Overview

The software development world was never like this earlier as it is today. Everywhere we look around, we find innovative digital apps, super engaging and classy websites, beyond imagination digital experience, top-notch technologies revolutionizing the everyday life of digital users.

Not only does it happen to the users, but businesses of all kinds are also significantly impacted by this digital revolution taking place. They got the opportunity to work with modern software development processes, build robust, innovative products, incorporating trending technologies and frameworks into their business workflow, working with a team of top talents, and whatnot.

The changing software trends help enterprises understand customer pain points and unlock customer needs and future demands.

Today it is not about building a software product. Still, it’s all about creating a top-quality, innovative, reliable, customer-favorable, and pocket-friendly software product that satisfies customer needs in all aspects.

Talking about a software development process, specifically custom software development, the process is highly organized and customer-specific.

Custom software development is a process of continuous innovation that helps you in delivering a great digital product.

In this guide, we are going to discuss everything about custom software development in detail.

So, let's start our ride to develop a super customer-centric digital product.

guidecheckCustom Software Development: A Brief Description

Custom Software Development is the customization of the software product designed for a specific set of audiences that includes multiple stages like ideation, design, development, testing, deployment, and maintenance.

It satisfies a specific set of project requirements and is performed by in-house development teams or outsourcing providers.

It includes application customization, application modernization, and application management.

Commercial software products such as Microsoft Office and Sitebuilder.com come under the category of custom software. They meet the generalized needs of official productivity and website creation.

Let’s check out how custom software development benefits businesses.

  • Custom software increases the efficiency of software products/applications and also supports processes swiftly and productively.

  • Custom software boosts scalability as it helps businesses grow on a larger scale and adapt to changes in the changing environment. It excludes the cost of additional licenses or subscriptions of packaged applications.

  • Custom software reduces integration costs as it can be built to integrate with its intended environment. Commercial software quickly communicates and operates with their existing infrastructure. 

  • Custom software ensures profitability as businesses can develop their software based on specific terms and conditions and license or sell it to other companies.

  • Custom software provides independence to the enterprise to avoid price hikes for licensing.

Why Custom Software?

Are you struggling while deciding on custom software development? Are you still in a dilemma about whether to go for custom-made solutions to satisfy your users and meet industry demands?

Let’s first understand why companies need custom software development.

1. Facilitates Security and Agility

The custom solutions that provide you with the benefit of agility and flexibility will be the one that takes your business to the next level. With custom software development, you are free to add as many functionalities and features to your software applications as per your business requirements. Also, it lets you focus on secured work operations. 

Custom software developers can help you with more enhanced and secured software applications.

2. Supports Pocket-Friendly Budgets

Developing custom software development applications seems to be a costly affair.  For startups to invest in software outsourcing companies at the initial stage is a bit expensive. Custom software development helps you design and develop the entire software according to your requirements and necessities. You can also delete, add or modify software features according to your budget.

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3. Provides Effective Maintenance & Support 

With the assistance of top custom software development companies, you can manage queries efficiently and smartly. Their personalized support helps you to resolve technical glitches and eliminate the security loopholes, if any, in a limited time.

Custom software makers are experts in developing the desired software applications and offer effective maintenance and support.

4. Facilitates Better Integration Support With Existing Systems

Big enterprises and companies operate different software systems to handle the operations of various departments. In such cases, they often face integration and compatibility issues, leading to lower efficiency and reduced productivity.

On the other hand, custom software allows them to handle multiple systems by integrating them into central software applications. Not only this, it extends the functionality of existing tools and develops new similar applications for better workflow.

5. Ensures High Scalability 

Development processes come up with many challenges and critical issues that need to be resolved as early as possible by the teams as it highly impacts the business growth.

In any circumstances, every business has to prepare itself to address these challenges and for a better tomorrow. So, if you are not well prepared, You indeed find roadblocks in your success path. Custom software development equips you with more advanced tools to accelerate your development process and boost revenues. It ensures you with 100% scalability to enhance your business progress.

