A common rent-seeking practice where vendors design structures and contracts to give them control of customer data and code.
The steps involved in vendor lock-in are:
1) Identify lower-IQ management to engage with
2) Insert clauses into contracts where vendor retains customer data and limit customer access
3) Insert clauses into contracts where code development commissioned by the customer is proprietary to the vendor
4) Say whatever is necessary to ensure customer is at ease with the clauses, but ensure no such record
5) Sell customer's own data back to them, piecemeal
6) Resell the output of the code each time it is run
7) Collect economic profits
The steps involved in vendor lock-in are:
1) Identify lower-IQ management to engage with
2) Insert clauses into contracts where vendor retains customer data and limit customer access
3) Insert clauses into contracts where code development commissioned by the customer is proprietary to the vendor
4) Say whatever is necessary to ensure customer is at ease with the clauses, but ensure no such record
5) Sell customer's own data back to them, piecemeal
6) Resell the output of the code each time it is run
7) Collect economic profits
Vendor Staff: "The regulators of First Common Bank found evidence of overcharging . First Common needs us to pull account numbers on which customers got hit. I wrote up the query and pulled the data while I was on the phone."
Vendor Mgnt: "That's great. Let's write up a Statement of Work detailing requirements. Put in a long time frame for delivery, like a month or two. We'll price at your annual salary so it looks like we did some math. What is it again, like $127,400?"
Vendor Staff: "We can't charge that."
Vendor Mgnt: "Yes we can. Where else are they getting the data? They don't have it. I personally negotiated the vendor lock-in."
Vendor Staff: "We charged them $127,400 last time."
Vendor Mgnt: "That's great. Let's write up a Statement of Work detailing requirements. Put in a long time frame for delivery, like a month or two. We'll price at your annual salary so it looks like we did some math. What is it again, like $127,400?"
Vendor Staff: "We can't charge that."
Vendor Mgnt: "Yes we can. Where else are they getting the data? They don't have it. I personally negotiated the vendor lock-in."
Vendor Staff: "We charged them $127,400 last time."
by human-natured December 12, 2019
Get the vendor lock-inmug. When Mrs. Hart Berg was taken up in an airplane by Wilbur Wright, she had used a hem-lock ti maintain her modesty --- i.e., she'd tied her skirt with a rope to keep it from "revealingly" billowing during the windy journey. This prompted the hobble-skirt to be invented.
by QuacksO June 9, 2020
Get the hem-lockmug. by Medfordscum January 31, 2017
Get the wood lockedmug. by Dennismart November 18, 2021
Get the lockmug. 
by rickje139 February 18, 2024
Get the Angle Lockingmug. now your even more bored than zaqxswcdevfrbgtnhymjukilop your 1 quark away from the 6th stage of boredom. your so bored you press every single button on the keyboard
im bored af esc f1 f2 f3 f4 f5 f6 f7 f8 f9 f10 f11 f12 `1234567890-= delete tab qwertyuiop\ caps lock asdfghjkl;' return shift zxcvbnm,./ shift fn control option command space command option up down left right
by 584940493395874392034839394 November 9, 2024
Get the esc f1 f2 f3 f4 f5 f6 f7 f8 f9 f10 f11 f12 `1234567890-= delete tab qwertyuiop[]\ caps lock asdfghjkl;' return shift zxcvbnm,./ shift fn control option command space command option up down left rightmug.