Bleum Press Releases:
Shanghai, China, April 22, 2010—Bleum Inc., a China-based IT outsourcer to U.S. and European companies in technology, financial services, telecommunications, manufacturing and retail, is one of just four companies named "Cool Vendors in Application Services, 2010"1by Gartner, Inc.
"The recession and nascent recovery has increased the interest in, and demand for, cost-effectiveness on the one hand and innovation-driven growth on the other," writes Susan Tan, research director for Gartner's IT Services and Sourcing team. "Application services is a mostly mature market, but our selection of 'cool vendors' shows that smaller, innovative companies are still out there."
Unlike software outsourcers that offer only cost savings, Bleum drives innovation and improved business performance for clients by designing, building, running and testing core applications, such as online payment systems and eCommerce web sites. For a major U.S. hedge fund, for example, Bleum developed and operates a trading application that sliced trading speed from 40 microseconds to 10 microseconds. Bleum also specializes in helping clients develop new software products that they sell to their customers.
"Bleum has a strong track record of providing exceptional business value to our clients," says Eric Rongley, Bleum's founder and chief executive. "Our approach is to create dedicated development centers with dedicated teams that become integral extensions of our clients’ IT teams."
Bleum's distinctive operating model maximizes productivity and quality as well as ease of doing business for clients. Led by senior executives from top global technology and consulting firms, including Accenture, HP, IBM and Microsoft, Bleum follows industry best practices and is unique among Chinese outsourcers with an English-only policy. Its proprietary tools for software development and project management are state-of-the-art as is its recruiting process, which secures top talent in China, the world's largest IT talent pool.
The Cool Vendors in Application Services, 2010 report is available at www.bleum.com.
About Gartner's Cool Vendors Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.
Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.
About Bleum
Founded in 2001, Bleum is a China-based IT outsourcing provider to U.S. and European companies in technology, financial services, telecommunications, and retail. Bleum drives improved performance for clients by developing, managing, testing and maintaining applications that are core to their businesses. Led by senior executives from top global technology and consulting firms, Bleum's Western management practices, English-only workplace and dedicated development centers enable it to become an integral extension of its clients' IT organizations.www.bleum.com.
- Gartner Inc. Cool Vendor in Application Services, 2010, S. Tan, M. Goldman, T. T. Tang, M. VonUechtritz, J. Longwood, April 2, 2010.
For further information, contact:
Lois Padovani
Padovani Communications Inc.
Tel: +1-630-241-1430
l.padovani@comcast.net
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