Freeborders of China has been identified by The Black Book of Outsourcing's 2006 survey as one of the 50 best managed global outsourcing vendors. Freeborders was ranked against 872 outsourcing vendors across 63 countries. Freeborders is also the only China provider on the list.
This is the industry's only outsourcing survey ranked by actual customers, contractors and employees of worldwide outsourcing companies. Rankings are not based on application or selection fees, advertising or financial contribution to the sponsors. Surveying more than 15,000 qualified outsourcing purchasers and corporate employees, the Brown-Wilson Group, an outsourcing management consulting firm, judged companies on four distinct areas: human capital performance, CEO commitment, corporate direction and leadership impact.
In 2005, Freeborders experienced 45% year-over-year revenue growth, and year-over-year bookings grew 30%. Freeborders also became one of the first firms in China to be certified at CMMI Level 5, the highest quality rating offered by the Software Engineering Institute at Carnegie Mellon University. Freeborders is one of 70 CMMI Level 5-certified companies in the world.
"The need for an objective ordering of outsourcing vendors was planned by our editors for our book over a year before the book was published," said Scott Wilson, co-author of The Black Book of Outsourcing (John Wiley & Sons Publishers). "Wiley required a directory of companies that objectively named the outsourcing industry's Top 50 'Best Managed' by measurable criteria and independent of subjective judging. We sought the best set of benchmarks from top university business schools as appropriate indicators of managerial excellence."
"This award is an outstanding achievement for Freeborders and is testament to our world-class outsourcing services, as selected firsthand by nearly 900 outsourcing purchasers and corporate employees in the industry," said John Cestar, CEO of Freeborders. "China's massive pool of IT talent and the country's emerging leadership in the global supply chain have made it a strategic location for organizations seeking cost-effective IT solutions and services. Freeborders remains committed to developing close partnerships with its clients, helping pioneer a new kind of outsourcing in China with long-term benefits."
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