TriCore Solutions Introduces IT Services for the Divestiture Transition Process
Boston, MA – February 10, 2015 – TriCore Solutions, the application management experts, today announced a new set of IT advisory and managed services for companies transitioning IT infrastructure, applications and support to a divested unit. Transition Services Agreements (TSA), while a critical piece to the process, do not provide the guidance, design or roadmap needed for the efficient extraction and/or setup of new IT infrastructure and support for a divested organization.
TriCore partners with companies to help architect, design and develop a plan to establish a new infrastructure, then assists in the implementation and on-going support required to fully leverage an existing and/or new technology platform for the new entity. This allows the new organization to couple the momentum of the transition with the momentum of the transaction announcement ensuring a timely, smooth and cost effective transition project.
“When our company was spun off from a multi-national life sciences firm, we had less than a handful of IT resources assigned to the divested unit. Executing on our short term transition services agreement was an immediate challenge. TriCore was able to come right in, assess our needs, and execute immediately so we did not have to train a new staff who would have taken months to get up to speed. This saved us valuable time and allowed us to gain immediate efficiencies,” said William Berry, Director of Information Technology, from Cole Parmer.
TriCore helps organizations prepare for a successful transition by:
• Identifying and documenting the transition goals and timelines
• Executing due diligence requirements
• Developing an IT governance model
• Developing and designing a technology roadmap and architecture
• Implementing the designed architecture
• Staffing, supporting, integrating and continuously improving the IT Infrastructure
“Successfully planning and executing a technology divestiture is far more challenging than most executives expect. Divested organizations need more skilled IT resources immediately during the transition and a complete understanding of the current technologies, applications and solutions available to meet their short and long term requirements,” said Mark Clayman, President and COO, from TriCore Solutions. “TriCore can now offer a turn-key solution that helps the divested unit retain its value during the transition and create a platform for future growth.”
About TriCore Solutions
TriCore Solutions, the application management experts, provides a full suite of scalable and reliable managed application, cloud, infrastructure hosting, and consulting services to enterprise organizations. The company delivers its services and the TriCore Trusted Promise to more than 250 companies worldwide to reduce costs, raise service levels, improve customer experience, increase business agility, and accelerate innovation, unlocking the business value from their IT investments. TriCore Solutions is headquartered in Boston, MA, with offices in India and throughout North America. For more information, please visit http://www.tricoresolutions.com and @tricorenow on Twitter.