4. Choosing the right tech solutions
- Define clear business goals in the initial phase of the selection process, to ensure the level of success or failure can be properly measures
- Create a list of criteria and weight them according to needs. The list could include data sources, user interface, report development and more. ‘Must-have’ features should be identified and prioritized over ‘nice-to-have’ features and key evaluation points are:
- Human resource capabilities
- long term value
- security and compliance
HAVING THE RIGHT TEAM INVOLVED
- Identify a longlist of possible vendors before narrowing them down to a shortlist of 3-5 products to help in the final decision.
Common pitfalls
What, if any, are the most serious problems you have encountered implementing your product?