{"id":51281,"date":"2005-03-21T19:13:20","date_gmt":"2005-03-21T16:13:20","guid":{"rendered":"https:\/\/www.altoros.com\/blog\/?p=51281"},"modified":"2020-04-06T12:01:38","modified_gmt":"2020-04-06T09:01:38","slug":"altoros-in-the-media-2004-2005","status":"publish","type":"post","link":"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/","title":{"rendered":"Altoros in the Media, 2004\u20132005"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#Best_practices_in_offshoring\" >Best practices in offshoring<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#5_outsourcing_risks\" >5 outsourcing risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#Belarus_to_become_the_Eastern_European_Bangalore\" >Belarus to become the Eastern European Bangalore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#Pros_and_cons_of_outsourcing\" >Pros and cons of outsourcing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#When_offshoring_goes_awry\" >When offshoring goes awry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#Beating_outsourcers_by_joining_them\" >Beating outsourcers by joining them<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#Is_high-tech_R_D_too_vital_for_outsourcing\" >Is high-tech R&#038;D too vital for outsourcing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#Further_reading\" >Further reading<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Best_practices_in_offshoring\"><\/span>Best practices in offshoring<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In December 2004, <a href=\"https:\/\/www.linkedin.com\/in\/renatco\/\" rel=\"noreferrer noopener\" target=\"_blank\">Renat Khasanshyn<\/a>, CEO at Altoros, took part in the panel entitled &#8220;Best Practices in Offshore Outsourcing&#8221; together with representatives of the major IT companies, such as IBM, and educational organizations, such as Duke University. During the talk, the speakers explored the potential impact offshoring may have on the U.S. economy, as well as discussed how businesses can benefit from the outsourcing trend. Read the <a href=\"https:\/\/www.altoros.com\/pdf\/attachment.php?fname=herald_sun.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">full article<\/a> for more details.<\/p>\n<p><center><a href=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2005\/03\/panel-of-best-practices-in-offshoring.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2005\/03\/panel-of-best-practices-in-offshoring.jpg\" alt=\"\" width=\"535\" height=\"272\" class=\"alignnone size-full wp-image-51292\" \/><\/a><small>A panel on best practices in offshore outsourcing<\/small><\/center><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_outsourcing_risks\"><\/span>5 outsourcing risks<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-51283\" title=\"p&amp;w\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2020\/02\/pw.bmp\" alt=\"\" width=\"181\" height=\"60\" hspace=\"5\" vspace=\"5\" \/><\/p>\n<p>Renat Khasanshyn of Altoros, shared his thoughts on how outsourcing can help to achieve a variety of business goals, if senior management creates an effective strategy for offshore relationships. For more information on five major risks that organizations should consider in planning and executing an outsourcing strategy, read the <a href=\"https:\/\/www.altoros.com\/pdf\/attachment.php?fname=5_Outsourcing_Risks.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">article<\/a> published by <a href=\"https:\/\/www.projectmanagement.com\/pages\/379455\/ProjectsAtWork\" target=\"_blank\" rel=\"noopener noreferrer\">Projects@Work<\/a>\u2014an online resource for IT and business professionals.<\/p>\n<blockquote><p>&#8220;Businesses are under increasing pressure to do more with less, and offshore outsourcing is on their agenda for many reasons, including lower costs and capital expenses, accelerated time to market, compensation for lack of internal staff, and improved quality. In search of these goals, outsourcing may be a suitable solution. However, as with any new business endeavor, there are trade-offs. Here are five major risks that organizations should consider in planning and executing an outsourcing strategy.&#8221; \u2014Renat Khasanshyn, Altoros<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Belarus_to_become_the_Eastern_European_Bangalore\"><\/span>Belarus to become the Eastern European Bangalore<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-51284\" title=\"oc_logo\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2020\/02\/oc_logo.jpg\" alt=\"\" width=\"221\" height=\"62\" \/><\/p>\n<p>Altoros was mentioned in the article dedicated to reviewing the Belarusian IT outsourcing industry. The article describes how Belarusian outsourcing is different, as well as highlights the main challenges and strategies for its future development.