Pace Harmon to CIOs and Enterprise IT Leaders: Get Cloud Ready and Protect IP in Outsourcing Contracts
Vienna, VA (PRWEB) January 12, 2016 -- Pace Harmon, a leading business transformation and outsourcing advisory firm, today shared key cloud and outsourcing intellectual property recommendations for CIOs from a recent BusinesScapes speaking series. In a keynote titled, “Conquering Complexity: Driving Business Value in the New Digital Ecosystem,” Pace Harmon Managing Director Steven Kirz advised enterprise IT leaders to establish strategic migration plans for moving legacy applications to cloud-ready platforms and to re-evaluate the intellectual property licensing in their outsourcing contracts.
“Over the next five years we expect to see a dramatic reduction in infrastructure and application maintenance costs along with an equally significant reduction in the availability of traditional data center outsourcing services,” said Kirz. “CIOs must prepare for this market shift and determine how best to reinvest those savings and ensure that their legacy infrastructure needs can be supported by cloud-based platforms.”
Kirz also raised the issue of intellectual property risks as outsourcing providers seek new sources of revenue through the intellectual property used within the applications they developed for clients.
“To help guard against intellectual property being used as an outsourcing provider’s source of revenue, CIOs need to ensure their contracts include complete rights to all outsourcer-delivered work products.”
BusinesScapes, hosted by Tech Mahindra, is a global platform that provides the opportunity to engage with leading industry practitioners, interact with peers and share experiences.
About Pace Harmon
Pace Harmon is a business transformation and outsourcing advisory services firm providing guidance on complex transactions, process and operational optimization, and provider governance. Founded in 2003 and headquartered in Tysons Corner, Va. with offices in Chicago and San Francisco, Pace Harmon provides pragmatic and insightful advice that helps its client base of Fortune 500 and other large enterprises maximize the benefits achieved from their mission-critical supplier relationships. For more information, please visit http://www.paceharmon.com.
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Meggan Manson, Young & Associates, +1 301-371-6995, [email protected]
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