In today's fast-paced world, technology is not just a tool; it's the backbone that supports every aspect of modern business. The technology-driven environment demands more than just off-the-shelf software; it requires tailored solutions that align with unique business goals and processes.
But to effectively leverage technology, many businesses are opting to hire a software development company. And for a good reason. According to Forbes over 90% of G2000 companies have had ongoing contracts with ITOs over the past 5 years.
But why exactly should your business consider taking this route? What are the tangible benefits that make this a sound investment? In our article, we will explore 9 compelling reasons to hire a software development company. Let’s dive in and learn more!
On the spot
There are many reasons to partner with a software development company, and here are exactly what they are:
⦿ Expertise and Specialization
⦿ Access to Latest Technologies
⦿ Time and Resource Optimization
⦿ Customized Solutions for Unique Business Needs
⦿ Increased Security and Data Protection
⦿ Ongoing Maintenance and Support
⦿ Faster Time-to-Market for Products and Services
⦿ Scalability to Accommodate Business Growth
⦿ Long-term Cost Savings and ROI
Interested in getting to know more about each reason? Stay tuned!
Reason 1: Expertise and Specialization
Huge background and proven expertise are not just desired, they are vital. A software development company provides a team of professionals who are not only trained in the latest technologies but are also specialists in various domains whether it's healthcare, sports, e-commerce, government, education, or anything else.
These people have dedicated their time and effort to become experts in their field, which means they have a deep understanding of the subject matter and can provide valuable solutions, handle complex tasks and solve issues. This not only ensures that your project is handled with utmost professionalism but also that the end product is aligned with the highest industry standards.
Such proven success is often evidenced by an impressive portfolio showcasing previous projects and satisfied clients. (You can check out our success stories to take a closer look at how we work.)
The value of such expertise and specialization transcends the immediate project, often fostering innovation and future growth.
At our company, we have one of the proven models we use — The SENLA Unit — a project pod with a senior developer, middle developers, and junior developers.
Middle-level developers are our highly skilled professionals who are fully self-sufficient to complete project tasks.
We also engage junior developers who independently perform simple tasks and help others close complex ones so as not to distract their senior colleagues.
Reason 2: Access to Latest Technologies
By hiring a professional software development company, you gain immediate access to the latest technologies and methodologies. These companies are equipped with the foremost tools and platforms, ensuring that your project is developed using the most advanced and relevant stack.
Using the latest stack leads to high-quality solutions that are scalable, secure, and in line with current industry trends.
At SENLA, we have more than 5000 mandays of development in all the latest technologies and project management methodologies choosing the most suitable ones for our Clients' projects, providing the most personalized and innovative solutions.
Reason 3: Time Optimization
Hiring a software development company is a strategic step towards optimizing time. With a specialized team at the helm, project timelines are often reduced due to their outstanding expertise.
A software company also brings in refined processes and methodologies, eliminating the trial and error that might slow down in-house teams. Additionally, by outsourcing software development, internal resources can be redirected towards core business functions, enhancing overall productivity.
This results in the optimal utilization of manpower and finances, a seamless development process that propels the business forward with minimized overheads and maximized outcomes.
By carefully estimating development time, we can streamline our Client’s processes and eliminate any unnecessary tasks or steps. This time optimization also helps us prioritize our workload and focus on the most important tasks at hand.
Reason 4: Faster Time-to-Market for Products and Services
Being able to bring products and services to market quickly is crucial for staying competitive. With a team of experts focused solely on your project, development cycles are streamlined and made more efficient. They leverage their experience, best practices, and advanced tools to expedite the development process without compromising on quality.
What's the result? Your software solution is ready for deployment faster, enabling quicker launches and immediate value realization. This positions your company as a market leader and translates to business agility, allowing you to seize opportunities as they arise.
Fast-Track Your Innovation
Launch superior products and services, propelling your market presence
Reason 5: Long-term Cost Savings and ROI
Hiring a software development company might appear as an added expenditure, but in reality, it's a strategic investment with significant long-term returns. By entrusting your software needs to experts, you avoid the common pitfalls and inefficiencies that can escalate costs over time.
Outsourcing professionals deliver high-quality, robust solutions that require less maintenance and fewer costly updates. Additionally, they can implement the most suitable and cost-effective technologies, ensuring optimal performance without exorbitant licensing fees or system redundancies.