6. Lets You Optimize Business Operations & Workflows

Your first and foremost responsibility is to thoroughly check how you handle your business processes and how efficiently your business processes work.

If you encounter any issues, bugs, or challenges that might harm your development process or affect your business growth, then it’s high time you need custom software.

If not handled properly by in-house developers, you can also hire a dedicated team of custom developers who can execute your business requirements and help you develop the best software. So, under custom software development, you can very well optimize your business operations rather than replacing them.

7. Provides Greater Adaptability

With the changing business environment, every business needs to adapt to the changes according to the changing marketing trends to stay ahead in the competition. Always responds to the dynamic market changes, it adds value to your organization by creating robust, customized software.

With tailored and customized software development, you can nicely integrate these new changes into your existing processes. 

Custom Software Versus Off-The-Shelf-Software

While making decisions to develop software, every organization faces the dilemma of whether to “build or buy” the product. In this fast-changing business environment, companies need to decide between off-the-shelf and custom software. Each of the software has certain advantages, and disadvantages businesses should consider before choosing.

  1. Purpose To Build

The primary purpose of custom software development is to build a robust and innovative digital product to satisfy specific project requirements of a particular company or a particular individual. 

On the contrary, off-the-shelf software is for many customers with a standard design and framework. There is a chance that the software might not cater to any individual requirements.

  1. Software Usability

Custom software is designed to use only one individual or a particular company for a specific purpose. It requires extra time and effort to build custom software. A specific set of audiences utilizes the software. The installation and integration of custom software are easier and can be smoothly developed to satisfy specific requirements.

Off-the-shelf software is developed to use by several users as it is readily available. Any individual can easily install it or use it.

 

  1. Cost Factor

Developing custom software is a costly affair designed to satisfy specific business needs that involve your time and investment.

Off-the-shelf software reduces your development cost as it is distributed across a massive audience. It is cheap to purchase but will cost you a bit due to the ongoing maintenance or subscription fees.

  1. Modifications Required

You can easily modify custom software as it is open to expansion. You are the only owner of the software who can perform modifications in the software. It provides the scope of performing required changes whenever there is a need.

Off-the-shelf software is difficult to modify once it is purchased. With this software, you don’t know when your business grows and require you to alter the already purchased software.

  1. Time to develop and deploy

The custom software is developed from scratch, and it requires endless customizations possible. The development phase of building custom software takes several months.

You don’t have to invest your crucial time in off-the-shelf software as the user has only to install the software, and it is ready to use.

  1. Competitive Advantage

Custom software development offers you a competitive advantage over your competitors as you own a customized solution that your customers don’t have.

Off-the-shelf software is the software solution that is readily available to your competitors. There is a chance that any of your competitors might copy your idea. 

  1. Dependency on the software provider

Custom software is well-designed and scalable software. You don’t need to be dependent on software providers. In case of any need, you can hire dedicated developers or teams to build a particular feature.

Off-the-shelf software is readily available in minimum time and can be used instantly after installation. If you need to add some features, you would require hiring a developer, costing you time and money. Here you are dependent on software providers.

Here's the table given below showcasing the difference between custom software and off-the-shelf. 

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Development Practices

To ensure that your software product would provide you with greater profits and immense business growth, you need to choose custom software development. Not only choosing, but you also need to follow certain practices efficiently to manage business processes and a smooth workflow.

1. Defining Business Requirements And Goals.

Before building any software, app, or website, it’s crucial to define your business requirements, current process status, expectations, and metrics to measure success.

Here we define the overall project management process in 3 simple questions that you need to answer.

Make sure you have the answer to the given questions:

  • What is your current process and its status? Avoid making assumptions; get clear answers straightway from experts.
  • Why do you need to upgrade or modify your existing system?
  • What are your desired workflows and other processes to support the software?

Read also: A Handbook To Successful Software Development Practices In 2021

2. Hire The Right Team Of Professionals.

You can’t handle everything independently by making your in-house team work day and night to save money.

For a smooth performance of custom software development, you need the following professionals to manage business processes and workflows efficiently. They are:

  • Your in-house development team.

