Displaying items by tag: IT outsourcing

In the early 2000s, outsourcing became a significant buzzword in software development globally. Every week we seemed to read that one significant player, or another had decided to experiment with the idea of adopting a remote development team in some (often far-flung) location.

STORY SPONSORED BY MITRAIS. In the early 2000s, outsourcing became a significant buzzword in software development globally. Every week we seemed to read that one significant player, or another had decided to experiment with the idea of adopting a remote development team in some (often far-flung) location.

Global ICT services giant CSC and Tasmanian vocational education and training provider TasTAFE have launched a new partnership, providing for the island state’s TAFE students to gain real world experience working at CSC Hobart’s Centre of Excellence (COE).

Security testing, IT outsourcing and data loss prevention are driving the highest growth in security products and services, as worldwide spending in the sector is expected to reach US$81.6 billion by the end of this year, according to Gartner.

Solutions and services provider Dimension Data has given director of managed services Keith Murray responsibility for IT outsourcing as well as cloud services.

With $725 million in sales and 3400 staff, this may be the biggest success story you've never heard of. Anthony Doesburg reports

MphasiS, a leading IT and BPO services company, has announced financial results for the fourth quarter and full-year ended 31 October 2010. MphasiS' consolidated revenue for the year ended 31 October 2010 was USD 1,099.3 million, crossing the $1 billion mark for the first time. This year's results grew 25.8% over last year's results of USD 874.2 million. During the year, net profit increased by 27.8% from USD 186.2 million to USD 238.1 million. The company's operating profit during the year ended 31 October 2010 was USD 240.3 million, a growth of 26.7% in comparison to the previous year. Operating margins for the year was 21.9%. EPS for the year was USD 1.13, an increase of 27.4% in comparison to the previous year.