Software Assessment and Acquisition Strategy:
Should a build/buy analysis come down on the side of buying there are several strategic choices still to be made. The most obvious is whether to pursue an integrated solution where one vendor sources the entire solution or to follow a best of breed approach where multiple vendor products are purchased and integrated. There are further distinctions within the major alternatives which lead to a potentially complex set of issues which need to be understood and weighted carefully
Property & Casualty carriers planning to replace legacy systems must decide whether to build, buy or undertake a hybrid acquisition solution for the new system(s). CastleBay can assist your company with the evaluation of this complex decision. CastleBay has undertaken several Build versus Buy analyses for clients from different parts of the P & C spectrum and for differing application areas.
Software Assessment and Acquisition Strategy
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