October 25, 2001 — (WEB HOST INDUSTRY REVIEW) — Covansys Corporation (cbsinc.com), a global technologyservices company, will host a complimentary breakfast seminar on Wednesday,Nov. 7 to help information technology executives in the Los Angeles areaunderstand how enterprises can best tap the strategic value presented byoffshore outsourcing capabilities in today’s IT market.
The complimentary breakfast seminar, designed for a variety of corporateprofessionals including CEOs, CFOs and CIOs, will be held from 7:30 a.m. to9 a.m. at the Park Hyatt, 2151 Avenue of the Stars, Los Angeles. The event’skeynote speaker will be industry analyst Stephanie Moore, the offshoreoutsourcing expert for Giga Information Group.
In the current economic climate, more and more enterprises are consideringoutsourcing certain IT work as a way to stretch shrinking IT budgets andallow their internal staff to focus more energy on competitive technologyinitiatives.
The Covansys seminar, entitled “Strategic Global Outsourcing: How To LowerYour IT Costs Without Increasing Your Risks,” will provide a clear,comprehensive look into leveraging resources outside the United States toreduce cost, and improve quality and time to market for enterprise ITprojects. Ms. Moore’s keynote remarks will be followed by a briefintroduction to Covansys, a 16-year-old Michigan-based IT companyspecializing in strategic outsourcing, Web-to-Enterprise Integration andindustry-specific solutions. Covansys maintains California offices inGlendale, Milpitas and Sacramento.
Covansys has a decade-long track record of success in providing domesticallymanaged offshore outsourcing for more than four dozen top companies,including Ford Motor company and Henry Ford Health Systems.
“Offshore outsourcing receives a great deal of attention during tougheconomic times, but more and more enterprises are discovering that reducingtotal IT expense without compromising quality makes sense in any economy,”said Covansys CEO Michael Bealmear. “The technology economy is a globaleconomy. We’re finding that geographic boundaries and time zones are takinga backseat to the need to get the job done right, within budget and ondeadline.”
Last year, more than a third of all Fortune 500 companies outsourcedtechnology projects to India. On the whole, U.S. companies spent $5.5billion on offshore outsourcing in 2000 – and analysts expect that figure tomore than triple by 2005. Covansys began operations in India in 1991 througha wholly owned subsidiary. Today, it offers three offshore developmentcenters in India, with a staff of more than 1,500 providing expertise andcapabilities in application development, maintenance, migration andintegration. Its facilities are one of the few in the world to hold theSoftware Engineering Institute’s CMM Level 5 quality rating.
