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News for ITO

Tuesday, February 12, 2008
Logica nets BAA contract
BAA has signed off on a five-year application management outsourcing contract with LogicaCMG.
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Monday, February 11, 2008
Indian IT industry booming
Nasscom estimates that the IT revenue in India has reached $64 bn
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Global IT spend less than we thought says Forrester
Forrester has today revised its previous estimates of global IT spending with a new figure of 6%. A previous report from the company estimated 9% growth for 2008.
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Friday, February 08, 2008
EDS: positive results kick off 2008
Despite ongoing problems EDS’ profits rose from £235m in 2006 to £358m last year, a rise of 52%. Full-year total revenue for 2007 increased by 4% to just over £11bn despite a continued reduction in new contract values.
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Cognizant Q4 revenues jump 41%
Cognizant, a leading provider of IT and business process outsourcing services, today announced ia 41% jump in profits for the three months of 2007.
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Thursday, February 07, 2008
EDS still owes HMRC
The government has been called on by MPs to take legal action against EDS to recoup some of the monies owed from the tax-credits IT fiasco.
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Wednesday, February 06, 2008
Oracle Launches Data Integration Suite
Oracle has launched its Data Integration Suite to combine traditional data-integration capabilities with an array of middleware and tools for constructing a service-oriented architecture (SOA).
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Co-op Rolls Out Green IT System
The Co-operative Group continues to strengthen its green credentials with the launch of a night-time energy-saving programme for the IBM Electronic Point Of Sale (EPOS) operations in its 2,200 food stores.
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Monday, February 04, 2008
IBM to Build First Cloud Computing Center in China
IBM today announced it will establish the first Cloud Computing Center for software companies in China, which will be situated at the new Wuxi Tai Hu New Town Science and Education Industrial Park in Wuxi, China.
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Tuesday, January 29, 2008
Logica creates outsourcing division, then announces its boss is leaving
Services giant LogicaCMG baffled the outsourcing market by making twin announcements on 28th January. The strategic news is that it is creating a new outsourcing services division to handle applications management, infrastructure management, outsourcing of ERP implementation and testing across Europe. However, the second announcement is that the head of the new division, LogicaCMG chief operating officer Jim McKenna, plans to quit the company later this year to "pursue a portfolio of interests".
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