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Introduction
Software drives every aspect of our economy. From the largest programs running our utilities and infrastructure to the smallest specialist applications, it’s impossible to overstate the important role software plays in our day to day lives.
And the industry shows no sign of slowing down. COVID-19 has driven businesses around the world to quickly embrace a work-from-home culture and invest in all the software and technology that is required to make that happen. Many of these changes will be permeant and in fact 80% of businesses in North America and Europe anticipate year-over-year tech spending to stay the same or increase.
Custom software development services are a rapidly-growing subset of the software industry, experiencing a 33% compound annual growth rate in the past five years. More and more businesses are deciding that it’s worth the time and cost to develop tailored software solutions rather than choose standard, off-the-shelf (OTS) products.
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What is Custom Software Development?
Simply put, custom software development is the design and creation of desktop and mobile software applications built to a user’s exact needs and specifications. Whereas Off The Shelf (OTS) software packages are pre-built systems. These systems often need users to adapt their processes to conform to the applications, customized software is instead tailored to the business’ unique needs.
