Business Transformation
Weakening rupee may bring cheer for exporters including Indian software services firms like TCS and Infosys, but industry body Nasscom seems concerned with the currency volatility saying it hinders the planning process for the USD 100-billion IT-BPO industry.
Randstad Managed Services and SourceRight Solutions have combined as part of a rebranding strategy to become Randstad Sourceright. Randstad procured SourceRight Solutions having purchased their parent company SFN Group in 2011.
Speaking at the Shared Services Outsourcing Network conference in Amsterdam, KPMG’s director, Claudio Altini, said the decision to outsource is no longer simply about reducing costs or headcount.
Research commissioned by the National Outsourcing Association (NOA) has revealed that 80 percent of the UK general public do not believe that outsourcing contributes to the economy.
Logica have reported a plummet of 80 percent in first quarter results in UK outsourcing compared to last year. Logica’s overall sales remained stationary for the first three months of the financial year at £974 million as global orders fell by 24 percent.