Press Release

Avasant’s CEO Addresses Global Business Leaders in China Outsourcing Summit

July 5, 2010, Shanghai, China. Kevin S. Parikh, the Global CEO of Avasant, presented to over 500 attendeesduring theChina-Europe CIO Summit & International IT Service Cooperation Forum. The Summit was held over the week of June 24th to June 30th in three of China's largest cities: Wuhan, Beijing and Shanghai. The week-long event was hosted by the Investment Promotion Agency of Commerce, P.R.C.   In all, 20 global companies were selected as "Delegates," including senior executives from Daimler, Air France/KLM, Lufthansa, and Avasant. The focus of the Summit was to discuss the current development of China's ITES/BPO industry and how China is rising to become a better destination for global outsourcing services.   Mr. Parikh's speech addressed the competition China is facing from other global outsourcing destinations and shared his vision for China to succeed in the long-term. In his speech, he commented. "Despite increasing global competition, China's has a strong internal demand for outsourcing services and specializes in the support of organizations requiring Asian language support." He added, "China's strong infrastructure and government support has already spawned dozens of new IT service providers offering global services from China."   His Speech received local and global coverage, as national and international decision makers, government officials, IT leaders, investment bankers, and other important delegates were in attendance. About Avasant Avasant is a next generation management consultancy firm with internationally recognized expertise in sourcing and globalization solutions.  Avasant has been ranked as the No. 1 BPO Advisor in the world and a top full services ITO advisory firm in the Black Book of Outsourcing (as published by the Wall Street Journal) and IAOP. Avasant's experts have extensive experience in helping both commercial and governmental organizations keep pace with rapidly changing requirements through the use of strategic sourcing and global market expansion services.  For more information about sourcing advisory services or globalization consulting services, visit: or write to:   Avasant LLC 3601 N. Aviation Boulevard Suite 3000 Manhattan Beach, California 90266 (310) 643-3030 Link: