article thumbnail

How we pivoted our deep tech startup to become a SaaS company

TechCrunch

Initially, we approached this as a hardware challenge until we determined that the key to meeting next-generation electric motor demand actually lies in software. ” realizations, accompanied by trials to make it all work. Brian Casey is CEO of ECM PCB Stator Technology. At that point, we also pulled in some new investors.

Company 247
article thumbnail

Understanding the Dynamics of Custom Software Development

The Crazy Programmer

Compared to commercial off-the-shelf software products (COTS), custom-developed software is built to meet a narrow, specific set of requirements. Commercial off-the-shelf products are obviously designed to appeal to the masses as they are commercially marketed and distributed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Is Custom Software? Unlocking the Power of Tailored Solutions

Invid Group

Custom software refers to applications that have been specifically created to meet the needs of an organization. Custom software refers to applications that have been specifically created to meet the needs of an organization. Scalability and flexibility: A business can develop and expand alongside custom software.

article thumbnail

Impact of Custom Medical Software on Healthcare

The Crazy Programmer

As value-based care and preventative health continue gaining momentum, healthcare providers need agile tools to manage population health, enable precision medicine, and meet stringent regulatory compliance requirements. Generic off-the-shelf software often falls short of meeting specialized workflow needs.

article thumbnail

Custom Software Development Services & Modern Practices

Apiumhub

It definitely helps accelerate technology and meet ever-higher customer needs, seeking unique ways to keep up with the trends. The alternative, off-the-shelf software could be inefficient or inadequate. The alternative, off-the-shelf software could be inefficient or inadequate.

article thumbnail

How Can CIOs Avoid Wasting Their Budget?

The Accidental Successful CIO

All too often they end up building something new rather than buying off the shelf. Then they need to look at their current spending plans and try to determine if they are meeting the company’s needs. However, this is where things can start to get a bit complicated. Where Is The Money Going?

Budget 52
article thumbnail

Building vs. Buying Software Solutions: Which One is Right for Your Business?

Sunflower Lab

Scalability Scalability is a crucial factor for businesses because solutions need to grow as the business grows. Building a custom software solution can be more scalable than buying an existing one because you can design it to meet your specific business needs.