Technology and Business Process Evolution Sample Clauses
The Technology and Business Process Evolution clause allows for the adaptation and updating of technologies and business processes used under an agreement as advancements occur. This clause typically permits either party to propose changes to systems, software, or workflows to improve efficiency, maintain compatibility, or comply with industry standards, often subject to mutual agreement or specified approval procedures. Its core function is to ensure that the contractual relationship remains relevant and effective over time, addressing the risk of technological obsolescence and enabling both parties to benefit from innovation.
Technology and Business Process Evolution. In providing the Services, Provider shall employ technologies and business process strategies that are flexible enough to allow integration with new technologies or business processes, or significant changes in Idearc’s business objectives and strategies. Without limiting the generality of the foregoing, Provider shall ensure that Equipment will have sufficient scalability and be sufficiently modular to allow integration of new technologies without the need to replace whole, or significant parts of, systems or business processes so that Idearc’s business will become increasingly scalable and flexible throughout the Term.
Technology and Business Process Evolution. (a) Obligation to Evolve. Supplier shall identify and propose the implementation of Technology and Business Process Evolutions that are likely to: (i) improve the efficiency and effectiveness of the Services (including cost savings); (ii) improve the efficiency and effectiveness of the Services and functions performed by or for the Eligible Recipients at or from Ascension Health facilities; (iii) result in cost savings or revenue increases to the Eligible Recipients in areas of their business outside the Services; (iv) enhance the ability of the Eligible Recipients to conduct their businesses and serve their customers; and (v) achieve the objectives of the Eligible Recipients faster and/or more efficiently. (b)
Technology and Business Process Evolution