Data and the ability to access that data quickly are the lifeblood of organizational decision-making. Often, employees waste hours a week searching for information. That time is better spent doing actual work—for them and for your organization’s bottom line. Choosing the right enterprise search solution (build vs. buy) can give this time back to your team.
Enterprise search tools enable employees to locate critical information quickly, streamlining workflows and improving productivity. When considering implementing a search solution, organizations can build an in-house solution or buy a purpose-built tool like GoSearch.
In this blog, we’ll explore the pros and cons of both approaches, highlight GoSearch’s capabilities, and address commonly asked questions to guide your decision-making process.
Quantifiable Benefits of an AI Enterprise Search Solution
An AI-powered enterprise search solution can yield significant quantifiable benefits, including cost savings, productivity enhancements, and revenue growth.
Here are some statistics to highlight these results:
- Productivity Gains: AI enterprise search reduces the time spent searching for information, allowing employees to focus on higher-value tasks. For example, 64% of employees report insufficient time for critical thinking, but AI can help alleviate this by automating repetitive tasks and providing quicker access to insights.
- Revenue ROI: On average, companies report a $3.50 return for every $1 invested in AI, driven by improved decision-making, faster workflows, and personalized customer interactions.
- Faster Deployment: According to studies, 92% of AI deployments show measurable results within 12 months, with some organizations experiencing positive ROI in as little as six months
- Cost Savings: Automating repetitive processes with AI reduces operational costs and minimizes errors, contributing to a leaner and more efficient workforce. AI can reduce administrative work by 30% or more.
These metrics illustrate how AI search solutions like GoSearch can provide immediate and long-term value across enterprises, from boosting employee efficiency to driving better business outcomes.
Now, let’s dive into the case of building vs. buying an enterprise search solution.
The Case for Building an Enterprise Search Solution
Building an enterprise search tool allows organizations to develop a solution uniquely tailored to their needs. However, it comes with significant challenges.
Advantages of Building:
- Complete Customization: A custom tool can address specific workflows, processes, and data structures.
- Proprietary Ownership: Owning the technology can differentiate your organization’s operations.
- Full Control: You manage the development pace, feature roadmap, and updates.
Challenges of Building:
- High Initial Costs: Building requires substantial investment in development resources and infrastructure.
- Extended Time-to-Market: Developing, testing, and deploying a search tool takes time, delaying the benefits.
- Resource Demands: Maintenance, upgrades, and troubleshooting require ongoing internal expertise.
- Scaling Complexities: Adapting and scaling a custom solution can be technically challenging as your organization grows.
The Case for Buying an Enterprise Search Solution
Purchasing a purpose-built solution, such as GoSearch, can provide immediate access to advanced features without the time or resource burden of building from scratch.
Advantages of Buying:
- Quick Implementation: Purpose-built solutions like GoSearch can be deployed rapidly, enabling faster time-to-value. Plus, you get unmatched support and feature enhancements.
- Advanced Features: AI-driven capabilities, multimodal search, and predictive analytics come standard.
- Integrations: Building and testing each integration takes time and resources to set up and maintain. Enterprise search solutions have proven expertise in data management.
- Lower Total Cost of Ownership (TCO): Subscription models reduce upfront costs and eliminate maintenance expenses.
- Expert Support: Dedicated technical support and ongoing updates ensure your solution stays cutting-edge.
Challenges of Buying:
- Limited Customization: While configurable, purpose-built tools may not meet niche requirements.
- Vendor Dependency: Relying on a third party could pose challenges if pricing or services change.
- Price Point: Some vendors charge three times as much for the same product. Do your research and evaluate multiple options.
- Security Concerns: Make sure you invest in an enterprise search solution that prioritizes security. This includes SOC 2 and other security protocols, as well as safeguards to ensure that unauthorized resources (like layoff lists) don’t fall into the wrong employees’ hands.
Why GoSearch is the Right Solution
GoSearch offers the best of both worlds: advanced, AI-driven features and the flexibility to adapt to your organization’s needs.
- AI-Powered Search: GoSearch utilizes natural language processing (NLP) and semantic search to understand complex queries and provide highly relevant results.
- Multimodal Search Capabilities: GoSearch supports text, image, and video searches, accommodating diverse enterprise needs.
- Ease of Integration: GoSearch seamlessly connects to 100+ apps: CRMs, knowledge bases, and cloud storage systems to centralize your search experience.
- Intelligent Insights: With machine learning, GoSearch continuously improves search relevance and productivity over time.
FAQs on Enterprise Search: Build vs. Buy
Here are five frequently asked questions to help you navigate the build-vs-buy decision:
1. How long does building a custom enterprise search tool take?
Depending on its complexity, building a custom enterprise search tool can take 12 to 24 months. This includes the development, testing, and deployment phases.
2. Is building or buying an enterprise search solution more expensive?
While buying has upfront subscription costs, building a search product can have significantly higher total costs due to development, infrastructure, and ongoing maintenance.
3. Can I customize an enterprise search tool like GoSearch?
Yes, GoSearch offers configurable features and integration options, allowing you to tailor the tool to your workflows without building from scratch.
4. What expertise is required to build an enterprise search solution?
Building an enterprise search solution requires specialized skills in software development, AI, machine learning, and natural language processing, along with a dedicated maintenance team.
5. How does GoSearch handle data privacy and security?
GoSearch is built with enterprise-grade security, including data encryption, secure integrations, non-indexed personal data, and compliance with privacy regulations like GDPR and HIPAA.
The Future of Enterprise Search
As organizations continue to embrace digital transformation, the future of enterprise search will be shaped by:
- AI Agents: Intelligent assistants that proactively deliver insights and streamline workflows.
- Hyper-Personalized Experiences: Search tools that adapt to user preferences and behaviors.
- Real-Time Collaboration: Seamless sharing of search insights across teams.
- Sustainability: Reducing redundant workflows and optimizing resources through smarter tools.
GoSearch is at the forefront of this evolution, offering innovative solutions that make searching simple, efficient, and impactful for enterprises.
Enterprise Search Build vs Buy: Final Thoughts
Choosing between building and buying an enterprise search solution depends on your organization’s priorities, resources, and timeline. While building may seem appealing for its customization, the complexity, costs, and time involved often make buying a pre-built tool the smarter choice.
With GoSearch, you can access a cutting-edge enterprise search solution powered by AI, designed to enhance productivity and streamline workflows. Ready to transform your enterprise search experience? Contact us today to learn more about GoSearch.
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