Custom Data Solutions vs SaaS Data Products

Joe Schattschneider
11/17/20 6:01 PM

Integral companies - with their massive, global employee bases, substantial product offerings, and decades of legacy processes and software - face the world's most complex data problems. And throughout much of the past two decades, those complex data problems have been met with customized software solutions.

Famous for a waterfall approach to design, development, and implementation, these customized software solutions start with a requirements process. Teams design the customized software solution to your exact specifications through flow-charts, mock-ups, and pages of customer requirements. Documents reveal complete and flawless integration with all of your organization's varied processes. Each workflow is a clear and precise improvement over your current operating model. It is perfect... on paper.

But the three months of requirements elaboration stretches on to six months of ongoing revisions. Add another six months of design work and approval. And after an entire calendar year, you have a few million dollars in expenses and a lot of very pretty documentation.

In the fast-paced business world, leaders need to prove ROI within one to two years - impossible when your solution isn't running in production within that timeframe. 

Then, in the early '10s, the pendulum swung towards "platformification" and Software as a Service (SaaS). Thanks to incredible advancements in cloud computing, users can access software applications through the cloud. Start-up tech firms commonly run this space with their platform business models and one-size-fits-all products. "Let's solve one problem really well and sell it to a bunch of users at a relatively low monthly price," is their rallying cry. Salesforce, Shopify, and other SaaS organizations excel through this development approach.

But integral companies are too large, too complicated, and have too many ongoing areas of improvement. They pay for hundreds, if not thousands of SaaS products to manage every aspect of their business ranging from the supply chain to sales to HR to internal communication. You pay for features that you never use, and the features you do use only solve half of your problem.

Kingland has been building software to manage enterprise-class risk since 1992. We are all too familiar with how software development has progressed over the past 25 years because we followed that same path. 

When we created highly-customized software solutions for integral companies, we found the usual software solution was too expensive and took too long to provide value.

As we built and sold a traditional, one-size-fits-all products, we found that we fell short of completely solving the unique challenges faced by our integral clients.

But with all that experience comes wisdom. We have spent the past four years investing in three significant areas: our platform, our people, and our processes. Our platform is not a one-size-fits-all product. It is a reliable, secure, and resilient foundation. Then, our experienced development teams follow a proprietary design process to provide a solution that solves your firm's unique challenges. This approach delivers complex, customized solutions in six months or less. It's the Kingland Way.

We won't solve every one of your unique enterprise challenges. But we will reinvent the way you use data and technology to connect and protect your business.

Click here to download a checklist comparing custom data solutions, SaaS data products, and the Kingland Way.

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