FOR IMMEDIATE RELEASE:
December 7, 2004
Entrepreneurs Discuss Offshore Outsourcing Challenges and Opportunities
CED Hosts Dec. 15 Program at Duke University's Newly Opened
Fitzpatrick Center for Interdisciplinary Engineering, Medicine and Applied Science
Research Triangle Park, NC - The Council for Entrepreneurial Development (CED) is presenting its December Technology Forum on a topic affecting more and more technology-based entrepreneurial companies - offshore outsourcing. CED's December Technology Forum, "Best Practices in Offshore Outsourcing," will be held Dec. 15 from 5 p.m. to 8 p.m. at Duke University's new Fitzpatrick Center for Interdisciplinary Engineering, Medicine and Applied Sciences - a $97 million complex that is part of the Pratt School of Engineering.
Recent studies show that offshore outsourcing will have a significant impact on technology companies in the future. Approximately 25 percent of U.S. spending on application development, integration and management services could go to offshore providers by 2008, up from 11 percent in 2003, predicts research firm IDC. In addition, researchers at Garners expect offshore IT services spending to reach $50 billion by 2007.
CED President Monica Doss said the December Tech Forum will address these national and global trends with a balanced discussion of best practices, opportunities and threats with offshore outsourcing.
"Whether you're for or against it, most would agree that offshore outsourcing is clearly affecting the way many technology-based entrepreneurial companies do business," said Doss. "CED's December Technology Forum will arm entrepreneurs with the tools to face these global trends of today and tomorrow. My hope is that there will be lively and open audience participation at the Tech Forum, and that we will gain new insights on this challenging topic."
Panelists at CED's December Tech Forum include the following:
- Michael A. Eason, VP of Development, Peopleclick
- Rich Cronheim, Co-founder, Relativity Technologies
- Renat Khasanshyn, Chief Executive Officer, ALTOROS Systems
- Tim Reger, IBM
- Peter Dolina, Vice President, International IT Services
- Bud Whitmeyer (moderator), Research Triangle Ventures
Pre-registration for the December Tech Forum closes on Thursday, Dec. 9. On-site registration will be available at Duke's Fitzpatrick Center for Interdisciplinary Engineering, Medicine and Applied Sciences. For general registration details, visit CED's calendar (www.cednc.org/cal) or contact Zack Mansfield (zmansfield@cednc.org, 919.549.7500 x119).
About CED: The Council for Entrepreneurial Development, located in Research Triangle Park, NC, is a private, non-profit organization formed in 1984 to identify, enable and promote high-growth, high-impact companies and accelerate the entrepreneurial culture of the greater Research Triangle region. CED, which celebrates its 20th anniversary in 2004, provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops and monthly programs on entrepreneurial management and finance. CED is the largest entrepreneurial support organization in the nation with more than 3,500 members representing 1,000 entrepreneurial companies, financiers and professional firms. www.cednc.org
About Duke's Pratt School of Engineering: Duke's Pratt School of Engineering encompasses more than 200 research and teaching faculty developing new technology in the areas of biomedical engineering, civil and environmental engineering, electrical and computer engineering, mechanical engineering and materials science, and engineering management. www.pratt.duke.edu
Contact: Robert Albright | CED Public Relations Manager | ralbright@cednc.org | 919-549-7500 ext. 123
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