A large privately held financial software, data and media company successfully installs and implements Business Intelligence on it's proprietary network servicing the global financial community.
Software Development
Your business model provides you with a competitive advantage. Smart investments in software can help you capitalize and automate your model. Software should be purchased as a tool to automate and improve your business productivity and profits. Often we see companies invest in ill-advised but popular software tools that actually hurt their business.
Xforty can you provide you with a full ROI analysis to insure your investments provide a maximum return!
There are four types of software investments companies make today:
- Off the shelf software - initial license fee and annual maintenance
- Software as a Service - monthly fee with annual contract
- Open source software - ongoing maintenance cost
- Custom software - initial development cost and ongoing maintenance cost
All four can be legitimate and profitable investments, but only custom software can provide you with a competitive advantage. Due to the initially high cost of custom development, xforty normally recommends a hybrid approach of using any of the first three software investments along with custom integration to extend the features and functionality to fit your business.
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Success Stories
A large service provider and media conglomerate providing educational web sites and mobile applications for children at the last hour discovers the need to be COPPA (Children's Online Privacy Protection Act) compliant.