To build, or to buy? That's the question technology companies typically face when evaluating solutions for software licensing, entitlement management, and compliance – and getting these factors right is essential for success, particularly for SaaS product development. At its core, this decision boils down to three choices: create a homegrown solution, leverage a purpose-built platform, or do nothing at all.
This guide explores the possible scenarios for each of these approaches and lays out key considerations to keep in mind, such as:
- The types of licensing and monetization models your business needs to support – and whether these will change over time as you transition to SaaS revenue models
- Engineering and resource considerations; would maintaining an in-house solution divert from core product development?
- Standardizing the customer experience and enabling self-service across all product lines, from on-premises to SaaS implementation
- The need to monitor compliance and the benefits of tracking usage
Whether you are considering a homegrown option, a purpose-built solution, or even doing nothing for your software monetization needs, this guide is worth a read. Download your copy today for practical insights on how to build a SaaS product, streamline operations, and grow recurring revenue.
