How to Accelerate Software Development Process
With constant pressure to cater to ever-changing customer expectations of high applicability and instant value the vast majority of independent software vendors are finding it increasingly difficult to meet customer demands without a software development process or software development strategy. In this blog post, we lay out how to develop this type of process so that you can speed up your software development and stay competitive. We then share 5 software development case studies that will give you examples of successful implementation of the principles below.
Here is How to Accelerate the Software Development Process
1. Develop and Employ an SaaS Model
According to Paul Roche at McKinsey &Company, independent software vendors with no SaaS offering are losing to ones that either always have had or are now developing an SaaS growth strategy. If you are an independent software vendor with no SaaS offering in your software development strategy, you’re now part of a 25% (and shrinking) sector of total industry revenues. Executing your SaaS growth strategy must be well-thought-through and aimed at creating a friendly and streamlined end-to-end customer experience. For example, a key element should be ensuring that there is total transparency and clarity in terms of what the customer is paying for, so i to eliminate any confusing terms that may surround your product. Any over-complicated multi-stage billing processes and unnecessarily elaborate order forms are also a no.
2. Find a Reliable Software Development Partner
There are many factors that can stall the software development process, however long-hiring cycles and lack of specific tech stack are the most commonly reported. Onboarding a reliable software development partner to complement your existing development potential gives you an extended arm for a much-needed sense of security. In the current market situation, finding suitable talent in a reasonable timeframe may prove to be a real challenge, putting development or delivery at risk. However, having a software development partner at your side can resolve unexpected staffing issues by eliminating long hiring and selection processes. Building a team through a TaaS model can take just a few days for a company operating globally with development centers on almost any continent.
3. Specialize Across Verticals
We all know that the Big Three are putting a massive squeeze on independent software vendors operating in their submarkets. Their overarching market presence coupled with unlimited resources allow the giants to innovate very rapidly and keep their cost low. Find your corner,l identify verticals where your strengths lie, and tailor your solutions to provide maximum value. Customers appreciate the fact that their software development partners are close to them and can prove that they have a profound industry and domain expertise. Furthermore, specific vertical and domain expertise helps to attract cash-rich customers seeking vendors that can develop, deliver, and build system infrastructure without locking themselves into one cloud/platform experience.
5 Software Development Case Studies for Independent Software Vendors
Discover how Exadel Software Product Engineering Experts have helped companies apply these principles and accelerate their software development business processes.
Originally published at https://exadel.com on October 5, 2022.