ROI or return on investment is a metric
for financial viability and potential
benefits of an investment and it can be maximized using custom software solution.
3. Forward Thinking
Digital Innovation
Why Custom Software Solution Is
Crucial for Maximizing Business ROI?
Designed in alignment with workflows and
processes for improving efficiency.
Helps businesses to automate tasks to increase
productivity and profitability.
Offers tailored user experience to elevate customer
satisfaction and improve conversion rate.
Generates new revenue streams through new
products and services.
4. Forward Thinking
Digital Innovation
Path to Maximizing Custom Software ROI
Develop a detailed project plan
Scope
Timeline
Budget
Description of the features and functionality.
list of milestones and deadlines for software development.
list of the costs associated, such as development costs,
testing costs, and deployment costs.
5. Forward Thinking
Digital Innovation
Experience
Experience in
custom software
development in
the same
industry as the
business is in.
Expertise
Expert technical knowledge on
the language and tools used to
build the software.
Resources
Availability of experienced talent,
infrastructure, and platforms.
Path to Maximizing Custom Software ROI
Choose the right software
development partner
6. Forward Thinking
Digital Innovation
Path to Maximizing Custom Software ROI
Maintain continuous improvement
of the software
Gather customer
feedback
Fix bugs.
Add new features
Release patches.
7. Forward Thinking
Digital Innovation
Earn confidence of the C-suite managers about the
key milestones of the software development roadmap
and costs involved.
Invest in training about a new tool, language, or
platform for the development team.
Maintain transparent and synchronous communication
within the project team and key stakeholders.
Path to Maximizing Custom Software ROI
Involve key stakeholders throughout
the development process
8. Forward Thinking
Digital Innovation
Implement a CI/CD pipeline.
Follow a TDD(Test Driven Development) approach.
Conduct regular code reviews.
Adopt a DevOps culture.
Path to Maximizing Custom Software ROI
Use agile development
methodologies