Turniej Pokemon

75nakc49j5

China's emerging outsourcing industry isn't a fire-breathing dragon yet, but it's making strides to become a force, just as its role model India did a decade ago.
Chinese outsourcers still face steep challenges before they can dent the armor of such giants as Infosys in India, or IBM in the U.S. Chinese firms still must improve their software coding and English-speaking skills, better protect intellectual property and build their market awareness.
And they are.
One early success is Beijing-based VanceInfo Technologies. Its U.S. stock has soared 259% this year,[link widoczny dla zalogowanych], and that's even after falling 11.9% Tuesday, after releasing big hikes in third-quarter sales and profit and an improved outlook. But some investors were hoping for an even better outlook from the highflier.
VanceInfo builds and tests software for companies worldwide. Nearly 40% of its sales come from IBM,[link widoczny dla zalogowanych], Microsoft and Huawei, the big Chinese telecom gear maker.
In order to raise cash and its profile, VanceInfo went public on the New York Stock Exchange in late 2007. New customers looking at China put a premium on U.S.-listed companies, says Sidney Huang, VanceInfo's chief financial officer and head of operations.
'Taking Market Share'
"VanceInfo is the only U.S.-listed outsourcing company in China, so we have a distinct advantage from a perception point 15f view," Huang said. "As a public company with brand equity and financial stability, we are taking market share away from smaller players."
Despite the recession, VanceInfo's per-share, year-over-year profit has jumped at least 18% for the past 12 quarters. In that span, sales have soared by at least 38%.
For the third quarter, VanceInfo earnings rose 27% to 17 cents a share ex items. Revenue jumped 45% to $40.2 million. At least one analyst was expecting 17 cents per share on sales of $38.2 million.
The company raised its profit outlook for the year to 57 cents a share ex items. In August, it forecast profit of 53 cents to 55 cents. And it raised its revenue outlook to $145 million from $140 million. That would be a 41% hike.
But management's tone on the earnings conference call seemed conservative about growth prospects in the U.S. and Europe, says Karl Keirstead, a Kaufman Bros. analyst.
"The (earnings) beat-and-raise was not sufficient enough, and the tone on the call was not nearly bullish enough," Keirstead said. He rates the stock a hold, after its big run-up most of this year.
VanceInfo is roughly equal to the size of Infosys back in 1999, when the Indian vendor had $120 million in revenue. Infosys is expected to end this year with roughly $4.9 billion in sales.
Engineers Gravitate To China
But VanceInfo, in some ways, faces a possibly easier growth route than its Indian counterparts, due to the enormous economic growth in China today. As foreign companies set up new businesses in China, they need local outsourcers to help run their tech systems. At the same time, more talented foreign engineers are flocking to China in search of career options.
"Companies with sound financial status, effective business strategies and continuous innovation will be taking this recession as an opportunity to stand out and establish a leading position in the increasingly competitive market," Vivian Yu, an analyst with research firm IDC, said via e-mail from Beijing.
IDC ranks the largest Chinese outsourcers, in order, as: Neusoft, HiSoft, VanceInfo, SinoCom and ChinaSoft.
Chinese outsourcing revenue rose 22% last year to $2.4 billion, IDC says. It forecasts average annual growth of 23% through 2013, when global sales should reach $6.8 billion. While India's outsourcing industry is much larger,[link widoczny dla zalogowanych], the local trade group Nasscom predicts that its sales will rise just 4% to 7% this year and next, after years of double-digit growth.
The Chinese government is investing heavily to nurture its outsourcing sector. And officials are cracking down on software piracy. The government wants to create hundreds of thousands of new skilled jobs in China by 2013.
In February, China's Vice Premier Wang Qishan announced a program to give business benefits to outsourcers in 20 pilot cities. Starting in January, the Ministry of Commerce will offer new tax breaks, financing and vocational training in those cities.
A big challenge for outsourcers in China involves training recent college grads in specific skills needed for software development and testing, says Eric Rongler, Bleum's CEO and founder. The U.S.-owned, privately held outsourcing firm is based in Shanghai.
Rongler says Bleum applies careful screening practices to find skilled workers with a knack for Western business practices. Bleum only accepts employees with an IQ of 130 or above. All new hires must pass behavioral interviews to demonstrate their personal confidence.
To improve communications with global clients, all Bleum employees are required to speak English full time, Rongler says. He boasts that Harvard accepts 11% of applicants, but Bleum only takes the top 1%.
"Our game in China is not to look at being the next, cheaper outsourcing spot," Rongler said. "We go to the top of the talent pool and cherry-pick the best people."
Rongler, who owns a majority stake in Bleum, hopes to take the company public in the U.S. by 2011 or 2012.
Other China outsourcing firms include BeyondSoft, Achievo and Hangzhou Sunyard.
Another player in China is U.S.-based Dextrys. The privately held company is led by Brian Keane, the former head of U.S.-based outsourcing firm Keane.
The business culture in China is evolving, says David Etzler, CEO of OutsourceWorld, a firm that produces industry conferences and trade missions. Etzler recently visited China with executives from 14 large global companies looking for outsourcing partners.
Perhaps the biggest obstacle to building an outsourcing industry in China involves its corporate culture, Etzler says.
For instance, tradition dictates that one should not question authority in China. In addition, many business people there can be rather formal, making it hard for some to connect with their Western colleagues,[link widoczny dla zalogowanych], Etzler says.
"If you can't strike up a conversation, you're not going to get a deal done," he said. "Translation of the language is easy,[link widoczny dla zalogowanych], but translation of personal communications is not an overnight thing to learn."
One big step for the China industry would be to form an outsourcing trade group, much like Nasscom in India. This would give Chinese firms a more unified voice in seeking investment dollars, says Cyrill Eltschinger, CEO of Softtek China, the Chinese unit of Mexico-based outsourcing firm Softtek.

