Packaged Software, Vertical Software, Custom Software. Which one is right for your business? Each one has its own advantages and disadvantages.
Packaged Software – Inexpensive and ready to use right out of the box. May have limited features for your business. No customization.
Vertical Software – Designed for a specific market or business, some customization allowed but can be very costly and time-consuming. Usually no control over the database. Custom changes can be overwritten with updates.
Custom Software – Written to fit your business model and your business rules. You have total control over the database and all future changes. A larger up-front investment but it can have a greater ROI when done right.
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