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/24-7PressRelease/ - July 09, 2006 - With the industry analysts such as IDC predicting that business process outsourcing (BPO) market will grow at a 5 year compound annual growth rate of 23% to reach $1.7 billion by 2010, the ability to provide an offshore or nearshore development capability is essential for IT Solutions providers to take advantage of this area.
Following on from several high value contract wins worth over 11 million in total for applications development and applications management projects, Parity highlighted the importance of having a flexible nearshore software development and support capability to win and service clients.
Alwyn Welch, Chief Executive of the Parity Group acknowledged the key role that Parity's Northern Ireland team played in securing the business:
"Our Antrim operation's contribution to these wins was very important and will be matched by our continued investment in the area. Many firms are choosing to 'offshore' IT services to countries in South Asia and Eastern Europe. However I'm delighted to say that we are able to use our strong and well established operation in Ireland as a competitive and credible alternative. We intend to deliver more work, and thereby create and sustain more jobs in Northern Ireland in the next year from clients on the mainland and locally."
Parity Ireland's core software development and applications management expertise is centred in Antrim where the majority of the 55 local staff are based, although there is also a Belfast office which provides training consultancy as well as managing Parity's highly successful Première Graduate development programme.
The clients benefiting from the technological expertise and high quality service from the Parity's Northern Ireland operations range from blue chip companies such as British American Tobacco (BAT), to large public sector organisations including The Department for Communities and Local Government (DCLG) and The Cabinet Office.
About Parity Group Plc:
Parity, uniquely for its size, offers a full range of IT Services to major companies including:
Business process consultancy
Change Management Training
Development and management of complex IT systems
Oracle and Microsoft technology and application skills
Permanent and temporary IT staff
Customers across the group include Alcatel, Allianz, AT&T, British American Tobacco, CISCO, Department for Education & Skills, Department for Work & Pensions, Glaxo Smith Kline, HBOS, Hewlett Packard, HM Revenue & Customs, HSBC, IBM, ICI, Ministry of Defence, NASA, Connecting for Health at the NHS, O2, Perot Systems, Royal Bank of Scotland, Royal Mail, Siemens, Sony Ericsson, The Cabinet Office, The Meteorological Office and T-Systems.
More information on Parity
or contact Gina Cannon or Warren Tsoi at Parity.
Tel: +44 (0) 20 8543 5353
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