Agility is key to innovation. Companies that adapt well to change are far more likely to develop cutting-edge tech.
What are the key differences between large and focused enterprise software vendors?
Focused vendors like Adobe and Salesforce tend to maintain superior product quality and customer-centricity compared to larger firms like IBM and SAP. Their strategies prioritize customer needs and allow them to be more agile, which fosters innovation and better service.
Why is agility important in enterprise software?
Agility is crucial for innovation in enterprise software. Vendors like Adobe and Salesforce demonstrate that being nimble enables them to respond quickly to customer needs and market changes, which is essential for maintaining high-quality offerings.
How should companies evaluate their software vendors?
Companies should regularly evaluate their software vendors based on customer-centricity, innovation, and overall value. It's also important to be cautious of vendor sprawl, as having too many vendors can lead to increased costs and risks.