Email Alerts
-
reshoring
Reshoring is the practice of bringing outsourced personnel and services back to the location from which they were originally offshored. Definition
-
great recession (Great Recession)
Great recession is a label used by journalists and economists to describe a severe, prolonged economic downturn. Definition
-
shared services
Shared services is the consolidation of business operations that are used by multiple parts of the same organization. Definition
-
IT outsourcing strategy
An IT outsourcing strategy is a plan derived from assessing which IT functions are better performed by an IT outsourcing service provider than by an organization's internal IT department. Definition
-
cloud bursting
Cloud bursting is an application deployment model in which an application runs in a private cloud or data center and bursts into a public cloud when the demand for computing capacity spikes. Definition
-
corporate social responsibility (CSR)
Corporate social responsibility is an umbrella term used to describe voluntary corporate initiatives concerned with community development, the environment and human rights. Definition
-
skunkworks (Skunk Works)
A skunkworks is a group of people who, in order to achieve unusual results, work on a project in a way that is outside the usual rules. Definition
-
ROI (return on investment)
For a given use of money in an enterprise, the ROI (return on investment) is how much profit or cost saving is realized. Definition