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Try before you buy, with a proof of concept: following a 5-step process can prove beneficial for purchasers.(TECHNOLOGY)

BEFORE INVESTING A COMPANY'S precious IT dollars in new technology solutions, buyers should proceed with caution and perform due diligence through a proof of concept (POC) with their vendor finalists.

By investing a little time and effort to ensure that the technology (and the vendor) will meet the company's needs, buyers are better able to mitigate any associated risk and make the most informed decision. In addition, vendors will have the opportunity to demonstrate that what they are selling is indeed what the buyer will receive upon contract, in regard to both products and services.

Essentially, this 'try before you buy' POC approach enables the buyer to evaluate the ...

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