Build Software or Buy Software? Everything to Consider Before You Decide
Not so long ago, many day-to-day activities such as deposing a check, buying groceries, or scheduling a doctor’s appointment, required physical presence or human interaction via a phone call. And then came digital transformation.
Digital transformation is defined as: "The adoption of digital technology to transform services or businesses, through replacing non-digital or manual processes with digital processes or replacing older digital technology with newer digital technology”.
The global Covid pandemic has created a spike in digital transformation adoption across multiple industries, and now more than ever before, you can find software solutions as the answer for almost every need that enterprises have.
This increases the old-known dilemma for many companies whether to build software from scratch or buy a ready-to-use one from a vendor. There is no easy answer to this question as every decision the organization will take has its pros and cons and it mostly depends on the specific needs of each company. Both options could be a proper solution but there are some key aspects that will influence your decision one way or another.
In this white paper, we gathered all the important details, essential factors, pros and cons, and more helpful information in order to help you understand what needs to be considered before deciding between these two options.