Friends Provident has seen the benefits of a closer relationship with its offshore outsourcing partner.
Industry barometer of growth creeps back towards double digits.
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CEO Andy Green has restructured BT Global Services to focus on "networked IT". But does this really make it a "new breed of services organisation"?
| Company | Period | Revenue ($m) | Rev Change (%) |
|---|---|---|---|
| CACI International Inc | 2Q09 | $672.5 | 16% |
| Capgemini SA* | 2H08 | $4,306.0 | 1% |
| Capita Group Plc* | 2H08 | $2,341.6 | 16% |
| Ciber Inc | 4Q08 | $279.6 | -4% |
| Cognizant Tech Solutions Corp | 4Q08 | $753.0 | 26% |
| Computer Sciences Corp | 3Q09 | $3,952.4 | -5% |
* Figures converted to US dollars
More Financial Results in IT Services| Acquirer | Target | Price ($m) |
|---|---|---|
| Exigen | Taihoo Technologies | n/a |
| Kelway | Repton | n/a |
| Equiniti | ICS Computing | n/a |
| Advanced Business Systems | Business Systems Group | 15.5m |
| Tech Mahindra | Satyam | $314m |
| Atos Origin | Shanghai Covics | n/a |
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Trade union Unite fears up to 1,600 UK jobs on the line as Hewlett-Packard cuts 8% of its workforce
Outsourcer to provide IT services to private companies that manage UK's nuclear sites in five-year, £140 million deal
IT services provider to slash costs after write-down of NHS contract triggers "unacceptable" financial results
UK outsourcing giant says it won contracts worth a combined £4 billion so far this year, including roughly £300 million-worth of IT-related deals
As part of a procurement transparency project, the Cabinet Office has published a list of planned IT projects, worth £2.5 billion over five years