Press Release

Avasant Honored by Chinese Business and Government Leaders

LOS ANGELES, Jun 1, 2009 Dr.Mukherji, Avasant's Asia President, was the key note speaker at the 3rd China Service Outsourcing Development & Cooperation (Wuhan) International Forum on 21st May 2009 in Wuhan. The event was sponsored by the People Government of Wuhan Municipality with the objective of upgrading the brand image and optimizing the business environment of the Wuhan business park. As key note speaker, he spoke about the growth of BPO industry in and how Wuhan can adopt some of the best practices. He stressed the need of collaboration between and instead of competition, to dominate the BPO industry. Dr.Mukherji also presented a paper on "F&A as an opportunity area for " at the 2nd International Outsourcing Business Development Summit in Hangzhou on 25th May 2009. There was consensus among participants at the conference that needs to work more aggressively to brand its services in the western markets to penetrate them more effectively. Provinces must seek advise from experts to achieve the goal. Also the domestic financial services sector needs a lot of attention from outsourcers, to optimize business efficiencies. With rapidly gaining prominence as a global outsourcing option to , the invited delegates were hosted by the provincial government and visited the business parks in Wuhan, Xiaoshian and Hangzhou. About Avasant Avasant is recognized as one of the "Top-Ten" strategic sourcing advisory and outsourcing consultant firms by the Black Book of Outsourcing. Avasant helps clients navigate the complete lifecycle for sourcing IT, Business and Knowledge Process services. Avasant's experienced team of management consultants, advisors, and lawyers offer holistic advisory services for developing sourcing strategy, executing sourcing transactions and managing sourcing relationships. Avasant's methods and practices have been refined over decades of experience spread across a talented team serving clients worldwide. The company's experts have collectively conducted more than 1000 sourcing and globalization engagements since 2001 in more than 40 countries. At Avasant, we use strategic sourcing tactics to lower organizational costs, improve Information Technology outsourcing and Business process outsourcing strategies; and improve relationships with service providers.