target audience: TECH BUYER Publication date: Jun 2024 - Document type: IDC Perspective - Doc Document number: # US51625224
Financial Implications of Strategic Investments in Composable Commerce Technology: Rip and Replace or Embrace and Extend
Table of Contents
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Executive Snapshot
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Figure: Executive Snapshot: Financial Implications of Strategic Investments in Composable Commerce Technology
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Situation Overview
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The CFO View: The Finance Department Impact Needs to Be Weighed
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Composable Technology: Rip and Replace or Embrace and Extend?
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Avoiding the Sunk Cost Fallacy in Composable Commerce SaaS Investments
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Understanding the Sunk Cost Fallacy
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Gaining C-Suite Buy-in for Composable Commerce
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Translating Technical Benefits and CX Gains into CFO- and CEO-Friendly Business Language
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Advice for the Technology Buyer
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C-Suite Buy-In Requires a Multifaceted Approach That Positions Composable Commerce Investments as a Strategic Asset
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Mitigating the Risk of Sunk Cost Fallacy
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Deciding When to Rip and Replace Versus Embrace and Extend
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Learn More
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Related Research
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Synopsis
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