The Prelude

Software Development has shaped the economic and social face of the world in the last three decades. What was once considered gibberish and confined to the elite minds that put humans on the Moon and cracked the German Enigma is now a popular profession that has created landmarks like the Silicon Valley and icons like Bill Gates and Steve Jobs. With the spurt in revolutionary product ideas in the late 90s, the need to put those ‘ideas’ into execution demanded the best development-skills, and this ‘demand’ has been only growing with time.

This brings us to an aspect of software development that has always been a vital business decision for companies – the most cost-effective engagement model. Business Software development has moved from being a mandatory in-house requirement by relaxing its rigidness and now accepting offshore and even freelance development. Choosing the right engagement model for software development is therefore essential to create state-of-the-art products without which it is impossible to survive in this cut-throat market.

Here is what we think about choosing the right engagement model:

1) The Package Tour aka the Fixed Price Model

Imagine this: You have decided that you want to visit a popular tourist destination, and it’s just to check an item off your bucket-list. The best bet you probably have is to take up a package that includes every attraction in the city; you may even fix the sightseeing spots which interest you before the tour starts!

This is a great option if you have done some meticulous research on the places you need to visit, the distances between them, the time spent in traveling from one location to another, the opening and closing hours of museums and galleries, and so on. The flip side is that you are in no position to experience flexibility. However, you can be satisfied that everything you’d asked for was provided and that you are not paying anything more or anything less than what you had agreed on initially.

Extend this to the realm of software development engagement; if you know your requirements, and your financial and temporal limits, this ‘Fixed Price’ model is the best choice for you. The Fixed Price model can also serve as a litmus test for hiring freelancers or development partners.

Fixed Price Software Development

The Pros:

  • It’s well-defined and well-negotiated. There’s no room for lapses.
  • There is a push to get the complete picture of the software even before the development starts.

The Cons:

  • There is no room for flexibility. Your eureka moment of a new feature should wait to materialize.
  • Any gaps in communication would mean that the delivered product could be unsatisfactory.

The Fixed Price model works best for developing products on a short-term basis with features that are hot in the market, maybe with some additions and features that give it an extra garnish of appeal!

2) The Chauffeur-Driven Hired Car aka the Time & Material Model:

So, you’ve arrived at your destination, and you are feeling a bit adventurous and you are sure that you do not wish to confine your experience to a ‘package’. So, you decide to hire a car with a driver and pay that person for the time spent and distance covered (the experience and expertise of the driver would be an added variable).

In this manner, you are free to add items to your itinerary, and you are free to remove them at your will. You feel free to stop at any place and enjoy as much as you want, as long as cost and time are not concerns.

This is what the Time and Material model feels like for both companies and freelancers alike. Great products are not built because of a moment of realization, but by systematically accumulating and integrating ideas. For this to happen, flexibility is an essential attribute, which in this fast-paced market, in Sherlock’s words, is Elementary, Dear Watson!

This model also ensures continuous communication and a transparent and healthy vendor relationship.

The Pros:

  • Super-Flexible
  • You Only Pay For What You Get (If only there was an abbreviation like WYSIWYG!).
  • There is a definite possibility for networking, not just on professional, but also on social lines.
  • Granular Monitoring on a regular basis, especially in Agile Methods.

The Cons:

  • You pay until you get what you want.
  • In rare instances, in unethical companies, there could be a deliberate delay in development.

We’re yet to come across a situation or an industry where this might not work; who would not want to get into a development method that is so flexible, accommodative and modular.

3) The Self-Driven Car aka the Dedicated Developer Model:

Dedicated Software Development Model

You arrive at your destination, and instead of trusting a package, or instead of hiring a car by the hour, you decide to take a car all by yourself. It doesn’t matter whether you drive your car for an hour in a day or 23 hours and 59 minutes in a day, it’s all yours. Drive it on the road, and (if the car allows) offroad – there’s no stopping you!

However, this comes with a condition – you will need to know where you’re going, and everything about where you will go, maybe not the route map, but at least the time and distance. All this might sound difficult, but at least, the comfort-point you have is that the car you’ve hired is as good as yours, except that it’s not.

Hiring dedicated developers to work like that – you can take them in-house, and you need to pay them a fixed amount on a monthly basis. Once your product is done, you can, without the guilt of firing or the pain of attrition, ask them to leave. This also means that you have saved up on the recruitment costs, and you don’t have to keep paying for a resource you no longer need.

This model brings the best of both the above models – you have agreed for a fixed payment on a monthly basis (with no hard restrictions on the product-features) and you are free to alter the product or the features, or even shuffle the resources based on their skill-sets!

The Pros:

  • You are in complete control. It’s almost like having an in-house team.
  • You don’t have to go through the hassles of administration and hiring.
  • There is a sense of ‘belonging’ for the dedicated developers in terms of both- the product and the organization.

The Cons:

  • It needs management skills and a blue-hat vision of the product to get the best out of a dedicated team.
  • If you have both in-house and dedicated developers, there is a chance of conflict.
  • Or even worse, there can be possible siphoning of talents!

The Verdict:

You might have already sensed that we’re leaning towards the Time and Material model as it gives significant control, and with strategic planning, it could be cost-efficient as well!

Our recommendation is still strong towards the Fixed Price model for smaller products with limited functionalities, and for short-term projects like developing a module for an already robust tool. Conversely, if your project is long-term and extensive, it makes more sense to hire dedicated developers.

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    ...
    Vinod Saratchandran

    Vinod has conceptualized and delivered niche mobility products that cater to various domains including logistics, media & non-profits. He leads, mentors & coaches a team of Project Coordinators & Analysts at Fingent.

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      The perennial build versus buy question continues to haunt enterprises in search of software solutions. Off-the-shelf software is ready-to-use once they are installed on a computer or device. Custom software, on the other hand, is developed according to specific requirements and specifications.

      There is a huge gap between these two technologies in terms of performance, functionalities, and usability. Each option has its own merits and demerits, and here is a rundown of the same.

