In today’s world, successful companies are constantly monitoring their business and looking to improve them to maintain (or even increase) their revenues, retain their employees and deliver an ultimate customer experience – and that’s where software is helpful.
Modern technology is the backbone of every sector in the world whether it is the economy, business, power, etc. Modern technology is the main reason for the technological revolution in the world. A man who lives in one part of the world can connect and call to another person who lives in another part of the world. Modern applications such as the internet have this made possible. The Internet is defined as the network of computers. The computers are connected to each other and make an exchange of information in the form of text, video, audio, documents etc.
A computer has brought a revolution in the world it is one of the best-used machines in the world. A computer has software and hardware. Hardware is the solid parts of the computer. The software is the programs of the computer which helps him to do a particular task. As the usage of computer increased its software becomes more advanced with the time. The software which is used in the business is now in very much demand. Software which is made particularly for a recommended person or organization is known as Custom Software since this software is used for business purposes’ only but it gives benefits to people whom a person cannot imagine.
Custom business software is specially designed software to meet the problems that arise in a given organization (company, association,). In order to counter the issues and full fill, the needs of people these organizations draw a number of specific points.
In general, companies have their software developed by an agency when software packages (software purchased on the market) no longer meet specific needs.
The advantages of developing custom software:
- Bespoke Solution
The first benefit is, obviously, we get a personalized solution. The same solution cannot work for everyone. Every business is unique, just like every human being is. Therefore, it is great to have a customized software solution because it addresses a specific business need. Visit this website for example, for a great insight into home health software for healthcare industry business owners. The standard software provides a solution to a few requirements, leaves other requirements unaddressed, and shows several options which a business does not require at all. All of this can create a lot of mess in terms of miscommunication, confusion for operators, and take-away digital resources like occupying unwanted space, RAM, internet or intranet bandwidth, etc. So, custom software is a big “yes” for every business.
- Make a Business more Secure.
Despite the constant efforts of SaaS, PaaS and IaaS providers to secure their software, packaged offerings – especially community-based CMS solutions – have uncorrected vulnerabilities. The reason behind the danger of getting hacked is because of availability of same code to other buyers of standard software. All buyers of standard software know the database structure, file system, and functions. Some hacker can easily code a script to penetrate the security of standard software.
- Opportunity to Innovate
It is seen that some businesses first developed customized software for themselves, later they realized that after some further changes, their software can be converted into SaaS or IaaS or PaaS. Is it not innovation? Of course, it is. Not only that, many times, it is found that if custom software allows business then they can launch more services (or products), better cater personalized needs of their consumers, penetrate better in their market, and can do more. The future is in “innovation”. The one who shows more creativity, more innovations, and more ideas will prevail. With custom software, a business can genuinely come up with innovations and can touch their end-users effectively.
- Support Business Scalability
Custom software can genuinely support scalability. Initially, custom software helps in providing better service or product to the end-users which results in better satisfaction of consumer, and hence, growth in the sales. Next, custom software can be easily modified to address workload. Generally, you just need to change few settings and upgrade hardware to cater higher workload. Finally, it gives ability to continue providing good service (or product) to higher volume of buyers without a glitch further increase growth of business.
- Reduction in Processing Time
Custom software can save time in many ways, such as—by increasing the efficiency of the operators by showing the useful options on the interface, i.e. by removing unwanted options and pop-ups. Another way processing time is saved by the optimum utilization of the resources, for example—computer system and internet resources. One more way, processing time is saved is… ability (functions, features, report creation etc) to perform exactly the way it should. Operators desire for something which they can directly forward to their boss, client, vendor, staff, or whosoever through custom software. This luxury often retrained in standard software.
- Avoid heavily incurring of losses due to standard software in long-run
Initially, it looks like the custom software development company needs a higher budget when compared with standard software. But when we compare the incurred cost in both cased in due course of time, we found that custom software is way cheaper than standard software. Man times, we cannot even calculate the loss incurred or extra paid amount due to lack of perfectly desired feature & functionality of the software. Generally, businesses lose the opportunity to increase their market, penetrate deeper in the market, and retain customers for long-time and even win the word of mouth marketing. The losses are huge, but unfortunately, overlooked.
- Cost Cutting and Higher Revenues
When we talk about software, it simply means some kind of automation. In almost every business, there are several tasks which just cannot be automated with standard software. Exactly, that is why business is having thousands and hundreds of thousands of workers. With custom software, several kinds of manual work can be converted into automation. This not only helps in cost cutting but also increasing the revenue for business by producing more in the given same time.
- Increased Adaptability
No one can predict future, who knows when a business needs to adopt new things. In that case, custom software can be easily modified (or upgrade) exactly in a way to adapt according to the new requirements. This is not that easy with standard software. Generally, standard software vendors study several businesses before that develop new versions. In that case, several businesses left behind as they cannot upgrade because new features are not suitable for them or their new needs are left behind in the new version. So, custom software is highly adaptable to changing needs of businesses.
- Increased Flexibility
Just like the case of adaptability, custom software is flexible as well. Flexibility means the ability to address a wide range of requirements (that includes the removal of obsolete features and adding features of new requirement). It can be argued that standard software can address a wider range of requirements, but the question is… how accurately. Custom software is highly accurate (suitable) for any given business, its requirement, its nature, and its culture. Such flexibility just cannot be found in standard software.
- Intellectual Property
Once you have created custom software, it belongs to your business and could give you a competitive advantage in the future. To see its benefit, let’s take an example. The growing demand for enterprise mobile applications (which is expected to exceed the available development capacity of 500% this year) has resulted in low-code mobile application development solutions such as Mo-Apps and Apery. And if you keep the low-code approach, launch the app and wake up famous? You do not own the intellectual property and will lose a substantial part of the income it will generate.
The benefits of using custom software are very long but these are the main and important benefits which a company or organization can get from this software. So hiring a person for customized software is best instead of purchasing software in the market. Also before creating customized software for an organization or a customer who has hired a person for making this software the expectations of a customer are taking into consideration. So it is the best thing to give preference ad to make only customized software.