The quest to evolve digitally has prompted many tech enterprises to invest in new software/technology solutions to explore the market in terms of revenue and make public life easier. However, when an organization announces a brand-new investment, it is flocked by already available options in the market by players of the tech industry.
Is investing in already existing solutions an excellent way to get a foothold in such a competitive industry? According to industry experts, not always. Tech businesses should be encouraged more and more to invest in their custom CAD software development. Having a personalized asset in your digital arsenal is so much needed these days. They can be efficient and adjustable, which will turn out to be beneficial for business in the long run.
Although investments of that kind tick off many business owners due to the cost aspect, it is always worth the investment if done the right way.
Here is an outline of how custom software development is highly recommended for your business.
The intention behind custom-made CAD software is to target the specific requirements of the organization. Every business needs tailored digital solutions that focus on individual business needs and addresses particular issues. Having custom-made CAD software gives one a competitive edge in such a fast-growing market.
Easier to Scale
As your business grows with time, your needs will change, and consequently, your business solutions will need an update. Readymade software solutions usually work for small-scale companies. However, custom-made software that can grow and scale your business processes is highly recommended if you don’t want to be held back by purchased software & features and want to succeed at your own pace.
Integration with other software
Custom CAD software facilitates easy & smooth integration of your product with other software in use or already existing in the market. It prevents integration issues, and it is tailor-made to fit within any business’ software ecosystem easily, that too without errors.
A subcontractor in home construction industry would prepare quotation by marking up the home layout in a pdf document, followed by listing out various material and overhead costs. Such manual approach was affecting the turnaround time and accuracy/consistency of the quotes.
Prescient developed the solution in multiple phases as given below:
- First phase of the solution focused on creating 3D schematics and modifications with pdf as a background. This form of digital markup helped speed up the material calculations.
- Second phase was about improving the material calculations for better utilization while honoring various constraint. This helped creation of optimal quotes in consistent manner.
- Third phase integrated the materials catalogs including standard sizes & pricing. This helped in keeping the costing more up to date.
- Fourth phase added enhancements to various workflows, as per user’s feedback to enhance usability of the overall application.
Independence from 3 rd party developer
An essential point while purchasing readymade software is that it depends on the organization that has developed it — from cost to terms and conditions of use. In the event of any unfortunate mishap or bankruptcy, the developing company might stop updating the product. Such news is not pleasant for your business as you will be in dire need of another provider with their own set of terms of engagement.
Potential for future innovations
Innovation drives every competitive business scenario today. Competition breeds innovation. More innovations mean you have more chances of addressing varied consumer interests. When organizations buy expensive and ready-to-deploy software applications from reputed vendors, it often limits their likelihood of innovation. Custom software drives more experiments and helps grind out innovative concepts faster without being dependent on outside technology vendors to do it. It builds an exceptional market competence as your brand is recognized as a precursor rather than a latecomer in the innovation arena.
The modern market demands every technology implementation to go hand-in-hand with business objectives. Business firms need to have a clear idea of use cases that particular technology could solve. With custom software, firms can address such use cases and work on them without any restrictions, as long as they want it. Although they need to carry out the maintenance themselves, it provides benefits worth the expenses on a larger scale.