Convergys Experiencing Increased Interest in Outsourced Learning Services.Business Editors CINCINNATI--(BUSINESS WIRE)--May 3, 2004 As more companies are discovering, applying the business principles of outsourced service delivery to their learning function reduces costs and improves performance. Convergys Corporation (NYSE NYSE See: New York Stock Exchange :CVG CVG Convergys Corp CVG Corporación Venezolana de Guayana CVG Clear Vertical Grain (woodworking) CVG Carrier Group CVG Corporacion Venezolana de Guyana CVG Comprehensive Video Group (South Hackensack, NJ, USA) ), the global leader in integrated billing, employee care, and customer care services, has identified significant increased interest from organizations in 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. more learning, content development and delivery, learner support, and training administration. Following Convergys' acquisition of DigitalThink, which closed on today, May 3, 2004, Convergys is experiencing increased interest from existing and prospective clients for its recently acquired e-learning capabilities. Convergys' outsourced learning solutions enable global organizations to improve skills and productivity for their workforce and their clients through web-based courses and simulation training. Michael Brennan Michael Brennan may refer to:
"The DigitalThink acquisition extended Convergys' services in a large and growing market segment, creating increased opportunities both in the number and size of contracts," said Steve Rolls, Convergys Executive Vice President, Global Customer Management and Employee Care. "It also brings a new client base that will benefit from our broad suite of human resource service solutions." For 20 years, Convergys' Employee Care business has provided HR outsourcing solutions to the world's leading organizations. Institutions such as Fifth Third Bank, Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, , and RR Donnelley
The March 24 news release announcing the purchase agreement with DigitalThink is available at http://www.convergys.com/news_release.php?y=&q=&newsid=1928. About Convergys Convergys Corporation (NYSE:CVG), a member of the S&P 500 and a Fortune Most Admired Company, is the global leader in integrated billing, employee care, and customer care services provided through outsourcing or licensing. We serve top companies in telecommunications, Internet, cable and broadband services See broadband and broadband service provider. , technology, 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. , and other industries in nearly 60 countries. We also provide integrated, outsourced, human resource services to leading companies across a broad range of industries. We bring together world-class resources, software, and expertise to help create valuable relationships between our clients and their customers and their employees. This commitment is validated by the more than 1.5 million individual bills our software produces each day to support more than 100 million subscribers, and by the more than 1.7 million separate customer and employee contacts we manage each day, both live and via electronic interaction. Convergys(R) employs more than 55,000 people in 51 customer contact centers and in our data centers and other offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Europe, the Middle East, and Asia. Convergys is on the net at www.convergys.com, and has world headquarters in Cincinnati. (Convergys and the Convergys logo are registered trademarks of Convergys Corporation.) |
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