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Every growing business reaches the point where it seeks a streamlined solution to handle its corporate data, whether it’s related to worker health & safety, environment and sustainability or quality. At some point, you’re going to have to ask yourself: Do we build our own solution, or do we turn to an established software vendor?
According to research from The Standish Group, U.S. businesses spend nearly $300 billion annually trying to develop in-house solutions, but only 25% of projects succeed, nearly 50% are highly challenged and 25% fail outright. Unless you like betting on a longshot, you should consider researching and purchasing a solution that fits your needs. Intelex’s report, Build or Buy? When It Comes to Software, Buy Might Be the Right Choice for You, explains why “buy” could be the right choice for you, saving your organisation money and valuable time in the long run.