      • The Question of Cost

      An off-the-shelf product will typically be moderately priced when compared to a custom developed product; the obvious reason being that the cost involved in developing an off-the-shelf product is distributed among a large number of buyers, and thus pricing is spread across several licenses to be sold. A tailored product, on the other hand, is specifically developed for a client, and as a result, all the development expenses will be borne by that individual client. Hence, considering the costs, it might seem that an off-the-shelf product is a right way to go.

      Purchasing software off-the-shelf also offers an accurate estimate of the cost and valuable support for everything that lies ahead throughout the lifecycle of the project. But, in terms of performance, they might not be as apt as custom-made products.

      Many enterprises underestimate the time and resources required to develop custom software in-house. The development team needs to take into account, not just the initial design, build, test, and implementation costs, but also the lifetime cost required for support, headcount enhancements, patches, and general maintenance. There is also the issue of costs for the inevitable functionality enhancements and upgrades in future to consider.

      Even when the enterprise has the adequate budget for in-house custom software development, they still have to consider the availability of a skilled team in-house, or access to such a team through outsourcing. The outsourcing route in a way offers the best of both worlds, or the availability of ready resources to develop software the way the enterprise wants it.

      • Which is easier to implement?

      Coding is getting easier by the day. Gone are the days when programmers spend weeks on end ruminating lines of code even in their sleep. Today, coding is taught at the high school level, and the proliferation of open source means code snippets are readily available for just about any functionality. What’s more, intuitive drag-and-drop interfaces make it possible to roll out highly advanced applications without even writing a single line of code. Many such platforms, such as QuickBase, Zoho Creator, Salesforce Platform, FileMaker, make the task of developing highly intuitive apps and software solutions easy. A basic level of code knowledge would suffice to make the required customizations, quickly.

      Custom Software development

      However, the ease of coding doesn’t mean app development is a piece of cake. Coding is just one aspect of the overall app development process. Requirements gathering, app design, UX, testing and other critical aspects of the software are all challenging tasks which require highly skilled and experienced professionals.

      While, theoretically, developing a custom software may seem like an attractive and manageable proposition despite the high level of skills required, on the ground, enterprises could find such developmental tasks to be a distraction from their core focus. The internal IT resources may already be engaged in routine maintenance activities, and development works could pose a drag on their efficiency. With custom software, the enterprise will have to bear the brunt of all the drawbacks until the glitches are ironed out, and the software finally matures. With off-the-shelf software, the enterprise can learn from the mistakes of others.

      Moreover, the core focus of the developers of off-the-shelf software is the software itself, and they incorporate agile and other best practices. They also keep abreast with changing technology to remain ahead of the game. Therefore, before it’s released to market, the software will be tried and tested extensively, and glitches ironed out.

      However, purchasing software ‘off-the-shelf’ is also not as easy as picking apples off a supermarket shelf. The procurement process is elaborate, with the source-to-contract process raising specific challenges. The in-house team would still have to perform the requirement gathering exercise, to find a suitable product. Such ‘off-the-shelf’ programmes also have to be evaluated for UX, ease-of-use, supporting infrastructure required, and other parameters, all requiring considerable effort from the enterprise.

      • The Need for Deep Customization

      As a rule of thumb, developing the software in-house is a good idea if the software requires extensive customization. Enterprises which seek to develop basic and generic software to support common routine functionality, such as solutions for emails, discussion forums and file sharing are ‘reinventing the wheel’. It is foolhardy to develop software in-house when industry majors such as Google, Microsoft, and others offer advanced, scalable and secure solutions, customizable with the enterprise name. Likewise, those seeking a CRM suite would do well to pick up any of the ready-made CRM suites available in the market, such as a Salesforce CRM, HubSpot CRM, Insightly, or Zoho CRM. Most of such suites are highly matured products offering a high level of functionality and the option to pick-and-choose the required modules.

      However, the devil lies in the details. When the off-the-shelf software is not matured or modular enough, it may clog systems with unneeded options even when fitting organizational needs well. In such situations, creating a custom software can eliminate the excess and ensure bloat-free software, optimized to the exact needs of the business.

      • The Challenge of Integration

      In an age where data analytics is a valuable source of competitive advantage, enterprises need to ensure seamless integration of the software with other enterprise systems, especially the back office and finance systems. Marketers and other customer-facing representatives require complete access to real-time interactions, without being hindered by data silos, for which seamless integration is imperative.

      The extra time and investment in developing custom software may well be worth its while, considering the benefits of seamless integration.The developer would consider the existing system when preparing the blueprint for the software development project, and make sure the new software functions smoothly within the existing IT ecosystem.

      • Upgrades

      Off-the-shelf products have regular updates, which might not be all that heavy on the pocket. Also, if you go for a quality product, you might also enjoy flawless customer support. But sometimes, they might not get updated for a long period of time, due to which you might end up working with an outdated product causing a negative impact on your business.

      With custom software solutions, you have the freedom to make whatever changes you want, whenever you want. You are always independent regarding the decisions you take for the software. You don’t have to wait for new releases and introductions, to add features to your software. Whether it is an upgrade or changes you need to make to include new tasks and operations, you can get them done by custom software experts at any time.

      • Nature of the Enterprise

      Enterprise Software Development

      The technical factors and benefits notwithstanding, the nature of the enterprise can also have a big say on whether to opt for developing custom software or purchasing software off-the-shelf.

      Smaller companies rarely have the budget, time, or resources to create custom software. Their requirements are unlikely to require complex integrations either. As such, an off-the-shelf solution would probably fit their needs. However, at the same time, the extra effort and investment in developing custom software may be worth its while, if the business has to expand its footprints. Developing a custom platform can create a more streamlined process for a business. Custom software is easily scalable and replicable. Off-the-shelf software is unlikely to provide such scalability without duplicating the investment.

      Another important dimension to consider is the end-user or the people who use the software. The off-the-shelf software comes with a complete ready-to-use package, tested for all bugs and has gone through extensive usability tests. Whereas, the custom software requires extensive investment in training users. The process may also involve some trial-and-error, with each version improving on previous versions. The implications on business operations during such a trial-and-error phase can be debilitating.

