Pros and Cons of Customised Software
What Does Custom Software Mean?
Custom Software applications refer to software solutions developed and implemented to address the unique needs and circumstances of an enterprise.
Compared to more universal products, where the main focus is on numerous facilities provided by off-the-shelf software, custom software rarely provides generalized functions.
Let’s discuss some pros and cons of custom software solutions to understand better -:
Pros
1. Greater Return on Investment
Custom-programmed software has a higher return on investment than packaged software because it is specially configured for the organization.
This means that, if custom development work is done properly, your website or mobile application will have all the special features and intricate designs you were looking for.
2. Alignment with Business Evolution
Alignment with business evolution means software that adapts to your changing business needs. Custom solutions allow you to add new features based on market trends or customer demands, keeping your software relevant as your business grows.
3. Offers Personalized Solutions
This is one of the significant benefits of custom-made software solutions over-the-shelf software. This means that you can solve a particular problem rather than responding to a generic market.
If you do so, you will be able to diversify your business operations and make it stand out from the rest. That also means that you’ll be completely controlling the software, and you can update, add the most crucial features, and integrate customer feedback at any time.
4. No Extra Licensing Fees Applied
A large number of off-the-shelf sites are more difficult to monetize since you do not own the site fully because the program was only licensed to you.
While this might not be an issue for your business, licensing costs can really add up. You just need to compare the cost of custom software development with the commercial software licensing.
Cons
1. Takes a Longer Time to Develop
Custom software development requires time, especially if one is not selective when choosing the development team.
Software implementation is required to be unique and thus its design will need to be understated; it may even take weeks or, in some cases, many months before the final product can be implemented into the working framework of your company.
2. High Upfront Cost
One of the flip sides of bespoke software is the cost required during the initial stages of programming. Creating applications from the ground up is expensive because it involves coding from the ground up.
Despite the promising ROIs, resulting from this unprecedented upfront cost, it may be impractical for specific institutions with meager finances.
However, the rise in productivity of your employees, business competition advantage, and customer needs customization will quickly offset the cost.
3. Longer Time to Market
Custom software tends to take a certain amount of time to create and launch into the market. This can be a challenge, especially for those firms who want to quickly access the market with a particular solution.
It normally requires about 4-9 months depending on the customer’s requirement and the type of project while COTS is readily available for use.
Key Takeaways
Want to start developing your software app? Make sure, you’ve written down all your thoughts and ideas with a clear checklist to get started on the right foot.
At Technoville Consultants, we know there’s no one-size-fits-all software solution for every industry vertical. Our expert developers consider your requirements and deliver tailored solutions that meet your diverse business needs.
Want to know more in detail? Call us NOW!