Build Versus Buy (Software)
There are two main reasons to build your own software versus buy an existing software product:
- A preexisting software product does not exist; and
- Competitive Advantage.
The impact of competitive advantage through software and automation is underestimated by most small and mid-sized companies (and many large corporations too).
Non-Existent
Despite the vast amount of software out there in the cloud and available to be run in your own enterprise, there are still a number of business problems that cannot be solved by off-the-shelf or preexisting software.
And even if that software exists, it may have been tooled to be too specific to one environment and the cost […]