We just published a piece on BostInno on when large companies should OEM vs. build a product in house. The build vs. partner decision is a big one for large companies, particularly ones looking to get into competitive cloud spaces such as cloud storage.

The top two questions on all of these decision-makers’ minds are: ‘How much will it cost?,’ and ‘How fast can we deliver the product?’ Cost and speed are two major concerns, but there are also some other big factors that should go into the decision-making process when considering to build in-house or via a third-party partnership. The other key concerns we mention in the piece are:

• Speed
• Cost
• Maintenance
• Best Practices
• Focus

Teams, hiring, and managing people are as big a part in the decision to build in-house or to OEM-it as the cloud offering that you want to create. If you truly want a competitive advantage over others in your market, you need to think beyond speed and cost, and more about longevity. It can take a big investment to create a new offering, so it’s important you have a plan to support that product once it hits the market. Your examination of these areas will help you make the best educated decision for your company.

Check out the article!