Suyati Technologies
  • SOLUTIONS
    • BUYER RHYTHMS
      • INTEGRATE PLATFORMS
      • ANALYZE DATA
      • ENGAGE CUSTOMERS
  • INDUSTRIES
    • EDUCATION
    • PUBLISHING
    • MEDIA AND ENTERTAINMENT
    • MANUFACTURING
    • RETAIL
    • HEALTHCARE
    • START-UPS
  • PLATFORMS
    • CMS
      • EPISERVER
      • EKTRON
      • SITECORE
      • SITEFINITY
      • KENTICO
      • DRUPAL
      • WORDPRESS
      • JOOMLA
    • CRM
      • SALESFORCE
      • MICROSOFT DYNAMICS CRM
      • SUGARCRM SERVICES
    • ECOMMERCE
      • MAGENTO
      • NOPCOMMERCE
      • COMMERCE SERVER
      • OPENCART
  • TECHNOLOGY
    • MICROSOFT
      • ASP.NET
      • BIZTALK
      • SQL SERVER
      • SHAREPOINT
    • OPEN SOURCE
      • NODE.JS
      • PHP
      • PYTHON
      • RUBY ON RAILS
    • MOBILE
      • WINDOWS
      • ANDROID
      • IOS
    • CLOUD
      • FORCE.COM
      • HEROKU
      • AZURE
      • AMAZON WEB SERVICES
    • BIG DATA
      • BIG DATA SMACK
      • COUCHDB
      • MONGODB
  • TALENT
    • LIFE AT SUYATI
    • TEAM SPEAKS
    • JOB OPENINGS – USA
    • JOB OPENINGS – INDIA
  • ABOUT US
    • OUR STORY
    • ADVISORY BOARD
    • MANAGEMENT TEAM
    • PARTNERS
    • BLOG
    • PRIVACY POLICY
    • CONTACT US
    • TESTIMONIALS
    • ENGAGE WITH US
Suyati Technologies
  • SOLUTIONS
    • BUYER RHYTHMS
      • INTEGRATE PLATFORMS
      • ANALYZE DATA
      • ENGAGE CUSTOMERS
  • INDUSTRIES
    • EDUCATION
    • PUBLISHING
    • MEDIA AND ENTERTAINMENT
    • MANUFACTURING
    • RETAIL
    • HEALTHCARE
    • START-UPS
  • PLATFORMS
    • CMS
      • EPISERVER
      • EKTRON
      • SITECORE
      • SITEFINITY
      • KENTICO
      • DRUPAL
      • WORDPRESS
      • JOOMLA
    • CRM
      • SALESFORCE
      • MICROSOFT DYNAMICS CRM
      • SUGARCRM SERVICES
    • ECOMMERCE
      • MAGENTO
      • NOPCOMMERCE
      • COMMERCE SERVER
      • OPENCART
  • TECHNOLOGY
    • MICROSOFT
      • ASP.NET
      • BIZTALK
      • SQL SERVER
      • SHAREPOINT
    • OPEN SOURCE
      • NODE.JS
      • PHP
      • PYTHON
      • RUBY ON RAILS
    • MOBILE
      • WINDOWS
      • ANDROID
      • IOS
    • CLOUD
      • FORCE.COM
      • HEROKU
      • AZURE
      • AMAZON WEB SERVICES
    • BIG DATA
      • BIG DATA SMACK
      • COUCHDB
      • MONGODB
  • TALENT
    • LIFE AT SUYATI
    • TEAM SPEAKS
    • JOB OPENINGS – USA
    • JOB OPENINGS – INDIA
  • ABOUT US
    • OUR STORY
    • ADVISORY BOARD
    • MANAGEMENT TEAM
    • PARTNERS
    • BLOG
    • PRIVACY POLICY
    • CONTACT US
    • TESTIMONIALS
    • ENGAGE WITH US
Home > Blog > CIOs rely on custom software development to gain competitive edge

CIOs rely on custom software development to gain competitive edge

by Team Suyati October 21, 2011
by Team Suyati October 21, 2011 0 comment

65% of companies in an Annual Survey on IT budgets and technology trends are still bullish about outsourcing. 83% of them will increase or keep their IT budget the same next year. 58% of them choose India to outsource their business.

If these statistics are not enough to convince businesses about the viability of outsourcing, the latest trend in IT should – CIOs start building their own custom software instead of buying or sourcing them from the cloud.

Inspite of the availability of more economical and ready-made/packaged business apps in the cloud, or Enterprise wide comprehensive solutions, businesses still think that the best way to establish a competitive edge is to create innovative software. Whether it is to cater to a unique business process (logistics software for sending goods to Afghanistan in pristine condition) or to forge ahead of the competition (business intelligence to mine data from 70 companies across 9 industries), CIOs are creating business cases to justify the development of custom software.

So are businesses returning to the good ol’ days of huge application development? Not necessarily, says Exeter Group’s Gutierrez. “… innovative companies will always find the need to develop custom code. Not because they want to return to the days of big application-development shops, but because the stuff just doesn’t exist yet to do what you want to do.”

