Technological software innovations are critical in heightening a company’s efficiency and productivity. That’s why in today’s digital-first world, there is abundant off-the-shelf software available for versatile uses. However, not all companies are built the same, and these programs don’t always give you what you need to meet your specific needs. Fortunately, you can opt for custom software development.
As a matter of fact, Grand View Research projects the global custom software development market to grow at a CAGR of 22.3% between 2022 to 2030, having been valued at USD 24.46 billion (2 trillion INR) in 2021. This growth comes as companies seek more advanced functions to meet changing business practices and operations. As such, this is what we do at Fab Software Stock, where we develop custom software with robust testing and expert analysis to deliver exactly what companies need. Here’s how these custom programs can help modern-day businesses.
Partnering with a software developer and asking for specific features in your custom program allows you to utilize solutions that meet your company’s needs. This is particularly useful when adopting new strategies that must be able to work with older ones.
Let’s say you want to heighten search engine optimization (SEO) functions for your eCommerce business, but you must first harmonize it with your existing marketing plans, like your Pay-Per-Click (PPC) strategies. Digital marketing agency Ayima explains that integrating SEO and PPC is critical for your business because SEO is a long-term strategy and PPC drives immediate results. That’s because SEO allows you to educate your clients, while PPC helps you heighten sales conversions. However, marketing software doesn’t always allow you to conduct these two processes together. By having custom software development made, you can streamline marketing efforts to develop SEO and PPC campaigns in conjunction with one another. Ultimately, this lets you maximize both approaches effectively, without one negating the other.
Custom software is beneficial for companies that are embracing innovation and change. Forward-thinking organizations that are constantly expanding may find it difficult to continue using off-the-shelf programs as their operations grow and change. But having custom software can help you adopt scalability since you can easily integrate features that you will need.
For instance, you may want to meet with growing employee preferences in India to promote work-life balance. To do this, you want to broaden your employee management software to become more inclusive to those who work remotely, in a hybrid setup, or from the office. By partnering with a software developer, you can implement unique metrics and record-keeping functions to properly manage benefits at no additional cost. Since you have a malleable program that needs to cater only to your organization’s needs, you can easily tweak these features as you test and troubleshoot new processes in the workplace.
Custom software is often more secure than off-the-shelf software. Since they’re easily accessible, hackers would have more opportunities to determine their vulnerabilities, making it easier to exploit them. On the other hand, when you have custom software, you can have greater control over how secure it would be.
To illustrate, pretend that you want to provide access to confidential company information to third-party consultants for a specific project. With custom software, you can add security features specifically for this purpose. To limit access, you can incorporate functions like role-based access controls, multi-factor authentication, or one-time pads. This way, custom software allows you to securely share information while minimizing risk.
With business practices and needs constantly changing, it’s integral for your company’s systems to be flexible and accommodate these changes. With custom software development, you can ensure that your modern business can continue to move forward easily.
Article written By Sandra Tyler