Should you design your own software solution or can existing tools meet your business needs at a fraction of the cost?

There are many factors to consider in choosing the best software solution
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Technology is a core part of any business these days, and this has led to the boom of software as a service (SaaS) where companies make use of cloud computing to distribute pre-built software to power other businesses. This model makes it easier to automate workflows such as data analytics and boost efficiency.

Technology is a core part of any business nowadays
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On the other end of the spectrum, however, there are businesses that need more horsepower for their platforms, and off-the-shelf software just doesn’t cut it there. To answer this demand, specialised software development agencies create custom solutions that cater to individual company needs and specifications.

Adapting ready-made software can be a cost-effective solution
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If you are a founder who’s looking for something to get you up and running so you can start working on your ideas right away, adapting a ready-made solution can be the best first step, yet as you grow, you may well consider switching to custom-built platforms to host your business, so you have more control over individual features.

Custom software can give your business greater flexibility
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But which is right for you? The choice depends on a number of factors such as cost, compatibility, functionality and flexibility. This infographic by Intelligent Bee breaks down some of those variables to help you make the best decision.

Cost, compatibility, functionality and flexibility are important factors when choosing software
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Alice Bonasio is a VR Consultant and Tech Trends’ Editor in Chief. She also regularly writes for Fast Company, Ars Technica, Quartz, Wired and others. Connect with her on LinkedIn and follow @alicebonasio and @techtrends_tech on Twitter.

The post Infographic: Off-the-Shelf versus Custom Software appeared first on Tech Trends.