Strategic Software Selection with Portfolio Analysis
What's this blog post about?
Portfolio Analysis is a strategic method that evaluates potential software vendors within a business investment portfolio, assessing risks and returns by considering factors like vendor stability, technological maturity, and alignment with organizational goals. By implementing this approach in the selection of software vendors, companies can optimize their overall software portfolio, ensuring investments align with strategies, are balanced in terms of risk and return, and adaptable to evolving business needs. It also helps organizations proactively manage vendor risks.
Company
Taloflow
Date published
Feb. 6, 2024
Author(s)
Todd Kesselman
Word count
455
Hacker News points
None found.
Language
English