Technology sourcing and purchasing are constantly evolving functions that impact all aspects of an organization. The pressure to keep technology current, along with rapidly changing trends, forces IT professionals to be prepared for anything the future of IT might bring.
A recent Forrester report, "The Top 10 Technology Trends Enterprise Architects Should Watch: 2012 To 2014," predicted that business intelligence, mobile applications, application platforms, cloud computing and data governance are the top areas where we can expect to see high levels of growth and development. Most IT sourcing professionals would not be surprised by these predictions, but many may not yet be experts on these new trending technologies.
To make matters worse for buyers, inconsistent pricing, new vendors, and uncertainty go hand-in-hand with new technology. If organizations are to make the best financial decisions when purchasing new IT, they must consider these three things:
Pricing must be transparent
IT buyers are often at a disadvantage when purchasing new technologies because there isn't a fair market price list available. Vendors know this and will frequently charge clients different prices for the same purchase. Take back the upper hand by consulting with a third-party pricing expert that can provide you with the benchmarking data you need to make a smart buy.
You need to know your vendors
Understanding new technology is a complicated thing. The myriad of available vendors offering to provide you with these new products can be even more daunting if you are unfamiliar with the vendors and their track records. A thrid-party expert can reduce your risk and help you make better IT purchasing decisions because they have the vendor-specific knowledge and experience to guide you.
Keep it simple
IT sourcing and purchasing is an extremely demanding job that continues to become more complex with the arrival of every new technological advance. New vendors, varying price models and contract intricacies are just a few of the many factors that IT buyers have to contend with in the changing IT marketplace. Third-party vendor contracting experts can guide you through unchartered territory and take some of the uncertainty out of the buying process. This will enable you to make decisions faster and with less risk, allowing your business to benefit more from new technology.
A recent Forrester report, "The Top 10 Technology Trends Enterprise Architects Should Watch: 2012 To 2014," predicted that business intelligence, mobile applications, application platforms, cloud computing and data governance are the top areas where we can expect to see high levels of growth and development. Most IT sourcing professionals would not be surprised by these predictions, but many may not yet be experts on these new trending technologies.
To make matters worse for buyers, inconsistent pricing, new vendors, and uncertainty go hand-in-hand with new technology. If organizations are to make the best financial decisions when purchasing new IT, they must consider these three things:
Pricing must be transparent
IT buyers are often at a disadvantage when purchasing new technologies because there isn't a fair market price list available. Vendors know this and will frequently charge clients different prices for the same purchase. Take back the upper hand by consulting with a third-party pricing expert that can provide you with the benchmarking data you need to make a smart buy.
You need to know your vendors
Understanding new technology is a complicated thing. The myriad of available vendors offering to provide you with these new products can be even more daunting if you are unfamiliar with the vendors and their track records. A thrid-party expert can reduce your risk and help you make better IT purchasing decisions because they have the vendor-specific knowledge and experience to guide you.
Keep it simple
IT sourcing and purchasing is an extremely demanding job that continues to become more complex with the arrival of every new technological advance. New vendors, varying price models and contract intricacies are just a few of the many factors that IT buyers have to contend with in the changing IT marketplace. Third-party vendor contracting experts can guide you through unchartered territory and take some of the uncertainty out of the buying process. This will enable you to make decisions faster and with less risk, allowing your business to benefit more from new technology.
About the Author:
Joseph B. Kappernick specializes in helping Fortune 500 companies save money. He recommends that you visit NPI to learn more about it cost reduction service consulting
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