A New Global IT Player to Reckon With
Posted by: Steve Hamm on August 22
Softtek, a Mexico-based IT service provider, flies pretty much under the radar in spite of the fact that it has 5,000 employees in 10 countries. But the company’s Aug. 20 acquisition of I.T. United, a leading China-based outsourcer, signals its global ambitions. Up until now, Softtek had concentrated on near-shore outsourcing and Spanish-speaking markets. The I.T. United purchase shows the ambitions of founder and CEO Blanca Treviño. She’ll be someone to watch in the next phase of the outsourcing drama.
Tangentially, Infosys just established its first service delivery center in Latin America. It’s in Monterrey, Mexico. The company’s new CEO, Kris Gopalakrishnan, said the center could expand to employ 1000 people within five years.
Reader Comments
Vikram
August 23, 2007 05:04 AM
Indian companies need to get more non US based clients these days by looking at the swings in capital markets, so it is important for them to get some foothold in Latin America, Eastern Europe and Asia. Infosys is going in the right direction, probably need to do some aggresise M&A in these markets.
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Innovation is happening everywhere these days. Companies operate without borders to find the best talent and the best ideas wherever they may be. Meanwhile, new business models are arising that just might make it possible to turn large swaths of this contentious world into something approximating a true global village. Tune in for Senior Writer Steve Hamm's dispatches from the intersection of globalization, innovation, and leadership.
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