Bespoke Software Development Costs

Money matters! Spend it wisely! We help build bespoke software products on budget and on time, all in a cost-effective manner.

ALL SOFTWARE PROJECTS ARE NOT EQUAL

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:

Case

Technical Complexity

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.

Platform

Platform
Choice

Complex

Complex Business
Logic

Technology

Technology
Stack

User Base

Size of
User Base

custom

Custom Design

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.

Personalization

Advanced
Personalization

Prototypes

High-Fidelity
Prototypes

Technology

Avant-Garde
Layouts

User Base

Micro-
Animations

Third-party Integrations

Third-party Integrations

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.

Comprehensive

Comprehensive
Customization

Migration

Data
Migration

Technology

Secure Payment
Integration

User Base

Geolocation
Integration

custom

Features & Functionalities

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.

Screens

Number of
Screens

Updates

Real-Time
Updates

Notifications

Push
Notifications

Compliance

Security
Compliance

INDICATIVE PRICING FOR DIFFERENT SOFTWARE SYSTEMS

The actual cost for custom software depends on many factors and can only be scoped after a detailed discovery exercise with you. Take a look at some indicative pricing for different types of software systems based on their scope, complexity, team size, and time duration. On average, the cost of custom software, based on these factors, could fall in the following three ranges.

Here are some recent small projects we delivered for our clients.

Conversion of Excel-Based to Web-Based System

Transformation of an Excel-based database into an online web application with powerful search tools, simple workflow, and multiple user roles.

  • Price Range: £25,000-£40,000
  • Time Duration: 2-3 months
  • Team: 3-5 members

Delivery and Logistics Software

A customised web-based portal and mobile app to manage product deliveries, with specialised functionalities such as search options, real-time tracking, e-signature, and push notifications.

  • Price Range: £35,000-£50,000
  • Time Duration: 3-4 months
  • Team: 3-4 members

Sales Agent Mobile App

A mobile app with a web-based admin portal which facilitates sales agents in pitching products to their customers and keeping track of their sales, with product presentations and a comprehensive set of reporting and analytics tools.

  • Price Range: £30,000-£45,000
  • Time Duration: 3-4 months
  • Team: 3-4 members

Mobile App for Car Dealership

A mobile app to streamline the rental process for car dealerships, with bespoke features such as easy search, photo and navigation integrations, push notifications, and reporting tools.

  • Price Range: £25,000-£35,000
  • Time Duration: 4-5 months
  • Team: 2-3 members

Here are some recent medium-sized projects we delivered for our clients.

B2B and B2C Marketplace Platform

A web-based portal that serves as an online cross-sector marketplace with tools for vendors and customers, secure payment channels, powerful search capabilities, inventory management, reputation management, and reporting/analytics dashboards.

  • Price Range: £50,000-£60,000
  • Time Duration: 4-5 months
  • Team: 4-5 members

Custom ERP for Enterprise Logistics

A custom software system to facilitate and manage all aspects of employees’ relocation process, with task management tools, document management, complex information workflows, and robust search capabilities.

  • Price Range: £80,000-£90,000
  • Time Duration: 5-6 months
  • Team: 4-5 members

Interactive Corporate Training Software

A multilingual digital web app for corporate training, to promote teamwork and collaboration amongst staff members, with powerful reporting tools.

  • Price Range: £60,000-£70,000
  • Time Duration: 4-5 months
  • Team: 4-5 members

Web-Based Loan Management System

A secure, custom-designed loan management system to facilitate the loan procurement and disbursement process with dedicated functionalities for user registration, submission of application, application review, and loan approval.

  • Price Range: £70,000-£90,000
  • Time Duration: 5-7 months
  • Team: 5-6 members

Here are some recent large-scale projects we delivered for our clients.

Sports Booking Software

A web-based system with a user-friendly interface to manage and streamline bookings and reservations, with features such as availability tracking, payments, complex workflows, price controls, multiple user roles, and reporting.

  • Price Range: £100,000-£120,000
  • Time Duration: 6-8 months
  • Team: 5-7 members

Trade Show App for iOS and Android

A large-scale mobile app for trade show participants, with event planning and collaboration tools, in-app messaging, third-party integrations, interactive maps, beacon technology, guest speaker management, and meeting scheduling.

