Customized Application Development:
Custom software development is the designing of software applications for a specific user or group of users within an organization. Such software is designed to address their needs precisely as opposed to the more traditional and widespread off-the-shelf software. Such software is typically created just for that specific entity by a third-party by contract or in-house group of developers and is not packaged for reselling.
Customized software development entails the commissioning, development and release of a software product tailored to a single specific entity. For example, an application created for "XXX-company" Chase would only be used by that company and the department for which it was designed. The software is designed keeping the company infrastructure, branding and implementation needs in mind, implying it can only work for that organization
The benefit to custom software is the simple fact it provides features off-the-shelf software does not. Designing an application with your organizations needs in consideration implies an increased level of productivity.
Picking a company to create a software application for your business is not an easy task. Most small and large businesses alike must search for local companies to bid for work, and then pick the company that promises the right price and level of services. These companies typically meet with the requesting organization to assess their needs and determine the total amount of work required to create the custom software.
After that, they put in a bid to identify how much development time is required and the cost associated. These bids are never set in stone as some projects may require additional time and may thus cost more. Picking a company should never come down to money, but should instead be a choice on the company that will be the most flexible and willing to work with the contracting business.