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.
- Use cases.
- Readiness
- Scope
- Resources
- Opportunity Cost
- 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.