If you choose to buy electronic equipment, its disadvantages are: 1) high initial cost; 2) limited functions; 3) limited compatibility with existing systems. However, the advantages are 1) faster implementation, 2) support from vendors, and 3) universal software. The advantages of building custom software are: 1) customization for the business; 2) stronger scalability; 3) different from competitors. The disadvantages are 1) the time to build, 2) also need to pay upfront costs, and 3) the software may malfunction during the development process.
Advantages: It can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself can arrive in real time.
Disadvantages: There is no precedent and no industry benchmark, the ready-made products bought in the open market are expensive, there are compatibility problems with the existing system, need to be customized, high cost and long research and development time.
Benefits:
1.ES provides real-time data for the managers and leaders of agents so that they can take timely actions to ensure business profitability.
2.Internal system to promote transparency across the Agency.
3. Save money.
4. The data transmission speed is faster.
Risks:
1. There is a risk of not being able to deliver in time.
2. Affected the credibility of IT within the organization.
Benefits: It can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself can arrive in real time.
Risks: There is no precedent and no industry benchmark
benefit:
1. ES provides real-time data for agent managers and leaders, and brakes them to take timely measures to ensure business profitability.
2. Internal system to promote selectivity across the IAEA.
3. Save money.
4. Speed up data transmission.
risk:
1. There is a risk of failure to deliver in time.
2. Affected the credibility of IT within the organization
Positive benefits(“pros”):1.It can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself can arrive in real time.
2.ES provides real-time data for the managers and leaders of agents so that they can take timely actions to ensure business profitability.
2.Internal system to promote transparency across the Agency.And the data transmission speed is faster.
Risks(“cons”): 1.There is no precedent and no industry benchmark, the ready-made products bought in the open market are expensive.2.There are compatibility problems with the existing system, need to be customized, high cost and long research and development time.
Buy:
Benefits:
1. Off-the-shelf systems usually cost less in the short term;
2. The time to implementation can be as soon as a few months or less;
3. In order to stay competitive, the purchased software will usually be updated regularly with new features and functionality.
Risks:
1. Off-the-shelf system solutions may cause Mudra to use outdated technology and miss out on opportunities to lead the industry;
2. Although off-the-shelf system may be cheaper at the time of initial purchase, its long-term cost may increase over time;
3. Vendor control solution updates, volume capacity and functions, all key decisions about software features and the future are out of your control;
Build:
Benefits:
1. The system can be customized according to Mudra’s office model and goals;
2. Full control of development also allows users to add new features when needed for better business development;
3. Employees can provide feedback to streamline their workflow;
4. When business software is tailored to include all the functionality you need in the ways you need it the most, your business can run like a well-oiled machine.
Risks:
1. It takes a lot time to collect the information of the organization’s work process to optimize the development of the system;
2. System maintenance costs are higher than expected.
BUY:
Pros:
Not have to handle the maintenance of the system and information security themselves;
Focusing on the core business;
Cost saving.
Cons:
Higher customization, more expensive.
BUILD:
Pros:
More cheaper;
Could have its own system to help the business a lot.
Cons:
No communication, no decision making;
Does not have such experience for development that ES package;
Is difficult to build.
Buy:
Benefits:
1. Off-the-shelf systems usually cost less in the short term；
2. Since there is no need to build, off-the-shelf system can be put into use faster;
3. Regularly update the purchased software with new features to stay competitive.
Risks:
1. When you buy off-the-shelf system, you’re using the same tool and features as many of your competitors, reducing your opportunity to gain a competitive advantage.
2. The long-term cost of an off-the-shelf system may increase over time, although it is cheaper at the initial purchase.
3. Off-the-shelf system solutions may cause Mudra to stop innovation, use outdated technology, and miss the opportunity to lead the industry.
Build:
Benefits:
1. With a custom software solution, you can gain the competitive advantage by leveraging the most efficient, connected, and scalable technology；
2. The system can be customized according to Mudra’s office model and goals；
3. Full control of user options, security measures and system updates.
Risks:
1. Custom software typically costs more upfront than pre-built software, which, depending on the size and profitability of your business, can be a deal-breaker；
2. The cost for companies to build their own system will be higher than that of the off-the-shelf system.
Benefits:
1. ES provides real-time data for the managers and leaders of agents so that they can take timely actions to ensure business profitability.
