurance industry. Vector provides policy acquisition, administration and processing solutions to customers in the North American life insurance industry.
PETER BENDOR-SAMUEL NAMED E&Y ENTREPRENEUR OF THE YEAR...Everest Group CEO Peter Bendor-Samuel has been named by Ernst & Young LLP as one of the winners of the Ernst & Young Entrepreneur Of The Year 2007 awards in Southwest Area North (North Texas/Arkansas/ Oklahoma). Bendor-Samuel was one of 10 award winners selected by an independent panel of judges composed of area leaders from business, academic and civic organizations. He was named winner in the Technical Services category.
Posted by jbowles at July 18, 2007 07:06 PM
