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Industry News

Friday, July 13, 2007
Camerons cuts 20 IT staff in Indian outsourcing
CMS Cameron McKenna has become the latest City firm to outsource a chunk of its IT work to India.

Monday, July 02, 2007
BFSI sector squandering cash on offshore call centres
UK financial services companies are wasting money and damaging customer relations by offshoring call centres, according to a study by Compass Management Consulting.

Friday, June 29, 2007
Tech Mahindra to set up Centre of Excellence in Belfast
Tech Mahindra Limited, a leading, global systems integrator and business transformation consulting firm focused on the telecom space, today formally announced creation of a Centre of Excellence for business service delivery including solution design in Belfast, Northern Ireland.

Wednesday, June 06, 2007
Eversheds outsourcing deal to cost cool £27m
Eversheds has revealed the cost of its IT outsourcing deal with Computacenter, with the UK giant shelling out £27m on back-office functions over the next three years.

Monday, June 04, 2007
Retail leads rise in IT spending growth
Retailers and business services firms are leading the growth in IT spending in the UK, as organisations step up their investment in online commerce and knowledge management systems.

Data security still a concern for BPOs
Emerging cyber crime including ID thefts, data thefts, credit card manipulation and stealing confidential information from companies, have put IT companies and BPOs on high alert.

Tuesday, May 22, 2007
Xchanging renews £1.7m HR partnership with SELEX S&AS UK
Xchanging has announced a five-year £1.7 million annual contract renewal with SELEX Sensors and Airborne Systems UK to provide HR services.

Monday, May 14, 2007
Sun Microsystems and Tech Mahindra announce strategic alliance on IPTV services
Sun Microsystems India and Tech Mahindra today announced a strategic alliance to enable the rollout of cost-effective and efficient IPTV services to the Indian and Asia Pacific markets.

Wednesday, March 21, 2007
Addleshaw Goddard Survey Shows 59% of FTSE 350 Have Exited or Re-negotiated Outsourcing Contracts
59 percent of respondents have had to exit or re-negotiate an outsourcing contract before the end of its term, typically due to poor service from the supplier a survey from legal firm Addleshaw Goddard’s technology and outsourcing team has revealed today.

Thursday, January 11, 2007
Tech Mahindra to set up 3000 seater Software Development Centre at Hyderabad
Tech Mahindra today announced the setting up of its state-of-the-art software development center in Hyderabad at Kokapet near Golkonda within the SEZ area.

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