  • Freelancers.

  • Top Custom Software development Companies.

Outsourcing your process or an entire project to an outsourcing company helps you get efficient and reliable software with the assistance of expert professionals in the end. These are the professional teams that have successfully designed and implemented multiple custom software.

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3. Prepare A Realistic Plan With Milestones.

A realistic plan with achievable milestones is necessary to keep in mind to get a desirable product. For this, you need to set up a skilled team of professionals that leads and directs you towards the overall objective. Creating a detailed roadmap is also vital for your business. Make a clear plan to achieve milestones at each stage and keep the project on track. Review and get responses from immediate users at each stage to know whether you reach your set milestones or not. Also, planned timeline or budget accordingly.

4. Perform All Kinds Of Testing

Testing is a crucial aspect that needs to be considered at the early stages of development to avoid any bugs or failures. All kinds of testing(unit test, manual test, automated test, and so on) has to be performed by the testers thoroughly to keep track of every bug evolved and resolved. Test the software simply as expected.

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5. Frame The Entire Software Process Efficiently.

Well, detailed and precise documentation for all stages of the software development and implementation is necessary for the smooth functioning of the software. Mention in the document what you have and what you desire. 

Here is a quick checklist you need to prepare.

  • A test plan

  • A statement of scope 

  • An implementation plan

  • A training plan and detailed user documentation 

Custom software development helps you get used to the latest technology trends to solve specific crucial problems for your business. It’s just you should know how well you utilized it and when to support future growth and success.

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The Advantages Of Custom Software Development

It is necessary to boost its revenues for a company, owning a team of skilled and top-notch software professionals and a great product idea. You will get all this by implementing custom software development. It provides you with myriad benefits, including optimized and streamlined business processes under the assistance of top-notch professionals.

Let’s dig out a few more benefits of custom software development.

Satisfies Your Business’s Specific Needs

Every business established has a unique set of unique needs and issues that needs to be addressed by skilled professionals. Customized and tailored software solutions satisfy your clientele’s specific business needs and requirements.

Some businesses offer consumer-specific functions, and some offer solutions related to security regulations. Custom software helps your business to scale and evolve with the changing business environment. Custom software is developed for companies including healthcare, banking, retail, and manufacturing.

Get Automated Business Processes

Performing business operations manually and repeatedly may delay your project delivery and also affects your business workflow. Automated business processes can ultimately save you significant time and cost. Also, with this, you can enhance the productivity of your workforce.

Read also: 7+ Reasons Why Businesses Choose Custom Software Development

Get Your Funds Safe

It’s a myth that the development of off-the-shelf software is relatively cheaper. But the case is not valid at all. This software could end up costing you more in the long run. Some ready-made solutions include licensing fees to make monthly or yearly payments. You need to make add-ons in off-the-shelf software to meet your needs, and it increases your end cost.

On the other hand, you don’t need to pay for unnecessary features and functionalities that your business will never use with custom software development.

Provides High Security

Targeting off-the-shelf software is relatively easy for cyber attackers as the source program code is easier to hack on ready-made software.

 But, on the other hand, custom software is a bit harder to attack as tailored and customized offerings are easily accessible. Also, specialized security and encryption make the products safer.

The loss of personal data, intellectual property, and reputational damage due to cyber attacks is impossible to recover.

Development Process

Be it mobile app development, website creation, or software building, developing each is a complex process. On the contrary, any wrong decision taken in any stage of software development will affect the software quality and your entire business. The software development process involves immense hard work, dedication, and rich expertise.

It’s crucial to conduct an in-depth market analysis and customer demands as it ultimately adds value to your business. So, let’s get started with a detailed analysis of every stage of the software development process.

Ideation

Coming up with innovative ideas is quite challenging as new technological innovations are emerging at a rapid pace. It leads to product managers thinking globally to create an innovative software product that offers something unique is considered an effective technique in the IT environment. All team members should contribute their ideas during meetings and discussions. Planning the product idea creates the prime requirements of the project and a roadmap that influences the whole development process.

