Here are five reasons why you might want to build your own software:
- You can decide exactly what you want and design your software to fit the business rather have to change your business to fit the software.
- You own what you build. Any software development you have done becomes a fixed asset of value to your business – at the very least the value you pay to have it developed, but often a lot more as it will be designed to do something faster or smarter than you were doing it. This can lead to a much higher valuation of your business – magnitudes higher in some cases.
- Designing a custom software application for a business requires a deep understanding of how that business works – spending time analysing this can be a beneficial side product of the process. Bottlenecks and pain points are often identified during this stage and improvements made, saving you time and money going forward.
- Model and systemise what you already do better than your competitors – solidifying this into an automated, repeatable process that can be done faster, more efficiently and more consistently than before.
- Engage and empower your staff to help your business grow – new software development can be an exciting project to be involved in and it puts your key team members at the heart of driving your business forward. Any problems or niggles they have with how you do things have an opportunity to be discussed and improved.
“Whoever wins in IT tends to win
Technology, not talent, is ultimately what differentiates the winners and losers”
Sir Clive Woodward
Former rugby union player and coach
