‘Build vs Buy’ in a bi-modal world

With the rampant pace of change in almost every business sector today, having the right technology to support business agility has become critical.

These waves of disruption are caused by converging trends like high-speed connectivity, Cloud computing, mobility, Big Data, social media, intelligent process automation, digital transformation and the Internet of Things… (to name a few).

Emerging from this flurry of activity is the concept of ‘bi-modal IT’ – the coexistence of traditional IT (stability, efficiency and security) with newer-age principles such as agility, scalability, innovation, and exploring frontier digitization.

Bi-modal IT, and the new marketplaces that are emerging in today’s increasingly digital world, are throwing new perspectives onto the perennial technology debate known as ‘build vs buy’.

Simply put, ‘build vs buy’ is the conundrum facing organisations when considering their future IT needs – should I build a customised business solution from scratch, or shape an off-the-shelf product provided by a third party?

Staying ahead of the pack

To achieve sustainable competitive advantage – to be faster, more flexible, more extensible, and more differentiated from the market – it seems the pendulum is swinging back towards ‘build’ as the best option in most cases.

Read more at outsystems.co.za