Custom software development is the process of conceptualizing, designing, creating, deploying, and maintaining software for specific purposes, users, functions, organizations, or third parties. Also sometimes called bespoke software, custom software meets specialized business requirements and can improve efficiency in business processes for a variety of industries. In the current highly competitive business environment, growth requires managing your business efficiently. A strong digital strategy with modern custom software can help. Differences Between Custom Software Development and Commercial Off-the-Shelf Software: Commercial off-the-shelf software (COTS) is designed for the broader requirements of the mass market. In comparison, custom software is a tailored solution targeted at a narrow set of requirements, typically for a specific company or enterprise. Examples of COTS: COTS is packaged and marketed commercially for many users and general business functions. Common examples include\u2026 Microsoft Office, Antivirus software, Salesforce, Windows operating system, Intuit QuickBooks, Adobe Acrobat, PhotoShop, InDesign, Illustrator, etc. What is an Example of Custom Software Development: Custom software is designed for your specific business requirements and is not available for use by other companies. It\u2019s a one-of-a-kind solution. As a result, it should communicate in the standard language of your specific company or industry, as well as be easy to learn. Common examples include\u2026 Online banking applications, B2B account management, e-commerce solutions, Students portals for schools and universities, Management and scheduling tools. The development work of custom software is performed by in-house teams or sometimes outsourced to a third party. With custom software, you get a unique blend of flexibility and performance boost. Its development process, management, and methodologies are the same as for any other kind of software. Who Needs Custom Software Development? Custom software can facilitate the effective management of a growing organization by providing functions to meet your specific business requirements. It also can be more useful for business productivity than COTS, helping companies maintain competitiveness and consistent revenue growth. Any industry that requires complex document management, specialized billing or financial management, in-depth strategic planning, or intensive planning has either implemented or is considering implementing custom software. The following industries often use custom software\u2026 Who Needs Custom Software Development? IT, Hotels, Healthcare, Marketing agencies, Law firms, Call centers, Real estate, Education, Manufacturing, Insurance. Why is Custom Software Development Important? Custom software development makes sense when your business needs a specialized or unique approach. With a custom software solution, your business can optimize internal business processes and automate logistical functions. Also, you can\u2026 Run your content management systems more smoothly, Improve performance for all critical functions within your business, Optimize the management of customer engagement channels for targeted revenue generation. If you have any questions, contact us.