Takeaways from the 2017 Gartner Sourcing Summit


Last week, CAST attended the Gartner Sourcing Summit in Nashville with more than 800 senior sourcing, procurement and vendor management executives from Fortune 500 companies.

Check out our top takeaways from the show:

CAST_Gartner Sourcing Summit

  • Sourcing is at cross roads, having to react to massive changes and uncertainties brought about by new digital business initiatives, technology changes (Artificial Intelligence, IoT, Blockchain), new commercial models (Cloud, SaaS) and de-globalization (H1B visas, Brexit)
  • Bi-modal sourcing is becoming the new norm. There is no one solution that supports bi-modal sourcing. Use automation to support and reduce administration for mode 1 (traditional) to enable focus on mode 2 (Agile, DevOps)
  • AI will have a massive impact – cognitive procurement advisors and virtual procurement assistants are right around the corner 
  • 64% of sourcing and vendor managers expect the majority of application development services to be replaced with automation by 2018
  • More organizations are thinking of business outcomes in contracting. This will take 8 – 14 months if doing for the first time but very much achievable and beneficial
  • Lack of well documented baseline, absence of change mechanisms and misalignment of expectations have been the reason for more than 50% of outsourcing agreements being renegotiated pre-term
  • Considerable benefits observed for having strategic vendors go through a formal vendor performance management program

For sourcing professionals looking to get the truth about the software being outsourced, discover how CAST provides meaningful insights that support confident decision making and vendor management strategies.

  This report describes the effects of different industrial factors on  structural quality. Structural quality differed across technologies with COBOL  applications generally having the lowest densities of critical weaknesses,  while JAVA-EE had the highest densities. While structural quality differed  slightly across industry segments, there was almost no effect from whether the  application was in- or outsourced, or whether it was produced on- or off-shore.  Large variations in the densities in critical weaknesses across applications  suggested the major factors in structural quality are more related to  conditions specific to each application. CRASH Report 2020: CAST Research on  the Structural Condition of Critical Applications Report
Open source is part of almost every software capability we use today. At the  very least libraries, frameworks or databases that get used in mission critical  IT systems. In some cases entire systems being build on top of open source  foundations. Since we have been benchmarking IT software for years, we thought  we would set our sights on some of the most commonly used open source software  (OSS) projects. Software Intelligence Report <> Papers
Making sense of cloud transitions for financial and telecoms firms Cloud  migration 2.0: shifting priorities for application modernization in 2019  Research Report
Britney Schaeffer
Britney Schaeffer Director of Marketing Communications
As Director of Marketing Communications for CAST, Britney leads the company's efforts in evangelizing Software Intelligence and communicating the value it brings to multiple stakeholders. Previously, Britney worked in PR for a variety of leading technology companies, including SAP, IPsoft, Viant and others.
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