Design

After planning, the next phase is to design the technical architecture of the product. In this phase, the team provides the business specification to technical teams, who then build the product’s architecture, create workflow diagrams, tech stack, and DB design. It is simply conceptualizing the product. Here you start sprint planning or break down large tasks into more actionable modules.

In the end, designers are responsible for building the whole structure of the project.

Development

This phase is the most crucial stage of the software development process. Here in this phase, developers started coding according to the business requirements and SRS.

With every team member on board with the software’s proposed functionality and design, it’s time to develop the software.

Whether you follow the Agile approach or MVP prototype, the main aim is to follow all the software requirements described in SOW to build robust, scalable, and efficient software.

After completing the development phase, an MVP product is the first release that few early adopters may mostly use.

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Integration and Testing

To check whether a software program is working efficiently, you must perform software testing to avoid bugs and product failure. Testers perform in-depth testing to track and fix bugs. Here we simply release the product to a small group of beta testers or use UX tools to track how users interact with it.

During this phase, QA engineers test the code’s quality by using different frameworks and testing methods to check any bugs in the system. Testers report test cases and inform the developers of the bugs to developers to fix them. It helps them build a bug-less software product.

Release

Once done with the software product, it’s time to release your software in the market and let your audience access it. Your development team should be now confident about the functionality, usability, and stability of the product developed. After receiving feedback in the Alpha release, the team now moves towards the Beta release phase. The final product here gets the feedback from customers and makes necessary changes following that.

Last but not least, the next phase is continuous monitoring of the product, its usage, and future growth. The bugs are then fixed based on the customer responses.

Read also: Software Development In 2021: Statistics You Need To Know

Million-Dollar Companies Using Custom Software Development

I think all your doubts have been communication channels till now regarding custom software development. We have come up with a list of top million-dollar companies that practice custom software development in their initial stages for more clarity and real-life examples.

Amazon: Biggest Ecommerce Platform

It’s pretty surprising that Amazon, the biggest eCommerce platform today serving its countless products and services at every corner of the world, was once the online retailer of only books.

Currently, the company continuously and rigorously satisfying customer demands from groceries to clothes to electronics to many other customer-related services.

Amazon is a massive marketplace where buyers and sellers both can experience hassle-free buying and selling of products. They use customized software to lead the eCommerce industry.

Netflix: Top Video Streaming Platform

Not every platform gets the attention and engagement of a larger audience. Still, Netflix is the one that is quite popular and in demand today due to its top-quality video streaming content. At present, it captures the market of digital videos and outstanding user engagement.

The company is continuously working with custom software development services to add innovation to its platform. It also delivers a seamless user experience with content art customization to increase This includes viewers continuously and rigorously satisfies, subscriptions, and user base.

Read also: 7 Inspiring Product Stories For Every Entrepreneur In 2021

McDonald’s: Renowned Fast Food Company

I guess there is no one out there who has never visited McDonald’s once in a lifetime. The food venture is quite famous for its food menus (burgers, french fries, MacPuff, etc.) for years. Mcdonald’s implements the best custom software ideas in managing their fast food services. 

This is how they became the leader of a fast-food supply chain. It facilitates customers to get their food ordered from the app itself. All you need to do is scan and order whatever you want. 

The company calls it the “Restaurant Experience of the Future.” 

Uber: Mostly Used Cab Service Provider

I think most of us have to take a ride from Uber cabs to our offices, shopping malls, or stations, etc.

Uber provides the best and effective cab services across the world. 

They deliver a seamless experience to the passengers taking the ride with the tailored software development. Till now, Uber has grown its market in the U.S. by 76% with the help of an intelligent system.  You can easily book your ride from the app itself in no time. The company serves a unique and smooth experience to the riders by easily connecting them with a nearby driver. It provides them with the best experience for a hassle-free commute.

Costs And Risks

Estimating software costs is considered crucial in the software planning process. Calculating the exact cost of development and efforts is quite challenging and tedious due to the dynamic nature of custom software development. Calculating software costs can even compromise the software’s success.

