| | November 20146CIOReview Editor-in-Chief Pradeep Shankar Editorial Staff Anitha Durgesh Prakash Thomson Antony Sr.Visualiser Ashok kumar Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.996.5126, F:510.894.8405 November 2014, volume 3-11 Published monthly by CIOReviewsubscription rate: $100 for 12 issues To subscribe to CIOReviewVisit www.cioreview.com Copyright © 2014 CIOReview, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewCIOReviewNOVEMBER - 2014CIOReview's circulation is audited and certified by BPA International (Audit Pending). There is a widespread transformation happening in the outsourcing market.In the intersection of Cloud, Mobile, Social and Information, digi-talization is creating new business models, business moments, and a complete new economy. In this Digital Economy, how organizations react to the seismic change will determine their success in the future. This will impact inter-nal processes of how products and services will be created and used. Whether it's web-scale IT, cloud computing, smart machines, 3-D printing, the Internet of Everything, or more, the ability to put these trends into context for investment decision makers is not easy for many. Learning how to respond and leverage some of these disruptive technologies is critical to organization's success in to-day's digital economy.Increasingly technology-aware executives that run modern businesses are placing demands on CIOs to embrace the new digital order. As a result, a new breed of CIOs-- that are open to adopting innovative, cloud-based technologies and integrating them with internal systems--is the requirement.However, the CIOs office--IT leaders, strategic planners, and enterprise ar-chitects struggle with getting ahead of technology disruptions impacting both business and IT today. The fact remains that CIOs need resources to tackle emerging technologies. However, resources are not always available or afford-able in local areas. Also, not all technology skills are equal in the current market. CIOs cite skill shortages in mobile applications development, big data, and social media technology.Given the shortage of skills, CIOs often turn to more agile IT Service provid-ers that can respond to the rapid, specialized requirements of clients, and that can scale solutions more quickly by exploiting the growing forces of cloud comput-ing and mobility. Simply put, the nature of IT sourcing is changing. Disruptive technologies are driving IT outsourcing spend to accelerate capabilities such as mobility and the cloud. While spending plans for most common functions such as software application development, ERP, datacenter outsourcing, maintenance and ongoing support of the applications are flat, there are pockets of spending that will continue to grow as technology evolves and skill availability remains scarce.No doubt, outsourcing is in the process of being reborn. Please do share your thoughts on how the dynamics of outsourcing is changing in your business en-vironment.Editor-in-Chief Pradeep Shankareditor@cioreview.comEditorialThe IT Outsourcing MetamorphosisMichael korsJohn WickMatthew JacobDerek James Joe PhilipSonia SacharSagaya Christuraj
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