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BNET Business Dictionary

Outsourcing: the transfer of the provision of services previously performed by in-house personnel to an external organization, usually under a contract with agreed standards, costs, and conditions. Areas traditionally outsourced include...; Outsourcing definition on BNET »

BNET Resources

Vangent Awarded Contract to Support U.S. Department of Education's Office of Federal Student Aid: Vangent, Inc., a leading global provider of information management and strategic business process outsourcing solutions, today announced that it won an Enterprise Development Support Services EDSS Development Services DS contract with the U.S. Department of Education's Office of Federal Student Aid. The Department of Education estimates that the 10-year...; Tags: BPO, Outsourcing, U.S. Department of Education; Research articles 2008-10-29
Innodata Isogen to Report Third Quarter 2008 Results: NEW YORK -- INNODATA ISOGEN, INC., (NASDAQ: INOD) today announced that it will report third quarter 2008 results before the market opens on Thursday, November 6, 2008. A news release will be available in both the News and Investor Relations sections of the Innodata Isogen Web site, www.innodata-isogen.com, as well...; Tags: Innodata Isogen Inc., Nasdaq Stock Market Inc., Outsourcing; Research articles 2008-10-24
Healthaxis Board of Directors Declines Revised Ebix Offer: IRVING, Texas -- Healthaxis Inc. (NASDAQ: HAXS) announced today its response to the most recent revised offer by Ebix, Inc. to purchase Healthaxis. The Healthaxis Board of Directors carefully evaluated the last Ebix proposal contained in a letter from Ebix dated October 8, 2008. Following receipt of that proposal, the...; Tags: BPO, FINANCE, INTERNET, Investment, merger, Outsourcing, SEC; Research articles 2008-10-23
Manatt Wins Verdict for Client ICO Global Communications, Ltd: Boeing Faced with $370.6 Million Verdict in Contract Dispute LOS ANGELES -- Manatt, Phelps & Phillips, LLP, the national law and consulting firm, announced that the firm has prevailed in Los Angeles Superior Court on behalf of its client ICO Global Communications Holdings Limited ICO (NASDAQ: ICOG) against The...; Tags: Boeing Co., ICO Global Communications, Outsourcing; Research articles 2008-10-23
KellyOCG Announces "Advanced RPO": KellyOCG, the Outsourcing and Consulting Group of global business provider Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB), today announced a joint initiative with IBM in the Recruitment Process Outsourcing RPO arena. The Advanced RPO collaboration between KellyOCG and IBM is a unique global offering designed for multinational companies. ...; Tags: IBM Corp., Kelly Services Inc., Nasdaq Stock Market Inc., Outsourcing; Research articles 2008-10-21

