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Who Actually Uses Bespoke Software in 2023

The UK FTSE Top 500 is taken over with companies using their own software and systems to stay ahead, so we did a deep dive into exactly who what and why.

2 mins read
Published July 05, 2023
By Josh Comery

Chuck the one-size-fits-all off-the-shelf software to one side, we're entering the era of bespoke software. It's a top-notch, tailor-made bit of kit built for your business, taking into account everything you do, the way you do it, and your grand ambitions. This gem fits into your organisation's workflows like a glove, helping you to get things done quicker, work smarter and run things slicker.

So, Who's Actually Using It?

If you have a look at the FTSE 500, You'll find that practically every business there is making use of their own bespoke software. Bespoke software has really been taking off in the last decade and is quickly becoming a not so well kept secret anymore among the top businesses in the country.

Company M: Big in the Finance Game

Company M, big cheeses in the finance sector, all use their own custom-built trading platforms. They’ve turned to bespoke to keep an eye on the market in real-time, automate the dull stuff and make portfolio management as smooth as a baby’s bottom.

Company Z: Riding the Digital Wave

Company Z saw the light when it comes to customer engagement. They splashed the cash on custom software to give their digital presence a bit of welly. They've got a customer relationship management (CRM) system that works hand-in-hand with their website, social media platforms, and email marketing tools. It's all about personalised chit-chat, hitting the bullseye with their campaigns, and getting a load of juicy, data-driven insights.

Company S: Supply Chain Wizards

Company S, with their worldwide supply chain and mega complicated logistics, needed something a bit special to keep on top of it all. They got stuck in with custom software and created a centralised inventory management system that chats with their suppliers, warehouses, and shops. They've got a bird's eye view of everything, speedy order fulfilment, and spot-on demand forecasting. Their software is a bespoke masterpiece that’s reshaped their supply chain, cut costs, and made their customers happier than Larry.

Why are They Going Bespoke?

When businesses start to get bigger, off-the-shelf software starts throwing wobblies. The costs are spiralling, they're hiring more people just to keep things ticking over, and there are more and more expensive problems cropping up that they've got no control over.

But here's the clincher: having your own bespoke software isn't just about streamlining processes. It's about adding value to your business, not somebody else’s. It's like renting versus building your own house. Your own software bumps up your business's net worth and opens the door to top-of-the-line tools and processes that nobody else can get their hands on.

So there you have it. In 2023, bespoke software isn’t just a flash in the pan; it’s a savvy business move that’s helping the big players up their game. They’re enhancing efficiency, boosting customer engagement, and lining their pockets. The age of bespoke software is upon us, making way for customisation, innovation, and business-centric solutions. Better get with the times!

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