Covansys Corporation & Leading IT Industry Analyst To Host Strategic Global Outsourcing Seminar in Ohio.Business/Technology Editors COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 13, 2002 Giga Analyst Stephanie Moore To Discuss Using Offshore Outsourcing Offshore outsourcing is the practice of hiring an external organization to perform some business functions in a country other than the one where the product or service will be sold or consumed. Resources To Capture Better, Faster and More Cost-Effective IT Solutions Covansys Corporation This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. (Nasdaq: CVNS CVNS Concert Virtual Network Service CVNS Aircraft Carrier Navigation System CVNS Cardiovascular Neurological Services CVNS Continuous-Valued Number System ), a global consulting and technology services company, will host a seminar next week to help information technology executives in Ohio understand how their enterprises can tap the strategic value presented by offshore outsourcing capabilities in today's IT market. The complimentary breakfast seminar, designed for a variety of corporate professionals including CEOs, CFOs and CIOs, will be held Wednesday, February 20, from 7:30 a.m. to 9 a.m. at the Columbus Marriott North, 6500 Doubletree Avenue, Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. . Technology industry analyst Stephanie Moore, offshore outsourcing expert for Giga Information Group, will be the keynoter key·not·er n. One who gives a keynote address. speaker. More and more enterprises are considering outsourcing certain IT work as a way to stretch shrinking IT budgets and allow their internal staff to focus more energy on competitive technology initiatives. The Covansys seminar, entitled "Strategic Global Outsourcing: How To Lower Your IT Costs Without Increasing Your Risks," will provide a clear, comprehensive look into leveraging resources outside 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. to reduce cost, and improve quality and time to market for enterprise IT projects. Based in Michigan, Covansys specializes in integration services, industry-specific solutions and strategic outsourcing. Covansys has a decade-long track record of success in providing domestically managed offshore outsourcing for more than four-dozen top companies. "Our clients gain competitive advantage by leveraging our unique on-site, off-site, offshore delivery capability to achieve rapid deployment, world-class quality and reduced costs," said Martin C. Clague, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Covansys. "Enterprises that hope to do more within a relatively flat budget this year are increasingly interested in outsourcing and offshore delivery opportunities. Reducing total IT expense without compromising quality makes sense in any economy." Giga Information Group predicts that offshore outsourcing will grow by at least 23 percent in 2002. By 2005, nearly one third of Global 2000 enterprises will have a sourcing strategy utilizing near-shore or offshore providers, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gartner Group (company) Gartner Group - One of the biggest IT industry research firms. Address: Connecticut, USA. . Covansys began operations in India in 1991 through 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. . Today, it offers three development centers in India with a staff of more than 1,400 with expertise and capabilities in the full spectrum of services - from application maintenance and development outsourcing to full IT outsourcing. In 1999, Covansys India facilities achieved SEI CMM SEI CMM Software Engineering Institute Capability Maturity Model Level 5 certification on the first audit. Those interested in attending the Feb. 20 seminar may register at: http://events.covansys.com/columbus.asp or call 1-888-661-4843. About Covansys Corporation Headquartered in Michigan, Covansys Corporation (Nasdaq: CVNS) is a global consulting and technology services company specializing in integration services, industry-specific solutions and strategic outsourcing. Our clients gain competitive advantage by leveraging our unique on-site, offsite, offshore delivery capability to achieve rapid deployment, world-class quality and reduced costs. Since its founding in 1985, Covansys has successfully delivered an array of innovative and cost-effective business and technical solutions to leaders in the private and public sector. Our more than 4,000 employees offer a professional heritage spanning Old World legacy systems and the New Economy's leading-edge technologies. Covansys has 30 locations worldwide, including six development centers. Covansys offers one of the largest offshore capabilities among U.S.-based technology services providers, and two of the company's three wholly owned development centers in India are SEI CMM(R) Level 5 certified. Covansys was named one of the top 500 solution providers in North America in 2001 by VARBusiness magazine. Visit our web site: www.covansys.com. |
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