Corporate America Looks to Custom Software for IT Upgrades: Survey

NEW YORK (TheStreet) -- A major shift is taking place in enterprise-level software development as companies are looking toward using custom software instead of the prepackaged variety, according to a recent survey.

A Nielsen/Harris Interactive Information Technology Decision Makers omnibus survey of 306 IT decision makers in December 2014 found that 52% of the respondents are more likely to lean toward custom-developed software when looking to update their company's IT infrastructure.

Additionally, going with a mobile-first approach was shown to be very important among these individuals, with 70% of those surveyed saying their company is likely to invest in cloud-based application development programs, while 66% said they would go with custom software solutions sometime during the next five years.

About $335 billion will be spent in 2015 on IT spending, with $107 billion of that figure being expended on application development and support, according to Gartner's IT Worldwide IT Spending Forecast.

The top reasons cited for leaning toward custom software were: the efficiency of that type of software, 53%; it is designed to serve a unique need, 51%; and the ability of the company to make enhancements, 46%.

"The industry for custom software development must change," said Matt Calkins, CEO and president of Appian. "Seventy-two percent of IT professionals acknowledge that traditional solutions are too slow, and this prevents them from infusing their companies with digital business innovation."

Appian is a developer of custom business process management and case management software.

Those surveyed said the industries that will most benefit by using custom-developed software are financial services, manufacturing, telecommunications and the health care/pharmaceutical sector.

If you liked this article you might like

Why Tablets May Not Be Dead Just Yet

Can Xbox Help to Boost Microsoft’s Business?

Does Replacing a CEO Help or Hurt a Company's Stock Price?

Why Apple Music Will Succeed Despite Being a Me-Too Service

Buy or Lease? Your Decision Is a Few Simple Questions Away