The Commonwealth Bank of Australia is selling its 35 percent stake in Electronic Data Systems' (EDS) Australian operation back to its outsourcing partner.
Outsourcing heavyweight Electronic Data Systems today confirmed an internal investigation was underway into staff at a Commonwealth Bank Sydney data centre amid allegations of software piracy and misbehaviour.
Commonwealth Bank automatic teller machines have struck transaction problems in what could be an embarrassing blunder by outsourcer Electronic Data Services.
EDS has won a AU$573 million extension on its mainframe and midrange services contract with the Commonwealth Bank (CBA) as the institution moves to recast its supplier relationships once a decade-long Big Bang outsourcing deal between the two expires.
The Commonwealth Bank plans to end a silo-based approach to IT that has seen the financial services giant's businesses act as up to six different customers when procuring products and services, chief executive Ralph Norris said.
If there's one jurisdiction that can claim to have learned from harsh experience in outsourcing, it's South Australia. Here's hoping others are paying close attention to how it applies those lessons.
ANZ CIO Peter Dalton thinks the bank may have an answer to improve retention of key IT staff -- send them to other companies.
ZDNet Australia meets with Michael Harte, CIO of the Commonwealth Bank to find out his views on security and sourcing (both out- and open-).
The bank's IT head tells of his challenges with ex- CEO and technology opponent, David Murray.
Oracle will acquire Siebel Systems for US$5.8 billion. The long-predicted buyout will have interesting ramifications on the Australian market.
The latest Oracle ruling is just another indication that consolidation, mergers and acquisitions are part and parcel of the business landscape. The underlying issue for customers is this: who controls the destiny of their software?
Oracle Australia's director of consulting, Ray Whitfield, is calling for a greater focus on project planning in order to convey more realistic expectations regarding IT roll-outs.
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