RComm Awards Huge Outsourcing Deal to Alcatel-Lucent
BPOVoice.com announced that Reliance Communications (RCom) has awarded a $500 million (Rs 2,500 crore) operations and maintenance contract to French telecom infrastructure provider Alactel-Lucent. Last year, Reliance and Alcatel formed a joint venture for network management services, with the Indian company holding 33 percent and the French company owning the rest.
Gartner: Don't Sign Long-term Outsourcing Deals
Computer World UK.com posted a story advising that organizations renegotiating their outsourcing contracts should avoid long-term deals and look at cloud computing. This comes from the analyst firm Gartner. The next two years will be a “critical period” for the outsourcing and IT services market,” said Claudio Da Rold, vice president and distinguished analyst at Gartner.
IT Firms Face Delay in Payments from Foreign Clients
Offshore Outsourcing World Blog.com reported that a number of Indian outsourcing companies are facing difficulties as their foreign clients are delaying their payments. The firms are finding it hard to recover their money, as most of these firms are from the U.S. and Europe, which are largely hit by the recession, the Business Standard reports. Except Infosys, all the major Indian IT firms have shown a rise in the receivable income from the last three quarters.
“Outsource it!” is now in beta
1 year ago