IT outsourcingÂ (as a part of an outsourcing definition)Â is the use of external service providers to effectively deliver IT-enabled business process, application service and infrastructure solutions for business outcomes.
Outsourcing, which also includes utility services, software as a service and cloud-enabled outsourcing, helps clients to develop the right sourcing strategies and vision, select the right IT service providers, structure the best possible contracts, and govern deals for sustainable win-win relationships with external providers.
Outsourcing can enable enterprises to reduce costs, accelerate time to market, and take advantage of external expertise, assets and/or intellectual property.
outsourcing is no longer just a cost-cutting tool. This evolution, the technological capabilities and specialization are factors that allow a wider vision of the service, where outsourcing is the driver to make evolve the management of processes and organizational models as well as productivity and quality of services provided by the customer is the distribution network as well as clients.
I.T.O. Ltd. – Information Technology Outsourcing -, a subsidiary of Corvallis Group, was founded in 2012 as a company specialized in providing outsourcing services with high skills for the insurance market.
Born from the desire of one of the primary groups of IT services at the national level, with a wealth of experience and expertise of the highest value, I.T.O. It is is the first independent insurance outsourcer that operates in the Italian insurance market.
An IT outsourcing strategy can require input from many departments, including operations, legal, supply chain and human resources. The responsibility for the outcome of an IT outsourcing strategy, however, usually lies with the organization’s chief information officer (CIO).
For many organizations, the goal of an IT outsourcing strategy is to provide the best possible technology to the organization at the lowest possible cost. What constitutes the best possible technology and lowest cost, however, tends to be fluid due to rapidly evolving technologies and market volatility.
Cost savings, however, is not the only aim of an IT outsourcing strategy. Some organizations looking for business transformation rely on outsourcing providers to help them through the process. Even on this front, IT outsourcing strategy is changing. Whereas in the past organizations often used one large IT service provider to handle the entire project, outsourcing strategists today recommend taking a multi-vendor approach.