Technology Risks of Vendor Lifecycle
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Assess the risk associated with Applications or IT Component based on their vendor lifecycle.
The Application / IT Component is assessed on the risk it poses to the business in case the vendor stops supporting the technology or the vendor is not able to support the technology due to bankruptcy and other similar reasons.
Details
Doing a thorough assessment of your application and IT landscape for associated vendor risk and analyzing what are the Application / IT Component replacement or mitigation plans in place.
By executing the survey, gather information related aspects such as Application / IT Component phase-out timelines, vendor commitments and internal plans to ensure business continuity
Owners of Application / IT Component