KPMG LLP, the audit, tax and advisory firm, was positioned by Gartner, Inc., in the Visionaries Quadrant of the analyst organization's recent Magic Quadrant for e-Discovery Software* report.
"We believe Gartner's positioning of KPMG in the Visionaries Quadrant underscores our long-held view that KPMG's e-Discovery services help our clients more effectively meet their needs responding to discovery requests -- whether as part of a litigation, investigation or regulatory proceeding," said Richard H. Girgenti, a KPMG principal and leader of the firm's Forensic service line. "Many organizations have come to rely on our software and experienced litigation and consulting professionals to help cut through complex reservoirs of stored data to comply with e-discovery requests."
Showing posts with label IT Consulting. Show all posts
Showing posts with label IT Consulting. Show all posts
Thursday, May 31, 2012
Wednesday, May 9, 2012
TCS recognized as "Big Four" IT Services brand
Tata Consultancy Services (TCS), a leading IT services, consulting, and business solutions organization, announced, today, that it has been named the 4th most valuable IT services brand worldwide by Brand Finance, the world's leading brand valuation firm. Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world's leading companies. Brand Finance's brand valuations are frequently peer-reviewed by top audit practices, accepted by various regulatory bodies and used by leading global brands as a performance benchmark.
N. Chandrasekaran, CEO & Managing Director of TCS said: "We are extremely pleased with this ranking as it confirms the rapid evolution and recognition of our brand at a global level. In line with the symbolic crossing of the US$ 10 billion revenue mark this year and the global top four position TCS now holds in terms of market capitalization, net income and employees, this achievement on the brand front is a watershed moment in our company's evolution towards a top position in its industry globally."
Through its work with clients, TCS has developed a strong reputation in the IT Services market for reliably delivering business results, providing leadership to drive transformation and partnering for client success. The company has been investing heavily to build up its brand presence worldwide through a full range of activities, which include an award winning global Public Relations programme, major sports sponsorships and a wide range of corporate social responsibility activities. The company's significant portfolio of sports partnerships over the past 5 years have cut across Formula 1 racing, Pro-cycling, Cricket and Running; while its community initiatives have ranged from health and wellness to youth education and environment conservation initiatives.
"The value of the TCS brand has increased rapidly over the past 3 years. Our 2012 rankings marks the first time an emerging markets headquartered firm has entered the top league in IT services," said David Haigh, CEO and founder of Brand Finance. "With a strong brand strategy and a refined sponsorship portfolio TCS has been able to improve both brand awareness and its profile globally. TCS' impressive brand value has gone from strength to strength; firmly establishing the company in the same league as the top western IT services firms - making them sit up and take note."
The world's foremost expert on the strategic practice of marketing - S. C. Johnson and Son Distinguished Professor of International Marketing at the Kellogg School of Management, Northwestern University, Philip Kotler said: "Unreported on most balance sheets, Brand value and reputation yet remain the most important assets for a company in today's hyper-competitive globalized marketplace. In this Marketing 3.0 world, successful modern brands need to reach out not only to the hearts and minds but also the spirits of their target audience. TCS is clearly a company that is getting this right, reflected in significant gains to its brand equity, value and reputation."
2012 Brand Finance Ranking - IT Services - The "Big Four" (Top 4 ranked companies)
Source: http://brandirectory.com/brands/industry_group/IT_Services
About Brand Finance
Brand Finance plc, the world's leading brand valuation consultancy, advises strongly branded organisations on maximising their brand value through effective management of their brands and intangible assets. Founded in 1996, Brand Finance has performed thousands of branded business, brand and intangible asset valuations worth trillions of dollars. Its clients include international brand owners, tax authorities, Intellectual Property lawyers and investment banks. Its work is frequently peer-reviewed by the big four audit practices and its reports have been accepted by various regulatory bodies, including the UK Takeover Panel. Brand Finance is headquartered in London and has a network of international offices in Amsterdam, Bangalore, Barcelona, Cape Town, Colombo, Dubai, Geneva, Helsinki, Hong Kong, Istanbul, Lisbon, Madrid, Moscow, New York, Paris, Sao Paulo, Sydney, Singapore, Toronto and Zagreb.
Read more on Brand Finance here: www.brandfinance.com and the methodology used here: http://brandirectory.com/methodology
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model(TM), recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 238,500 of the world's best-trained consultants in 42 countries. The company generated consolidated revenues of US $10.17 billion for year ended March 31, 2012 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
N. Chandrasekaran, CEO & Managing Director of TCS said: "We are extremely pleased with this ranking as it confirms the rapid evolution and recognition of our brand at a global level. In line with the symbolic crossing of the US$ 10 billion revenue mark this year and the global top four position TCS now holds in terms of market capitalization, net income and employees, this achievement on the brand front is a watershed moment in our company's evolution towards a top position in its industry globally."
Through its work with clients, TCS has developed a strong reputation in the IT Services market for reliably delivering business results, providing leadership to drive transformation and partnering for client success. The company has been investing heavily to build up its brand presence worldwide through a full range of activities, which include an award winning global Public Relations programme, major sports sponsorships and a wide range of corporate social responsibility activities. The company's significant portfolio of sports partnerships over the past 5 years have cut across Formula 1 racing, Pro-cycling, Cricket and Running; while its community initiatives have ranged from health and wellness to youth education and environment conservation initiatives.
"The value of the TCS brand has increased rapidly over the past 3 years. Our 2012 rankings marks the first time an emerging markets headquartered firm has entered the top league in IT services," said David Haigh, CEO and founder of Brand Finance. "With a strong brand strategy and a refined sponsorship portfolio TCS has been able to improve both brand awareness and its profile globally. TCS' impressive brand value has gone from strength to strength; firmly establishing the company in the same league as the top western IT services firms - making them sit up and take note."
The world's foremost expert on the strategic practice of marketing - S. C. Johnson and Son Distinguished Professor of International Marketing at the Kellogg School of Management, Northwestern University, Philip Kotler said: "Unreported on most balance sheets, Brand value and reputation yet remain the most important assets for a company in today's hyper-competitive globalized marketplace. In this Marketing 3.0 world, successful modern brands need to reach out not only to the hearts and minds but also the spirits of their target audience. TCS is clearly a company that is getting this right, reflected in significant gains to its brand equity, value and reputation."
2012 Brand Finance Ranking - IT Services - The "Big Four" (Top 4 ranked companies)
Source: http://brandirectory.com/brands/industry_group/IT_Services
About Brand Finance
Brand Finance plc, the world's leading brand valuation consultancy, advises strongly branded organisations on maximising their brand value through effective management of their brands and intangible assets. Founded in 1996, Brand Finance has performed thousands of branded business, brand and intangible asset valuations worth trillions of dollars. Its clients include international brand owners, tax authorities, Intellectual Property lawyers and investment banks. Its work is frequently peer-reviewed by the big four audit practices and its reports have been accepted by various regulatory bodies, including the UK Takeover Panel. Brand Finance is headquartered in London and has a network of international offices in Amsterdam, Bangalore, Barcelona, Cape Town, Colombo, Dubai, Geneva, Helsinki, Hong Kong, Istanbul, Lisbon, Madrid, Moscow, New York, Paris, Sao Paulo, Sydney, Singapore, Toronto and Zagreb.
Read more on Brand Finance here: www.brandfinance.com and the methodology used here: http://brandirectory.com/methodology
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model(TM), recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 238,500 of the world's best-trained consultants in 42 countries. The company generated consolidated revenues of US $10.17 billion for year ended March 31, 2012 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
Thursday, April 12, 2012
Cognizant Selects Savvis' Cloud Infrastructure Service to Offer Enhanced Business Value and Agility to Clients
Savvis, a CenturyLink company and global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that Cognizant, a leading provider of information technology, consulting and business process outsourcing services, has selected Savvis cloud and data center services to further expand its capabilities to deliver cloud-based solutions.
Cognizant will combine Savvis' services with its market-leading remote infrastructure management, application, consulting and business process services to help its clients drive business transformation, and improve cost and operational efficiencies. Cognizant will use a combination of data center services and a private version of Savvis Symphony Virtual Private Data Center (VPDC), an enterprise-class cloud computing solution.
"Through this strategic agreement, Cognizant will be able to offer exceptional value to clients by pairing our unmatched enterprise-class cloud services with its own significant and established business solutions," said Bill Fathers, president of Savvis. "Cognizant's offering will span processes, systems and infrastructure, delivering business agility and value to its clients. We're excited to work with a best-in-class company like Cognizant on delivering fully integrated, global and market-leading solutions."
"We selected Savvis because of its proven, industry-leading enterprise-class cloud and data center services," said Robert J. Boles Jr., senior vice president of Cognizant's IT Infrastructure Services practice. "By combining Savvis' services with Cognizant's infrastructure services, we will be able to offer full-scale IT outsourcing solutions that transform our clients' existing IT infrastructure into a more flexible, agile and cost-effective utility computing environment."
Cognizant's private-label cloud and data center services will be delivered from Savvis' facilities in Washington, D.C., and London.
About Savvis
Savvis, a CenturyLink company, is a global leader in cloud infrastructure and hosted IT solutions for enterprises. Nearly 2,500 unique clients, including more than 30 of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing.
About CenturyLink
CenturyLink is the third largest telecommunications company in the United States. The company provides broadband, voice, wireless and managed services to consumers and businesses across the country. It also offers advanced entertainment services under the CenturyLink(TM) Prism(TM) TV and DIRECTV brands. In addition, the company provides data, voice and managed services to enterprise, government and wholesale customers in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers. CenturyLink is recognized as a leader in the network services market by key technology industry analyst firms, and is a global leader in cloud infrastructure and hosted IT solutions for enterprises through Savvis, a CenturyLink company. CenturyLink's customers range from Fortune 500 companies in some of the country's largest cities to families living in rural America. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations.
For more information, visit: www.savvis.com or www.centurylink.com.
About Cognizant
Cognizant CTSH +0.74% is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 137,700 employees as of December 31, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
Cognizant will combine Savvis' services with its market-leading remote infrastructure management, application, consulting and business process services to help its clients drive business transformation, and improve cost and operational efficiencies. Cognizant will use a combination of data center services and a private version of Savvis Symphony Virtual Private Data Center (VPDC), an enterprise-class cloud computing solution.
"Through this strategic agreement, Cognizant will be able to offer exceptional value to clients by pairing our unmatched enterprise-class cloud services with its own significant and established business solutions," said Bill Fathers, president of Savvis. "Cognizant's offering will span processes, systems and infrastructure, delivering business agility and value to its clients. We're excited to work with a best-in-class company like Cognizant on delivering fully integrated, global and market-leading solutions."
"We selected Savvis because of its proven, industry-leading enterprise-class cloud and data center services," said Robert J. Boles Jr., senior vice president of Cognizant's IT Infrastructure Services practice. "By combining Savvis' services with Cognizant's infrastructure services, we will be able to offer full-scale IT outsourcing solutions that transform our clients' existing IT infrastructure into a more flexible, agile and cost-effective utility computing environment."
Cognizant's private-label cloud and data center services will be delivered from Savvis' facilities in Washington, D.C., and London.
About Savvis
Savvis, a CenturyLink company, is a global leader in cloud infrastructure and hosted IT solutions for enterprises. Nearly 2,500 unique clients, including more than 30 of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing.
About CenturyLink
CenturyLink is the third largest telecommunications company in the United States. The company provides broadband, voice, wireless and managed services to consumers and businesses across the country. It also offers advanced entertainment services under the CenturyLink(TM) Prism(TM) TV and DIRECTV brands. In addition, the company provides data, voice and managed services to enterprise, government and wholesale customers in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers. CenturyLink is recognized as a leader in the network services market by key technology industry analyst firms, and is a global leader in cloud infrastructure and hosted IT solutions for enterprises through Savvis, a CenturyLink company. CenturyLink's customers range from Fortune 500 companies in some of the country's largest cities to families living in rural America. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations.
For more information, visit: www.savvis.com or www.centurylink.com.
