Latest news with #outsourcing
Globe and Mail
17 hours ago
- Business
- Globe and Mail
IBN Technologies Modernizes Civil Works Engineering Support to Meet Global Demand
"Civil Works Engineering [USA]" IBN Technologies announces the expansion of its civil engineering services across North America, Europe, the Middle East, and Asia-Pacific. With over 25 years of delivery experience, ISO certifications, and digital-first workflows, the company offers cost-effective, scalable support for infrastructure projects. Services include design coordination, documentation, budgeting, and project tracking. Miami, Florida - 27 June, 2025 - As the global infrastructure sector continues to expand, the role of outsourced engineering support has become central to how construction projects are executed efficiently. IBN Technologies, a trusted name in civil works engineering outsourcing, is offering an innovative and cost-effective solution to help engineering firms and developers meet growing demands without overextending their internal resources. By integrating domain-specific expertise with cloud-based collaboration systems, IBN Technologies empowers clients to navigate tight deadlines, escalating design complexity, and strict compliance mandates. Their solutions are particularly relevant in today's environment where infrastructure funding is rising, yet the availability of skilled civil engineers remains limited. 'Our model is built to bridge capability gaps and streamline execution without compromising technical quality,' says Ajay Mehta, CEO of IBN Technologies. 'From planning to transportation networks, engineering support allows firms to scale effectively.' Discover Smarter Ways to Execute your Civil Engineering Goals Get a Free Consultation: Industry Challenges in Civil Works Engineering Many firms are under pressure due to the following persistent challenges: Shortage of skilled civil engineers and CAD technicians Delays caused by inefficient manual workflows Difficulty managing multi-phase projects with real-time visibility Compliance gaps in documentation for regional agencies Rising costs of full-time technical staff and in-house design tools These constraints continue to affect project timelines and budgeting, prompting companies to explore high-value outsourcing partnerships. IBN Technologies' Civil Works Engineering Solutions IBN Technologies offers a structured outsourcing model designed to support every stage of engineering, from early-stage concept development to construction-ready documentation. Their capabilities span across: • Subdivision planning and zoning-aligned site layouts • Roadway design, grading plans, and drainage systems • Utility infrastructure layout and stormwater management • Reinforcement detailing and material estimation (MBQTOs) • Cut-and-fill volume analysis and structural drawings • Digital markups with real-time feedback and version control • Formatting and compliance-ready documentation for local/state agencies The company is ISO 9001:2015, ISO 20000:2018, and ISO 27001:2022 certified, ensuring adherence to global quality standards and robust data security. With over 25 years of experience across the U.S., U.K., Middle East, and India, IBN Technologies is equipped to support residential, commercial, and public-sector infrastructure projects of all sizes. 'Our focus is not just delivery—it's about building engineering resilience for our clients,' said Ajay Mehta CEO of IBN Technologies. Key Benefits of Outsourcing Civil Works Engineering For construction and infrastructure firms seeking efficiency, outsourcing to IBN Technologies offers: • Access to skilled professionals without increasing permanent headcount • Reduced design turnaround time through proven digital processes • Significant cost savings and operational flexibility • Improved document compliance across jurisdictions • Scalability to support complex, multi-site, or phased projects This outsourcing model allows companies to concentrate on strategic decisions while delegating execution-heavy tasks to specialized partners. Demonstrated Success in Outsourced Civil Engineering Services With the increasing demand for specialized engineering expertise, IBN Technologies consistently delivers tangible results through its organized outsourcing framework: • Achieves up to 70% in cost savings without compromising service quality • Holds ISO 9001:2015, 20000:2018, and 27001:2022 certifications for quality assurance and data protection • Brings over two decades of experience delivering civil engineering projects worldwide • Utilizes cloud-based workflows that enable seamless collaboration and remote project tracking As engineering projects become more intricate, many organizations are turning to outsourced civil engineering to expand capabilities, hit critical deadlines, and minimize internal strain. Supported by reliable processes and skilled professionals, IBN Technologies helps businesses address technical challenges with greater accuracy, minimized risk, and dependable execution at every project phase. Expand Your Engineering Capabilities On Demand Contact us: Looking Forward: A New Era in Civil Works Engineering Delivery With governments and private developers ramping up infrastructure investments globally, engineering is entering a new phase of innovation and complexity. Firms that adapt to smarter delivery models will have a competitive edge in a rapidly evolving sector. IBN Technologies is at the forefront of this transformation. Their solutions extend far beyond back-office drafting—they enable seamless technical collaboration, predictive planning, and regulatory assurance, even across borders. 'Success in today's civil engineering landscape requires more than just skilled labor—it demands adaptive systems and a proactive partnership mindset,' says Mehta. 'That's where we bring value.' As pressure mounts to build faster, greener, and smarter, firms that rethink how they source civil engineering will be best positioned for long-term success. By leveraging IBN Technologies' outsourcing framework, stakeholders can achieve higher design accuracy, greater transparency, and on-time project execution. About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in the use- Real estate and construction (civil engineering) Industry, RPA, Intelligent Process Automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO, Outsourcing services in finance and accounting, including CPAs, Hedge funds, alternative investments, banking, travel, and human resources. It offers customized solutions that drive AR efficiency and growth.
