TITLE

Foreign IT Firms Learn the Samba

PUB. DATE
June 2005
SOURCE
Bank Technology News;Jun2005, Vol. 18 Issue 6, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the prowess of leading financial institutions and the sheer size of Brazil are encouraging international technology vendors to vie for a piece of a market long dominated by local players. Foreign vendors are intrigued by Brazilian financial services firms for numerous reasons. For one, they are big IT spenders. In 2005, financial institutions in Latin America and the Caribbean will spend an estimated $10.4 billion on IT, with Brazil representing at least one-third of that to total $3.5 to $4 billion, says Guillermo Kopp, vice president of the cross-industry group at the research firm TowerGroup.
ACCESSION #
17399905

 

Related Articles

  • Rocky road - strategies for a downturn. Chia, Emily; Chee Sing Chan // Enterprise Innovation;Dec2008/Jan2009, Vol. 4 Issue 6, p14 

    The article offers insights provided by various technology executives in the U.S. including MH Ding, Gopal Varutharaju, and Sunny Lee in gearing their information technology (IT) organizations to help the business ride out. Ding cites on reassessing the company's priorities to cope with the...

  • Pitfalls to avoid. Karp, Mike // Network World;10/30/2006, Vol. 23 Issue 42, p38 

    The article presents suggestions on how IT managers can maintain their information life-cycle management (ILM) projects. IT managers should remember that not every data is valuable. They should also know that ILM is not just a single product but it is a combination of products. They should be...

  • Dissatisfaction with Vendors Is on the Rise.  // CIO Insight;2006 Research, p73 

    The article reports on the dissatisfaction of most vendors due to the lower satisfaction given by information technology executives in the U.S. This dissatisfaction was due to the ratio of companies whose scores decreased since 2005 compared to those which made an improvement. In addition, most...

  • The Unified Procurement Strategy for Enterprise Software: A Test of the "Move to the Middle" Hypothesis. Kauffman, Robert J.; Tsai, Juliana Y. // Journal of Management Information Systems;Fall2009, Vol. 26 Issue 2, p177 

    To increase their firms' competitiveness, information technology (IT) managers are adopting a strategy that many deemed risky in the past. Recent IT advances combined with certain firm and industry characteristics are prompting firms to move toward a unified procurement strategy for enterprise...

  • Around the State: South.  // njbiz;9/11/2006, Vol. 19 Issue 37, p31 

    The article offers business news briefs in southern New Jersey as of September 11, 2006. A proposed aviation research and technological park was announced by U.S. Representative Frank A. LoBiondo to be built in Egg Harbor Township which is expected to employ 400 people in high-technology...

  • A solid relationship. Andrews, John // McKnight's Long-Term Care News;Dec2009, Vol. 30 Issue 12, p32 

    The article discusses the relationship between the information technology (IT) vendor and their clients in the U.S. It is mentioned that it is incumbent of facility operators to conduct thorough diligence when selecting a vendor that will serve their IT system's need. Since IT is almost an...

  • THE IMPACT OF OFFSHORE OUTSOURCING SCALE, SCOPE, AND VENDOR RELATIONSHIPS ON FIRM MARKET VALUE CREATION. CHAUDHURI, SAIKAT; CHATTERJEE, JOYDEEP // Academy of Management Annual Meeting Proceedings;2013, Vol. 2013 Issue 1, p1422 

    The article discusses the impact of outsourcing scale and vendor relationships on firm market value creation. Topics discussed include the prior relationship between the vendor and client which is associated with greater market value creation as tasks grow in larger scale, negative impact of...

  • Does The Channel Need An Independent Advocacy Group? It's Your Decision. Faletra, Robert // CRN;6/20/2005, Issue 1152, p92 

    The article discusses qualities that an industrial association, which represents solution providers and their interests, should possess. It should be an association governed by and for solution providers. An association that does not populate its board of directors with vendors could be...

  • Selecting the right service vendor.  // Chain Store Age;Oct97, Vol. 73 Issue 10, p7C 

    Discusses the factors considered by different companies' maintenance managers in selecting a service vendors. Standards for choosing a prospective vendors according to Carolyn Zelesnick, manager of Liz Claiborne Inc.; Criteria for service vendor qualifications; Factor that encourages long-term...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics