Can we build our own LIMS?

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This is not recommended. The commercial LIMS systems there are hundreds of man-working years built into the system. Chances of success in building you own are very slim. There are several reasons: Specifications are not good enough; Added specifications will give a “scope creep”, thus prolonging the process; Flexibility is hard to create and your lab will have different needs in a few years; Documentation of the programming is not likely to be as good as it should; The price will end up about the same or even more expensive than a commercial system while at the same time you will have a LIMS that is less flexible and not as good.