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Custom software development: Lowering costs and increasing efficiency

2022.04.27

The great majority of businesses around the world are unfamiliar with the concept of digital transformation. In reality, this is one of the best method to follow if you want to develop your business, increase agility, and improve your capacity to give a better client experience.

With the deployment of innovative solutions and the bet on the digitization of internal operations, it is not by chance that it becomes more crucial to follow market trends. The ultimate goal is to achieve efficiency and cost savings.

This should also be a clear message from the business area, so that IT is no longer a closed space within the organisation, but rather a subject (and an area) that is observable and acceptable to people who are not experts in the field.

So, as we live in a troubled period of extended economic crisis that began during the epidemic period and other problems around the world, we are at a crossroads. Nothing will be the same as it was before, and it will be up to businesses to forge new roads and develop new perspectives and tactics in order to become more efficient.

Is it better to develop custom software or not?

In the sphere of technical modernization and digital transformation, "turnkey" software may not always suit all corporate needs, raises operational costs, and increases the rate of error in the process.

In fact, a corporation should not embark on a custom software development project unless it is certain of the project's expected return on investment. This is crucial to your success.

Custom software development, in reality, is the process of designing, developing, deploying, and supporting software for a specific group of users, functions, or organisations. Custom software development, unlike commercial off-the-shelf software (COTS), aims at a clearly defined set of criteria as well as a broad set of requirements, allowing it to be packaged, commercially marketed, and distributed.

Application customization, application modernisation, and application administration are some of the tasks connected with custom software development.

We're looking into it.

Why is having custom development software so important? We could list a number of benefits, beginning with customisation and ongoing upgrading. And, as we all know, software development is difficult. Initial requirements are seldom concrete or complete enough, and the same is true of technology. There are no two projects that are alike.

As a result, there may be some significant benefits for a corporation to choosing custom software development, beginning with:

- Cost savings

While developing custom software can be costly because the company must start from scratch, it is, in the long run, a wise investment. All because there's no need to buy unneeded extra gear or pay for licences and features that will almost certainly never be used. Overall, that equates to a significant cost reduction.

- A more competitive organisation

By implementing this strategy, businesses become increasingly competitive in an ever-changing market.

- Business team

 Everyone is working for the same aim, with the same tools, business goals, and an eye on the bottom line. All of this culminates in a more productive business team.

- More productivity and efficiency

 Using software tailored to the company's demands boosts productivity because teams will be more confident and complete jobs faster and more efficiently.

What are your options for custom software development?

So, now that you've decided to go with custom software, it's time to decide if your organisation should hire an in-house team or work with a specialist partner. Both of them, of course, have advantages.

It's tempting to form your own dedicated engineering staff, but there are several factors to consider before doing so. In-house teams are unquestionably dependable, and they are just as invested in the organization's success as you are. In-house teams are fully invested in the organisation, which drives their motivation. However, when working with a partner, this might happen since they understand that the client's success is their own. On the other hand, you might be lacking in internal expertise or abilities, which you might address by collaborating with a partner.

In a team ready to work on your needs, a partner will always have a wide collection of expertise and talents. So, it's time to do the math and figure out which option is best for your company.

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