Tech Vendor Tango: How to Consolidate and Avoid Lock-In with a Smile
Andrew Smith, CISO of Kyocera, shares insights on why tech vendor consolidation is crucial for organisations. Managing multiple vendors can be a circus act with vendor lock-in as the tightrope. Smith emphasizes the importance of strategic planning and diverse skillsets to navigate the complex tech landscape without falling into the vendor lock-in abyss.
Hot Take:
Who knew that juggling multiple tech vendors could feel like auditioning for a role in a circus act? Andrew Smith, Kyocera’s CISO, suggests it’s time to bring order to the chaos by consolidating tech vendors. But don’t get too comfortable, because vendor lock-in might just be the next act in this never-ending tech show!
Key Points:
- Managing multiple tech vendors is a circus act—time-consuming and complex.
- Consolidation is trending: 75% of organizations pursued vendor consolidation in 2022.
- Top reasons for consolidation: vendor management overhead, technical complexity, decreased spending power, organizational overhead, and market visibility.
- Avoid vendor lock-in by diversifying skillsets and engaging in continuous learning.
- Smith’s advice: Prepare for vendor lock-in scenarios by keeping goals clear and options open.
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