Rethinking Platform Development: A Critical Analysis
Building an in-house platform can seem like a golden ticket to scalability and control. However, the path is fraught with complexities and pitfalls that can derail your project and exhaust resources.
I recently published a post on VMBlog highlighting five crucial reasons why building a platform may not be the best choice for your organization.
Key Takeaways
- Cost Inefficiency: Development and maintenance costs can rapidly escalate.
- Technical Debt: Quick solutions often lead to long-term debt.
- Resource Drain: High-quality talent is diverted from other valuable projects.
- Time-to-Market: Extended development phases can make you miss market opportunities.
- Focus Shift: The organization’s core focus can become diluted.
Why You Should Read It
- In-depth Analysis: The VMBlog article goes into detail about the risks and drawbacks, providing real-world examples and data to back the arguments.
- Technical Audience: Written for technical decision-makers, the post eschews fluff in favor of straight facts and actionable insights.
- Unbiased Perspective: Coming from a leader in the product space, this is not an academic hypothesis but a practical cautionary tale.
Conclusion
Before diving into platform development, understanding the challenges is crucial. This VMBlog post is a comprehensive guide that prompts you to think twice and strategize better.
For those in the decision-making echelons of tech companies, this is a must-read.
Abeysinghe, Asanka. 2023a. “Why Building a Platform May Not Be Your Best Bet — Exploring Five Critical Reasons : @VMblog.” VMblog.Com. October 6, 2023. https://vmblog.com/archive/2023/10/06/why-building-a-platform-may-not-be-your-best-bet-exploring-five-critical-reasons.aspx
