» outsourcing deal http://www.outsourcingaid.com/blog Tue, 16 Mar 2010 11:31:33 +0000 http://wordpress.org/?v=2.9 en hourly 1 BP and IBM Strikes Outsourcing Deal for 5 Years http://www.outsourcingaid.com/blog/bp-and-ibm-strikes-outsourcing-deal-for-5-years/2009/08/ http://www.outsourcingaid.com/blog/bp-and-ibm-strikes-outsourcing-deal-for-5-years/2009/08/ #comments Thu, 27 Aug 2009 12:21:16 +0000 Jeannie Eden http://www.outsourcingaid.com/blog/?p=79 Yet Another Related Posts Plugin.]]> Outsourcing is the latest and the easiest solution for the troubles in any business of the 21st Century. Recently, it has been declared that the leading company IBM has signed an outsourcing deal with the British Petroleum for handling the oil company’s enterprise applications and integrated service desk operations. The contract has been signed for the next five years.

BP is said to distributing several of its contracts to the service providers. IBM will support BP by providing application development and application maintenance (ADAM) services.

Dana Deasy BP Group CIO said that “We see a significant opportunity to simplify and standardize BP’s work processes while leveraging IBM’s world class expertise in this area and their strong knowledge of the Oil and Gas industry.” It was also added that, “This contract will enable BP to reduce complexity, whilst lowering our overall cost base.”

SAP applications and enhancement of the clients websites is also included in this outsourcing services that IBM will provide to BP. Not all terms and conditions of the deal are revealed yet.

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]]> http://www.outsourcingaid.com/blog/bp-and-ibm-strikes-outsourcing-deal-for-5-years/2009/08/ /feed 2 Points To Remember For Making a Good Outsourcing Deal http://www.outsourcingaid.com/blog/points-to-remember-for-making-a-good-outsourcing-deal/2009/08/ http://www.outsourcingaid.com/blog/points-to-remember-for-making-a-good-outsourcing-deal/2009/08/ #comments Wed, 19 Aug 2009 06:14:34 +0000 Jeannie Eden http://www.outsourcingaid.com/blog/?p=56 Yet Another Related Posts Plugin.]]> Outsourcing is much in trends today specially in the IT industry but have you ever thought as to what would make a good outsourcing deal? No doubts that every buyer company has different goals and it is on the basis of these objectives that the outsourcing deal can be called good or bad. However, the best way to get a good outsourcing deal is by getting a properly negotiated contract or an agreement signed by the outsourcing company. The contract must be comprehensive and consist of all the crucial issues and terms and conditions.

There are number of points that you must bear in mind while going for outsourcing services. First and foremost is to make sure that you do not sign an agreement that possess very minimum amount of commitment. The outsourcing deal generally comprises of unnecessary commitments such as either minimum volume or revenue commitments. For having a good outsourcing deal, it is better to develop an agreement that is based on volume discounts.

Termination of convenience is a very important contract to sign as it has several advantages of its own. Therefore, make sure that you sign a termination of convenience clause in your contract. The major benefit of this is that you will be able to terminate the agreement even before it expires if you are not happy with the work or any other reasons. The best part of this clause is that you are not bound by giving any reason for the same as well. Hence, if the outsourcing company doesn’t suit you, you can easily terminate the contract without giving any excuse.

It is not necessary for an outsourcing agreement to be for a long term period. In fact, it is advisable to have agreements that are just for one or two years and if need be then can be extended by the buyers. The contract must possess a reference to intellectual property rights and it should make it very clear as to who has the ownership of the work done. For instance, if software is developed then who owns it should be clear to avoid any later fights.

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