![]() ![]() That’s where low-code, custom-built data solutions come into play. ![]() Purely SaaS products have always been relatively affordable, but the problem is that businesses “graduate” to solutions that can scale and meet their evolving needs. ![]() These visual, streamlined platforms allow businesses to quickly automate their processes – without the complications of hiring additional team members. The final (and arguably most influential) reason behind the pendulum’s swing: low-code software solutions. The bottom line is that with the risks and prices of today’s software teams, many SMBs are better off looking for reliable, cost-effective, and entirely custom software. This can result in massive project delays as you hurriedly hire new talent, wait for them to dive into and learn your system, and determine if they want to work with your current project – or make the (expensive) decision to scrap the project and start from scratch, as they see fit. On the flip side of this problem, if you’re the one with the developer currently, you risk losing key personnel to the highest bidder. Most software projects require multiple skill sets per team – and the more skillsets you need, the higher your department budget will need to climb. The other problem is that you likely need more than just one developer. If you’re looking for an especially experienced or talented developer, you could easily be looking at $200K in salary plus benefits. Software developers in the United States make a median salary of $110K, but that number continues to rise by the year. ![]() If businesses can find developers to add to their team, chances are, they come with higher salary requirements. Scarcity typically leads to bigger price tags. No matter what team members come and go (even developers), the company still has the resources it needs to keep the wheels turning. On the flip side, custom software solutions are crafted specifically for the business. Their professional team jumped ship, taking with them crucial knowledge about the systems they have built. This leaves many small to mid-sized businesses in a bad position. Thus, the pendulum moves towards a reliance on software.Īnother problem with this developer shortage? Software and data engineers are in high demand, which means they are often quick to move to the next lucrative opportunity. When professional software developers become more difficult to find and hire, businesses are forced to create custom solutions – ones that can function without the constant oversight of skilled, valuable developers. There’s already an ongoing software developer shortage, but the number of software job vacancies is still predicted to rise by 22 percent by the year 2030. Many industries are currently experiencing skilled labor shortages, and the IT field is no different. Now, in 2022, we’ve seen the pendulum swing heavily away from people – and we believe there are three main reasons behind the movement. Even small companies began to focus more on software than on hiring robust, highly skilled IT teams. As a result, the average SMB was left relying heavily on their more affordable IT staff for tasks like data warehousing and analytics. In the 1980s and 90s, custom software applications were predominantly reserved for large companies with big resources and even bigger budgets. Over time, those of us in the tech industry have watched the pendulum start in one place – but today, it’s on the move. In the world of custom application development, there’s a pendulum that swings between reliance on software and reliance on people. SaaS and why the pendulum is swinging back to software. In this submission, Nom Nom Data Founder aNam Nguyen offers a comparison of salary vs. This is part of Solutions Review’s Premium Content Series, a collection of contributed columns written by industry experts in maturing software categories. ![]()
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