Posts Tagged ‘economic downturn’

Softheme Summarizes 2009 Results and Achievements

Tuesday, January 26th, 2010

2009 was a tough year for all businesses worldwide due to complex economic conditions. Software outsourcing has also experienced the influence of recession, being one of the most globally integrated business domains. It was the year of cutting costs and seeking new opportunities; and when it has passed, it’s a good time to summarize the outcomes.

“Today it’s evident that the past year not only slowed down some outsourcing trends but also streamlined the evolvement of others,” states Softheme Chief Executive Vadim Sharko.

Softheme Summarizes 2009 Results and Achievements

iPhone development was one of those new trends for us which gained in popularity during 2009. Development of small and single-purpose applications for mobile devices is financially beneficial – they require relatively modest investments and are sold well. Each day Apple’s AppStore is refilled with a variety of new hot applications and tools.”

(more…)

Outsourcing Will Continue to Grow in 2009

Wednesday, September 16th, 2009

According to the latest statement of Gartner, the world’s leading information technology market research and advisory company, outsourcing is expected to continue its growth in 2009 despite the global economic downturn.

“Although things look gloomy for the larger global economy, the outsourcing market represents a dichotomy: on the downside, organizations’ cost-cutting outsourcing strategies may negatively impact market growth, but at the same time, the upside is that outsourcing will be adopted by more organizations to help them work through financial and competitive challenges,” said Gartner representatives.

(more…)

SWIT Investor Day