CEO FR: New Technology Dear

CEO

FR:

New Technology

Dear CEO;

The world of information technology is changing so quickly that one seldom knows for certainty whether to purchase the latest software with all the bells and whistles or wait until the next version hits the market. Our company has the opportunity to purchase computer software that will not only cover our current needs, but will also hold us in good stead for years to come.

When considering if the company should invest the funds necessary to purchase this software, factors come into play that will affect that decision. Those factors include the following;

Does the software accomplish its objective?

Can the software be integrated into our current system?

Will the individuals who use the software find it easy to use?

How long will the software be viable for company purposes?

Price of software and any licenses for its use

What support is available for the software - installation and maintenance?

Taking these factors into consideration will allow for more than just a dollar and cents appraisal for the product.

Considering the long-term aspects of the purchase will allow for a more informed decision. Another consideration would probably be conducive to gathering additional information and that would be whether the company offering the software is reputable or not.

If the selling company has a good reputation, and the software happens to have a bug or two, our company would at least be assured of an avenue for recompense.

One factor that should also be considered is whether our competitors are using the same type of technology to their benefit, and even more importantly to our detriment. It should not be a purchase just to 'keep up with the Joneses" but if the technology is helping our competitor, perhaps it would help us as well. It would probably be best to keep in mind that our company is unique, but that does not mean that benefits of a new purchase such as this one would not help us in the same way that it helps our competitor.