A recent Gartner® report, Predicts 2024: Geopolitics, SaaS and Generative AI Impact IT Vendor Risk explores the implications of trends for organizations and third-party support providers (TSPs), offering strategic insights and recommendations. The shift toward subscription models and its impact on TSPs Gartner predicts that by 2028, one of the major third-party support providers will fail due to the increasing adoption of subscription-based models by software vendors, creating potential vendor ecosystem risks for organizations. Software vendors often release new functionality on cloud-based versions that typically are offered on models before making it available on on-premises versions as part of their…
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