When to build vs buy a software platform?

Some of the most important consideration when deciding to build vs buys software depending on the current business needs and constraints. These are the considerations.

  1. Use cases.
  2. Readiness
  3. Scope
  4. Resources
  5. Opportunity Cost
  6. Time-to-Value

Building a custom platform can be a smart investment that an organization should consider only if it has sufficient time and resources for development. When resources are sacred and leading is top priority, then investing in a comprehensive, extensible platform can reduce costs and maximize performance more than any homegrown solution ever could.

Published by Rizwan khan

Rizwan Khan – CTO | Tech Advisor | Team Builder | Process-Driven Tech Leader I Business Innovation Enthusiast

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