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Five Key Steps Buyers Should Take to Optimize Services Contracts | Blog

Everest Group

In today’s competitive business landscape, maximizing value in outsourced services is crucial for buyers to achieve savings objectives and maintain a competitive edge.

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Need to Kill COLA in Services Contracts | Blog

Everest Group

Businesses relied on Cost-of-Living-Adjustment (COLA) clauses in contracts for many years. In allowing adjustments when costs went up, COLA clauses served companies well for quite a while in contracts for third-party services. I first saw it used in 1984. But that’s no longer the case.

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Integrating AI into Asset Performance Management: It’s all about the data

IBM Services

Increasing managed services contracts across the enterprise becomes a proactive measure, ensuring continuous support for evolving systems. Challenge 4: Build sustainment and resiliency The initial deployment of AI in APM isn’t the last stop on the road.

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Talking About a Services Procurement Revolution

Future of Sourcing

” This includes the many different forms of services procurement: temporary workers, outsourcing, insourcing, and services contracts. This shift in focus is compelling procurement teams to become experts in every aspect of services procurement. How will you consume the contract?

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What You Should Know About A Dedicated Team Model

Groove Technology

As a result, the dedicated team members could become highly skilled developers.

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Outsourcing Services Cost and Pricing: The Trends to Know to Focus on the Win | Webinar

Everest Group

CIOs, CTOs, CDOs IT executives, IT strategy leaders BPO department leaders GBS leaders managing IT and BPO outsourcing contracts Pricing leaders Solutioning leaders Pre-sales leaders Large pursuits leaders Finance Leaders Rahul Gehani Partner Akshay Mathur Vice President Abhishek Sharma Managing Partner Kunal Verma Vice President Register for the Webinar (..)

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IT Companies in Quandry as Clients Turn against COLA | In the News

Everest Group

With over $35 billion in software managed services contract value due for renewal in 2 years, IT firms may sweat over cost-of-living-adjustment clause. Prateek Gupta , Practice Director, Everest Group, says there was a decline in contracts with the COLA clause between 2018 and 2020 because of buyers’ pressure back then.