BearingPoint Named 2008 TOP 10 China IT Outsourcing Services Provider

by Editor 6/25/2008 2:55:00 PM
BearingPoint, Inc., one of the world’s largest management and technology consulting firms, announced today that it has been recognized as one of the 2008 Top 10 China Outsourcing Services Provider at the 6th China International Software and Information Summit (CISIS) in Dalian.

The award – given by CISIS and InformationWeek China – is based on excellence in business, clients served, human resources and the financial health of the company. BearingPoint was selected a winner after an in-depth review of its business and capabilities compared to nearly 100 other outsourcing providers in China.

The judging commission commented that “as the clear outsourcing leader in China, BearingPoint enjoys a healthy competitive advantage particularly in providing strategy and solutions. BearingPoint has been able to win a number of outsourcing projects by leveraging its global footprint and capabilities.”

The commission also noted the significant progress that BearingPoint has made in China by providing both strategic and implementation services for government agencies and industrial parks.

For example, BearingPoint successfully managed the outsourcing strategy and planning for the China-Singapore Suzhou Industrial Park (CSSIP). One of the key accomplishments of the engagement was the development of an outsourcing strategy for CSSIP to better leverage existing manufacturing and industrial capabilities to deliver services and achieve coordinated growth across the firm. BearingPoint also helped CSSIP identify the company’s market potential in the local and global outsourcing market, set the strategic direction for growth, and establish goals and implementation objectives.

This honor builds on the recognition that BearingPoint has already received in the China outsourcing market including;

  • “Top 10 IT Consulting Firms” recognized by the ERP world.net and China Software Industry Association (CSIA) and
  • China CEO, Ron Machan, was named as one of the top “China Outsourcing Service Industry Leaders” by the China Outsourcing Service Center.

About BearingPoint, Inc.

BearingPoint, Inc. is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in more than 60 countries worldwide. Based in McLean, Va., the firm has more than 16,000 employees focusing on the Public Services, Commercial Services and Financial Services industries. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to “next-generation” technology. For more information, visit the Company's Web site at www.BearingPoint.com.

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CSC chosen as Top Technology Provider

by Editor 6/25/2008 1:16:00 PM
CSC today announced that it has received nine insurance industry recognitions from three separate groups during the 2008 ACORD LOMA Insurance Systems Forum. The awards, which were determined by property and casualty (P&C) insurance carriers, include first-place rankings in integrated systems, information technology (IT) services and IT outsourcing. The company also received an early adopter award for its leading administration system for life and annuity products, CyberLife.

"With one of the industry's broadest portfolios of insurance software and consulting services, CSC continues to deliver practical yet inventive solutions that answer immediate mission-critical client needs," said Ray August, president of CSC's P&C Insurance Division. "These industry acknowledgments validate CSC's ongoing commitment to helping insurance companies achieve business results."

Five of the industry awards were determined by the results of the second annual Vanguards in Insurance Practices survey conducted by Insurance Networking News and research firm Celent. The survey, which assesses the opinions of insurance carriers in the United States and Canada, ranked the top insurance technology providers across several categories.

Insurers were asked to name the technology firms that represented the "best of the best" in terms of delivering value. CSC was the only firm to receive two first-place rankings -- one for integrated systems and another for IT services -- as well as a second place in point solutions. In addition, CSC and its client, Accident Fund, shared first-place Best Practice Case Study honors for Accident Fund's use of CSC's POINT IN Agency Link software. CSC also received an honorable mention in this category.

"There is nothing decision-makers appreciate more than insight from their peers," said Craig Weber, senior vice president of Celent, which led the survey analysis. "That's why we base the Vanguards in Insurance Program on data gleaned purely from surveying insurance carriers and brokers."

At the conference, CSC was also selected as an Insurer's Choice 2008 technology firm. CSC ranked first in IT outsourcing for P&C insurers and in the top three in both operations and workflow. Insurer's Choice is an annual survey of the insurance industry co-sponsored by Tech Decisions and Financial Insights, an IDC company. This year's results reflect responses from more than 600 insurance professionals.

ACORD, a nonprofit insurance standards organization, also presented awards recognizing achievements in ACORD data standards implementations. CSC received an Early Adopter award for adding three more ACORD XMLife standards to CyberLife.

About CSC

CSC is a leading IT services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.

With approximately 90,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in Falls Church, Va., CSC reported revenue of $16.5 billion for the 12 months ended March 28, 2008. For more information, visit the company's Web site at http://www.csc.com

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Ernst & Young tops Google among undergraduate business students

by Editor 6/25/2008 1:08:00 PM
Ernst & Young LLP moved into the number one spot on Universum USA's 2008 survey of IDEAL employers for undergraduate business students and jumped eight positions to number four among all undergraduate students. The survey, the largest of its kind in the U.S., included responses of more than 40,000 college students.

Ernst & Young rose up the undergraduate business student ranks this year from number three in 2007 to number one in 2008, surpassing Google and PricewaterhouseCoopers. The firm also ranked number one this year in a survey of students majoring in accounting and ranked the highest of all accounting firms on a separate Universum undergraduate survey focused on diversity.

"The Universum surveys are particularly important to Ernst & Young because they represent the views of such a large number of undergraduate students. We are proud that Ernst & Young is ranked number one among undergraduate business students and, more importantly, that we are communicating our culture and values in a way that is resonating," noted Nancy Altobello, Ernst & Young's Americas Vice Chair, People. "This recognition underscores the importance of giving students a full and realistic view of why our firm is a great place to work."

Ernst & Young will hire more than 5,500 students as interns or full-time hires this year. The firm has been recognized for its world-class internship program, innovative campus events, and ground-breaking recruitment strategies including a highly-trafficked group page on Facebook. This past year, the firm also launched Reel Influence, a campus video competition, and EY Insight, an interactive web tool available at www.ey.com/us/eyinsight.

Ernst & Young is one of FORTUNE's "100 Best Companies to Work For" and one of Businessweek's "Best Places to Launch a Career."

"Ernst & Young is the perfect example of how consistent and targeted efforts pay off when trying to attract this complex new generation," said Claudia Tattanelli, CEO of Universum USA. "Ernst & Young has been able to understand students' attitudes and values and find new high-tech high-touch ways to communicate with them effectively. The new campaign has resonated in their hearts and in their minds, and so has EY's presence on social networking sites, which has been successful without being invasive. Students are now rewarding EY for its efforts, for understanding them and for providing them with the tools they need to succeed."

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.

For more information, please visit www.ey.com.

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Almost half of IT workers admit to snooping in confidential files

by Editor 6/24/2008 3:32:00 PM

A recent research by software firm Cyber-Ark has revealed that almost half of all IT workers periodically snoop around networks to gain access to their companies' confidential files. 

"When it comes down to it, IT has essentially enabled snooping to happen. It's easy -- all you need is access to the right passwords or privileged accounts and you're privy to everything that's going on within your company," said Mark Fullbrook, Cyber-Ark's U.K. director. 

30 percent of the respondents said that privileged passwords were only changed once every quarter, while nine percent said that the passwords were never changed, which granted access to confidential information even to people who had left the company a while ago. 

"As we have seen many use their privileged passwords without having to seek authorization, and if the price is right, what's stopping them from choosing to trade information to the highest bidder," Fullbrook wondered. "Companies need to wake up to the fact that if they don't introduce layers of security and tighten up who has access to vital information by managing and controlling privileged passwords, snooping, sabotage and hacking will continue." 

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Oracle to launch Health Sciences Global Business Unit

by Editor 6/24/2008 2:56:00 PM
Responding to continued growth in clinical trials as well as the increasing linkages across life sciences, diagnostics and healthcare, Oracle has announced the formation of a new Global Business Unit focused on software applications for the health sciences industry. Neil de Crescenzo has been named Senior Vice President and General Manager for the business unit.

-- The Oracle Health Sciences Global Business Unit will build on Oracle's proven track record in the sector. Today, 20 of the 20 top pharmas and 14 of the 15 top U.S. hospitals run Oracle.

-- The Oracle Health Sciences Global Business Unit will help health sciences organizations discover, develop and successfully market innovative products and services to prevent and cure disease, enhance quality of life and meet their shareholder and stakeholder expectations.

-- Oracle today offers the sector's most comprehensive suite of software applications for clinical development. These products can be deployed individually or together and include Oracle Clinical, Oracle Remote Data Capture, Oracle Thesaurus Management System, Oracle Adverse Event Reporting System, Oracle Life Sciences Data Hub and Oracle's Siebel Clinical Trial Management System.

-- Oracle's application platform for health sciences helps companies bring together all the critical aspects of the clinical development, safety and pharmacovigilance processes into a single, open platform built on state-of-the-art technology.

