sugadante, thanks for the post.
CSC is a hardware and other IT related services supplier of AMP. They supply from mainframe computers, desktops, laptops, help desk service, cloud email service, information and system security services.
I can understand from what Craig Ryman of AMP (Chief information officer of the banking, insurance, financial planning and investment) said that CSC is not happy with the AMP's recent strategic decisions regarding to its operational and customer service changes because CSC's contracts are reduced and shortened while other IT related services created and they will be given to
"other suppliers".
Craig Ryman clearly says that AMP will still strategically partner with CSC in the "
new more service-based model" but "o
ther suppliers" will get the some important part of the contracts. Those "
other suppliers" are not the suppliers of the hardware but they are suppliers of the
IT related services which fit in AMP's new more service-based model.
Apparently new "
more service-based model" requires
less hardware in the company which means
less people will work on the desks of the company in the new more service-based model.
That means the "
other suppliers" will provide the services by using their own IT hardware on their own facilities. Hence less hardware and IT related services will be needed from CSC.
That means
AMP will outsource an important part of its service-based operations for reducing the costs.
That fits very well to Intiger Group's (SRT) business model.
(We can also expect to see a big job loss news from AMP soon
)
The part from above post by sugandante:
"The relationship between CSC and AMP will continue, Mr Ryman said, but the changing technology landscape and emergence of new fintech players meant its future arrangements would involve shorter contracts and multiple suppliers."
"We have seen companies change pretty rapidly over short periods of time, and need to see if they are keeping pace with the market … CSC is one of our biggest suppliers and over the last few years we have brought more providers into the space they particularly controlled in AMP," he said.
"We will strategically partner with them in this more service-based model. For me CSC aren't having a reduced role, it is a changed role, and it is a role that says we are going to leverage their next generation services
Thats the best thing of read for a while....
(20min delay)