As your company expands, you’ll need to automate established labor routines sooner or later. Automation facilitates working with established systems, increasing workforce productivity and revenues.
Companies must employ the right software—CRM, ERP, HRM, and other processes to automate finance and accounting, inventory management, project management, and other vital tasks. For business owners, the decision is usually between buying a pre-packaged IT solution and building custom software.
Custom software development is designing, deploying, and managing software for a defined group of users, functions, or businesses.
Instead of commercial off-the-shelf (COTS) software, custom software development aims towards a closely specified set of requirements. COTS addresses a wide range of criteria, enabling it to be packaged, professionally promoted, and delivered.
Custom software is developed to address a specific set of requirements, such as:
a manufacturer’s or distributor’s equipment maintenance plan or
an online banking software customized to the requirements of the bank and its customers, etc.
Bespoke software refers to custom software and its software product development. The term derives from old English and the tailoring trade. Consider a custom-made suit.
Read Originally Published Blog: https://evincedev.com/blog/custom-software-development-build-vs-buy/