News Analysis: Infosys Buys Lodestone for $350M
Global outsourcing and Bangalore Infotech bellwether Infosys (NASDAQ:INFY), announced its agreement to purchase Zurich-based Lodestone Management Consultancy for $350M. A quick analysis of the news reveals: Infosys strengthens its EMEA and SAP presence. Lodestone brings 850 employees which 750 are front line delivery personnel. 200 clients. Lodestone’s 200 clients span industries such as life [...]
The undisputed facts about outsourcing, Part 3: With outsourcing demand at unprecedented levels, can new buyers get across the finish-line?
HfS Research’s “State of Outsourcing 2011″ study of 1335 industry stakeholders, conducted with the Outsourcing Unit at the London School of Economics, points to a marked turnaround in outsourcing intentions as global economies reach a period of sustained (albeit limping) recovery. For many organizations today, clearly the short-term counter-recessionary measures have been executed through to fruition, leaving business function leaders under renewed pressure to seek out new operational strategies for driving out cost and improving global effectiveness.
Monday’s Musings: Putting An End To The Conflict Of Interest Among Some Sourcing Advisors
Many Services Firms Seek Unfair Advantages With Market Makers Service providers continue to battle it out in the über competitive market for large annual multi-million dollar contracts. Market makers who serve as sourcing advisors, (i.e. management consultants, analysts, or vendor specialists) often influence the outcome of large sourcing contracts and system integration projects. Consequently, more [...]
CIO backgrounder: Understanding packaged solutions
Packaged solutions are a direct response to customers demanding faster, lower cost, and higher value software implementations. This post explains why.
CSC stakes its claim to prosper in the new IT services ecosystem
CSC has struck out in a new direction sketching out a long-term position as a “service integrator” and laying out a cloud strategy that goes beyond the usual hype. The real test is whether CSC can channel its pricing and engagement models, its ser…
Moving Collaborative Apps from Groupware to the Cloud
Listen to my conversation with Jon Pyke, Founder and CEO of CIMTrek, which provides tools to migrate legacy applications to cloud platforms. In this podcast, learn why some collaborative applications are holding organisations back from adopting the cloud, and find…
News Analysis: Deltek Offers To Buy Maconomy For $72.7M
Acquisition Consolidates Two Market Leaders In The Project Based Solutions Market
Deltek announced on June 3rd that they would acquire Maconomy for $72.7M ($3.39/share (DKK 20.50)). Maconomy is a leading project based solutions (PBS) software company (~35.6M 2009 revenues) based in Copenhagen, Denmark. Deltek is a 265.8M (2009 revenues) PBS software vendor based in Herndon, VA. [...]
The Year in Review in Software & Services
2009 had some interesting twists to it as far as the software and services industries go. Here are top five services stories of 2009. 1) The breakup of BearingPoint – BearingPoint had some big bills to pay this year. When the time came to do so, they couldn’t. The company began the process of selling [...]