Outsourcing also eliminates the need for continuous in-house training and infrastructure upgrades, leading to consistent savings. Simply put, while there's an upfront cost to hiring a software development company, the long-term savings and amplified ROI make it a financially savvy decision. Over time, you will find that this partnership doesn't just save money; it actively contributes to their financial growth.
Here’s a rough estimate of how you can optimize your costs in the long term with us:
Potential annual savings:
Annual savings on one mid-level engineer's hiring, support and retention.
- Office expenses
- Social packages
- Sick leaves
- Premiums and bonuses
- Personal equipment
- Training and mentoring
Annual administrative costs optimization for one mid-level engineer.
- Training laboratories and programs
- Related services
software development velocity improvement
Reason 6: Customized Solutions for Unique Business Needs
In a world filled with off-the-shelf software options, many businesses find that a one-size-fits-all approach often falls short of addressing their specific challenges. Every business is different and has its own set of requirements, processes, and goals.
By opting for customized solutions from a software company, you can ensure that your specific needs are addressed and that a vendor follows a system that is tailored to your workflows and preferences.
Furthermore, customized solutions enable you to enhance your business productivity and efficiency by automating your specific repetitive tasks and streamlining processes. This can save time, reduce errors, and improve overall performance.
By understanding Client’s nuances and intricacies of the company's processes, our experts develop custom software that not only fits seamlessly into existing workflows but also elevates them.
To get more insight into all the benefits of custom development, we encourage you to read our article "7 Benefits of Custom Software Development: why choose it over off-the-shelf".
Reason 7: Increased Security and Data Protection
Security of software solutions is not just a priority—it's an imperative. When you hire a professional software development company, you're not just obtaining their engineering expertise but also their knowledge in implementing robust security protocols.
Company’s experts are well-versed in the latest security threats and countermeasures, ensuring that your software is fortified against potential vulnerabilities. They implement rigorous data protection standards, safeguarding your company's valuable information and that of your customers.
This commitment to security goes beyond the initial development phase; many software companies offer continuous monitoring and updates to address evolving threats.
At SENLA we prioritize security and confidentiality as key elements in our services. We adhere to strict data protection protocols, follow global security standards like ISO 9001, ISO 27001, and HIPAA, and sign non-disclosure agreements to guarantee the protection of your intellectual property and project confidentiality.
Learn more about security in software development in our article "How To Ensure Cyber Security In Software Development: 12 best practices for outsourcing".
Reason 8: Ongoing Maintenance and Support
Speaking of updates, the journey of a software solution doesn't end once it's developed and deployed. Like any vital business asset, it requires regular maintenance and updates to stay relevant, efficient, and secure.
When you collaborate with a software development company, you gain the assurance of ongoing support. Upon your request, these experts stand by their products, ensuring that any issues or bugs that arise are promptly addressed. Furthermore, they provide periodic updates to keep the software in tune with evolving business needs and technological advancements.
We don’t just develop software, we partner with our Clients even after deployment, constantly maintaining product viability and improving it by providing technical support.
We are always ready to go beyond deployment.
We offer lifetime warranty for all our products. This grants our Clients peace of mind knowing that we will get back and fix everything that might go wrong in production.
Besides, we also offer maintenance services for everyone who needs them. For Abbott, for instance, we went beyond just regular technical maintenance. We have created a dedicated support team that works 24/7 when the company hosts major training events. The support group has been in place for 2+ years.
Reason 9: Scalability to Accommodate Business Growth
One of the primary challenges companies face is ensuring that their software can scale with them, accommodating increasing users, data, and functionalities.
By developing solutions with scalability in mind, a software development company ensures that your systems can expand seamlessly, without necessitating major overhauls and compromising its performance. Whether it's a sudden surge in website traffic, a rapidly expanding customer base, or the addition of new product lines, a scalable system can easily accommodate these growth factors without causing any disruptions.
Moreover, when the inevitable pivot or expansion occurs, having a professional team at your side makes the transition smoother. They can quickly integrate new features, optimize performance, or expand capacities.
Company growth and business expansion brings in more data that they store. We have an article on this topic, "Data Lake, Warehouse or Other Storage - What to Choose?" where we explain how to scale up software.
We also have a great case study: “Bosch: Automatic vendor assessment system delivered ROI in the 1st month” on this topic, how we facilitated the creation of a unified data warehouse using the modern Data Vault 2.0 methodology on an open source data platform.