Build or Buy - What’s your go to?

Utkarsh Gupta
3 replies
How do you choose whether you should something in-house or buy a service or product offered by someone else?

Replies

Bhaskar Pratim
The decision to build in-house or buy a service or product offered by someone else depends on several factors, including: Cost: Building in-house can be more expensive in terms of time and resources, while buying may have upfront costs but potentially lower long-term costs. Expertise: If your company has the necessary expertise and resources, building in-house may be a better option. However, if the expertise is lacking, buying may be the better choice. Customization: If you need a highly customized solution, building in-house may be the only option. Speed: Buying a pre-made solution may be quicker than building in-house. Scalability: Consider whether the solution needs to scale quickly, as building in-house may be more flexible in this regard. Maintenance: Consider who will be responsible for maintaining the solution, as buying may offload this responsibility to the vendor.
Gautam Srivastava
Completely depends on your core business. If it is something that gives your business defensibility, then build it. If it is something that is a good to have but not critical to your business right away, then buy it!
Uttam Gaikwad
Build only! Why else are you asking this on PH! 😎