Monday, March 31, 2008

The 2008 Global Outsourcing 100 announces winners: the Russians excelled!

The International Association of Outsourcing Professionals (IAOP) has finally announced the long-awaited Top 100 world outsourcing service providers. Four critical characteristics are taken into account by an independent jury: size and growth, customer references, organizational competencies, and management capabilities. It’s good news to know that six Russian companies have been included in the rating in comparison with only four in the previous year: Auriga, DataArt, EPAM Systems, IBA, Luxoft, and Mera.

The results of the rating speak for themselves: the most rapidly growing segment of IT services in Russia is IT outsourcing. As Maxim Troitsky, director of special solution and service sales department at ISG, says “…those engaged in retail sales, finance sector arrangement, and several state enterprises and institutions, are currently especially interested in strategic outsourcing cooperation”. Though, India is still occupying leading positions in outsourcing, Russia and CEE countries seem to be close at its heels. “The given sector [IT outsourcing] is becoming more and more attractive from year to year, as many recent obstacles have been eliminated’, says Troitsky.

However some experts claim that the attraction of Russian and Eastern European countries as outsourcing destinations is the result of constant price rises and overheated labour market in India. “The Eastern European IT outsourcing is becoming more popular… due to India image downward”, as Anatoly Gaverdovsky, senior vice president of EPAM Systems, says. But however that may be, specialists point to the interest of global players in the Russian outsourcing market as one of last year’s key tendencies.

Source: CNews

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