It may come as a surprise that in today’s environment, where we are all used to ready-made solutions and automation, there is a recurring high demand for custom solutions.
Research shows that the market size is forecasted to reach USD 85,9 billion by 2028, which is a 257% increase from the USD 24 billion in 2021.
At Mitigate, we have been receiving increasingly more inquiries regarding custom software development as well. Not only are our potential customers interested in developing software that fits their business needs like a glove, but they are also curious to know whether it is worth investing more time and money into this process, rather than just using an off-the-shelf software.
So, is custom development worth the investment?
To put it shortly, yes it is.
Off-the-shelf software products are very useful and convenient, and we could not agree more with this statement. They are designed to address general needs across a wide range of industries which makes them highly applicable and time-saving.
However, while they can be useful for many businesses, they often fall short when it comes to addressing unique challenges and specific requirements. If you are aiming for exceptional growth, efficiency, and a competitive edge, it's time to consider a smarter approach: custom software development.
Custom software development can help create solutions that are tailored to all of your needs, which is especially useful when dealing with more demanding projects where you have a precise vision of what you want.
Is custom development worth the time?
Custom development is surely more time-consuming when compared to a ready-made software. Traditional development that includes manual coding can be challenging and takes up to months on end to finish, depending on the size and complexity of the project.
Thankfully, there are battle-tested tools, frameworks and libraries we use on day to day work that can tremendously shorten the time period needed for development, which can also allow the engineers to get more projects done in less time.
Apart from that, cloud technology has played an important role in providing custom software development with agility and overall better performance. The cloud-based software development allows for a much quicker and more efficient release of new software.
If all this still does not reassure you that custom solutions are worth your time, think about data security. Custom software development allows you to implement robust, tailored security measures that reduce any vulnerabilities. Not only that, it pays off cost-wise in the long-run, as you don’t need to rely on costly third-party software.
The bottom line
Taking everything into account, it is no wonder that the demand for custom products and solutions continues to sore throughout many industries. The development process is only going to become simpler over time and the range of possibilities and services that the software offers will become bigger.
It is important to keep the big picture in mind and think of the long run. And when it comes to the long run, custom software always wins.