Nearly all companies face this decision as they grow: To stick with off-the-shelf software or invest in custom software development. Increasing growth in business automation requires all organizations to face the “build or buy” dilemma.
One approach is to inquire if there is already a software solution out there that provides more than 80% of the necessary features required by the organization. To make this choice, certain factors like budget, nature of the enterprise, etc should be considered fully.
In terms of efficiency, functionality, and usability, there is a huge difference between having an off the shelf solution versus a custom one. Therefore, before deciding which type of software would best meet your business’ needs, you should consider the benefits and limitations of both; off-the-shelf and custom software.
By understanding the biggest differences between these two types, it makes it easier to make the right choice.