How a Bolt-on IIoT Solution can help Optimize your Maintenance Process
With the new wave of digital automation upon us, the expectations for software have expanded, especially in the maintenance industry. Your ERP is a necessary resource to keep your business running optimally, but more and more the maintenance industry is developing needs beyond that of their ERP. “There’s no ERP system that’s going to do everything a company needs to do”, said Paul Hamerman, VP and Principal Analyst of Forrester Research. This is where third-party software comes in to play.
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When your organization realizes you have additional software needs that your ERP does not meet, the first question you will likely face is “Do we build our own software or do we buy a prebuilt software?” While this question is always difficult to answer, it is easy to make the wrong decision.
The initial response may be to build rather than buy. It seems logical to build a software that meets your organization’s every specific need. When you look deeper into the question, however, the pros of buying a software to meet your additional needs far outweigh the pros of building a custom software.
Two Heads are Better than One
When you buy a software, you are not only buying the knowledge of the software providers but more importantly, you are buying the knowledge of their customers and your peers in the industry. You skip past all the beginner mistakes and dive right into a high-level product that prevents problems you didn’t even know you may face.
Upkeep is expensive, You are buying more than Software
It takes a lot of time and technical knowledge to build software. Often you will discover that your immediate team does not have the technical know-how or the time to build a custom product. The upfront cost of bringing in a consultant to build the product can be steep. What organizations often don’t consider is the continuing cost of keeping the product up to date. Obstacles such as new technology standards and upgrades to integrated software require dedication to ensure the product continues to work over time. In addition to software upgrades, there is training new employees, bug corrections, and support that need dedicated resources. When you buy a prebuilt software from a vendor, you not only get their knowledge and experience, but you get built in bug fixes, implementation, and training resources and support. While the upfront cost of a prebuilt system may be more expensive, it is actually a lot cheaper in the long run.
It’s not Competitive.
If your organization is not a software company by trade, you need to ask yourself “will putting our time, money and resources into building a custom software actually help us?” The time commitment alone to build a software is exponential. Does it give you a competitive advantage to make that a priority over your real business trade?
What Happens when you Buy:
VIZIYA partners with the top ERP vendors to provide specialized asset management software with advanced functionality designed specifically for the day to day lives of the asset management world. It adds on to the diverse functionality of your ERP to provide you with a high-end prebuilt product that meets your additional needs.