SOLUTIONS JUST FOR YOU
Custom-tailored software
delivers better business results
Custom software accelerates business growth, increases employee and end-user satisfaction, while reducing costs. If you need software tailored to your organization, you’re in the right place.
SOLUTIONS JUST FOR YOU
Custom-tailored software
delivers better business results
Customing software accelerates business growth, increases employee and end-user satisfaction, while reducing costs. If you need software tailored to your organization, you’re in the right place.
What is Custom Software Development?
Software solutions can either be commercial, also known as “off-the-shelf” (Commercial-Off-The-Shelf software or COTS), or customized and tailored to make tasks easier.
Custom software development refers to the process of designing, creating, deploying, and maintaining software tailored for a specific set of users, functions, and/or organizations.
The choice between a custom software or a commercial off-the-shelf (COTS) solution depends on your business’s specific needs.
Pros and cons of custom software development
Custom software tailored to the specific needs of an organization has many benefits:
Cost-effective investment
Offers a better user experience
Increases efficiency
Isn’t subject to external licensing
The cons are time and money:
Development time
Custom software development typically takes 4.5 months, depending on the complexity of the project.
Costs
Custom software costs vary based on your requirements, with a global median of around $36,000 and typical prices ranging from $3,000 to $120,000.
One of the main advantages of COTS is its suitability for widespread use. COTS’s design satisfies a wide range of potential user needs, making it appropriate for mass commercial distribution. On the other hand, custom software development involves creating, deploying, and maintaining software specifically tailored to users, functions, and organizations.
Important: COTS solutions may require smaller initial investments, but as the number of users, licenses, and service fees increase, the long-term costs rise significantly. Their limited flexibility can impact speed, productivity, and efficiency.
Investing in custom-developed software is a strategic move, but why is it worth it?
Yes. Custom Software brings Growth
Investing in customized solutions creates a flexible environment that adapts to business growth and new requirements.
Companies that use more technologically advanced solutions, such as custom-developed software, grow four to five times faster than their competitors. The retail and financial industries particularly benefit from this.
Companies that efficiently utilize technology have 60% higher total shareholder returns and around 20% higher operating margins. Additionally, such companies see higher rates of innovation, as much as 55%, and lead in customer satisfaction – a critical factor in this context. In the last 18 months, around 75% of users have tried a new shopping behaviour, and more than 80% intend to continue with their newly acquired shopping patterns.
Businesses that acknowledged and adopted the trend of customizing the user experience saw a 40% increase in revenue. This is hardly surprising, as 71% of users expect a personalized experience and 76% express dissatisfaction when it’s not delivered. As a result, three-quarters of users will seek a competing provider that meets their expectations.
As the investor also owns complete architecture, implementing new system changes is generally cheaper and more accessible.
Other Benefits of Custom Software Development
Custom software development allows seamless integration of third-party software solutions and ensures regular maintenance and adaptation to your needs by your contractor.
One of the key benefits of customized solutions is data protection. According to the latest report on the cost of data breaches, a single incident costs a company an average of $4.88 million. Additionally, the detection and removal processes typically last more than 100 days, and the costs of data breaches have increased by 10% in just one year.
A high-quality customized solution significantly reduces these risks.
5 steps of application lifecycle management (ALM)
Every software development follows the same basic steps regardless of the product's nature or type. This uniform approach ensures consistency, efficiency, and quality across all facets of product development.
1. Requirements analysis and specification
2. Design and development
3. Testing
4. Deployment
5. Maintenance and support
Processes vary based on the chosen work methodology, programming language, and framework for development.
Regarding methodology, recent research indicates that Agile development has become the dominant approach, closely followed by more traditional methods such as Scrum and Waterfall. Most developers use three programming languages: JavaScript, Python, and Java. Python is considered the fastest growing.
Processes vary based on the chosen work methodology, programming language, and framework for development.
Regarding methodology, recent research indicates that Agile development has become the dominant approach, closely followed by more traditional methods such as Scrum and Waterfall. Most developers use three programming languages: JavaScript, Python, and Java. Python is considered the fastest growing.
Why TIS GRUPA?
TIS GRUPA has been creating custom solutions for clients for over 30 years, applying them in industries like fintech, public administration, telecom, logistics, smart agriculture, and healthcare. Our team consists of experienced experts capable of in-house development of any custom solution, regardless of its application or steps within ALM.
Millions of people in Croatia and abroad use the solutions we developed daily.
With our extensive experience and consistent analysis of technology trends, we can be your trusted partner in effectively addressing complex challenges.
Work with us
Whether you seek traditional IT services or customized solutions, we assist with the selection, development, integration, and maintenance of services tailored to your organization's needs.
With our offices in the UK, Croatia and Slovenia, we can move fast and help you reach your business goals to stay relevant today- and in the future.
Join the many companies that have secured their future with TIS GRUPA's innovative solutions.