How does this trend benefit outsourcing companies? Immensely, if you read between the lines. Businesses want custom software for which they need to justify the risk, time, and money spent. And since custom software is based on the unique business needs (which will change as businesses enter new markets, or create new products), projected development costs can go for a toss quickly. Add to this the need to hire developers (temporarily or for the long-term) with different skill sets, including overall understanding of the business objectives and the need to keep the project under wraps until fruition.

Agile development, low risk and investment, developers with experience in business and technology, zero tolerance for delays, world-class IP protection, and flexibility in cost is the need of the hour for CIOs looking to increase their competitive advantage through customer software development. May we recommend Suyati’s DGT?

We’re listening.

Have something to say about this article? Contact us to know more or share it with us on Facebook, Twitter or our LinkedIn.

 

0 comment
0
FacebookTwitterLinkedinTumblr
previous post
CIOs still bullish on outsourcing – Part 1
next post
Keep your Rockstar employees happy!!

You may also like

Dreamforce 2019: Here’s What you Missed

December 3, 2019

The Challenges of Delivering Personalized Quotes in Insurance

November 29, 2019

Here’s What the Latest Power BI Desktop Updates...

November 25, 2019

Key Takeaways from DX Summit 2019

November 20, 2019

Shravana Pulari’19 — When Onam came to Suyati...

November 8, 2019

How to optimize your CMS for better customer...

November 6, 2019

Why is Personalized Martech Gaining Popularity?

October 30, 2019

Salesforce Introduces Manufacturing Cloud- A Complete CRM Package

October 30, 2019

Sitecore to Bring in Global Experts: Symposium 2019

October 29, 2019

How To Choose The Right Metrics To Measure...

October 24, 2019

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Keep in touch

Twitter Linkedin Facebook Pinterest

Newsletter

Liked what you are reading?

Please prove you are human by selecting the Car.

Recent Posts

  • Dreamforce 2019: Here’s What you Missed

    December 3, 2019
  • The Challenges of Delivering Personalized Quotes in Insurance

    November 29, 2019
  • Here’s What the Latest Power BI Desktop Updates Mean for Business

    November 25, 2019

Categories

Newsletter

Liked what you are reading?

Please prove you are human by selecting the Truck.

  • Twitter
  • Linkedin
  • Facebook
  • Instagram
  • SOLUTIONS
    • BUYER RHYTHMS
      • INTEGRATE PLATFORMS
      • ANALYZE DATA
      • ENGAGE CUSTOMERS
  • INDUSTRIES
    • EDUCATION
    • PUBLISHING
    • MEDIA AND ENTERTAINMENT
    • MANUFACTURING
    • RETAIL
    • HEALTHCARE
    • START-UPS
  • PLATFORMS
    • CMS
      • EPISERVER
      • EKTRON
      • SITECORE
      • SITEFINITY
      • KENTICO
      • DRUPAL
      • WORDPRESS
      • JOOMLA
    • CRM
      • SALESFORCE
      • MICROSOFT DYNAMICS CRM
      • SUGARCRM SERVICES
    • ECOMMERCE
      • MAGENTO
      • NOPCOMMERCE
      • COMMERCE SERVER
      • OPENCART
  • TECHNOLOGY
    • MICROSOFT
      • ASP.NET
      • BIZTALK
      • SQL SERVER
      • SHAREPOINT
    • OPEN SOURCE
      • NODE.JS
      • PHP
      • PYTHON
      • RUBY ON RAILS
    • MOBILE
      • WINDOWS
      • ANDROID
      • IOS
    • CLOUD
      • FORCE.COM
      • HEROKU
      • AZURE
      • AMAZON WEB SERVICES
    • BIG DATA
      • BIG DATA SMACK
      • COUCHDB
      • MONGODB
  • TALENT
    • LIFE AT SUYATI
    • TEAM SPEAKS
    • JOB OPENINGS – USA
    • JOB OPENINGS – INDIA
  • ABOUT US
    • OUR STORY
    • ADVISORY BOARD
    • MANAGEMENT TEAM
    • PARTNERS
    • BLOG
    • PRIVACY POLICY
    • CONTACT US
    • TESTIMONIALS
    • ENGAGE WITH US

© 2019 Suyati Technologies


Back To Top
Suyati Technologies

Popular Posts

  • 1

    What are the Top 3 risks for implementing a CX Program?

    August 30, 2019
  • 2

    How to build Employee Advocacy for your Business?

    September 3, 2019
  • 3

    Do you need a separate CX Team at your company?

    September 2, 2019
  • 4

    What is Salesforce CRM and what does it do?

    February 19, 2014
  • 5

    Steps to Migration – Salesforce Classic to Lightning

    April 8, 2019
© 2019 Suyati Technologies

Read alsox

Guide to languages Python and R: Machine learning and data...

January 4, 2017

Cost Saving Tips on Public Cloud Infrastructure

April 6, 2016

Advantages of Microsoft Azure Government Cloud

November 9, 2016
Suyati Logo

Technology Insights. Delivered.

Know more about business technology platforms for your enterprise.

Thank you!

We're glad to have you as part of our community. Please feel free to contact us anytime with feedback or suggestions.

Suyati Logo

Leaving So Soon?

Know more about business technology platforms for your enterprise.

Thank you!

We're glad to have you as part of our community. You'll start receiving updates shortly. Please feel free to contact us anytime with feedback or suggestions.

By continuing to use this website you agree with our use of cookies. Read More Agree