Top 7 Custom Software Development Companies in Canada

Choosing a software development company to work with can seem like a daunting task. There’s an array of great choices out there, but we’ve narrowed it down to the top seven companies that could be the best choice for you. These are all Canadian companies that offer the best of the best, and we’ve amalgamated the highlights of each for you to choose whoever best suits your company’s needs.

 If you’re wondering why we chose specifically Canadian software companies, here’s a list of good reasons as to why it’s in your best interest to hire in Canada. 

This list is in no particular order. Each company offers something unique to the game, and they all offer pros to consider. Without further ado, let’s dive in.

1. Lunarstorm Technologies 

In business for over two decades, Lunarstorm is your go-to team of hard working professionals that will bring your project to life. Working with individual-sized businesses to companies with over 350 stores nationwide, Lunarstorm has the experience you need.

With clients ranging from the University of Guelph to OK Tire, Lunarstorm specializes in IT support, software development, web design and SEO. If you’re looking to create a beautiful website that ranks on Google’s search engine results page, Lunarstorm has the talent to back you up.

2. Quantum Mob 

Quantum Mob is a custom software development firm that helps businesses ship more often, add resourcing to your product team, and build or refresh apps your business needs to scale. Based in Toronto, QM specializes in creating beautiful and functional products that deliver results, especially for loyalty programs and user-end applications. Their clients include Aeroplan, Air Miles, and AMD. If you’ve got similar projects, Quantum Mob is sure to help you kickstart your plans by helping you identify the problems in your business.

3. ISU Corp

Located in the technology triangle, ISU Corp has over 17 years of experience in providing high-end custom software development for companies like General Electric, Labstat, the University of Waterloo, and the Ontario Teachers Insurance Plan. From crafting specifications to providing top developers in your time zone, ISU Corp has completed thousands of projects making technology as it should be: simple. 

Trusted by start-ups, midsize and Fortune 500 companies, ISU Corp is the industry leader for innovation. Their new product, the ISU Core, is a time and money-saving platform that already comes with common features pre-built and ready to customize to your company’s branding. This can help save you up to 70% of implementation costs, all while giving you the software to scale your business in record time. 

ISU Corp is an excellent choice if you’re look fore a Custom Software Development Company in Canada

4. Duck Labs

Duck Labs delivers practical solutions to difficult business problems, leveraging technology in ways your customers will love. They focus on “design-led development”, which means that throughout the development process, they are keeping your customers’ experience in mind. Their commitment to user-centred innovation means the users point of view is represented throughout the project: their goals, tasks, pain points, and needs; business strategies and requirements; and the technological suitability and benefits. If you are customer-oriented, then Duck Labs is the way to go.

5. Spaceo 

Looking for a custom Android app development solution? Spaceo has been recognized as one of the most trusted Android app development companies amongst MBs and enterprises to grow the business. Whether you need a customized app for Android smartphones, wearable, or TV, their Android developers provide a reliable solution using Android Studio, Eclipse, and IntelliJ IDEA tools. Spaceo develops cloud-based Uber-like mobile app solutions for iOS, Android, and Web platforms for a number of industries across the globe. They have designed 50+ apps like Uber successfully, whether it is for food, taxi-booking, marijuana, beauty, or any other service provider. Does your business keep things on-the-go? Consider this company to help you with your software needs.

7. Whitecap Canada

Whitecap is a leading custom software solutions provider in the GTA, helping organizations of all sizes to reimagine and transform their businesses for the digital future. 

Their mission is to enable companies to better serve their customers, increase productivity and improve operating efficiencies by delivering quality custom software solutions, giving them a competitive advantage within the markets they target and with the customers they serve. They strive for excellence in their work by employing proven industry leading technologies and best practices for software development with a keen focus on security and user experience (UX) design. 

8. Rootquotient 

RootQuotient is a group of highly talented individuals in the field of technology who came together with the dream of building a great technology entity which would impact lives of millions positively. They design & develop applications that are innovative on the tech-front.

Rootquotient keeps exceptionally high standards. They strive to create results that not just meet the client’s needs but that ensure their success and make them stand out. Their core focus is on creating a holistic digital solution for clients’ specific needs with their tech expertise in Web, Mobile, Data and Cloud.

The Takeaway

In the end, each company brings a specialization to the table that may suit your business needs best. From android development to streamlined app creation through the ISU Core, you can find a solution that will help your business scale faster than ever before. Outsourcing through a custom software development company in Canada is a great way to cut back on costs, speed up your project timelines and get results that only a team of highly trained experts can deliver.

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ISU Corp is an award winning software development company, with over 17 years of experience in multiple industries, providing cost effective custom software development, technology management, and IT outsourcing.

