Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally, and sometimes involves transferring employees and assets from one firm to another.
Cognizant is an American multinational technology company that provides business consulting, information technology and outsourcing services. It is headquartered in Teaneck, New Jersey, United States. Cognizant is part of the NASDAQ-100 and trades under CTSH. It was founded as an in-house technology unit of Dun & Bradstreet in 1994, and started serving external clients in 1996. All employees of Cognizant work from their own home and are not allowed to enter Cognizant office premises. Cognizant has shifted to Work from Anywhere model since March 2020.
Oracle Financial Services Software Limited (OFSS) is a subsidiary of Oracle Corporation. It is a retail banking, corporate banking, and insurance technology solutions provider for the banking industry. It also provides risk and compliance management, and performance measurement applications, as well as accounting, business process management, human resources and procurement tools.
Knowledge process outsourcing (KPO) describes the outsourcing of core information-related business activities which are competitively important or form an integral part of a company's value chain. KPO requires advanced analytical and technical skills as well as a high degree of specialist expertise.
UST is a global provider of digital technology and transformation, IT services and solutions, headquartered in Aliso Viejo, California, United States. Stephen Ross founded UST in 1998 in Laguna Hills. The company has offices in the Americas, EMEA, APAC, and India.
Parexel International is an American provider of biopharmaceutical services. It conducts clinical trials on behalf of its pharmaceutical clients to expedite the drug approval process. It is the second largest clinical research organization in the world and has helped develop approximately 95% of the 200 top-selling biopharmaceuticals on the market today. The company publishes the annual Parexel R&D Statistical Sourcebook, operates the Parexel-Academy, and councils all of the top 50 biopharmaceutical and top 30 biotechnology companies.
Xchanging is a business process and technology services provider and integrator, owned by DXC Technology. It provides technology-enabled business services to the commercial insurance industry. In outsourcing, Xchanging will typically take over a customer's business process, or back office function, and incorporate them into an existing platform which they claim provides improved and cheaper handling of administrative tasks.
Heartland Payment Systems, Inc. is a U.S.-based payment processing and technology provider. Founded in 1997, Heartland Payment Systems' last headquarters were in Princeton, New Jersey. An acquisition by Global Payments, expected to be worth $3.8 billion or $4.3 billion. was finalized on April 25, 2016.
Euronet Worldwide is an American-headquartered worldwide provider of electronic payment services with headquarters in Leawood, Kansas. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, currency exchange and other electronic financial services and payments software. Among others, it provides the prepaid subsidiaries Transact, PaySpot, e-pay, Movilcarga, TeleRecarga and ATX.
Mphasis Limited is an IT services company based in Bangalore, India. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services. It serves financial services, telecom, logistics, and technology industries. Mphasis was ranked #7 in India IT companies and overall #189 by Fortune India 500 in 2019. In April 2016, Hewlett Packard Enterprise sold the majority of its stake in Mphasis to Blackstone Group LP for around US$1 billion.
WNS (Holdings) Limited is a global business process management company serving the travel, banking, financial services, insurance, healthcare, utilities, retail and consumer product industries. The company operates in two segments, WNS Global services BPM and WNS Auto Claims BPM. It is headquartered in Mumbai, India.
NTT DATA Corporation is a Japanese multinational system integration company and a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT).
Exigen Services recently merged and renamed to Emergn. Insurance Software production under Exigen Insurance Solutions has separated and was renamed to EIS
Electronic Data Systems (EDS) was an American multinational information technology equipment and services company headquartered in Plano, Texas.
Reksoft is an offshore software engineering company specialising in software development and system integration services, specifically software product engineering, enterprise application services and dedicated centres. Reksoft has passed certification audit ISO 9001:2008, and is assessed to comply with CMMi Level 5. The company is based in St. Petersburg, Russia, and has regional offices in Munich, Germany, and Stockholm, Sweden, and development centres in Moscow and Voronezh, Russia.
A. Lakshman Rao is the former Chief Operating Officer of Wipro Technologies. Rao joined Wipro's Information Technology business as a founder member in 1980 and contributed significantly towards building a R&D team. From 1993 to 1996, he worked as Vice President (Technical) at Wipro Systems and played an important role in building competence in Client/Server and Object technologies. During this period, he was instrumental in building a number of business practices from scratch. Testing services, business intelligence, data warehousing and e-Enabling are some of them. As group Vice President and Chief Technology Officer of Wipro from 1996–1999, he implemented ISO 9000 compliant quality processes across the Software Divisions of Infotech Group. He has also driven the SEI CMM initiative enabling Wipro to become the first SEI CMM Level 5 Software Services Company in the world. In Oct 2000, Rao took over the leadership of Telecom and Internetworking Solutions Division and steered the business through multifold growth to its present prominent position.
Founded in 2012, Expert Global Solutions, Inc.,, based in Plano, Texas, was the world's largest privately owned Business Process Outsourcing company with more than 100 locations globally and more than 40,000 associates. It is a holding company for NCO and APAC Customer Services, Inc. (APAC), providers of global business process outsourcing services. NCO provides accounts receivable management (ARM) services, and APAC provides customer relationship management (CRM) services. EGS has over 100 locations, with more than 42,000 employees. EGS is owned by One Equity Partners (OEP), the private investment arm of JP Morgan Chase & Co.
Ashok Vemuri is an Indian-American business executive, and Board of Director for Financial Policy and Public Responsibilities at Kroger. Vemuri was the former Chief Executive Officer of IGATE and Conduent.
Acquire Business Process Outsourcing is a global business process outsourcing firm that specializes in back office support, customer acquisition, customer service, technical support, lead generation and software development. They offer flexible engagement models offshore, onshore and Work from Home (WFH).
