5 Reasons Innovative Companies Are Rethinking Tech Buying
For decades, enterprise technology buying followed a familiar script: identify a requirement, issue an RFP, evaluate vendors, negotiate a multiyear contract, deploy the system and move on. That model is increasingly colliding with reality.
Technology now changes faster than most procurement cycles. AI can alter the economics of a software category in months. Cloud consumption can make a supposedly fixed technology expense variable. And employees can discover, test and adopt new tools before IT even knows they exist.
The result is a quiet but consequential shift: innovative companies are not simply buying different technology. They are rethinking the act of buying technology itself.
Recent Forbes Research found that 59% of technology acquisitions are currently led by IT, versus 41% by business functions. Within three years, respondents expect that relationship to reverse, with business functions leading 53% of purchases. High-growth companies are also more likely to buy incrementally, partner with startups and involve senior executives early before delegating final decisions to the people closest to the work.
Here are five forces behind the change:
1. Focusing On ROI, Not Features
Feature lists have long been the go-to method many companies have used to assess whether a particular tool should be added to their tech stack. This has caused many SaaS providers to provide an ever-expanding checklist of features in an effort to impress clients, not all of which are truly necessary.
Case in point: one survey of CIOs found that average employees use only about 40% of the features of the software applications they use at work. Quite often, those added features are not contributing to the bottom line. Instead, they could actually be contributing to wasted spend as companies pay for features they do not need.
As a result, savvy buyers are increasingly focusing on ROI over specific features. Whether a tool can deliver measurable productivity gains, cost savings or other KPI improvements matters more than a feature checklist. The real question is ultimately how the tool will actually change the way people work, not what features it offers.
2. The Human Element Matters
The initial AI rush seemed to be focused on automating as much as possible. Many business leaders essentially seemed to be asking how they could take human judgement out of the equation.
Since then, we have seen pushback as more organizations have come to realize that while AI can do many things, it cannot truly replace human judgement . As a result, the focus is shifting. Innovative companies are not simply trying to chase disruptive technology to reshape their workflows. Instead, they are focusing on how to augment the judgement of their human team members.
Innovative companies are taking a people-first approach, emphasizing how they can solve daily needs so their team members can be more efficient and better use their skills. The goal here is to unlock the power of man with machines .
3. Integration, Not Isolation
Another side effect of the tech stack sprawl is companies using tools that are isolated from each other (and often have overlapping features or functions). With data sharing being so critical for AI capabilities in particular, innovative buyers are increasingly focused on tools that can integrate with their existing stack. Notably, the one Gartner study cited earlier found that mature data and analytics capabilities led to “up to 65% greater business outcomes, including revenue growth and cost optimization.”
A report by Rob Smith, founder and CEO of analyst firm Lionfish Tech Advisors that tracks the vendor response to SaaS procurement and management, highlights: “Over the last two years, SPMPs have noticeably increased the number and variety of platforms with which they integrate, ranging from messaging tools to project management suites and even ERPs. These integrations serve to not only simplify the intake-to-procure process, enabling customers to achieve faster and smoother approvals, but they also improve communication and collaboration between stakeholders across the entire workflow, again a sign of SPMPs seeking to deliver more strategic benefits.”
Inaccurate data can be catastrophic for AI. And disconnected systems can drastically reduce the effectiveness of the overall tech stack. Technology intelligence is wisely becoming a top priority so businesses can stay more fully aligned throughout their operations.
4. Flexibility Takes Priority
The speed at which AI is changing the business tech landscape is also causing many companies to make flexibility a higher priority. Long implementation cycles are increasingly becoming a risk. By the time a company finishes one tech implementation/integration, it could already be obsolete.
The Current reports that in marketing, 64% of business leaders said: “the pace of AI’s evolution makes it difficult to make long-term decisions.” As it becomes harder to make long-term plans, flexible technology solutions become essential for businesses to remain flexible and agile with changing market needs.
As a result, these companies do not just look at current functionality. They also look at a tech product’s long-term adaptability, particularly in regard to AI integrations. Scalable, modular and cloud-based systems also become more appealing, as they tend to be more adaptable to the business’s changing needs.
This can also be seen in the growing demand for trial periods before full implementation. Buyers want to prove product effectiveness in a trial before scaling and committing to a potentially multi-million dollar purchase.
5. Full-Scope Cost Assessments
Business leaders are also looking for more visibility into the costs of their tech stack as a whole.
As an article from Advanced Imaging Solutions notes, “Technology governance has also become more important in subscription-heavy environments where departments can independently adopt services without centralized oversight. Without visibility into how platforms overlap across operations, businesses may struggle to understand the full financial impact of their technology ecosystem. […] The focus is shifting toward understanding where recurring operational value exists, where costs accumulate inefficiently, and how dependency affects long-term flexibility.”
This is resulting in a more collaborative approach to tech buying. It is not just the responsibility of the CIO. The entire leadership team needs more visibility into what is and is not creating value so these essential investments can be made wisely.
Research from Forrester highlights this change: procurement professionals now serve as the decision-makers in 53% of business buying cycles, being fully engaged from the beginning of the process.
Two or three years from now, technology procurement may look less like shopping and more like orchestration. AI agents could continuously monitor business requirements, compare vendors, simulate total cost, negotiate standardized terms, run pilots and recommend whether to renew, expand or replace a technology.
The human role will not disappear. It will move upward. Leaders will decide what the company should own, what it should outsource, what risks are acceptable and which capabilities create competitive advantage.
The organizations that win will not necessarily be those with the biggest technology budgets. They will be the ones with the best technology metabolism , the ability to discover, evaluate, acquire, deploy, measure and replace technology faster than competitors.
For individuals, that means becoming better technology evaluators, not merely users. For teams, it means establishing lightweight guardrails that encourage experimentation rather than accidentally encouraging shadow IT.
For executives, it means changing the question from “What technology should we buy?” to a more consequential one: “What capability do we need, what is the fastest way to create it, and what is the smartest way to keep our options open?”
By focusing on their business’s needs from a more holistic viewpoint and considering both immediate and long-term needs, enterprise tech buyers can ensure that their purchase decisions get the right results.
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