05 Nov How to Determine When to Build or Buy Enterprise Software
While many companies regret building enterprise software because it is much more expensive than expected, there are times when custom software is best. This article describes how to answer the build vs. buy question.
A rational build vs. buy decision starts with well-defined requirements. Then potential products are evaluated to measure how well they meet those requirements. If you are considering replacing a homegrown product, include that in the evaluation. It is usually worth starting a new enterprise software project with an evaluation, even if the ultimate result is a development project. So how can the build vs. buy question be answered in a rational way without getting overwhelmed by all the work?