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Frequently Asked Questions

In addition to answering questions that have been asked, some definitions of commonly used industry terms have been included for your benefit.

  1. What does "Shared Services Model" mean?

What does "Shared Services Model" mean?
Here is a very detailed definition from HP:

IT Shared Services offer a collaborative operating model that accelerates business and IT alignment – while achieving operational efficiency, world-class cost structures and improved IT quality and responsiveness. In other words, IT acts as an internal service provider – one that essentially competes with the quality of service, cost and value that an external service provider might provide.

With IT Shared Services, common distributed IT functions are consolidated and delivered over a shared infrastructure to achieve critical mass and service the enterprise with lower costs, higher service levels and greater responsiveness. An IT Shared Service Center is established as a distinct organization to provide a set of shared services to select business groups via a customer/supplier model. Service is defined by the needs of internal customers and delivered based on a market standard of excellence.

 


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  Updated 2007 September 18
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