Many companies now look to custom software development as the ideal solution for organization and management. Some, however, avoid it completely, favoring off-the-shelf solutions instead. While the reality is that any company can utilize custom software development, Phoenix is full of industries that should ALWAYS consider it over any other solution for a variety of reasons. Here are the top three:
The world of finance is very different from any other industry today. Not only is understanding the data and math behind complex processes like securities valuations, risk and trading a must, there are also myriad compliance issues to consider. From portfolio managers to the traders themselves, those in the industry know that sacrifices in functionality can mean lost profits, and that’s not a choice you want to be up against. Custom software development here is a must. Because financial services companies are all different and they have a niche environment in which they must work, challenges abound, and only the right program can meet those.
Patient care, insurance, HIPAA security, regulation, certification, billing and coding – the list of concerns when you’re dealing with any healthcare organizations is vast. While the list of vendors selling one-size-fits-all software programs is lengthy, for most healthcare entities, cookie-cutter software simply won’t make the grade. Each healthcare organization has its own angle, its own concerns, its own budgets, and choosing a software project that means meeting every aspect of an organizations needs is a necessity. You need a team that has expertise with medical software projects and knows enough about health interoperability standards to create the right solution to meet your needs.
Business is about being at the right place at the right time, and in the logistics business, you understand that you need a software solution that will allow you to process and move as quickly as possible. In an industry where the margins are slim, a half-second delay caused by software not specifically designed to suit your needs is either going to cost you time, money, or a customer. The only way is to go with something that has been specifically optimized to meet your exact needs.
Even if your industry is not listed here, there’s a strong possibility that off-the-shelf software won’t address all your company’s needs. In the long run, customized software development is always going to be the only way to move forward for your company. Off-the-shelf software is developed to appeal to the mass markets of your specific industry. By using off-the-shelf software you disregard the fact that the needs and potential of your business are as unique as the business itself and locks you into using the same technology as your competitors.
Kinetik I.T. has vast experience in developing unique custom software applications for all types of industries. Whether your business simply needs a current application enhanced or you need us to develop a complete solution from the ground up to fit your business, contact us and we will show you how we can make a difference in your organization.