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Monthly Archive: January 2010

Capgemini Expands In Poland, Opens New BPO Center In Katowice

Christina Broder, Staff Reporter

The existing BPO centre of Capgemini, the global leader in consultation, technology, and outsourcing services got bigger with an addition of 4000 sq. km in the main Atrium building in Poland. This is the second Capgemini office in Poland which will have broader range of services to serve clients better around the globe. The existing office […]

Gartner Ranks Accenture As Leader in Magic Quadrant for Oracle Outsourcing

Erica deVry, Staff Reporter

Accenture has been placed in the ‘Leaders’ quadrant in the “Magic Quadrant for Oracle Outsourcing, North America” report by Gartner Inc. Gartner stated that the Oracle Applications outsourcing has seen a rise in interest from enterprises. The Magic Quadrant has analyzed around 15 providers of Oracle application outsourcing in the North American market. 

“We believe Accenture’s positioning […]

Ernst And Young Survey: 60% Companies Do Not Have a Cost Reduction Strategy

Ethan Strassfield, Staff Reporter

A recent survey by Ernst & Young stated how in spite of the recent recession, more than 60% of global companies do not have an active cost reduction strategy in place. The more alarming part is that over 25% of these companies do not intend to have such a plan in the near future while only […]

Capgemini Wins 10 Year UK National Rail Reservation Systems Contract

Erica deVry, Staff Reporter

AOTC (Association of Train Operating Companies) has renewed its long-term IT outsourcing contract with Capgemini for another ten years. The contract is worth £18.5 million and includes support for UK’s National Rail Reservation System for the period of 2009 to 2019. This contract was signed between Capgemini and Rail Settlement Plan Ltd (RSP). The various services […]

Deloitte Wins Multiple M and A Awards For BearingPoint Acquisition

Ethan Strassfield, Staff Reporter

In recognition of Deloitte’s acquisition of the BearingPoint North American Public Services, M&A Advisor has awarded Deloitte top honors in two categories at The M&A Advisor 8th Annual M&A Awards. Financial advisor to Deloitte during the acquisition, Houlihan Lokey, and Kramer Levin Naftalis & Frankel, legal counsel, are co-recipients of the honors.

The two categories in which […]

PwC Survey Shows How Gold Has Maintained Its Stronghold Despite The Recession

Erica deVry, Staff Reporter

According to the annual Gold Price Survey by PricewaterhouseCoopers (PwC), the average price of gold remained around US$959 in 2009. Gold prices were fluctuating between US$812 and US$1200 per ounce till early December. The prices have risen in spite of the recession which has affected almost all industries while gold saw an average which was higher […]

Deloitte Named Model Employer in Shriver Report

Ethan Strassfield, Staff Reporter

“The Shriver Report: A Woman’s Nation Changes Everything,” a report published by Maria Shriver and the Center for American Progress has named Deloitte as a ‘model employer’. This report is an in depth study of the consequences of a growing workforce consisting of women in the US. Women consist of about the half the workforce of […]

KPMG Signs Business Alliance with Thomson Reuters

Kenneth Guillame, Staff Reporter

The U.S. tax and audit advisory firm KPMG LLP announced a tie up with Thomson Reuters, one of the world s leading sources of information and technology that helps businesses to perform better. This will help companies to improve their internal audits, administration, governance, risk, and compliance processes (GRC).

This alliance will see […]

Ernst And Young Gains Best Islamic Advisory Firm Award in 2009

Kenneth Guillame, Staff Reporter

Ernst & Young’s IFSG or Islamic Financial Services Group in the Middle East has been awarded the ‘Best Islamic Advisory Firm’ award at the Islamic Business & Finance Awards 2009 ceremony. Held on 14th December, 2009 this event was organized by CPI Financials, the region’s leading specialist financial publisher.

Bishr Baker, Partner at […]

Accenture Global Survey Foresees Rise in IT Investments In 2010

Kenneth Guillame, Staff Reporter

72 per cent of business and IT (Information Technology) executives have stated that their organizations now place more importance on the IT functions of their companies than they did before the financial crisis. They also view IT as a solution to their economic problems and a means to get out of the […]

KPMG Finds Companies Rethinking Software Asset Management Programs

Kenneth Guillame, Staff Reporter

According to the latest KPMG report, the rising cost of software licensing and maintenance are making companies rethink about the importance of a software asset management (SAM) program. The report named Software Asset Management – Mitigating Risk and Realising Opportunities stressed how SAM can be helpful in delivering the desired results by […]

PricewaterhouseCoopers Celebrates International Anti-Corruption Day

Kenneth Guillame, Staff Reporter

Since the United Nations Convention Against Corruption (UNCAC) on October 31, 2003, International Anti-Corruption Day is being celebrated on December 9 on an annual basis. PricewaterhouseCoopers is also demonstrating its support for anti-corruption and anti-bribery initiatives by commemorating this day.

The PwC-sponsored Transparency International Anti-corruption Day Symposium on December 9 at the National […]