In recent years, the pace of technology and business change has rapidly increased, requiring new commercial models and changes to the existing models. Companies – all companies, not just technology companies – must now regularly update technology across their entire organizations and customer-facing services and products.
Successful technology projects boost revenues, distinguish a company and its offerings from the competition, and transform and improve a company’s relationships with its customers. Failure, on the other hand, can have a profound impact on product development, customer service and market reputation for years to come. Consequently, planning for technology innovation and deployment projects requires careful mapping of strategic objectives, deliverables, and realistic work-around options.
Laurence Jacobs and Nicholas Smith, partners at Milbank, Tweed, Hadley & McCloy, have identified a variety of transaction structures that companies can use to develop new technologies and to leverage existing infrastructure, technologies, and customer bases. They have also focused on the relative strengths and weaknesses of these models in fostering technology innovation and best practices when designing and managing a project to develop and deploy technology or technology services.
IT hiring in 2016 is expected to continue to be a relatively fierce market, favoring employees looking for new positions. ... More >>
Budgets and headcounts are expected to remain relatively flat going into 2016, while business expectations and demands are only increasing. ... More >>
IT leaders and business executives are beginning to focus their eyes on new IT initiatives, including so-called "smart" technologies, as well as efforts to better integrate previous IT investments into the business. ... More >>