The outsourcing ownership of a business seems to have more advantages and disadvantages. Based on the examples described above, outsourcing only increases the overall efficiency of each company by focusing on the different sectors of the business. In the end, save a lot of money that will always work on behalf of each company. Big Blue entered into contracts worth approximately US$500 million over five years, including contracts to support applications in GM`s service and parts business and its manufacturing quality assurance systems. IBM will also help GM better integrate its existing IT infrastructure. Outsourcing is all the anger right now. There has never been a better time to relocate work to other agencies, to save money and/or time on projects that give your business a boost. So what are some examples of outsourcing for you to fully understand the magnitude of the trend? The second example concerns a three-year ATM outsourcing agreement between NCR Corporation and Co-op Financial Services. Under the agreement, members of the Co-op credit union are able to pay ATMs rather than buy new ones that reduce capital expenditures. Bill Allen, marketing director of NCR, quotes: “THE rental of ATMs is much more attractive to some financial institutions because leasing contracts are not considered to be capital charges on the books.” Co-op ATM Managed Services, a unit of Co-op Financial Services, manages ATMs leased by credit union members. NCR repairs ATMs when they are interrupted by the maintenance of the first and second rows. (Baker – Laws, 2010) The second objective of the OPL was to improve efficiency. IBM is the world`s largest IT company with sales of nearly $100 billion .
When companies relocate to IBM, they gain top-notch technology, excellent consultants and some of the best systems architects can buy. Malinowski, M. (2009, December 7). Grupo Gigante taps IBM for $16 million outsourcing contract. Viewed by bnamericas: www.bnamericas.com/en/news/technology/Grupo_Gigante_taps_IBM_for_US-16mn_outsourcing_contract “EDS remains a major player in GM and we look forward to continuing our 21-year relationship,” said Mike Jordan, President and CEO of EDS.