-- Oracle's clinical applications provide a streamlined system for managing large volumes of patient data collected during clinical trials. They offer features for modeling any kind of clinical study, automatically storing components for reuse in a flexible global library.

-- The company also offers Oracle Healthcare Transaction Base, which helps healthcare companies simultaneously improve patient care and control costs by providing a foundation for interoperability and integration of existing and new systems.

"Accenture believes the industry needs to move to a more integrated set of clinical capabilities to realize the strategic value of the data available to support research and development," said Arjun Bedi, Global Lead of Accenture's Health & Life Sciences R&D practice. "We welcome efforts like Oracle's to bring together and enhance the necessary components to enable such a capability. With our range of services and the right software components, we can help our clients realize more business value from their R&D investments."

"There is a dramatic transformation taking place today in life sciences, diagnostics and healthcare in order to accelerate insights for better health. The creation of the Oracle Health Sciences Global Business Unit signals Oracle's commitment to this important sector and our focus on delivering value to health sciences organizations by offering them a comprehensive set of capabilities and superior ownership experience," said Neil de Crescenzo, Senior Vice President and General Manager, Oracle Health Sciences Global Business Unit.

Supporting Resources

Oracle in Health Sciences http://www.oracle.com/industries/health_sciences/index.html

Oracle Clinical Applications http://www.oracle.com/industries/life_sciences/clinical.html

Oracle Life Sciences Applications Receive Positive Rating from Leading Analyst Firm http://www.oracle.com/corporate/press/2008_mar/lsamarketscope.html

Oracle Life Sciences Customer Success http://www.oracle.com/customers/industries/lifesciences.html

Oracle Healthcare Transaction Base http://www.oracle.com/industries/healthcare/htb.html

About Oracle

Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

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Top-Consultant launches Partners' Circle

by Editor 6/24/2008 2:40:00 PM
Management consulting job portal Top-Consultant has announced the launch of the “Partners’ Circle” for Partners and Associate Partners of UK-based consulting firms.

The purpose of the “Partners’ Circle” is to provide members with access to experts in a number of areas that are relevant to the success of their consulting business.

Membership and the benefits that it entails are free. The benefits include access to a series of virtual seminars, networking events in Central London, one-on-one sessions with specialist business mentors, white papers, benchmarking trends, key data from the consulting industry and other services.

To register for the Partners’ Circle, please visit Top-Consultant.

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Technology brands are most discussed in social media

by Editor 6/24/2008 2:32:00 PM
Independent public relations agency immediate future has released its annual "Brands in Social Media" report. The report, now in its second year, shows consumer conversations, reviews, comments and mentions, and reveals how the presence of the biggest global brands is increasing across social media, including social networks such as Facebook, Myspace and Bebo.

The top three most talked about brands online are Google, Yahoo! and Apple, closely followed by entertainment companies such as MTV and Disney. Car marques enjoy increasing online chatter, with six featuring in the Top 25 most talked about brands. This is a two third increase on last year, with new entries from luxury car manufacturers Porsche and Mercedes joining Ford, BMW, Honda and Toyota.

The 'Brands in Social Media' report offers insight into conversations and brand mentions about global brands in social media such as blogs, forums and networks like Facebook and Bebo. The research examines both the popularity and sentiment of the Interbrand's Top 100 (2007) to discover the most talked about brands online, alongside positive and negative attitude towards a brand in social networking groups.

This year's 'Brands in Social Media' Top 10:

1. Google

2. Yahoo!

3. Apple

4. Sony

5. Disney

6. Nintendo 

7. eBay

8. Ford

9. Microsoft 

10. Canon

Katy Howell, managing director of public relations specialists immediate future, highlights the biggest changes since the last report, "It is clear from our research that conversations and brand mentions, across all industry sectors, are increasing year on year. The number of media channels now available in social media is expanding too, with emerging platforms such as Twitter providing a new focus for brand conversations.

"Brand perceptions and reputations are being formed, changed, damaged and applauded across social media. Our snapshot of the brand share of voice is a first step in identifying the opportunities for brand engagement as well as the potential crisis issues."

Not all brands are discussed equally across the differing social media channels. MTV does well in YouTube and photography brands such as Canon excel in Flickr. Starbucks claims lots of brand mentions in sites like Twitter, where it is often cited as a spontaneous meeting place!

Understanding that brand mentions alone cannot provide a full picture of a brand's share of voice, immediate future scrutinised the branded groups generated by consumers in popular social networks. The resultant snapshot shows a largely positive sentiment for brands like Starbucks, Disney and Nike.

