Insigma Hengtian Attended IOBD Summit

On October 26-28, 2008, the International Outsourcing Business Development (IOBD) Summit was held in Hangzhou. The CEO of Insigma Hengtian, Bo Zhou, and Hengtian’s marketing team attended this event. During the summit, they met with leading companies in different industries from all over the world as well as ITO/BPO providers to share their knowledge of the outsourcing industry in China, and they communicated with several potential clients in the Business Discussion and Match session.

Supported by the Department of Foreign Investment Administration of the Ministry of Commerce of PRC and the People’s Government of Hangzhou, co-organized by Hangzhou Foreign Trade & Economic Cooperation Bureau and Beijing Great-Idea International Outsourcing Consulting Center, the IOBD summit has won support from many international renowned outsourcing consulting institutions such as the International Association of Outsourcing Professionals (IAOP), Bearingpoint, and Global Service. A total of 400 people, including business leaders, outsourcing experts, outsourcers, senior executives of financial and investment institutes of transnational corporations of the U.S., Japan, Europe, and India, all attended this event.

At this summit, Insigma Technology was awarded with “The Best Business Practice on Promoting the Development of International IT Software Services Outsourcing”, and State Street Information Technology (Zhejiang) won “The Best Business Practice on Promoting International Outsourcing Cooperation and Development”. As one of the base cities of China’s service outsourcing, Hangzhou was recognized as “The Best Business City on Promoting the Development of International Financial Services Outsourcing Delivery Center”.

The event was especially important this year as everybody was eager to discuss the role outsourcing would play in these uncertain economic times. Leaders from different industries and ITO/BPO providers exchanged ideas on the direction of the outsourcing industry in the future.