This 30-minute panel discussion explores the latest market trends and the significance of benchmark data in IT sourcing strategy. Industry experts delve into emerging technologies' impact on contract requirements, the shift towards cloud-based services, and the influence of a post-pandemic world on IT contract management. The panel emphasizes the importance of data-driven practices and showcases how benchmark data optimizes contract terms, pricing, and negotiations. Attendees gain insights into leading practices, striking a balance between flexibility and security in the ever-changing technology landscape, and driving efficiency and competitiveness in IT sourcing strategy.