Estimation of the development cost is to be done correctly as it allows companies to gain control over software development progress. Also, it helps in reducing the risks and ensuring higher software quality.

Let’s find out what are the factors that impact software development costs.

1. Size Of The Software

One of the significant factors that impact the cost of the software is the size. Small-size platforms don’t take much time to develop the software as they get built on hourly rates. But, at the same time, massive projects will ultimately cost you more as they pay on an hourly basis. The size of the software always matters a lot as it indicates how much effort and members require to build software.

Moreover, if a product is to be accessed or utilized globally, a lot of effort and workforce is required as the size of the software would be large.

2. Software Complexity

The software can be categorized into a basic version, moderately complex, and highly complex app. The more complex app, the more investment it requires.

In-app development, the number of screens developed will decide the price of the app. If there are more screens, the price will rise. Otherwise, it will go down. The apps with fewer screens are cheaper to develop than larger ones with more than 40 screens.

Integration, security, and data support features are the add-ons that increase the app’s complexity.

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3. Software Design Requirements

Software design cost includes UX/UI design, architectural design, and basic design of a website or an app. The website or app interface is the one that engages users at first sight with their visuals. An interface that is user-friendly and delivers a smooth customer experience. The menu, font, color, navigation of an interface impact how it is visualized.

4. Software Development Approach

Choosing a software development approach indicates how you conceptualize and create the software product or service. Different software development approaches and methodologies usually follow, including agile, spiral, waterfall, hybrid, or iterative processes providing, depending on the software product developed. 

The processes, methodologies, and workflow in each of the models are different. Each of the models works differently and has other costs involved.

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Goodfirms

5. Freelancer/Development Team

Be it a freelancer or a development team; whosoever works on building custom software, the costs involved in developing them are different. You can control your prices if you hire a freelancer or custom software developer. On the other hand, if you hire an entire development team, the per head cost of a team is comparatively greater.

Though, this assumption is not always accurate. The cost of software development depends on the expertise and experience of the developer. Hiring inexperienced developers may lead the development process a bit longer. So, it’s best to hire an experienced developer with a rich skillset to boost the revenues.

6. Data Migration

Custom software development for an existing business requires some degree of data migration. For this, software companies often prefer keeping a backup with the help of external databases.

Massive storage of data and data migration are essential factors while developing eCommerce websites. 

It also contributes to the software development cost. It all depends on the amount of information required to be integrated.

How To Estimate Average Software Development Cost?

Estimating custom software development costs is never an easy cakewalk. You need to consider all the software aspects that affect the software development cost. 

Here are three main factors that most affect software development costs:

  1.     Type of Software
  2.     Size of Software
  3.     Development Team Size

Here they are:

1. Type Of Software

The development teams usually develop four software types. 

Here they are:

  • Building New Software, or Custom Software development
  • Software Modification/Upgradation
  • Software Integration With Existing Capabilities Or Processes
  • Web-Based Software Development 

Each software type requires different team resources and time and development efforts to build a specific software. Analyzing the kind of software is considered the first and foremost step in estimating software cost.

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Freepik

2. Size Of Software

The second factor in estimating cost is the size of the software. There is a slight correlation between the complexity of a project and its size. But this case is not always valid.  Here are the sizes of the software.

The small size of the software involves minor changes. It includes small changes to the user interface or bug fixes. 

The Medium size of the software deals with a single source of data. Software modules like small mobile apps or a web interface, or an existing inventory system come under this category. 

The Large size of the software solutions includes software that is more in-depth and complex. This software requires integration with multiple systems, database components, security, and logging features.

3. Estimation Of Time

The factors mentioned above (type and size) can now determine the possible timeframe:

The above table estimates a software project’s time frame. It shows you a quick estimate to customers regarding how much time software takes to complete?

Here is the way to estimate software cost:    Project Resource Cost x Project time = Project cost

  Small Med Large  Ent
  Weeks   Month  
Soft Modification 1-2 2-6 2-6 4+
Web Development 3-6 4-8 6-18 3-6+
Soft Integration 2-6 2-6 6-12 6+
New Software 4-8 3-8 6-18 8+

 

However, you may use some resources in more than one project as most resources do not work full-time on a project.

