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Wipro Technologies, a provider of IT services, has announced that its business process outsourcing or BPO division has partnered with Microsoft to provide global legal process outsourcing or LPO for Microsoft's intellectual property portfolio. Microsoft previously had had a mix of in house resources, outside law firms and offshore vendors to perform these intellectual property (IP) services. Moving to Wipro, with its BPO experience, international reach and global delivery capabilities, helped it with efficiency and consistency.
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The Indian BPO sector, which started as USD1.6 b market has seen a CAGR of 31 per cent and will cross the USD14.7 billion mark by end of 2010, said Nasscom President Som Mittal, inaugrating the 12th edition of the Nasscom BPO Summit. Though the Indian BPO business is growing, we have to overcome hurdles to create a right talent pool and infrastructure. Earlier, BPOs were concentrated in Tier I cities, however now they have realiseed the potential available in domestic market and are at aiming smaller cities, he added.
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Infosys BPO announced that it has received two awards at SSONb s (Shared Services & Outsourcing Network) 2010 North American Shared Services Excellence Awards. Infosys BPO along with its clients McClatchy and P&G were adjudged winner and runner-up and respectively under the category b Best New Outsourced Services Delivery (under 3 years)b at the award ceremony held at Orlando, Florida.
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Indian media company UTV Software Communications has signed a five-year deal with IBM to streamline its key provisions. The technology giant will take over the companys finance and accounts, rights management, procurement, projects, material management and other key functions in a bid to provide a customer-centric operating environment. Included in the contract is Indias first cloud-enabled email system, according to the company.
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IKF Technologies, one of the leading IT company today announced that it has bagged contract from Metlife India Insurance Company. This is in addition to AIRCEL contract achieved for entire eastern region. This contract from Metlife India Insurance Company Limited is for telecalling activities i.e. BPO and call centre services relating to insurance segment for PAN eastern region initially for a period of 12 Months.
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Outsourcing service provider Hinduja Global Solutions Limited (HGSL) has,through its European subsidiary, acquired 100 percent stake in UK-based customer relationship management company, Careline Services.Careline Services is a leading contact centre provider servicing more than 20 marquee customers across verticals such as government, FMCG, financial services, automobiles, telecom & retail. Established in 1997, it has over 1,000 employees across three sites in the UK, one in London and two in Scotland. It handles in excess of 50,000 customer interactions every day across multiple channels and in 14 languages. The CEO of Careline Services, the senior management team and key employees of Careline Services will continue in their roles after the acquisition.
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MphasiS, an IT services provider, has opened a new Business Process Outsourcing (BPO) centre in Raipur, Chhattisgarh. The centre will kickstart the BPO by providing services to Idea Cellular, which is the largest mobile services operator in the Madhya Pradesh and Chattisgarh area. MphasiS intends to recruit over 500 employees at the Raipur center. The centre was formally inaugurated by Dr. Raman Singh, Chief Minister of Chhattisgarh today in the presence of Ramesh Bais, Member of Parliament, Raipur and Brijmohan Agrawal, Minister-Public Works Department, School Education and Parliamentary Affairs, Chhattisgarh.
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Outsourcing giant announces plans to expand Indian BPO centres, having significantly cut US and European workforce in 2009. IBM has announced that it will increase its business process outsourcing (BPO) resources in India during 2010 by at least 5,000 people. The company currently operates BPO facilities in a number of Indian cities, including Mumbai, Kolkata, Pune, Hyderabad and Gurgaon, and indicates that any expansion will likely take place in existing locations. It hopes to capitalise on an anticipated uptick in demand for BPO services during the coming year.
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Indian media company UTV Software Communications has signed a five-year BPO deal with IBM to streamline its key provisions. The technology giant will take over the companys finance and accounts, rights management, procurement, projects, material management and other key functions in a bid to provide a customer-centric operating environment. Included in the contract is Indias first cloud-enabled email system, according to the company.
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Indias Business Process Outsourcing (BPO) sector is expected to grow 15-16 percent this fiscal, a top official of the industry group has said. The back-office outsourcing business registered a turnover of USD12.4 billion in the last financial year (2009-10). 'We expect the growth this year to be 15 to 16 percent higher than last year,' says National Association of Software and Service Companies (NASSCOM) President Som Mittal.
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Firstsource, a leading global provider of Business Process Outsourcing (BPO) solutions, has announced its intention to expand into Middlesbrough, by setting up a new contact centre, which will employ more than 500 people. The location will be a newly renovated building at Fountain Court in the centre of Middlesbrough.
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Indias BPO sector grew 6 percent this year but looks like the situation was improving rapidly. But now again, people are raising a flag of caution. Vikram Talwar, chairman of Nasscomb s BPO Forum and executive chairman of BPO company EXL Service, said bad news was still around. "The European crisis looms, the US numbers are still not good. A double dip is possible. We should be able to take those challenges,"he said at the inaugural session of Nasscomb s BPO Strategy Summit 2010.
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Indian third party business process outsourcing (BPO) firm, Genpact, has announced a multi-year contract with the Tokyo-based Hikari Tsushin Inc, expanding its footprint in Japan. This BPO contract would start small and then scale up.The contract covers three types of services , finance and accounting, IT infrastructure support, and customer service. It also includes China, where Hikari is expanding.
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India's Knowledge Process Outsourcing KPO market is forecast to grow by 25 to 30 per cent annually till 2013, driven by rising demand for professional services, global research firm Gartner said.The emerging KPO space, which constitutes a small part of the overall business process outsourcing (BPO) sector, is estimated to have a market size of USD 50 to 70 million at present.
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The Hinduja Group is looking to acquire business process outsourcing (BPO) units in the United Kingdom and the United States as part of its plan to deploy idle cash.At the end of March, Hinduja Global Solutions, the groupb s BPO arm, had cash and cash-equivalents of Rs 648 crore.
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Aditya Birla Minacs has bought Bureau of Collections Recovery (BCR), a leading accounts receivables management company in the US, in an all-cash deal. This is the Bangalore-based customised business process outsourcing (BPO) solutions providerb s second acquisition in three months, and it is looking at more deals, including strategic ones.
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The business process outsourcing (BPO) unit of Indian IT services firm Mahindra Satyam has had its contract with GlaxoSmithKline (GSK) renewed for another five years. The Hyderabad-headquartered company has provided the UK pharmaceutical major with logo, production and promotional graphic artwork design services on and off for the last five years.
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