Digital transformation continues to impact all aspects and aspects of life. This is essential for companies since investing in the latest technological advancements have long been one of the methods to grow it, increase its competitiveness, and grow its revenue.

Development of custom software is an essential part of this strategy, and equally essential for companies at any size — from big companies to small ones.

The term “definition” can be described by following:

Custom software development involves developing and building software which meet the needs of a specific client’s particular needs.

Examples of custom software:

ERP and CRM systems for CRM and ERP
Business process automation systems
Content control systems (CMS)
Property management systems for property management
Mobile and web apps
E-commerce solutions (like marketplace platforms)
database development, etc.

We have a number of more examples. The major distinction between off-the-shelf and custom software lies in the latter is designed to address the issues of a specific company and is designed to be used internally within the particular business.

What businesses require Custom Software?

Customized software that is tailored to customers’ specific requirements fully benefit businesses who want to meet the following objectives for business:

solving business-related issues with the utmost efficiency;
Gaining a competitive edge on the marketplace;
improving and automating processes;
improving productivity of staff members;
cost reduction over the long run;
that is flexible and flexible solution that is able to adapt to the needs of business that can evolve as time passes.

The price and time required for the development of a custom-made software product will be determined by the features you intend to incorporate along with other elements.

The 6 Advantages to Custom Software Development

If you are developing an own IT project, be aware of the following reasons the reason why the development of custom software is essential.

1. Flexible and Customizable Tailor-made Solution

The software you choose to customize is customized to meet your company’s specific requirements and requirements. This is the primary and obvious benefit that is applicable to every business regardless of size, nature, or specific area in which the company is operating.

Software that is tailored to your requirements incorporates all the functions you require executed and crucial processes modified to meet your specific needs. In the meantime as your company expands and your business expands you are able to modify to meet changes in your needs.

2. Competitive Advantage

Off-the-shelf software offers the same capabilities as several other players in the market. The software designed specifically to meet the requirements of a specific business allows it to implement functions not available to competitors in the market. You can benefit from them by gaining an enormous competitive advantage.

3. Cost-effectiveness over the long-term

Off-the-shelf software is an economical option in the beginning. However, in the long time custom software development is more lucrative since you invest in the development of your business and don’t have to pay monthly fees on an SaaS model.

Additionally, you can cut down on the cost of custom development if you design it properly and then iterate the product starting with an MVP.

4. Complete Integration into the Company Workflow

It is likely that your company is already using a variety of software for specific tasks. It could be difficult integration with an existing product. On the other hand when it is developed from scratch the new software is much simpler to integrate with existing software. This allows users to cut costs and speed up the process of introducing it.

5. Improved Reliability and Security

Today, the issue of data theft is one of the most significant issues. If you purchase customized software, you’ll have the choice of selecting the security technology or protocol that best suits your organization and integrate the technology into your application.

It’s much more difficult for hackers in gaining access an individual system than it is to an ordinary software application that has vulnerabilities they are well-aware of. If you purchase off-the-shelf software it is totally dependent on the company who developed it.

6. Permanent Support, Maintenance and Assistance

The world is yours to decide whether you’re looking to add new features, enhance and improve the product you have, or obtain continuous assistance. You no longer have to rely on third-party vendors and you can effortlessly update your product whenever you require.

In addition, an off-the-shelf program developer may stop making updates at any point and adversely affect the business procedures. Service length and support should not be contingent on limitations in the solution that are not available.

Advantages and disadvantages in Custom Software Development

The article would be insufficient If we didn’t mention the drawbacks, or more specifically the obstacles that block entrepreneurs from creating custom IT solutions. We could talk about three main issues that custom software could face:

Custom software development is a lengthy process (5-6 month on an average);
skilled technical experts should take part in design (but you may also outsource the development);
The initial cost will be greater that when you purchase an off-the-shelf product which is the reason you should be prepared to make the investment.

However, it’s important to remember that selecting an experienced and knowledgeable development team reduces the risks mentioned earlier.

Are you ready to build your own custom Software Solution?

Every business has its own specific requirements and the off-the-shelf options are not always able to get the job done efficiently enough. Custom-designed software allows for optimizing working processes and making businesses more effectively.

Contact PioGroup Software today to discuss the details and discover what we can do to help take your business to the next stage!