Ness Technologies will provide Reuters Israel with ongoing support and maintenance services of Reuters' IT and communications infrastructure, as well as on-site support of the dealing rooms of banks and financial customers to whom Reuters provides information services and technological products. As part of the tender process, representatives from abroad arrived in Israel to get a first-hand look at Ness Technologies' capabilities, due to the critical service demanded from the outsourcing vendor. The financial service is critical because it is a core business of Reuters' banking and financial customers, and the systems must be fail-safe.
This year Ness Technologies has established its position as the leading company in the Israeli outsourcing industry and has won most of the outsourcing projects in Israel. This was confirmed by a recent published study by IDC Israel. Major outsourcing projects won by Ness include YES - Israel's satellite television broadcaster; the Industrial Development Bank of Israel; Migdal Insurance Company; ISTA travel and tourism company; Hagichon - the Jerusalem Municipality's water and wastewater corporation; Tadiran Systems; Sano;
Rav-Bariach; the Academic College of Tel Aviv-Jaffa; Sheba Hospital, Mul-T-Lock; ORT; Partner Communications; Applied Materials; insurance agencies; pension funds; government ministries and others.
Ness provides services to more than 500 clients in commercial, industrial, and government sectors worldwide, including Fortune 1000 and global 2000 companies. Ness' proven record of success extends to more than a dozen key vertical markets, notably government, defense, financial services, life sciences, healthcare, telecommunications, utilities, and the independent software vendor (ISV) marketplace.
Ness Technologies employs 4,900 people. The company has operations in 14 countries including: the US, the UK, Switzerland, the Netherlands, Germany, Canada, Israel, India, the Czech Republic, the Slovak Republic, Singapore, Malaysia, Japan and Thailand.
Ness Technologies, Inc. (NASDAQ: NSTC), a provider of IT solutions and services, announced that it has been awarded a 5-year outsourcing contract from Reuters Israel valued at more than $1 million. Ness Technologies was chosen over HP, IBM and MALAM in competitive bidding.