HOUSTON, June 18 /PRNewswire/ -- TPI, the largest sourcing data and advisory firm in the world and a unit of Information Services Group, Inc. (ISG) (Nasdaq: III), an industry-leading information-based services company, today announced that the China Sourcing Summit 2010, the country's first national conference aimed at promoting development of the domestic outsourcing industry, attracted more than 300 participants, including services buyers, providers and advisors as well as key officials from the government.
The event, which was organized by TPI, the China Council for International Investment Promotion (CCIIP) and the Hangzhou Municipal Government and sponsored by the Ministry of Commerce (MOC) and other government ministries, brought global leaders and local experts together to discuss the evolution of China's sourcing market and the impact its fast-growing economy and global delivery capability are having on the industry worldwide.
The theme of the event, which covered topics such as sourcing governance, data privacy, intellectual property protection and government regulation, was "Survival of the Fittest." Speakers included executives with experience at Disney, DuPont and high-tech leader Symantec, who discussed strategies for accelerating the growth of outsourcing by international firms. Participants also had the opportunity to tour the facilities of local service providers and learn from the experiences of multinational buyers already working in China.
"The sourcing industry in China is changing dramatically, and that has created opportunities for the fittest companies to prosper," said Michael Rehkopf, Partner and Director, North Asia, TPI. "At the China Sourcing Summit, we not only identified the challenges for clients and service providers wanting to capitalize on these opportunities, we also shared ideas on how they can overcome them."
Since launching in China last year, TPI has been working with the MOC and CCIIP to accelerate development of the sourcing market, including the establishment of protocols designed to make the country more attractive to multinational corporations seeking to diversify their global footprints.
"The emergence of China as a global sourcing destination is an exciting and important development for our industry," said Michael P. Connors, Chairman & CEO, ISG and TPI, who hosted the launch of the China Sourcing Summit 2010. "The success of this event proves that clients and services providers from around the world want to do business here. With our partners at the MOC and CCIIP, TPI can help them do that."
TPI, a unit of Information Services Group, Inc. (ISG) (NASDAQ: III), is the founder and innovator of the sourcing advisory industry, and the largest sourcing data and advisory firm in the world. We are expert at a broad range of business support functions and related research methodologies. Utilizing deep functional domain expertise and extensive practical experience, our accomplished industry experts collaborate with organizations to help them advance their business operations through the best combination of business process improvement, shared services, outsourcing and offshoring. In 2010, TPI ranked no. 1 in the International Association of Outsourcing Professionals Global Outsourcing 100: World's Best Outsourcing Advisors. For additional information, visit www.tpi.net.
About Information Services Group, Inc.
Information Services Group, Inc. (ISG) (NASDAQ: III) was founded in 2006 to build an industry-leading, high-growth, information-based services company by acquiring and growing businesses in advisory services, including strategy, implementation and management, and market information, including market measurement, analytics and related product and services. In November 2007, the company acquired TPI, the largest sourcing data and advisory firm in the world. Based in Stamford, Conn., ISG has a proven leadership team with global experience in information-based services and a track record of creating significant value for shareowners, clients and employees. For more, visit www.informationsg.com.