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Building vs Buying Software

  1. Building vs Buying Software Nikolay Stoitsev Sr Engineering Manager @ Halo Diagnostics stoitsev.com/openfest22
  2. People are reluctant to consider buying because… stoitsev.com/openfest22
  3. But we are special or in unique situation stoitsev.com/openfest22
  4. But it’s not invented here stoitsev.com/openfest22
  5. But are we real engineers stoitsev.com/openfest22
  6. Why buying? stoitsev.com/openfest22
  7. Opportunity cost stoitsev.com/openfest22
  8. stoitsev.com/openfest22
  9. Value for customers stoitsev.com/openfest22
  10. Value for customers Features sorted by value for customers stoitsev.com/openfest22
  11. Value for customers Features sorted by value for customers stoitsev.com/openfest22
  12. Value for customers Features sorted by value for customers stoitsev.com/openfest22
  13. Value for customers Features sorted by value for customers Focus here Don’t Focus here stoitsev.com/openfest22
  14. It’s often cheaper stoitsev.com/openfest22
  15. Faster time to market stoitsev.com/openfest22
  16. stoitsev.com/openfest22 Pitfalls when buying
  17. Underestimating the integration stoitsev.com/openfest22
  18. Over customizing stoitsev.com/openfest22
  19. Evaluating every option for every decision stoitsev.com/openfest22
  20. stoitsev.com/openfest22 You need a strategy
  21. 3 simple tests Is it core to your business? stoitsev.com/openfest22
  22. 3 simple tests Is it core to your business? Will you need to change it regularly? stoitsev.com/openfest22
  23. 3 simple tests Is it core to your business? Will you need to change it regularly? Does it need to adapt to changes quickly? stoitsev.com/openfest22
  24. Wardley Map stoitsev.com/openfest22
  25. Value chain Invisible Visible USER FACING FEATURES stoitsev.com/openfest22
  26. Value chain Invisible Visible INFRASTRUCTURE stoitsev.com/openfest22
  27. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible Unique and newly discovered
  28. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible Uncommon and still learning about
  29. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible Common and better understood
  30. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible Highly standardised
  31. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible Common and better understood Uncommon and still learning about Unique and newly discovered Highly standardised
  32. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible patient Start with your users
  33. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible patient scheduling scan prep info Define user needs
  34. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible patient scheduling scan modality calendar prep info sms notifications EHR
  35. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible patient scheduling scan modality calendar prep info sms notifications EHR PACS ITL viewer
  36. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible patient scheduling scan modality calendar prep info sms notifications EHR PACS ITL viewer BUY BUY BUY BUY BUILD BUILD
  37. Value chain Genesis Custom Built Product Commodity Evolution Invisible Visible patient scheduling scan modality calendar prep info sms notifications EHR PACS ITL viewer BUY BUY BUY BUY BUILD BUILD OPEN SOURCE EHR
  38. stoitsev.com/openfest22 How to pick what to buy
  39. Make a wish list stoitsev.com/openfest22
  40. There will be missing features stoitsev.com/openfest22
  41. You will never have a perfect picture stoitsev.com/openfest22
  42. Find your vendors and keep a scoresheet Feature A Feature B Feature C First Vendor Yes No No Second Vendor Yes No No, but possible Third Vendor Partially Yes No stoitsev.com/openfest22
  43. Example considerations ● Company information ● Company financial information ● Features ● Pricing ● Risks - reputational, security, operational stoitsev.com/openfest22
  44. Vendor management is super important stoitsev.com/openfest22
  45. But my company doesn’t buy software stoitsev.com/openfest22
  46. Start with a small experiment stoitsev.com/openfest22
  47. Build a case stoitsev.com/openfest22
  48. Summary 1. You can buy and integrate ready-made solutions stoitsev.com/openfest22
  49. Summary 1. You can buy and integrate ready-made solutions 2. Think about opportunity cost and time to market stoitsev.com/openfest22
  50. Summary 1. You can buy and integrate ready-made solutions 2. Think about opportunity cost and time to market 3. Beware of the pitfalls when buying and integrating stoitsev.com/openfest22
  51. Summary 1. You can buy and integrate ready-made solutions 2. Think about opportunity cost and time to market 3. Beware of the pitfalls when buying and integrating 4. Have a strategy stoitsev.com/openfest22
  52. Summary 1. You can buy and integrate ready-made solutions 2. Think about opportunity cost and time to market 3. Beware of the pitfalls when buying and integrating 4. Have a strategy 5. Vendor management is super important stoitsev.com/openfest22
  53. Thank you! Q&A Nikolay Stoitsev Sr Engineering Manager at Halo Diagnostics Photos by ThisIsEngineering, cottonbro, mentatdgt, Pixabay, Steve Johnson, Daniel Reche, veeterzy, Ricardo Esquivel, picjumbo, Tima Miroshnichenko, and Christina Morillo from Pexel stoitsev.com/openfest22
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