Why your business needs a unique software solution
As your business scales, you’ll encounter more and more bottlenecks as the old ways of doing things can no longer support the magnitude and complexity of your workflows. On average, businesses waste over 520 hours each year, that’s over one day of work per week, on repetitive and tedious tasks that can be automated with software. If you want to keep up with demand and maintain your competitive advantage, you may already be considering building a custom software solution that is adapted to your needs, allowing your team to focus on more value-add challenges.
Building and launching a custom product is never easy. It requires time and resources - but nevertheless, can save you both time and money down the road. It’s for this exact reason that before even entertaining your custom software solution, you should consider what exactly it is your product needs to solve and be able to accomplish.
If you’re on the fence about building and launching your own custom software solution, here are a few reasons why doing so will allow your business to run more efficiently and stay competitive in today's market.
A Software Solution, Tailored For Your Business
The alternative to a custom software solution is, of course, an off-the-shelf software solution that is typically built to be marketed and sold to the masses, meaning their approach to solving problems is a blanket approach. And many times, when purchasing an off-the-shelf product, companies soon realize the product doesn’t meet their specific needs. When you build out your own software, you’re addressing your own pain points.
In the early stages of the development process, we go through numerous user surveys and interviews to make sure we’re building a product that truly addresses all of your business's needs. Throughout the development process, we provide updates along the way to allow for constant feedback and iterations, making sure we’re always in a learning environment. Doing this allows us to build the best possible product, setting you up for success for years to come.
Create More Efficient Processes
Your company is unique, which means you need a software solution to serve your needs. This includes all of the different applications, processes, tools, and systems that your team uses to do their job. Unlike an already-built solution, creating a custom solution means you can build something that can be easily integrated into all of these items, unlocking more efficiency for them. The difficulty of integrating an off-the-shelf solution with your current toolkit often leads to lost time and more room for error. By building out a custom solution, you can avoid all of this, allowing your team to focus on bigger projects more beneficial to the company.
At SciMed, we partner with biotech companies to use our 20+ years of industry experience to build custom software solutions tailored to their needs, like:
A web-based software application for the Duke Human Vaccine Institute to coordinate quality assurance protocols at more than 50 leading research laboratories worldwide to advance HIV research
Cardio ECG technology helps hospitals efficiently manage data from medical devices such as ECGs, EEGs, and many other types of monitoring equipment, enabling them to save millions of dollars in time, space, and direct costs by integrating data from devices that were previously tethered to proprietary hardware and software from medical equipment manufacturers like Philips and GE
Curvita™ which allowed the University of North Carolina at Chapel Hill's Office of Research Information Systems to increase the availability of CV data, decrease the time required to maintain the data, and streamline its ability to generate grant applications.
Capital Savings
Staring down a cost proposal from a development team might be daunting. But what’s often overlooked is you may quickly reach that number anyway with an off-the-shelf solution when you account for licensing fees and the hardware needed for it to run efficiently. By building out your own software, you can avoid all of this by mapping out your exact needs from square one. The best example of this is the Cardio ECG technology that was developed at SciMed, which is now used in over 120 hospitals saving them millions of dollars in reduced licensing fees, reduced space needs, and reduced staff time for accessing or interpreting data for millions of patients.
Rather than trying to adapt your business to an already existing software, you can build it to support your business for years to come. And remember, if building custom software seems like a lofty expense, you don’t need to launch a final product at first either. Our team of expert developers and engineers can help you to launch a minimal viable product to fit your needs, and add in additional features as needed.
Ready To Build A Software Solution For Your Business?
Rather than considering building a custom software solution as an unnecessary expense, it should be looked at as an investment into the success of your company as it gives your team a competitive advantage by making workflows and processes more efficient while saving countless resources like time and money.
When you partner with SciMed to build your custom software, the process begins with rigorous user surveys coupled with our own analysis to make sure what we’re building fully addresses your business's unique needs. If you’re interested in learning more about how SciMed can build a custom software solution for your business, get in touch here.
