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i-Vantage Announces XiB--Joint Venture With Xcela to Provide Cost-Effective Offshore Services to Canadian Businesses; XiB is the Only Company in Canada to Offer Unique InServe Solution.


BOSTON -- i-Vantage, a leading business expansion enabler, today announced that the Company has formed a joint venture with Xcela, a leading provider of IT resource management and enterprise solutions, to provide cost-effective offshore services to businesses in Canada. XiB Inc, the newly formed company is the first and only company in Canada to offer the InServe solution that allows companies to easily open subsidiaries in India, without requiring a substantial initial capital commitment.

"In recent months, Canada has experienced tremendous demand for BPO BPO Business Process Outsourcing
BPO Benevolent & Protective Order (of Elks of the USA)
BPO Benzoyl Peroxide
BPO Business Process Optimization
BPO Broker Price Opinions
BPO Buffalo Philharmonic Orchestra
 and outsourcing services," said Sarosh Bharucha, 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.  of Xcela and president of XiB. "As companies of all sizes become more familiar with the benefits of offshoring
Offshore may refer to oil and natural gas production at sea; see oil platform.


Offshoring describes the relocation of business processes from one country to another.
, they are increasingly seeking out solutions that meet their particular demands and criteria. With the InServe solution, XiB is now the only company in Canada that can provide wholly owned captive site facilities in India to Canadian businesses Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933. , giving us a great advantage over our competition."

Global InServe enables companies to reduce operational costs while eliminating the traditional challenges associated with deploying and running an offshore operation. In addition, InServe accelerates speed to market and provides a competitive advantage in today's global marketplace. With the help of XiB, Canadian companies This is a list of companies from Canada.
  • See also .
  • To make this page easier to read and edit, Defunct Canadian Companies has been placed on a separate page.


Directory: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Current Companies
 create wholly-owned offshore subsidiaries that enable their customers to enjoy much greater access to the security of their intellectual property and proprietary information. XiB operates "plug-and-play" InServe facilities in Hyderabad and Kolkata.

"We continue to experience great demand for our unique offshore services, especially from small and mid-size businesses," said Amit Maheshwari, CEO of i-Vantage. "While companies of all sizes have successfully deployed InServe projects, we are finding that smaller companies looking to tap into the benefits of outsourcing are particularly eager to learn more about our services. There just aren't many providers who are offering cost effective offshore solutions to non-Fortune 1000 companies."

About Xcela

Xcela, Inc is an Ontario, Canada based consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 focused on end-to-end IT project services via Resource Management, Enterprise Solutions and Business Process Outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in . Xcela has experience providing services to the Banking, Insurance, Manufacturing, Retail and Telecommunications markets. For more information visit the company on the Web at www.xcela.ca.

About i-Vantage

i-Vantage, Inc. is a Cambridge, MA based consulting company focused on helping customers leverage the "global village" for 24*7 cross boundary innovation, enhanced scalability and attractive economics. i-Vantage differentiates itself by providing an alternative to traditional 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. . i-Vantage believes that U.S. and European companies It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome.

This is a list of companies from the countries in the European Union.
 can better leverage the offshore model by setting up their own shop there (known as the "do-it-yourself" model). Hence, it helps companies leverage offshore resources by helping them plan, create and manage their own offshore-based Global Delivery Centers (GDCs). i-Vantage's main customer segments are technology and software companies, business process outsourcers and IT consulting companies.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 28, 2004
Words:462
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