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IT Companies in Quandry as Clients Turn against COLA | In the News

Everest Group

With over $35 billion in software managed services contract value due for renewal in 2 years, IT firms may sweat over cost-of-living-adjustment clause. Prateek Gupta , Practice Director, Everest Group, says there was a decline in contracts with the COLA clause between 2018 and 2020 because of buyers’ pressure back then.

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CMMSs help medical facilities thrive in the face of labor shortages

IBM Business Partners

The shortage of these essential healthcare workers is having a significant impact on the industry, leaving its mark on everything from patient care to operational costs. And without sufficient BMETs, hospitals may need to rely on outside service contracts for maintenance and repair, which can be prohibitively expensive.