Risks Involved In Custom Software Development

Every software development comes up with a myriad of risks, and custom software is no exception. These involve many factors that contribute to the project failures. Here we presented you with a few of them:

Being Over Ambitious

The arrival of a new software project into the company portfolio is always a matter of excitement. The team usually gets excited about the new idea, opportunities, and challenges of the software idea.

It’s natural to build software that solves many problems and satisfies multiple needs of the clients.

Each of the team members feels positive about delivering an efficient software product in the end. Instead of being over-excited and thrilled about the project, you should think practically about providing that project on time and efficiently.

Use an MVP approach at the initial stage of product development and avoid being over-ambitious in the early stages of development.

No Specific Aim To Focus

Indulging yourself into a custom software development process can be daunting if your vision or goal is not clear and defined. The software development process does not run smoothly or in the right direction as you don’t have a clear vision or aim.

You are about to invest a considerable amount of funds, resources, and time without having a focused purpose. It is one of the significant business risks that startups usually face in their initial stage.

Poor Communication

Poor communication is one of the crucial risks that occurred while developing custom software. Lack of communication is the biggest loophole and a severe risk for project failure in the software development process.

Proper communication is crucial to ensure that the entire development team understands the project requirements, aim, scope, and timeline.

It’s necessary to thoroughly share all the new product channel specifications and the timeline to deliver the project. The developers should engage themselves in all project-related discussions and meetings to understand every aspect of the project developed.

Seamless and transparent communication between the two ensures the project is running on the right track.

Inaccurate Or Inappropriate Software Estimates 

Lack of communication can lead to the project’s big failure and affects your company’s budget for custom software development. Flawless and regular communication between the team members and managers leads to a detailed understanding of budget constraints, requirements, and timelines.

It enables development teams to provide an accurate project estimate and a clear vision of the overall roadmap to custom software development. 

Product Failures

It often happens that most of the apps that are built are left abandoned. They are created but not launched or promoted. Software processes are developed, monitored but never get upgraded time-to-time. The product failure risk is one of the most significant risks as you have invested a lot of time and effort in the development process. The teams then lose interest in the product as they are not engaged in it through time.

Risk Mitigation Strategies

Every software development comes with a lot of risks involved. Similarly, the risks associated with custom software development have risen, and many techniques and strategies that strive to mitigate the threats have evolved. The risk mitigation strategies have paved the way for the future success and growth of the software.

Begin With An MVP Development

Custom solutions have the potential to experiment with anything innovative and customized.

To develop robust digital and customer-centric products, you need to make more strategic decisions while considering software development.

For this, you need to start with an MVP development process. MVP is a repetitive development process that provides you with a digital product with minimal features and low cost.

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Here you get the customer-satisfied product without investing huge funds.

Your MVP would be the beta version to get your product idea tested by early adopters. MVP helps you test your product idea and transform it into a reality while improvising it or completely pivot based on your findings.

Follow an Agile Approach

Agile methodology helps you get the right custom product by managing business processes or tasks into a series of iterations or sprints.

With agile in hand, new modules can be added or reworked with each iteration/sprint. Agile development provides you with significant flexibility and scalability to your product and the business when combined with MVP strategy. It is an essential consideration as the software industry changes rapidly and efficiently with changing industry demands and trends. Incorporating new features and functionality into your product can bring a significant change to your business.

Manage Technical Risks At Earliest

As we know that trending technologies play a crucial role in custom software development, the skilled team of professionals takes ample time to research in-depth to implement them efficiently. It is understanding each of the technical aspects while software development can be challenging. Also, it involves many risks on the developer’s counterparts. Finding the strengths and loopholes in the technical architecture takes you a path towards getting a robust system.

Frequent And Seamless Communication Process

One of the significant reasons behind major software failures is the lack of a proper communication process. There should be no communication gap between the teams, managers, and clients. An appropriate communication channel connecting every team member with managers and leaders is necessary to build seamless communication. 