  • Price Range: £200,000-£250,000
  • Time Duration: 8-10 months
  • Team: 5-7 members

Network Management Portal

A web-based platform to automate the domain name registration process with powerful tools such as domain name management, billing, registration, dispute resolution, and much more.

  • Price Range: £150,000-£175,000
  • Time Duration: 7-8 months
  • Team: 5-7 members

SaaS Platform

A multi-tenant software platform with powerful tools for customers, administrators, and platform owners to allow flexible subscription management, with sophisticated workflows, powerful analytics, and considerations for security, scalability, and performance.

  • Price Range: £100,000-£250,000
  • Time Duration: 8-12 months
  • Team: 5-8 members

Components of Software Development Costs

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:

SOFTWARE DEVELOPMENT COSTS

Note: The cost distribution provided above 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.).

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Advice: Phased Approach

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.

Prioritise

2

Budget

4

Rethink

1

Adjust

3

Incorporate
Feedback

5

Rethink

1

Prioritise

2

Adjust

3

Budget

4

Incorporate
Feedback

5
  • Prioritise the features for your product. Allocate the most time, attention, and budget to things that matter most.
  • A phased approach makes budgets easier to cope with and gives you a chance to discuss with your software developer and rethink your plans based on different factors.
  • Once your users start using the software, priorities will change. A phased approach lets you adjust the features that need to be added next.
  • Your product idea might alter or completely change based on what you are learning from user behaviour and response. A phased approach will help you efficiently manage your custom software product.

What We Need for A Realistic Cost
Estimation

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.

Product

Product Idea

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.

Feature

Feature List

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.

Wireframes

Wireframes

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!

References

References of Competitors

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.

Specification

Technical Specifications

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.

Frequently Asked Questions

The costs of software development vary from project to project based on various factors, such as the scope, requirements, and technical complexity. We will determine the cost of your project after a thorough discussion with you to understand your requirements and assess the scope of your project.
The final cost of software development comprises four major components: Development, Project Management, Quality Assurance, and UI/UX Design.
There are four options which you can choose from:
  1. Fixed-price fixed-scope model: If you have well-defined requirements and a pre-decided timeline for your project in mind, a fixed-cost model would work best for you.
  2. Dedicated team model: If you feel that (a) your project requirements may change over time or (b) you will need to hire specialists for multiple projects over time but you don’t have the budget for it, you can choose to have our dedicated team of experts assigned to you.
  3. Time-and-materials model: If you are unable to decide on a fixed scope, timeframe, or cost for your project, you can go for this model so that your project can be divided into smaller phases over time incurring varying costs.
  4. Hybrid model: This model works best in situations where there are frequent fluctuations in the project workload or requirements set.
For a more detailed comparison of these models, you can visit our Engagement Options page.
Since the first step of a project estimation exercise is to fully understand the project’s requirements, we always urge our clients to provide us with as much information as possible that helps describe the project, such as the set of functional and non-functional requirements, business logic, competitive landscape, personas of end-users, wireframes etc.
We understand that you might not have all the answers when you reach out to us in the early stages, but any material that helps describe the project is welcome.
Payments are based on certain milestones. There is generally an upfront payment that is required to initiate the project followed by further payments at different stages of the product development cycle. You can expect a total of 4-5 payment milestones.
An important step to get started with your project is communicating your requirements to us. After you contact us, we conduct an initial discussion to understand your requirements to quickly determine the indicative project scope and costs and identify any significant project risks.
Most clients who approach us expect us to start from scratch, i.e. at the discovery stage where we note the requirements of the clients. Then comes the rest of the software development process, including software design and architecture. However, if you already have a design in mind in the form of blueprints or wireframes, that’s great, you already have a head start! We can go through them together and discuss how to build your product further upon them.

Get in touch with us

Things
we do next

  • Our team contacts you within one business day
  • We engage an initial discussion to understand your requirements
  • Our team of analysts and developers assess the scope and propose a way forward with mutual consultation
  • All information exchange is protected via a mutual NDA
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