Every successful company collects data. This data is processed, analysed and transformed into information that creates real business value. Data has become a strategic asset for organisations around the word and needs to be harnessed in the right way. How valuable this data capital is depends on the quality of the software for data processing.
Through the digital transformation in the economy across all sectors, software is increasingly becoming a key success factor in daily operations. In today’s digital age, a growing amount of companies, even those where software development isn’t a focus, are striving for more efficient data processing. However, an off-the-shelf piece of software that caters for every business model and process simply doesn’t exist. Therefore, software must be adapted or developed, with many companies practising development in-house.
Software development, previously regarded as a pure IT issue, is increasing in importance and has become a business-critical task as a result of the digitisation of everyday business. It means speed and efficiency have become paramount. As business processes continue to change, the correct software that is implemented across an organisation has become even more important for competitive business operations.