<\/p>\n<blockquote><p>&#8220;With its modest population of 9.9 million, Belarus hosts the largest and most established European IT outsourcing providers to the east of Germany. Five of its largest IT outsourcers are at least 10 years old, an age well above average for a private business in Belarus.&#8221;<br \/>\n\u2014Renat Khasanshyn, Altoros<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Pros_and_cons_of_outsourcing\"><\/span>Pros and cons of outsourcing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-51285\" title=\"Council for Entrepreneurial Development\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2020\/02\/Council-for-Entrepreneurial-Development-1.jpg\" alt=\"\" width=\"170\" height=\"83\" \/><\/p>\n<p>In December 2004, Renat Khasanshyn of Altoros <a href=\"https:\/\/www.altoros.com\/pdf\/attachment.php?fname=localtechwire_com.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">participated<\/a> in the discussion, sponsored by the <a href=\"https:\/\/cednc.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Council for Entrepreneurial Development<\/a>. The event took place at the new Fitzpatrick Center for Interdisciplinary Engineering, Medicine and Applied Science (CIEMAS) at Duke University.<\/p>\n<blockquote><p>&#8220;There are many issues other than payroll to be addressed in debating whether or not to outsource.&#8221; \u2014Renat Khasanshyn, Altoros<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_offshoring_goes_awry\"><\/span>When offshoring goes awry<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-51286\" style=\"border: 1px solid black;\" title=\"Salon.com\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2020\/02\/logo_salon.gif\" alt=\"\" width=\"193\" height=\"50\" \/><\/p>\n<p>On April 4, 2004, <a href=\"https:\/\/www.salon.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Salon<\/a> published an <a href=\"https:\/\/www.altoros.com\/pdf\/attachment.php?fname=salon_com.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">article<\/a> that described how CompareWirelessPhones.Com LLC turned to Altoros after collaborating on several unsuccessful projects with Indian-based companies.<\/p>\n<blockquote><p>&#8220;Not every trip to India is blessed by Krishna. Although it is considered to be outsourcing heaven, some business executives face real problems when trying to manage IT projects with development teams located in India.&#8221; \u2014Renat Khasanshyn, Altoros<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Beating_outsourcers_by_joining_them\"><\/span>Beating outsourcers by joining them<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-51287\" style=\"border: 1px solid black;\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2020\/02\/rt-dispatch.gif\" alt=\"\" width=\"193\" height=\"31\" \/><\/p>\n<p>Atoros was mentioned in the <a href=\"https:\/\/www.altoros.com\/pdf\/attachment.php?fname=Richmond_times_dispatch.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">article<\/a> published by <a href=\"https:\/\/richmond.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Richmond Times-Dispatch<\/a>. The article tells a story of <b>David Spring<\/b>, a computer technician in Safety Harbor, FLorida, who hires developers in another country at a fraction of the cost of American programmers.<\/p>\n<blockquote><p>&#8220;Outsourcing is very real for David Spring, a certified Microsoft engineer, who was working for SCC Soft Computer in 1998 when his job went to computer technicians abroad.&#8221;<br \/>\n\u2014Renat Khasanshyn, Altoros<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_high-tech_R_D_too_vital_for_outsourcing\"><\/span>Is high-tech R&#038;D too vital for outsourcing?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-51288\" style=\"border: 1px solid black;\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2020\/02\/ect_logo_258x94.gif\" alt=\"\" width=\"193\" height=\"72\" \/><\/p>\n<p>E-commerce Times <a href=\"https:\/\/www.altoros.com\/pdf\/attachment.php?fname=ecommerce_times.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">published<\/a> some excerpts from the interview with Renat Khasanshyn of Altoros, talking about how R&amp;D outsourcing helps to decrease costs.<\/p>\n<p>Renat Khasanshyn of Altoros also noted that, although outsourcing had cast a long shadow over many IT professions and functions, there were glimmers of sunlight for the U.S. employees involved in certain aspects of the computing industry.