Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Outsourcing history
Outsourcing company history timeline
The first foreign military mission in Japan was held by France in 1867.
The Meiji Emperor announced in his 1868 Charter Oath that:
After Alfred P. Sloan Jr. took over General Motors in 1921, the company was a step away from bankruptcy and Sloan’s emphasis on outsourcing pulled the company out of the crisis and resulted in GM beating its main rival — Henry Ford.
EDS saved over $4 million for GMC. For example, the ADP company, found in 1949 provided the salary calculation services only.
In 1962 the IT outsourcing company called EDS was established in Dallas, TX. It would primarily offset the balance for several banks by renting the time from high-capacity computers.
Founded in 1976 as Cronus Industries Inc., BRC Holdings was based in Dallas and specialized in providing automated record-keeping services to state and local governments.
When MTech was put up for sale in 1988, Deason and other executives put in a bid of $245 million for a management buyout, only to lose to EDS's bid of $345 million.
Since its inception in 1988, ACS had acquired 13 data processing companies.
Revenue in its first fiscal year ending June 30, 1989, was $74 million.
A key acquisition was completed in December 1989, when ACS acquired OBS Companies, Inc., of San Francisco.
Eastman Kodak’s decision to outsource the information technology systems that undergird its business was considered revolutionary in 1989, but it was actually the result of rethinking what their business was about.
Revenue for 1990 was in the $120 to $150 million range, and the firm's workforce grew to about 1,300 employees, 800 of whom worked in Dallas.
In 1991 the company tried to enter the mortgage banking business and buy BancPlus Mortgage Corporation.
In 1992 ACS expanded its business into the Northeast with the purchase of CIC/DISC, an outsourcing firm based in New York City.
Also in 1994 ACS signed an agreement with Wal-Mart to install MoneyMaker ATMs in its Supercenter Stores and Sam's Club Stores.
Continuing Aggressive Acquisitions Strategy As a Public Company: 1994-99
1996: ACS has more than 5,000 ATMs in its network.
The company opened its first foreign facility in 1997 in Mexico.
By 1999, the government introduced policies which played a key role in reshaping the structure and size of the telecom Industry, allowing commercial entities to participate in almost every industry segment.
In June 2001 ACS agreed to acquire Global Government Solutions (GGS) from Systems & Computer Technology Corporation for $85 million in cash.
They started outsourcing in the year 2001 with a Shanghai-based company when the demand for their product began to overwhelm them.
ACS became a member of the Fortune 500 in 2003, ranked 488th.
The deal, which was expected to close in 2004, called for Lockheed Martin to pay $658 million for ACS's government solutions business, while ACS would pay $107 million for Lockheed Martin's commercial IT outsourcing business.
Rate how well Outsourcing lives up to its initial vision.
Outsourcing jobs
Do you work at Outsourcing?
Is Outsourcing's vision a big part of strategic planning?
Outsourcing history FAQs
Zippia gives an in-depth look into the details of Outsourcing, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Outsourcing. The employee data is based on information from people who have self-reported their past or current employments at Outsourcing. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Outsourcing. The data presented on this page does not represent the view of Outsourcing and its employees or that of Zippia.
Outsourcing may also be known as or be related to Outsourcing.