According to a report generated by Statista, the market size of the outsourcing company is outstretched from $45.6 B in 2000 to $85.6 B in 2018. This shows how businesses, both enterprise-level as well as startups are embracing the idea of outsourcing software development.

When any business organization requires to accomplish some operations out of its professional domain, it usually refers to third-party expertise. It ensures the high quality of the service provided and results in quick business growth and enhanced competitiveness in its industry niche. Concerning that, outsourcing software development needs is the most popular service sought by small and large businesses.

Considering your choices can be furiously complicated especially if you are outsourcing a software development project for the very first time. I mean gone are the days when any random pick or choosing a software outsourcing company by flipping a coin would work for you.

Here are some stats to consider while you’re outsourcing your software development project:

There were around 2 million software engineers in the US in 2015.
There are more than 5 million Android software developers and around 2 million iOS software developers globally.
The employment of software developers is projected to grow 21% between 2018 and 2028.

What is Custom Software Development?

The term Custom Software is also known as Bespoke, it is nothing but an application developed to suit a business to achieve specific objectives. It is a process of creating, designing, and maintaining software for a set of users, organizations, or functions. Custom software development aims to define a set of requirements allowing it to be packaged and commercially marketed and distributed.

Software development cannot be defined appropriately. I mean it can be conducted in multiple ways such as website development or mobile application development, software tools, back-end development, API, cloud computing, embedded system and much more according to Vishal Shah, He is Technical Analyst in a Software Outsourcing Company TatvaSoft.com.

After revising what is custom software development, let’s now have a look at its importance for project development.

Why is Custom Software Development important?

As your business grows, the needs become more complicated and require more advanced tools. Custom software development allows you to estimate your software and accommodate your business’ growth over time. This allows your business to grow faster without being restrained by inadequate software.

When you choose outsourcing software development to accomplish your goals, you’re inviting innovation, better communication between departments, streamlined work processes, enhanced productivity, quicker turnaround times, more efficiency, and you’re all set to update the software as your business expands.

On the other hand, custom software is designed for a specific set of requirements such as:

a field service equipment maintenance program for a business or
an online banking app created for the unique demands of the bank and its customers.

Usually, custom software development is performed by in-house development teams and the same processes and methodologies are applied to software development as other types of software development.

Here are some major reasons why custom software development is crucial:

1. Tailored to address your brand’s specific needs and stipulations

One of the most common interests of attending a custom software development project is your end product which is created based on your needs and specifications. Of course, you may come across numerous ready-made resolutions encompassing but do you imagine they will always help you ace the race. Probably not! Because every business serves a different purpose so should be their software development projects.

Custom software development is performed only with your business in mind, which means it can include every requirement you need to achieve.

2. Personalization

It’s not only you but your clients do get to experience a rare sense of personalization. Some companies prefer read-made clarifications because they are considerably more affordable but that doesn’t mean they are capable enough. In case you are seeking some long-term solution make sure to shell out for more money than they assumed with ready-made software.

Although customized software solutions have more expensive upfront costs for development and execution, they don’t expect long-term recurring fees, which often make them far less costly over time and that’s not even counting the likely increase in return on investment!

3. Compatibility

Most manufacturers prefer an architecture model where all the outputs are produced by a particular method. I am pretty assured you must be well-acquainted with the fact that having a stable flow of information is essential while streamlining your business model. Every time using different processor packages, third-party apps or gadgets can disrupt the data flow.

4. Support & maintenance becomes easy

What makes a custom software a cut above than off-the-shelf is that there is no boundary to how long your custom software resolution will be affirmed. However, that’s not the case with commercial, ready-made software.

Here we are discussing ownership of the software. If the company that originated it determines to stop producing and verifying the software, there is not much you can do about it. If that occurs, your only alternative is to rearrange to different software and that alone takes time and money.

When you are using bespoke software, on the other hand, you can simply contact the software development company that designed it for you in the first place and ask for a definite update or adjustment and they will get on it.

This can go on for as long as you desire to use that software and you are not attached down to any licenses.

5. Security

The major concerns for many B2B and B2C companies, data access, and security concerns affect several end-users in the market today. Everyone is prepared to assure their transactions are safe and secure at all times. If that’s not the case, then there are high possibilities of you losing your competing edge in the market. By choosing the top-notch custom software development company, the power is totally in your hands and you are the one selecting which data-security technology or etiquette to follow.

Things to consider while Choosing a Custom Software Development Company

As we all know, the concept of custom software development is a lengthy process that cannot be explained via just a post but here we would like to cover things that should be kept in mind while choosing a custom software development company. So, let’s get started!

1. Know the IT gaps you are typing to discuss

When you realize that your workload is more and people working on it are less, it’s time you need to get through the situation. First what needs to be done is capture your needs and priorities, and review them with your existing team in mind.

You’re looking for the best match between outsourcing projects and existing skillsets and bandwidth. What endures are the gaps that must be filled in! As soon as you have defined these gaps are a key input to your outsourcing partner selection. After this, you can drill down further and define which technology stacks you need help in, whether they’re established stacks or more specific technical skill sets.

Let me explain to you with the help of an example, assume that you have set a collection of current software systems which you would like to keep on improving, and also you have various applications to create in the upcoming year. In such a case, you can allow your team to handle some of the work and leave the rest by outsourcing a software development company.

2. Search for Software Outsourcing Companies

Your next step is to search for reliable outsourcing software development companies. But you must be wondering, how to get started? What to exactly look for! Googling vendors seems to be the easiest option! Well, it can be if you are being specific by using technical keywords and avoiding long phrases. This trick definitely helps in narrowing down your search result. You should focus more on what they do, who their target audience is, who they are, so not put them on your list of potential candidates just because they came to you. On the other hand, don’t cross them out straight away.

After your search ends for finding an outsourcing software company, make sure to visit their website and go through it once. Despite this, you can also check their previous projects, testimonials, portfolio, and their recent blogs.

3. Choose the ones who are customer-centric

Businesses and business deals are unlimited. Human behavior is something that must be taken in technology transactions as well. It is not a matter of fact whether the service provider is rich or not, but make sure they offer superior tech solutions and expertise.

Make sure you are investing a good amount of time while choosing the right software development company and check whether it is customer-centric or not. Because if they are not then the business relationship will get affected and which will result in release delays.

An ideal service provider should have a comprehensive reporting process to monitor progress and display transparency about what the team is doing at any given time.

The Verdict

It is not important what approach or method you’re going to apply for your project development process, just make sure that you’re choosing the right and reliable source of custom software development company for excellent results. We hope you enjoyed reading the article. In case you need any further guidance, feel free to get in touch with us.

How to Choose Software Outsourcing Vendor?

Introduction