2. Internal system to promote transparency across the Agency.
3. Save money.
4. The data transmission speed is faster.
Risks:
1. There is a risk of not being able to deliver in time.
2. Affected the credibility of IT within the organization.
Pros:
1. ES provides real-time data for agent managers and leaders, and brakes them to take timely measures to ensure business profitability.
2. Internal system to promote selectivity across the IAEA.
3. Save money.
4. Speed up data transmission.
Cons:
1. There is a risk of failure to deliver in time.
2. Affected the credibility of IT within the organization
Advantages：
1. Provide real-time data for the agency’s managers and leaders.
2. The expedite of data transmission.
Disadvantages：
1. Package was expensive and generic in the open market.
2. Customized package took 65% of the cost.
Buy：
Benefit:1)Faster implementation;2)Support from suppliers;3)Common software
Risk:1)Limited function, poor compatibility with existing systems;2)High initial cost
Build：
Benefit:1)It can be changed flexibly according to its own needs and has strong compatibility;2)Save money;3)Unique, different from competitors
Risk:1)It takes a long time and energy to build the system;2)A lot of money needs to be invested in advance;3)There will be a series of unpredictable problems in the process of software development.
Advantages:
1, not only can eliminate the trouble of data transmission through tape and floppy disk, but also can carry out immediate transmission, updated transmission speed, data itself can be real-time transmission
2. ES provides real-time data for agents to ensure profitability
3. Internal systems improve transparency
4. Cost savings
Risk:
1. There is no precedent, no industry benchmark, and the price is expensive in the market
2. The existing system has compatibility problems, high cost and long development time
3. There are upfront costs to be paid and the software may break down during development
Benefit:
1. It is the off-the-shelf packages available in the open market
2. it will not only eliminate the hassle of transmitting data through tapes and floppy disks, but would also make the transmission of data immediate, and hence the data itself would arrive in real time.
Risk:
1. High cost
2. They require a great deal of customization
ES system
Advantages:
1. It can eliminate the trouble of transferring data through magnetic tape and floppy disk, so that the transmission of data can be carried out immediately, so that data can arrive in real time.
2. Automate short tasks.
Disadvantages:
1. ES has no established track record in the advertising industry in India.
2. Off-the-shelf packaging available on the open market is expensive, and if a company needs to customize it for its business needs, the price can be much higher than the price of generic packaging.
Advantages：
1. Faster implementation.
2. Provide real-time data for the agency’s managers and leaders.
3. High speed data transmission makes the data can arrive in real time.
Disadvantages：
1. Package was generic in the open market.
2. They require a great deal of customization and customized package took 65% of the cost.
Advantages：
At mudra, ES aims to provide managers and leaders of the organization with real-time data so that they can take timely action to ensure business profitability.
Network oriented ES is a logical way forward, because it can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself will arrive in real time.
A high degree of customized development (internal es to meet the needs of customers (advertisers and media), even in normal times).
The development of ES system, contrary to the choice of purchase, people can purchase an integrated package from the shelf and customize it – the construction route promotes the modular method in essence. Since each component can be built and tested separately before final integration, it provides flexibility for the design and development process, which is a valuable advantage.
Disadvantages：
The task of launching es also needs to work hand in hand with employees. companies need trainers who understand both the new system and the old system. They must also be internal and have a strong it orientation; however, If the internal IT resources composed of a large number of full-time employees are not only limited, but also stretched.
Advantage.
1: the time cost of the implementation process can be minimized.
2: let professional people maintain information security. Let professional people do professional things.
3: the most advanced system can be found in a very short time.
Risk.
1: high economic cost.
2: we need to train professional staff to use the system.
