Decision guide

Build vs buy AI governance

Making the right decision for your organization's AI governance strategy. Compare the costs, benefits, and risks of building versus buying.

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Quick comparison

At a glance: key factors that impact your decision

Time to market

Build:12-18 months
Buy:1-2 weeks
Advantage: buy

Total cost (3 years)

Build:$1M - $5M+
Buy:$50K - $500K
Advantage: buy

Customization

Build:Complete control
Buy:Configurable
Advantage: build

Compliance updates

Build:Manual tracking
Buy:Automatic updates
Advantage: buy

Team size required

Build:10-15 specialists
Buy:2-3 administrators
Advantage: buy

Risk level

Build:High
Buy:Low
Advantage: buy

Detailed analysis

Deep dive into the pros and cons of each approach

In-house development

Build your AI governance solution from scratch

12-18 months

Time to value

$500K - $2M+

Initial cost

Advantages

  • Complete control over features and functionality
  • Customized to exact business requirements
  • Full ownership of code and intellectual property
  • No vendor lock-in or licensing fees

Challenges

  • 12-18 months development timeline
  • High upfront development costs ($500K-$2M+)
  • Requires specialized AI governance expertise
  • Ongoing maintenance and security updates
  • Risk of project delays and scope creep
  • Need to build compliance frameworks from scratch

VerifyWise platform

Recommended

Ready-to-deploy AI governance solution

1-2 weeks

Time to value

From free (open source)

Starting cost

Advantages

  • Deploy in days, not months
  • Pre-built compliance frameworks (EU AI Act, ISO 42001)
  • Proven in production environments
  • Regular updates and new features
  • Expert support and training included
  • Lower total cost of ownership
  • Immediate access to best practices

Considerations

  • Less customization than building from scratch
  • Subscription or licensing fees
  • Dependent on vendor roadmap
  • May include features you don't need

When to build vs buy

Choose the right approach based on your organization's needs

Consider building when:

  • You have highly specialized requirements that no existing solution can meet
  • Your organization has significant in-house AI governance expertise
  • You have 12-18 months to wait for deployment
  • Budget exceeds $1M and includes ongoing maintenance costs
  • Intellectual property ownership is critical

Consider buying when:

  • You need to deploy AI governance quickly (weeks, not months)
  • Standard compliance frameworks (EU AI Act, ISO 42001) meet your needs
  • You want to minimize risk and leverage proven solutions
  • Budget constraints require cost-effective solutions
  • You prefer to focus resources on your core business

Ready to get started?

Try VerifyWise today and see why most organizations choose to buy rather than build.

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VerifyWise - AI Governance Platform | Enterprise AI Compliance