Dallas, TX - 11th December 2007
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Award winning global advisory firm Alsbridge announced today that 2007
U.S. revenues far exceeded expectations, increasing approximately 110
percent over last year. Alsbridge CEO and collaborative outsourcing
pioneer, Ben Trowbridge, says growth from US companies is a result of
strong demand in defense, manufacturing, financial services, insurance
and retail.
Globally, Alsbridge grew over 100 percent from 2006 to 2007.
“This year Alsbridge built a
strong foundation for growth through its attraction and retention of
key talent,” says Morton Meyerson, non-executive Chairman of the
Board for Alsbridge and the key investor in the company’s only
significant funding round. “I believe in the team that is being
assembled and their unique vision and drive for sustainable
relationships and value-creating outsourcing and offshore
relationships. I am quite enthusiastic about the potential we see in
2008 and the financial results for this year.”
“This tremendous growth is
proof that our clients demand and need the services of a truly global
sourcing advisory firm,” says Ben Trowbridge, CEO, Alsbridge
Americas. “Large, strategic sourcing decisions require
sophisticated tools, experienced consultants and strong informational
databases. By investing in these foundations at Alsbridge, we have been
able to attract and close business with global corporations needing
assistance in building business cases and implementing strategic
outsourcing plans that give a balanced view to the options available
that include offshore captive and outsourcing.”
“Uncertain economics and the
continued redistribution of labor should make 2008 an aggressive year
for outsourcing and offshoring,” says Trowbridge. “Those
that implement the right strategic moves will benefit from not only
competitive costs, but innovation and market leadership as a result of
collaborating with the strongest outsourcing advisors and
providers.”
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