Customised Application - The right choice!
The shift to Custom Application Development has been bit slow, historically, owing to a less favourable reputation in terms of slow delivery as well as high costs. However, in past few years, Web Development Company has managed to improve the delivery, reliability, maturity, and customer risk management of Custom Application Development.
It is believed that, subsequently, these upgradations have made companies more open to employing custom applications, resulting in a balance between customised and packaged applications used by the industry.
"Generally,just about 40% of a software applications are used, which means that the investing company has paid for 60% of the application that it does not even use. With Custom Application Development, this is eliminated," a director points out.
Functionally, Custom Application Development lowers the impact on company's business processes, as no changes to their business processes are required to accommodate the application.
The risk to business house is also dramatically reduced, as Custom Application Developmentis undertaken to fully support the business process. Further, a custom software can assist in indentifying gaps in legacy systems and even assess the risks that might affect future operations or expansions. This is especially advantageous for mining houses, where business processes like ore processing are too expensive, with downtime resulting in billions being lost.
It is crucial to accelerate the adoption of technology solutions that will modernise business practices to enhance production output, streamline business operations and maintain its position in the economy. "However, there is an continuous debate around Custom Application Development and off-the-shelf technology,".
The main challenge that business houses face in terms of softwares is finding a software that matches their business requirements. When the match between a software and a company's needs lies between 90% and 95%, it is regarded a strategic one. In suchcases where you can find best fit, the investment in an application is optimum, as the cost of installation is low, and minimum customisation of an application is needed, which results in good and faster sinvestment returns. But finding it is a main challenge.
However, in case the fit is below 90%, the cost of Custom Application Development to meet requirements injcreases significantly. In some instances, companies may need to spend almost as much money on customising the application as they did while buying it.
Meanwhile, there is a place for both packaged and custom aplications in the industry. For small scale companies, the packaged system is often a better option, because it is quicker, easier and less expensive for them to alter their business processes than for larger organizations to change theirs. Meanwhile, the impact of alteration can be high if an application does not fit well. Therefore, custom applications are now the better option.
It is believed that, subsequently, these upgradations have made companies more open to employing custom applications, resulting in a balance between customised and packaged applications used by the industry.
"Generally,just about 40% of a software applications are used, which means that the investing company has paid for 60% of the application that it does not even use. With Custom Application Development, this is eliminated," a director points out.
Functionally, Custom Application Development lowers the impact on company's business processes, as no changes to their business processes are required to accommodate the application.
The risk to business house is also dramatically reduced, as Custom Application Developmentis undertaken to fully support the business process. Further, a custom software can assist in indentifying gaps in legacy systems and even assess the risks that might affect future operations or expansions. This is especially advantageous for mining houses, where business processes like ore processing are too expensive, with downtime resulting in billions being lost.
It is crucial to accelerate the adoption of technology solutions that will modernise business practices to enhance production output, streamline business operations and maintain its position in the economy. "However, there is an continuous debate around Custom Application Development and off-the-shelf technology,".
The main challenge that business houses face in terms of softwares is finding a software that matches their business requirements. When the match between a software and a company's needs lies between 90% and 95%, it is regarded a strategic one. In suchcases where you can find best fit, the investment in an application is optimum, as the cost of installation is low, and minimum customisation of an application is needed, which results in good and faster sinvestment returns. But finding it is a main challenge.
However, in case the fit is below 90%, the cost of Custom Application Development to meet requirements injcreases significantly. In some instances, companies may need to spend almost as much money on customising the application as they did while buying it.
Meanwhile, there is a place for both packaged and custom aplications in the industry. For small scale companies, the packaged system is often a better option, because it is quicker, easier and less expensive for them to alter their business processes than for larger organizations to change theirs. Meanwhile, the impact of alteration can be high if an application does not fit well. Therefore, custom applications are now the better option.