Have you identified a business problem that can be solved with the right kind of software? Excellent! The next big decision on your plate is probably going to be choosing between custom and off-the-shelf software—buying an existing system, like a SaaS (Software as a Service) product, or building your own custom software.
See the telltale signs of a business that needs to build custom.
Do you need a solution faster than custom development can accommodate, but there’s nothing on the market that fits your needs to a T? That’s usually the case.
If you don’t have the time to wait for custom development or the budget to invest in it, or you want to validate your custom solution before you undertake building it from scratch, you can buy AND build.
Buying and extending involves starting with an existing software platform that allows custom development on top of the core system. Extendable systems can be open source or licensed platforms.
Because you’re starting with a base system, an MVP can be spun up more quickly than with full-blown custom development. Once the base is configured the way you want, you can build custom components (also known as widgets or plugins) to expand and customize your capabilities in the platform.
In other words, you can get the best of both worlds: fast implementation and personalization.
Buying and extending doesn’t result in a completely personalized solution, and you still don’t have control over how the core software evolves over time. But it can be a great option to give you a quick and cost-effective solution to a business problem.
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