About Cognizant
Cognizant CTSH +0.74% is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 137,700 employees as of December 31, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
Friday, March 30, 2012
KPMG and Apptio Form Business Alliance to Offer Comprehensive IT Solution
KPMG LLP, the U.S. audit, tax and advisory firm, and Apptio, a leading provider of Technology Business Management (TBM) solutions, today announced the formation of a business alliance that can help clients strengthen their Information Technology organizations and processes.
Apptio's TBM solutions enable companies to manage the cost, quality and value of IT Services and key technology initiatives. Global enterprises in industries, such as financial services, healthcare, manufacturing and technology, rely on Apptio to manage more than $101 billion in annual IT spending.
KPMG will leverage Apptio's enterprise Software as a Service (SaaS) platform as well as its applications in IT strategy and CIO advisory engagements to help clients better understand how costs are flowing through their IT infrastructures. The increased understanding can help them make better decisions on key technology initiatives such as applications rationalization, platform standardization, data center consolidation, service-level optimization and storage optimization.
The alliance with Apptio is the latest evidence of the KPMG's growth strategy. "Alliances help us deliver differentiated solutions, technology specialization and complementary services that our clients expect from KPMG," said S. Singh Mecker, KPMG's head of strategic alliances and go-to-market partnerships.
Matt Bishop, KPMG's U.S. leader for IT strategy and performance advisory services, said many companies have expressed interest in transforming their IT departments so that they can deliver greater value.
"By combining KPMG's IT advisory practices with Apptio's TBM solutions, our clients will have a practical roadmap that promises to help them achieve their IT transformation goals," Bishop said.
KPMG has built an Apptio consulting network to deliver configuration services and IT optimization services for joint clients. The network is staffed by practitioners who have undergone extensive Apptio training and certification. Additionally, a broader team of KPMG IT strategy and performance client partners and consultants have been trained on the Apptio solution to help their clients drive IT transformation initiatives.
Sunny Gupta, president and chief executive officer at Apptio, said many Fortune 1000 companies have selected Apptio to achieve greater transparency into the cost of their IT products and services, and to drive significant optimization, process and organizational change.
"KPMG provides a complementary set of experience and services that our customers require to achieve their Technology Business Management objectives," Gupta said. "The deep specialization that KPMG brings to this alliance will lead to increased adoption of TBM in leading enterprises across the globe."
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International Cooperative ("KPMG International.") KPMG International's member firms have 145,000 people, including more than 8,000 partners, in 152 countries.
About Apptio
Apptio is a leading provider of Technology Business Management (TBM) solutions for managing the business of IT. Apptio delivers highly automated and integrated IT processes including transparency, benchmarking, planning, and performance management, enabling CIOs to translate IT capabilities into a language that business leaders understand.
Apptio's TBM solutions enable companies to manage the cost, quality and value of IT Services and key technology initiatives. Global enterprises in industries, such as financial services, healthcare, manufacturing and technology, rely on Apptio to manage more than $101 billion in annual IT spending.
KPMG will leverage Apptio's enterprise Software as a Service (SaaS) platform as well as its applications in IT strategy and CIO advisory engagements to help clients better understand how costs are flowing through their IT infrastructures. The increased understanding can help them make better decisions on key technology initiatives such as applications rationalization, platform standardization, data center consolidation, service-level optimization and storage optimization.
The alliance with Apptio is the latest evidence of the KPMG's growth strategy. "Alliances help us deliver differentiated solutions, technology specialization and complementary services that our clients expect from KPMG," said S. Singh Mecker, KPMG's head of strategic alliances and go-to-market partnerships.
Matt Bishop, KPMG's U.S. leader for IT strategy and performance advisory services, said many companies have expressed interest in transforming their IT departments so that they can deliver greater value.
"By combining KPMG's IT advisory practices with Apptio's TBM solutions, our clients will have a practical roadmap that promises to help them achieve their IT transformation goals," Bishop said.
KPMG has built an Apptio consulting network to deliver configuration services and IT optimization services for joint clients. The network is staffed by practitioners who have undergone extensive Apptio training and certification. Additionally, a broader team of KPMG IT strategy and performance client partners and consultants have been trained on the Apptio solution to help their clients drive IT transformation initiatives.
Sunny Gupta, president and chief executive officer at Apptio, said many Fortune 1000 companies have selected Apptio to achieve greater transparency into the cost of their IT products and services, and to drive significant optimization, process and organizational change.
"KPMG provides a complementary set of experience and services that our customers require to achieve their Technology Business Management objectives," Gupta said. "The deep specialization that KPMG brings to this alliance will lead to increased adoption of TBM in leading enterprises across the globe."
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International Cooperative ("KPMG International.") KPMG International's member firms have 145,000 people, including more than 8,000 partners, in 152 countries.
About Apptio
Apptio is a leading provider of Technology Business Management (TBM) solutions for managing the business of IT. Apptio delivers highly automated and integrated IT processes including transparency, benchmarking, planning, and performance management, enabling CIOs to translate IT capabilities into a language that business leaders understand.
Tuesday, March 27, 2012
Accenture Recognized as a Leading Core Banking Software Provider for Large and Midsized Institutions
Accenture’s core banking system, Alnova Financial Solutions™, received the XCelent Functionality Award for breadth of functionality in Celent’s latest reports on global core banking solutions for large and midsized institutions.(1) It also ranked second in North America sales rankings among seven solutions.(2) Celent is a leading industry analyst firm focused on the application of information technology in the global financial services industry.
Alnova, developed by Accenture Software, earned the XCelent award for “Breadth of Functionality” based upon its range of advanced front- and back-office functionality and diversity of lines of businesses served. Alnova also scored well in the technology category, according to the reports.
“We are honored that Alnova has been recognized for the strength of its functionally,” said Paolo Maresca, head of Accenture Software for Banking. “This award reflects our commitment to core banking innovation and to delivering technologies that directly address the challenges banks face in the new market environment.”
“Core banking renewal, whether it is done incrementally or as a total replacement, has the potential to provide immediate and sustainable growth and efficiency benefits to banks, but only when supported by the right technology,” said Juan Pedro Moreno, global managing director of Accenture Core Banking Services. “Our goal is to provide clients with a range of flexible, functionally-rich solutions that help banks become more efficient and customer centric in today’s cost-intensive and competitive environment.”
Core banking systems are sophisticated technology applications that support banks’ primary services -- from deposit gathering, lending and mortgages to checking, savings, ATM and credit card services and online and mobile banking. They also support a wide range of regulatory reporting and compliance functions for banks.
Alnova Financial Solutions is a leading core banking solution with more than 100 clients in more than 20 countries, including many of the world’s largest and most successful financial institutions. Most recently, the solution has been adopted by one of the leading banks in the U.S. market.
Celent's XCelent Awards were launched in November 2010 to acknowledge vendor excellence. They are designed to help financial institutions and technology providers stay abreast of industry trends by evaluating the shifting vendor marketplace and awarding technology best practices.
Alnova, developed by Accenture Software, earned the XCelent award for “Breadth of Functionality” based upon its range of advanced front- and back-office functionality and diversity of lines of businesses served. Alnova also scored well in the technology category, according to the reports.
“We are honored that Alnova has been recognized for the strength of its functionally,” said Paolo Maresca, head of Accenture Software for Banking. “This award reflects our commitment to core banking innovation and to delivering technologies that directly address the challenges banks face in the new market environment.”
“Core banking renewal, whether it is done incrementally or as a total replacement, has the potential to provide immediate and sustainable growth and efficiency benefits to banks, but only when supported by the right technology,” said Juan Pedro Moreno, global managing director of Accenture Core Banking Services. “Our goal is to provide clients with a range of flexible, functionally-rich solutions that help banks become more efficient and customer centric in today’s cost-intensive and competitive environment.”
Core banking systems are sophisticated technology applications that support banks’ primary services -- from deposit gathering, lending and mortgages to checking, savings, ATM and credit card services and online and mobile banking. They also support a wide range of regulatory reporting and compliance functions for banks.
Alnova Financial Solutions is a leading core banking solution with more than 100 clients in more than 20 countries, including many of the world’s largest and most successful financial institutions. Most recently, the solution has been adopted by one of the leading banks in the U.S. market.
Celent's XCelent Awards were launched in November 2010 to acknowledge vendor excellence. They are designed to help financial institutions and technology providers stay abreast of industry trends by evaluating the shifting vendor marketplace and awarding technology best practices.
Tuesday, March 20, 2012
Tata Consultancy Services Launches Center of Excellence for Oracle Exadata
Tata Consultancy Services (TCS), a leading IT services, consulting, and business solutions organization, announced today the official opening of its Center of Excellence for Oracle Exadata Database Machine. Located in Kolkata, India, TCS' new state-of-the-art facility is dedicated to showcasing the capabilities of Oracle Exadata Database Machine for customers across industries and geographies. TCS is a Diamond level member in Oracle PartnerNetwork (OPN) and has achieved multiple Specializations including an Advanced Specialization for Oracle Exadata Database Machine.
The Oracle Exadata Database Machine is the only database machine that provides extreme performance for both data warehousing and online transaction processing (OLTP) workloads, making it the ideal platform for consolidating onto private clouds. It is a complete package of servers, storage, networking, and software that is massively scalable, secure, and redundant.
"We are committed to helping our customers benefit from the latest technologies and leverage best practices so that they can bring innovative products to the market faster than their competitors," said Sridhar Bakshi, Global Head of Oracle Enterprise Solutions at TCS. "With our new Center of Excellence for Oracle Exadata Database Machine, we are unveiling a valuable resource for our customers who want to see first-hand the impact that Oracle Exadata can have on their business today and in the future."
TCS offers its customers end-to-end consulting services, from strategy formulation to maintenance and support. TCS helps clients leverage Oracle applications and technologies – including Oracle Fusion Applications, the Oracle E-Business Suite, Oracle's PeopleSoft, Oracle's JD Edwards, Oracle's Siebel CRM, Oracle Fusion Middleware and Oracle Database – to optimize performance and succeed in the evolving business environment. TCS has over 15,000 Oracle consultants, of which more than 4,000 are OPN-Implementation Certified.
"TCS' new Center of Excellence for Oracle Exadata is a strong example of our commitment to delivering engineered systems that help our customers drive efficiencies, innovate and gain a competitive edge," said Michelle Montalvo, Vice President, Global System Integrator Alliances, Oracle. "We look forward to seeing our customers utilize this facility to impact their businesses."
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™ (GNDM), recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 226,000 of the world's best-trained consultants in 42 countries. The company generated consolidated revenues of US $8.2 billion for year ended March 31, 2011 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
About the Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle's products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit: http://www.oracle.com/partners.
About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com.
The Oracle Exadata Database Machine is the only database machine that provides extreme performance for both data warehousing and online transaction processing (OLTP) workloads, making it the ideal platform for consolidating onto private clouds. It is a complete package of servers, storage, networking, and software that is massively scalable, secure, and redundant.
"We are committed to helping our customers benefit from the latest technologies and leverage best practices so that they can bring innovative products to the market faster than their competitors," said Sridhar Bakshi, Global Head of Oracle Enterprise Solutions at TCS. "With our new Center of Excellence for Oracle Exadata Database Machine, we are unveiling a valuable resource for our customers who want to see first-hand the impact that Oracle Exadata can have on their business today and in the future."
TCS offers its customers end-to-end consulting services, from strategy formulation to maintenance and support. TCS helps clients leverage Oracle applications and technologies – including Oracle Fusion Applications, the Oracle E-Business Suite, Oracle's PeopleSoft, Oracle's JD Edwards, Oracle's Siebel CRM, Oracle Fusion Middleware and Oracle Database – to optimize performance and succeed in the evolving business environment. TCS has over 15,000 Oracle consultants, of which more than 4,000 are OPN-Implementation Certified.
"TCS' new Center of Excellence for Oracle Exadata is a strong example of our commitment to delivering engineered systems that help our customers drive efficiencies, innovate and gain a competitive edge," said Michelle Montalvo, Vice President, Global System Integrator Alliances, Oracle. "We look forward to seeing our customers utilize this facility to impact their businesses."
