Keeping up in an Ever Extending Vendor Universe

Author: Tolga Yilmaz As companies evolve and their exponentially expanding requirements need to be satisfied, third parties and vendors come more and more into play. The reasons for this are justified, more than ever… as more companies become reliant on Information Technologies and Professional Services, they need to procure the best products, which requires in some instances deep knowledge of certain subjects. In some instances, some organizations have begun to outsource complete units as they primarily do not align with their subject matter expertise, and…

Asset Management – The Primary Asset

40 trillion Euros by 2030 – that’s the experts’ best guess on the investments globally needed just to expand the infrastructure sufficiently to keep up with the expected rate of economic growth. This number equals a 4 followed by 13 zeroes and is only slightly less than ten times the 2015 GDPs of Austria, Germany and Switzerland combined. According to a recent survey among 100 German top managers of companies concerned with the operation and maintenance of public infrastructure such as power grids, railways and…

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