Nearshore Americas

neoIT Adds New Services and Becomes Neo Advisory

neoIT Changes Its Name to Neo Advisory: Global Sourcing Advisory Leader Adds
New Services
PLEASANTON, Calif., Oct. 23 /PRNewswire/ — Neo Advisory today announced that
after 10 years, it is retiring the name neoIT and will now officially be known
as Neo Advisory.
“Our name is synonymous with a new approach to sourcing advisory. We have
helped over 250 companies globalize and outsource over the last decade. The
maturity of the industry and clients calls for a new kind of consulting firm,”
said Atul Vashistha, Chairman of Neo Advisory. “Our new corporate identity
better reflects our expanded mission – to serve clients based on their
strategic needs and maturity of global and sourcing operations. Our solutions
have been expanded to include globalization and sourcing advice, a global
services risk monitoring subscription service, self-diagnostic tools and
custom research.”
The ownership structure of Neo Advisory (formerly neoIT) has also changed to a
new corporation with new investors that also includes expanded employee
ownership. Neo Advisory has acquired the India operations of neoIT and also
the assets of its USA operations. The new leadership team is led by the neoIT
Founder, Atul Vashistha, who has been recognized by Consulting Magazine as one
of the “Top 25 Most Influential Consultants” in 2006 and over numerous years
as an HRO Superstar and FAO Superstar by HRO Today and FAO Today. Atul
Vashistha has also just released his second book, titled Globalization Wisdom:
The Seven Secrets of Great Globalizers.
“Sourcing advisory is fundamentally different today than when I launched it in
1999. Clients are more mature and the Internet has reduced information
asymmetry, so they are now looking for targeted expertise to outsource new
areas and an ongoing service to better manage what they have globalized and/or
outsourced. Neo Advisory addresses these varied needs,” said Atul Vashistha.
“Both buy and sell organizations have matured tremendously over the last
decade. Expectations from advisors are very different today and timelines to
deliver have significantly reduced. At Neo Advisory we believe this is the
right time to leverage data and experience gained from over a decade of being
in this business to deliver a fundamentally different set of services and meet
expectations in the new-normal,” says Sandeep Karoor, who is Managing Director
and focused on growth and leading the operations of the firm.
About Neo Advisory
Neo Advisory is a globally recognized management consulting firm that helps
leading corporations improve and better manage their business by capitalizing
on services globalization(SM) and outsourcing. Through a blend of strategic
advisory services, subscription-based global services monitoring and hands-on
execution support, neoIT provides advice and management services on the
globalization of Information Technology (IT) and Business Process Outsourcing
(BPO) services. For more information, visit http://www.neoadvisory.com.
Media Contacts:
Sandeep Karoor, 415.462.0569, sandeep@neoadvisory.com
Atul Vashistha, 415.462.0569, atul@neoadvisory.com
This release was issued through eReleases(TM).  For more information, visit
http://www.ereleases.com.

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Kirk Laughlin

Kirk Laughlin is an award-winning editor and subject expert in information technology and offshore BPO/ contact center strategies.

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