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™ (GNDM), recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 226,000 of the world's best-trained consultants in 42 countries. The company generated consolidated revenues of US $8.2 billion for year ended March 31, 2011 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
About the Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle's products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit: http://www.oracle.com/partners.
About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com.
Thursday, March 1, 2012
EMC Helps Customers Enable Trusted IT with Five New Security and Risk Management Advisory Services
EMC Corporation has announced the availability of five new Security and Risk Management Advisory Services designed to enable organizations to build new levels of trust and control for next-generation IT infrastructures. Developed by EMC Consulting, the new set of comprehensive offerings help ensure customers' confidence that their information is secure, compliant with regulations and meets their unique business requirements.
Virtualization, cloud computing, mobile technologies, and the emergence of a new class of Big Data applications have dramatically altered how organizations create, deliver, and manage information. The sudden openness of information within rapidly expanding IT infrastructures, application portfolios and cloud environments could expose organizations to new forms of risk. IT and security teams are hindered from maintaining direct control over IT resources--at a time when organizations have near-total reliance on digital assets, and operate within an increasingly complex landscape of compliance requirements and security threats.
To help organizations re-establish deeper visibility into, and tighter control over, their digital assets, EMC is announcing five new Security and Risk Management Advisory Services:
Trusted Cloud Advisory Services are designed to build trust in an organization's next-generation IT architecture. These services leverage EMC's deep experience in identity, information, and infrastructure security, providing visibility into, and control of, an organization's private and public cloud environments.
Information Governance Advisory Services were created to enable the development of a cohesive approach to information governance. Organizations better understand where information lives, how it's delivered and accessed, and how it's used and governed in order to facilitate safe, efficient stewardship of high-value information.
Governance, Risk, and Compliance Advisory Services are designed to identify, analyze, manage, and mitigate risks. These services bring governance and visibility to risk management, providing confidence that information is secure, compliant with regulations, and meets specific business requirements.
Fraud and Identity Management Advisory Services help organizations cope with the complex, evolving threat landscape. Clients can protect sensitive information, while allowing trusted identities to freely and securely interact with online systems in ways that increase efficiency, improve customer satisfaction, and control costs. Business agility is balanced with the appropriate levels of security and authentication.
Mobile Device Security Advisory Services were developed to allow organizations to extend their current enterprise security policies and controls to help mitigate the rapidly escalating risks associated with providing mobile devices access to sensitive data and resources.
The new EMC Security and Risk Management services portfolio extends the security offerings of EMC Consulting and RSA, which are backed by hundreds of certified security professionals with extensive governance, risk, compliance, and security management experience. The proven security track record of EMC and RSA help enterprises transition from reactive security methods to a proactive security approach.
Industry Analyst QuoteChris Christiansen, Program Vice President, Security Products & Services, IDC
"Security culpability is no longer the responsibility of just the CISO. The demand for broadened information access and an increasingly interconnected mobile workforce is exposing sensitive corporate data to new forms of risk and leakage. EMC's new Security and Risk Management Services are the ideal remedy to lock down access control and identify IT infrastructure security gaps before they become problematic or worse, irrevocably damaging."
Tom Roloff, COO, EMC Consulting, said, "Organizations today face unprecedented levels of security, risk, and compliance challenges and threats. Businesses of all sizes are being forced to make their information resources easily available to authenticated users anytime, anywhere. The new EMC security and risk management services portfolio leverages the expertise and proven track record of EMC Consulting security professionals to enable customers to build, maintain, and cost effectively operate the trusted IT environments they require."
Branden Williams, CTO Marketing, RSA, said, "Through its security services, EMC Consulting has pinpointed several IT infrastructure areas where organizations absolutely require strategic guidance to stay ahead of new security risks and business challenges. By combining these new security and risk management services with RSA's expanding product portfolio, EMC's security proposition has never been stronger."
About EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset -- information -- in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
Virtualization, cloud computing, mobile technologies, and the emergence of a new class of Big Data applications have dramatically altered how organizations create, deliver, and manage information. The sudden openness of information within rapidly expanding IT infrastructures, application portfolios and cloud environments could expose organizations to new forms of risk. IT and security teams are hindered from maintaining direct control over IT resources--at a time when organizations have near-total reliance on digital assets, and operate within an increasingly complex landscape of compliance requirements and security threats.
To help organizations re-establish deeper visibility into, and tighter control over, their digital assets, EMC is announcing five new Security and Risk Management Advisory Services:
Trusted Cloud Advisory Services are designed to build trust in an organization's next-generation IT architecture. These services leverage EMC's deep experience in identity, information, and infrastructure security, providing visibility into, and control of, an organization's private and public cloud environments.
Information Governance Advisory Services were created to enable the development of a cohesive approach to information governance. Organizations better understand where information lives, how it's delivered and accessed, and how it's used and governed in order to facilitate safe, efficient stewardship of high-value information.
Governance, Risk, and Compliance Advisory Services are designed to identify, analyze, manage, and mitigate risks. These services bring governance and visibility to risk management, providing confidence that information is secure, compliant with regulations, and meets specific business requirements.
Fraud and Identity Management Advisory Services help organizations cope with the complex, evolving threat landscape. Clients can protect sensitive information, while allowing trusted identities to freely and securely interact with online systems in ways that increase efficiency, improve customer satisfaction, and control costs. Business agility is balanced with the appropriate levels of security and authentication.
Mobile Device Security Advisory Services were developed to allow organizations to extend their current enterprise security policies and controls to help mitigate the rapidly escalating risks associated with providing mobile devices access to sensitive data and resources.
The new EMC Security and Risk Management services portfolio extends the security offerings of EMC Consulting and RSA, which are backed by hundreds of certified security professionals with extensive governance, risk, compliance, and security management experience. The proven security track record of EMC and RSA help enterprises transition from reactive security methods to a proactive security approach.
Industry Analyst QuoteChris Christiansen, Program Vice President, Security Products & Services, IDC
"Security culpability is no longer the responsibility of just the CISO. The demand for broadened information access and an increasingly interconnected mobile workforce is exposing sensitive corporate data to new forms of risk and leakage. EMC's new Security and Risk Management Services are the ideal remedy to lock down access control and identify IT infrastructure security gaps before they become problematic or worse, irrevocably damaging."
Tom Roloff, COO, EMC Consulting, said, "Organizations today face unprecedented levels of security, risk, and compliance challenges and threats. Businesses of all sizes are being forced to make their information resources easily available to authenticated users anytime, anywhere. The new EMC security and risk management services portfolio leverages the expertise and proven track record of EMC Consulting security professionals to enable customers to build, maintain, and cost effectively operate the trusted IT environments they require."
Branden Williams, CTO Marketing, RSA, said, "Through its security services, EMC Consulting has pinpointed several IT infrastructure areas where organizations absolutely require strategic guidance to stay ahead of new security risks and business challenges. By combining these new security and risk management services with RSA's expanding product portfolio, EMC's security proposition has never been stronger."
About EMC
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset -- information -- in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
Thursday, February 9, 2012
Global IT Consulting Market to Reach US$255 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global outlook on the IT Consulting Industry. After going through a rough patch during the recession, the global IT consulting market is witnessing resurgence driven by the rising IT expenditures of governments and enterprises across various countries. The market is also benefiting from the strong commitment of players towards appropriately demonstrating the value of their services in mitigating financial risks and coping with uncertainties.
During the recent recession, the global IT consulting market exhibited steady growth as enterprises continued to seek consulting services for survival in a challenging market environment. The demand drivers for IT consulting fundamentally changed under the impact of recession. Growth is now driven by factors such as a strong natural demand, increased role of off shoring and globalization, shortage of talent in the advanced countries, and the superiority of offshore labor market. IT consulting continues to play a crucial role in enhancing competitiveness of companies in the international markets. An ideal IT consulting engagement would render successful management of every day challenges within the IT operations of an organization.
One of the major trends in the global IT Consulting market is the opportunities brought in by some of the latest technologies such as cloud computing and others. Cloud services are now an important area attracting attention and investment of service providers mainly because of the cost benefits offered. Also, adoption of virtualization in both emerging as well as mature markets is happening at a faster pace than before. Virtualization consulting, which covers pre-sales consulting and integration is expected to witness increased demand against such a backdrop. Consulting companies are playing a major role in helping the transition of enterprises to such new technologies.
India, China and Australia are expected to be the major economies spending significantly on IT services in Asia, mainly riding on the outsourcing wave as well as cloud and smart infrastructure. The consulting business in India initially started off on basis of cost arbitrage, with enterprises from Western countries looking towards Indian IT industry as a low cost provider of consulting services. However, with increasing globalization, Indian IT consultants are more sought for knowledge, innovation and scalability offered. India holds strong potential to emerge as a lucrative KPO destination in future with full service offerings including capacity planning, data center managements and other associated services that follow consulting. Nevertheless, the industry faces strong competition from China. Several IT consulting companies have emerged in China, which are capable of delivering work, quality of which is very close to that of Indian service providers.
The leading ten business and IT consulting service providers together account for only 30% of the fragmented and heterogeneous market. The remaining market is accounted for by several smaller service providers. However, while the global market is highly fragmented, few regional markets are relatively more concentrated.
The research report titled "IT Consulting: A Global Outlook" announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global IT consulting market, identifies major trends and growth drivers. Market discussions in the report are punctuated with a number of fact-rich market data tables. Regional markets elaborated upon include United States, Canada, France, Germany, Italy, UK, India, China, Indonesia, Japan and Latin America. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, please visit -
www.strategyr.com/IT_Consulting_Industry_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
During the recent recession, the global IT consulting market exhibited steady growth as enterprises continued to seek consulting services for survival in a challenging market environment. The demand drivers for IT consulting fundamentally changed under the impact of recession. Growth is now driven by factors such as a strong natural demand, increased role of off shoring and globalization, shortage of talent in the advanced countries, and the superiority of offshore labor market. IT consulting continues to play a crucial role in enhancing competitiveness of companies in the international markets. An ideal IT consulting engagement would render successful management of every day challenges within the IT operations of an organization.
One of the major trends in the global IT Consulting market is the opportunities brought in by some of the latest technologies such as cloud computing and others. Cloud services are now an important area attracting attention and investment of service providers mainly because of the cost benefits offered. Also, adoption of virtualization in both emerging as well as mature markets is happening at a faster pace than before. Virtualization consulting, which covers pre-sales consulting and integration is expected to witness increased demand against such a backdrop. Consulting companies are playing a major role in helping the transition of enterprises to such new technologies.
India, China and Australia are expected to be the major economies spending significantly on IT services in Asia, mainly riding on the outsourcing wave as well as cloud and smart infrastructure. The consulting business in India initially started off on basis of cost arbitrage, with enterprises from Western countries looking towards Indian IT industry as a low cost provider of consulting services. However, with increasing globalization, Indian IT consultants are more sought for knowledge, innovation and scalability offered. India holds strong potential to emerge as a lucrative KPO destination in future with full service offerings including capacity planning, data center managements and other associated services that follow consulting. Nevertheless, the industry faces strong competition from China. Several IT consulting companies have emerged in China, which are capable of delivering work, quality of which is very close to that of Indian service providers.
The leading ten business and IT consulting service providers together account for only 30% of the fragmented and heterogeneous market. The remaining market is accounted for by several smaller service providers. However, while the global market is highly fragmented, few regional markets are relatively more concentrated.
The research report titled "IT Consulting: A Global Outlook" announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global IT consulting market, identifies major trends and growth drivers. Market discussions in the report are punctuated with a number of fact-rich market data tables. Regional markets elaborated upon include United States, Canada, France, Germany, Italy, UK, India, China, Indonesia, Japan and Latin America. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, please visit -
www.strategyr.com/IT_Consulting_Industry_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Wednesday, January 18, 2012
CSC and Aria Systems Announce Commercial Availability of CSC CloudBill(TM) to Online Businesses in Europe
CSC and Aria Systems today announced the commercial availability of CSC CloudBill(TM) to businesses in the European market. CSC CloudBill is a billing and subscription management solution delivered "as a service" that provides online businesses with a more efficient way to monetize their products and services.
