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Rackspace Technology survey sheds light on the shifting application build vs . buy equation
Rackspace Technology reveals that while the ratio of building vs . buying applications has not changed , the way that customers assess whether to build or buy has changed .
ackspace Technology , a
R leading end-to-end multicloud technology solutions company , announced the results of a new survey , To Build or To Buy ?, which reveals that while the ratio of building vs . buying applications has not changed , the way that customers assess whether to build or buy has changed .
Enterprises are consistently weighing the benefits and drawbacks of building their own solutions in-house or purchasing existing solutions to fit their individual needs . Over the past decade , this decision has been heavily driven by the accessibility and ease of each approach . Consequently , the build / buy equation has fluctuated back and forth , with organisational preferences leaning towards the method with the most accessible tools at the moment . The latest survey by Rackspace Technology takes a closer look at what the future of compute holds for the build / buy equation .
The key findings from the To Build or To Buy ? survey by Rackspace Technology include the following highlights :
• The decision to build applications vs . buy applications is becoming more strategic – The research reveals that tech decision-makers don ’ t plan to move strictly away from build and towards buy ( or vice versa ), but rather to shift in strategically choosing when to build and when to buy . For example , 72 % of participants prioritise building customised applications for customer-facing purposes because it creates differentiation . With hiring and training skilled workers among the greatest business challenges today , it is essential that valuable developer hours be used to build applications that customers will notice and will eventually impact revenue . In fact , 67 % of respondents agreed that Digital Transformation and the need for differentiation is driving the need to build applications in-house .
• In cases where organisations choose to build , adoption of low-code / no-code solutions will increase – The high preference for low-code / no-code solutions appears to continue the trend of ‘ working smarter ’ even within the build approach , democratising application development and allowing organisations to leverage userfriendly build tools to bridge the gap in developer skillsets . When building applications , 72 % of participants said their organisation uses low-code / nocode platforms and 86 % said they are satisfied or extremely satisfied with low-code / no-code developments .
• In cases where organisations choose to buy , SaaS adoption will increase – SaaS products are rising in favour as they continue to become more robust in capabilities , highly customisable and easier to implement . Rackspace Technology ’ s research indicates a rise in SaaS as the preferred option when buying applications to enhance crucial but non-differentiating areas of business . Of survey respondents , 62 % said ease of use and implementation is the main reason for buying software . Further , 65 % of participants did say that with today ’ s SaaS advancements and customisations , it is possible to create differentiation in a pure SaaS world . ◊ www . intelligentdatacentres . com
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