      Custom-made products are generally quite flexible and of course best suited for companies with specific requirements. Some other benefits of custom software solutions are:

      • Scalability

      Scalability is one of the most important factors to consider while choosing technology for your business. Your software should be scalable enough to accommodate the present requirements of your business and also make room for future additions. As your business grows, you might have to add features and maybe even departments to the software you use. Hence, it is always better to get your software built in a scalable way. Off-the-shelf solutions do not have this facility.

      custom software development

      • Competitive advantage

      You get to use a software made exclusively for your business with all kinds of unique features and specifications that other businesses don’t have. Hence, you gain a competitive advantage over your competitors, with your unique solution.

      If you are building a solution just for your business over its specific requirements, a custom software would be perfect and hence satisfaction would be guaranteed. As experts once said, you need to adopt software and align it with your business process and not the other way round. You don’t just adopt a rigid software and try aligning your processes around it.

      To cut the story short, there is no conclusive winner in the build versus buy dilemma. The best option depends on the circumstances.  However, making the wrong decision can be costly. For this reason, it is imperative enterprises carefully evaluate the pros and cons of both options, and rationalize based on the specific circumstances surrounding their enterprise. When making the trade-off, the primary concern should be the on the efficiency with which the software allows them to serve their customers and other stakeholders in the most effective manner.

       

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        About the Author

        ...
        Vinod Saratchandran

        Vinod has conceptualized and delivered niche mobility products that cater to various domains including logistics, media & non-profits. He leads, mentors & coaches a team of Project Coordinators & Analysts at Fingent.

        Talk To Our Experts

          In today’s age of hyper-competition, businesses need to focus their systems on the customer. A critical area of focus is business software. Much of business software hitherto focused on internal efficiency. However, competitive pressure mandate a realign, with the focus on the customer, and specifically customer support.

          Businesses Need to Roll Out Mobile Solutions

          Business Mobile Solutions

          Nowadays, the basic support for customer commerce is through customer-facing mobile apps. About 80% of shoppers use their mobile phones for product reviews, to compare prices, and find store locations. A good chunk of these customers completes the purchase process online as well. About 54% of Millennials and 49% of Non-Millennials prefer shopping online. Businesses need to roll out customer-facing mobile apps and responsive websites, to facilitate e-commerce and other customer interactions.

          The Rise of Virtual Reality (VR) and Augmented Reality (AR)

          E-commerce websites offer a world of convenience to the customer. It brings the shopping experience anywhere, from home to office, and from the boardroom to the bathroom. However, such convenience comes without the “touch-and-feel” experience of physical stores. Virtual Reality (VR) and Augmented Reality (VTR) technologies bridge the shortcoming and offer the best of both worlds.

          Cases of retailers supporting customer commerce through VR and AR-based software abound.

          • Swedish furniture giant IKEA’s VR app allows customers to view different kitchen decors. Customers can walk around IKEA kitchens virtually, using a VR headset and app.
          • Sephora’s app allows users to take selfies and apply the brand’s cosmetic products to their images. Customers can get conclusive proof of whether a shade of lipstick will look good on them, rather than debate endlessly or speculate.

          Artificial Intelligence Systems Facilitate Personalization

          Personalization is the order of the day.

          Most businesses already use Google Analytics tool to segment customers. They target segmented groups with different discounts and deals. Marketers also use various other predictive analytics tools to analyze historical data. Advanced solutions deliver accurate predictions about demand. Enterprises could focus their efforts on products having the greatest potential for profits.

          Artificial Intelligence

          However, such a superficial approach will undergo a sea-change by 2018. More-and-more shoppers now leverage Artificial Intelligence, to source products, bargain prices, and pick up products. As a case in point, connected smart fridges detect when the stock of milk becomes low, and trigger an automatic reorder with a linked e-commerce store. Enterprises who can roll out business software to align with such smart systems, and leverage “A-Commerce” or Artificial Intelligence-based commerce, stands to gain big.

          Adaptive Design Comes Centrestage

          Customers’ needs are never set in stone. Smart businesses keep track of changing customer preferences and the underlying influencers of such change. Business software which connects with potential clients on a personal level, in real-time, is central to such efforts.

          Use-cases abound for businesses leveraging technology, to adapting its products and services to serve real-time customer needs.

          • Curve, a credit card company allows customers to switch cards even after completing the purchase. An executive purchasing a computer for the company with his personal card, to take advantage of a bargain, could later change the billing to the company card, after getting authorization.
          • KLM’s new clip, attached to the traveler’s bag, offers real-time directions, suggestions, and alternatives. For instance, when a user is stuck in a long line at the Eiffel Tower, the clip suggests the nearby hot-air balloon at Parc André Citroën. The clip also directs users to specific in-house services, stealing customers away from the competition.
          • Tesla recently increased the range of its electric vehicles for customers struck in places affected by Hurricane Irma. Range limitations in Tesla’s vehicles meant owners couldn’t evacuate the area.

          Virtual Companions Become Mainstream

          Most smart businesses now empower their workforce, especially support agents with virtual assistants. Such virtual assistants automate daily tasks in ways CRM can never enable.

          Virtual assistants offer agents deep real-time insights on information hidden inside the company databases and other systems. Locating such information manually is a time-consuming task, in the absence of clear-cut information on where such information resides. The obvious benefit is a speedier resolution of consumer issues, leading to improved customer satisfaction and accelerated sales cycles.

          Virtual Companions

          Virtual assistants also take the shape of chatbots, replacing the manual assistant altogether. Technology has evolved considerably on this front, and businesses are co-opting it in a big way. In 2018, even the most basic bots will become more interactive than Siri and Alexia of today.

          AI infused bots learn from users, to offer highly relevant insight and suggestions. It could open the database and pry a solution even before a manual agent has the chance to comprehend the question. Further, the technology to make bots understand emotional intelligence has arrived. Such Emotional Intelligence capable bots would know how exactly to respond to a frustrated customer. Going forward, bots would handle most normal queries, leaving human agents only with long-tail and complicated queries.

          Social Media Rises in Importance

          Social media caught on big-time, with estimates suggesting a 394% increase in social media use in recent years. The widespread popularity is mainly on account of the transparency, the social media delivers. The best businesses leverage such transparency to further their business model.

