The Brazilian IT Services Showdown: Who Will Prevail?
September 9th, 2010 Rio de Janeiro: Will domestic Brazilian IT firms, multinational giants or new entrants from India claim leadership in the fast growing IT services market? David Tapper, IDC’s top outsourcing analyst, tells who he’s betting on. (Filmed during Brasscom Global IT Forum 2011.)
Capgemini Takes a Big Bite of Brazil IT Services with CPM Braxis Deal
September 7th, 2010
Capgemini’s CEO Paul Hermelin (l) is joined by Mr. Rossi and Mr. Shpilberg from CPM Braxis to talk about last week’s deal.
In what is sure to be one of the biggest blockbuster deals of 2010 in Latin America IT services, worldwide sourcing superpower Capgemini revealed just how much Latin America means to its global vision by acquiring a controlling stake in Brazil’s CPM Braxis last week. (Astute readers may remember Capgemini’s own David Poole forecasting the company’s destiny in Brazil several months ago.) Capgemini is essentially jumping aboard a fast-moving locomotive – Brazil represents about half of all of LatAm’s IT services market, and it continues to clock double-digit annual growth rates.
Read on for an exclusive view into the origins of the deal, what’s in store for CPMBraxis and how Capgemini is ramping up to become one of the preeminent forces servicing both domestic Latin America customers and as a Nearshore partner for U.S. corporations.
CPM Braxis Co-Founder David Shpilberg identifies the drivers that led to the creation of CPM Braxis - and why Brazil is exceptionally well-positioned to provide high value IT services to U.S. customers.
Inside the ‘Career Company’ Mindset of CPM Braxis
July 29th, 2010
Does CPM Braxis really have the horsepower to jump into the ranks of TCS, Wipro, Genpact, Infosys, Accenture, HP and Dell and other world-beating heavyweights? Find out what the company’s co-founder, David Shpilberg has to say about it. ROLL THE VIDEO
By Kirk Laughlin
What really gets CIOs and sourcing decision makers excited about Brazil? The two issues that come up repeatedly among those doing business there or who are inclined to have services delivered from Brazil are – capacity and capability. Scale counts for a lot and Brazil is increasingly built to respond to the tall orders of CIOs whose India-based experiences will continue to be used as points of comparison when they go shopping in Brazil.
One of the many notable rising stars out of Brazil that is trying very hard to live up to this CIO-driven reality is CPM Braxis, formed in 2007 when separate operating companies CPM and Braxis merged.
The Nearshore Shift Picks Up Speed: Major Outsourcers Pursue Advantages
February 9th, 2010By Jacob Cherian
News reports say that Indian outsourcing giants, Infosys, TCS and Wipro are likely to fall prey to nearshore rivals, like Israel-based Ness Technologies, Softtek of Mexico, and CPM Braxis of Brazil.
Major outsourcers like Citibank and GEO are now leaning toward nearshore, specialized vendors instead of offshoring work to distant locations like India. These clients are now looking at emerging outsourcing centers like Latin America that is closer to home as favored destinations for outsourcing, reports the Times of India.
Jimit Arora, Research director at Everest Group was quoted as saying, “Some customers having 70-80 per cent of their offshore resources in India are realizing that they need to look at the third category of suppliers that are local and niche,” in an online report by SourcingFocus.com.
Softtek and CPM Braxis Take Market Share from Top Indian Firms
January 5th, 2010Leaving the Indian IT majors including TCS, Infosys and Wipro behind; companies like Ness Technologies of Israel, CPM Braxis of Brazil and Mexico-headquartered Softtek are becoming attractive for top outsourcing customers such as GE, Citibank and several others, reports Economic Times.
At a time when Indian firms are planning to redefine their position as global services providers by growing their presence in the emerging markets of Latin America, Eastern Europe and Asia, they face stiff competition from these newer rivals. “For many customers who already have significant presence in offshore locations like India, it’s a risk diversification. Some customers having 70-80 percent of their offshore resources in India are realising that they need to look at the third category of suppliers that are local and niche,” said Jimit Arora, Research Director of Everest Group.
Over the last two years, companies like CPM Braxis, EPAM Systems, Ness Technologies, Softtek, Merchants and …
