Businesses have been outsourcing information technology (IT) activities since the early. 1950s (Costa, 2001; Due, 1992; Klepper and Jones, 1998). However, outsourcing has grown tremendously since Kodak outsourced its IT in 1989. Early outsourcing arrangements were motivated primarily by operational cost saving
vendor may be beneficial and cost-effective, proper security management processes and procedures must be in place to protect sensitive data and customer privacy in outsourced. IT projects or service. Data owners need to monitor and review all access rights granted to outsourcing vendors so as to protect key data at all
achieve_success.pdf). For example, an outsourc- ing partner should be inter- ested in collaborative man- agement of the project and continuous executive involvement—not a command and control structure that excludes the customer with limited access to top management of the vendor. However, remain aware of cultural
The marketplace for IT outsourcing is changing rapidly, and the long-term strategies developed even just a few years ago may now be obsolete. Globalization is evolving, with new, viable locations emerging and upending the classic India-centric onshore-offshore model. Proximity is increasingly becoming a factor in
8 Feb 2018 Full-text (PDF) | Information Technology Outsourcing Risks.
THE BENEFITS OF OUTSOURCING. 13. Improvements that cannot be achieved by average IT units. 13. Improved business processes. 14. Better cost management controls. 14. Quality of service. 15. Keeps pace with the competition. 16. Core competency focus. 16. A valid way of achieving cultural change. 16. Access to
But before you bring in third parties to run parts of your business, it is worth pausing to consider the risks. Some outsourcing deals fail dramatically and publicly. Rather more are quietly set aside as one (or both) parties look for an exit and an even larger number limp on, failing to deliver quite the benefits that were expected.
The purpose of the Information Technology (IT). Outsourcing Global Technology Audit Guide is to help chief audit executives (CAEs) and their audit teams determine the extent of internal auditor involvement when. IT is partly or fully outsourced in their entities. This guide provides information on the types of IT outsourcing

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February 2018