          Traditionally, businesses had complete control over their products and services. The business model essentially boiled down to a “take-it-or-leave-it” approach. The transparency infused by social media has changed the power equations. Customers now have unprecedented choice and ability to gather real feedback from real users of any product or service. If something goes wrong, rest assured everyone will come to know about it.

          Social Engagement

          Smart companies cope with such change by giving more power to its customers. They listen to the customer eagerly and align their business software to take feedback. This ensures that the business and the customer work together, for mutual benefit. Businesses roll out more collaborative systems and link it to their key product development and management channels.

          Enterprises need not always go in search of new technologies. What is important is the way in which any technology, new or old is applied. Any business today needs to adapt and change its services and products to meet the changing needs of the customers. Customer focused business software is a major enabler in this direction.

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            Ashmitha Chatterjee

            Ashmitha works with Fingent as a creative writer. She collaborates with the Digital Marketing team to deliver engaging, informative, and SEO friendly business collaterals. Being passionate about writing, Ashmitha frequently engages in blogging and creating fiction. Besides writing, Ashmitha indulges in exploring effective content marketing strategies.

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              Cognitive computing in a broad sense refers to software mimicking the functioning of the human brain, to make better decisions.

              Computers have caught on ever since its inception, owing to its ability to undertake lightning-fast calculations, much beyond the range of human capabilities. However, computing devices face a serious limitation in not being able to accomplish tasks humans take for granted, such as understanding the natural language or recognizing unique objects in an image. While artificial intelligence offers a start in this direction, cognitive computing represents the coming of age in this front.

              cognitive computing

              Cognitive computing, in a sense, represents the third era of computing, with computers that could tabulate sums the in-thing in the 1900s, to programmable systems in the 1950s, and now cognitive systems.

              Personal digital assistants such as Siri, already present in smartphones come close to cognitive computing but are not true cognitive systems. Such systems can only respond to a preset number of requests, whereas true cognitive applications give a thoughtful response, without being restrained to a preprogrammed response set.

              How Do Cognitive Applications Work?

              Cognitive computing aims to simulate human thought processes in a computerized model. To this end, cognitive applications use deep learning algorithms and neural networks and leverage the latest technological solutions such as data mining, natural language processing, and pattern recognition.

              Cognitive applications draw on multiple sources of information, including structured and unstructured digital information, sensory inputs such as visual, gestural, auditory, information, sensor-provided information, and more. It then processes the gathered information by comparing it to the set of data it already knows. As such, the more data the system encounters, the more it learns, and the more accurate the system becomes, over time.

              Cognitive computing applications integrate data analysis with adaptive page displays (AUI) to tailor content for the specific audience and specific situations.

              Data Analysis through Cognitive computing

              IBM Watson, one of the earliest approaches to cognitive computing, offered a path-breaking combination of natural language processing, machine learning, and knowledge representation. Watson ingests questions or inputs in natural language mode, search its repository for information, develops and analyze hypotheses on its own, and generates answers, also in natural language mode. What made Watson successful was not just the combination of the multiple capabilities, but the seamless and powerful integration of such different capabilities in a way it influences each other.

              Basic Characteristics of Cognitive Applications

              Cognitive applications are a cut above ordinary applications, as evident from the following basic features or characteristics.

              Adaptive: Cognitive applications are adaptive, capable of integrating information around its ecosystem, as it changes. These systems feed on dynamic data in real time, or near real-time, to master ambiguity and unpredictability. It adapts to the changing goals and requirements of the enterprise, which is common in today’s highly fluid business environment.

              Interactive: Cognitive applications interact easily with users, and also with other processors, devices, and cloud services. Such seamless interactions allow users to make explicit their requirements comfortably, and the network ascertains the requirements automatically to some extent.

              Iterative: Cognitive applications are iterative and stateful. These apps ask questions or find additional sources by itself when a problem statement is ambiguous or incomplete. It also remembers previous interactions, and pulls in suitable information relevant to the current context, from such corpus.

              Contextual: Cognitive computing applications understand and identify contextual elements such as location, time, meaning, syntax, processes, regulations, user’s profile, and more, connected to its ecosystem. The apps act on the basis of such information, automatically.

              Dark Data Compatibility: Cognitive computing systems have the capability to deal with “dark data.” Traditional business intelligence and analytics solutions are mostly unable to comprehend social media postings, electronic medical record notes, electronic fitness device readings, unstructured images, and the bulk of general data generated by users in normal day to day settings today. Cognitive Computing apps process such multi-structured and unstructured dark data, to pull out non-obvious insights and subject it to analytics. Combining such dark data with the readily available structured information such as customer records unearth patterns, relationships, and other contextual associations not discernable otherwise.

              Cognitive Applications in Action: Use cases

              While cognitive computing has been around for quite some time, it is only recently, with the advancements in technology giving it a boost, that it has come to the mainstream. Several practical use cases have already emerged.

              Many businesses now use cognitive computing applications to connect with their customers and other stakeholders at a more personal level and offer highly relevant recommendations. Such apps modify the recommendations automatically as they understand more about the stakeholder, and as the situation unfolds. Furthermore, such apps pick up subtleties that traditional analytics would miss.

              cognitive computing in mobile apps

              IBM Watson, one of the earliest manifestations of a cognitive computing platform, already finds widespread use in healthcare. The cognitive computing platform collates the entire gamut of knowledge around a medical condition, such as patient history, journal articles, best practices, diagnostic tools, and more. It then analyzes the information, and offer a recommendation in sync with the changing condition of the patient. It is virtually impossible for any human to possess such vast range of information, leave alone analyze it. Doctors may leverage such insights to adopt evidence-based treatment options considering all factors, including the individual patient’s presentation and history. This is a big upgrade from the present scenario where the doctor makes educated guesswork, based on grossly incomplete information, with the decision based on the doctor’s limited range of knowledge. The insights available through cognitive computing enable even fresher doctors to perform as effectively as experienced specialists.

