NSAM STAFF REPORT
Computer Sciences Corporation (CSC), a global consulting, systems integration and outsourcing company, has completed its acquisition of BearingPoint’s operation in Brazil. The acquisition enhances the expertise of CSC in domains such as Chemical, Energy and Natural Resource sectors.
Brazil is the ninth largest economy in the world and the county is known as an affordable alternative in the offshore sector. The country has a rich IT culture and lots of skilled professionals in mainframe are available there. The acquisition is expected to help CSC in improving its global delivery model.
The CSC acquisition is also see to assist the company in terms of time zone alignment with US customers. Well known global technology companies such as IBM, EDS, Accenture and TCS among the biggest global operating companies in Brazil.
In Brazil, BearingPoint serves industry leaders in oil, gas and iron ore sector. With BearingPoint Brazil’s acquisition CSC will look to improve its position after declaring bankruptcy in February and selling considerable portions to Deloitte and PwC. The company will now look to take advantage of the highly skilled and comparatively low cost labor available in Brazil. Although issues such as language barriers and security issues still exist, the benefits easily outweigh the challenges, according to CSC.