
Build vs. Buy is Out: Today it's Trust vs. Control


Jamie Cash, SVP Technology for World Travel Holdings, Inc.
Trust. It’s a word that’s thrown around quite a bit in the tech industry. Zero-trust is all the rage in security circles. Conversations about the data we share with social media and other “free” consumer services inevitably center around whether those services can be trusted with the information. The concerns about pervasive AI stem from the question of whether we can trust what comes out of the black box. But perhaps there’s no more important arena for the discussion of trust than the world of cloud computing and software-as-a-service.
In the world of enterprise solutions, cloud services (and by extension any X-as-a-service provider) operate in an economy of trust, asking their customers to hand over control of critical business processes in search of some benefit—lower economic costs, better customer experience, etc. To some degree, this isn’t all that new--all business relationships are based on trust. At World Travel Holdings, the nation’s largest cruise travel agency, our customers trust us to take on the challenges of planning a complex vacation for them and their loved ones. In our franchise division, Dream Vacations, our franchise owners trust us to provide them with the systems, supplier relations, and support they need to enable them to focus on building their businesses and delivering excellent service. What marks the transition to cloud and X-as-a-service is the degree to which previously core elements of service and/or infrastructure are delegated beyond the control of the enterprise.
​Building a solution for an Ag cloud-based decision systemfrom the expense consideration has taken on a different approach from the traditional capital expenditure
Build vs. buy is not without its uses—and it certainly presents a simpler way to quantify the tradeoffs. The total cost of ownership analyses has been an essential part of any software or infrastructure product selection for decades. Our CFO peers are used to seeing them, our boards are used to demanding them. Perhaps now is the best time to shift the conversation to the less tangible question of “Where is it absolutely necessary to retain control, and where can we grow faster by finding partners to trust?” This isn’t just a useful IT exercise but, properly deployed, can be a strategic lens with which everything not essential can be stripped away, clarifying the purpose of the enterprise, and allowing it to grow in new and exciting ways, securely in partnership with trusted allies.
Featured Vendors
EDITOR'S PICK
Essential Technology Elements Necessary To Enable...
By Leni Kaufman, VP & CIO, Newport News Shipbuilding
Comparative Data Among Physician Peers
By George Evans, CIO, Singing River Health System
Monitoring Technologies Without Human Intervention
By John Kamin, EVP and CIO, Old National Bancorp
Unlocking the Value of Connected Cars
By Elliot Garbus, VP-IoT Solutions Group & GM-Automotive...
Digital Innovation Giving Rise to New Capabilities
By Gregory Morrison, SVP & CIO, Cox Enterprises
Staying Connected to Organizational Priorities is Vital...
By Alberto Ruocco, CIO, American Electric Power
Comprehensible Distribution of Training and Information...
By Sam Lamonica, CIO & VP Information Systems, Rosendin...
The Current Focus is On Comprehensive Solutions
By Sergey Cherkasov, CIO, PhosAgro
Big Data Analytics and Its Impact on the Supply Chain
By Pascal Becotte, MD-Global Supply Chain Practice for the...
Technology's Impact on Field Services
By Stephen Caulfield, Executive Director, Global Field...
Carmax, the Automobile Business with IT at the Core
By Shamim Mohammad, SVP & CIO, CarMax
The CIO's role in rethinking the scope of EPM for...
By Ronald Seymore, Managing Director, Enterprise Performance...
Driving Insurance Agent Productivity with Mobile and Big...
By Brad Bodell, SVP and CIO, CNO Financial Group, Inc.
Transformative Impact On The IT Landscape
By Jim Whitehurst, CEO, Red Hat
Get Ready for an IT Renaissance: Brought to You by Big...
By Clark Golestani, EVP and CIO, Merck
Four Initiatives Driving ECM Innovation
By Scott Craig, Vice President of Product Marketing, Lexmark...
Technology to Leverage and Enable
By Dave Kipe, SVP, Global Operations, Scholastic Inc.
By Meerah Rajavel, CIO, Forcepoint
AI is the New UI-AI + UX + DesignOps
By Amit Bahree, Executive, Global Technology and Innovation,...
Evolving Role of the CIO - Enabling Business Execution...
By Greg Tacchetti, CIO, State Auto Insurance
Read Also
What It Truly Means For IT Security To Bea Business Enabler
Digital Transformation 2 Requires a CIO v2.x
Leverage ChatGPT the Right Way through Well-Designed Prompts
Water Strategies for Climate Adaption
Policy is a Key Solution to Stopping Packaging Waste
Congestion-Driven Basis Risk, A Challenge for the Development of...
