Stan Gibson

Its commencement time across U.S. college campuses, following which, many graduates will be packing up and heading off to their first jobs. One hundred grads will be heading off to Mysore, India, in August to begin four to six months of training at Infosys education center. When their training is done, theyll head back to […]

Brian Keane, president and CEO of IT services firm Keane Inc., resigned May 10 amid unspecified employee allegations relating to his personal conduct. The Boston-based outsourcing provider announced that the companys board of directors and Keane, whose father, John Keane, founded the company in 1965 and is chairman of the board, agreed on the decision. […]

Kraft Foods will hand over its worldwide IT infrastructure to Electronic Data Systems in a seven-year, $1.7 billion outsourcing deal. Covered under the contract are data centers, hosting, telecommunications and workplace support. EDS will take over approximately 670 Kraft workers. “World-class information technology is critical to Krafts long-term business success. Our strategy is to have […]

During the California gold rush, it was said that the only people who made fortunes were those who sold picks and shovels to the prospectors. During the current globe rush, vendors and consultants are similarly aiming to cash in, either by assisting companies in the globalization process as consultants and aggregators or by selling software […]

Reflecting a quarter of strong profits, IBMs board of directors boosted the companys quarterly dividend by 50 percent, to 30 cents per common share, up from 20 cents per share in the previous quarter. The jump was the largest per-share quarterly dividend increase in the companys history, according to IBM. The announcement came April 25 […]

Deep inside, we all realize that the battle for secure computing will never be over. Still, the price that must be paid to keep our data safe and our e-businesses operating can seem daunting. Once weve succeeded in protecting ourselves from one threat, another emerges, requiring diligence, creativity and expense to combat. In the latest […]

Satyam Computer Systems joined the club of billion-dollar companies, as the Indian outsourcing firm posted strong results for its fourth quarter and its fiscal year, which ended March 31. Satyam, headquartered in Hyderabad, India, recorded $1.1 billion for the year and earned profit of $249 million, a growth rate of 37 percent over the previous […]

Theres no doubt about it. Were in the midst of a globe rush. No company wants to describe itself as anything other than “global,” and with good reason. Theres plenty of evidence that agile sourcing from many worldwide locations can give any business an edge. From the auto industry to Wal-Mart to Dell, companies that […]

Indian outsourcing powerhouses Wipro and Tata Consultancy Services have both reported strong fourth quarters and stellar yearly results. The announcements came on the heels of a strong quarter reported by Infosys Technologies the week of April 10. Satyam will report its results later this week. Wipro earned net income of $134 million in its fourth […]

Despite continued doldrums in its key services business, IBM posted a solid first quarter, thanks mainly to steady performance in software and hardware. The worlds largest integrated vendor of information technology hardware, software and services reported $20.7 billion in revenue and profit of $1.7 billion, which was up 21 percent from the first quarter of […]