Question

Compare and contrast the assests and liabilities of purchasing product software for security versus developing it in-house.

Answer 1

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Pros of developing an In-house Security Software for your business.

a) The organization has full ownership of the software developed and also its source code and the information picked up while creating it.

b) Fits precisely to the business prerequisites of the organization.

c) There is a connection between the improvement group and the client base which helps in correspondence and desire conveyance.

d) It gives the business organization the full power over the secuirty framework and its usefulness.

e) Enables you to separate from your rivals and stand ahead in the competition.

f) It can furnish the business with a more prominent upper hand.

Cons of developing an In-house Security Software for your business.

a) It tends to be expensive to keep up and enhance the framework to consistently address business issues.

b) It requires more IT staff which eventually lead to high overhead cost.

c) High switching costs while getting changed to newer technology.

d) It is time-consuming to develop an in-house IT system comparing to ready-made software purchase.

Pros of purchasing Security software for your business.

a) End up with getting a proven existing solution that too ready to use Security software for business.

b) A business organization is furnished with master support and training.

c) The Security Software vendors spend numerous hours creating testing and developing the Security Application system (this outcome in fewer bugs, better utilitarian frameworks in terms of functions).

d) No requirement for consistent upkeep or maintenance.

e) Implementation of best industry practices and standards.

f) Financially savvy.

Cons of purchasing Security software for your business.

a) The organization needs to depend on the seller for specialized help when issues come up.

b) The software vendor holds the rights to the code.

c) System functionality is controlled by the merchant