Investing in Technology: A Strategic Approach for Organizations standard

By: Francois Aubin. Topics: Procurement of enterprise software, Open source, Cognitive Engineering. Summary Software costs can be reduced by 70% to 90% when using open source instead of enterprise alternatives. While it requires the engagement of developers with specialized skills, leading to additional costs, the overall economic benefits are considerable. This cost efficiency primarily stems from its free-to-download nature, sparing businesses the expense of funding the extensive research and development typically undertaken by enterprise vendors. Furthermore, open source software provides enhanced scalability, adeptly adapting to a business’s evolving needs.   The IT Procurement Process in Large Organizations In the realm of modern business, organizations are increasingly relying on technology investments to stay competitive. This typically includes expenditures on enterprise software ...

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