Press Release

Avasant CEO Speaks at SoTeC2012 Conference

Los Angeles, USA- Oct. 31, 2012: SoTec2012 hosted over 400 attendees, from Oct. 26-27, 2012 at the Long Beach Hilton. Avasant Global CEO, Kevin S. Parikh delivered a speech entitled, "Moving from IT Management to Business Empowerment." [ ] In his presentation, Mr. Parikh challenged IT decision makers to increase alignment with the business strategies of their organizations. "IT Organizations of the Future will help ‘the business' globalize, reduce cost, and expand market share," said Mr. Parikh. He added, "Information Technology has moved beyond just cost reduction and labor arbitrage; the future of IT must lead organizations towards globalizing market share." Mr. Parikh provided insightful analysis on the cloud opportunity and the importance of reducing operational costs and risks. He further emphasized the need for supporting Corporate Social Responsibility value chain which has evolved as an innovative and sustainable business model thereby creating organizational value. CIOs in the coming years would play a transformation role by being centralized knowledge guardian and embracing change in the organizations technological environment noted Mr. Parikh. Continuing a tradition of excellence, the SoTec conference positions attendees to develop ways of "Innovating Through Technology" (this year's conference theme). The event is attended by strategic thought leaders, keynote speakers, and practitioners in panel discussions who provided conference attendees with dynamic, cutting edge, informative, and entertaining presentations. SoTeC is the premiere information technology event organized by information technology professionals for information technology professionals from local chapters of these non-profit professional associations: • Southern California Quality Assurance Association (SCQAA) • Quality Assurance International Global Institute (QAI) • International Institute of Business Analysis (IIBA) • Project Management International (PMI) • Association of Information Technology Professionals (AITP) About Avasant Avasant is recognized as a next-generation management consulting, research and event management firm, servicing global clients worldwide. Avasant's clients include public, private, and non-profit organizations. Avasant's expert and experienced team of management consultants, lawyers and technology consultants, average over 20 years of deep industry experience and have collectively conducted over 1,000+ engagements in over 40 countries. As a Consulting firm, Avasant's focus and proven leadership has been acknowledged in areas covering Strategic Sourcing, Technology Optimization and Services Globalization Consulting. According to the International Association of Outsourcers (IAOP), Avasant is ranked among the "World Best Outsourcing Advisors". The Black Book of Outsourcing's has ranked Avasant as the ‘Number 1 BPO Advisor' and ‘Top 10 Full Service Advisor'. For more information about Avasant, please visit For more information, Contact: Avasant LLC Voice: +1.310.643.3030 Fax: +1.310.643.3033