E-Commerce

4 Pillars to Procurement Technology Adoption

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Executive Summary

Organizations spend millions of dollars for technology implementations. It has been found that most projects fail within one year of implementation. In a recently issued study report from the World Economic Forum 2010-2011, The United States stands only 5th in terms of technological savvy nations. One of the reasons for this could be lack of adoption of new technologies within the organization. Employees using a new software system exhibit steep learning curves and resistance to change which is evident from the large percentage of organizations feeling their ability to deal with change being poor. Organizations spend millions of dollars for technology implementations. It has been found that most projects fail within one year of implementation.

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