In the wake of the confirmed AU$18.6 billion merger between Westpac and St George Bank, observers have forecast that the IT hangover from the deal could take at least three years to wear off, but in the process the merged banking entity will become one of the largest IT shops in Australia.
St George has been leaning on suppliers and re-evaluating its technology projects as it attempts to cut costs.
St George Bank has renewed its five-year, AU$100 million contract with Optus for its communications services including voice, data and mobile.
St George Bank's top tech executive has warned against blaming the IT department for inadequate return on a project when the performance of the organisation as a whole should be evaluated.
ING Australia has selected David Connaughton, a former IBM business process specialist, as its head of strategy and project management.
The question on the lips of most CIOs is no longer whether to send work offshore. It's a question of how much to send.
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Will Suncorp chief information officer Jeff Smith stick around if the bank's rapid decline in value due to the credit crisis lead to a fire sale of several of its key divisions?
Oracle will acquire Siebel Systems for US$5.8 billion. The long-predicted buyout will have interesting ramifications on the Australian market.
Wondering how to tackle that daunting integration project? Take a look at how other enterprises have dealt with the issues.
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