The make-or-buy decision for AI software for production systems and their components is to decide whether AI should be developed in-house or purchased. This requires answering specific questions about technology and management and addressing criteria such as time and expertise. AI software has many advantages for companies but also has significant requirements.
Make-or-buy guide: tips and recommendations
An important question for making management and strategic decisions: do I do it all in-house or do I buy in know-how or resources? The decision whether to make or buy is also a key factor in cost optimization.
This makes a thoroughly considered decision that takes all the key factors into account all the more important. This is exactly how our Make or Buy Guide helps you. Get your free guide now, including:
important criteria for a make or buy decision in an industrial environment
special features and differences for OEMs and end users
specific decision-making criteria for software and AI applications
Make-or-buy: step by step to the decision
The advantages and disadvantages of make-or-buy
In short: a solution developed in-house is time-consuming but flexible and adaptable. A purchased solution saves time and money, but may not be an exact fit for the company's requirements.
The most important decision criteria
All criteria such as time, costs, employees, know-how, scalability, training, etc. must be taken into account when deciding whether to develop in-house or outsource.
The special features of AI in industry
In addition to the criteria noted above, other factors also play a role in AI software. For example, quality, availability and protection of the data.
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