To Rent or to Buy? In Data Analytics, That Is the Question.

Posted by Maria Kliatchko on October 23, 2019

Which capabilities should a company build for itself, and which should it outsource to a vendor? Since the outsourcing era began about 30 years ago, this question has been pondered by generations of leaders. Some companies use specialized partners for everything, going as far as to say that only people with the potential to become the CEO should be employed. They believe that every specialist should be hired from outside because requirements continuously change, and it’s always easier to find a partner than reskill, rehire and lay off their own people. Other companies err on the side of insourcing, believing that it helps them to do things less expensively and protect their IP.

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