              Cognitive computing applications are also making its mark in a big way to improve consumer behavior analysis, facilitate personal shopping bots, in education, diagnostics, and other areas. A good real-life example is Hilton Hotel’s Connie, the first concierge robot, which helps visitors with regards to hotel information, local attractions, and more, with questions posed in natural language rather than computing language.

              Cognitive computing delivers positive ROI. Enterprises have already succeeded in applying it to convert even traditional cost centers such as customer care to profit centers. For instance, a packaged goods company applying cognitive computing to resolve customer problems automatically, pre-empting the usual practice of customers raising a ticket, could achieve a 30% reduction in tickets. Considering the cost of each ticket was $24 to $160, the savings are substantial.

              Enterprises adopting cognitive computing, however, need to develop purpose-built applications to address specific use cases relevant to their stakeholders. Success depends on not just technical competence, but the extent to which the cognitive computing technology is interwoven with the business or customer needs.

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                About the Author

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                Ashmitha Chatterjee

                Ashmitha works with Fingent as a creative writer. She collaborates with the Digital Marketing team to deliver engaging, informative, and SEO friendly business collaterals. Being passionate about writing, Ashmitha frequently engages in blogging and creating fiction. Besides writing, Ashmitha indulges in exploring effective content marketing strategies.

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                  So your company has recently purchased an Enterprise Software that will help the organization run. But did you check whether the technology solution provider has provided a maintenance plan along with it? Or, have you researched whether the software builders are competent when it comes to after-sales support? Like a vehicle that requires maintenance, software is no different. It is imperative to include a maintenance plan when you buy a software solution because:

                  Corrections and bug fixing

                  Software Bug Fixing

                  A fully-functional software might not display errors and bugs in the beta stage until it is put actively in the environment. A maintenance contract will ensure that these bugs and bad codes are fixed. It also covers the systems for major repairs and advanced problem solving that otherwise would cost more money and time.

                  Flexibility

                  A software solution is adaptive since it evolves with use every single day. With changes on a daily basis, your software might need an upgrade, update, and even change in modules. Plug in these changes can along with the maintenance team that knows the ins and outs of the software. It also keeps the software up-to-date and increases its lifespan in the company.

                  Compatibility

                  Since technology is growing each day, the addition of new hardware to the systems is inevitable. A maintenance contract from your software provider can help in addressing compatibility issues with this newer hardware. It would help one tackle with ease, any modification of the existing system.

                  Improve performance

                  Some vendors provide one or two free upgrades and patches in their maintenance contract that help in keeping your software on par with the latest trends. These upgrades might include some major overhaul or issues raised by other users.

                  Saving IT expenditure

                  IT Expenditure

                  A smart move in any business is to save money before earning the profits. Having a maintenance contract does cost a little extra but covers important bug fixes, routine upgrades, and critical problem-solving. In a way, it fixes an annual price on the IT expenditure and removes the chance of any unforeseeable expense that might occur due to the software.

                  Re-engineering the software

                  As a part of preventive maintenance, the software can be re-engineered and restructured to adapt to the changing conditions. This type of maintenance is mostly used as a preventive measure to avoid problems that might occur instead of fixing existing problems.

                  Staying ahead in the race

                  As you evolve and grow, so does your competition. Your enterprise software plays an important role when it comes to staying in forefront of the competitors or fulfilling the requirements of tech-savvy customers. A regular maintenance can help with adapting to time. Also, changes in business patterns and legal government rules can be done easily under a contract.

                  Enterprise Technology Solution

                  Remember each technology solution provider will offer various types of maintenance. You will have to first identify what are the requirements of your business and what type of maintenance will suit them. Secondly, check if the contract is worth the price with respect to the coverage and the background of the provider. See what are the different maintenance features provided. These may include the number of updates provided in a year, availability of support team in need of emergency, and turnaround time for problem-solving.

                  Robert Glass has a very well-written fact about maintenance that goes like this – ‘60% of software’s cost is maintenance, and about 60% of the maintenance cost is an improvement.’ Established and genuine software providers not only offer complete software solutions but also maintenance services that encompass all the said points that help run a smooth business.

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                    About the Author

                    ...
                    Ashmitha Chatterjee

                    Ashmitha works with Fingent as a creative writer. She collaborates with the Digital Marketing team to deliver engaging, informative, and SEO friendly business collaterals. Being passionate about writing, Ashmitha frequently engages in blogging and creating fiction. Besides writing, Ashmitha indulges in exploring effective content marketing strategies.

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                      Cloud computing refers to the method of computing in which an interconnected network of remote servers is utilized for the execution of the operations such as storage, management, and processing of information. The business units in the current era are making use of multiple cloud computing services and techniques in an integrated architecture. There are various deployment and delivery models of the cloud which are amalgamated as one unit for the execution of business processes and activities. However, with the expansion of such practices, there are some security issues that have been observed.

                      Cloud Computing

                      The security issues and occurrences are primarily associated with network-based security risks, availability, confidentiality threats and integrity risks. Events such as Denial of Service (DoS) attacks, malware attacks, message/media alteration attacks, spoofing and phishing attacks, man-in-the-middle attacks, and eavesdropping attacks are common in the multi-cloud environment.

                      Organizations are required to follow certain steps towards security to make sure that the security risks and occurrences are prevented, detected and controlled. The following security measures and steps shall be included in for achieving a secure multi-cloud environment.

                      • Prioritization of Visibility: The business organizations in the multi-cloud environment must ensure that they have complete visibility across all the cloud instances. Behavior-based monitoring shall be adopted for enhancing the visibility. Objectionable modifications and malevolent activities will also be highlighted with this process.