The solution is hosted in the CSC Trusted Cloud Datacenter and is built on Aria Systems' Software as a Service (SaaS) platform. Unlike large, capital-intensive billers and niche providers, CSC CloudBill is the only monetization platform that encompasses the full customer lifecycle from subscription management to billing in an as a service environment.
CSC's consulting, systems integration and cloud technology leadership, combined with Aria's industry-leading platform, offers a low-cost, flexible subscription billing and recurring revenue management tool to the market. Initially, the two companies will enable European clients to enter new markets quickly, manage complex pricing schemes, accelerate time to market and optimize sales strategies to increase revenue and cash flow.
"In today's fast-paced and hyper-competitive e-commerce environment, companies need to get to market quickly, offer differentiated products and services and generate revenue accurately -- and the powerful duo of CSC and Aria are providing a user-friendly, effective recurring revenue subscription and billing solution that accomplishes all of this at a low-cost point of entry," said Mary Jo Morris, president, Technology and Consumer Group, CSC. "CSC has more than 25 years of experience supporting clients across industry segments with their billing needs, and in CloudBill has consolidated these best practices in an intuitive and integrated management tool."
"The European billing industry is ready for a cloud-based transformation," said Mike Morini, president and CEO of Aria Systems. "CSC's CloudBill service, powered by Aria, is perfect for companies launching new recurring revenue businesses in a PCI-compliant environment."
Earlier in 2011, CSC and Aria Systems announced a global agreement to collaborate on cloud subscription billing and recurring revenue management. As part of the agreement, CSC has adopted the Aria Systems platform as the foundation of CloudBill, and today's announcement reaffirms both companies' commitment to offering a competitive cloud-based solution.
For more information about CSC's cloud services, visit www.csc.com/cloud.
About Aria Systems
Aria Systems is the subscription billing and management market leader serving Global 2000 companies. The Aria Subscription Billing Platform is the industry's only enterprise-class solution that automates the entire subscriber life cycle for all recurring revenue models. Disney, Pitney Bowes, Ingersoll Rand, DreamWorks, EMC, Internap, Roku, VMware, Taleo, and HootSuite all rely on Aria for fast time-to-market, low operational costs, and monetization flexibility. For more information, visit www.ariasystems.com.
About CSC
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 97,000 employees and reported revenue of $16.2 billion for the 12 months ended September 30, 2011. For more information, visit the company's website at www.csc.com.
The solution is hosted in the CSC Trusted Cloud Datacenter and is built on Aria Systems' Software as a Service (SaaS) platform. Unlike large, capital-intensive billers and niche providers, CSC CloudBill is the only monetization platform that encompasses the full customer lifecycle from subscription management to billing in an as a service environment.
CSC's consulting, systems integration and cloud technology leadership, combined with Aria's industry-leading platform, offers a low-cost, flexible subscription billing and recurring revenue management tool to the market. Initially, the two companies will enable European clients to enter new markets quickly, manage complex pricing schemes, accelerate time to market and optimize sales strategies to increase revenue and cash flow.
"In today's fast-paced and hyper-competitive e-commerce environment, companies need to get to market quickly, offer differentiated products and services and generate revenue accurately -- and the powerful duo of CSC and Aria are providing a user-friendly, effective recurring revenue subscription and billing solution that accomplishes all of this at a low-cost point of entry," said Mary Jo Morris, president, Technology and Consumer Group, CSC. "CSC has more than 25 years of experience supporting clients across industry segments with their billing needs, and in CloudBill has consolidated these best practices in an intuitive and integrated management tool."
"The European billing industry is ready for a cloud-based transformation," said Mike Morini, president and CEO of Aria Systems. "CSC's CloudBill service, powered by Aria, is perfect for companies launching new recurring revenue businesses in a PCI-compliant environment."
Earlier in 2011, CSC and Aria Systems announced a global agreement to collaborate on cloud subscription billing and recurring revenue management. As part of the agreement, CSC has adopted the Aria Systems platform as the foundation of CloudBill, and today's announcement reaffirms both companies' commitment to offering a competitive cloud-based solution.
For more information about CSC's cloud services, visit www.csc.com/cloud.
About Aria Systems
Aria Systems is the subscription billing and management market leader serving Global 2000 companies. The Aria Subscription Billing Platform is the industry's only enterprise-class solution that automates the entire subscriber life cycle for all recurring revenue models. Disney, Pitney Bowes, Ingersoll Rand, DreamWorks, EMC, Internap, Roku, VMware, Taleo, and HootSuite all rely on Aria for fast time-to-market, low operational costs, and monetization flexibility. For more information, visit www.ariasystems.com.
About CSC
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 97,000 employees and reported revenue of $16.2 billion for the 12 months ended September 30, 2011. For more information, visit the company's website at www.csc.com.
Friday, January 13, 2012
PA Consulting Group Acquires 7Safe Ltd to Enhance its Cyber Security Service
PA Consulting Group is pleased to announce that it has acquired 7Safe Ltd, a leading cyber security consultancy head-quartered in Cambridge. 7Safe's expertise in security risk assessment, computer forensics, eDiscovery and educationcomplements PA's own long-established cyber security, risk and resiliencecapability, which has been in high demand in securing the businesses of both public and private sector clients.
The acquisition of 7Safemeans that PA now offers amarket-leading, end-to-end cyber security service - helping organisations become more secure while making the most of the opportunities that cyberspace presents.7Safe's deep testing and forensic skills will complement PA's wider cyber security experience andexpertise.
Jon Moynihan, Executive Chairman at PA Consulting Group, stated: "We are very pleased that 7Safe has chosen to join PA, thus rounding out our already extensive set of capabilities in cyber security. 7Safe are our kind of people; they have the same highly professional, ethical and people-focused approach to business as PA. The combination of the two businesses will enable us to meet all of our clients' cyber security needs. We are delighted to welcome 7Safe into the PA group."
Alan Phillips, co-founder of 7Safe, says:"We are all excited by the opportunities that this provides to better help our clients. Cyberspace offers great opportunities for businesses; we can help ensure that their operations are conducted safely and with resilience. PA has an enviable market reputation for delivering cyber security solutions. We are delighted to join forces to provide an integrated range of cybersecurity services to clients."
Neira Jones, Head of Payment Security, Barclaycard, says: "Barclaycard and 7Safe have been working together for over four years, ensuring the security of online payments around the world from all of our global partners. We look forward to working with PA and 7Safe in the future, as they bring together both specialist technical capabilities and wider cyber security, IT, management and technology expertise."
7Safe formally became part of the PA Group of companies on 1 January 2012.
For more information, visit http://www.paconsulting.com/cybersecurity.
About PA Consulting Group
We are a firm of more than 2,000 people, specialising in management and IT consulting, technology and innovation. Independent and employee-owned, we operate globally from offices across Europe and the Nordics, the United States, the Gulf and Asia Pacific.
We work with businesses and governments to anticipate, understand and meet the challenges they face. We have outstanding technology-development capability and a unique breadth of skills, from strategy to performance improvement, from HR to IT. Our expertise covers energy, financial services, life sciences and healthcare, government and public services, defence and security, transport and logistics, telecommunications, consumer goods and automotive
PA has extensive experience working closely with our clients in both the public and private sectors at the forefront of cyber security. From world-leading energy firms to major government departments, we help organisations significantly strengthen security and reduce risk - and ultimately, improve business performance. We take an integrated and practical approach to cyber security, bringing together people, organisational and technical elements to create an effective strategy for protecting business assets.
About 7Safe
7Safe is aleading technical cyber consulting company, which specialises in penetration testing, forensics, e-Discovery, PCI DSS and MSc-accredited education. It is one of Barclaycard's preferred data security auditors, helped the Association of Chief Police Officers author its guidance on forensics and provides specialist training into some of the most sensitive parts of UK government.
The deal was originated and managed by Baker Tilly's Corporate Finance team, led by Tom Gallop.
The acquisition of 7Safemeans that PA now offers amarket-leading, end-to-end cyber security service - helping organisations become more secure while making the most of the opportunities that cyberspace presents.7Safe's deep testing and forensic skills will complement PA's wider cyber security experience andexpertise.
Jon Moynihan, Executive Chairman at PA Consulting Group, stated: "We are very pleased that 7Safe has chosen to join PA, thus rounding out our already extensive set of capabilities in cyber security. 7Safe are our kind of people; they have the same highly professional, ethical and people-focused approach to business as PA. The combination of the two businesses will enable us to meet all of our clients' cyber security needs. We are delighted to welcome 7Safe into the PA group."
Alan Phillips, co-founder of 7Safe, says:"We are all excited by the opportunities that this provides to better help our clients. Cyberspace offers great opportunities for businesses; we can help ensure that their operations are conducted safely and with resilience. PA has an enviable market reputation for delivering cyber security solutions. We are delighted to join forces to provide an integrated range of cybersecurity services to clients."
Neira Jones, Head of Payment Security, Barclaycard, says: "Barclaycard and 7Safe have been working together for over four years, ensuring the security of online payments around the world from all of our global partners. We look forward to working with PA and 7Safe in the future, as they bring together both specialist technical capabilities and wider cyber security, IT, management and technology expertise."
7Safe formally became part of the PA Group of companies on 1 January 2012.
For more information, visit http://www.paconsulting.com/cybersecurity.
About PA Consulting Group
We are a firm of more than 2,000 people, specialising in management and IT consulting, technology and innovation. Independent and employee-owned, we operate globally from offices across Europe and the Nordics, the United States, the Gulf and Asia Pacific.
We work with businesses and governments to anticipate, understand and meet the challenges they face. We have outstanding technology-development capability and a unique breadth of skills, from strategy to performance improvement, from HR to IT. Our expertise covers energy, financial services, life sciences and healthcare, government and public services, defence and security, transport and logistics, telecommunications, consumer goods and automotive
PA has extensive experience working closely with our clients in both the public and private sectors at the forefront of cyber security. From world-leading energy firms to major government departments, we help organisations significantly strengthen security and reduce risk - and ultimately, improve business performance. We take an integrated and practical approach to cyber security, bringing together people, organisational and technical elements to create an effective strategy for protecting business assets.
About 7Safe
7Safe is aleading technical cyber consulting company, which specialises in penetration testing, forensics, e-Discovery, PCI DSS and MSc-accredited education. It is one of Barclaycard's preferred data security auditors, helped the Association of Chief Police Officers author its guidance on forensics and provides specialist training into some of the most sensitive parts of UK government.
The deal was originated and managed by Baker Tilly's Corporate Finance team, led by Tom Gallop.
Tuesday, January 10, 2012
Atos Acquires MSL Group to Create Leader in Sports and Major Events IT Industry
Atos, an international IT services company and worldwide IT Partner for the Olympic and Paralympic Games, today announced that it will acquire a 50% stake in MSL Group, provider of real-time results and information systems for major sports events. The deal which is expected to close by 31st March 2012 also includes an option for Atos to acquire the full company of MSL Group.
MSL Group annual revenues are around 15 million Euros. Together the two entities - MSL Group and Atos Major Events - will create within Atos, a leader in the Sports and Major Events IT industry with about 500 specialized business technologists integrating teams of up to 5000 IT experts to support major events.
The deal seals a long term relationship that started with the Barcelona 1992 Summer Olympics. Both MSL Group and Atos Major Events have long term experience in the sports and other events IT industry and offer highly complementary services. Together they will have the expertise and portfolio of services to support medium and large sporting events worldwide from the Tennis Master Series through to the Olympic Games.
Patrick Adiba Chief Executive Officer, Iberia, Olympics & Major Events at Atos, said: "Today's announcement marks a major milestone in our strategy to be the global IT leader for major events. We have a strong heritage in this specialized IT, having delivered 50 successful global events worldwide since 1989.
"By joining forces with MSL Group, we have a strengthened portfolio that will ensure our business technologists can continue to write history for sporting and major events around the world and that as a business we increase our market share as well as value from each deal."
