Accenture Selected as Preferred Vendor for Application Outsourcing Services.TORONTO -- Accenture (NYSE NYSE See: New York Stock Exchange : ACN ACN Accenture (stock symbol) ACN Accenture ACN Australian Company Number ACN Automatic Collision Notification (US DOT) ACN Acetonitrile ACN Anglican Communion Network ) has signed a master services agreement with Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies. This arrangement establishes Accenture as a preferred vendor for the provision of application development and maintenance services to Sun Life Financial. Outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. application development and maintenance projects is part of Sun Life Financial's program to consolidate its emerging markets presence and further integrate its business strategy and operations worldwide. By outsourcing some of these services, Sun Life Financial aims to decrease time to market and improve global efficiency and performance. "Accenture brings complementary skills to our in-house application development function, as well as extensive knowledge and experience in the Asian market," said Virginia Woodhouse, vice-president of Enterprise Application Services See ASP and Web services. at Sun Life Financial. "Through this agreement, Accenture will support Sun Life Financial in pursuing new levels of business efficiency, including reduced costs and access to a global workforce," said Sanjay Tugnait, executive director in Accenture's Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. operating group. "We can help Sun Life Financial maximize their return on IT investments through greater application standardization standardization In industry, the development and application of standards that make it possible to manufacture a large volume of interchangeable parts. Standardization may focus on engineering standards, such as properties of materials, fits and tolerances, and drafting ." Accenture delivers application outsourcing services through its Global Delivery Network, which comprises more than 53,000 professionals in 44 delivery centers across 29 cities on five continents, as well as numerous other Accenture client locations around the world. Sun Life Financial is an international financial services organization providing a diverse range of protection and wealth accumulation products to individuals and corporate customers. About Accenture Accenture is a global management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize mo·bi·lize v. 1. To make mobile or capable of movement. 2. To restore the power of motion to a joint. 3. To release into the body, as glycogen from the liver. the right people, skills and technologies to help clients improve their performance. With more than 152,000 people in 49 countries, the company generated net revenues of US$16.65 billion for the fiscal year ended Aug. 31, 2006. Its home page is www.accenture.com. |
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