Also, keep your clients in the loop. Regular meetings and discussions are essential to avoid any misunderstanding or confusion.

Project timelines, estimate concerns, development bugs, and scope are crucial points needed to discuss the smooth software development process. 

Hence, clear and flawless communication during the entire software development cycle keeps all team members on the same page.

Conduct Testing Thoroughly

Once done with the software development process, testers should start performing testing thoroughly. All kinds of testing are the channels conducted to track errors, bugs, or any loopholes in the software developed.

There should be no room left for any bug. Developers must perform frequent testing to search and rectify issues that would have crippled the entire software. Testing at an early stage with efficient testing methods and tools ensures healthy and bug-less software delivery to the customer from start to finish. 

Finding Development Partner

How your software product looks and how efficiently it works depends on the dedicated efforts of both you and your company.

So, even if you take any wrong decision, it highly impacts your software product. However, if your every decision is correct, choosing the wrong software development partner may lead to severe product failure and a significant loss.

Here's a quick guide for you on how to find the right custom software company:

Prepare A List Of Potential and Deserving Candidates

The first step is to select a list of potential and skilled candidates from a pool of talented resources. Here you find them in two different ways-

  • Ask for referrals from the in-house team (check social media, email, contact individuals).
  • Search the Google engine and ask questions

Categorize each of the candidates based on their expertise, industry experience, location, pricing model, and so on.

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Shortlist Them

Now shortlist all the candidates and check their entire portfolio in-depth. Also, check for the red flags if any candidate possesses ( fake reviews, scandals, law breaks, etc.).

Shortlist the honest and genuine candidates or a reliable company that can work hard to contribute to your software development process.

Before hiring a company, send them your complete project details, including objectives and requirements, and specify the time and budget constraints. Also, do ask them for the project proposal with quotes.

Evaluating Proposals

After shortlisting, it’s time to evaluate proposals given by the companies. Compare every shortlisted company with its proposals and budgetary concerns. Don’t rush into making a decision-making process; always be transparent in discussing even the minor details.

Do not give any false hope to any one of them. Also, don’t get tempted by low prices.

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Selecting The Right Software Partner

Before selecting the right software development company, consider three main points at priority.

Discuss these things with your partner before signing any contract.

  • If you see any red flag in any way or the way the company representative communicates with you. It’s better to say no than to continue.
  • Make sure they understand your business requirements thoroughly. Also, they have the correct skill set and resources to start the development process.
  • Check the company’s current state if something fishy can harm your company’s reputation and development process. It includes big pay to staff, conflicts in the top management, cash flow disruptions, etc.

Lock The Deal

There are three significant contracts that you'll need to negotiate and sign to ensure that everything is set and clear:

  • NDA (a non-disclosure agreement)- Here, you do not have the right to disclose any confidential information to anyone anywhere.
  • SOW (a statement of work)- contains the pricing model chosen
  • MSA (a master governing contract)- includes what you should pay the maximum amount of attention to. It mainly concentrates on payment terms, portfolio use, intellectual property, and so on.
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Quick Checklist To Get The Right Custom Software Development Company On-Board

Any wrong decision in the software development process might lead you to software failure. So, make sure to consider all the aspects that impact your business growth before taking any decision.

We’ve come up with a quick checklist right here for you to select the best custom software development partner and get them on board as soon as possible

  1.   Consider all your project requirements to make an innovative and game-changing custom software product before hiring custom software partners.

  2.   Scan the business portfolios of all custom software development companies selected. Examine their services, technical expertise, and rich industry experience.

  3.   Perform a referrals strategy to hire a top custom software development partner

  4. Don’t get lured by the low development prices provided by few companies. Always focus on your pre-defined budget for developing custom software. Take appropriate actions and decisions according to your budget.

  5.   Make sure the partner or companies selected are working on the trending technologies. This includes or the ones you are working on will be implemented while developing your custom software application. Moving ahead with traditional technologies might low down your business growth. 

