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 you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

What's Inside

Features

More Premium Content Accessible For Free

  • MPs give Post Office the cold shoulder
    CWE_161214_ezine_18p-MED.jpg
    E-Zine

    In this week's Computer Weekly we revisit sub-postmaster grievances with the Post Office's IT. Despite years of allegations that the Horizon ...

  • CEB 2015 IT Budget Benchmark Report
    CEB 2015 IT Budget Benchmark Report.jpg
    E-Handbook

    IT departments are set to increase their spending by 3.3%, the highest growth seen in five years, this research from the CEB reveals.

  • The most influential people in UK IT 2014
    CWE_091214_ezine_23p-MED.jpg
    E-Zine

    In this week's Computer Weekly, we unveil the 50 most influential people in UK IT for 2014, and interview the winner of our UKtech50 list, Unilever's...