Crown Equity Holdings Inc. (OTCBB:CRWE) is pleased to report its financial information for the 6-month period ending June 30, 2010. Revenue for the six months totaled $678,988, compared to $84,357 during the same period in 2009. The Company incurred an operating loss of $26,739 for the six months ending June 30, 2010, compared to an operating loss of $245,796 during the same period in 2009. The Company incurred a net loss of $201,658 for the six months ending June 30, 2010, compared to a net loss of $255,006 for the same period in 2009. The net loss in 2010 was due primarily to an unrealized loss of $169,195 on securities held by the Company.
“We are pleased with the continued progress during the last six months compared to the same period in the previous year,” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Not only do our financial results show strong growth during this year, but we continue to build our internal structure to support future growth,” stated Bosket.
Crown Equity Holdings Inc. has increased its workforce to an amount of 35, compared to this time last year’s head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors recently hired in Pakistan.
The company has also expanded its Internet footprint internationally to include the following countries; Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
Wipro Limited (NYSE:WIT) subsidiary Wipro Technologies, has entered into a five year agreement with ArcelorMittal, the world’s leading steel company, to consolidate and migrate its messaging systems to the Microsoft Exchange 2010 messaging platform.
Wipro will host the new global messaging system on its hardware, hosted at six ArcelorMittal datacenters, spanning across North America, Latin America, East and West Europe and Asia. As a critical component of this engagement, Wipro will secure ArcelorMittal�s global messaging system using state-of-the-art Anti-Virus, Anti-Spam and Archival solutions. Wipro will also manage ArcelorMittal�s global messaging systems for the entire period of the contract. This engagement will help transform ArcelorMittal�s messaging environment and curtail their global messaging spending.
Wipro will use its Next Generation Global Command Center (GCC) for rendering the global messaging management services.
Wipro Technologies, a division of Wipro Limited, is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Cognizant (Nasdaq: CTSH), a leading global provider of information technology, consulting, and business process outsourcing services, has topped the client satisfaction rankings in the 2009-10 Europe ITO Service Provider Performance and Satisfaction (SPPS) study carried out by EquaTerra, a leading provider of expert advisory services in information technology and business process transformation.
The study evaluated 25 service providers based on an assessment of more than 2,000 client engagements and feedback of the CFOs, CIOs or their direct reports from more than 750 of the top IT spending organizations across 12 countries in Europe. While Cognizant topped the general satisfaction ranking with a score of 79%, it also emerged as the only service provider that has no dissatisfied clients among those surveyed as part of the study.
Cognizant topped the rankings in seven of the eight parameters the study focused on. These include Relationship Management (actively managing the relationship at the operational as well as the strategic levels), Innovation (actively identifying innovation opportunities), Transition (completing the transition successfully on time and budget and with the required functionality), Quality (meeting the service levels as set out in the Service Level Agreement), Price (charging for services in line with current market price), and Risk (shouldering reasonable commercial risk and making necessary investments to reduce that risk).
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