But it turns out that MIT used to have their own homegrown system, and recently switched to Canvas. Bet they're regretting that now.
The build vs. buy decision seems to have swung very hard toward buy in the last decade, and I think that's a shame. Yes, orgs need to focus on their core competency, and sometimes that means outsourcing things that aren't core competencies to third parties. But there are always downsides.