Technology consulting and outsourcing firm Computer Sciences Corp. (CSC) has filed a lawsuit against retailer Saks, accusing its client of misappropriating trade secrets and violating the terms of an IT services contract signed by the two companies early last year.
The slowing economy has led to a glut of data center space, resulting in steadily plummeting prices in the Web hosting services sector.
The cooling economy may prompt firms to outsource more IT for cost-cutting reasons, according to analysts. But technology users said the economy hasn't had much impact on their outsourcing decisions yet.
Scaled-back IT plans in response to a slowing economy have led some firms to slash their IT consulting budgets in an effort to rein in spending.
Lucent Technologies' plans to enhance employee perks could help stem a brain drain at the cash-strapped company, although one analyst expects the moves to be effective only in the near term.
Los Angeles-based defense contractor Northrup Grumman announced today that it has agreed to purchase Computer Associates International's Sterling Software for US$150 million.
Canadian telecommunications equipment giant Nortel Networks announced last week it has signed a seven-year, $3 billion outsourcing agreement with Computer Sciences Corp (CSC) to manage the bulk of its internal IT operations.
Networking relegated to second place as developers take the lead in dot-com revolution employment race
Think your 18-year-old will have trouble competing in the e-commerce world because she's majoring in philosophy rather than computer science? Consider this: a 1999 survey conducted on behalf of Hewlett-Packard by Texas-based IntelliQuest Information Group revealed that 48 per cent of 291 information technology professionals at companies with 1000 or more employees and annual revenue of at least $US100 million had non-computer-related degrees.
Some four in 10 large companies outsource short-term projects, largely due to scarce IT labour, but also because of budget and management concerns, according to a survey released last week.
Oracle is forging ahead with its application outsourcing service, announcing 15 new customers as well as a host of partnerships with global telecommunications firms, Internet data centres, systems integrators and independent software vendors (ISVs).
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