How To Make Smart Purchases In Today's Complex IT Market

By Joseph B. Kappernick


In today's ever changing world of enterprise technology, IT sourcing professionals are often held responsible for making sure their organization makes wise decisions about new technology investments. Every year brings new IT trends and changes in the ways the products are sourced, forcing IT professionals to cross into unknown territory without a map.

So, what types of technologies are trending now? According to a Forrester report entitled, "The Top 10 Technology Trends Enterprise Architects Should Watch: 2012 To 2014," business intelligence, mobile applications, and application platforms are the top three. Also high on the list are cloud computing, application integration and data governance. IT professionals need to be aware of these trends and figure out which ones they will implement and how.

New technology also brings new challenges and new players, which complicates things even more for IT buyers. However, it is possible for companies to make smart purchasing choices if they remember the following:

Pricing must be transparent

Many IT buyers simply don't have the benchmarking data available to know if they are paying a fair price for new technology. Luckily, third-party pricing experts are ready to provide this data so that you don't overpay for your next big IT purchase.

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.

Avoid complexity

IT buyers face new challenges every day as technology evolves and the marketplace becomes more complicated and uncertain. But, it is not necessary for them to struggle through all these complexities alone. Acquiring outside benchmarking and vendor-specific contracting expertise will enable companies to make confident IT decisions with much less financial risk. They will provide the data and guidance to choose the right vendor and avoid paying too much.




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