Overcoming the Limitations of IT Vendor Management
The Importance of Effective IT Vendor Management In today’s digital age, organizations rely heavily on information technology (IT) to drive business operations. As such, IT vendor management has become a crucial function in ensuring the smooth delivery of IT services. However, many organizations struggle with the limitations of IT vendor management, which can lead to inefficiencies, cost overruns, and compromised service quality. According to a report by Gartner, up to 80% of IT projects experience cost overruns, while 20% of projects are abandoned altogether. In this blog post, we will explore the limitations of IT vendor management and provide insights on how to overcome them. ...