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Further_reading\"><\/span>Further reading<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/altoros-speaks-at-inter-governmental-it-forum-in-sweden\/\">Altoros Speaks at Inter-Governmental IT Forum in Sweden<\/a><\/li>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/altoros-has-joined-a-hi-tech-park-in-eastern-europe\/\">Altoros Has Joined a Hi-Tech Park in Eastern Europe<\/a><\/li>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/a-sneak-peak-at-the-development-kitchen-of-altoros-q2-2008\/\">A Sneak Peak at the Development Kitchen of Altoros<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Best practices in offshoring<\/p>\n<p>In December 2004, Renat Khasanshyn, CEO at Altoros, took part in the panel entitled &#8220;Best Practices in Offshore Outsourcing&#8221; together with representatives of the major IT companies, such as IBM, and educational organizations, such as Duke University. During the talk, the speakers explored the potential impact offshoring [&#8230;]<\/p>\n","protected":false},"author":51,"featured_media":51290,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[7],"tags":[895],"class_list":["post-51281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-opinion","tag-research-and-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Altoros in the Media, 2004\u20132005 | Altoros<\/title>\n<meta name=\"description\" content=\"This blog post features the most significant media coverage of Altoros discussing the role of outsourcing in global businesses today.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altoros in the Media, 2004\u20132005 | Altoros\" \/>\n<meta property=\"og:description\" content=\"Best practices in offshoring In December 2004, Renat Khasanshyn, CEO at Altoros, took part in the panel entitled &#8220;Best Practices in Offshore Outsourcing&#8221; together with representatives of the major IT companies, such as IBM, and educational organizations, such as Duke University. During the talk, the speakers explored the potential impact offshoring [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/\" \/>\n<meta property=\"og:site_name\" content=\"Altoros\" \/>\n<meta property=\"article:published_time\" content=\"2005-03-21T16:13:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-06T09:01:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2005\/03\/best-practices-in-offshoring-panel-featured-image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Andrei Yurkevich\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andrei Yurkevich\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/\",\"url\":\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/\",\"name\":\"Altoros in the Media, 2004\u20132005 | Altoros\",\"isPartOf\":{\"@id\":\"https:\/\/www.altoros.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2005\/03\/best-practices-in-offshoring-panel-featured-image.png\",\"datePublished\":\"2005-03-21T16:13:20+00:00\",\"dateModified\":\"2020-04-06T09:01:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.altoros.com\/blog\/#\/schema\/person\/d13de5437a8bf0477d4222afde2a232a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#primaryimage\",\"url\":\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2005\/03\/best-practices-in-offshoring-panel-featured-image.png\",\"contentUrl\":\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2005\/03\/best-practices-in-offshoring-panel-featured-image.png\",\"width\":640,\"height\":360},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.altoros.com\/blog\/altoros-in-the-media-2004-2005\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.altoros.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Altoros in the Media, 2004\u20132005\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.altoros.com\/blog\/#website\",\"url\":\"https:\/\/www.altoros.com\/blog\/\",\"name\":\"Altoros\",\"description\":\"Insight\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.altoros.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.altoros.com\/blog\/#\/schema\/person\/d13de5437a8bf0477d4222afde2a232a\",\"name\":\"Andrei Yurkevich\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.altoros.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2017\/05\/Andrei-Yurkevich-150x150.png\",\"contentUrl\":\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2017\/05\/Andrei-Yurkevich-150x150.png\",\"caption\":\"Andrei Yurkevich\"},\"description\":\"With 10+ years in the software development industry, Andrei Yurkevich serves as President and Chief Technology Officer at Altoros. 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