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Key factors for a successful tech partnership

Building a successful partnership between a customer and a tech provider often differs from other business relationships. While many supplier relationships can be superficial and transactional, tech partnerships require a deeper relationship due to the complexity and often long-term nature of the projects. To succeed in such a partnership, it is crucial that both the customer and the supplier work closely together, with clear goals, expectations, and open communication.

Clear goals and expectations

The foundation of a successful tech partnership is that both parties understand and agree on the goals they are trying to achieve. If there is no common understanding of what needs to be achieved, the project can quickly lose direction and focus. Henrik emphasizes that these goals need to be clear from the start but also flexible enough to be adapted as the project evolves.

Transparency

For the customer and supplier to set goals together, it is important that the customer is clear and transparent with their expectations from the outset. When expectations are not communicated clearly, it can lead to misunderstandings and problems during the project. The customer should be transparent about their goals, reporting requirements, and any internal challenges to allow the supplier to address them realistically. Without this clarity, the supplier risks missing key details, which can affect both deadlines and deliveries.

Open and regular communication

Transparency should be a constant throughout the partnership, requiring open and regular communication. There needs to be a consistent dialogue between the parties, not just to stay updated but also to respond quickly to changes and make informed decisions together.

Involve the right people

A successful tech partnership requires the right people to be involved from both the customer’s and supplier’s sides. A Chief Technology Officer (CTO) or an equivalent role is often critical in aligning technology with the business strategy and ensuring that solutions are tailored to meet the company’s needs. It is also important not to keep discussions at the executive level only, but to involve departments like customer service, logistics, or any part of the organization most impacted by the new technology.

Trust

Finally, trust is one of the most critical factors for a long and successful tech partnership. When the customer trusts that the supplier can deliver value without the need for micromanagement, it gives the tech partner the space to fully utilize their expertise and deliver better results.

How to build a long-lasting and successful tech partnership

In summary, a successful tech partnership is built on clear goals, open communication, and mutual trust. By both parties actively contributing and sharing their expertise, a strong foundation for long-term collaboration can be established. With the right people involved and a transparent dialogue, the customer and supplier can get through complex projects together, ensuring that technology effectively drives the business forward.

What kind of tech partner do you need? Are you looking to digitalize on a more strategic lever, a strategic techpartner is just the thing for you.

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