Niteo Records Sharp Increase in Global BI Outsourcing

Niteo Partners, a subsidiary of NEC (News - Alert) Corporation of America, announced dramatic growth of the BI services provided by its dual-shore team located in the U.S. and Chennai, India. Niteo Partners is a provider of consulting, implementation and outsourcing services specializing in business intelligence and performance management solutions.

Niteo's Total Performance Outsourcing (TPO) dual-shore offering includes migration, upgrades, dashboard development and support at a fraction of the cost compared to traditional on-shore support models.

"Most organizations are challenged by a queue of critical business intelligence, data management and performance management initiatives with a lower pool for project funds as they come out of this challenging economic period" stated Frank Bianchi, executive vice president and head of Niteo Partners in a statement. "The opportunity to save 40 to 50 percent of implementation and support costs has driven significant adoption of our TPO offerings by mid-market companies as well as Fortune 2000 enterprises."

Niteo was also recently recognized as Best of Solution Showcase at the October 2009 IBM (News - Alert) Information on Demand Conference for the SmartPredict solution portfolio, which provides dashboards, analytics and forecasting solutions across a diverse set of business functions and vertical markets. In addition to supporting the IBM InfoSphere, Cognos, TM1 and SPSS platforms, Niteo is a Gold Microsoft (News - Alert) BI Competency Partner.

Bianchi outlined the roadmap Niteo takes to provide customers with optimized ROI from their investments. "Niteo Partners customizes consulting services and the deployment of onshore and offshore resources based on unique business requirements ranging from Office of Finance FPM projects to migrations, platform modernization, and ongoing support. This winning partnering model enables Niteo to demonstrate the flexibility and agility required to adapt to the changing needs of our customers," he added.

Niteo Partners offers solutions in business intelligence, performance management, operational and financial dashboards, enterprise planning, TM1 and migrations and information management. Niteo has sales and solution centers in the United States and utilizes a dual-shore capability in Chennai to create additional value and cost savings to their clients.

Niteo, which was named IBM Cognos (News - Alert) North American Services Partner of the Year from 2007 to 2009, announced the achievement of IBM InfoSphere Solution Provider Status based on the success of the SmartPredict portfolio of vertical solutions.