At this stage of the technology acquisition process, you have thoroughly researched the vendors and their technologies. Now it’s time to evaluate vendors objectively and make a decision.
This chapter outlines a process that can be used to aid in the decision-making process. By following this process, you will be able to make a more educated decision about which vendor and technology is best for your company’s needs.
The Evaluation process consists of four potential subprocesses: structured research methods, unstructured research methods, decision-making, and communicating results to vendors (Figure 4-1).