Build or buy? What industry leaders are choosing

In 2024, integrating AI into business processes and products is a clear goal for many organizations, but the path to implementation can be complex. The primary barriers include technical complexity, team bandwidth, cost, speed of iteration, and data security, privacy, and compliance. Organizations must decide whether to build in-house, use open-source tools, or partner with AI providers. Each option has its pros and cons, such as full control and customization for in-house builds, flexibility and shared innovations for open-source tools, and faster time to market and dedicated support teams for AI providers. The right approach depends on an organization's unique goals, resources, and expertise. Strategic partnerships with AI providers can help businesses overcome challenges and think bigger while moving faster.