| December 2008 |
Chennai Replaces Mumbai As Most Preferred Location 
Chennai, the second most preferred location last year, has emerged as the most preferred location for ITeS and BPO companies to set up delivery centers in India, according to a new study by Dun & Bradstreet.
Business booms for law firms as meltdown triggers rise in cases
While BPO companies are feeling the heat of the global meltdown and resorting to layoffs and other cost cutting measures, their LPO (legal process outsourcing) counterparts are thriving like never before because of the legal activity that has been generated by the sub-prime crisis in US. Moveover, the LPO segment reflects the prevailing boom in the legal services industry in India.
RR Donnelley To Buy Grafikom MIL Facility in Canada
RR Donnelley & Sons Co. (RRD: News ), a provider of print and related services, said Thursday it has signed a definitive agreement with RSM Richter Inc., the court-appointed receiver, to buy all equipment assets of Grafikom MIL facility and other selected operations in Canada.
Cebu is safe haven for BPO growth
A major international real estate company has decided to open a full-service office in Cebu as part of its confidence in the investment potential of the metropolis for tourism and Business Process Outsourcing (BPO). Tourism and BPOs have increasingly made Cebu a hub of foreign direct investment, a trend the company has noticed.
RR Donnelley Announces New Question and Answer Module for VenueSM Virtual Data Room
R.R. Donnelley & Sons Company (NYSE: RRD) today announced a major enhancement to Venue, its virtual data room solution. Launched in January 2008 as part of RR Donnelley's comprehensive Financial Services offering, Venue has been used by thousands of legal and financial services professionals for the secure storage of millions of pages of documents.
A UK booster for Indian LPOs
Ten of England's top 30 law firms have outsourced back office functions or legal work to India, a consulting firm claimed in a report today.
South Africa emerging as credible offshore destination
In a comprehensive study, the Everest Group has suggested that South Africa is emerging as credible offshore business destination. The study shows that the service provider industry in South Africa has established credible delivery across financial services sub-verticals (retail banking, insurance, asset management) and across BPO functions (front and back-office).
City is top 10 BPO destination
Davao City has added another distinction to its cap by ranking 4th in the Philippine 2008 Top 10 Next Wave Cities for ITO-BPO destinations. The award was conferred by the Commission on Information & Technology (CICT) and the Business Processing Association of the Philippines at the BPO Summit of the Philippines.
Top five outsourcing destinations to watch
Many companies consider Argentina an ideal location for outsourcing. Bulgaria is climbing as an outsourcing centre, catching up on more established centers such as the Czech Republic. Along with India, China is still a top outsourcing domain, and is growing in popularity. Egypt, Jordan and the United Arab Emirates (UAE) are all on the rise, along with Tunisia, Ghana, South Africa, and Israel- with its extremely skilled programming workforce. Southeast Asian nations are continuing to build up an outsourcing presence. The Philippines is one of the faster growing countries, vying with Malaysia, Thailand, Indonesia and Singapore.
R.R. Donnelley gets $100 million catalog deal
R.R. Donnelley & Sons Co. was awarded a $100 million agreement to produce catalogs and provide logistics services for Cornerstone Brands. R.R. Donnelley, which provides print and business-process outsourcing services, said the multiyear agreement "significantly expands" its relationship with Cornerstone, a unit of multichannel retailer HSN Inc.
Top 30 Countries for Offshore Service in 2008
This year, Gartner has assessed the suitability of 72 countries as offshore locations, and has announced its 'Top 30'. The analysis showed that the dynamic nature of the market has seen a number of countries position themselves as credible alternatives to the BRIC countries (Brazil, Russia, India and China).
RR Donnelley Acquires the Assets of Chilean Web Printer PROSA
R.R. Donnelley & Sons Company (NYSE: RRD) announced today that it has acquired the assets of PROSA, a Chilean web printing company located in Santiago from Copesa (Consorcio Periodístico de Chile) for a cash consideration of approximately $23.5 million.
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