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New NPI Research Reveals How AI, Vendor Consolidation, and Rising Costs Are Reshaping Enterprise IT Sourcing in 2025 [Yahoo! Finance]
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US:NASDAQ Investor Relations: investors.broadcom.com
ATLANTA June 26, 2025 /PRNewswire/ -- Enterprise IT procurement leaders are navigating a fast-changing sourcing landscape marked by vendor consolidation, AI acceleration, rising software costs, and evolving organizational models, according to a new benchmark study from NPI The State of Enterprise IT Sourcing in 2025 draws on insights from IT sourcing leaders at organizations with $5 billion or more in annual revenue. "Large enterprise IT buying is being redefined in real time," said Ken Male , Founder of CXO Nexus, who led the research for NPI. "Sourcing leaders face a rare combination of pressures – from cost containment mandates and AI-fueled contract complexity to the dominance of a handful of major vendors juxtaposed with the proliferation of tail spend. Peer intelligence is playing a bigger role than ever in helping organizations benchmark and adapt." The Vendor and Reseller Estate: More Vendors, Growing Complexity Although 66% of enterprises concentrate 80% of IT spend wi
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