This document discusses outsourcing and offshoring of information systems and IT functions. It outlines the main reasons for outsourcing as saving money, focusing on core competencies, gaining access to better facilities, and freeing up internal resources. Key factors in vendor selection include commitment, price, reputation, cultural match, and flexibility. The top 10 areas for outsourcing include maintenance, training, application development, and various IT services. Offshoring involves relocating processes overseas for lower costs, such as services offshoring to India. Contact centers are discussed as centralized hubs for various communications that require skilled staff and complex systems.