COTS Software vs. Custom Software: Every Startup’s Dilemma
There are two sides to the commercial off-the-shelf (“COTS”) software versus custom software dilemma that startups and growing businesses face. On one hand, using COTS software can help your business become operational faster and usually more economically. You license some software. You install it. You go. Or perhaps you access it via “the Cloud” if you subscribe to a software program that enables user access via a software as a service (“SaaS”) model. If commercially available software meets your business process support requirements and suits your needs, then COTS software is a great option. If it’s something popular, like Microsoft. Read More.
Topics: commercial off-the-shelf "COTS", COTS software, Custom Software, customer relationship management “CRM”, Domestic Production Activities Deduction “DPAD”, DPAD, enterprise resource planning "ERP", PATH Act, Protecting Americans Against Tax Hikes Act "PATH Act", research and development, Software-as-a-Service "SaaS", tax credits
Public Technology Companies Show Increased Market Performance
Positive news came to the technology industry, as performance of various sectors within the industry reveals growth performance, according to Hyde Park Capital. In a recent report on Technology M&A, all sectors of the technology industry experienced a positive public stock market performance. Of the largest gains, Internet was up 45 percent, Software-as-a-service (SaaS) grew 33 percent, and IT Services were up by 22 percent. This performance gain for technology companies might signal future M&A growth activities to come. Read more on the trends and activities in the technology industry by clicking here .