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IAOP Releases 2007 Global Outsourcing 100 Rankings; China's Neusoft Ranks Top 25 for the First Time

2007-05-17 16:01 1302


SHENYANG, China, May 17 /Xinhua-PRNewswire/ -- The International Association of Outsourcing Professionals (IAOP) released The Global Outsourcing 100 ranking at the end of last month. Neusoft, a leading software and service provider in China, was not only among the annual list, but also ranked in the top 25 for the first time and became the only company in China among the global outsourcing providers top 25. It is also the first time that a company in China was listed in the top global outsourcing 25.

(Logo: http://www.prnasia.com/sa/200612201134.jpg )

The Global Outsourcing 100, produced annually by the IAOP, is devoted to featuring the best of today's leading outsourcing service providers and tomorrow's rising stars with great potential in the industry. Companies must demonstrate excellence in categories such as size and growth, customer experiences, depth and breadth of competencies, and management capabilities. Because of the rigorous application and judging processes that are employed, The Global Outsourcing 100 defines the standard of excellence in outsourcing service delivery. With Neusoft's ranking among the top 25, it clearly indicates that software and service companies of China are gaining recognition throughout the world. China will definitely be making great contributions to worldwide outsourcing and service industries.

According to an annual report on China's market of outsourcing service in 2005-2006 by CCID Consulting, an authoritative market research and consulting institution in the IT industry of China, China's offshore outsourcing market totaled US$ 1.43 billion in 2006, an increase of 55.4% comparing with that of the previous year. Neusoft continues to rank first in China's offshore outsourcing industry and becomes the first whose offshore outsourcing revenue exceeds US$ 100 million.

It is reported that Neusoft provides outsourcing services to more than 30 multi-national companies worldwide. Neusoft is the first software company in China whose employees exceeds 10,000, and is also the first software company in China that was certified with ISO27001 in both software outsourcing and BPO service. To step up the development of software outsourcing services and create a better environment for expansion, Neusoft is accelerating its pace of construction of software and service outsourcing bases and has founded international outsourcing bases in Shenyang, Dalian, Beijing, Shanghai, Chengdu and Nanjing.

Dr. Liu Jiren, Chairman and CEO of Neusoft, said that Neusoft's persistent pursuit of professionalism in the outsourcing industry helped to win the Company the trust of more and more global customers. International influence and market share of Chinese software enterprises is steadily growing and China will become an important power in global outsourcing and service industries.

About Neusoft

Neusoft is a leading software and solution provider in China. Founded in 1991, Neusoft has three inter-promoting business units that are engaged respectively in software & services, medical systems and IT education & training, supported by a total staff of over 10,000. After successfully constructing a complete sales & service network covering over forty cities around China, it has further extended its branches to the US and Japan. At present, Neusoft offers products and services to over 8,000 large customers, maintaining leading market shares in telecommunications, electric power, social insurance, medical, enterprises, e-government and other sectors. It is also China's largest offshore outsourcing service provider. For more information, please visit http://www.neusoft.com .

For more information about The 2007 Global Outsourcing 100, please visit http://www.outsourcingprofessional.org/content/23/152/1197 .

For more information, please contact:

Evelyn Tang,

PR Dept., BCC, Neusoft Group Ltd.

Tel: +86-24-8366-5663

Fax: +86-24-8366-3451

Email: tangyi@neusoft.com

Source: Neusoft Group Ltd.
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