Infosys continued
Displaying Matches 36 thru 42 of 42 Found. FIRSTBACK
(29 January 2009) The average supply chain professional spends roughly 25 percent of his or her time finding and re-working supply chain data to get it to the required level of granularity and format, according to a recent study by Microsoft and Infosys. Sixty-five percent reported experiencing a supply chain disruption, and said it took hours or longer from the time of the disruption to when supply chain systems reported the incident. Half of business decision-makers report increasing complexity in their global supply chains, with nearly two-thirds reporting growth in products, geographies, and suppliers....
MRN - Wipro sees more order reductions and deferrals, than cancellations; Sees flight to size and quality, and business picking up in late first half of 2009. Staff swapping initiative highlights innovative consulting alternative. McKinsey on global market for IT and BPO services. Leading companies employ consultants, and consulting alternatives, to help reduce carbon footprints. Deloitte CEO on operating in a financial crisis and expansion plans in India. Smaller financial advisory firms also experience growth in tough economic times. Public sector pressure to decrease consulting spend. Big Four insolvency practice fees in the U.K. (subscription required)...
MR - Infosys has decided to pass on participation in a bidding war with HCL Technologies for Axon Group. HCL increases equity position in Axon. (subscription required)...
(29 September 2008) HCL Technologies has made a 650 pence cash offer for UK-based SAP consultancy, Axon Group Plc, valuing the firm at approximately 441.1 million pounds ($801.7 million). This tops Infosys' 25 August bid of approximately 406 million pounds ($737.9 million). Axon's Board has formally switched its recommendation to shareholders from the Infosys proposal to HCL's offer (Update 1)....
(25 August 2008) Infosys has agreed to acquire the Axon Group in a cash transaction valued at £407.1 million ($753.1 million). Axon provides technology-enabled business transformation services based exclusively on SAP application platforms. The companies expect the transaction to be completed by November. (subscription required)...
MR - Deloitte signs agreement with Nortel to help the company reduce travel expenses for the firm and clients, and minimize carbon footprint. Infosys utilization rate dips to 68.9 percent and fixed-price contracts increase to 32.8 percent of total contracts; Management says client pricing remains stable, with strong demand from manufacturing clients and for services in the areas of innovation, R&D, and improved efficiency. Mullin wins bid to manage CSC's integrated marketing communications; highlighting marketing services trend across industries. Strategy firm L.E.K. forms strategic alliance with the firm of former CBS Sports president, Neal Pilson, highlighting willingness of global firms operating under traditional pyramid business models to engage niche strategic partners for commercial work. KPMG growth in India consulting work highlights global trend toward IFRS advisory services. TCS focuses on cost control to maintain profits. Says retention rates are highest in the industry. Lo...
Continued expansion of finance and accounting outsourcing (FAO) service providers, broader client recognition of FAO value, and client success stories drove a 22 percent FAO services spending increase in 2007, according to a recent study by the Everest Research Institute. Everest is also expecting future spending growth at a double-digit pace, driven primarily by a combination of expanding supplier capabilities and an increase in the number of organizations served by competent FAO vendors....