Technology has changed the way we do business. The current pandemic has further thrust ecommerce to the fore. Almost everyone now depends on the Internet – shopping, selling, paying bills, etc. And as consumers move to cyberspace, it has become necessary for businesses to set up an online presence.
While the Internet is a real game-changer for entrepreneurs, it is hardly an easy road to success. The rapid digital business transformation has resulted in fierce competition in the ecommerce world. Businesses need to adapt and be ahead of the competition to thrive.
Online businesses must be equipped with the right strategies and tools to succeed in the cyber marketplace. Having the right IT solutions is probably one of the most important aspects of doing business online. This brings us to the question: Is it necessary to hire developers?
Does My Business Need Software Developers?
Basically, the need for software development is highly dependent on the nature, process, and scale of the business. Small businesses with generic processes and limited audiences can operate using mass-produced IT solutions. There are even ecommerce sites or marketplaces with full business features including inventory management to invoicing to payment gateway.
There are cloud-based development platforms that enable businesses to build their unique online presence such as websites, mobile apps, CRM tools, SEO tools, and other digital marketing tools. Likewise, there are custom software development companies that businesses can commission to develop their software. According to a specialist at telecom billing system, Kansys, some software development companies specialize in specific
On the other hand, some businesses require continuous software development. These businesses often operate in highly competitive or specialized industries where packaged software solutions are not suitable to their unique processes. The same is true with businesses in the IT sector. Hiring developers is crucial to their operations, efficiency, and success.
Likewise, businesses that are rapidly scaling up also benefit from hiring coders during this phase. Having organic developers within the company structure can ensure the precise and timely deployment of crucial IT solutions. Businesses that are transitioning to digital operations also require hiring developers, although this might only be temporary.
Pros and Cons of Hiring Developers
Now that we’ve discussed the different scenarios where hiring developers is necessary, let’s take a look at its advantages and disadvantages.
Pros of Hiring Developers
- Team of experts. Building a team of in-house developers ensures that you have experts in your team who are working towards the visions and goals of the company. You will have developers right when you need them.
- Privacy and confidentiality. With organic developers, you are assured that your confidential business data is protected, including your portals, mobile apps, servers, and all other IT solutions you’re working on.
- Seamless collaboration. When building software, close coordination and collaboration are vital to achieving the desired functions and features of the IT solution. You can reach out to the software developers if you have any concerns or revisions. Likewise, the coders can collaborate with other departments, employees, and other stakeholders for a responsive IT solution.
- Quality. Hiring developers can guarantee the best quality of IT products and software that you build. Quality checks and audits can be performed at various stages of the software development process.
Cons of Hiring Developers
- Cost. Building a development team takes more than just one programmer – it requires a team. Depending on the project size or complexity, you might need to hire at least 3 professionals. At the same, the IT assets and infrastructure, training, office space, and all employee benefits are a costly investment. As such, all of these should be considered before hiring developers.
- Overhead costs. When you hire organic developers, the business pays for them even without any tasks. For businesses that don’t have a continuous need for new software programs, this could be an expensive financial loss. Add to that, you are also responsible for extra expenses such as maintaining your IT assets, licenses, development and design tools, etc.
- Difficulty hiring process. Recruiting experienced programmers is a tough challenge. With a shortage of IT professionals, businesses are competing for experienced professionals. Building a team of experts can take several weeks or even months. This can be a major problem if you need to develop and deploy IT software in a short period. Furthermore, not all developers have the same skill set and experience, you need to look for someone who the business’ unique requirements.
When deciding whether to hire developers or not, you have to carefully consider the software development needs of your business. As discussed above, not all online businesses benefit from hiring software developers. Performing a cost-benefit analysis is a crucial step in making the right decision.