Build in or buy out?


Given the lack of a dominant energy trading and risk management software vendor, it is tempting for companies to think ‘we’ll have to build a system’, if they are to meet the full needs of the business. Choosing whether to build or buy is not an easy decision, but its impact on a firm’s costs, efficiency and hence profits is such that it requires as much objectivity as any other major investment decision.A crucial factor in deciding which path to take is to consider the total cost of ownersh