By the months end, if the first few days of a month can be an indication of how well an industry can perform. Several different outsourcing companies have ushered in lucrative agreements since the start of December aside from ushering in the holiday season. A procurement agreement was penned between Innerworkings Inc. in the US, a provider of the managed print and the promotional procurrement solution and the Scotts Company LLC which is a subsidiary of the Scott Miracle Grow Company. The news release of the agreement was the first with the news hitting the web via the globe newswire. In the UK Interserve signed a 200M pound a contract where Interserve will be in charge of delivering facilities services for the HSBS retail sites and offices in and around the UK, Channel Islands and the Isle of Man. By the Interserve this year including a deal with the process engineering contractor Costain Oil and Gas Process Ltd, this is just one of the most very lucrative deals signed by Interserve and a 110 million pounds contract to design and construct a new prison for the Ministry of Justice in Woolwich, England.
The world’s largest manufacturer of commercial aircraft and a subsidiary of the European Defense and Space Company. The deal valued at around $20 million involves Satyam providing technical support for the Engineering services and maintenance. It is certainly a good news for Satyam, perhaps ensuring a good year end outlook after the accounting scandal that rocked the company. The Capgemini and Renault a three year contract wherein French company Renault will be outsourcing its application management to Capgemini. The Renault is currently the world’s fourth largest automaker, thanks in the part to its alliance with Japanese automaker, Nissan.
Along with the deal, the Capgemini received the added prestige of being named a preferred partner of Renault with Capgemini’s global revenue for the year 2008 finishing up at $8 billion pounds, it is easy to surmise that the company will enjoy tres bien earnings for the year 2009 with the deal in place. The Optus signed HP Enterprise Services in an outsourcing deal to provide key applications including the billing and data warehousing underlining the need for innovating customer experience.
OPtus is a subsidiary of Singtel and the second largest telecommunications company in Australia is perhaps looking for the better strategies in order to overtake Telstra which is currently first in Australia. The Optus revenue was only about a third of Telstra revenue which was around $24.8 billion that is being a brand unto itself may be just the ticket Optus needs to overtake Telstra, It is not just Optus though that is signing outsourcing deals in the outback. The multinational mining company.
REFERENCE:
http://www.blog.infinit-o.com/december-begins-outsourcing-contracts-plenty/
