
Corporate information systems in construction
Author(s) -
С. В. Федорова
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/880/1/012077
Subject(s) - outsourcing , rationalization (economics) , profitability index , industrial organization , business , competition (biology) , corporate structure , information system , process management , marketing , economics , management , engineering , corporate governance , finance , ecology , electrical engineering , biology
Under continuous increasing competition, only companies that use the most optimal methods can survive and succeed. One of the most relevant and successful business models is outsourcing. It was developed by the Electronic Data System (EDS) Company in 1963. In the 1980s, the outsourcing became an effective way to optimize costs and increase profitability. In the 1990s, it was revealed that the outsourcing contributes to the rationalization of company structures and their activities focusing on the main subject and transferring peripheral, official functions to external specialists. The transition to the post-industrial economy contributed to the implementation of this method in data processing and company management systems.