5 Tips For CIOs To Avoid Overspending
3. Don't get stuck in ‘vendor lock’:
Once when your firm is established, the next step that you want to do is roping in a vendor. But Muscarella strictly advises that never stick to a single vendor even though they might offer you an array of products. Always keep your options open. "Too often, people get locked into one vendor strategy, and they forget to do that," he said. "There isn't a whole lot of pressure on that incumbent vendor to keep things tight and focused."
