Build or Buy?

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from its humble beginnings in the early nineties. Simple static web pages have given way to sophisticated online applications with a full-range of social media capabilities. Somewhere along the way, many Application Service Providers (ASP) and Independent Software Vendors (ISV) have sprung up and flourished into thriving industries. What’s truly amazing is that ASP’s and ISV’s are spread all over the world-wide-web truly democratizing the internet and providing customers a wide range of choices and extremely attractive price points. Think of just about any application functionality – blog, forum, photo gallery, classifieds, dating site, social networking etc. – and you will find more than a handful of options ranging from free scripts, freeware, shareware to high priced SaaS (software-as-a-service) based full-fledged solutions. All of them just a proper search term and a few Google pages away… Given this vast choice, whenever we build applications for our clients, we often face this age-old question: Build or Buy? Sometimes, we ask this of ourselves, and other times, our clients ask us. The answer to this question can have profound cost and strategic implications as we move down the product life cycle. The answer is not always simple or at least not one that can always be arrived at with just a casual consideration. As any good project manager will tell you, the devil is in the details! So what are some key factors that are important to consider in answering this question that usually has critical economic and strategic implications?

As you can see, when you consider all of these factors, the decision requires a thorough analysis from multiple angles

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– technology, legal, business, marketing and finance. A good decision avoids expensive reworks later. Sometimes, when the window of opportunity is lost or under exploited because of incorrect buy or build

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can be very costly! Learn more about web application development services, or post a comment to share with us your thoughts.

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