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New IT outsourcing model to integrate local and offshore resources
PARIS (March 12, 2003) – Cap Gemini Ernst & Young (CGE&Y), Spain, a global leader in management consulting and IT services, has been selected by GE as a European Global Development Center (GDC) for IT services to a number of GE businesses.
CGE&Y (www.cgey.com) has a global practice focused on helping companies in Manufacturing, Retail and Distribution (MRD) industries transform their businesses by driving revenue, margin and shareholder value while helping them adapt to market volatility.
The center, located in Madrid, Spain, introduces a new IT outsourcing model that integrates near-shore and offshore resources, providing both local knowledge and global reach. CGE&Y Spanish Near-Shore Development Center will offer GE the advantages of proximity, localization and stability. “This new model uses local resources and will provide us with a near-shore solution,” said Steve Morrison, Global GDC Director for GE. The center will provide a variety of development and other IT services, offering flexibility, quick response, access to a network of experts, strong infrastructure management capabilities and experienced management. “With this new model, we are committed to providing to GE our reputable, high-quality services and global delivery capabilities at competitive market price points,” stated Tom Reynolds, Vice President and Leader of the Global High-tech Practice at Cap Gemini Ernst & Young Group (CGE&Y). “Our strategy of combining local and offshore resources offers clients solutions that are truly flexible and adaptive, which is particularly critical in today’s volatile marketplace.” Spain is recognized as a leader for near-shore delivery within CGE&Y, providing outsourcing of applications and infrastructure capabilities at competitive prices. “Our Spanish Near-Shore Development Center is a state-of-the-art facility with an excellent delivery infrastructure that enables it to deliver both projects and services,” said Riccardo Brizzi, Vice President and Account Executive, GE Europe, for Cap Gemini Ernst & Young Group. “The facility has specific skills in near-shore delivery and quality assurance.” Alliance announces clean energy initiative BOSTON (August 23, 2003) - An alliance of environmental, industry, academic, and government organizations has formed a coalition, the Northeast CHP Initiative, to spearhead the installation of clean, reliable, energy-efficient ‘combined heat and power’ (CHP) systems throughout the Northeast. About 75% of mergers fail due to poor evaluationDURHAM, North Carolina (August 23, 2003) - As mergers and acquisitions make a comeback, a recent study shows that an overwhelming 75% of large company M&A deals fail to increase shareholder value. World's first corporate governance guidelinesSYDNEY, Australia (August 23, 2003) - Following the recent spate of high profile corporate collapses across the world, an Australian company, SAI, has developed the world's first consensus based guidelines for organisations seeking to improve their corporate governance practices. May I have the envelope, please?It’s tough to be an independent trading exchange these days. Stock prices are down, IPOs are cancelled and business is tough to find – and that’s just among the survivors. To add insult to injury, every speaker at e-business conferences these days seems to start with a joke at their expense. OneChem and webMethods deploy integrated customer care solutionMIAMI, Florida (April 24, 2001) – OneChem (onechem.com), an application service provider to the chemical industry, and webMethods (webMethods.com), a provider of integrated software solutions, have successfully implemented the OneChem Customer Care integrated solution at Vulcan Chemicals. Eastman takes steps to improve profitabilityKINGSPORT, Tennessee (August 27, 2003) - Eastman Chemical has outlined steps to improve profitability by addressing under-performing businesses and product lines in one of its major segments. Honeywell builds on commitment to ChinaTIANJIN, China (August 20, 2003) - Honeywell Industrial Measurement and Control has opened a center for assembling smart pressure transmitters in Tianjin, China. A new pollution solution – fuel cells for fresh airTORONTO (August 20, 2003) - The first phase of a new clean air initiative, fuel cells for fresh air, have been unveiled at the Canadian National Exhibition’s (CNE) Green Day event! Core Microsoft Office products are complete and released to manufacturersREDMOND, Washington (August 20, 2003) - Microsoft has now completed the core products in the new Microsoft Office System and has released all products to manufacturing, marking what Microsoft describes as a critical step in the delivery of the company's most powerful and and
valuable release of Office.
Aberdeen: IT today must start with business prioritiesThe slow economy of the past three years has fundamentally shifted the relationship between Information Technology and the business units they support, and Aberdeen Group predicts the change is here to stay. Gone are the go-go days of the late 1990s when IT spending became "a technology arms race." Today, IT is more firmly focused on incremental returns, enabling change and supporting business goals. AMR: In projecting ROI, think long termWhen calculating the projected return on investment (ROI) from a Manufacturing Execution System (MES) project, AMR Research believes most companies are so focused on the near term they are missing the larger picture. More importantly, what AMR has documented for MES projects seems likely to apply to the broader universe of IT decisions as well. AspenTech honors Owens Corning with Customer Innovation AwardWASHINGTON (October 28, 2002) - Aspen Technology, has honored Owens Corning with its first Aspen Technology Customer Innovation Award. The award recognizes Owens Corning's application of AspenTech's manufacturing solutions to increase the profitability of its roofing and insulation plants. eToken ensures secure access to SAP solutionsCHICAGO (March 14, 2003) – According to digital security provider, Aladdin Knowledge Systems, eToken has been successfully interface-certified by SAP, providing customers with an innovative USB authentication solution. Bayer to manage price risk with online toolWAYNE, Pennsylvania (December 3, 2002) -- Bayer Corporation has signed an agreement to access Planalytics GasBuyer, a Web-based risk management tool for purchasing and hedging natural gas. Ashland names Cappeline vice presidentCOVINGTON, Kentucky (December 3, 2002) -- Gary A. Cappeline, 53, has been named vice president, Ashland Inc. (NYSE: ASH), and president, Ashland Specialty Chemical according to James J. O'Brien, Ashland Inc. chairman and chief executive officer. The appointment will be effective December 4. Managing for high performance: It's all about respectHORSEHEADS, N.Y. (December 3, 2002) -- Poor management practices are to blame for everything from low employee morale to repeated corporate downsizing, says syndicated business columnist Gene C. Mage. Solutia to sell resins, additives, adhesive businesses to UCBST. LOUIS, Missouri (December 3, 2002) -- Solutia Inc. (NYSE: SOI) today announced that it has signed a definitive agreement to sell its resins, additives and adhesives businesses to UCB S.A. for U.S. $500 million cash. In addition, UCB has made an upfront payment of $10 million for a short period of exclusivity. The sale is expected to close in early 2003, subject to completion of normal regulatory approvals and other customary closing conditions. Mitsubishi Chemical Group to launch plastics solution siteTOKYO, Japan (October 29, 2002) - Mitsubishi Chemical and 10 Mitsubishi Chemical Group companies are to launch a plastics solution site on the Internet from November 1, 2002. Following its launch, the Web site can be found at www.plastics-net.com. Elemica and Optimum Logistics form strategic allianceSTAMFORD, Connecticut (October 30, 2002) - Elemica, an e-hub serving the chemicals industry, and Optimum Logistics, a provider of supply chain execution, event management, and trade documentation to global shippers, have formed an agreement to provide Optimum Logistics solutions via the Elemica Network. Atrion launches ChemAware, online chemical legislation databaseMONTREAL, Canada (June 25, 2003) - Atrion International has launched ChemAware, a free online database of global chemical legislation for nearly 200 countries. ChemAware enables professionals to quickly and easily query for specific legislation in a certain country and, if it exists, to find where that legislation is located on the Internet.
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