Vendor consolidation: Streamlining your journey towards efficiency and growth

For many modern organizations, the specific benefits that individual vendors bring them are overshadowed by the complexity that comes with operating a large and complicated vendor ecosystem.

This vendor sprawl can mean difficulties in coordination and substantial amounts of lost time and resources – leading to cost inefficiencies across your entire IT landscape.

Unlocking efficiencies through consolidation

Vendor consolidation can solve these problems and offer substantial cost reductions, operational efficiency enhancements, and a host of untapped opportunities. It’s no surprise that 75% of organizations were already pursuing vendor consolidation in 2022. While by 2025, 70% of organizations are looking to consolidate the number of vendors securing the lifecycle of their cloud-native applications to a maximum of three.

But it’s not all smooth sailing. The task of consolidating different IT vendors has its fair share of challenges. This point of view looks at some of them and breaks down a roadmap for a successful vendor consolidation.

If you’re looking for a partner who can help you reap the benefits of consolidating your IT vendors, contact our experts below.