When it comes to software for your business, there are two main options: in-house software, and third-party software. Both have their pros and cons, but in-house software has a lot of advantages over third-party software. It’s similar to purchasing a new truck for your business: do you want the generic, off the lot truck, or something that has the capability to meet your business’ needs?
Here’s how to decide whether your business should choose in-house software, and how it can be beneficial to you.
Top Factors To Consider When Developing Software In-House
It can be tricky to decide whether to use open-source customised software, or go all-in and develop your own in-house software for your employees to use. Some of the key questions to ask yourself break down into factors of cost, and capability.
How much time will it cost you – both time-wise, and monetary-wise – to build your new software from the ground up? And how is it comparable to purchasing software that fits a majority of your needs? Additionally, how much will it cost you to maintain said software over an extended period of time? Asking yourself these questions may help you see the value in in-house software for your company.
While the initial cost of having your software may seem daunting, the end result is a high-quality product that will be exactly what you want and need for your business.
Ask yourself: what do you need your software to do? Is there a program out there that can already meet your requirements? And do you foresee your business changing enough over the years that pre-built third-party software may quickly become obsolete to your business?
Third-party software may be unable to meet the demands your business requires, or may not be flexible enough to shift with you. However, if you choose to create software in-house, you’ll be able to develop it to fit any niche aspects of your business.
Ownership & Support
Unlike open-source software, if you choose to have your software developed in-house, you will benefit from complete ownership of the software upon completion. This means you could potentially market and sell the software in the future, should you reach this agreement with your developers.
If you choose the in-house approach, you will also benefit from hands-on training from the developers as they walk you through the software built especially for you.
Want to have a team on-hand to immediately discuss any roadblocks, new ideas, or general development? Developing your new software from the comfort of your own office gives you immediate access to your team during the development process, which is especially practical if you are working to a tight deadline. You can implement project changes faster and with less miscommunication, meaning fewer mistakes.
Your Personal Team
Want to ensure you have a dedicated team of professionals to create your software? When you opt for in-house development, you’re also finding a team that is right for you and your project. Whether you want to track inventory, digitise your workflow, or create new customer experiences that add value to your business, the right team hand-selected by you can get the job done right.
At Sprint Digital, we innovate, adapt and collaborate with you to create custom software best suited to your business goals. When you work with us, you’ll see the benefits and value of in-house software and how it can transform the way you do business.