Exigen Group, a global provider of business process software and services, has announced a strategic partnership with Latvian IT services provider, A/S DATI. The agreement will create the largest resource of IT software and services expertise in the Baltics.
Under the terms of the partnership, DATI will provide outsourcing services to the two companies' extensive client base, which includes European organizations such as Software AG and Latvia SRS, and North American firms such as AIG, IBM and Wachovia Securities. DATI will also boost R&D resources for Exigen's range of industry-specific business process software. Exigen will provide sales and marketing support from its 12 offices across Europe, the US and Australia in order to drive joint growth opportunities.
Combined, Exigen and DATI represent the largest IT resource in the Baltics, with more than 700 employees skilled in application development, maintenance and operations. "Providers must have access to a critical mass of resources with industry and technology experience if they are to attract the attention of Fortune 500 CIOs," said Ian Marriott, research vice president at Gartner. "Eastern European countries like the Baltics are increasingly an attractive outsourcing location for Europe as incumbents grow or establish presence there. With EU membership stability, language and culture compatibility, and favorable labor rates, it provides a competitive alternative or diversification for Asia."
Source: Exigen Group
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