Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Webcast: In the Google Apps Cloud: How to Achieve Your Business Objectives
Dec 3rd, '09, 1 - 2 pm US/Eastern (GMT-5)
Join Council member Brent Hoag, Director, Global IT, at JohnsonDiversey, as he discusses the adoption of Google Apps which has helped meet four corporate goals; sustainability, simplification, increased employee productivity and global collaboration.
Webcast: Collaboration Initiatives: Benchmarks & Best Practices
Dec 15th, '09, 4 - 5 pm US/Eastern (GMT-5)
Join Council members Ruth Thorpe, VP & CIO at the U.S. Pharmaceutical Operations of Sanofi-Aventis, and Gary Kuyper, CIO at Bethany Christian Services, as they speak about their collaboration initiatives and experiences in how and why they chose the social networking and collaboration tools they are using and their business goals for collaboration, and facing culture change challenges.
Data Overview: Collaboration Initiatives Field Guide: Benchmarks & Best Practices
This appendix to the Council Field Guide provides an analysis which discusses benchmarks for collaboration IT implementation costs, adoption rates and payoffs. The overview identifies top IT and business goals and satisfaction rates for collaboration initiatives as well as best practices and lessons learned for implementing collaboration IT.
Learn more about the CIO Executive Council »October 06, 2008 — IDG News Service —
Nomura Holdings, a Japanese financial services group, announced Monday that it has entered into an agreement with ailing Lehman Brothers Holdings to acquire Lehman's back office and IT operations in Mumbai, India for an undisclosed amount.
Lehman Brothers filed for bankruptcy protection last month.
Nomura will acquire three companies -- Lehman Brothers Services India Private Limited, Lehman Brothers Financial Services (India) Private Limited, and Lehman Brothers Structured Finance Services Private Limited -- which are all specialized service companies in Powai, Mumbai.
Nomura announced last month it would acquire Lehman Brothers' franchise in the Asia-Pacific region and its European and Middle Eastern equities and investment banking operations.
The crisis in the U.S. financial services sector may impact offshoring of back office operations and IT services to India in the short term, according to India's National Association of Software and Service Companies. Struggling financial services companies are expected to close down or sell their operations in India, and reduce outsourcing to Indian companies in the short and medium term, according to analysts.
Lehman's operations in Powai were set up in 2005 to provide operational support, particularly in the area of IT, across the Lehman network. The acquisition will add to Nomura's global network approximately 3,000 employees, including 1,200 IT professionals, Nomura said in a statement on Monday. It will significantly enhance Nomura's IT functions and other support operations including financial control, operations, risk management, as well as analytical support for various business verticals including investment banking, capital markets, research and prime services, Nomura added.