What is a point solution?

A point solution is a specific software application or tool designed to address a particular challenge or issue within an organization. Unlike a comprehensive suite of software, which may contain a wide range of features and capabilities, a point solution is focused on solving a single problem or delivering a specific functionality.

Point solutions are often used to supplement existing software systems or to provide a targeted solution for a specific department or business function. They are typically easier to implement and less expensive than comprehensive software solutions, making them an attractive option for organizations with limited resources or specific needs.

Some common examples of point solutions include customer relationship management (CRM) software, project management tools, and data analytics platforms. These solutions can help improve efficiency, streamline processes, and provide valuable insights to help organizations make better decisions.