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Home » How to Select the Right Technology Vendor: A Guide for CEOs
CXO Minute

How to Select the Right Technology Vendor: A Guide for CEOs

Tony UphoffBy Tony UphoffMay 1, 2023Updated:May 2, 20231 Min Read
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AE Leadership

As a C-level executive, selecting the right technology vendor is crucial to your organization’s success. In episode 76 of the Leadership Minute, Tony Uphoff shares five essential steps to guide you through the process.

To hear practitioner and platform insights on how solutions such as ChatGPT will impact the future of work, customer experience, data strategy, and cybersecurity, make sure to register for your on-demand pass to Acceleration Economy’s Generative AI Digital Summit.

Highlights

00:57 — Tony’s first step is to prioritize your organization’s needs. Create a clear roadmap of your company’s technology requirements and focus on addressing the most pressing business issues first.

01:12 — Do your research next, says Tony. Read industry reports, attend webinars, and engage with peer networks to gain insights into emerging trends and industry leaders.

Which companies are the most important vendors in data? Check out the Acceleration Economy Data Modernization Top 10 Shortlist.

01:39 — Step Three: Assess the vendor’s reputation. Look for customer testimonials, case studies, and third-party reviews to gauge reliability, expertise, and customer satisfaction.

02:08 — Next, evaluate the vendor’s product offerings. Understand how its products can address your organization’s specific business needs and consider how the technology will integrate with your existing systems.

Insights into the Why and How of Data and Business Modernization featured image
Guidebook: The Why and How of Data and Business Modernization

03:00 — Lastly, consider the vendor’s support and partners ecosystem. Ensure that they are committed to your success and evaluate their level of support during the sales process, as well as post-sale.

03:23 — By following these steps, you can ensure that you’re making informed decisions that will drive your organization forward.


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Tony Uphoff

Acceleration Economy Analyst
4X CEO, Leadership Channel Host

Areas of Expertise
  • Board Strategy
  • Cloud
  • Digital Business
  • LinkedIn

Bringing his experiences a 4x CEO, Tony is the host of Acceleration Economy's Leadership Channel, and a Senior Advisor to the CEO and executive team at Xometry, a publicly traded, on-demand manufacturing marketplace. He most recently led the turnaround, growth, and successful sale of Thomasnet.com to Xometry in December of 2021 for $300m. Tony Uphoff is an award-winning technology, data, digital media and marketing services executive specializing in transformative leadership of companies, cultures, people and organizational performance. As an industry thought leader Tony is regularly quoted in The Wall Street Journal, Forbes, Business Insider, and other top media brands, as an expert on the digital industrial economy. Tony also advises senior management and boards of media, marketing, and technology companies as the CEO & Founder of Uphoff Management Advisory, LLC. He also serves as a Trustee of Linfield University and a Mentor at MuckerLabs accelerator.

  Contact Tony Uphoff ...

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