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1996 Editor's Choice Award Most Important Deal
Publish Date: May 1997
For more information... Copyright © 1997 - Everest Partners, L.P.
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The JP Morgan deal gets this award for a number of reasons: for being the first collaborative teaming arrangement, so prestigious, it was worthy of naming "Pinnacle Alliance" in which CSC, Bell Labs, AT&T Solutions, Andersen Consulting, and Bell Atlantic Integration Systems all participated; for the fact that it's worth $2 billion, which alone merits attention; for showing how critical outsourcing is to the investment banking community; and lastly for the general consensus among the outsourcing community that this had the most far reaching implications of proving outsourcing is truly a competitive advantage.
