Gartner Research

Drive Cost Optimization and Efficiencies With IT Vendor Portfolio Rationalization

Drive savings and efficiencies by defining, socializing and executing a rationalization plan

Analyst: Matt Corsi

With cost optimization remaining a top business priority, technology vendor management leaders are tasked with finding creative measures to improve costs while maintaining quality. The top 3 benefits to rationalizing the spend across your vendors are: 

  • Leveraging spend across fewer vendors can lead to increased discounts
  • Managing fewer vendors can decrease operational costs and risks
  • Strategic commitments to vendors can strengthen relationships, performance and business outcomes

Use Gartner’s insights to help you periodically direct an effort to rationalize and consolidate vendors to improve spend and performance. 

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