Among the more complex technology solutions related decisions a company makes is the choice of build vs buy. Typically, larger companies with strong IT staff gravitate towards a build decision while smaller companies usually go for a buy decision as IT is not their core focus. And there are a large number of companies in the middle of the spectrum that can go either way. This build-vs-buy decision is also valid for large companies too depending on the nature of software solutions they are seeking.
While the thought of building a solution in-house seems like a good idea, various factors should be considered before making a choice. Considerations include the IT team’s experience, domain expertise, available bandwidth, costs, implementation timeline, and ongoing support capabilities.
Getting answers to the following questions will help begin the evaluation process:
In addition to the above, technical factors need to be considered before deciding to buy or build a solution:
While there are situations that warrant a build strategy, such as creating a proprietary software to maintain or create a distinct business advantage or fulfilling an exact need unique to a company, most often a buy strategy from a proven solution provider will be a better choice in both the short and long term.
Since 2009, Optimum Info has been developing and continuously improving our integrated Network Development and After-Sales suites of business software solutions. We are committed to supporting the unique business needs of the Automotive, Powersports, Transportation, and Equipment Industries we serve.
Jerry is the Vice President of Business Development, Marketing and HR at Optimum Info, a global business solutions company providing tailored software solutions for Manufacturers to improve franchise network development, dealer profitability, field operations, and after-sales processes. Jerry has extensive experience working for solutions providers servicing the Automotive industry.
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