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Best-of-breed technology is an approach that is taken by businesses to customize and advance their technology stack. Instead of using a software suite that covers multiple processes within the same software, such as HR and accounting, the business seeks out the best tool or product that is geared toward a specific function that covers their needs, such as project management.

What Small and Midsize Businesses Need to Know About Best-of-breed

The best-of-breed method is typically more popular among enterprise-level businesses simply because of the costs associated with multiple licensing agreements and vendors are often too costly for SMBs with limited funds and resources. It also requires a significant amount of time and IT know-how to implement, manage, and integrate several different systems.

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