neoIT global service network touches 5000 vetted suppliers

BANGALORE: neoIT, global provider of Services Value Chain Automation (SVCA) technology and service solutions, has announced that their Global Services Network (GSN) of vetted providers has achieved a milestone of 5000 companies. Since 1999, the neoIT GSN has been a source for buyers to access global providers from countries across the globe with assurance that they are sourcing their offshore services projects to the best

and most qualified firms.

"By using neoIT's Global Services Network and expertise we were able to broaden our offshore reach from a few known suppliers to over eleven," said Steve Unterberger, executive vice president of business model architecture, Exult. "This increase in competition saved us on the total project cost and expanded our base of global qualified providers."

While the majority of the firms in the network are from standard offshore powerhouses like India, Ireland, Israel and the Philippines, other providers are from up and coming markets such as Vietnam, China, Poland, South Africa and Russia. With over 500,000 experts representing their respective firms, neoIT delivers unprecedented reach to buyers. "With companies looking to cut costs, more and more are deciding to outsource their needs offshore," said Avinash Vashistha, managing director and co-founder, neoIT.

"When they do, there are literally thousands of service providers in dozens of countries vying for their business. With our knowledge of markets, sourcing strengths and the vetted network, we are able to help buyers cut through the marketing and focus on core competencies and the supplier’s capabilities for the project."