GLossary
Build vs. Buy Software
Strategic decision-making process evaluating in-house software development against purchasing existing solutions.
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Build vs. Buy Software is a decision-making process that businesses face when evaluating whether to develop software in-house or purchase an existing solution from a third-party vendor. When organizations need new software, they weigh factors like cost, time, expertise, and scalability. Building custom software offers tailored functionality but requires significant investment in development resources and maintenance. Buying off-the-shelf software, on the other hand, can be faster and more cost-effective, especially when the software comes with continuous updates and support from the vendor.
For companies considering virtual IT lab platforms, Instruqt represents a strategic buy decision. By choosing Instruqt, businesses can avoid the complexities and expenses of building and maintaining in-house lab environments while benefiting from a scalable, customizable solution that accelerates product adoption and training.