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Middle Market
Movin' Up
Middle market corporate honchos are bullish
on business.
Nearly eight out of 10 (79%) expect their
company’s revenue to increase in 2003 while 67% anticipate
an increase in profitability, according to the biannual Grant
Thornton Survey of Middle Market Business Leaders, conducted
by... more
CFOs Are Upbeat
Middle market finance chiefs
are also thinking positive.
Nearly 70% of chief financial officers
are optimistic about the economy’s expansion in 2003,
according to Fleet Capital Corp.’s annual Middle Market
survey. This is the highest percentage of CFOs expecting
economic expansion...more
BearingPoint
Goes to Kabul
Talk about global expansion. BearingPoint, Inc. said it has
helped the Islamic Transitional State of Afghanistan to successfully
install and operate the Afghanistan Financial Management
Information System (AFMIS), as part of a $3.95 million contract
to help the government upgrade its accounting system.
The two-year old project, financed...more
Banking
On Outsourcing
Banks are increasingly willing to outsource their so-called
core functions.
In a recent survey, Accenture found that
nearly two-thirds of banks outsource some corporate functions,
usually credit card processing, human resources and IT operations.
Surprisingly though, half of banks interviewed...more
IT's Bright Spot
The IT outsourcing industry is looking to applications services
to drive growth in 2003, according to Dataquest Inc.
A November 2002 survey among 36 outsourcing
vendors showed that offshore application management was ranked
as the highest growth service...more
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