When Not to Build Your Own IT Solution

A small business owner in Kokand, Jamshid, spends a considerable amount of time and resources each month resolving issues in digital systems. His team wants to handle it on their own, but they are tired of this routine. Has your business faced a similar situation?

Buying saves time and money

Ready-made software products, like Payme, Click, or other fintech apps, often save time and money. Creating your own solution often leads to excessive costs and delays. If there is a suitable solution on the market, purchasing it is usually the better choice.

Do you need flexibility?

Off-the-shelf products are sufficient for standard needs, but if you need a solution for unique, custom processes, creating your own might be better. However, this requires more time and resources.

Assess your team's technical capability

As seen in Jamshid's example, lacking technical skills can drag your business down. Evaluate your team's qualifications realistically, otherwise buying a ready-made product might be the better option.

Ease of implementation

Ready-made programs are often ready to use and allow your team to learn more easily. Implementing such programs typically doesn't require many technical skills, allowing your staff to focus on core tasks.

Maintenance and updates

Market solutions are typically updated regularly. Additionally, maintenance won't be an issue. If you wish to create something of your own, be prepared to take on these costs and responsibilities.