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Akamai Selects Veritude as Managed Services Provider.


BOSTON -- Akamai, the leading global service provider for accelerating content and business processes online, has selected Veritude, a preeminent provider of staffing solutions, as its exclusive managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality  provider (MSP (1) (Management Service Provider or Managed Service Provider) An organization that manages a customer's computer systems and networks which are either located on the customer's premises or at a third-party datacenter. ) of temporary workers.

"Partnering with Veritude enables us to streamline our contingent staffing efforts and concentrate more fully on the growth and development of our full-time, direct-hire employees," says Cathy Welsh, chief human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  officer at Akamai. "By having one highly skilled company to rely on for temporary workers, our HR department is better positioned to focus on long-term workforce planning Strategic Workforce Planning involves analyzing and forecasting the talent that companies need to execute their business strategy, proactively rather than reactively, it is a critical strategic activity, enabling the organization to identify, develop and sustain the workforce  and talent management."

As part of the three-year agreement, Veritude will be on-site at Akamai's Cambridge, Massachusetts headquarters to administer the recruiting and hiring of IT and professional temporary workers for the technology company's offices throughout the United States.

"At Veritude, we have years of experience recruiting the kind of talent that a technology powerhouse like Akamai needs and appreciates, and we're delighted to help enhance its staffing efforts," says Bob Lopes, Veritude president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The combination of our managed services expertise and Akamai's industry-leading distributed computing services is a very good fit."

Other Veritude clients include Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross.  of Massachusetts, Inc., EMC Corporation, The Hanover Insurance Group, Inc. and Millipore Corporation.

About Akamai Technologies, Inc.

Akamai(R) is the leading global service provider for accelerating content and business processes online. More than 1,900 organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. For more information, visit www.akamai.com.

About Veritude

Based in Boston, Veritude is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Fidelity Investments that provides staffing services to clients across the United States and Canada. For more information, visit www.veritude.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 23, 2006
Words:290
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