ComputerWeekly.com
Premium Content

Access "Renegotiating outsourcing contracts to fit new reality"

Published: 03 Jan 2013

Downturn drives renegotiation Position of strength Haggling Change is good Organisations in many sectors seek to renew the terms in their contractual agreements as they adjust to the economic climate. IT outsourcing is going through a period of major change as the result of an economic downturn of extreme proportions alongside major advances in technology. Tight budgets amid recession and increased service options as a result of new technologies, such as the cloud, mean many IT outsourcing contracts are no longer fit for purpose or the best option available. For example, a bank might have signed a 10-year agreement to outsource its datacentres in 2006; since then, a lot has changed. The financial services crash of 2008 might mean the bank has fewer customers, processes a smaller number of transactions and has less money. At the same time, cloud computing has matured, meaning the bank does not require as much datacentre space and does not need to pay for equipment up front. Retail, manufacturing and travel sectors are all examples of sectors also hit hard by ... Access >>>

Access TechTarget
Premium Content for Free.

By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

What's Inside

Features

More Premium Content Accessible For Free

  • The state of email trust in 2014
    state-of-email-trust-2014-252.jpg
    E-Handbook

    Email security improved in 2014 but most companies still haven't done enough to protect their customers from phishing attacks, this study from Agari ...

  • Strategies for the age of digital disruption
    Digital Transformation Review-252.jpg
    E-Handbook

    Disruption can happen at any time, in any sector, and its effect on traditional organisations can be fundamental. Capgemini offers some strategic ...

  • Bridging the big data divide: Part two
    Bridging the IT business Part II-252.jpg
    E-Handbook

    As the big data era takes hold, it is time to sit down with the business and sort out what IT can do to provide a fully supportive data platform for ...