Outsourcing
Internet Week, 7/24/02: Hotel Company Outsources Critical Apps
Homestead Village Management LLC, an extended-stay hotel company, has chosen Corio Inc. to manage its human-resource and financial systems on an outsourced basis.
Corio will manage Homestead's application through the Corio Full Service delivery model, which includes infrastructure and application-management services for a fixed monthly fee.
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IT World, 7/9/02: Outsourcing to Yourself
Dan Blacharski
Mellon is a very large financial services institution focused primarily on asset management and corporate servicing. Within the organization, they have approximately twenty different lines of business. Since their growth model primarily depends on acquisition, the company's technological underpinnings could very easily get out of hand as disparate platforms, frameworks, and computer systems all attempt to deliver e-commerce services under the corporate umbrella. But Mellon's SVP in charge of e-commerce, Matt Thornton, is up to the challenge.
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IT Management
Infoworld, 7/15/02: Paradigm Drift
CIOs aren't taking many chances on startup technology. So is innovation dead?
By Eileen Colkin
Ken Bohlen thinks a lot differently about emerging technology today than he did two years ago.
Back then, the executive VP and chief innovation officer at multinational manufacturer Textron Inc. sat on venture-capital advisory boards in order to sniff out the hottest ideas emerging from technology startups. More than half of his speaking engagements were with private-equity investors or investment analysts looking for clues about the next big thing. Best of all, his employer encouraged such pursuits.
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EDS
The New York Times, 7/25/02: E.D.S. Says Profit Rose Despite WorldCom Ties
By AMY HARMON
Electronic Data Systems reported yesterday that earnings rose slightly in the second quarter even after it set aside $101 million to cover bills that may never be paid by WorldCom, which declared bankruptcy earlier this week.
E.D.S., the world's second-largest computer services company after I.B.M., said the adjustment for WorldCom reduced its second-quarter profit by 14 cents a share. In the third quarter, the company said it expected WorldCom's problems to pare its earnings by 8 or 9 cents a share, in part because other customers are demanding that E.D.S. establish an alternative phone network so that they are not entirely reliant on WorldCom, E.D.S.'s primary supplier of phone and data services.
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Microsoft
Infoworld, 7/24/02: Gates foreshadows .Net future
By Mark Jones
REDMOND, WASH. -- MICROSOFT chairman and chief software architect Bill Gates provided some insight into the future of the .Net product line Wednesday here at a .Net Briefing day on the company's campus.
In addition to announcing the availability of Release Candidate 1 (RC1) of .Net Server, Gates discussed a road map for .Net, including forthcoming products.
Describing the path to the future release of the next generation of Windows, code-named Longhorn, as a "long-term approach," Gates reiterated Microsoft's position that XML is the foundation of its software development efforts.
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