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July 30, 2008

Top Stories

CAPGEMINI TO ACQUIRE GETRONICS PINKROCCADE...Capgemini has reached an agreement in principle with Getronics PinkRoccade (GPR) for the acquisition of Getronics PinkRoccade Business Application Services BV (BAS BV). This division regroups GPR’s applications services activities (applications development, maintenance and management) in the Netherlands. Through this acquisition, Capgemini says it will reinforce its leadership position in one of its key markets, while developing a stable portfolio of long-term applications management contracts in the public sector. The acquisition amounts to an equity value of €255 million paid in cash on Capgemini own resources and should be finalized by the end of the year, subject to the approval of the European Commission and to the consultation of the relevant Workers Council.

UNISYS REVENUES DOWN, PROFITS UP... Unisys Corporation reported that its second-quarter 2008 operating profit increased to $22.6 million compared with an operating profit of $2.5 million in the year-ago period. Revenue for the second quarter of 2008 declined 3 percent to $1.34 billion from $1.38 billion in the year-ago quarter. Foreign currency exchange rates had an approximately 4 percentage-point positive impact on revenue in the quarter.

BIRALASOFT NAMES NEW CEO...J Ramachandran (Ram) has taken over as the Chief Executive Officer of Birlasoft. Ram joined Birlasoft in July 2006 and was currently serving as its Chief Delivery Officer. Prior to joining Birlasoft, Ram had been with IBM Global Services for 11 years. With
over 20 years of industry experience, Ram has a proven track record in the complete lifecycle of IT outsourcing and has led large value initiatives spanning multifarious industry verticals. He holds a masters degree from Indian Institute of Technology, Kanpur.

WIPRO IMPLEMENTS MICROSOFT DYNAMICS AX...Wipro Technologies, the global IT services business of Wipro Limited and Microsoft announced the successful implementation of Microsoft Dynamics AX at the Microsoft Business Solutions division. This project involved a transformational global Implementation serving 242 countries through five locations across the world, leading to standardization and harmonization of business processes across the organization.

COMPASS BPO INCLUDE IN FAO PUBLICATION...Compass BPO announced the inclusion of their case study in the FAO publication report on How to leverage Finance outsourcing. This report published by FAOresearch details 10 current outsourcing engagements and analyzes the critical factors driving successful attainment of contract goals to increase efficiency and address specific business pains.

CONVERGYS NAMED TO TRAININGOUTSOURCING.COM'S TOP 20... TrainingOutsourcing.com named Convergys to its fifth annual “Top 20” list among companies specializing in Business Process Outsourcing (BPO) in order to “create a more efficient marketplace for learning.” In addition, it continued to stress the importance of innovative methods in learning analytics and evaluation methods used to assess the impact of learning on business performance.

Posted by jbowles at July 30, 2008 07:39 PM