👉 Bought engineering refers to the practice of purchasing or acquiring existing engineering solutions, technologies, or intellectual property from third-party vendors, rather than developing them internally. This approach allows companies to leverage proven technologies and expertise without the high costs, risks, and time associated with in-house R&D. By buying engineering, organizations can accelerate product development, reduce time-to-market, and focus their resources on core business activities while benefiting from the specialized knowledge and innovations provided by the acquired solutions. This strategy is particularly common in industries with rapid technological advancements, where staying competitive requires continuous innovation and adaptation.
