COTS (Commerical Off-The-Shelf)
Commercial off-the-shelf (COTS) is a procurement method used in business and government to obtain commercial products, such as software or hardware, typically from an outside vendor or supplier. The COTS model provides a wide array of products to choose from, allowing for the efficient acquisition of goods while avoiding the time, cost and risk associated with developing customized solutions. By leveraging existing technology, organizations can quickly and cost-effectively procure materials needed to meet their operational needs.