Jose Alberto Jaen, Founder of MSL Group, said: "I am delighted to be working with Atos, a recognized leader in the IT sports industry. Our experience and expertise is extremely complementary and I am very excited that through this deal, we will have the opportunity to support some of the biggest sporting events in the world."
The new combined portfolio provides the full range of services required to stage world class sports events from timing and scoring through to Information Diffusion Systems that distribute the results to international media, news agencies, websites and TV graphics. It also includes Games Management systems, System Integration and Games Times Operations. Atos is supporting delivery of smart stadium solutions for major events, incorporating the key infrastructure and solutions into stadiums or events arenas to make them more versatile for the operators and to enhance the spectator´s experience.
Employees from both MSL Group and Atos Major Events are based in Spain and will start to collaborate immediately on key projects and new developments.
About Atos
Atos is an international information technology services company with annual revenues of EUR 8.6 billion and 74,000 employees in 42 countries. Serving a global client base, it delivers hi-tech transactional services, consulting, systems integration and managed services. Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. It is the Worldwide Information Technology Partner for the Olympic Games and is quoted on the Paris Eurolist Market. Atos operates under the brands Atos, Atos Consulting, Atos Worldline and Atos Worldgrid.
About MSL
For over 25 years MSL Group has successfully worked to provide real-time computerized Results and Information Systems for Major Sports Events, as well as other International and National level events.
MSL Group has provided its services in more than 50 countries and participated in the most important Games such as the Olympics and Paralympics, Asian, PanAm, Commonwealth, Mediterranean, African, Central American and Caribbean, Universiades and a long etcetera. MSL has also worked in many other relevant Events for most of the International Federations.
MSL Group has developed a wide range of products and services including Timing and Scoring Devices, Results Systems, TV Graphics & Character Generators, Commentator Information Systems, Games Management, Ticketing Solutions, and Federation Management tools.
MSL Group annual revenues are around 15 million Euros. Together the two entities - MSL Group and Atos Major Events - will create within Atos, a leader in the Sports and Major Events IT industry with about 500 specialized business technologists integrating teams of up to 5000 IT experts to support major events.
The deal seals a long term relationship that started with the Barcelona 1992 Summer Olympics. Both MSL Group and Atos Major Events have long term experience in the sports and other events IT industry and offer highly complementary services. Together they will have the expertise and portfolio of services to support medium and large sporting events worldwide from the Tennis Master Series through to the Olympic Games.
Patrick Adiba Chief Executive Officer, Iberia, Olympics & Major Events at Atos, said: "Today's announcement marks a major milestone in our strategy to be the global IT leader for major events. We have a strong heritage in this specialized IT, having delivered 50 successful global events worldwide since 1989.
"By joining forces with MSL Group, we have a strengthened portfolio that will ensure our business technologists can continue to write history for sporting and major events around the world and that as a business we increase our market share as well as value from each deal."
Jose Alberto Jaen, Founder of MSL Group, said: "I am delighted to be working with Atos, a recognized leader in the IT sports industry. Our experience and expertise is extremely complementary and I am very excited that through this deal, we will have the opportunity to support some of the biggest sporting events in the world."
The new combined portfolio provides the full range of services required to stage world class sports events from timing and scoring through to Information Diffusion Systems that distribute the results to international media, news agencies, websites and TV graphics. It also includes Games Management systems, System Integration and Games Times Operations. Atos is supporting delivery of smart stadium solutions for major events, incorporating the key infrastructure and solutions into stadiums or events arenas to make them more versatile for the operators and to enhance the spectator´s experience.
Employees from both MSL Group and Atos Major Events are based in Spain and will start to collaborate immediately on key projects and new developments.
About Atos
Atos is an international information technology services company with annual revenues of EUR 8.6 billion and 74,000 employees in 42 countries. Serving a global client base, it delivers hi-tech transactional services, consulting, systems integration and managed services. Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. It is the Worldwide Information Technology Partner for the Olympic Games and is quoted on the Paris Eurolist Market. Atos operates under the brands Atos, Atos Consulting, Atos Worldline and Atos Worldgrid.
About MSL
For over 25 years MSL Group has successfully worked to provide real-time computerized Results and Information Systems for Major Sports Events, as well as other International and National level events.
MSL Group has provided its services in more than 50 countries and participated in the most important Games such as the Olympics and Paralympics, Asian, PanAm, Commonwealth, Mediterranean, African, Central American and Caribbean, Universiades and a long etcetera. MSL has also worked in many other relevant Events for most of the International Federations.
MSL Group has developed a wide range of products and services including Timing and Scoring Devices, Results Systems, TV Graphics & Character Generators, Commentator Information Systems, Games Management, Ticketing Solutions, and Federation Management tools.
Thursday, January 5, 2012
Deloitte Acquires Ubermind; Establishes Lead in the Mobile Revolution
Expanding its leading-edge business, systems integration and enterprise technology capabilities, Deloitte today announced the acquisition of Ubermind, Inc., an innovative mobile agency. Terms of the deal were not disclosed.
"Mobile technologies are rapidly reshaping the nature of business. This represents a significant opportunity for companies to develop new interaction models with customers, employees and stakeholders," says Janet Foutty, national managing director, technology, Deloitte Consulting LLP.
Based in Seattle, Wash., Ubermind's mobile strategy, engineering, design and creative talent transform the way companies use mobile solutions, using disruptive technologies to create inspiring and intuitive mobile applications designed to both strengthen brand and transform the business. Ubermind complements Deloitte with extraordinary talent, tools and assets that are customized to the mobile development lifecycle, including proprietary frameworks and methodologies.
"By leveraging the strength of Deloitte's global access, industry insight and deep talent, this acquisition allows us to provide even greater insight into the business and technology issues facing organizations today," says Shehryar Khan, chief executive officer of Ubermind, Inc. "Ubermind's complementary industry footprint enhances our collective ability to deliver tailored solutions to meet clients' specific needs." Khan, along with Ubermind founder Donald Brady, joins Deloitte Consulting LLP as principals.
With this acquisition, the full circle of creative business technology for the enterprise is complete. Industry-focused mobile apps, designed from the ground up for enterprise integration and market deployment help clients address virtually any digital technology challenge in their business—now and toward the future.
"From the boardroom to the living room, and everywhere in between, the next-generation enterprise is upon us," continues Foutty. "Fusing the art and science of emerging technologies is revolutionizing our clients' businesses—as well as our own. The acquisition combines the creative and technical strengths of both organizations to bring depth and scale to digital strategy, design, engineering and integration for the marketplace."
This transaction amplifies Deloitte's full lifecycle professional services relating to strategy, creative, mobile, web, eCommerce, content and enterprise mobile enablement to help clients gain business advantage. For more information, please visit www.deloitte.com/us/ubermind.
As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
"Mobile technologies are rapidly reshaping the nature of business. This represents a significant opportunity for companies to develop new interaction models with customers, employees and stakeholders," says Janet Foutty, national managing director, technology, Deloitte Consulting LLP.
Based in Seattle, Wash., Ubermind's mobile strategy, engineering, design and creative talent transform the way companies use mobile solutions, using disruptive technologies to create inspiring and intuitive mobile applications designed to both strengthen brand and transform the business. Ubermind complements Deloitte with extraordinary talent, tools and assets that are customized to the mobile development lifecycle, including proprietary frameworks and methodologies.
"By leveraging the strength of Deloitte's global access, industry insight and deep talent, this acquisition allows us to provide even greater insight into the business and technology issues facing organizations today," says Shehryar Khan, chief executive officer of Ubermind, Inc. "Ubermind's complementary industry footprint enhances our collective ability to deliver tailored solutions to meet clients' specific needs." Khan, along with Ubermind founder Donald Brady, joins Deloitte Consulting LLP as principals.
With this acquisition, the full circle of creative business technology for the enterprise is complete. Industry-focused mobile apps, designed from the ground up for enterprise integration and market deployment help clients address virtually any digital technology challenge in their business—now and toward the future.
"From the boardroom to the living room, and everywhere in between, the next-generation enterprise is upon us," continues Foutty. "Fusing the art and science of emerging technologies is revolutionizing our clients' businesses—as well as our own. The acquisition combines the creative and technical strengths of both organizations to bring depth and scale to digital strategy, design, engineering and integration for the marketplace."
This transaction amplifies Deloitte's full lifecycle professional services relating to strategy, creative, mobile, web, eCommerce, content and enterprise mobile enablement to help clients gain business advantage. For more information, please visit www.deloitte.com/us/ubermind.
As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Wednesday, January 4, 2012
CIBER Taps Oracle Executive to Lead Operations in India
Vivek K. Marla, former Oracle vice president and head of Oracle Solution Services in India (Oracle SSI) – Oracle's global consulting organization, has joined CIBER's executive team as its Senior Vice President and President CIBER India, CIBER's primary global delivery center. Vivek brings 30 years of IT industry experience that has spanned the globe, running businesses in the U.S., Asia and Europe. For the past 20 years, Vivek has worked for Oracle Corporation in roles that have focused on driving transformational change, strategic focus, business development and talent management.
"Vivek has a proven track record of driving profitable growth through service excellence, client focus and highly differentiated services delivered globally," said Dave Peterschmidt, CIBER CEO. "Increasingly businesses are turning to global delivery to drive efficiency, support around-the-clock work, access talent and ensure business continuity. As a well-established IT leader who has already proven his ability to build a solid services delivery engine, we're confident Vivek will be a significant force in helping CIBER strengthen and grow our global delivery business."
In his tenure with Oracle SSI, Vivek developed a top-notch consulting organization, expanded it from 250 to more than 1,300, while simultaneously increasing the portfolio of services being offered by nearly 400 percent. In the past five years, he grew revenue by more than 300 percent and consistently overachieved on annual margin. He developed new markets for the organization in 40 countries throughout Europe, the Middle East, Asia and the Americas.
"One of my proudest achievements with Oracle was building a loyal customer base and a strong committed workforce within Oracle SSI. I am pleased to be joining a company with a commitment to and reputation for client focus," Vivek said. "CIBER has consistently grown its Indian operations, opened a new center this year and is committed to delivering high-quality service with the best resources for the job."
Vivek joined CIBER effective January 2. He replaces Vice President Vir Bhanu, who has headed India operations since September, when Kote Raghurama, former President of CIBER India, left the business to pursue other interests. Vir Bhanu will continue to lead CIBER India's domestic business.
About CIBER, Inc.
CIBER, Inc. is a global information technology consulting, services and outsourcing company applying practical innovation through services and solutions that deliver tangible results for both commercial and government clients. Services include application development and management, ERP implementation, change management, project management, systems integration, infrastructure management and end-user computing, as well as strategic business and technology consulting. Founded in 1974 and headquartered in Greenwood Village, Colorado, CIBER has more than 8,500 employees and operates in 19 countries, serving clients in North America, Europe and Asia/Pacific. Annual revenue in 2010 was $1.1 billion. CIBER trades on the New York Stock exchange (NYSE: CBR), and is included in the Russell 2000 Index and the S&P Small Cap 600 Index. For more information, visit www.ciber.com.
"Vivek has a proven track record of driving profitable growth through service excellence, client focus and highly differentiated services delivered globally," said Dave Peterschmidt, CIBER CEO. "Increasingly businesses are turning to global delivery to drive efficiency, support around-the-clock work, access talent and ensure business continuity. As a well-established IT leader who has already proven his ability to build a solid services delivery engine, we're confident Vivek will be a significant force in helping CIBER strengthen and grow our global delivery business."
In his tenure with Oracle SSI, Vivek developed a top-notch consulting organization, expanded it from 250 to more than 1,300, while simultaneously increasing the portfolio of services being offered by nearly 400 percent. In the past five years, he grew revenue by more than 300 percent and consistently overachieved on annual margin. He developed new markets for the organization in 40 countries throughout Europe, the Middle East, Asia and the Americas.
"One of my proudest achievements with Oracle was building a loyal customer base and a strong committed workforce within Oracle SSI. I am pleased to be joining a company with a commitment to and reputation for client focus," Vivek said. "CIBER has consistently grown its Indian operations, opened a new center this year and is committed to delivering high-quality service with the best resources for the job."