Yahoo
a day ago
- Business
- Yahoo
The Middlemen Gaming the US Work Visa Lottery
For decades, foreign staffing and outsourcing firms have taken advantage of loopholes in a US visa program meant to bring in high-skilled workers to make up for a lack of domestic tech talent. Amid a US immigration crackdown the Trump administration contends is based in part on protecting American jobs, here's how middlemen keep gaming the visa system at the expense of US workers and many others.
Bloomberg
2 days ago
- Business
- Bloomberg
The Middlemen Gaming the US Work Visa Lottery
For decades, foreign staffing and outsourcing firms have taken advantage of loopholes in a US visa program meant to bring in high-skilled workers to make up for a lack of domestic tech talent. Amid a US immigration crackdown the Trump administration contends is based in part on protecting American jobs, here's how middlemen keep gaming the visa system at the expense of US workers and many others. (Source: Bloomberg)
Daily Mail
2 days ago
- Business
- Daily Mail
Report: Hyatt cuts 30% of US staff - hands jobs to El Salvador
Fewer American workers will be answering the phone at one of the US's largest hotel chains. Hyatt Hotels confirmed to that its cutting US staffers from its customer service department. The company is reportedly replacing the American workers with staff in El Salvador, who will allegedly receive $400 a month payments. Hyatt's reductions come as a raft of layoffs from some of the US's biggest firms, as companies look to cut costs and implement new AI technology. The hotel chain reduced staffing across guest services and support roles — who handled customer service requests including reservations, loyalty program support, and general guest assistance — by 30 percent in the US. Hyatt did not confirm how many workers were affected, but travel blog View From The Wing — run by travel expert Gary Leff — reported that roughly 300 US-based employees were let go. The blog also said operations were being shifted in part to El Salvador, where outsourced agents reportedly earn as little as $400 a month. While Hyatt declined to comment on those specifics, former employees shared layoff experiences on social media platforms including Reddit, TikTok, and Leff's blog. 'Today, Hyatt finished what they started six months ago and terminated the rest of their US call team,' a person, claiming to be a laid-off employee, said on Reddit. 'Enjoy the customer service y'all!' Another Redditor reported getting laid off in a Zoom call. A third said they recently attended a company-wide summit and received assurances about their job security. On TikTok, a former Hyatt employee posted a video of themselves getting laid off on June 18, including a recording of an alleged mass-layoff video chat. 'We have made the very difficult decision to reduce the number of guest services and support [staff],' a voice can be heard in the video. A commenter on View From The Wing, identifying as a former staffer, said they were given 60 days of paid leave following the layoffs. The company, which operates more than 1,300 hotels across 76 countries and ranks as the fifth-largest hotel chain in the US, said the changes reflect 'the evolving nature of guest inquiries and shifting business needs.' A spokesperson told that 'decisions and conversations with impacted colleagues were handled with utmost respect and care,' and emphasized that care centers continue to operate in Marion, Illinois and Omaha, Nebraska. The restructuring comes as Hyatt, like many major companies, turns toward automation, self-service tools, and offshore labor to cut costs. As the hospitality and retail industries adapts to post-pandemic shopping habits, the shift toward leaner, more tech-driven operations could leave fewer roles for American workers. But this shift is different from past American mass job cuts. Unlike past national firing trends that culled America's manufacturing openings, today's job cuts are increasingly impacting highly-educated, highly-compensated employees .