Advantages:
Data can arrive in real time so they could react timely
Internal system to promote transparency
Lower cost
Disadvantages：
Off-the-shelf system solutions may cause Mudra to use outdated technology and miss out on opportunities to lead the market;
Initial expenditure is cheap, its long-term maintenance cost may increase over time;
Vendor control solution updates and all key features about software are not controllable.
Pros of buying:
1. The time to implementation can be as soon as a few months or less;
2. In order to stay competitive, the purchased software will usually be updated regularly with new features and functionality.
Cons of buying:
1. Off-the-shelf system solutions may cause Mudra to use outdated technology and miss out on opportunities to lead the industry;
2. Vendor control solution updates, volume capacity and functions, all key decisions about software features and the future are out of your control;
Pros of building:
1. The system can be customized according to office model and goals;
2. Full control of development also allows users to add new features when needed for better business development;
Cons of building:
1. It takes a lot time to collect the information of the organization’s work process to optimize the development of the system;
2. System maintenance costs are higher than expected.
pros：The ES Package is developed in standard mode. After repeated debugging, it has been widely used and its quality is guaranteed. The purchase of commercial software can speed up the development progress of information system.
cons： Standardized software can greatly promote the transformation of the organization, especially the process, which brings difficulties and risks to the success of the enterprise.
benefits (“pros”) and risks (“cons”) of a build:
pros； The ES package design can be carried out according to the business characteristics and management functions of the enterprise itself, which can effectively avoid the complex setting and configuration functions in the general software, and is most close to the actual business and simple to use. Also The ES package design can be carried out according to the business characteristics and management functions of the enterprise itself, which can effectively avoid the complex setting and configuration functions in the general software, and is most close to the actual business and simple to use.
Cons： Develop the ES package by yourself and work on other aspects, the implementation cycle will be longer.Thus, not only the cost of software development must be considered, but also the opportunity cost of delaying the implementation of the ES Package.
PROS:
Save money.
Speed up data transmission.
packages available in the open market
CONS:
It takes a lot time to collect the information of the organization’s work process to optimize the development of the system;
need to train professional staff to use the system
If you choose to buy electronic equipment, its disadvantages are: 1) high initial cost; 2) limited functions; 3) limited compatibility with existing systems. However, the advantages are 1) faster implementation, 2) support from vendors, and 3) universal software. The advantages of building custom software are: 1) customization for the business; 2) stronger scalability; 3) different from competitors. The disadvantages are 1) the time to build, 2) also need to pay upfront costs, and 3) the software may malfunction during the development process.
Advantages: It can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself can arrive in real time.
Disadvantages: There is no precedent and no industry benchmark, the ready-made products bought in the open market are expensive, there are compatibility problems with the existing system, need to be customized, high cost and long research and development time.
Benefits:
1.ES provides real-time data for the managers and leaders of agents so that they can take timely actions to ensure business profitability.
2.Internal system to promote transparency across the Agency.
3. Save money.
4. The data transmission speed is faster.
Risks:
1. There is a risk of not being able to deliver in time.
2. Affected the credibility of IT within the organization.
Benefits: It can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself can arrive in real time.
Risks: There is no precedent and no industry benchmark
benefit:
1. ES provides real-time data for agent managers and leaders, and brakes them to take timely measures to ensure business profitability.
2. Internal system to promote selectivity across the IAEA.
3. Save money.
4. Speed up data transmission.
risk:
1. There is a risk of failure to deliver in time.
2. Affected the credibility of IT within the organization
Positive benefits(“pros”):1.It can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself can arrive in real time.
2.ES provides real-time data for the managers and leaders of agents so that they can take timely actions to ensure business profitability.
2.Internal system to promote transparency across the Agency.And the data transmission speed is faster.
Risks(“cons”): 1.There is no precedent and no industry benchmark, the ready-made products bought in the open market are expensive.2.There are compatibility problems with the existing system, need to be customized, high cost and long research and development time.
Buy:
Benefits:
1. Off-the-shelf systems usually cost less in the short term;
2. The time to implementation can be as soon as a few months or less;
3. In order to stay competitive, the purchased software will usually be updated regularly with new features and functionality.