aetosbzv

?? The first time I saw you in the examination room, the last time I saw you are also in the examination room.
?? because so far we have only one side of the border. Therefore, the first is that the last time, last time is that for the first time.
?? However, I believe, for the first time will not be the last. The last time and will never be the first time, I believe, I firmly believe that you?
?? you mean though, but after all, gave me a chance to meet with your life. I have a soft spot for you, God [link widoczny dla zalogowanych], how can you bear to let me save one side edge of it [link widoczny dla zalogowanych]!
?? Eileen Chang once said: in thousands of years, thousands of people, time in the wilderness, neither earlier nor later step, you happen to meet, and this is fate.
?? you walk into the door, I was stunned.
?? I still remember that wonderful moment, you are the appearance of floating in the air in front of me. Like the embodiment of pure beauty, like the fleeting beauty of the dream.
?? my eyes no longer in your body away. My heart no longer beating is not for you. I do not remember what you said. Just daydream to see you, I do hope time can permanently stay in the moment, really hope you can stay forever with me. However, time is not for me, you do not stop for me.
?? I do not have the pressure of cross God, you have drifted hurried out. Like a gust of wind, came without warning, take the time for no reason.
?? I could not help out of the examination room with you, follow you out of the Red Dust. Zhu Court turn to follow you [link widoczny dla zalogowanych], low-chi households.
?? However, I forgot this is the day you do not mess with the dust of the wizard world. Forgot your carefree this is the cloud fairy.
?? your heart in the distance, your heart in between illusory. How would you in a humble Red Dust Dust attention. How can you not for the big crowd a good mortal stop it!
?? you really running away without looking back. You still pull away without looking back.
?? the footsteps of my infatuation did not catch up with you after all the wings of unfettered, soulful eyes I did not move after all the heart you asleep.
?? although unsurprisingly, although Unreasonable. However, I wish you the pace a little for me to stay, how I wish your heart tremble a little for me Yeah.
?? Why can only be Is only a Woman laughing. laugh without Wensheng gradually becoming quiet. sentimental been relentless annoying.??
?? the wall of the beauty sitting playing a leisurely swing, laughing. laughter is like a Valley Girl oriole as mildly, Little Fairy beauty of grace is like as elegant. wall and the beauty of pedestrian Although only separated by a wall, but it is much like the great lakes separated by a wall. This wall separates the Land of the Dead is far, such as blue sky. He can only listen to the melancholy beauty of laughter drifting away. He can only regret the walls looked like a mountain wall, looking disappointed.
?? Hsi Mu-jung of a flowering tree is written like this:

?? How do you meet me
?? the most beautiful moment in my
??
?? for this
?? I have Buddha for five hundred years
?? metion like we're some carnal
?? Buddha then overtaken me a tree
?? long in the street you are bound to
??
?? sun
?? carefully in full blossom
?? blossoming are looking forward to my previous
??
?? When you're
?? you listen
?? trembling leaf
?? is I'm waiting enthusiasm
??
?? And when you finally pass by ignoring
?? one behind you to the
?? friend ah
?? it is not petals
?? That is my withered heart
??
?? met for that moment, I have Buddhas for five hundred years, I moved devout Buddhist, also moved heaven and earth, I of hope that touched you. I grew up in the street you must go through, I carefully open in full blossom, when you get closer, you listen, trembling leaves, is the passion of my waiting. But you finally ignore the walk. But you finally came ignored. ignored through my sincere heart, ignoring the trembling through my love. ignored through the world I created for you.
?? you know? You are my God, for you I do not want to know the outer spring. you know? you are my judge, for you I would rather sentenced to life in prison. you know? though you make beings reversed, but only I can for your life upside down.
?? Tagore said:

?? world distance
?? not
?? life and death
?? and I stand before you
?? you do not know
?? I love you
??
?? me and your body at the moment of encounter is within close proximity of I heart at that moment is already in your body, but sadly, your heart is and my heart and my across the horizon. The horizon is not a general of the World, it is the world's most remote distance.
??
?? I thought of a black swan in the park [link widoczny dla zalogowanych], it is every day without complaint with a beautiful white swan in the back of the ship, issue excited sounds. not asked anything in return, to experience the joy in daily life.
?? Black Swan believes that the white swan boat, there is a sentimental swan wizard, when in the dead of night and meet it, romantic ways.
?? Black Swan believe, the White Swan is a masquerade, but the ship's props. when it masquerade and they will come and it Shuangsushuangfei, cross the neck and sleep.
??
?? I also believe that waiting, with their lives, with love, as long as a white magnolia flower, I believe you will eventually come to me.