Business Utility: Converging on the Future

We are entering the era of the business utility.

This newly emerging business model involves competitors joining together to collaborate by outsourcing similar core operations to a single independent service provider.

But it’s far more powerful than outsourcing: business utility involves the end-to-end delivery of complete business functions — including the people, equipment, supporting infrastructure and facilities required to operate business processes and business applications.

The benefits? Costs — both operational and capital — are driven out. Risk is reduced. Operations are optimized and scaled for widespread implementation. Business performance improves.

What’s more, business utility gives participating organizations the critical mass to influence the future direction of their industries.

For more information on how business utilities can work for financial services firms, download Converging on the Future (PDF 2.19 MB).