IT Vendor Selection is the process of identifying, evaluating and selecting a vendor who can meet the Information Technology needs of an organization. It involves assessing the vendor’s technologies, resources and services as well as their overall performance to determine which one should receive the business. This important process requires thorough evaluation of all aspects of a potential partnership to ensure successful selection and long-term mutual success. Both organizations should evaluate each other’s requirements, capabilities and cost structure in order to make an informed decision that will be beneficial for both parties. By considering more than just pricing, a company can ensure they select the right vendor who will provide optimal value and quality over a sustained period of time.