With sufficient organizational encouragement and provisioned resources, the creation of an internally-sponsored code library has several notable benefits over the use of third-party code libraries.

  1. They can be utilized to standardize the software development process similar to purchased solutions.
  2. They can enable the owning organization to develop unique technological advantages.
  3. They can allow experienced programmers to analyze and improve upon code segments used in existing projects.
  4. They can contribute to increased quality in present offerings by fully leveraging employee knowledge.
  5. They can also contribute to increasing the overall level of innovation within the organization with respect to new solutions and processes.
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