Bespoke software development refers to customizing the features through a tailor-made software for your business. Through its scalability and flexibility, businesses have been able to improve their methods of operations and boost potential for success. Custom software development is emerging as one of the most popular bespoke software trends in the modern business world, as growing digitalization boosts investments in software products that offer customization, security, and high standards of quality.
The impressive growth of the enterprise software sector no longer has a surprise element in the Information Age. A mounting number of businesses are realising the power of custom software in giving their business a push. In fact the global investments in bespoke software for customized applications are only ballooning with time.
According to a Forrester study, the global spending on enterprise software increased by 10% every year between 2011 and 2015, up from US$ 430 billion to US$ 620 billion. Another study by the same research firm estimated that the global software spending will increase from US$ 920 billion to a whopping US$ 1.3 trillion between 2020 and 2030.
With the increasing adoption of software and cloud in technology, software is becoming cost efficient. However, now leading businesses are moving towards custom or bespoke software that can further amplify the operational features of conventional software, in order to contribute largely to business growth.
Growing adoption of bespoke software is emerging as a popular trend, as the number of businesses joining forces with software consulting companies is multiplying rapidly. Here are six ultimate benefits of resorting to bespoke software that indicate how effective these solutions can be in bolstering business growth in the long run.
1. Tailor-made to Meet the Specific Needs of Your Business
The features of bespoke software can be customized, which ultimately makes it possible to leverage this technology in accomplishing the best IT infrastructure management along with your organizational goals. Right from the appealing design to highly complex back-end systems, all the elements of custom software development can be in-line with your business strategy.
With the changing socioeconomic factors, your business strategies need to be altered, and the software you are using must allow you that flexibility. Unlike off the shelf software solutions, bespoke software are extremely easy to modify to sync with the changing plans and operational requirements of your business.
2. Technological Excellence to Give Your Business a Competitive Advantage
Right from branding and scalability to quality testing and security, bespoke software development allows you to leverage top-notch technologies for the growth of your business. It does not only make you the owner of your intellectual property, but it also allows you to select the right technology that can suit your business needs, today and for future.
With bespoke software development, you can pick the right software platform and utilize the best practices that can open up new business opportunities. In addition, it can also help you maintain a high standard of quality through function testing, performance testing, quality testing, localization testing, and mobile testing among various other testing practices.
3. Cost-efficient Features to Improve Budgeting and Forecasting Strategies
Though ‘ready-made’ software solutions primarily look cheaper than custom software, there are underlying costs that are implied with the integration of these off the shelf solutions. These solutions may not cater to your specific needs and may require you to install additional software solutions that take care of multiple operations.
Even though bespoke software development often requires a heavy financial muscle for the high initial investment, in the long run it may prove to be highly cost effective. It greatly reduces the infrastructure cost, which is one of the heaviest burdens on your cost sheet. Furthermore, custom software development partners offer flexible pricing models that can enable you to gain value for money throughout its utilization.
4. Customizable Features to Facilitate Agility and Flexible Business Growth
Flexibility of bespoke software development is absolutely essential for faster business growth, especially in today’s highly competitive environment. Customized features can enable businesses to set the operational flexibility based on the business’s growth pace.
Having a dedicated technology partner can further help you tackle specific challenges quickly, making your custom software development more agile and flexible. Thereby, it takes minimal effort and time to incorporate versatile business strategies by getting bespoke software developed for your business’s flexibility and agility.
5. Robust Data Security to Ensure Prevention from Cyber Threats and Attacks
One of the best ways to stop your organization from becoming the next victim of cyber thieves and hackers is to incorporate a software solution with a robust data security protocol. Especially with the increasing use of cloud-based technologies, data security is also emerging as a big concern for modern businesses, which highlights the security features of the software solutions that they choose to implement.
Taking into consideration the fact that ‘ready-made’ software are often the soft target for hackers, bespoke software development can make your data security system more resilient to such attacks.
Bespoke software equals having complete control over your data and improved security against data theft. Thereby, with custom software development, you can not only implement data protection protocols but also ensure compliance with various data security regulations and policies.
6. End-to-End Support to Reduce Downtime and Boost Operational Efficiency
It is important for businesses competing in the modern world to ensure that a bespoke software is being developed with complete professional support. It is more than just an investment!
System breakdown is one of the most crucial elements that may cut operational efficiency to a great extent. With the support of professionals who built the bespoke software can prove critical in implementing more focused, faster, and effective solutions.
Ensure that you have complete end-to-end professional support while implementing a bespoke software strategy, which can ultimately relieve you from the need for extending your onsite and offsite teams.
TechnoGen’s Approach: Excellence in Bespoke Software Development
TechnoGen has been offering its bespoke software development solutions along with IT infrastructure services to businesses across a wide range of domains since years. Understanding the unique requirements of our clients, we have helped them implement the most suitable features of bespoke software through technology. We have successfully incorporated custom software that can synchronize with our clients’ existing systems.
Your company does not need the generic features of off the shelf software. With increasing pressures of global economic conditions and growing need for unique branding, make bespoke software development your next business strategy to win.