5 Suppliers You Must Work With As A Tech Business

As a tech business, there are specific supplies that you absolutely have to work with in order to achieve the level of success that you want. Whether you're an early-stage start-up or a mature SAAS company, you need an ecosystem around you that can provide you with the infrastructure, growth, security, and payment systems that you need to continue growing.

So, who should you be working with? 

Cloud infrastructure provider

Obviously, most companies will need to work with a cloud infrastructure provider even if you have ambitious goals to become the biggest player in your sector. Most cloud-based SaaS services rely on hyperscalers. For example, AWS is currently the most popular among startups because of its low cost of entry, whereas Azure (Microsoft's ecosystem) is popular for mid-sized businesses. Google Cloud is the least popular of the big three but it still has nearly 10-12% of the market share. All of them are handy for databases, providing AI services to consumers, and scaling productized tools. 

Payment processor

If you plan on taking online payments or using recurring billing as a revenue stream for your business, you'll need a proper payment processor. A payment processor should have the following:

• Tax handling

• Fraud prevention

• Subscriptions

• Global payment support

If your payment processor doesn't have these, you're in for a challenging time dealing with things like VAT in third-party countries and setting up subscriptions when the payment portal doesn't include them natively can be very challenging. These tools are often non-negotiable, and it's often worth paying a premium to your payment processor if they offer them. 

Basic parts suppliers

If you're planning on bringing components and equipment in-house, then you'll need the best server parts wholesale supplier in your field. This should be a service that you can rely on to deliver the parts and components you need at any time of the year. Remember things like AI chips and DRAM are scarce right now, so you need a solution that allows you to obtain this critical equipment to expand your in-house infrastructure. If you don't have it, you'll find it difficult to provide services to client businesses or end users. 

CRM platform

If you don't have a CRM supplier as a tech company, you can also find yourself in a lot of trouble. CRMs are critical for early-stage growth because they enable you to better manage customers and develop your leads. HubSpot is a good example of this, plus it has a free tier that's only paid when you require additional expansion that is already revenue-supported. 

Version control and code hosting

Github is now Microsoft owned, and it's the premier website online for code collaboration. Many early-stage businesses use it for their open source presence and security scanning, but it's useful in almost every way that developers require. If you are a technology enterprise highly dependent on coding and software development, then this particular supplier is non-negotiable. 

So, which of these services and suppliers will you be using in your technology business? How can you leverage them to get the results you want?