Yahoo
2 days ago
- Business
- Yahoo
Data & Business Process Services Q1 Earnings: CSG (NASDAQ:CSGS) is the Best in the Biz
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how CSG (NASDAQ:CSGS) and the rest of the data & business process services stocks fared in Q1. A combination of increasing reliance on data and analytics across various industries and the desire for cost efficiency through outsourcing could mean that companies in this space gain. As functions such as payroll, HR, and credit risk assessment rely on more digitization, key players in the data & business process services industry could be increased demand. On the other hand, the sector faces headwinds from growing regulatory scrutiny on data privacy and security, with laws like GDPR and evolving U.S. regulations potentially limiting data collection and monetization strategies. Additionally, rising cyber threats pose risks to firms handling sensitive personal and financial information, creating outsized headline risk when things go wrong in this area. The 11 data & business process services stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.3% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 6.8% on average since the latest earnings results. Powering billions of critical customer interactions annually, CSG Systems (NASDAQ:CSGS) provides cloud-based software platforms that help companies manage customer interactions, process payments, and monetize their services. CSG reported revenues of $299.5 million, up 1.5% year on year. This print exceeded analysts' expectations by 1.4%. Overall, it was an exceptional quarter for the company with full-year revenue guidance exceeding analysts' expectations and a solid beat of analysts' EPS estimates. 'Team CSG's strong first quarter results enabled us to raise our 2025 non-GAAP profitability and EPS guidance targets. We grew revenue nicely at customers outside of communication service providers ('CSPs') with a third of our revenue now coming from big, faster growing industry verticals providing a buffer against today's macro-economic uncertainty.' said Brian Shepherd, President and Chief Executive Officer of CSG. CSG achieved the highest full-year guidance raise but had the slowest revenue growth of the whole group. Unsurprisingly, the stock is up 3.9% since reporting and currently trades at $63.73. Is now the time to buy CSG? Access our full analysis of the earnings results here, it's free. Pioneering the concept of "agile aerospace" with hundreds of small but powerful satellites, Planet Labs (NYSE:PL) operates the world's largest fleet of Earth observation satellites, capturing daily images of our planet to provide insights on deforestation, agriculture, and climate change. Planet Labs reported revenues of $66.27 million, up 9.6% year on year, outperforming analysts' expectations by 6.5%. The business had a very strong quarter with an impressive beat of analysts' EPS estimates and full-year revenue guidance slightly topping analysts' expectations. Planet Labs pulled off the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 36.2% since reporting. It currently trades at $5.46. Is now the time to buy Planet Labs? Access our full analysis of the earnings results here, it's free. Processing over $10 trillion in equity and fixed income trades daily and managing proxy voting for over 800 million equity positions, Broadridge Financial Solutions (NYSE:BR) provides technology-driven solutions that power investing, governance, and communications for banks, broker-dealers, asset managers, and public companies. Broadridge reported revenues of $1.81 billion, up 4.9% year on year, falling short of analysts' expectations by 2.5%. It was a slower quarter, leaving some shareholders looking for more. Broadridge delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 1.6% since the results and currently trades at $238.16. Read our full analysis of Broadridge's results here. With a research department that makes over 10,000 property updates daily to its 35-year-old database, CoStar Group (NASDAQ:CSGP) provides comprehensive real estate data, analytics, and online marketplaces for commercial and residential properties in the U.S. and U.K. CoStar reported revenues of $732.2 million, up 11.5% year on year. This number met analysts' expectations. It was a strong quarter as it also produced an impressive beat of analysts' EPS estimates and revenue guidance for next quarter meeting analysts' expectations. CoStar had the weakest full-year guidance update among its peers. The stock is down 2.2% since reporting and currently trades at $80.76. Read our full, actionable report on CoStar here, it's free. Known for its proprietary D-U-N-S Number that serves as a unique identifier for businesses worldwide, Dun & Bradstreet (NYSE:DNB) provides business decisioning data and analytics that help companies evaluate credit risks, verify suppliers, enhance sales productivity, and gain market visibility. Dun & Bradstreet reported revenues of $579.8 million, up 2.7% year on year. This result was in line with analysts' expectations. Overall, it was a strong quarter as it also recorded a decent beat of analysts' EPS estimates. The stock is up 1.2% since reporting and currently trades at $9.07. Read our full, actionable report on Dun & Bradstreet here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
