HBITS (Hourly Based Information Technology Services)
HBITS is an abbreviation for Hourly Based Information Technology Services. It is a type of procurement system designed to provide companies with reliable and cost-effective access to a range of IT services such as software development, system implementation, network engineering, and computer support.
Under this system, the supplier agrees to provide the customers with highly qualified personnel for short-term projects, with their rates being calculated on an hourly basis. By utilizing HBITS, businesses are able to outsource their IT needs while still maintaining control of the project’s timeline and budget.