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While shared services centers are a valuable source of employment and income, they are also a source of less tangible but equally important benefits which includes the transfer of important skills and competencies to local knowledge workers as well as exposure to international best practices and standards.

The nine finalist startup companies will meet with IBM and the venture capital community from Jan. 31 to Feb. 2 in San Francisco to vie to be named the IBM Global Entrepreneur of the Year. The finalists, with solutions designed to solve problems facing cities, were selected from nearly a thousand startup companies that applied to IBM startup events in 2011.

By tightly weaving together business insights, and industry-leading software portfolio, world-class technology research and operations expertise, IBM is redefining what it means to design, deploy and deliver IT services on a global scale. As a result, IBM Global Services clients achieve faster return on investment while freeing up resources to focus on innovative projects.

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