IT SERVICE LEVEL AGREEMENT (SLA) FROM MIRAT
WHAT IS SLA?
As defined by ITIL, IT Service Level Agreement is an agreement between an IT Service Provider and Customer. A single SLA is useful for number IT services or a number of customers. For example, if you are using an ATM card of a certain bank, there is an agreement between you and bank that when you make a transaction in ATM the maximum transaction time is 10 seconds. If it exceeds, it shows the transaction is declined. Of course, you might have similar kind of experience while using websites for online transactions like booking train tickets or banking transactions. The website shows time is expired after the certain period as per the SLA between vendor and you. SLA may take place either within the organization or between the organization and customers.