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Factors Impacting Bespoke Software Development Costs
Just like everything else in life, all custom software projects are not equal either. They differ based on not only individual software development companies but also the following high-level characteristics:
If your software projects are scientifically complex, it would add a lot to your software cost. Complexity could be a real-time collaboration between users of the app, video functionality with no lag, process flows with a lot of dependencies etc.
Custom user interfaces are rather complex to implement for the development team, so the cost of a custom interface will be higher than the cost of an interface built from standard components or with no design at all.
If your software projects are scientifically complex, it would add a lot to your software cost. Complexity could be a real-time collaboration between users of the app, video functionality with no lag, process flows with a lot of dependencies etc.
The number of features you want is the biggest cost driver. Screens, buttons, fields involved, and the amount of logic required can cause the custom software cost to change drastically.
There are 4 major components of custom software development pricing, and each one of them carries a different weight in the total cost. Each one is a critical item and important for a successful product development effort. The following is a rough idea of the cost distribution for these major factors based on fixed-cost projects:
Note: The cost distribution provided is based on rough estimates. These software development costs vary based on size, complexity, and engagement model (i.e. the type of pricing model you choose, e.g. hourly rate, dedicated team etc.).
Let's talk! We will provide you with a free consultation and precise estimates for software cost.
Most software development companies follow an iterative process – you don’t have to do it all in one go. Our advice for you is to choose a phased development approach for your custom software.
You can start out with an MVP (Minimum Viable Product) that features all the things that absolutely must be in the application to test the market out. Follow that with Phase 1, which adds more important features based on users’ input. Additional phases can be added as and when needed.
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In order to provide you with an accurate and realistic estimate for your project’s development cost, there are a few things we need from you.
It may seem obvious but the most critical contribution from your side is to effectively communicate your idea to us. Share your research on the idea, and any surrounding knowledge, so we can have a full understanding of what you want.
Since your project’s complexity and scope directly affect its cost, it is good to be clear about what features and functionality you want your software to have. This does not have to be a final list of features, but should help us in a fair cost estimation.
Drawing up a few blueprints of what you want your app to look like helps us understand your requirements. However, we understand you might not have the technical expertise for wireframing, which is where our design team comes in!
If you aim to develop software that competes with some other existing products, send us some references so we understand what exactly it is that you are looking for and how we can make your product stand out.
Let us know if you have some specific technical requirements – such as your preference for a particular development platform or technology stack – you want us to follow for your software development project.
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