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Dangers of outsourcing - DBS Bank downtime

 
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william



Joined: 09 Dec 2007
Posts: 28
PostPosted: Fri Jul 16, 2010 10:57 am    Post subject: Dangers of outsourcing - DBS Bank downtime Reply with quote
2002: IBM bags US$679m DBS Bank deal
http://www.zdnetasia.com/ibm-bags-us-679m-dbs-bank-deal-39097380.htm

2007: DBS to take back IT staff from IBM
http://www.asiaone.com/Digital/News/Story/A1Story20070519-4866.html

July 14 2010: IBM takes blame for massive bank system failure
http://www.networksasia.net/content/ibm-takes-blame-massive-bank-system-failure?utm_source=lyris&utm_medium=newsletter&utm_campaign=nwa_daily&section=eNews_breaking_news

Read the articles above. Do you think outsourcing has given more problems than benefits for DBS? How would you manage the situation if you are DBS's CIO?
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