Definition of Custom Software Development and its Benefits

Wednesday, October 21, 2020

Every business is unique and has tailored business needs. Therefore it is rightly said to serve unique customers, you need unique services. That is what custom software applications offer. They fulfill the business needs by understanding what the business wants and how it can be achieved but then there is commercial software also available in the market, so what do they do? There are two types of applications: custom software development and commercial applications. But do we actually know what is custom software development and what does it offer? Or How is custom software development different from commercial applications?

Table of Content

  1. Definition of Custom Software Development
  2. Benefits of Custom Software Development
  3. Important tips to build your Custom Software development team
  4. In Nutshell

Let us first start, Custom software development is a method of developing tailored-made software products that best suits the bespoke needs of the business. This process is a broad concept comprising the process of designing, creating, deploying and maintaining software development for a particular business or their organization or specific operations.

The commercial application is also known as COTS- Commercial Off-the-shelf application is a type of application that is readily available in the market which comes with all necessary features available for the process in a single application. It comes with a restriction that it cannot be customized as per business use. Microsoft or Adobe products are examples of COTS applications.

To understand custom software, it was vital for businesses to understand how it is different from what custom software development companies offer and thus we started the blog portraying a visible difference between the two. But the importance of Custom Software is explored next.

Definition of Custom Software Development

Custom Software development is not universal but iterative, and hence the needs usually keep on changing. Industries like banking and finance, retail, eCommerce websites, automotive and numerous other industries are touched by the implications of custom software development.

But if we talk about Custom software development, the needs can be other ways full-filling like 

  • A manufacturing company might require software to monitor its multiple on-going processes
  • A banking application may need to maintain the records and keeps the database safe
  • An ecommerce company may need an app to transparently track their logistic service

Such custom-built applications are the need for business and hence it is important to understand the process of building a custom application. Generally, simple applications are built in the house because the internal team is well-versed with what the business wants. In complex cases, this has escalated to third-party companies who are experts in custom software development services. A specific set of methodologies or models is used to develop these products. The entire process of development from requirement gathering from clients to exploring the scope of the product to be developed, designing deployment and maintenance is considered under SDLC (Software development life cycle).

In the development phase, there are some methodologies, like Agile, DevOps or Rapid Application Development can be used in developing a custom software project. Every business may approach differently but what most of the companies follow is that they first offer a lucrative business proposal that would be ideal for your business. Then they make a checklist of matching requirements with their service and design the customized application. With their experienced and proficient team of resources, the software development companies meet all the custom needs of clients.

In short, all your business needs are fulfilled by a skilled software development company that understands the domain of your industry and develops a leading-edge solution that would enhance the client’s business value and bring business for the company. So what is that these custom software development companies promise to offer. Let’s discuss the benefits.

You can read a complete guide on Custom software development here.

Benefits of Custom Software Development

With evolving business needs, it is essential for every business to develop custom applications that streamline and optimize their existing business processes. Below mentioned are some of the perks that a custom software development company offers to clients.

  • Business-specific app Development
    Gone are the days when you have to brainstorm on how a custom off the shelf application is converted as per your needs. It has just got simpler with Bespoke application development. Businesses can build tailor-made applications that may fit business needs with higher productivity and scalability of the application.
  • Special Ownership
    Unlike COTS applications, these applications provide special ownership to users which the businesses can avail if they want to resell this and gain some extra profits. One of the most obvious reasons is that your business has full control over the developed app and can make it work as per the need.
  • Free Software licensing
    No additional cost is incurred in the development cost, it includes everything from design to post-development support. Just like ready to use apps, you don’t need to spend extra dollars on software licensing and maintenance.
  • Reselling Options
    In the beginning, this option of custom application development may look expensive but it is actually not. It comes with rewarding benefits. Your business can receive monetary benefits on return on investment by selling the product.
  • Easily Upgradable and Maintenance
    Compatibility is another feature of the custom developed application which offers easy to upgrade and maintain options. It can be easily integrated with other hardware or devices and can be seamlessly used for any business function.

Important tips to build your Custom Software Development Team

With the changing advancement in technology, it has forced most businesses to develop an application in-house or partner with experts to take advantage of their capability in building custom software applications. So here are some quick tips on how to build custom software:

  1. Know your requirements to build a scope
    When you decide to build software it is important to know the requirements and then align it with the development strategy. The scope of the software can be defined in this stage and according to that, the roadmap can be defined.
  1. Check the supplier’s portfolio
    In this stage now when the requirements are fixed, it is important to get background research of the supplier company. Understand what they have in services to offer and then escalate your requirements to the software development company.
  1. Scrutinize the company in all aspects
    Take into consideration all the aspects from financial, NDA, the technology used, devices used and other facilities that the software development company is capable of offering. In addition, businesses should also evaluate the supplier company at which pace they develop and execute projects and their earlier track record.
  1. Collaborate with the team
    If you have decided on one team, get in touch with the team beforehand. Communicate and keep a collaborative approach so that the team can approach you anytime they want in case they have any doubts or issues with the team.
  1. Concede on a specific timeline
    When the project is designed, the deadlines of the projects or sprint should also be communicated so that the outsourcing business will also have an idea on which part of the project is to be delivered and when.
  1. Make special mention on Security aspect
    To secure the device from any kind of potential hack, it is important to mention the security aspects in the software development process. Ensure that the intellectual property rights and IP addresses are secure and robust.
  1. Clarify on Ownership
    Once the software is developed, the ownership is no more of a supplier company. Now the ownership is transferred to the client and the client holds the complete authority of the developed software with all the information legally transferred to the client’s name.

In Nutshell

In this entire blog, we discussed all the essential and promising factors that custom software development can offer to every business. These factors would prove beneficial at all phases and would enable businesses to build a robust and scalable custom software application. The time of theoretical understanding is over now, it’s time to take action. Get in touch with suitable custom software development companies now.

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