The outsourcing venture Southwest One, between IBM and Somerset council, has achieved savings of £16.2million. However the target savings of £192 million are far off, despite the venture now being halfway through the 10 year project, which ends in 2017.
Recommendations from accountants saw Somerset council place the venture under review, which resulted in legal writs being issued by the two parties against one another, hindering the review and shifting the ventures focus.
Having only achieved 10 percent of planned savings halfway through the venture, Southwest One has been quite in releasing information on how it would achieve the gap in savings targets.