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November 19, 2008
Top Stories
EVEREST STUDY: ECONOMIC SLOWDOWN DRIVING HR WORK OFFSHORE...In an increasingly slowing economy, offshore providers of human resources services are well positioned to take market share from US-based suppliers as buyer companies are now more focused on early cost savings that can be gained from labor arbitrage, according to a new study by the Everest Research Institute.
The Institute study, Human Resources Outsourcing (HRO) Annual Report, provides comprehensive coverage of the global 2008 HRO market, including detailed analyses on market size and buyer adoption, transaction characteristics, and supplier landscape. Study scope includes focus on North America, Europe, Asia Pacific, and Latin America; suppliers having signed at least one HRO transaction; and all industries.
To read an extract, purchase the report, or inquire about other research services, please visit www.everestresearchinstitute.com, email info@everestresearchinstitute.com or call +1-214-451-3110.
MITSUBISHI MOTORS EXTENDS IBM OUTSOURCING CONTRACT...Mitsubishi Motors Corporation (MMC) has extended its strategic outsourcing contract with IBM Japan for an additional five years. The entire operation and maintenance of the company's information system will be entrusted to IBM Japan. The agreement was signed in September 2008 and will be in effect until September 2013. In addition to the management of existing IT infrastructure, application operation and maintenance, and end-user support services, the new contract will include assistance of application planning.
CSC REVENUES UP FOR SECOND QUARTER...CSC reported revenues of $4.24 billion for the second 2009 fiscal quarter, up 5.5% year over year, and earnings per share for the quarter of $2.95. Net income for the second quarter was $451.7 million, or $2.95 per share (diluted), compared to last year’s second quarter earnings per share of 43 cents.
PEROT SYSTEMS ACQUIRES TELLURIAN...Perot Systems Corporation has acquired substantially all of the assets of Tellurian Networks, Inc., a leading managed services hosting provider of Electronic Medical Records (EMR) and Practice Management (PM) applications to physician groups. Tellurian is based in Newton, NJ and has operations in New Jersey and California. Financial terms were not disclosed.
UNISYS OUTSOURCING CENTERS GET ISO CERTIFICATION...Unisys Corporation announced that five of its worldwide outsourcing centers have received the prestigious ISO/IEC 20000 certification for delivering information technology (IT) services based on best-practice global management standards. The certification is the first – and prevailing – worldwide standard for benchmarking delivery of IT services that advance clients’ enterprise business goals
Posted by jbowles at November 19, 2008 06:40 PM