Our unique owners mindset reduces development costs and fast-tracks timelines. We help craft the specifications of your project based on your company's needs, to produce the best ROI. Find out why startups, all the way to fortune 500 companies like General Electric, Heinz, and many others have trusted us with their projects.  Contact us here.

How Health Insurers Are Using FinTech to Cut Costs

For health insurers, business doesn’t come cheap, which was especially problematic when the industry faced the Covid-19 pandemic. Insurers had to continue funding treatments, tests, and other care services. Adding on to this, there was significant revenue loss without the ability to perform surgeries or offer the other bulk of their services. One example is major American health care provider Humana which saw a loss of nearly $460 million in 2020. 

This was a significant dip from 2019 when the company saw profits of just over $590 million. The fluctuation was due in part to the influx of hospital patients being treated for Covid-19 which lowered the utilization of other care resources by 15%. Not to mention that these companies had to terminate employees and accommodate/navigate a hybrid work environment in the midst of all this.

Making Necessary Changes

The shift made companies realize that they’d have to pivot to keep up with their industry's changes. These changes specifically needed to be focused on administration in areas such as communication and payment methods. This is where FinTech technology came into play; by shifting to electronic payments and digitally corresponding communications between members and providers, the industry was able to cut costs and retain members. 

Insurance companies recognized that digital transformation is necessary to keep up with consumer demands. The particular technology that revolutionized the insurance industry is primarily made possible through ​​the Automated Clearing House network and Virtual Credit Card (ACH/VCC) which eliminate paper records and reduce customer service requests. In effect, this is attractive for members as well as companies who have benefitted from reduced support costs.

At this point the message is clear: a digital landscape allows providers to focus their efforts on the competencies that make their services useful. Though this was inhibited by the constraints of the pandemic, it may have been the cold awakening businesses needed to scale through the next decade. Insurance is a highly competitive market and although the service is not mandated everywhere, it is something that people need and will look in-depth for the best option.

The insurance industry is moving quickly, and again, there will always be a need for this service, but providers need to roll their sleeves up to bring the best product. With advancements like InsurTech, AI, ML, IoT, and other software tools like them, health insurers can operate cheaper and far more efficiently. Here are some examples of how technology is likely to change the industry:

• Customized Options: Product manufacturers and distributors teaming up to embed insurance within products and services (IoT) would allow consumers to find options that support their specific lifestyles.

• Product Flexibility: Coverage that accommodates specific needs for one's lifestyle, wellness, or current life stage and that is event-driven, time-flexible, adjustable, and modular. It is likely we could see a dominance in technology that takes this data into account when developing coverage plans.

• Automated Underwriting: AI and technological algorithms individualize pricing options based on the risk that potential customers carry.

• EZ Value Options: Taking into account the shopping habits of consumers in new markets, those who offer products that are flexible in terms of timeline, and who do not lose sight of underwriting (to weigh risk) will be successful in this market. 

AI and the machines in its technological hemisphere are changing the insurance industry from underwriting to distribution to pricing and claims. After seeing the beneficial changes InsurTech brought to the industry, companies are using these outlined methods among others to make their operation run effectively for themselves and their clients. 

This technology puts consumers in the driver's seat of their healthcare and well-being. For companies, this makes the sales process easier as they can understand their clients better. It’s made connecting with consumers easier which led to over $2.7 billion generated in revenue for the insurance industry during 2021 using AI. That number is expected to reach around $46 billion in the next decade.

Reasons Behind the Growth

Insurance companies continually investing in AI and Machine Learning dramatically increases collaboration between solution companies and insurers. Additionally, insurance services looking for personalized solutions contribute significantly to the global expansion of the solutions development market. 

Common worries about limits on the market stem from high usage costs and talent shortage. However, this risk is mitigated with initiatives from the government and surging investments which make the market highly lucrative and sustainable long term. 

The Takeaway

Finding solutions that serve the best interests of your business is not an inducement but a requirement for a software company to earn business. The technology serving the FinTech industry isn’t exclusive and this is something insurers have tapped into. We can expect to see other industries following the same embracement of AI & Machine Learning so long as the right solutions are there to serve them.

Written By Ben Brown

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ISU Corp is an award winning software development company, with over 17 years of experience in multiple industries, providing cost effective custom software development, technology management, and IT outsourcing.

Our unique owners mindset reduces development costs and fast-tracks timelines. We help craft the specifications of your project based on your company's needs, to produce the best ROI. Find out why startups, all the way to fortune 500 companies like General Electric, Heinz, and many others have trusted us with their projects. Contact us here.

Why Hire a Software Development Company in Canada?

Next to a giant like the United States, Canada can often get lost in the background thanks to its smaller population and unassuming reputation. However, there’s a lot to be said about the potential goldmine Canada has to offer, especially in terms of tech talent.

Software development is a crucial aspect of any business that wants to stand a chance in today’s world. There are countless processes in any given company that can benefit from being automated.