The Automotive sector holds one of the strongest positions, with Honda, Porsche, Ford, Mercedes and Toyota all showing highly brand favourability and, crucially, low negative reaction. Some brands don't fare so well and in particular Microsoft, EBay and McDonald's garner a greater amount of criticism.

Howell concludes, "'Brands in Social Media' provides the starting point for understanding how consumers and customers regard a brand. Using this information, as well as observing who is leading these conversations and how they are linked, it is possible to identify which types of social media a brand must monitor and engage with to enhance and increase advocacy and recommendation."

The 'Brands in Social Media' report is available from Tuesday 24th June, at the Online Media and Marketing Show at the Business Design Centre. Katy Howell will be speaking at the event in the Online Advertising Arena on Wednesday, 25th June at 1pm. She will be discussing the report and how best to tap into social media conversations and deliver tangible results.

About 'Brands in Social Media' research

immediate future analysed a variety of popular social media including microblogging sites like Twitter, forums, blogs and social sharing sites like You Tube and Flickr, alongside social networks, MySpace, Bebo and Facebook. The report examines share of voice for each brand and compares this to the economic and offline rankings of respected reports: The 2007 Interbrand Top 100 and the more recent Millward Brown 'BrandZ' research.

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Green IT business strategies for competitive advantage

by Editor 6/24/2008 2:14:00 PM
Contractors that don’t incorporate environmental impact into their business strategies may be missing out on a competitive advantage. Agencies face growing information demands, rising costs, shrinking budgets, and a federal mandate to reduce energy consumption by 30% by 2015, increasing demand for solutions that reduce agencies’ costs and environmental footprint. According to a recent report from INPUT, the authority on government business, contractors that build the environmental efficiencies of their solutions into business strategies, proposals, and customer discussions stand to gain an edge.

“Industry has been wondering how to embrace this green movement,” said Deniece Peterson, senior analyst with INPUT. “It turns out that it is more than another box on the compliance matrix, however, because green means both environmental stewardship and cost savings to federal agencies.” Green IT is a growth market that presents near- and long-term opportunities for contractors. But contractors need to incorporate the government’s environmental objectives into their business planning by identifying the environmental impact of their solutions, developing metrics to help agencies set benchmarks, and recruit talent with niche expertise.

Green IT solutions can cover a broad range. For electronics, agencies are required to use the Electronic Product Environmental Assessment Tool (EPEAT) to acquire environmentally-friendly electronics, as well as ensure that Energy Star features are enabled on computers and monitors. Contractors not on the list of EPEAT-certified products will have a tough time selling to government. Virtualization within data centers is also receiving more attention due to the massive amount of energy consumed by federal data centers. But contractors can look beyond these areas to energy monitoring systems, power management software, application integration solutions, and systems management solutions. Contractors should also consider the assessment and consulting side of green IT. Many agencies lack the baseline energy usage and progress metrics needed to know where they are now, where they can reasonably go, and when they’ve gotten there. Energy audits, infrastructure assessments, and process and policy development are areas where agencies need help.

Contractors shouldn’t discount other solutions that are not typically considered green. “Green IT is about using technology to deliver comparable or better performance using fewer resources,” stated Peterson. “Solutions such as Service-Oriented Architecture (SOA) and Software-as-a-Service (SaaS) may not be ‘green’ in and of themselves, but their impact on energy usage could be significant.”

Contractors should incorporate the environmental impact of their solutions into value propositions, engage customers in discussions about their energy objectives, and join organizations like the Green Grid, which works with industry to develop efficiency standards. Peterson also encourages contractors to find a niche in which they have, or can acquire, a deep level of expertise. “Everyone is on the green bandwagon, so credibility and examples of real cost savings will be critical,” she says. “If the front guy of your green initiative is in the marketing department rather than product development, gaining credibility may be an uphill battle.”

These findings and others were released in an INPUT Industry Insight Report, Going Green: Strategies and Solutions to Serve the Federal Government. More details are available at http://www.input.com/corp/library/detail.cfm?ItemID=5869&cmp=OTC-mrgreenit062308.

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SharePoint360 launches new Internet solution for businesses

by Editor 6/24/2008 2:09:00 PM
To compete effectively, companies today must build and maintain full-featured Web sites that showcase their offerings clearly and creatively. Yet the high up-front design fees, as well as the ongoing costs and complexities of managing a dynamic Web site through third-party design firms, have turned this business necessity into a business nightmare for many organizations.

