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Engineering Economics9 min read

Build vs. Buy: The Decision Framework That Saves Millions

The real cost of building isn't the build — it's the 10-year maintenance commitment.

By Richard Ewing·

The 10-Year Rule

When you build, you're not committing to a project. You're committing to a product — with 10 years of maintenance, upgrades, security patches, and staffing.

Build when: it's your core differentiation, no vendor solves your specific problem, or vendor risk is unacceptable. Buy when: it's commodity functionality, time-to-market matters more than customization, or the vendor's R&D dwarfs yours.

The hidden factor: buying creates vendor dependency debt. Building creates maintenance debt. Choose your debt wisely.

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Published Work

This article expands on ideas from my published work in CIO.com, Built In, Mind the Product, and HackerNoon. View published articles →

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Richard Ewing

The Product Economist — Quantifying engineering economics for technology leaders, PE firms, and boards.