Hiring within North America can be very expensive—if you don’t know where to look. Some benefits to hiring a software development company in Canada include:

Talent

Curious about what Canadian tech talent can bring to the table?

Growth

Canada is known as the Silicon Valley of the North. Thanks to its rapidly growing tech sector still being somewhat untapped, businesses have the opportunity to utilize top talent at a relatively cheaper cost while remaining within North America.

Education

Canada is home to some of the top universities in the world. Canada is constantly building up highly-talented tech workers, and it shows: “The Toronto-Waterloo corridor is the largest tech cluster in North America outside of Silicon Valley.” It’s crucial not to overlook the huge pool of talent waiting just North of the United States. This corridor is also recognized as the #1 Startup, Cleantech, and Fintech ecosystems in Canada.

Skill

The expertise within a Canadian software development company is guaranteed to deliver beyond the expectation. Software companies grown in the environment of a newer Silicon Valley is shaped to take software solutions to the next level. It’s no coincidence that our tech scene is booming with a tech worker density comparable to Silicon Valley, and way above that of New York and Seattle. According to the Waterloo Economic Development Agency, the Toronto-Waterloo corridor is home to 15,000 tech companies, including 5,000+ startups, and more than 300,000 employees in high-tech industries.

Next-level Outsourcing

Nearshore outsourcing is a great way to continue to lower costs of software projects. A Canadian software company that prioritizes training outsourced talent to the same standard brings all the benefits of homegrown skilled workers to the forefront of any project.

Time Zone

When looking for software solutions, it’s tempting to outsource to countries like India, China, or the Philippines. There are many talented engineers outside of the continent ready to work, and while the world has largely moved to working entirely online, there are still too many negatives when it comes to outsourcing so far away.

Offshore Cons

The biggest setback, of course, is the massive differences in time zone. When you have teams that are anywhere from six to twelve hours off from your local team, it can wreak havoc on your projects. This can cause issues and delays, as communications break down easily and time is lost to waiting on days-late responses. Too much time is lost trying to wait or accommodate to offshore teams.

Language barriers can also be an unfortunate setback. When outlining the needs of a software solution, there can be no room for misunderstandings, lest there be more delays and missed deadlines.

Nearshore Pros

When hiring local or nearshore, work is efficient thanks to a shared eight-hour workday. Building a software solution is highly collaborative in nature; any successful project demands a fast-paced and responsive communication approach, which is made simpler when working with engineers in your time zone.

Culture

Canadians have a reputation for being really nice. While there’s debate on how true the stereotype is, it’s true that Canadians tend to be more altruistic when compared to their American neighbours. Isn’t that ideal when working on something as important as the backbone of your business?

Canadian talent also offers a wide worldview, as the immigration system allows for people from across the globe to gather in one place and collaborate on shared goals. The diversity and openness of Canadian culture encourages the melding of ideas, leading to unprecedented creativity and innovation.

This also creates opportunity for empathy, an important element to working with any software development company. It’s crucial to work with a team that truly understands the ins and outs of your business, while also seeing beyond the verbalized wants and into the needs of any software solutions.

ISU Corp calls this practice the Owner’s Mindset. Our teams are trained to see beyond the specifications of a project to cover all of a clients’ bases. Our experts are ready to analyze a businesses’ needs and deliver software tailored to suit its needs.

The Takeaway

Hiring a software development company in Canada is a strong choice for any business to make. Canada is home to globally reputable universities, which means a constant stream of new, highly-talented engineers, tech workers, and entrepreneurs. Canada’s technology sector is growing exponentially, and with this comes the opportunity for businesses to hire skilled software development companies at prices well below their American counterparts, while still upholding a level of standard that can only be brought from teams in North America. Consider working with ISU Corp, a world-class software development company that participated in the creation of Canada’s Silicon Valley. You can learn more how ISU Corp can add massive value to your business by watching this 2 minute video here.

ISU Corp is an award winning software development company, with over 17 years of experience in multiple industries, providing cost effective custom software development, technology management, and outsourcing. Our unique owner’s mindset reduces development costs and fast-tracks timelines up to 70%. We help craft the specifications of your project based on your company's needs to produce the best ROI. Find out why startups, all the way to fortune 500 companies like General Electric, Heinz, and many others have trusted us with their projects. Talk to us.

Written By Natalie Mansilla

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ISU Corp is an award winning software development company, with over 17 years of experience in multiple industries, providing cost effective custom software development, technology management, and IT outsourcing.

Our unique owners mindset reduces development costs and fast-tracks timelines. We help craft the specifications of your project based on your company's needs, to produce the best ROI. Find out why startups, all the way to fortune 500 companies like General Electric, Heinz, and many others have trusted us with their projects.  Contact us here.