Dominate the market with innovative tech solutions

It’s not easy to establish, run, and manage an R&D department at your office, especially if your business model does not seem suited to it. But that doesn’t mean you should give up on the great opportunity to offer new digital product solutions or scale up your existing ones to meet your goals.

This is where Getweb comes in – to support you with a dedicated R&D team and a technology research facility that designs and develops new products with increased functionality, enhances existing product qualities, develops new product research and testing methods, integrates new technologies, and much more.

With our inputs, you will surely be one-step ahead of your competition and if luck favors, disrupt the industry!

Investing in software R&D is a solid business strategy. According to a Harvard Business Review study, there is simply no alternative to investing in R&D. The study also shows that bigger companies tend to invest more in this sector and yield higher returns as a result. 

The only way to stay innovative as a business entity is to invest in research and development; especially for software companies. R&D helps gain insights on how to plan, modify, design, and develop your products, service, technologies, processes and strategic plans. 

No doubt if you take this off the table, your company won’t have much more value to offer and there will be minimal or no growth for sure.

Alongside developing new relevant products, the primary benefit of software R&D is that it will help your existing products to become more and more user-oriented. You will have ideas and solutions that do not exist in the market yet, which will accelerate your growth.

Usually, there is no time limit in the research and development process, making it a continuous process to achieve greater productivity, wider market coverage, higher profits, and longer market relevance.

R&D also provides an opportunity to tie your marketing efforts with new insights and establish seamless communication across all your departments. Over time, these little achievements will accumulate into bigger innovations.

There are 3 central systems for research and development – 

1. Basic Research
2. Applied Research
3. Development

a) Basic research

This is the 1st step that begins with the study of the basic understanding of the products and their qualities. However, this research is not associated with commercial or practical use right off the bat.

b) Applied research

Unlike the basic research, the applied research has a more specific goal that revolves around finding the best ways to satisfy your customer needs. This is more related to IT research and development. 

In this phase, the researchers and scientists work together to facilitate the development of new products. They conduct their research in technical fields closely related to the production, which results in the enhancement of the existing products and the innovation of the new ones. 

c) Development

This phase heavily depends on studying the existing products and figuring out ways to improve them in terms of production, material, and new features. Researchers explore new ideas for the products and use the research data to implement those ideas into the final product.

Both software development and R&D have the same goal – to take your tech solution to the next level. However, the methodology is vastly different from one another. 

Let’s explore what separates them from each other: 

• Software development has to follow a strict time frame whereas R&D is a continuous process with no deadline
• Software development involves focusing on a specific product while R&D experiments with ideas, plans, and technologies
• R&D does not aim at making immediate profits whereas software development tries to make direct and quick financial gains. 
• R&D provides data while software development provides working solutions
• Software development aims to solve a business problem with a product whereas R&D focuses on coming up with new solutions for a particular problem