Vendor Briefings and Technology and Business Process Audit Sample Clauses

Vendor Briefings and Technology and Business Process Audit. As part of the Services, Vendor shall routinely and regularly monitor and analyze Technology and Business Process Evolutions of possible interest or applicability to the PBC and the City. At least semi-annually, Vendor shall meet with the PBC to formally brief the PBC regarding such Technology and Business Process Evolutions. Such briefing shall include Vendor’s assessment of the business impact, performance improvements and cost savings associated with such Technology and Business Process Evolutions. “Technology and Business Process Evolution” means any improvement, upgrade, addition, modification, replacement, or enhancement to the Standards, policies, practices, processes, procedures, methods, controls, scripts, product information, technologies, architectures, standards, applications, Goods, Software, systems, products, transport systems, interfaces and personnel skills associated with the performance of information technology used in connection with systems like the System or User Projects or used to provide services like the Services and related functions in line with best practices of leading providers of such services and the standards and practices applicable to municipalities such as the City. Technology and Business Process Evolution includes: (i) higher capacity, further scaling and commercializing of business processes, more efficient and scalable business processes, new versions and types of applications and systems/network software, new business or IT processes, and new types of Hardware and communications goods that will enable Vendor to perform the Maintenance Services more efficiently and effectively as well as enable the City and the PBC to meet and support their business requirements and strategies and (ii) any change to the Goods, Software or methodologies used to provide the Maintenance Services that is necessary to bring that function, Goods or Software or those methodologies into line with current industry standards.
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