                      • Adherence to the Best Practices: In the case of the multi-cloud environment, there are various systems, devices, and networks that are involved. Each of these entities has a set of guiding principles and standards. The cloud security team must analyze and understand the best practices that are associated with each entity. For instance, in case of NoSQL databases present in the multi-cloud environment, it would be best to meet the compliance requirements, install advanced access control and authentication measures and promote database security for the overall security of the cloud.
                      • Flexible and Secure Governance: Governance is a critical element in any of the organizations. It is possible to establish trust and security across the organization only with the aid of well-governed systems. In association with the multi-cloud environment, the processes such as identity management, scheduling activities and resource allocation must be securely governed.
                      • Encryption of the Data at Rest: It is often witnessed that the business organizations enforce and implement the encryption of the information that is in-transit. However, the encryption of the information at rest is often not paid due attention. Such loopholes in security provide the attackers with an opportunity to get hold of the information at rest and misuse the same. It is, therefore, extremely necessary to encrypt the information at rest using advanced encryption algorithms.
                      • Advanced Shared Responsibility Model: Sharing of resources is one of the prime features of cloud computing, which gets enhanced in the multi-cloud environment. There are overlapping responsibilities and ideas that are often observed which may lead to the occurrences of loopholes in the security. Every entity that is present in a multi-cloud environment must make sure that complete justice is done to the shared responsibility model of the cloud. The allocation of roles and responsibilities shall be done in such a manner that there are complete transparency and ease of execution that is involved.
                      • Network-based Security Controls: Most of the security issues that occur in the multi-cloud environment have networks as the prime agents of the threats. It adds to the requirement of implementing automated and advanced network security tools and controls to ensure that such risks are avoided and controlled. Some of these tools include network monitoring tools, intrusion detection systems, intrusion prevention systems, anti-malware tools, and anti-denial tools.

                      Cloud strategy and planning has provided the organizations with the ability to enhance the performance, speed, and quality of their respective business operations and activities. With the occurrence of the security risks and threats, there is a poor impact on the business continuity and customer engagement. It is, therefore, required to include the basic and advanced steps to security to deal with the security issues and problems. These steps shall combine administrative, physical, logical and technical controls.

                      cloud computing and startegy

                      The use of security solutions that are available in the market will allow the organizations to achieve and maintain security in the multi-cloud environment. These solutions will provide an integrated security mechanism and will eliminate the need to deploy security measures for each of the cloud model and elements. Security concepts and requirements, such as information security, network security, and database security are now provided in a single package by the leading software solution providers while entrusting them for your digital transformations.

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                        ...
                        Ashmitha Chatterjee

                        Ashmitha works with Fingent as a creative writer. She collaborates with the Digital Marketing team to deliver engaging, informative, and SEO friendly business collaterals. Being passionate about writing, Ashmitha frequently engages in blogging and creating fiction. Besides writing, Ashmitha indulges in exploring effective content marketing strategies.

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                          Businesses in the present are making every move to ensure that they stay ahead of their competitors in the market. A rapid growth in terms of market share, revenues and customer base is desired by every business unit. One of the strategies being used by the businesses to ensure faster growth is the development and deployment of the enterprise mobility applications.

                          Mobile Apps Boost Business

                          Enterprise Mobility is the trend that allows the employees of a business organization to work remotely to fulfill the business tasks and activities using mobile devices, mobile applications, and cloud-based solutions. An enterprise mobility application refers to a mobile app that is developed to target the enterprise-related problems.

                          Enterprise mobile applications can enhance business growth for companies in the following ways:

                          • Better Work-Life Balance

                          Enterprise Mobility Employees

                          Every employee engaged with an organization aspires to maintain a healthy balance between the professional and personal commitments. Enterprise Mobility Applications allow the employees to experience better flexibility by allowing them to carry out business tasks from any of the remote location. 69% of the IT decision-makers support the idea of BYOD as they have witnessed positive results with the inclusion of the same. Workers in the United States on an average save 81 minutes per week with the aid of BYOD. There are 49% employees that say that they are more productive while working on their personal devices.

                          • Improved Workflow

                          Critical issues may crop up in a business environment anytime, without prior notices or hints. Enterprise mobile applications allow the employees to resolve such issues on an urgent basis irrespective of their presence and availability at the office location. Real-time interactions are also made possible with the clients that result in better customer engagement and satisfaction. The overall workflow, therefore, improves with the use of such applications.

                          • Reduction in Costs

                          Enterprise mobile apps can be made compatible and accessible on the personal devices of the staff members. It leads to the reduction in the cost of the devices and the share may be used in other significant business requirements.

                          • System Independence

                          There is a higher level of system independence provided to the employees with the use of enterprise mobility applications. It leads to the execution of the tasks from any network and the tools are installed in the devices of the employees.

                          • Reduced Paperwork

                          Using Mobility to Reduce Paperwork

                          More paperwork leads to increase the number of risks in the business, such as loss of documents, replication of data and inefficiency in the storage and management of the documents. With the use of enterprise mobility applications, there are electronic documents that are used for sharing and transactions. These are easier to maintain and can also be processed at a faster pace as compared to the paper-based documents. The overall business speed, therefore, gets enhanced as a result.

                          • Customer Engagement

                          With the improvement of the workflow of a business and the non-stop availability of the employees, the customers feel connected with the organization. There are higher levels of transparency that can be maintained to gain customer trust and satisfaction. Rapid resolution of the defects and issues along with urgent sharing of information are some of the abilities that are made possible through the enterprise mobility applications. It leads to the better engagement with the customers and the reputation of the business organization also improves in the market.

                          • Empowers the Field Workers

                          Field Workers

                          There are several businesses that include a lot many field workers to carry out operational business activities. These field workers may experience certain issues such as difficulty in understanding a task or emergence of a conflict between two resources. Enterprise mobility applications may be used in such scenarios to contact the team heads and managers for maintaining the continuity of the operations. Also, activities such as status reporting and sharing of information can be done in a matter of seconds. All of these capabilities lead to enhancement of the processing speed of the operations resulting in faster business growth.

                          There are technological innovations and advancements that are being carried out with each passing day. It is required for the business organizations to remain updated with the technological changes and adapt the same to their functioning. The practice will allow the business units to achieve their goals accurately and rapidly. Enterprise mobility applications are a contribution of technology that has benefitted a lot many organizations. However, the inclusion of these applications in the business architecture may vary from one business unit to the other. Factors such as nature of the business, projects that are undertaken by the organization, customer expectations, project team members etc. shall be considered before moving on to the use of enterprise mobility applications.

