New Outsourcing Business on the Horizon for Virtusa Corporation

Virtusa Corporation and Tech Mahindra went head to head in a competition for a contract from British Telecom. The company was hitherto a client of Tech Mahindra for over twenty five years. Virtusa Corporation winning the client over was a huge success for the company. Tech Mahindra’s loss The contract, now inked with Virtusa, is […]

Allianz and IBM Set to Enter an Outsourcing Relationship

Allianz and IBM are tied in negotiations regarding outsourcing a significant portion of Allianz’s information technology services hitherto conducted in-house. Allianz, the German insurer company is planning a revamp of its internal IT services, hence the intention to outsource. Allianz’s integration with cloud technologies The experts at Allianz have decided to integrate their global data […]

Ness Technologies signed Global Outsourcing Contract with Mul-T-Lock worth $2.6 Million

November 15, 2012: Ness Technologies, a leading IT and BPM service provider has signed a five-year outsourcing contract with Mul-T-Lock. As per the contract, they will manage information systems, IT infrastructure and other related applications of Mul-T-Lock. The contract is worth $2.6 million. Ness Technologies kicked off their operations in the year, 1999. The software […]

Changing role of governance in outsourcing contract

The recent failure of world’s largest security company G4S to provide the required security staff for the Olympic Games has again popped up the debate to outsource or not. While some argue that it is wise to perform the tasks on their own, others argue, the wisdom lies in outsourcing the tasks in which a […]

TCS subsidiary wins $2.2 billion outsourcing contract

November 10, 2011: Diligent, Business process outsourcing arm of Tata Consultancy Services (TCS), has won a contract by which they will manage 3.2 million policies for Friends Life, a pensions, investments and insurance provider. The contract will come into effect from March 1, 2012 for a period of 15 years. The contract is worth $2.2 […]