Featured Blog Posts – September 2010 Archive (5)

One of the effects of the recent economic meltdown is American and Western European consumers looking for cheaper products. Many are shaken and struggle to pay off existing loans, let alone feel comfortable to engage new ones. At the same time are billions of consumers in Asia, South America and in a lesser extent Africa, entering the middle class. But a middle class which can only afford cheap products. Companies react to these developments by producing cheaper products and services, like…

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This week, the Indian press have rumoured that Cognizant Technology is looking to buy Genpact, and is currently carrying out its due diligence of the BPO company that was initiated a few weeks ago. It is expected that Genpact investors are expecting a 30% premium on the market value of the company. General Atlantic and Oak Hill Capital currently hold 89.57 million shares in Genpact (41%), while Wells Fargo holds 12.46 million shares (6%), and GE 19.95 million shares (9%).



BPO… Continue

Brazil is in the heart of the growth in Latin America outsourcing. Forrester research predicted that the Latin American market for outsourced services will grow 12% in 2010 to $8 billion. According to BRASSCOM (the Brazilian equivalent to NASSCOM), Brazil’s offshore market rose 75% to $1.4 billion in 2008.



As one of the BRIC countries, Brazil is expected to have high growth over the next few years and with a 8.8% growth rate in Q2 2010 it is meeting those expectations. The market is… Continue

Global bank, Barclays, is set to create 600 jobs in the city of Glasgow, Scotland. It plans to expand its presence in the city, with a new facility for its investment banking and wealth management division, receiving more than £6.5m in Regional Selective Assistance Funding from Scottish Enterprise.



As part of this project, Barclays is establishing a global shared services hub in Glasgow to support the activity of its investment banking and wealth management divisions and should take… Continue

Last week’s warning from the Chartered Institute of Personnel and Development (CIPD) on the dangers of the proposed immigration cap should be a stark warning to us all about the dangers of creating a skills gap in this country. After releasing figures which pointed to a 14% reduction in the number of work visas issued in the year to June 2010, the CIPD argued that not only is the present points-based system actually working, but that employers will struggle to fill the resulting skills gap…

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