How does the cost structure of generic software compare with the expenses associated with custom software development for businesses?
Lakshya KumarExplorer
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How does the cost structure of generic software compare with the expenses associated with custom software development for businesses?
Generic software typically costs less upfront than custom software, which requires more resources for personalized design and development.
Custom software development is more costly due to its tailored approach but offers specific features that generic software can’t.
While generic software offers lower initial cost, custom software incurs higher expenses due to unique design and functionality needs.