Press Release

Stradling Global Sourcing forms Strategic Partnership with USourceIT

Los Angeles - Stradling Global Sourcing, a leading global sourcing advisory firm headquartered in Newport Beach, California today announced a strategic multi-year partnership with USourceIT to launch a virtual Software-as-a-Service offering powered by the proprietary technology of USourceIT. The online service will assess commodity IT sourcing needs of clients, match specific needs with marketplace sourcing solutions, and facilitate the solicitation of services with best-of-breed providers. The Service will be provided at no-cost to clients and used to support and grow value added consulting services.  Ultimately, offering will become a complement to Stradling's strategy-led advisory services and help Stradling address the underserved needs of the small & medium sized business market. "It is a perfect marriage of USourceIT's technology platform and Stradling's subject matter expertise" said Kevin S. Parikh, CEO of Stradling. "The new service will enable Stradling to harness the experience of our top advisors around the world in a cost-effective way to deliver streamlined sourcing services to our middle market clients." "USourceIT is very pleased to provide our proprietary technology to Stradling and its clients," said Subbu Murthy, CEO of USourceIT. "Our tools and resources enable our network of service providers to develop new client opportunities by identifying the right IT solution for client needs while improving the quality and execution of these engagements." "Not every sourcing deal is complicated and worth millions of dollars," said Amit K. Singh, a Partner at Stradling, "The USourceIT service is perfect for us to meet the basic sourcing demands of some of our clients while reducing their sourcing costs significantly." About Stradling Global Sourcing Stradling Global Sourcing is recognised as one of the "Top-Ten" strategic sourcing advisory firms by the Black Book of Outsourcing.  Stradling helps clients navigate the complete lifecycle for sourcing IT, Business and Knowledge Process services. Stradling's experienced team of management consultants, advisors, and lawyers offer holistic advisory services for developing sourcing strategy, executing sourcing transactions and effectively managing sourcing relationships. Stradling's methods and practices have been refined over decades of experience spread across a talented team serving clients worldwide. The Stradling team has conducted over 1,000 sourcing engagements collectively since 2001 in over 40 countries. About USourceIT A software service provider incorporated in India, USourceIT has developed a robust suite of applications designed to assist small to medium companies gain business advantage through off-shoring their IT related projects. USourceIT founders have vast experience in managing the full transaction lifecycle of off-shore projects for several Fortune 1000 based companies. The company seeks to leverage these lessons learned into a comprehensive yet user-friendly format to extend the benefits of sourcing to the underserved middle market business community. For Further Information contact: Mr. Kevin S Parikh, Esq., e-mail : Notes for Editors:
  1. Kevin S Parikh is the CEO and Partner of Stradling Global Sourcing (SGS). Mr. Parikh specializes in IT and business process (BP) outsourcing contract and service-level negotiations, strategic management, business risk evaluation and software licensing. His practice engages in both nearshore and offshore sourcing solutions. Mr. Parikh is based in Los Angeles, California . Prior to joining SGS, Mr. Parikh led the Global Sourcing practice for Gartner Consulting.
  2. Amit K Singh is the partner of Stradling Global Source (SGS). Mr Singh has extensive experience in outsourcing strategy, financial modeling and leading strategic outsourcing initiatives for IT and business processes with a focus on enterprise applications
  3. Subbu Murthy is the CEO of USourceIT. He has over 25 years of diverse work experience. As a CIO, he was involved in general and technical management, marketing, strategic/tactical planning, business/product development, operations management and Fortune 500 contract/joint venture negotiations. Dr. Murthy has helped private equity firms acquire small to medium sized businesses by providing an in-depth assessment of business processes and technology.