Risks:
1. Off-the-shelf system solutions may cause Mudra to use outdated technology and miss out on opportunities to lead the industry;
2. Although off-the-shelf system may be cheaper at the time of initial purchase, its long-term cost may increase over time;
3. Vendor control solution updates, volume capacity and functions, all key decisions about software features and the future are out of your control;
Build:
Benefits:
1. The system can be customized according to Mudra’s office model and goals;
2. Full control of development also allows users to add new features when needed for better business development;
3. Employees can provide feedback to streamline their workflow;
4. When business software is tailored to include all the functionality you need in the ways you need it the most, your business can run like a well-oiled machine.
Risks:
1. It takes a lot time to collect the information of the organization’s work process to optimize the development of the system;
2. System maintenance costs are higher than expected.
BUY:
Pros:
Not have to handle the maintenance of the system and information security themselves;
Focusing on the core business;
Cost saving.
Cons:
Higher customization, more expensive.
BUILD:
Pros:
More cheaper;
Could have its own system to help the business a lot.
Cons:
No communication, no decision making;
Does not have such experience for development that ES package;
Is difficult to build.
Buy:
Benefits:
1. Off-the-shelf systems usually cost less in the short term；
2. Since there is no need to build, off-the-shelf system can be put into use faster;
3. Regularly update the purchased software with new features to stay competitive.
Risks:
1. When you buy off-the-shelf system, you’re using the same tool and features as many of your competitors, reducing your opportunity to gain a competitive advantage.
2. The long-term cost of an off-the-shelf system may increase over time, although it is cheaper at the initial purchase.
3. Off-the-shelf system solutions may cause Mudra to stop innovation, use outdated technology, and miss the opportunity to lead the industry.
Build:
Benefits:
1. With a custom software solution, you can gain the competitive advantage by leveraging the most efficient, connected, and scalable technology；
2. The system can be customized according to Mudra’s office model and goals；
3. Full control of user options, security measures and system updates.
Risks:
1. Custom software typically costs more upfront than pre-built software, which, depending on the size and profitability of your business, can be a deal-breaker；
2. The cost for companies to build their own system will be higher than that of the off-the-shelf system.
Benefits:
1. ES provides real-time data for the managers and leaders of agents so that they can take timely actions to ensure business profitability.
2. Internal system to promote transparency across the Agency.
3. Save money.
4. The data transmission speed is faster.
Risks:
1. There is a risk of not being able to deliver in time.
2. Affected the credibility of IT within the organization.
Pros:
1. ES provides real-time data for agent managers and leaders, and brakes them to take timely measures to ensure business profitability.
2. Internal system to promote selectivity across the IAEA.
3. Save money.
4. Speed up data transmission.
Cons:
1. There is a risk of failure to deliver in time.
2. Affected the credibility of IT within the organization
Advantages：
1. Provide real-time data for the agency’s managers and leaders.
2. The expedite of data transmission.
Disadvantages：
1. Package was expensive and generic in the open market.
2. Customized package took 65% of the cost.
Buy：
Benefit:1)Faster implementation;2)Support from suppliers;3)Common software
Risk:1)Limited function, poor compatibility with existing systems;2)High initial cost
Build：
Benefit:1)It can be changed flexibly according to its own needs and has strong compatibility;2)Save money;3)Unique, different from competitors
Risk:1)It takes a long time and energy to build the system;2)A lot of money needs to be invested in advance;3)There will be a series of unpredictable problems in the process of software development.
Advantages:
1, not only can eliminate the trouble of data transmission through tape and floppy disk, but also can carry out immediate transmission, updated transmission speed, data itself can be real-time transmission
2. ES provides real-time data for agents to ensure profitability
3. Internal systems improve transparency
4. Cost savings
Risk:
1. There is no precedent, no industry benchmark, and the price is expensive in the market
2. The existing system has compatibility problems, high cost and long development time
3. There are upfront costs to be paid and the software may break down during development
Benefit:
1. It is the off-the-shelf packages available in the open market
2. it will not only eliminate the hassle of transmitting data through tapes and floppy disks, but would also make the transmission of data immediate, and hence the data itself would arrive in real time.
Risk:
1. High cost
2. They require a great deal of customization
ES system
Advantages:
1. It can eliminate the trouble of transferring data through magnetic tape and floppy disk, so that the transmission of data can be carried out immediately, so that data can arrive in real time.
2. Automate short tasks.
Disadvantages:
1. ES has no established track record in the advertising industry in India.
2. Off-the-shelf packaging available on the open market is expensive, and if a company needs to customize it for its business needs, the price can be much higher than the price of generic packaging.
Advantages：
1. Faster implementation.
2. Provide real-time data for the agency’s managers and leaders.
3. High speed data transmission makes the data can arrive in real time.
Disadvantages：
1. Package was generic in the open market.
2. They require a great deal of customization and customized package took 65% of the cost.
Advantages：
At mudra, ES aims to provide managers and leaders of the organization with real-time data so that they can take timely action to ensure business profitability.
Network oriented ES is a logical way forward, because it can not only eliminate the trouble of data transmission through tape and floppy disk, but also make the data transmission immediately, so the data itself will arrive in real time.
A high degree of customized development (internal es to meet the needs of customers (advertisers and media), even in normal times).
The development of ES system, contrary to the choice of purchase, people can purchase an integrated package from the shelf and customize it – the construction route promotes the modular method in essence. Since each component can be built and tested separately before final integration, it provides flexibility for the design and development process, which is a valuable advantage.
Disadvantages：
The task of launching es also needs to work hand in hand with employees. companies need trainers who understand both the new system and the old system. They must also be internal and have a strong it orientation; however, If the internal IT resources composed of a large number of full-time employees are not only limited, but also stretched.
Advantage.
1: the time cost of the implementation process can be minimized.
2: let professional people maintain information security. Let professional people do professional things.
3: the most advanced system can be found in a very short time.
Risk.
1: high economic cost.
2: we need to train professional staff to use the system.
Advantages:
Data can arrive in real time so they could react timely
Internal system to promote transparency
Lower cost
Disadvantages：
Off-the-shelf system solutions may cause Mudra to use outdated technology and miss out on opportunities to lead the market;
Initial expenditure is cheap, its long-term maintenance cost may increase over time;
Vendor control solution updates and all key features about software are not controllable.
Pros of buying:
1. The time to implementation can be as soon as a few months or less;
2. In order to stay competitive, the purchased software will usually be updated regularly with new features and functionality.
Cons of buying:
1. Off-the-shelf system solutions may cause Mudra to use outdated technology and miss out on opportunities to lead the industry;
2. Vendor control solution updates, volume capacity and functions, all key decisions about software features and the future are out of your control;
Pros of building:
1. The system can be customized according to office model and goals;
2. Full control of development also allows users to add new features when needed for better business development;
Cons of building:
1. It takes a lot time to collect the information of the organization’s work process to optimize the development of the system;
2. System maintenance costs are higher than expected.
benefits (“pros”) and risks (“cons”) of a buy：
pros：The ES Package is developed in standard mode. After repeated debugging, it has been widely used and its quality is guaranteed. The purchase of commercial software can speed up the development progress of information system.
cons： Standardized software can greatly promote the transformation of the organization, especially the process, which brings difficulties and risks to the success of the enterprise.
benefits (“pros”) and risks (“cons”) of a build:
pros； The ES package design can be carried out according to the business characteristics and management functions of the enterprise itself, which can effectively avoid the complex setting and configuration functions in the general software, and is most close to the actual business and simple to use. Also The ES package design can be carried out according to the business characteristics and management functions of the enterprise itself, which can effectively avoid the complex setting and configuration functions in the general software, and is most close to the actual business and simple to use.
Cons： Develop the ES package by yourself and work on other aspects, the implementation cycle will be longer.Thus, not only the cost of software development must be considered, but also the opportunity cost of delaying the implementation of the ES Package.
PROS:
Save money.
Speed up data transmission.
packages available in the open market
CONS:
It takes a lot time to collect the information of the organization’s work process to optimize the development of the system;
need to train professional staff to use the system