China, a Talent Pool

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Openwater and Augmentum Set Benchmark for Best Practices in Rapid Development
Ramp-Up
Michael Rocha, co-founder of Openwater (http://www.openwaternet.com/), the company responsible for the next-generation Service Network, will speak May 8th, at Software 2007 in Santa Clara,[link widoczny dla zalogowanych], CA, about the Openwater Service Network and the realities of China as a talent pool for innovative software startups.
"Software and service are converging," says Mr. Rocha. "We are also witnessing a shift in the way we support the administrators and users of this software. Call centers and telephony based networks have been replaced with global knowledge bases and IP networks. We founded Openwater to build the next generation of software service infrastructure, something we call a "Service Network". These Service Networks will create communities of users and administrators that deliver efficient and responsive service." Mr. Rocha continues, "Our decades of experience in enterprise software development and delivery led us to choose Augmentum. Together we designed and deployed a world class development network in record time. We also created implementation and user interface design teams to deliver the experience our customers demand."
Augmentum, a leading provider of value-added software development services, headquartered in Shanghai, China and Foster City,[link widoczny dla zalogowanych], California with additional facilities in Beijing, hires the best and brightest candidates from a huge Chinese talent pool. Augmentum offers the entire scope of outsourced software services, ranging from full cycle software development, to system integration and solution implementation. Fortune 500 companies, including Intel,[link widoczny dla zalogowanych], Motorola, and Microsoft, have relied on Augmentum to develop and test their complex software. Augmentum was recently acknowledged for outsourcing leadership in the Booz Allen Hamilton book, Outsourcing Thought Leaders: Managing Business without Borders (http://www.strategy-business.com/oasreader).
"Augmentum has created a Silicon Valley start-up culture that allows employees to embrace projects requiring technical know-how coupled with creativity and innovation," said Frank Yu, Augmentum President and COO. "The depth of the China talent pool is part of our success in achieving what conventional wisdom predicted could not be done - providing outsourcing leadership to innovation from China. Throughout 2006, more than 10,000 people applied for the 500 positions at Augmentum. Built on our unique managerial style,[link widoczny dla zalogowanych], problem-solving skills, customer focus, and an extremely disciplined culture and development process, Augmentum's success is evident in the company's rapid growth and world class customer list."
Augmentum is a sponsor of Software 2007,[link widoczny dla zalogowanych], in Santa Clara, CA, May 8-9, and representatives can be found in booth #7.
About Augmentum
Augmentum provides Outsourcing Leadership for Innovation. Augmentum engineers augment their clients' teams as an extension, utilizing leading edge development tools and technologies, as well as proven processes, to create commercial-quality software. The management team has decades of collective experience outsourcing commercial software and solutions. Augmentum, Inc. is headquartered in Shanghai and Beijing in China and in Foster City, California. The company has grown to 800 people in China out of 850 worldwide in three years since its founding and won the inaugural Red Herring Asia Top 100 award in 2005, and the Risk Management award at the China Outsourcing Summit in 2006. For more information, please visit [link widoczny dla zalogowanych] or call (650) 578- 9221 x104.