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Competition demands businesses to stay on top of their games.
It is possible when businesses know their market well and invest in personalized software solutions. Because, at the end of the day, technology drives business success.
But why should you go for custom software instead of packaged or ready-made software?
Here are six benefits of choosing a custom software over ready-made software.
If you didn’t know, custom software is among the top 3 software spending solutions. And it has a whooping market of $70 billion with a year growth rate of 5%.
The reason is simple! Custom software is designed for your special needs and objectives. Let’s say you wanted to build a software for your business. You’d explain the nitty-gritty of your operations and that’s how the developing team will make it for your customized use.
In reality, ready-made software looks only after your basic business needs. Custom software, on the other hand, travels the extra mile with you. It:
• aligns with your company’s workflow and business model
• has features that are unique to your business case
• is productive and proactive while addressing challenges
• works based on preferred technology stack
You don’t want to be dependent on one software or tool— especially when it has a lot of financial input. You need a variety of applications to run different sets of operations.
For example, your business may have
• human resources,
• supply chain,
… and many other departments. So instead of one-size-fits-all software, how about going for a well-nuanced, dedicated software?
Besides, you’d want these applications to communicate with each other for better outcomes. You can achieve such communication with integration.
Not to mention, your different custom software can integrate with existing systems. It can make interaction between the software very simple.
Also, since you’re developing a custom software based on your existing system models and methodologies, you can expect them to accommodate your needs. You can also have them integrated with all the applications you use.
Don’t get us started on the ready-made software. Time and again, they come up with bugs and errors while you’re integrating the system. You may even fail to integrate the systems.
You wouldn’t want to use a ready-made software if they disrupt business workflow and operations. Maybe you have a complex business process. The ready-made tool may not have those features and smartness to deal with your business processes.
But custom software works great even in ad hoc environments. You and your employees earn an agile platform to carry on their tasks efficiently.
Your employees need software that understands your business model and has compatibility. There’s a correlation between an efficient system and your employees willingness to contribute. Imagine working on a model that takes up their time and annoys them big time?
So a custom software results in faster delivery, leaving you with more time to focus on meaningful opportunities.
You have no choice but to agree with the terms-and-conditions of the already-built software. But you can have your own features and functionalities with a custom software.
With Custom software, you can
• dictate the tasks it should perform for you,
• secure your data and use them as it deems fit,
• updates whenever needed,
• decide the technology you want to integrate with it,
• fix on the customized and user-friendly interface,
• control its maintenance.
In short, you pay only for what you create and use. You no longer need to pay for things that come with the packaged solution and are of no use to you.
As much as you need human interaction to build long-lasting relationships with your customers— you also need tools to make it more impactful. No one knows your customers more than you… not the ready-made tool, not the ones making them.
You want to have a custom tool that engages with your customers and clients and sets-up strong foundations to the lasting relations.
Plus you can’t over-rely on ready-made tools. What if they get out of the market? A third-party ready tool will only make you over-dependent, only to leave you later in the phase.
But, custom software is your tool to have. It’s your tool to monitor your customers. And it’s your tool to preserve all the customer data. And in the worst case scenario, you can always find developers to update and maintain your custom software.
Custom tool solutions just tell you’re not letting any other company determine your business’s future. Instead, you are creating room for scalability. These tools are like: keep building up as you grow.
You may momentarily feel the ready-made software saves you a lot of money. But you have to invest a lot in recurring costs when you scale over the time.
These costs can be in the name of
• new versions, or
Now custom software is completely contrary to it. It may seem expensive in the first go, but saves you plenty of bills when your business grows complex.
Additionally, there’s no yearly or monthly costs with your software. Of course, you’ll have to spend a little more every time you seek for a new functionality. But it still won’t cost you as much as recurring expenses.
Ready-made software is good only under limited conditions. Maybe when you have a small business, or when your business has a little simple operational model.
But custom software takes care of your requirements when you’re keeping scalability, flexibility, ease-of-use, productivity, etc. in the long run.