Exploring the keys to success in transactional relations and outsourcing partnerships. This is a three-part series about outsourcing strategies and success models, defined in original research by MIT’s Center for Information Systems Research and CIO magazine. 1. Simple Successful Outsourcing CIOs who outsource discrete processes that have well-defined business rules are almost always happy with the outcome. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Related Achieving Sustainable Value from Outsourcing 2. Working with Offshore Partners Requires CIO Oversight Co-sourcing, which draws on both the vendor’s specialized technical knowledge and the client’s deep business knowledge, succeeds only when both parties have strong capabilities and the relationship is set up so that those capabilities can mesh for the greater good. Related The Benefits and Risks of Business Transformation Outsourcing 3. Outsourcing Can Mean Big Deals, Big Savings and Big Problems Large-scale outsourcing deals promise big savings, but they fail half the time. Here’s how to make them work for you. Related Success and Failure in Outsourcing Outsourcing—and Backsourcing—at JPMorgan Chase Strategic Partnerships in the Mid-Market SEE ALSO ABC: An Introduction to Outsourcing An Ounce of Prevention: Guarding Against IT Outsourcing Failure 7 Tips for Secure Outsourcing Related content feature Mastercard preps for the post-quantum cybersecurity threat A cryptographically relevant quantum computer will put everyday online transactions at risk. Mastercard is preparing for such an eventuality — today. By Poornima Apte Sep 22, 2023 6 mins CIO 100 CIO 100 CIO 100 feature 9 famous analytics and AI disasters Insights from data and machine learning algorithms can be invaluable, but mistakes can cost you reputation, revenue, or even lives. These high-profile analytics and AI blunders illustrate what can go wrong. By Thor Olavsrud Sep 22, 2023 13 mins Technology Industry Generative AI Machine Learning feature Top 15 data management platforms available today Data management platforms (DMPs) help organizations collect and manage data from a wide array of sources — and are becoming increasingly important for customer-centric sales and marketing campaigns. By Peter Wayner Sep 22, 2023 10 mins Marketing Software Data Management opinion Four questions for a casino InfoSec director By Beth Kormanik Sep 21, 2023 3 mins Media and Entertainment Industry Events Security Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe