Acquiring it applications : available options
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This document outlines three options for acquiring software applications: buying an off-the-shelf package, leasing applications from application service providers, or developing applications in-house. Buying is cost-effective and time-saving but software may not fully meet needs, while leasing allows experimenting with different packages and vendors provide support. Developing in-house ensures exact requirements are met but is costly and time-consuming.
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বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
Acquiring it applications : available options
- 1. Available options - Soham Railkar
- 2. Available options Buy Lease Develop in-house
- 3. Buy(off-the-shelf approach) Buying an existing package rather than developing Cost-effective Time saving Applications can buy multiple packages Ensuring critical features before buying is must Some vendors allow modifications in package.
- 4. Disadvantages of Buy approach Software may not exactly meet company’s needs May hard to modify May hard to integrate with existing system Vendors may drop the support for product.
- 5. Lease approach Cost and time saving Experiment with different packages Lease applications from ASP’s. Vendors can help with installation and maintenance service. ASP( Microsoft, IBM, Infosys) SaaS-mostly web based application use this type of lease.
- 6. In-house development Time consuming and costly Challenging task Provide exact packages required by the organizations. Easily integrate with system Developing options for in-house development
- 7. Developing options for in-house development Build from scratch Build from components Integrating applications