Procurement professionals face an almost impossible task of achieving best value. This ask is at the fore in projects involving the use or installation of Operational Technology (OT) and Internet of Things (IoT) software, hardware, middleware or anything connecting to these types of systems.
Part of the challenge for procurement professionals is balancing the immediate budget with that of future budgets. In plain terms, driving savings to meet today’s budget will likely have a negative impact on future budgets later down the line. Additional costs will inevitably arrive for those departments with ownership over the product, service or technology, costing the organisation more in the long run.
This is a predicament which cyber security teams are consistently facing, creating several common challenges. Join this talk to see how procurement can help.
