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The last days of an outsourcing contract are the perfect time for customers to bargain with their IT service providers for better service and prices.

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Innovate or die

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Innovate or perish. There are few businesspeople today who haven’t heard this simple but powerful aphorism. For years immemorial strategic thinking has said that, as time goes by, points for differentiation inevitably end up looking somewhat mediocre.

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When it comes to small businesses, outsourcing can make perfect business sense.

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With the business process outsourcing (BPO) sector continuing to show its resilience in the face of the global economic crisis, Megaworld Corp. is making sure that outsourcing and offshoring (O&O) firms will have available top caliber sites for their expansion by completing six new high-tech buildings at the McKinley Hill Cyberpark in the Bonifacio Global City within the year.

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The IT-services contract signing activity in August ’09 was dominated by one company: British Petroleum. Away from the BP deals, and signing activity in the outsourcing market continued to be driven by U.S. federal government agencies.

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The cost of developing an IT infrastructure in a small/medium business can be an intimidating thought indeed. It is often a huge outlay of resources, not to mention the time involved in developing and implementing an IT strategy.

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Unlocking IT value is the Holy Grail for many CIOs and executives concerned about the vast sums of money spent on IT. However, when asked, many executives have great difficulty in defining what they mean by value. No wonder it is so elusive!

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When outsourcing a software development project or establishing a relation with an IT outsourcing service provider, it is extremely important to make the right contract.

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Outsourcing may have a poor public perception, but companies would press ahead with outsourcing decisions despite this, reveals the survey.

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Outsourcing has become a solid strategy for organizations looking to improve productivity and reduce costs. Today, companies are no longer asking “should we do this?” but rather, “what region makes the most sense?”

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