A vote in the European Parliament this week on liberalizing the European Union's services market is "a missed opportunity" for the 25 member states of the EU to develop a competitive IT services industry, a representative of leading European IT companies said Friday.
Continuing its assault on the European IT outsourcing market, IBM Corp. has signed agreements to buy two Danish IT services companies and another to provide IT services to one of the country's largest banks.
Infosys Technologies Ltd. said Thursday that it is investing US$20 million into a business consulting subsidiary in the U.S., which will be managed by four former senior executives of global consulting firms.
A bill recently passed by the U.S. Senate restricting federal government contractors from outsourcing work overseas is unlikely to have a significant impact on India's software and services companies, according to an executive of the National Association of Software and Service Companies (NASSCOM) in Delhi, India.
With so many technology vendors struggling to keep pace in a sluggish economy, some savvy IT executives are adding new protection clauses into licensing and outsourcing agreements to ensure smooth operations should a key technology or service provider go belly-up.
With so many technology vendors struggling to keep pace in a sluggish economy, some savvy IT executives are adding new protection clauses into licensing and outsourcing agreements to ensure smooth operations should a key technology or service provider go belly-up.