Build vs. Buy Calculator – Business Decision Tools

Build vs. Buy Calculator

Make an informed decision about whether to develop a solution in-house or purchase it from a vendor. This calculator helps you compare costs, time, and long-term implications of both options.

Build Option
Cost of development, including labor, tools, and resources
Estimated time to develop the solution
Cost of maintaining and updating the solution annually
Buy Option
Cost of purchasing the solution, including setup
Estimated time to implement the solution
Annual cost including licensing, support, and updates
Time period over which to compare costs

How to Use

  1. Enter costs and time estimates for both Build and Buy options
  2. Specify the analysis period (in years)
  3. Click Calculate to see the cost comparison and recommendation

Factors to Consider

  • Initial development/purchase costs
  • Implementation time
  • Ongoing maintenance and support costs
  • Customization needs
  • Scalability requirements
  • Internal expertise and resources

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