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Stop Wasting Time Evaluating Commoditized Products and Services

Exponential IT will drive all organizations toward simplified procurement processes for commodity products and services.

  • IT leaders spend an inordinate amount of time and resources evaluating and procuring technology solutions that have become, or are rapidly becoming, commodities.
  • The time wasted comparing features and functionality in commoditized markets can be measured in person-years in many organizations.
  • Many IT leaders and procurement processes haven’t yet adapted to hyperchange (the law of accelerating returns) and rapid commoditization when evaluating technology markets.


Our Advice

Critical Insight

  • Quickly identify where a technology market is in the race to commoditization.
  • Change your procurement process – from product identification and evaluation to selection and purchasing.
  • It will be necessary to work closely with procurement and finance to adapt processes to a changing technology market.


Impact and Result

  • Leverage proven methodologies to reduce the selection and purchasing lifecycle from months or years to days or weeks.
  • Using a standard market evaluation process, IT leaders can save time and resources by changing the way they evaluate products in markets that are rapidly becoming commoditized.
  • Effectively communicate to the organization how hyperchange impacts technology markets.

Stop Wasting Time Evaluating Commoditized Products and Services Research & Tools

1. Stop Wasting Time Evaluating Commoditized Products and Services Deck – A guide to understanding how technology markets move through market stages and how hyperchange drives commoditization.

This deck will help you understand technology markets and the speed with which markets move to commoditization in an exponential world. You will find tools and resources to help you adapt your procurement processes and vendor management practices to navigate technology purchasing in an era of hyperchange.

2. Stop Wasting Time Evaluating Commoditized Products Deck – Learn how Exponential IT is set to drive organizations toward simplified procurement processes for commodity products and services.

The lifecycle time from innovation to commodity in most mainstream technology markets is rapidly shrinking. Using a standard market evaluation process can help IT leaders save time and resources by changing the way they evaluate products in markets that are rapidly becoming commoditized.

Learn more in this Info-Tech LIVE 2024 presentation.

Exponential IT will drive all organizations toward simplified procurement processes for commodity products and services.

About Info-Tech

Info-Tech Research Group is the world’s fastest-growing information technology research and advisory company, proudly serving over 30,000 IT professionals.

We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

What Is a Blueprint?

A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.

Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.

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Author

Mark Tauschek

Contributors

Two anonymous contributors

Search Code: 106218
Last Revised: November 14, 2024

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