To eliminate the challenges of Web site design and maintenance, SharePoint360 LLC, a San Diego-based SharePoint hosting and consulting firm and Microsoft Gold Certified Partner, launched SharePoint360 Web. This cost-effective service provides businesses across the globe with a simple, non-technical method for transforming the way public-facing Web sites are created and managed.

SharePoint360 Web is a unique hosted solution utilizing the SharePoint Web-based collaboration and document management platform. As the fastest growing product in Microsoft's history, SharePoint literally changes the way business is done. Now, SharePoint360 LLC is taking advantage of its highly specialized SharePoint expertise to allow organizations to produce and maintain their own Web sites in a matter of hours, with built-in Web 2.0 features such as blogs, calendars, alerts, RSS feeds, wikis and search capabilities. Best of all, any existing staff member can utilize the service, without the need for a webmaster, an FTP site, Web design software or even entry-level programming skills.

sharepoint360

"The old model of having an outside design firm controlling your site and your ongoing updates is antiquated, inefficient and can be very frustrating and costly," said Paul West, one of the principals for SharePoint360 LLC. "With SharePoint360 Web, we demystify the design and maintenance process so that the customer is in complete command of one of the most important aspects of their business – their Web site."

The SharePoint360 Web approach is already paying off for StarvingStudent.net, a new social networking community to serve as a resource for millions of high school graduates, college students and their families. StarvingStudent.net had elaborate Web site requirements that challenged the capabilities of most Web design and development software, including the ability to customize profiles for individual campuses nationwide, while allowing users across all campuses to exchange information, collaborate on projects online and download resources.

"We tried working with a design firm that used its own Web building software, but we were unhappy with the level of flexibility available to us," said Anthony Rodriguez, president of StarvingStudent.net. "After some research, we came across SharePoint360 Web, and it allowed us to quickly and effectively jumpstart our site development. Now we not only have a Web site that is exactly how we envisioned it, but we can also do much more on our own than we ever thought possible."

Use of the service begins with selection of a domain. Customers can then choose to produce a Web site that is as basic or as sophisticated as they want. Although a standard template can be used at the onset for instant deployment, businesses can customize their sites to suit specific requirements, whether that means embedding Google Analytics, creating image libraries or adding Flash animation or collaboration capabilities. Companies can explore even more creative options by using SharePoint Designer, Microsoft's latest Web design software.

After a customer's initial Web site is up and running, non-technical users can continue to manage the system, performing ongoing updates in seconds. Designated administrators simply sign in and post documents in real time. In addition, new pages can be created and added in minutes, and images can be uploaded quickly using an intuitive SharePoint360 Photo Webpart.

"SharePoint360 Web is a great entry point into SharePoint," said Cliff Smeed, co-founder/principal for SharePoint360 LLC. "Its user friendly interface and customizable features simply trump the traditional, static Web site model. Plus, once you have been exposed to the Internet version of SharePoint, you begin to appreciate all the benefits the product offers for internal purposes as well. Creating intranet and extranet portals can be done with the same level of ease, but with significantly more horsepower, allowing employees, partners, and customers to contribute and have a much richer collaborative experience."

Now available, SharePoint360 Web packages range from basic to custom-designed sites that allow customers to manage and maintain content. Visit www.sharepoint360.com for a full menu of cost-effective Web site packages.

About SharePoint360 LLC

Founded in 2006, SharePoint360 LLC is a leading SharePoint information and solutions provider whose customers span the globe from San Diego to South Africa. SharePoint360 is a Microsoft Gold Certified Partner that provides comprehensive services in consulting, hosting and business intelligence. More information is available at www.sharepoint360.com

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BearingPoint wins $12.3 million recruiting contract

by Editor 6/23/2008 3:59:00 PM

Management and technology consulting firm BearingPoint has won a contract worth up to $12.3 million from the Navy, to support the Command's recruitment efforts.

The consultancy will create cost modelling and other management tools to help the Command, which is in charge of maintaining the Navy's reserve force, and provide them with operational support.

Defense clients constitute about 20 percent of BearingPoint's business in the public sector, in which the consultancy earned $1.4 billion in 2007.

Marc Murphy, managing director for the Navy segment at BearingPoint, said:

"With all our defense clients we are in a critical time and we are going to continue to play a key role to supporting their business."

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