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