Altoros in the Media, 2004–2005

Andrei Yurkevich

Check out the most significant media coverage featuring Altoros in 2004–2005.


A panel on best practices in offshoring

In December 2004, Renat Khasanshyn, CEO at Altoros, took part in the panel entitled “Best Practices in Offshore Outsourcing” together with representatives of the major IT companies (such as IBM) and educational organizations (such as Duke University). The speakers recognized the potential impact of offshoring on the U.S. economy–read the article by the Herald Sun for more details.

“The outsourcing trend will benefit businesses globally, technology entrepreneurs say at forum. The businessmen weighed in on the practice as part of a panel entitled “Best Practices in Offshore Outsourcing,” sponsored by the Research Triangle Park-based Council for Entrepreneurial Development.”

Here’s the full article.


Article: “5 Outsourcing Risks”

Renat Khasanshyn, CEO of Altoros, shared his thoughts on how outsourcing can help achieve a variety of business goals, if the senior management creates an effective strategy to manage the offshore relationship. The article was published by Projects@Work, an online resource for IT and business professionals.

“Businesses are under increasing pressure to do more with less, and offshore outsourcing is on their agenda for many reasons, including lower costs and capital expenses; accelerated time to market; compensation for lack of internal staff; and improved quality. In search of these goals, outsourcing may be a suitable solution. However, as with any new business endeavor, there are trade-offs. Here are five major risks that organizations should consider in planning and executing an outsourcing strategy.”

Read more…


“Belarus attempts to become the Eastern European Bangalore”

Altoros was mentioned in the article dedicated to reviewing the Belarusian IT outsourcing industry. The article describes how Belarusian outsourcing is different, as well as highlights the main challenges and strategies for its future development.

“With its modest population of 9.9 million, Belarus hosts the largest and most established European IT outsourcing providers to the east of Germany. Five of its largest IT outsourcers are at least 10 years old, an age well above average for a private business in Belarus.”

Read more…


A CED panel debates pros and cons of outsourcing

In december 2004, Renat Khasanshyn, CEO at Altoros, participated in the discussion, sponsored by the Council for Entrepreneurial Development. The event took place at the new Fitzpatrick Center for Interdisciplinary Engineering, Medicine and Applied Science (CIEMAS) at Duke University. The article was published by

“There are many issues other than payroll to be addressed in debating whether or not to outsource, an executive at staffing management firm Peopleclick said Wednesday.”

Read more…


Article: “When Offshoring Goes Bad”

April 4, 2004— published an article that described how after getting burned on two previous projects using Indian subcontractors, CompareWirelessPhones.Com LLC relied on Altoros.

“Not every trip to India is blessed by Krishna. Although it is considered to be an outsourcing heaven, some business executives face real problems when trying to manage IT projects with developments teams located in India.”

Read more…


A Flofida man beats outsourcers by joining them

Atoros was mentioned in the article published by Richmond Times-Dispatch. The article tells a story of David Spring, a computer technician in Safety Harbor, FL, who hires developers in another country at a fraction of the cost of American programmers.

“Outsourcing is very real for David Spring, 41, a certified Microsoft engineer, who was working for a Tampa company called SCC Soft Computer in 1998 when his job went to computer technicians abroad.”

Read more…


Is high-tech R&D too vital to outsource?

Ecommerce Times published excerpts from the interview with Renat Khasanshyn, CEO at Altoros. Renat talked about how R&D outsourcing helps decrease costs.

“Although outsourcing has cast a long shadow over many IT professions and functions, there are glimmers of sunlight for U.S. employees involved in certain aspects of the computing industry.”

Read more…

Thanks to all the journalists who spent their time on digging into the topics covered above.

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