U.S. Government Awards Black & Veatch Major Contract for Biological Threat Reduction: OVERLAND PARK, Kan. -- The U.S. Defense Threat Reduction Agency DTRA has awarded Black & Veatch, a leading global engineering consulting and construction company, one of the agency's major Biological Threat Reduction Integrating Contracts BTRIC, with a collective ceiling of $4 billion over 10 years among the five selected contractors....; Tags: Construction, consulting, Outsourcing, U.S. Government, Ukraine; Research articles 2008-10-14
IBM Ranked #1 in Global Application Outsourcing Services Market: IBM (NYSE: IBM) today announced that industry analyst firm IDC has ranked IBM the worldwide leader in the application management services AMS market over Accenture, EDS and all Indian-based firms based on combined bundled and discrete services revenue in 2007.(1) According to IDC estimates, IBM held a significant combined...; Tags: IBM Corp., International Data Corp., outsourcing; Research articles 2008-10-14
606 Congress: 606 Congress 606 Congress St. (617) 476-5606. www.606congress.com. Seats: 120. Cuisine: "communal, fresh and diverse." Specialties: flash-fried calamari with pickled jalapeno and green onions; butter-poached lobster with Yukon gold potatoes, curry and asparagus; seared sea scallops with wild mushrooms and fingerling potatoes; "high falutin' mac and cheese" with black truffles...; Tags: Outsourcing, potato, U.S. Congress; Research articles 2008-10-13
CIOs from Avis, Nortel and the World Bank Predict what Recessionary Conditions will do to Outsourcing: Power panel to provide insights into decision-making and budgetary trends in a volatile economy NEW YORK -- OutsourceWorld, www.outsourceworld.com, the premier conference and thought-leadership forum focused on driving business development in the global sourcing, today announced a CIO roundtable that will address trends in IT spending and the impact...; Tags: Avis Rent A Car System Inc., CIO, Nortel Networks Corp., outsource, Outsourcing, Strategy, World Bank; Research articles 2008-10-10
GENEART Reaches Contest Final "Entrepreneur of the Year 2008": - Ernst & Young honours Germany's best mid-tier companies - Impressive growth rates and high innovative strength lead GENEART AG's team into the final - Prestigious business award will be presented at the Alte Oper Frankfurt on October 9, 2008. Regensburg,...; Tags: consulting, Entrepreneurship, Ernst & Young LLP, FINANCE, Germany, Outsourcing, SALES, Taxes; Research articles 2008-10-09
IDC Identifies 2007 Global Leaders in Discrete and Embedded Application Outsourcing Services: FRAMINGHAM, Mass. -- In this groundbreaking study, IDC estimates that as of year-end 2007 nearly $27 billion was earned in application management AM revenue among the top 10 global application outsourcing AO providers, with 64% tied to discrete engagements and 36% integrated within larger IS outsourcing ISO contracts. "Discrete...; Tags: International Data Corp., leader, outsourcing; Research articles 2008-10-07
Anadarko Provides Capital Markets Update: Completes $600 Million in Share Repurchases; Retires $350 Million of Debt HOUSTON -- Anadarko Petroleum Corporation (NYSE:APC) today provided updated information regarding its activities in the debt and equity capital markets. "During the third quarter, we completed a $600 million share repurchase and retired approximately $350 million of...; Tags: Anadarko Petroleum Corp., Outsourcing; Research articles 2008-10-07
Car giant might outsource RFQs: [Manufacturing] General Motors GM is considering outsourcing its RFQ processing in its North American purchasing function. A request for information sent to suppliers, and seen by SM, said the firm was studying the possibility of hiring an outsourcer to support the buying staff in its Indirect Material/Services, Machinery...; Tags: car, General Motors Corp., MARKETING, outsource, Outsourcing, supplier; Research articles 2008-10-02
Acxiom to Present at William Blair & Company Conference: LITTLE ROCK, Ark. -- Acxiom([R]) Corporation (Nasdaq: ACXM) announced today that John Meyer, chief executive officer and president, and Chris Wolf, chief financial officer, will present at the William Blair & Company Small-Cap Growth Stock Conference at 2 p.m. EDT Tuesday, October 7, in New York. An audio webcast of...; Tags: Acxiom Corp., INTERNET, MARKETING, Outsourcing, William Blair & Co.; Research articles 2008-10-01
Washington Management Group Releases GSA Schedule Rankings for Advertising and Marketing, Furniture, Law Enforcement, and Training: WASHINGTON -- Washington Management Group, the leading government contract consulting services firm, has released its newest round of GSA Schedule rankings for the following GSA Schedule contracts: * Schedule 541: Advertising and Integrated Marketing Solutions AIMS * Schedule 71 II H: Packaged Furniture * Schedule 84: Total...; Tags: advertisement, marketing, Outsourcing, training, U.S. General Services Administration, Washington; Research articles 2008-09-30
Healthaxis Expands Relationship with HealthSCOPE Benefits, Inc: Signs Multi-Year IT Outsourcing Contract to Deliver Additional Outsourcing Solutions Through BPO Management Services, Inc. IRVING, Texas -- Healthaxis, Inc., "Healthaxis" (Nasdaq: HAXS) an innovative provider of technology-enhanced, integrated business process solutions and services, including claims and benefit administration applications, web-enabled software solutions and outsourced claims related services for...; Tags: Benefits, BPO, FINANCE, HARDWARE, HEALTHCARE, Investment, merger, outsource, Outsourcing, SEC, SOFTWARE, Storage; Research articles 2008-09-30
PeopleSupport and Essar Services Receive Hart-Scott-Rodino Clearance from the Federal Trade Commission: LOS ANGELES & MUMBAI, India -- Aegis BPO, a leading global business process outsourcing BPO provider and part of Essar Group, one of India's largest and fastest growing business conglomerates with an estimated enterprise value of over $50 billion, and PeopleSupport, Inc. (Nasdaq: PSPT), a leading offshore BPO provider, today...; Tags: Aegis, BPO, Essar Group, FTC, India, Outsourcing, PeopleSupport Inc.; Research articles 2008-09-30
Outsourcing Makes General Motors a Real-Time, Global Company: Preview of Keynote Speech from CIO Ralph Szygenda at OutsourceWorld BOCA RATON, Fla. -- OutsourceWorld, the premier conference and thought-leadership forum focused on driving business development in the global sourcing industry, today gave a preview of the keynote address from General Motor's Group Vice President and CIO, Ralph Szygenda,...; Tags: General Motors Corp., Outsourcing, Strategy; Research articles 2008-09-30
Anadarko Announces Pre-Salt Discovery Offshore Brazil: HOUSTON -- Anadarko Petroleum Corporation (NYSE:APC) today announced a pre-salt discovery at the Wahoo prospect offshore Brazil in the Campos Basin. The 1-APL-1-ESS well is located on block BM-C-30 in approximately 4,650 feet of water approximately 25 miles southeast and syncline separated from Petrobras' previously announced pre-salt discoveries at the...; Tags: Anadarko Petroleum Corp., Brazil, offshore, Outsourcing; Research articles 2008-09-30
Strategy Analytics: Base Station Component Market Flat through 2013: Total Market Will Be Worth $1.1 billion through 2013 BOSTON -- Strategy Analytics' latest analysis on base station component demand, "Cellular Base Station RF Component Market 2008-2013," forecasts that cellular base station shipments will grow to 13.4 million units in 2013 a CAAGR compound annual average growth rate of...; Tags: Outsourcing, Strategy Analytics; Research articles 2008-09-29