Topic: IT Resourcing
Is IT Procurement Broken?
7 minute read
By Jake Ellis
Are you building too little IT, buying too much—or vice-versa? Are Line-of-Business departments now too influential when it comes to IT procurement decisions? Are Central IT and Procurement teams being side-lined? Is an alternative seismically better approach to IT procurement being ignored? In this article we lift the lid on IT procurement discussions in 2024 and what decision makers should be thinking about.
IT procurement has always been a necessary evil in organizations. The activity comes with the laborious challenges of selecting the right vendor and technology assets for your business, setting the right price and contract terms, etc.
The role of procurement teams to get all these balances right is hugely impactful on the end result stakeholders want, namely a unifying digital ecosystem that does everything, …and reliably too! Yet, as the technological landscapes shift and new business challenges emerge, the adequacy of traditional IT procurement methods is being called into question.
Building vs. Buying
Line of business departments are taking it on themselves to find better IT
Why this is a problem
How can we bring this all back together?
Working together is crucial
Why this leads to categorization
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