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                            About the Author

                            ...
                            Ashmitha Chatterjee

                            Ashmitha works with Fingent as a creative writer. She collaborates with the Digital Marketing team to deliver engaging, informative, and SEO friendly business collaterals. Being passionate about writing, Ashmitha frequently engages in blogging and creating fiction. Besides writing, Ashmitha indulges in exploring effective content marketing strategies.

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                              A business can significantly benefit from top-of-the-line IT infrastructure that helps reduce costs and thereby increase revenue. Organizations today find it necessary to have an entire space dedicated to top data centers as opposed to few years before, when, having a few servers on premises was the norm. Enterprises demand a robust IT infrastructure model that delivers operational efficiency, high performance, minimum downtimes and maximum cost reduction.

                              IT infrastructure model

                              Advocating for improved DevOps is not easy for growing organization, especially when infrastructure is not a core competency.  Let’s consider the case of our client, a manufacturing giant,  whose growth is constrained by a weak IT Infrastructure. Here, what should the world’s largest cooler manufacturing company, headquartered in Texas, the United States with over 1200 employees and over 500 different products do, – focus on their business or spend their time and resources on infrastructure and facility management?

                              The Client

                              Our client is world’s #1 cooler, drink containers and supporting accessories design and manufacturing company, shipping products to more than 250 retailers worldwide. They wanted to do away with the hassles of managing their IT infrastructure management and needed a right partner to independently manage their systems, data centers, facilities and infrastructure support.

                              IT Challenges Faced by the Client

                              IT Infrastructure

                              In an effort to optimize ownership costs and system performance, the client transformed their IT systems from IBM mainframes to Sun SPARC servers and Oracle software. The client faced several issues after the implementation of Oracle’s Enterprise Business Suite, for which they sought Fingent’s Help.

                              Their core applications ran on Solaris OS upon Sparc hardware, Oracle Linux on Intel and Microsoft Windows server on Intel. To better support the applications, better synergy was needed between the OS Systems Administration and the Oracle DBAs. The client also had to relocate their data center twice, relocate several terabytes of data, and immediately implement a Disaster Recovery site at their co-location facilities.

                              How Fingent Helped Igloo Manage Their IT Infrastructure

                              IT infrastructure

                              The client asked Fingent to replace their previous OS Admin team to enhance their IT operations, infrastructure, upgrade technology and systems and minimize outages to have a stable and high-performance environment. We installed the latest Solaris, including Operations Center, allowing Igloo to move away from Zone virtualization to a multi-node database and application servers. With Ops Center, they are now able to move their core EBS application from one Sparc machine to another in real time – without any downtime hindering their business processes. Also, the maintenance patches are applied without any outage.

                              Fingent offered the following services to the client:

                              • Desktop Management
                              • Server Management
                              • Network Management
                              • Vendor Coordination and Management
                              • Data Center Virtualization & Relocation
                              • 24*7*365 Days Support for Production Environment

                              Solution & Technology Highlights

                              • Full-Scale IT planning, installation, & project management
                              • X86 & Sparc Server Virtualization and management using Oracle VM manager & Oracle Enterprise Manager OpsCenter with Oracle ZFS Storage Appliance resulting improved application and DB performances and increased revenue for the customer.
                              • Disaster Recovery Datacenter build to a new location
                              • Introduced Cloud Environment
                              • 24/7 monitoring, maintenance and supporting of entire Customer Infrastructure.
                              • Automation of OS deployment for Solaris, Linux and Windows Servers.
                              • Enabled monitoring of all hardware using Nagios for proactive support.

                              Business Benefits for the Client- A ROI of approximately 165% over 2 years

                              IT consulting services

                              We ensured that the client’s IT environment ran efficiently and optimally throughout a year to ensure maximum uptime and minimal costs. Our team constantly worked to solve every challenge that the client faced in a very short span of time, and supported their future expandability and redundancy, within their budgeted cost factors. And as a result, the following benefits and results were incurred:

                              • 24*7*365 availability of IT infrastructure management
                              • Consistent increase in productivity and turnaround time
                              • A return on investment of approximately 165% over 2 years
                              • World-class infrastructure maintenance, Stable productive environment & guaranteed uptime
                              • Better control over existing infrastructure

                              Fingent’s Team was able to build trust and confidence in the client’s infrastructure, by building better speed, efficiency, and manufacturing readiness.

                              “ Indeed, the ultimate goals was to ensure that we guarantee a degree of quality and service to ensure that the client has no roadblocks in its growth path” says Vincy, Manager, Development and Operation- Infrastructure.

                              Fingent was an ideal choice for the client as their facilities management partner because of our expertise in providing top-notch IT services across various industries and landscapes. We ensured that the complete responsibility of IT infrastructure management was taken over from the client’s shoulders.

                              Want to get better ROI from your IT Infrastructure investments? Take a tour here or talk to us today.

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                                About the Author

                                ...
                                Ashmitha Chatterjee

                                Ashmitha works with Fingent as a creative writer. She collaborates with the Digital Marketing team to deliver engaging, informative, and SEO friendly business collaterals. Being passionate about writing, Ashmitha frequently engages in blogging and creating fiction. Besides writing, Ashmitha indulges in exploring effective content marketing strategies.

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                                  In today’s digital age, a website is your business’ window to the world, irrespective of whether you are a brick and mortar establishment or an online entity. Similarly, the need for a dedicated website is not just limited to startups but is equally vital for established business. Even if your business is doing exceptionally well, investing in a well-designed and responsive website can help you reach out to a wider cross-section of the audience and increase your sales manifold.

                                  Here is rundown on how custom website development services can turn the tide for your business:

                                  Website Development and Its Advantages

                                  custom software development services

                                  Custom web development is one of the finest things you can do to guarantee the success of your business. In addition to improving your visibility, customized website development can help your business in the following ways:

                                  1. Customized website development boosts your credibility and adds a certain brand authority to your business.
                                  2. A professional-looking website can bring you big gains without an astronomical investment, thus, offering a higher return on investment (ROI) than traditional means of advertising.
                                  3. It does not matter whether you are a newbie or a seasoned market player, there is bound to be competition in your realm of trade. A dedicated website can assist you in leveling playing field and even beating your competitors.
                                  4. It boosts your advertising and marketing endeavors across different channels. Your social media marketing and email marketing campaigns are likely to resonate better with your audience if these lead them to a website.
                                  5. Custom designed websites are cross-browser well-matched.
                                  6. Custom developed websites also costs nearly same as of any template based solution. They may have little higher cost but offer numerous benefits and total control on each part and role of the website.

