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Report: IT Outsourcing Bookings Decline 70% in North America

Report: IT Outsourcing Bookings Decline 70% in North America

By Narayan Ammachchi IT outsourcing bookings declined 25% globally in the second quarter of this year, with cloud computing continuing to outshine the outsourcing sector. This is the second straight quarter of declining growth, according to research firm NelsonHall’s quarterly ...

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Globant Inches Closer to Launching IPO on the NYSE

Globant Inches Closer to Launching IPO on the NYSE

By Narayan Ammachchi Argentine IT firm Globant has finally begun ‘book-building’ as part of its plan to float its shares on the New York Stock Exchange.  The Buenos Aires-based firm has not, however, disclosed the precise date of its stock ...

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Rationalization Adds Complexity to Application Outsourcing Pricing

Rationalization Adds Complexity to Application Outsourcing Pricing

By Kimberly Warner-Cohen A combination of hyper-rationalization integration and  pricing pressure demands by enterprises on application outsourcing (AO) providers have driven AO prices down for the third consecutive year, according to a report recently released by Everest Group. Hyper-rationalization, or a structural ...

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Costa Rica Boosted By Intel and VMware Investments

Costa Rica Boosted By Intel and VMware Investments

By Narayan Ammachchi Costa Rica’s technology sector appears to be back on track with U.S. technology firms VMware and Intel unveiling plans to expand in the country and generate hundreds of new jobs. Cloud software maker VMware is talking of ...

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