Outsourcing Issues and News.

Here is your weekly dose of professional business news and information on business process outsourcing (BPO) and information technology (IT) outsourcing, searched and summarized by Outsourcing Opinions from the world business news agencies and major resource sites.

India, Inc. on Target

India’s top tech companies like Tata Consultancy Services (TCS) and Wipro, pursue Target’s 1500-staffed captive technology center in Bangalore for a potential acquisition. Read more about this news here

The H1-B Visa Bounce

Demand for H-1B visas could rebound as US economy recovers, especially among outsourcing firms that are now the program’s heaviest users, Moira Herbst reports here

Better Think Twice for just One RFP

Stephanie Overby warns to think twice before sending out a single Request for Proposal that provisions two or more different types of IT services. Read more about this here

IT Spending Down

According to leading research and advisory body Gartner, IT vertical spending in the global industry is expected to decline 6.8 percent this year from 2008 figures.  Learn more about this projection here

Banks boost Outsourcing

Multinationals banks, such as Wells Fargo, Ingersoll Rand and Standard Chartered, continue to set up new back-office units or expand their existing captive operations in India even as the captive facility model is under criticism for being high cost and less efficient than third-party vendor operations.  Read more about this here

Infosys Technologies releases a report that states the US banking sector looks to innovation as key to efficiency and growth.

The report further states that four out of five bankers consider innovation initiatives as  very important to pursue growth and future efficiencies while close to nine out 10 believe that IT plays an important role in these innovation efforts.  Read more about this Infosys report here


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