                                  Specialized, clean, and well-organized online presence is essential for preserving your brand reputation. General designs can create a negative impression of the product or service quality, the reason being customers see you as no dissimilar from thousand other companies. The website represents your business in terms of superiority, quality, and individuality, so you need to have one developed skillfully.

                                  Importance of Multiple-Channel Presence

                                  At a time when smartphones and handheld gadgets rule the roost, the number of people accessing websites through a desktop computer is fast dwindling. Almost everyone likes to browse the internet on the go. Therefore, a website with a responsive design – that ensures your website is displayed correctly and uniformly across platforms, devices and screen sizes – is essential to stay relevant in the dynamic online landscape.

                                  Multi channel Marketing

                                  As per statistics, whopping 67 percent users are more likely to use an enlisted service or buy products on a website with a clean, responsive design. In contrast, 61 percent users are likely to exit a website with an unfriendly layout and design. The bottom line is – a potential user may bounce back from your website and move to that of your competitors if you don’t cater to a multiple-channel presence.

                                  How Digital Marketing Can Help

                                  Digital Marketing

                                  Building a website from scratch is no big deal, given the user-friendly content management systems like WordPress. Even so, if you really want to make an impact with your web presence, it is advisable to use professional custom website development services because you don’t just need to build a carefully-strategized site but also work toward improving your search engine rankings to attract massive traffic. People will know that you exist, only when your website is visible in search engine results. A smart digital marketing campaign can help in bolstering your web presence to clock-in tangible gains.  

                                   

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                                    About the Author

                                    ...
                                    Ashmitha Chatterjee

                                    Ashmitha works with Fingent as a creative writer. She collaborates with the Digital Marketing team to deliver engaging, informative, and SEO friendly business collaterals. Being passionate about writing, Ashmitha frequently engages in blogging and creating fiction. Besides writing, Ashmitha indulges in exploring effective content marketing strategies.

                                    Talk To Our Experts

                                      Enterprise software solutions are the backbone of an organization. Selecting one for your organization is a great responsibility as it requires detailed analysis at each and every step. The major challenge lies in understanding that every organization’s structure is different and cannot do with the same software that was used in your previous organization or is used at the competitor’s company. To make your task easy, here are 8 challenges to avoid before purchasing an Enterprise Software.

                                      1. Change Management

                                      One of the key understandings that should come with a new Enterprise Software is that there is a need for identifying the changes in the IT infrastructure beforehand and then implementing it. Know how much change is required and if it is possible to handle before purchasing the new software. Also, the employees need proper training for change management and to get them comfortable with the new system before it goes live on an organizational scale.

                                      2. Physical Requirements

                                      Before jumping into a purchase decision, figure out what is the current IT infrastructure landscape, if it fits well or requires changes. For a newer setup, choose the software wisely and then plan the landscape. But remember, the software you choose defines this landscape and should be thoroughly checked to avoid any unwanted changes in the future.

                                      3. The load of migration

                                      Data is the basis for every industry functioning in this day and age. Introducing newer software to the system means adding your current data to it for validation and future operations. Check the requirements of the new system you plan on incorporating and if the required is way too much. Remember data is imperative to the organization and correct migration will minimize errors.

                                      4. What the vendor has to offer

                                      Sometime Enterprise Software vendors are too enthusiastic to sell the product but lack a structure post-purchase. Figure out what are the key support promises that they offer and if they have a track of delivering them. A due diligence of the provider should not be skipped especially if the vendor is not a big company.

                                      5. Readying the team

                                      Internal challenges are one of the key points to consider for the purchase. You will have to understand the requirements of the enterprise software development company well along with the features required. Each department will offer a different list of features they need. The challenge is to create a project scope that encapsulates all these important points and uses it as a foundation to identify the right software.

                                      6. Software scope

                                      Considering any enterprise software, and its capabilities, it is quite hard to find one that has everything that a business needs. As organizations strive to meet individual customer demands, they rely on customization to align their strategic objectives with enterprise solutions. For instance, one of our leading real estate organizations wanted to add a document management function that enabled them to share documents easily with their field agents. However, this posed numerous regulatory constraints considering security and privacy. Our solutions experts realigned the software architecture and build processes to meet the client’s requirement.

                                      7. Taking unwanted risks

                                      The market has opened up for Enterprise Software like never before and every day a new solution surfaces that promises to offer the best of all worlds. New-age technology can be highly enticing but always look under the hood and see if it has been taken for a test drive. Check LinkedIn, job boards, or other forums to find out more about the seller and the software itself. Don’t elevate your risks by getting attracted to high-end technology or pricing.

                                      8. No detailed analysis

                                      One of the issues that hamper the procurement of the right enterprise software is the lack of understanding of your own system. Run the analysis several times and match it with what the software will provide. Keep in mind to not depend on what the next version update will feature, rely only on what the solution provides today.

                                      9. Cutting the influences  

                                      Decision making in organizations sometimes doesn’t necessarily stay with the designated employees. It is directly or indirectly influenced by the owners or other people in important positions. No matter how well they know or what better deal is offered through a reference, ensure that the decision, in the end, comes keeping the organization in mind and not the influences.

                                      10. Exploring all opportunities 

                                      Do not hesitate to look at third-party support alternatives as they might offer something similar or better than premium vendor support. Look at the maintenance rates that come with the software as it is something that your organization will incur on a regular basis.

                                      Whether you are trying to set up a new system or replace an old one, an expert perspective can help reduce these risks and challenges.

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                                        About the Author

                                        ...
                                        Tony Joseph

                                        Tony believes in building technology around processes, rather than building processes around technology. He specializes in custom software development, especially in analyzing processes, refining it and then building technology around it.He works with clients on a daily basis to understand and analyze their operational structure, discover (and not invent) key improvement areas and come up with technology solutions to deliver an efficient process.

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