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ining to make cost cutting the primary agenda item for a large majority (78%) of panies ?Growth is emerging as an important issue as economic recovery has been postponed (and may be slow to return). ?IT continues to be an important lever in achieving the cost saving objective for most panies in two very different ways ? IT is being tasked to enable business process efficiency ? IT spending is also a source of savings as budgets for all functions are being trimmed. ?In general, IT budget pressure is in line with the overall business, however 30% of respondents indicate that IT spending has been cut more than other functions while 10% state that IT has been protected from cuts Source: 2023 SO Market Insights study of 300 senior executives, Mercer Management Consulting Companies are taking actions to improve their bottom line rather than waiting for “the recovery” to solve problems In a weak global economy, panies face uncertainty about their economic and strategic future 3 IBM Global Services Strategic Outsourcing 169。 2023 IBM Corporation IBM Strategic Outsourcing Substantial market growth over last five years。 2023 IBM Corporation IBM Strategic Outsourcing B u s i n e s s F o c u sIT F o c u sF i n a n c i a lC r i t i c a l o p e r a t i o n a l t o o lS t r a t e g i c S o u r c e o f c o m p e t i t i v e a d v a n t a g eH o w t o r e s p o n d t o t h e n e e d s o f t h e b u s i n e s sH o w t o p r o a c t i v e l y b r i n g t e c h n o l o g y s o l u t i o n s a s t h e b u s i n e s sH o w t o e a r n a r e t u r n o n t h i s t e c h n o l o g y i n v e s t m e n tT e c h n i c a lC o r e s y s t e mC o n s t r a i n t~ 1 0 %N e c e s s a r y e v i lS u p p o r t~ 2 5 %B u s i n e s s l e v e r a g eE n a b l e r~ 5 5 %P r o c e s s e f f i c i e n c yS t r a t e g i c~ 1 0 %D i f f e r e n t i a t eR e l i a n c