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The Hidden Cost of Vendor Lock-In in Deep-Tech Companies
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This story was originally published on HackerNoon at: https://hackernoon.com/the-hidden-cost-of-vendor-lock-in-in-deep-tech-companies.
Vendor lock-in in deep-tech is more expensive than most companies realise. Explore the hidden cost of dependency across PLM, MES, ERP and cloud AI
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This is the core argument of this article: lock-in has two costs, not one. There is the visible cost of migrating away from an entrenched platform, and there is the invisible, compounding cost of not migrating