An average of 50% of all businesses fail within the first five years, and 70% fail within the first decade. Every company needs to allocate its resources wisely to survive and thrive. Choosing the right software for your business can improve operational efficiency and translate into growth opportunities.
Do you choose the least expensive software solution or one that scales as your business and software functionality needs evolve? Here are six reasons to choose scalable software.
When you first choose software, you want it to perform the functions your company currently needs; any more than that may waste precious financial resources. However, as your business grows, you will likely require more from your software. A scalable solution can adapt to your business’s changing needs.
There are two types of scaling: horizontal and vertical. Horizontal scaling enables you to expand functionality by adding more equipment to handle your company’s growing workload. Vertical scalability refers to expanding power in the existing infrastructure through increased memory, storage, and central processing units.
Choosing scalable software is an investment decision that offers multiple benefits for your company. The top six are as follows:
Compyl provides scalable software for industries that need to comply with data and information security regulations and certifications. Whether you have just launched an eCommerce business or your organization is a large financial institution, our end-to-end software solution can handle your current needs and grow with your business. Request a demo to see what we have to offer.