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Security Vendor Overpayment Widespread
Gartner found that a majority (exact numbers were not cited) of companies are staying with their current vendors (with whom, it was unsaid, they've likely had good track records and a working relationship). Also unsaid was this: It's up to the customer to put a price on this and decide whether it's worth shopping around.
Mark Fabbi, vice president and research director for Gartner, says, "The number of companies that have made the easy decision of just awarding business to their current vendor instead of actively negotiating has soared since 1998, which essentially takes a large amount of money from their bottom lines."
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