Your organization needs a new software application to solve a particular business challenge. For example, you’ve amassed a large amount of product photography and now need a single repository to store and manage all of the versions. Or, you’re looking for a configurator tool that will help your customers drill down to the exact part they need. You already know many of the required features of this particular application. And, you may have seen applications out there that are close to what you’re looking for.
Now the big question: Should you have this application custom-built or find a Software-as-a-Service (SaaS) solution?
While every situation comes with its own set of unique variables, there are some universal factors to consider. This decision tree might help you get to the next step.