.webp)
Experience the power of Luzmo. Talk to our product experts for a guided demo or get your hands dirty with a free 10-day trial.
Custom software development has been a popular practice for SaaS businesses. A solution built from scratch will perfectly fit their unique needs. But off-the-shelf software is quickly becoming the preferred, faster and cheaper alternative.
Is custom software development worth the cost? Below, we’ll highlight the difference between custom software development and off-the-shelf software. Find out which approach is best for your SaaS product!
Custom software development is the process of creating software applications that are tailor-made to the specific needs of a business. Developers build an application or a feature from scratch, based on the company’s unique requirements. Engineering teams have complete control over the software. They can ensure it meets their needs and integrates with their existing systems.
In contrast to custom software development, off-the-shelf software is a pre-built solution. SaaS products can use these tools without programming every functionality from scratch. These software solutions can be integrated into existing software applications. Typically, they address common SaaS product needs, such as:
Off-the-shelf software is a match made in heaven for SaaS companies. It provides a quick solution for features and functions their customers want, but aren’t the company’s main focus.
Are you deciding between custom software development and off-the-shelf software? There are a lot of factors to think about.
Do you have very specific requirements? You can’t think of any software solution that could ever meet these needs? Then custom software development is a good option. However, building and maintaining custom software is time-consuming and expensive. And it requires a high level of expertise.
Off-the-shelf software is typically less expensive and faster to implement than custom software. Plus, it’s easier to maintain. You can rely on a third party software vendor, and their rooted expertise in the domain.
The main benefit of software customization is the option to cater to your company’s unique requirements. However, businesses need to take into account the risks.
If you want to move faster at a lower cost, off-the-shelf software is a viable option for your business.
Finding an off-the-shelf software that meets your specific needs takes time. Be careful to assess whether it easily integrates with your existing systems. Some off-the-shelf software may not address all your needs out of the box. But with the right add-ons, integrations or customizations, you get the best of both worlds.
When evaluating off-the-shelf software, businesses must consider several factors.
Free trial periods are a great way to test off-the-shelf solutions. You can test the software for free and assess whether it meets your specific needs.
Off-the-shelf software will make life easier for your software engineers. This pre-built solution comes packed with powerful features and functionalities. It’s great to save time and money, without compromising on the quality of your platform.
You don’t need to be a tech genius to use off-the-shelf software. Plenty of tools today are low-code, or even no-code. Customer success, product managers or account managers will easily find their way around. It lets small, ambitious teams scale faster without burning out their engineers. Developers regain time to focus on what they do best: building more complex, core features.
Many SaaS businesses prefer to build features in-house to maintain control. However, off-the-shelf software offers plenty of options to customize. With well-documented APIs, a developer can add all the bells and whistles you could wish for. And they can do it in a few hours, instead of weeks of custom development.
It’s like having the best of both worlds. The convenience of pre-built software with all the flexibility you want.
You may wonder: which use cases can I cover with off-the-shelf solutions? A customer dashboard is a great example.
Imagine you’ve built a project management AI tool. Your product’s core goal is to help businesses track and manage their projects and tasks. But to do so effectively, project managers using your product may want to analyze a few data points.
Great! But… your developers are trained to build project management features. They don’t have the expertise to build advanced interactive dashboards. And yet, your product users want these insights to make confident decisions.
So do you ignore their wishes?
With embedded analytics software, you no longer have to. This is a great example of the power of off-the-shelf software. It simply injects powerful dashboards into any software product. Developers can set up an integration in a week’s time. And customer success teams can whip up useful dashboards in just a few hours!
Smart and efficient SaaS companies are no longer wasting time and money on developing features that have been built by others countless times before. With powerful building blocks, SaaS companies now add new functionality to their products at a fraction of the cost and time.
Want to see it for yourself, and try out an off-the-shelf solution? Start a free 10-day trial with Luzmo, and build a good-looking dashboard for your product users in less than a day.
Experience the power of Luzmo. Talk to our product experts for a guided demo or get your hands dirty with a free 10-day trial.
