Exigen Group and DATI Join Forces to Create Largest Baltic IT Resource; Strategic Partnership Forms Dominant IT Services Provider in Emerging Nearshore Region.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Exigen Group, a global provider of business process software and services, has announced a strategic partnership with Latvian IT services provider, A/S DATI. The agreement will create the largest resource of IT software and services expertise in the Baltics. Under the terms of the partnership, DATI will provide outsourcing services to the two companies' extensive client base, which includes European organizations such as Software AG and Latvia SRS SRS, SRS-A see slow-reacting substance. , and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. firms such as AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) and Wachovia Securities. DATI will also boost R&D resources for Exigen's range of industry-specific business process software. Exigen will provide sales and marketing support from its 12 offices across Europe, the US and Australia in order to drive joint growth opportunities. The combined strength of Exigen and DATI represents the largest IT resource in the Baltics, with over 700 employees skilled in application development, maintenance and operations. With its stable economic environment, advanced telecom infrastructure and state-supported focus on IT and innovation, the Baltic region is fast becoming a primary location for outsourced IT services. "Our clients have already benefited from the specialist skills and resources available in the Baltics, via our Latvian office and our relationships with universities in the region," said Alex Poberezhsky, general manager of outsourcing services at Exigen Group. "As members of the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community , Latvia provides an accessible, stable, nearshore near·shore n. The region of land extending from the backshore to the beginning of the offshore zone. near alternative to the Asian offshoring
Offshoring describes the relocation of business processes from one country to another. market. In partnership with DATI, we're now able to offer our clients in Western Europe and North America access to even greater resources." "This partnership underscores our commitment to providing the highest quality IT services to our public and private sector clients," said Valdis Lokenbahs, 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. at A/S DATI. "By joining forces with Exigen we can offer our clients more extensive technology and industry expertise, as well as global reach. We're excited about the opportunities this presents for our clients both today and in the future." "Providers must have access to a critical mass of resources with industry and technology experience if they are to attract the attention of Fortune 500 CIOs," said Ian Marriott, research vice president at Gartner. "Eastern European countries like the Baltics are increasingly an attractive outsourcing location for Europe as incumbents grow or establish presence there. With EU membership stability, language and culture compatibility, and favorable labor rates, it provides a competitive alternative or diversification for Asia." About Exigen Group Exigen Group is a global provider of business process software and services focused on lowering the total cost of operations for companies in services industries. The company applies industry-specific expertise to identify inefficiencies in core business processes and uncover likely cost savings or revenue growth opportunities. It implements its business process management software solutions to automate, transform and aggregate processes and delivers further efficiencies through onshore and offshore outsourcing services and Exigen Business Process Utilities(TM). Focused on the financial services, insurance, government and communications industries, Exigen solutions are used by industry leaders around the world including AIG, Bell Canada, ING Advisors Network and Prudential Securities. Exigen is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in San Francisco with offices throughout North America, Asia Pacific and Europe. Further information about Exigen Group can be found at www.exigengroup.com or www.exigengroup.lv. About A/S DATI DATI has grown to be one of the leading software developers in the Baltics, with more than 350 employees. Since its foundation in 1995 the company has been orientated o·ri·en·tate v. o·ri·en·tat·ed, o·ri·en·tat·ing, o·ri·en·tates v.tr. To orient: "He . . . also towards the international market, focusing on public sector, telecommunications, insurance and banking, as well as tourism and logistics. During the period of its existence the company has accumulated extensive experience in providing customized solutions for complex IT projects in Latvia, Western Europe and Scandinavia, and successfully accomplished more than 200 projects both in Latvia and Western Europe. |
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