Vivek joined CIBER effective January 2. He replaces Vice President Vir Bhanu, who has headed India operations since September, when Kote Raghurama, former President of CIBER India, left the business to pursue other interests. Vir Bhanu will continue to lead CIBER India's domestic business.
About CIBER, Inc.
CIBER, Inc. is a global information technology consulting, services and outsourcing company applying practical innovation through services and solutions that deliver tangible results for both commercial and government clients. Services include application development and management, ERP implementation, change management, project management, systems integration, infrastructure management and end-user computing, as well as strategic business and technology consulting. Founded in 1974 and headquartered in Greenwood Village, Colorado, CIBER has more than 8,500 employees and operates in 19 countries, serving clients in North America, Europe and Asia/Pacific. Annual revenue in 2010 was $1.1 billion. CIBER trades on the New York Stock exchange (NYSE: CBR), and is included in the Russell 2000 Index and the S&P Small Cap 600 Index. For more information, visit www.ciber.com.
Wednesday, December 14, 2011
Cognizant to Help Telefónica UK Strengthen Business-Critical Online Applications
Cognizant a leading provider of information technology, consulting, and business process outsourcing services announced it has been selected as a strategic partner by Telefónica UK, a leading communications company for consumers and businesses in the UK, to develop and manage the Company's online applications that are critical to improving sales and enhancing customer service.
Under the multiyear, managed services agreement, Cognizant will provide comprehensive business and operational support to Telefónica UK's online applications and enhance their agility, flexibility, and responsiveness to consumer demands and market changes. These applications perform a wide array of business-critical functions, ranging from promoting and providing access to Telefónica UK's products and services, to delivering end-user self-service functionalities.
Cognizant will leverage its deep understanding of Telefónica UK's business requirements and technology challenges to help the company keep its online systems operational and scalable, while providing rapid ongoing enhancements as required by the ever-broadening range of Telefónica UK's products and services. This will help Telefónica UK increase customer loyalty, expand customer base, drive innovation, maximize returns on IT investments, and boost competitiveness by balancing cost, complexity, and capacity.
"Cognizant is pleased to work with Telefónica UK in helping the company create operational efficiencies and increase market share," said Sanjiv Gossain, Senior Vice President and Global Practice Leader for Communications, Information, Media and Entertainment at Cognizant. "In a constantly changing communications marketplace characterized by a complex mix of consumer products and services, we are committed to driving excellence in Telefónica UK's operations through proactive and reactive applications outsourcing services, and improved accountability, efficiency, flexibility, and speed. This will help Telefónica UK achieve its business goals and set new standards in customer satisfaction."
"We selected Cognizant as our strategic partner because of its agile software development approach, leading communications industry knowledge, expertise in e-commerce technologies, and its proven delivery pedigree in IT application management services. Through this relationship, Telefónica UK will have access to Cognizant's global delivery network, industry leading practices, and innovation," said Brendan O'Rourke, Head of Online, Integration and Product Design, Telefónica UK. "Our online operations are business-critical and are key to differentiating our products and services in the most competitive mobile environment in the world. With Cognizant, we have developed an innovative and exciting strategic partnership that will allow us to continue to lead the market and accelerate our ability to differentiate our brand across all digital channels."
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and 130,000 employees as of September 30, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
About Telefónica UK
Telefónica UK Limited is a leading communications company for consumers and businesses in the UK, with over 22 million mobile customers and over 700,000 fixed broadband customers as at 30 June 2011. Telefónica UK Limited is part of Telefónica Europe plc, a business division of Telefónica S.A. which uses O2 as its commercial brand in the UK, Ireland, Slovakia, Germany, and the Czech Republic, and has 57.3 million customers across these markets. In 2006, Telefónica Europe acquired Be, the UK fixed broadband provider, and in October 2007, O2 launched its broadband service using the Be network. O2 employs around 11,000 people in the UK and has 450 retail stores.
Under the multiyear, managed services agreement, Cognizant will provide comprehensive business and operational support to Telefónica UK's online applications and enhance their agility, flexibility, and responsiveness to consumer demands and market changes. These applications perform a wide array of business-critical functions, ranging from promoting and providing access to Telefónica UK's products and services, to delivering end-user self-service functionalities.
Cognizant will leverage its deep understanding of Telefónica UK's business requirements and technology challenges to help the company keep its online systems operational and scalable, while providing rapid ongoing enhancements as required by the ever-broadening range of Telefónica UK's products and services. This will help Telefónica UK increase customer loyalty, expand customer base, drive innovation, maximize returns on IT investments, and boost competitiveness by balancing cost, complexity, and capacity.
"Cognizant is pleased to work with Telefónica UK in helping the company create operational efficiencies and increase market share," said Sanjiv Gossain, Senior Vice President and Global Practice Leader for Communications, Information, Media and Entertainment at Cognizant. "In a constantly changing communications marketplace characterized by a complex mix of consumer products and services, we are committed to driving excellence in Telefónica UK's operations through proactive and reactive applications outsourcing services, and improved accountability, efficiency, flexibility, and speed. This will help Telefónica UK achieve its business goals and set new standards in customer satisfaction."
"We selected Cognizant as our strategic partner because of its agile software development approach, leading communications industry knowledge, expertise in e-commerce technologies, and its proven delivery pedigree in IT application management services. Through this relationship, Telefónica UK will have access to Cognizant's global delivery network, industry leading practices, and innovation," said Brendan O'Rourke, Head of Online, Integration and Product Design, Telefónica UK. "Our online operations are business-critical and are key to differentiating our products and services in the most competitive mobile environment in the world. With Cognizant, we have developed an innovative and exciting strategic partnership that will allow us to continue to lead the market and accelerate our ability to differentiate our brand across all digital channels."
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and 130,000 employees as of September 30, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
About Telefónica UK
Telefónica UK Limited is a leading communications company for consumers and businesses in the UK, with over 22 million mobile customers and over 700,000 fixed broadband customers as at 30 June 2011. Telefónica UK Limited is part of Telefónica Europe plc, a business division of Telefónica S.A. which uses O2 as its commercial brand in the UK, Ireland, Slovakia, Germany, and the Czech Republic, and has 57.3 million customers across these markets. In 2006, Telefónica Europe acquired Be, the UK fixed broadband provider, and in October 2007, O2 launched its broadband service using the Be network. O2 employs around 11,000 people in the UK and has 450 retail stores.
Thursday, December 8, 2011
96% of IT Leaders Know People Are Critical to Project Success, Only 51% Say People Issues Get the Strategic Attention They Deserve
TEKsystems(R), a leading provider of IT staffing solutions, human capital management expertise and IT services, today announced findings from its quarterly IT Executive Outlook survey, conducted in partnership with the Inavero Institute. Ninety-six percent of IT leaders agree that the success of any IT initiative significantly depends upon the IT professionals implementing it. Moreover, 94% say that people-based issues such as talent attraction, development, retention, team communication can derail the success of IT projects. However, only 51% of respondents say that human capital issues get the strategic attention they deserve.
"As an IT service provider that specializes in human capital, we know firsthand the central role great people play in driving project success. We also see how critical it is to have superior processes through which high performers are attracted, developed, and retained," says TEKsystems Director, Rachel Russell. "With 46% of respondents indicating that the most significant contributor to underperforming IT departments is the lack of team bandwidth to accomplish necessary objectives, it's clear to us that many IT leaders just don't have the time to really design, build, and run an ideal workforce management plan."
Utilize Partners
IT leaders report that IT staffing companies (62%), systems integrators (57%) and business consulting companies (52%) offer human capital management expertise. However, the quality of that expertise is not consistent. Respondents rated the human capital management expertise respondents received from IT staffing companies the highest (55%), followed by Systems integrators (42%) and business consulting firms (40%).
"All service providers are not created equal when it comes to providing quality human capital management advice. A successful human capital management strategy must be based on the fundamental belief that people are not commodities. What's more, it has to go beyond theory and into what really works in practice," says Russell. "Our perspective is not only based on the proprietary research studies we conduct on the IT workforce. It's also the result of our relationships and the thousands of real-world experiences we have with IT leaders and IT professionals every day."
Confidence in Implementation
IT leaders rated their confidence in their ability to perform various components of a human capital management strategy. Responses show the most confidence in their ability to foster teamwork (58%), knowledge of the roles necessary for specific projects/initiatives (56%), and building a sense of community (51%). Conversely, optimizing hiring processes (28%) and succession planning (28%) were the aspects which IT leaders are least confident in implementing.
"Given the speed and degree to which the IT environment changes, great human capital management practices for the IT workforce are a major differentiator that allows businesses to keep or even set the pace for progress," says Russell. "It's vital to long term success that businesses carefully consider their human capital management strengths and bolster those areas in which they lack a core competency."
About the IT Executive Outlook Survey
TEKsystems partners with the Inavero Institute to conduct a quarterly survey of more than 2,100 IT leaders. The fourth quarter 2011 online survey was completed by IT decision makers during September 2011. IT managers and directors represented the majority of survey respondents at 85%, and IT executives made up the remaining 15% of responses. IT leaders represented all industries, regions and company sizes.
About TEKsystems
TEKsystems(R) is a leading provider of IT staffing solutions, human capital management expertise and IT services. Combining a proven track record of superior performance, a quality-focused approach to service delivery and the highest-caliber technical professionals in the market, TEKsystems helps our clients successfully plan, build and run their critical technology initiatives. With more than 25 years of experience, we annually deploy 70,000 technical professionals from 100 locations throughout North America, Europe and Asia.
"As an IT service provider that specializes in human capital, we know firsthand the central role great people play in driving project success. We also see how critical it is to have superior processes through which high performers are attracted, developed, and retained," says TEKsystems Director, Rachel Russell. "With 46% of respondents indicating that the most significant contributor to underperforming IT departments is the lack of team bandwidth to accomplish necessary objectives, it's clear to us that many IT leaders just don't have the time to really design, build, and run an ideal workforce management plan."
Utilize Partners
IT leaders report that IT staffing companies (62%), systems integrators (57%) and business consulting companies (52%) offer human capital management expertise. However, the quality of that expertise is not consistent. Respondents rated the human capital management expertise respondents received from IT staffing companies the highest (55%), followed by Systems integrators (42%) and business consulting firms (40%).
"All service providers are not created equal when it comes to providing quality human capital management advice. A successful human capital management strategy must be based on the fundamental belief that people are not commodities. What's more, it has to go beyond theory and into what really works in practice," says Russell. "Our perspective is not only based on the proprietary research studies we conduct on the IT workforce. It's also the result of our relationships and the thousands of real-world experiences we have with IT leaders and IT professionals every day."
Confidence in Implementation
IT leaders rated their confidence in their ability to perform various components of a human capital management strategy. Responses show the most confidence in their ability to foster teamwork (58%), knowledge of the roles necessary for specific projects/initiatives (56%), and building a sense of community (51%). Conversely, optimizing hiring processes (28%) and succession planning (28%) were the aspects which IT leaders are least confident in implementing.
"Given the speed and degree to which the IT environment changes, great human capital management practices for the IT workforce are a major differentiator that allows businesses to keep or even set the pace for progress," says Russell. "It's vital to long term success that businesses carefully consider their human capital management strengths and bolster those areas in which they lack a core competency."
About the IT Executive Outlook Survey
TEKsystems partners with the Inavero Institute to conduct a quarterly survey of more than 2,100 IT leaders. The fourth quarter 2011 online survey was completed by IT decision makers during September 2011. IT managers and directors represented the majority of survey respondents at 85%, and IT executives made up the remaining 15% of responses. IT leaders represented all industries, regions and company sizes.
About TEKsystems
TEKsystems(R) is a leading provider of IT staffing solutions, human capital management expertise and IT services. Combining a proven track record of superior performance, a quality-focused approach to service delivery and the highest-caliber technical professionals in the market, TEKsystems helps our clients successfully plan, build and run their critical technology initiatives. With more than 25 years of experience, we annually deploy 70,000 technical professionals from 100 locations throughout North America, Europe and Asia.
