Buy, build or govern: The CIO decision model AI just broke
- CIOs traditionally favored buying software unless there was a compelling reason to build.
- AI has disrupted the buy-versus-build model by lowering the cost and time required for software development.
- The new decision framework for CIOs includes buy, build, or govern, reflecting the need for accountability in technology choices.
The transition from a buy-versus-build mindset to a more complex framework of buy, build, or govern is essential for CIOs in the AI era. This shift not only reflects the changing landscape of technology but also underscores the importance of accountability and discernment in decision-making. Organizations must critically evaluate their technology strategies to ensure they are aligned with the demands of the AI-driven economy.
