How do you squeeze the most value from your company’s relationships with hardware and software companies, management consultants and outsourcing firms? Almost half of North American companies now use a dedicated team:
47% of North American businesses have a vendor management office (VMO).
73% of VMOs exist inside the IT organization. That’s up from 62% in 2005.
52% of companies with a VMO say it helps IT’s rep: IT is viewed more positively than it was one year ago.
Source: Forrester Research, “Trends in North American Vendor Management.”