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Thursday, February 09, 2006

Outsourcing Talks Between ING and Accenture

If you want proof that companies all over the world are cutting IT departments and outsourcing all their work, ING is just another example. ING, a Dutch bank, announced recently that they would be cutting 500 jobs from their IT departments.

ING is now planning to outsource 2,200 jobs to save billions of dollars each year. After receiving bids from companies such as IBM Global Services, Unisys Corp, Centric, and KPN, ING is now in talks with Accenture.

Although no details are available at this time, the company has confirmed that talks are going on. One of ING’s largest competitors set the stage for ING’s move when they cut their costs dramatically by transferring all their IT needs from in-house to outsourcing.

The repercussions from these moves could be huge. Many banking companies and other industries will likely be following in the footsteps of these companies. The situation keeps looking better and better for IT consulting firms as more companies choose IT outsourcing companies over in-house departments. Learn more about the talks between ING and Accenture in the full article (link above).

Submitted by Computer Consulting 101