Exigen Group, a provider of business process software and services, has announced a strategic partnership with Latvian IT services provider, A/S DATI.
Under the terms of the partnership, DATI will provide outsourcing services to the two companies’ clients, which include 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.
The combined strength of Exigen and DATI represents the largest IT resource in the Baltics, with over 700 employees skilled in application development, maintenance and operations. With its stable economic environment, advanced telecom infrastructure and state-supported focus on IT and innovation, the Baltic region is fast becoming a primary location for outsourced IT services.
“Our clients have already benefited from the specialist skills and resources available in the Baltics, via our Latvian office and our relationships with universities in the region,” said Alex Poberezhsky, general manager of outsourcing services at Exigen Group. “As members of the European Union, Latvia provides an accessible, stable, nearshore alternative to the Asian offshoring market. In partnership with DATI, we’re now able to offer our clients in Western Europe and North America access to even greater resources.”
“This partnership underscores our commitment to providing the highest quality IT services to our public and private sector clients,” said Valdis Lokenbahs, CEO at A/S DATI. “By joining forces with Exigen we can offer our clients more extensive technology and industry expertise, as well as global reach. We’re excited about the opportunities this presents for our clients both today and in the future.”
“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.”