Story Tag: carve out
Why carve-out is a success factor in separation of IT systems? avendata.com
https://jupiterlist.com/story/why-carve-out-is-a-success-factor-in-separation-of-it-systems/
The economy is witnessing one of its toughest times. Due to the pandemic, many companies are taking drastic steps. Many companies, for whom IT is not a core operation, are opting to carve-out their IT units.
Companies are keen to sell or spin-off their IT units. They want to concentrate on their core business. Others are divesting individual subsidiaries from the central IT system. Carve-out has become a common business practice.
Roadmap For Successful Carve-Out Projects avendata.com
https://jupiterlist.com/story/roadmap-for-successful-carve-out-projects/
Mergers and acquisitions (M&A) are seen as a key factor to growth in business. It seeks to acquire companies that offer the same products, goods, or services. One more process is used. The M&A is done by purchasing a divestiture of a unit or division from the selling company is acquired.
This process is called carve out. It is a partial divestiture of a business unit, subsidiary, or division. It is a complex strategy where the parent company retains equity and shares in the profits of the divested unit.
IT Carve-outs – Challenges & Success Factors avendata.com
https://jupiterlist.com/story/it-carve-outs-challenges-success-factors/
When carving out corporate units, the focus lies not only on restructuring existing system landscapes, but also on data – as IT forms the backbone of almost all business activities. Decision-makers ask themselves which data must, can and may be migrated – and which historical data should be archived.
During project planning and implementation, there are quite a few guidelines to follow. It is essential to take the guidelines into account when selecting data and migrating the same, to keep regular business operations hassle-free while remaining compliant with regulations. Obviously, there is a huge risk of penalties.