Glossary

Canadian tech terms, explained.

Clear definitions of the technical, financial, and policy terms used in Canadian tech.

Entries

Procurement cycle

The path a buyer follows from evaluation to approval to purchase.

Definition: The procurement cycle is the series of steps a customer uses to evaluate vendors, negotiate terms, obtain approval, and place an order or sign a contract.
Why it matters: If a story depends on procurement, the timing of revenue often matters more than the announcement itself.

Aliases

RFPvendor selectionbuying cycle