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IT SOURCING - Coggle Diagram
IT SOURCING
Phenomenon
1) Core competence logic
-Trifecta (Digitization, software infusion, ubiquitous connectivity) made IT inseparable from firm's offerings
-IT increasingly defines medtronic pacemakers, progressive insurance, and Netflix streaming
-Often turned out to be a one-way street
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3) Decisions about whether, how and where to outsource what IT
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Why outsource?
-Allows to focus on core services
-Gives access to high value talent or skill
-Gives ability to cut cost
-Improves service quality
-Gives access to technology