Home » Management Articles » IT Project Failure Rates are Astronomical - Vendor Centric Releases New Publication to Help Bring them Back Down to Earth
IT Project Failure Rates are Astronomical - Vendor Centric Releases New Publication to Help Bring them Back Down to Earth
Vendor Centric Launches New Guide to Sourcing IT Solutions that helps Public and Private-Sector Organizations Dramatically Increase Chances of IT Project Success
GAITHERSBURG, MD, October 14, 2011 /Management PR News/ -- Vendor Centric has just released a new, free publication titled Vendor Centric's Guide to Sourcing IT Solutions. The guide is the company's first release in a planned series of guides on how to successfully source various types of products and services.
The guide outlines a proven process, supported with best practices, which organizations can use to reduce the risk of project failure while also increasing their ability to select both the IT solution and vendor. "Over the years I have seen so many projects go off the rails that could have easily been successful if there more time and effort had been placed on finding not just the best technology, but also the best vendor," said Tom Rogers, Vendor Centric's CEO. "IT project failures are historically in the 50-75% range. If you don't do this for a living, it is really easy to miss a critical step in the sourcing process," said Rogers
"We are seeing an uptick in the number of middle-market clients (and prospective clients) starting new IT projects," said Mikah Sellers, Vendor Centric's Chief Revenue Officer. "There are a lot of complexities associated with navigating an IT sourcing project; most people focus 90% of their efforts on the solution and only 10% on the vendor. This guide provides a structured approach, along with practical advice, for selecting both the right solution and the right vendor," said Sellers.
Vendor Centric's Guide to Sourcing IT Solutions is available for free download on the Vendor Centric website now.
About Vendor Centric
Vendor Centric, a market leading business-consulting firm, serves clients on issues of vendor selection and onboarding, performance, risk and compliance management. The firm was founded in 2011 on the principle that businesses can get more out of their vendor relationships by applying well-designed practices, processes and supporting technologies. At Vendor Centric our mission is to help clients build lasting vendor relationships that deliver exceptional results. For more information visit www.VendorCentric.com. Follow us on Twitter @VendorCentric.
Media Contact
Mikah Sellers
Chief Revenue Officer, Vendor Centric
202-553-9506
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Press Release Contact Information:
Mikah Sellers
Vendor Centric
Cofounder & Chief Revenue Office
9841 Washingtonian Blvd, Suite 380
Gaithersburg, MD
USA 20878
Voice: 2025539506
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