All the major factors like productivity, efficiency, management, and time-consumption have a direct impact on the growth and success of a business. To specifically target each of these factors, businesses have been turning to the use of various off-the-shelf software for over two decades now. These software aim to provide a standard solution for a standard problem. The integration of such traditional software has become a common practice and the results produced through such software have become stagnant.
But what if you want an out-of-the-box solution? Every business faces unique situations and needs custom solutions built just for them. To thrive in the modern era, you need to go the extra mile as the rapidly growing competition presents a chance to grow beyond your limits just as Henry Kaiser said, “Taste the relish to be found in competition – in having put forth the best within you.”
So, the question arises – “What can be your salvation?” And the answer is Custom software development.
Custom software development is the practice of creating software specifically according to the needs of the user. The design, implementation, and features of such software are in accordance with the business requirements to provide custom solutions for better productivity and growth.
According to the Global Custom Application Development Service Market forecast report 2020, the custom software development market is expected to grow at CAGR of 7% with Revenue USD 26.74 bn during the forecast period 2020-2024, which is an evidence of the growing popularity and demand of custom software development.
Let’s look at the top 10 reasons why businesses need custom software development.
The use of traditional software has often exposed businesses to external hacking activities. With the popularity of these software, they attract more malicious activities. But, having a custom software built for your business will let you enjoy more security. Even if your software is exposed to the outer world, there are considerably fewer chances of facing hacking activities than in the use of traditional software.
2. Internal integrations
The heavy dependence of technology in our day to day activities has led many businesses to use multiple software in their work. Building a custom software will allow you to integrate all the software so that you can use and maintain them under one roof. This also greatly reduces the time spent on retrieving information from each software individually.
3. Cost efficiency
Custom software may not seem a cheaper solution at first but when you consider the long-term spending on traditional software, they save you a lot of money. Custom software requires less maintenance, less training, and no certifications which is why they are a great option. Moreover, they are a one-time investment for all users, unlike their counterparts which have a license-based usage with a restricted number of users.
4. Staying up-to-date
How long have you been postponing the integration of that new technology which can be highly productive for your business? Often times, our dependency on standard software restricts us to use the latest technologies until the new upgrade comes along which can be days, months, or even years. Having a custom software solution will allow you to set your own timelines and upgrades. You can choose what you want and when you want it. Therefore, your business never has to be reliant on the upgrades for staying up-to-date.
As a custom software has business-specific features, it allows you to automate the mundane tasks. You can configure the software to perform a number of daily tasks of your business by just a click.
6. An edge over your competitors
In the world driven by technology, having a custom software solution gives you an edge over your competitors. For example, having a custom customer relationship management system can ensure that your existing customers are more satisfied, and the new customers are more inclined towards your services.
7. Multiple Users
Every standard software has to be bought according to the number of users. If you add a new employee, you will need to buy an additional account of the software required. But, having a custom software, you can provide the software to as many employees as you want. Moreover, in situations where you have an infrastructure at multiple locations, you can easily integrate their working and reduce paper-based sharing.
Let’s face it! No matter how good the customer support is, no one likes asking the same queries again and again and that too with a long waiting time. If the software crashes, you have to stop all the ongoing work to wait for the support team. Having a custom software eradicates this problem. You have direct access to the developers of the software and can ask for support at any hour of the day.
9. Replacing multiple software
Getting a custom software allows you to include multiple functionalities which are otherwise achieved through different software. For instance, you don’t need an employee management system, an attendance system, and a client management system but you can get a complete solution built to perform all these tasks.
10. Custom features
Lastly, with all the custom features, this type of software becomes a great fit for your business, targeting the areas of improvement and driving the growth to new horizons. Custom software is like a piece of your business that was missing ever since your journey commenced.
Ditching off-the-shelf software in favor of custom software will help you have a robust solution that is unique to your business needs. You won’t have to worry about fitting a standard framework into your business model. So, leverage bespoke software to up your business game.