Sourcing Monthly September 2018 – October 2018
Conclusion: This month, IT vendor acquisitions and partnerships have been prominent. The incentive for companies with disparate products and services to consolidate has increased, resulting in strategic arrangements aimed at expanding offerings and future company developments. However, this kind of consolidation can result in difficulties when separate entities make efforts to integrate. This type of integration requires an orderly transition and establishing a solid foundation for ongoing operations to maximise benefits associated with new resources. Detailed planning and execution is necessary to establish direct relationships and better understand the resources available, customer base and externals from both companies and allow for a more consistent fit between internal departments as well as a framework for practical and flexible implementation of plans.