Tuesday, December 6, 2011
Microsoft and Hitachi Consulting Join Forces to Bring Technology, Jobs, and Innovation to Fargo, ND
Microsoft has announced it has chosen Hitachi Consulting, an award-winning Microsoft Gold Certified Partner and global management consulting and technology services company, to supplement its Microsoft Business Solutions (MBS) IT team located in Fargo, ND. The agreement elevates the decade-long strategic relationship between the two companies, as well as opens up exciting business and employment opportunities for the community.
Under the agreement, Hitachi Consulting will establish a technical development center in Fargo. From this center, the company will provide sourcing, program management, development, and testing for the MBS IT organization. MBS is the business group within Microsoft that builds Microsoft Dynamics ERP and Microsoft Dynamics CRM solutions, and the MBS IT organization builds internal software solutions to support the MBS business. Hitachi Consulting will also look to develop new business and service other existing clients from this new facility.
“Microsoft sought a vendor committed to building a strong organization in Fargo, and Hitachi Consulting outlined a compelling vision and plan for developing a nearshore strategy,” said Don Morton, Site Leader of the Microsoft campus in Fargo. “We are pleased to expand our relationship with Hitachi Consulting to continue to provide nearshore IT value through lower costs, higher quality, and consistent delivery.”
Hitachi Consulting is one of Microsoft’s largest enterprise alliance partners and is recognized worldwide for its global brand, technology expertise and industry-led solutions. Hitachi Consulting has earned manyawards including Microsoft Dynamics AX Global Partner of the Year, Microsoft Dynamics Partner of the Year, and multiple Customer Excellence awards.
“We are very excited to elevate our already successful global relationship with Microsoft to make Fargo a major technology hub for our business,” said Phil Parr, President and CEO of Hitachi Consulting. “This marks another key milestone in our growth strategy and will help us quickly establish a stronger presence in the region to further expand our global delivery scale.”
“North Dakota’s business-friendly environment, and educated workforce, make it an attractive region to develop a strong near-shore strategy,” said Mike Gillis, Senior Vice President of Hitachi Consulting’s Microsoft Dynamics practice. “With low unemployment rates and several high-quality universities nearby, the area provides us with a large pool of educated, experienced, and quality individuals to expand our workforce. We believe in a future where the best consulting firms will have major centers in North America, India and China. We are proud that Hitachi Consulting can play a leadership role, providing its customers choice and flexibility in supporting their global business processes. Now with our 360 degree relationship with Microsoft, Hitachi Consulting is well poised to establish a strong presence in the Fargo area.”
Near-term, Microsoft will offer Hitachi Consulting its facility for co-location of the teams. As Hitachi Consulting grows, it has plans to move to its own building allowing them to expand their presence in Fargo and further develop their business by servicing other global companies.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
About Hitachi Consulting
As Hitachi, Ltd.'s global consulting company, with operations throughout North America, Europe, the Middle East and Asia, Hitachi Consulting is a recognized leader in delivering proven business and IT strategies and solutions to Global 2000 companies across many industries. With a balanced view of strategy, people, process and technology, we work with companies to understand their unique business needs, and to develop and implement practical business strategies and technology solutions. From business strategy development through application deployment, our consultants are committed to helping clients quickly realize measurable business value and achieve sustainable ROI. Hitachi Consulting's client base includes 25 percent of the Global 100 as well as many leading mid-market companies. We offer a client-focused, collaborative approach and transfer knowledge throughout each engagement. For more information, visit http://www.hitachiconsulting.com.
Under the agreement, Hitachi Consulting will establish a technical development center in Fargo. From this center, the company will provide sourcing, program management, development, and testing for the MBS IT organization. MBS is the business group within Microsoft that builds Microsoft Dynamics ERP and Microsoft Dynamics CRM solutions, and the MBS IT organization builds internal software solutions to support the MBS business. Hitachi Consulting will also look to develop new business and service other existing clients from this new facility.
“Microsoft sought a vendor committed to building a strong organization in Fargo, and Hitachi Consulting outlined a compelling vision and plan for developing a nearshore strategy,” said Don Morton, Site Leader of the Microsoft campus in Fargo. “We are pleased to expand our relationship with Hitachi Consulting to continue to provide nearshore IT value through lower costs, higher quality, and consistent delivery.”
Hitachi Consulting is one of Microsoft’s largest enterprise alliance partners and is recognized worldwide for its global brand, technology expertise and industry-led solutions. Hitachi Consulting has earned manyawards including Microsoft Dynamics AX Global Partner of the Year, Microsoft Dynamics Partner of the Year, and multiple Customer Excellence awards.
“We are very excited to elevate our already successful global relationship with Microsoft to make Fargo a major technology hub for our business,” said Phil Parr, President and CEO of Hitachi Consulting. “This marks another key milestone in our growth strategy and will help us quickly establish a stronger presence in the region to further expand our global delivery scale.”
“North Dakota’s business-friendly environment, and educated workforce, make it an attractive region to develop a strong near-shore strategy,” said Mike Gillis, Senior Vice President of Hitachi Consulting’s Microsoft Dynamics practice. “With low unemployment rates and several high-quality universities nearby, the area provides us with a large pool of educated, experienced, and quality individuals to expand our workforce. We believe in a future where the best consulting firms will have major centers in North America, India and China. We are proud that Hitachi Consulting can play a leadership role, providing its customers choice and flexibility in supporting their global business processes. Now with our 360 degree relationship with Microsoft, Hitachi Consulting is well poised to establish a strong presence in the Fargo area.”
Near-term, Microsoft will offer Hitachi Consulting its facility for co-location of the teams. As Hitachi Consulting grows, it has plans to move to its own building allowing them to expand their presence in Fargo and further develop their business by servicing other global companies.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
About Hitachi Consulting
As Hitachi, Ltd.'s global consulting company, with operations throughout North America, Europe, the Middle East and Asia, Hitachi Consulting is a recognized leader in delivering proven business and IT strategies and solutions to Global 2000 companies across many industries. With a balanced view of strategy, people, process and technology, we work with companies to understand their unique business needs, and to develop and implement practical business strategies and technology solutions. From business strategy development through application deployment, our consultants are committed to helping clients quickly realize measurable business value and achieve sustainable ROI. Hitachi Consulting's client base includes 25 percent of the Global 100 as well as many leading mid-market companies. We offer a client-focused, collaborative approach and transfer knowledge throughout each engagement. For more information, visit http://www.hitachiconsulting.com.
Tuesday, November 29, 2011
Accenture and AT&T Launch Medical Imaging Solution
Accenture (NYSE: ACN) and AT&T* have launched a new medical imaging solution that will enhance the capabilities of health professionals and radiologists to electronically share, review and store medical images, such as X-rays and CT or MRI scans, through AT&T technologies.
The Accenture Medical Imaging Solution, enabled by AT&T, can help medical professionals review patient images almost instantly, allow radiologists to see more patients and improve long-term technology costs and profitability. The solution can also enable national hospital networks to centrally manage medical images and collaborate efficiently with other institutions, physicians and radiologists.
The Accenture Medical Imaging Solution will be offered to U.S. hospitals and support the following capabilities:
Workflow Analysis and Enablement – The Accenture benefit assessment and optimization analysis is a process that helps hospitals and other care providers connected by this solution to share their capacity for storing medical images and information. The offer includes features that can help hospitals efficiently manage radiology services.
Teleradiology Exchange – The Accenture exchange will help to match supply and demand of radiology facilities and services. This can provide community-based hospitals with access to radiology services from medical centers, enabled by AT&T's network and cloud hosting capabilities.
Long-Term Image Management – The AT&T Medical Imaging and Information Management solution, a vendor-neutral, cloud-based service, helps providers to store, access, view and share patient medical images from virtually anywhere over a highly-secure infrastructure. The pay-as-you-go storage pricing helps providers to store medical images easily and avoid costly capital investment in storage infrastructure.
"Access to an accurate, cost-effective diagnosis will significantly improve all aspects of health delivery," said Derek Danois, who leads medical imaging for Accenture Health. "Healthcare IT is an integral link in connecting clinical decisions and enabling an insight driven healthcare system."
"Accenture's systems integration experience coupled with AT&T's cloud-based technologies means hospitals can have virtually real-time access to medical images while reducing healthcare costs," said Randall Porter, assistant vice president, AT&T ForHealth.
Medical imaging management is one of the health industry's biggest challenges, and providers increasingly are turning to cloud-based solutions. Roughly 73 percent of healthcare organizations plan to shift imaging data storage to the cloud, in some capacity, while 32 percent actively use some form of cloud solutions today, according to an Accenture study. The shift from analog to digital images has resulted in exponential growth in the amount of data that must be stored.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with approximately 236,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.
About AT&T
AT&T Inc. (NYSE: T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.
The Accenture Medical Imaging Solution, enabled by AT&T, can help medical professionals review patient images almost instantly, allow radiologists to see more patients and improve long-term technology costs and profitability. The solution can also enable national hospital networks to centrally manage medical images and collaborate efficiently with other institutions, physicians and radiologists.
The Accenture Medical Imaging Solution will be offered to U.S. hospitals and support the following capabilities:
Workflow Analysis and Enablement – The Accenture benefit assessment and optimization analysis is a process that helps hospitals and other care providers connected by this solution to share their capacity for storing medical images and information. The offer includes features that can help hospitals efficiently manage radiology services.
Teleradiology Exchange – The Accenture exchange will help to match supply and demand of radiology facilities and services. This can provide community-based hospitals with access to radiology services from medical centers, enabled by AT&T's network and cloud hosting capabilities.
Long-Term Image Management – The AT&T Medical Imaging and Information Management solution, a vendor-neutral, cloud-based service, helps providers to store, access, view and share patient medical images from virtually anywhere over a highly-secure infrastructure. The pay-as-you-go storage pricing helps providers to store medical images easily and avoid costly capital investment in storage infrastructure.
"Access to an accurate, cost-effective diagnosis will significantly improve all aspects of health delivery," said Derek Danois, who leads medical imaging for Accenture Health. "Healthcare IT is an integral link in connecting clinical decisions and enabling an insight driven healthcare system."
"Accenture's systems integration experience coupled with AT&T's cloud-based technologies means hospitals can have virtually real-time access to medical images while reducing healthcare costs," said Randall Porter, assistant vice president, AT&T ForHealth.
Medical imaging management is one of the health industry's biggest challenges, and providers increasingly are turning to cloud-based solutions. Roughly 73 percent of healthcare organizations plan to shift imaging data storage to the cloud, in some capacity, while 32 percent actively use some form of cloud solutions today, according to an Accenture study. The shift from analog to digital images has resulted in exponential growth in the amount of data that must be stored.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with approximately 236,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.
About AT&T
AT&T Inc. (NYSE: T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.
Thursday, November 24, 2011
Cognizant Deploys Merchandise Planning Platform for REDTAG Group
Cognizant (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, today announced the successful deployment of a comprehensive merchandise planning platform for the REDTAG Group, a Dubai-based chain of value fashion and home stores.
The platform will help REDTAG respond faster and more efficiently to the dynamic fashion retailing market by making better informed purchasing and pricing decisions based on detailed and executable merchandise plans. This will help REDTAG maximize sales, profits, and inventory productivity, while minimizing costs. By leveraging sophisticated analytical capabilities to deliver accurate forecasts linking market events and sales results, the platform will enable REDTAG to eliminate plan discrepancies, optimize inventories, reduce markdowns, and drive process consistency across its 77 value fashion and home stores.
Built using the Oracle Retail Merchandise Financial Planning application, the platform provides a flexible merchandise financial planning solution with which REDTAG can create strategic and detailed financial business plans and manage reconciliation and approval processes. Providing both pre-season and in-season planning, the Oracle Retail application supports retailers’ budgeting and open-to-buy or re-forecasting processes, and will help REDTAG achieve the ideal product mix, and match demand and supply more accurately to deliver on customer expectations.
