a) Buy the applications (turnkey approach)Lease
–Types of leasing vendors
• Lease the application from an outsourcer and install it on company premises
• Use an application system provider (ASP)
b) In-house development: insourcing
–Development approaches
• Build from scratch
• Build from components
c) Other development options
- Join an e-marketplace or exchange
- Join a third-party or reverse auction
- Joint ventures
- Join a consortia
- Hybrid approach
Kavungya answered the question on May 9, 2019 at 15:41
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