Top 5 Industries Transforming Preface The days of relying on personal relationships to secure favorable deal terms are over. IT vendors are aggressively shifting their focus towards capturing a larger share of your value chain and more of your wallet share. Their maneuvers include: Subscription-based pricing models: IT vendors are locking customers into recurring fees with additional consumption costs, making it difficult to predict and control long-term technology costs. Reduced flexibility: Subscription access often comes with limited customization options, and tiered access that requires you to subscribe to more expensive levels that ...
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Five9s Five-Alarm Fire Preface The days of relying on personal relationships to secure favorable deal terms are over. IT vendors are aggressively shifting their focus towards capturing a larger share of your value chain and more of your wallet share. Their maneuvers include: Subscription-based pricing models: IT vendors are locking customers into recurring fees with additional consumption costs, making it difficult to predict and control long-term technology costs. Reduced flexibility: Subscription access often comes with limited customization options, and tiered access that requires you to subscribe to more expensive levels that offer ...
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The Top 5 “Absolute Worst” Technology Suppliers of 2024 Preface Nearly all clients are seeking greater prosperity in 2024. While client organizations are still focused on cost reductions to meet the challenges of their new economic and market realities, the pent-up demands of the business are increasingly calling for innovation, automation, and organizational performance improvement. Digital Transformation has emerged as the #1 Way to Boost Performance and Savings concurrently. Client organizations that are digitally transforming are harvesting greater value by: Automating tasks (RPA) to streamline efficiencies Unlocking data insights (ML) ...
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The Top 28 Worst Offending Technology Suppliers of 2024 Preface Nearly all clients are seeking greater prosperity in 2024. While client organizations are still focused on cost reductions to meet the challenges of their new economic and market realities, the pent-up demands of the business are increasingly calling for innovation, automation, and organizational performance improvement. Digital Transformation has emerged as the #1 Way to Boost Performance and Savings concurrently. Client organizations that are digitally transforming are harvesting greater value by: Automating tasks (RPA) to streamline efficiencies Unlocking data insights (ML) ...
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Top 5 Examples of Newly Invented Technology Supplier Fees in 2024 Money grab n. Obtaining money from someone without returning anything of real value. Requiring someone to pay a fee out of purely greedy or opportunistic motives. Preface Nearly all clients are seeking greater prosperity in 2024. While client organizations are still focused on cost reductions to meet the challenges of their new economic and market realities, the pent-up demands of the business are increasingly calling for innovation, automation, and organizational performance improvement. Digital Transformation has emerged as the #1 Way to Boost Performance and Savings ...
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The fiscal year end is a critical time of year for both suppliers as well as technology buyers, many of whom are in the middle of 2024 budget planning as I type this. Several tech suppliers are wrapping up their fiscal year soon, and will be putting on the full court press to customers and prospects aiming to get as much revenue possible before the book closes on the year. During times of required action (renewals, new purchases, etc.) or duress (audits, M&As), we feel the pressure to get the deals done, and rarely take a step back to view the tech market as a 'federated'' whole, and how that might be impacting your business decisions. ...
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Preface Thank you for joining us for this 3-part series on Cloud Costs, where we explore the Top 5 Price Shock Phenomenon’s of Cloud costs, resulting in part from the Top 5 Workloads that are NOT Well Suited for the Cloud, and largely resulting in the Top 5 Reasons Why Clients Are Repatriating previously migrated Workloads from cloud deployments back on-premises: Part 1 (Feb 15): Top 5 Price Shock Phenomenon’s of Cloud Costs Part 2 (Mar 15): Top 5 Workloads that are NOT Well Suited for the Cloud Part 3 (Apr 15): Top 5 Reasons Why Clients Are Repatriating Workloads (This One) Part 3: Top 5 Reasons Why Clients Are Repatriating Workloads In ...
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Preface Thank you for joining us for Part 2 of this 3-Part series on Cloud Costs. Please reference the following 3 blogs to get the complete 2023 Cloud Cost Series: Part 1: Feb 15: Top 5 Price Shock Phenomena of Cloud Part 2: Mar 15: Top 5 Workloads that are NOT Well Suited for the Cloud Part 3: Apr 15: Top 5 Reasons Why Clients Are Repatriating Workloads Part 2: Top 5 Workloads NOT Well Suited for The Cloud Introduction Since the mid-2000s, clients have been migrating workloads to the cloud with increasing frequency, but recently, we have seen clients start to repatriate previously migrated workloads back on-premises, due in no small part ...
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It’s a now well-known axiom that there is opportunity in chaos. From our vantage point, technology suppliers are joining in the spirit of that theme to accelerate price increases which are then passed along to their customers. Price gouging it would seem is no longer the domain of consumer goods as we suspect it’s also being employed in high tech. If you have been involved recently in a renewal, software audit, M&A activity, or any other supplier intensive negotiation, some of these price increase ‘excuses’ may sound familiar: Inflation Energy costs Interest rates Labor supply Economic downturn War in Ukraine Rising US dollar value ...
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The pace of change today is to say the least – breakneck. Leveraging tech to get closer to your customers, drive revenue, and increase margin (i.e., save money) is at the forefront of initiatives for most companies. At the same time, layer in the levels of complexity in understanding every supplier’s value add in that mission, along with each having their own rules for pricing, agreement frameworks, and legal terms, it’s no wonder companies frequently have sub-optimized supplier agreements, investments, and relationships. One area that I have focused on in the last three decades specifically, is Microsoft. I’ve negotiated and reviewed ...
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