“The merchandise planning platform forms an important part of our efforts to adopt industry-leading solutions, technologies, and best practices that support and extend our business vision and strategy,” said Ernest. J. Hosking, CEO of the REDTAG Group. “We selected Cognizant for its consulting-led and innovative solutions approach, deep expertise of the global retail industry, and extensive analytics, program management, and product implementation capabilities. As we expand our geographical footprint, this platform will foster rapid decision-making aligned closely with our aggressive growth targets, enhance operational agility in a highly competitive and fast-moving market, optimize capital and operational costs, and scale easily to effectively meet customer needs.”
“We are pleased to have successfully deployed an advanced planning platform for REDTAG to create informed estimates of future business opportunities, infuse inventory movement decisions with customer insight, and realize optimal returns on inventory investment,” said R. Chandrasekaran, President and Managing Director for Global Delivery at Cognizant. “We have combined our deep experience of developing business-aligned retail solutions for the world’s top retailers, and our extensive knowledge of Oracle solution frameworks to deliver a platform that will support REDTAG’s business strategies, enable competitive advantage, and help the company offer a more enjoyable shopping experience and an even stronger value proposition to its customers.”
Cognizant is a Platinum level member in Oracle PartnerNetwork (OPN).
About REDTAG Group
REDTAG is a refreshing concept in today’s retail scenario. It is a chain of value fashion and home stores that offer a world of choice and an enjoyable shopping experience at unbeatable value. With 365 days of value, REDTAG stores launched in 2006 are now a big hit with families that look forward to the latest in fashion and style along with a truly enjoyable shopping experience. The pricing of the products, the stringent quality assurance, the availability of customer favorites, wide variety and choice, personal preferences in sizes, shapes and colors…everything makes REDTAG the first choice for value-conscious customers across the GCC. The REDTAG Group is part of BMA International, which has achieved important milestones in retail, fashion, and lifestyle over the last three decades. BMA is also the holding company for Retail Arabia which operates hypermarkets, supermarkets, convenience stores, and malls.
The REDTAG Group, currently with 77 fashion and lifestyle stores across the GCC, has been growing at a rate of 20 per cent annually. The REDTAG Group has two main areas of operation—the newly launched REDTAG value fashion and home stores, which is poised for a quantum leap in the retail world, and Discount Fashion and Home Stores, which is a collection of well-known regional brands. The growth of the REDTAG Group is concentrated around the REDTAG brand. The discount fashion and home stores currently under various brand names will be upgraded into the REDTAG brand within the next three years. This, coupled with an ambitious plan to open at least 12 new REDTAG stores per year in malls as well as high streets, will see the REDTAG brand become a leader in the value fashion and lifestyle market. For more information please visit: http://www.redtag.ae.
About Cognizant’s Retail Practice
Cognizant’s Retail practice, which works with 12 of the top 30 global retailers, leverages its deep domain, consulting, and enterprise architecture expertise to deliver competitive advantage to supermarkets, department stores, specialty premium retailers, and large mass-merchandise discounters across the grocery, general merchandise, apparel, home and office, and consumer electronics segments. The practice provides comprehensive business solutions in the areas of supply chain, merchandising, stores, e-commerce, and retail analytics to enable retailers to transform their businesses, drive innovation, and cater to the rapidly changing shopping needs, preferences, and methods of retail customers. The practice is enabling retailers to embrace the future of shopping with innovative platforms such as IntelliPeak™, which helps manage peak/holiday season sales, and IntelliStore™, which leverages technologies around mobility, cloud, social media, and analytics to deliver a superior in-store customer experience.
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and 130,000 employees as of September 30, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
The platform will help REDTAG respond faster and more efficiently to the dynamic fashion retailing market by making better informed purchasing and pricing decisions based on detailed and executable merchandise plans. This will help REDTAG maximize sales, profits, and inventory productivity, while minimizing costs. By leveraging sophisticated analytical capabilities to deliver accurate forecasts linking market events and sales results, the platform will enable REDTAG to eliminate plan discrepancies, optimize inventories, reduce markdowns, and drive process consistency across its 77 value fashion and home stores.
Built using the Oracle Retail Merchandise Financial Planning application, the platform provides a flexible merchandise financial planning solution with which REDTAG can create strategic and detailed financial business plans and manage reconciliation and approval processes. Providing both pre-season and in-season planning, the Oracle Retail application supports retailers’ budgeting and open-to-buy or re-forecasting processes, and will help REDTAG achieve the ideal product mix, and match demand and supply more accurately to deliver on customer expectations.
“The merchandise planning platform forms an important part of our efforts to adopt industry-leading solutions, technologies, and best practices that support and extend our business vision and strategy,” said Ernest. J. Hosking, CEO of the REDTAG Group. “We selected Cognizant for its consulting-led and innovative solutions approach, deep expertise of the global retail industry, and extensive analytics, program management, and product implementation capabilities. As we expand our geographical footprint, this platform will foster rapid decision-making aligned closely with our aggressive growth targets, enhance operational agility in a highly competitive and fast-moving market, optimize capital and operational costs, and scale easily to effectively meet customer needs.”
“We are pleased to have successfully deployed an advanced planning platform for REDTAG to create informed estimates of future business opportunities, infuse inventory movement decisions with customer insight, and realize optimal returns on inventory investment,” said R. Chandrasekaran, President and Managing Director for Global Delivery at Cognizant. “We have combined our deep experience of developing business-aligned retail solutions for the world’s top retailers, and our extensive knowledge of Oracle solution frameworks to deliver a platform that will support REDTAG’s business strategies, enable competitive advantage, and help the company offer a more enjoyable shopping experience and an even stronger value proposition to its customers.”
Cognizant is a Platinum level member in Oracle PartnerNetwork (OPN).
About REDTAG Group
REDTAG is a refreshing concept in today’s retail scenario. It is a chain of value fashion and home stores that offer a world of choice and an enjoyable shopping experience at unbeatable value. With 365 days of value, REDTAG stores launched in 2006 are now a big hit with families that look forward to the latest in fashion and style along with a truly enjoyable shopping experience. The pricing of the products, the stringent quality assurance, the availability of customer favorites, wide variety and choice, personal preferences in sizes, shapes and colors…everything makes REDTAG the first choice for value-conscious customers across the GCC. The REDTAG Group is part of BMA International, which has achieved important milestones in retail, fashion, and lifestyle over the last three decades. BMA is also the holding company for Retail Arabia which operates hypermarkets, supermarkets, convenience stores, and malls.
The REDTAG Group, currently with 77 fashion and lifestyle stores across the GCC, has been growing at a rate of 20 per cent annually. The REDTAG Group has two main areas of operation—the newly launched REDTAG value fashion and home stores, which is poised for a quantum leap in the retail world, and Discount Fashion and Home Stores, which is a collection of well-known regional brands. The growth of the REDTAG Group is concentrated around the REDTAG brand. The discount fashion and home stores currently under various brand names will be upgraded into the REDTAG brand within the next three years. This, coupled with an ambitious plan to open at least 12 new REDTAG stores per year in malls as well as high streets, will see the REDTAG brand become a leader in the value fashion and lifestyle market. For more information please visit: http://www.redtag.ae.
About Cognizant’s Retail Practice
Cognizant’s Retail practice, which works with 12 of the top 30 global retailers, leverages its deep domain, consulting, and enterprise architecture expertise to deliver competitive advantage to supermarkets, department stores, specialty premium retailers, and large mass-merchandise discounters across the grocery, general merchandise, apparel, home and office, and consumer electronics segments. The practice provides comprehensive business solutions in the areas of supply chain, merchandising, stores, e-commerce, and retail analytics to enable retailers to transform their businesses, drive innovation, and cater to the rapidly changing shopping needs, preferences, and methods of retail customers. The practice is enabling retailers to embrace the future of shopping with innovative platforms such as IntelliPeak™, which helps manage peak/holiday season sales, and IntelliStore™, which leverages technologies around mobility, cloud, social media, and analytics to deliver a superior in-store customer experience.
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and 130,000 employees as of September 30, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
Tuesday, November 22, 2011
Capgemini and Dassault Systèmes Sign Innovative Services Partnership
Dassault Systèmes, one of the world’s leading 3D and PLM solutions providers; and Capgemini, a world leader in IT consulting, technology services and outsourcing, has announced the signature of an alliance around the integration of Dassault Systèmes’ PLM Version 6 solutions.
This collaboration will accelerate the implementation and deployment of PLM solutions based on the value of Dassault Systèmes’ Version 6, an open online platform allowing an expanded user community to create, collaborate and experience products virtually in a 3D environment, throughout the innovation cycle, ensuring IP protection. It will also strengthen the capacity to integrate PLM technologies in more complex client environments, such as ERP applications, or proprietary application development.
Patrick Longuet, Capgemini France Aerospace & Defense, explains, “Through this partnership, we are aiming to position ourselves as European leader in the PLM solution integration market in different sectors, in particular aerospace and defense. Our unique expertise as a global integrator, will be enhanced with greater PLM skills, plus expertise around Dassault Systèmes solutions to better meet clients’ needs. At first, this global partnership will focus on France and Europe.”
This collaboration will accelerate the implementation and deployment of PLM solutions based on the value of Dassault Systèmes’ Version 6, an open online platform allowing an expanded user community to create, collaborate and experience products virtually in a 3D environment, throughout the innovation cycle, ensuring IP protection. It will also strengthen the capacity to integrate PLM technologies in more complex client environments, such as ERP applications, or proprietary application development.
Patrick Longuet, Capgemini France Aerospace & Defense, explains, “Through this partnership, we are aiming to position ourselves as European leader in the PLM solution integration market in different sectors, in particular aerospace and defense. Our unique expertise as a global integrator, will be enhanced with greater PLM skills, plus expertise around Dassault Systèmes solutions to better meet clients’ needs. At first, this global partnership will focus on France and Europe.”
Wednesday, November 2, 2011
Deloitte Expands Cloud Computing Services with CloudPrint
Deloitte is expanding its cloud computing consulting services with the addition of Deloitte CloudPrint (CloudPrint), a proprietary delivery framework specifically designed to help guide clients through the process of becoming a cloud service provider or subscriber.
Based on Deloitte's experience in executing Cloud strategy and implementation efforts, CloudPrint is built around three distinct offerings:
CloudPrint for Providers: a suite of services covering business and process transformations required to become an internal or external cloud computing service provider, including channel strategies, market analysis and maturity and operating models.
CloudPrint for Subscribers: a suite of offerings covering business, organizational, and process transformations required to become a subscriber to cloud computing services — including Infrastructure as a Service, Software as a Service, and Platform as a Service.
CloudPrint for Sectors: specific sector editions containing industry insights into some of the most relevant and complex challenges facing clients. Offerings include Subscriber editions focused on Banking, Consumer Products, Health Plan, Insurance, Life Sciences and Media; and Provider editions focused on Technology and Telecom.
"CloudPrint is an expansion of Deloitte's cloud practice, enhancing our overall cloud computing solutions and offerings for Cloud service providers and Cloud service subscribers," said Paul Clemmons, principal, Deloitte Consulting LLP.
For more information on Deloitte's cloud computing services, please visit: www.deloitte.com/us/cloudservices.
Based on Deloitte's experience in executing Cloud strategy and implementation efforts, CloudPrint is built around three distinct offerings:
CloudPrint for Providers: a suite of services covering business and process transformations required to become an internal or external cloud computing service provider, including channel strategies, market analysis and maturity and operating models.
CloudPrint for Subscribers: a suite of offerings covering business, organizational, and process transformations required to become a subscriber to cloud computing services — including Infrastructure as a Service, Software as a Service, and Platform as a Service.
CloudPrint for Sectors: specific sector editions containing industry insights into some of the most relevant and complex challenges facing clients. Offerings include Subscriber editions focused on Banking, Consumer Products, Health Plan, Insurance, Life Sciences and Media; and Provider editions focused on Technology and Telecom.
"CloudPrint is an expansion of Deloitte's cloud practice, enhancing our overall cloud computing solutions and offerings for Cloud service providers and Cloud service subscribers," said Paul Clemmons, principal, Deloitte Consulting LLP.
For more information on Deloitte's cloud computing services, please visit: www.deloitte.com/us/cloudservices.
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