We created a checklist to help you determine which software option is best for you and your business: building, buying or both.
When it comes to the energy and utility industry, there are plenty of software solutions available. From asset management to tracking zero emissions, there’s software for everything. However, organizations must decide whether to opt for ready-made software or develop a custom solution to meet their needs.
We recommend adopting a design thinking approach to tackle the build vs. buy question. This involves comprehensively understanding the problem you need to solve before identifying or creating solutions. It’s crucial to consider various factors when deciding whether to build custom software, buy from a third-party vendor, or use a combination of both.
To help you with these considerations, we created this checklist for you to download and walk through as you decide. We cover all the questions you need to keep in mind about:
- Core Values.
- Team Skills.
- Team Readiness.
- Budgeting.
- Project and Change Management.
While we created our checklist with the energy and utilities industry in mind, this assessment applies to any organization struggling to make the build vs. buy decision.
For more insights about building or buying software, check out our blog, “Utility Software Development: Build or Buy? Our Comparative Guide Can Help, Part 1.”