NPI launched Product IQ, a new solution within the NPI Vantage Pro platform delivering instant, feature‑level competitive product intelligence.
With Product IQ, enterprise IT procurement teams now have everything they need in one place to evaluate vendors, compare solutions, and build leverage, eliminating fragmented research and reducing manual effort.
“Today’s enterprise IT buyers are under constant pressure to make high-impact, difficult decisions, and they must often do so without a clear view or understanding of viable alternatives,” says Jon Winsett, CEO of NPI. “Adding Product IQ to our vendor intelligence and leverage management platform brings everything procurement teams need into one place, reducing the fragmented work that slows decisions down. With instant, feature-level intelligence in hand, teams gain the speed and clarity to evaluate options quickly, negotiate with confidence, and drive stronger, more effective outcomes.”
Key takeaways:
· Product IQ delivers detailed product and feature intelligence, removing hours of fragmented supplier research while identifying insights that build true negotiation leverage. The solution provides rapid, side‑by‑side comparisons of viable product and vendor alternatives across IT suppliers in dozens of key technology categories like CRM, ERP and IT service management.
· These in-depth, at-a-glance feature comparisons, which highlight the strengths, gaps and limitations across competing solutions, allow procurement teams to save both time and money, and avoid lengthy and costly vendor lock-ins.
· Product IQ is purpose‑built for procurement execution. Seamlessly embedded within the Supplier Dynamics experience of NPI Vantage Pro, it complements the platform’s existing vendor intelligence capabilities, giving buyers a clearer understanding of both supplier behavior and competitive positioning, all inside the procurement workflow.
· It also allows procurement teams to collaborate with IT, finance, product, and enterprise architecture stakeholders in a way never before possible.
· With Product IQ, users can instantly discover and compare viable competitive solutions; centralize supplier research with objective feature comparisons; virtually eliminate the time necessary to research and analyze alternatives; better understand feature/function overlap across alternatives; and identify points of leverage to optimize negotiation outcomes.