  6.   Decide on a fixed timeline and conduct meetings and discussions with your custom software partner to set all business objectives and avoid any confusion or misunderstandings if any.

  7.   Also, your prime responsibility is to make sure that any software application developed should be highly secure and robust. Don’t compromise with the security in any case.

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Best Custom Software Development Companies in 2021

With Custom Software Development, companies now have the freedom to develop any kind of application that dominates the web development industry and stay ahead of the competition. You can create your desired software application based on the desired tech-stack, rich skill-set, expertise, and development methodologies.

This guide helps you with the top-notch custom software companies to get the best, innovative and robust software built. These companies help you create excellent and custom-centric software right from the start.

Classic Informatics

Classic Informatics is a renowned global web development company offering customized and scalable web development solutions to its global clientele. Classic Informatics owns a team of 200+ software professionals working with it.

The company is working at their multiple offices located in Gurgaon, Chandigarh, Sydney, and London. The Professionals at Classic Informatics tend to deliver reliable customer-centric software solutions to their global clients.

You can hire remote developers, complete remote teams, or outsource an entire project or process to a custom software development firm that deliver rich expertise in Custom enterprise application development, Full-cycle custom software development, Mobile application development for Android, iOS, native & cross-platform, and Product development.

FATbit Technologies

FATbit Technologies is a famous and renowned name in the eCommerce industry that practices agile methodology to build top-notch custom software. Clutch also awarded FATbit in 2021 as one of the World’s Top 100 software development companies. They deal with trending technologies and have an overall experience of over 18 years in the software development industry.

The professionals at FATbit technologies deliver expertise in Custom software development, eCommerce development, Agile development, MVP, CRM, and ERP Development, Mobile applications Development, Digital marketing, and business consulting.

ELEKS

With a pool of 1600+ skilled specialists working and 12 office locations cited globally, Eleks is a leading custom software development company that helps businesses accelerate their business processes or workflows through custom software development, product design, QA, and consultancy services.

To date, they have delivered around 650+ projects and secured a promoter score of 66. The team works rightly with the new trending technologies that add value to your software product.

Moreover, they have rich expertise in custom Software and Application Development, Product Design and Development, and Blockchain.

A3Logics

A3logics is a 17-year-old custom software development company delivering  1285 projects to 587+ clientele in more than 69 countries. Since 2003, they have been providing top-notch web services to their clients through innovative delivery methods. 

They have a passionate team of skilled professionals that deliver the best IT software solutions by leveraging technologies including Artificial Intelligence, Blockchain, and the Internet of Things. They provide expert services in Website Development, CRM Solutions, Enterprise Mobility, and Mobile App Development.

 Iflexion

Iflexion is a renowned custom software development company since 1999 that is best known for delivering software-related services. The company owns a team of 850+ talented professionals catering to 500+ clients to provide top-notch software solutions. Iflexion is committed to delivering maximum value to its clients that help them succeed in constantly changing and challenging business environments.

They have rich expertise in Enterprise mobile apps, Ecommerce development, Business Process Automation, Web and mobile development.

Key To Effective Software Development

  • Support or automate unique business processes and transactions
  • Manage business-specific information 
  • Meet unique privacy or security requirements
  • Facilitate integration with legacy applications and data
  • Replace previous solutions at minimum cost and achieve higher productivity
  • Enable new opportunities or improve competitive advantage
  • Grow and adapt to changing requirements.

Concluding Thoughts

While focussing on achieving success with improved business processes and a dedicated team of professional talents, you need to concentrate on every business element that requires your attention.

Choosing custom software development is the preferable choice for startups.

We can make your job easier by helping you to select from the hub of custom software development companies that satisfy your software requirements effectively.

Classic Informatics is a custom software development company that provides you enormous benefits with a 97% client retention rate.

It’s high time today to rethink and revolutionize an innovative business strategy to build a great digital product with low development cost and time.

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kanika

Written by Kanika Gupta

Kanika Gupta, a professional tech writer works as a content writer in Classic Informatics, a leading web development company . She loves to write master tech pieces and let readers connect with it fluently.