Any PM or technical leader who’s led the charge of building a digital product knows that product engineering is one of the most expensive elements of business. In most cases, actually building software should be the last avenue that companies explore to deliver great products, as software engineering, data science and product development are complex, uncertain and hard to manage.
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The Product Dev Conundrum: To Build or Buy in a Digital World?
1. The Product Dev Conundrum:
To Build or Buy in a Digital World?
Mark Ridley Eve Lyons-Berg
With: Moderated by:
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5. The Product Dev Conundrum:
To Build or Buy?
Click on the Questions panel to
interact with the presenters
https://www.ctouniverse.com/frs/13031411/the-product-dev-conundrum--to-build-or-b
uy-in-a-digital-world-
https://www.productmanagementtoday.com/frs/13031411/the-product-dev-conundrum--
to-build-or-buy-in-a-digital-world-
6. About Mark Ridley
Mark Ridley is an entrepreneur and technologist working with startups and corporates to ensure that technology
is used creatively and effectively to support their strategy. Recognized as one of the top ten CIOs in the UK, he
writes and speaks regularly about the use of technology, agile methodologies and digital working.
Mark was the technical co-founder of reed.co.uk, the largest job site in the UK, where he served as technology
director during its growth from four people to over 350. At Reed, he created the internal incubator, Monday Labs,
to seed new business ideas, before leaving to join Accenture to help establish their new innovation hub in Dublin.
From 2017, Mark served as Group CTO of venture builder Blenheim Chalcot, working with CEOs and CTOs
across the portfolio on product and technology strategy. Now at Ridley Industries he advises executive teams,
investors and company boards in industries as diverse as healthcare, education, financial services and publishing.
About Eve Lyons-Berg
Eve works with Aggregage as editor, content marketer, and webinar host on sites including CTO Universe,
Information Management Today, and eLearning Learning. Eve graduated in 2017 from Grinnell College, where she
majored in English and took an eclectic assortment of courses.
21. COST
TIME
How long this will
really take, and
how much it will
actually cost.
How long you expect this
to take, and how much
you think it will cost.
22. “In my experience, software
engineering teams normally take
twice as long as they think to
deliver an MVP, and even then it
won’t usually pass a third party
penetration test first time"
Marcus Corner, CTO
37. Photo by Ibrahim Rifath on Unsplash
THE BEST MODERN
PRODUCT TEAMS
ARE
QUILTMAKERS
38. Regarding Salesforce... in building a product to sell
on to a large group of customers, does it make
sense to tie yourself to a SaaS like Salesforce?
39. Are there any sites or tools you recommend to
investigate products on the market?
Stackshare: https://stackshare.io/
G2 Crowd: https://www.g2.com/
Gartner
40. I have seen cost and subscriptions become an
issue when relying on other technology.
The more dependent you become on their
technology, the more they know they can ask for
more or leave you in a tight spot on requests you
have to scale effectively. How do you avoid this?
41. What are off-the-shelf platforms/services that allow
you to build “customer logged-in areas” and client
specific data when logged-in? —> this is where
most people believe their product is unique and
must developed from scratch
Auth0: https://www.auth0.com/
42. Any recommendations for building an MVP (other
than meeting security/privacy and other ground
rules)
43. When considering whether to rely on 3rd parties is
that you are at the mercy of their decisions and
roadmap.
I’d argue that the most components you
incorporate, the cost and impact of continuously
updating the integration to the 3rd party needs to
be taking into consideration. What is your take on
this?
45. The Product Dev Conundrum:
To Build or Buy?
Q&A
Eve Lyons-Berg
With: Moderated by:
Founder, Ridley Industries
Linkedin page: /in/markridley/
Twitter ID: @mark_ridley
Website: https://ridley.co/
Mark Ridley
Editor, Aggregage
Linkedin page: /in/evelyonsberg/
Twitter ID: @ctouniverse
Email: eve@aggregage.com
Website: ctouniverse.com
https://www.ctouniverse.com/frs/13031411/the-product-dev-conundrum--to-build-or-bu
y-in-a-digital-world-
https://www.productmanagementtoday.com/frs/13031411/the-product-dev-conundrum-
-to-build-or-buy-in-a-digital-world-
46. Does a ‘buy’ option even exist? Is it demonstrably cheaper to build than buy?
Is there a strong justification to own the IP? Does this IP solve a problem for other
companies?