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Early in 2006, Typical Motors announced a $15 billion, five-year outsourcing prepare and awarded lengthy-phrase contracts to a bunch of vendors, such as EDS, Hewlett Packard, Capgemini, IBM, Compuware, Covisint and Winpro.
Personal equity firms with money circulation are turning their notice to multiple smaller and midsize technologies outsourcing firms to fulfill their requires. In accordance with analysts, very similar extended-term contracts plus the resulting stable hard cash flows make the businesses beautiful takeover targets for equity firms.
Servicing customers like these will be the skills of Quintek Technologies, a quickly developing outsourcing agency based in Huntington Seashore, Calif. Considering the fact that 1991, the business has supplied outsourced back again-Office environment expert services to Fortune 500 providers and federal agencies alike. Very last year, Quintek posted a 418 percent rise in revenues.
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