Custom software development - Examples and Best Practices

During the pandemic, many industries have progressively introduced digital transformation in response to changing consumer behavior toward the online channel. Businesses that have embraced digital transformation have found that it not only improves the process but also reduces the cost of doing business. In this article, we would share with you the custom software development examples which have resulted in driving success in the digital transforming world, and the reasons why Taiwan can be your best destination for outsourcing Software.

What is custom software development?

Custom software development is the process of designing, creating, deploying, and maintaining software for a specific set of users, functions, or organizations.

Examples of custom software development

Customized software development is widely applied in a range of industry fields. We have selected the following examples that were built by 4i Tech and have made the product successful with the company.

• Fintech
  • The fintech industry uses a wide array of new technologies such as machine learning and artificial intelligence to reduce labor costs and improve service processes. Our client hopes to automate the credit application process through customized software, and by incorporating machine learning to automate the credit scoring process.
  • Solutions: An app was developed for applicants to apply for credits, upload their application data and documents, and follow up on the status of their application. We also integrated a third-party machine learning API that ranks the likelihood of success of the applications on certain metrics and helps our client speed up the service process.
• Smart Home
  • Hardware integration is another common custom software development case. Our client is in the IoT industry and was looking for building an app to control the connected devices at home and had the APP integrated with the hardware protocols.
  • Solution: 4i Tech has developed a customized APP that enables the user to keep track of the status of their devices and control them, turn devices on and off and check the temperature, humidity, etc. The app was developed to the client's specifications and works to the client's full satisfaction.
• Video streaming platform
  • Digital transformation in the video streaming industry evolves rapidly. Our client is a well-known video and audio streaming manufacturer looking to bring-in multi-tenancy technology to have the same program components shared in a multi-user environment.
  • With the built of multitenant architecture, multiple users are able to access from the same platform, and makes it possible to maximize resource and reduce operating costs in the long run.

Benefits of custom software development?

Customized software can better meet the business needs than packaged software, and adjust to the business model when needed. It is true that software is the core of driving the organization to adopt digital transformation and deliver value to its customers. If you are looking for a software services provider for your business, below are some considerations you might look into:

• Technical capabilities - From programming languages, and frameworks, to front-end/back-end tools, working with a full-stack development team can help businesses adapt quickly based on project needs.
• Area of expertise - Usually a company with more industrial experience can rapidly understand the industrial pain point and speed up the development process.
• Talent and quality engineers - Make sure the engineers are skilled and experienced to ensure the highest quality of work is delivered.

Will Offshore outsourcing be the right fit for you?

With the growing demand for software development, more and more companies are turning to offshore outsourcing and aim for cutting development costs and increase productivity. Taiwan is among Asia's top destinations for offshore outsourcing. Here are a couple of reasons why:

• Highly educated talent
  • Every year, more than 25% of Taiwanese have a bachelor's degree in engineering, providing businesses an opportunity to leverage top talent.
• Thriving IT Market
  • Taiwan has a reputation for technological innovation. Big tech companies like Microsoft, IBM, and Google had already expanded their presence to Taiwan and built data centers to be located in East Asia. It also shows the potential for Taiwan to become the next information technology network hub.
• Advanced in internet infrastructure
  • The advantageous geographical location between east and southeast Asia has made Taiwan become an important center for submarine communication cables, and greatly supports the key growth of Taiwan's reliance on the IT industry.
• Read more on Why should you get your software developed in Taiwan?

Summary

Digital transformations are aimed at creating better service processes for customers, and each company has its own unique customer journey, make sure to get a full evaluation before integrating digital technology into your organization. Reach out to the 4i Tech team to get a free consultation, we will be in touch with you shortly with you!