What are the disadvantages of inhouse development?

TABLE 4. Advantages and Disadvantages of 'In-house development' Option

ADVANTAGES

DISADVANTAGES

· Best fit with the company requirements

· Have control over software improvements

· Have all of the required features

· Main core competencies and maintain level of quality service

· Make a distinction with other companies

· Required more IT personnel

· High overhead cost

· Time consuming

· Problem with usability of the system

· High switching cost

· Difficult to update to newer technology