Factors Impacting Bespoke Software Development Costs
Just like everything else in life, all apps are not equal either. They differ based on the following high-level characteristics:
If your app is scientifically complex, it would add a lot to your costs. 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 software development prices to change drastically.
Integration with third-party software systems such as payment gateways, maps, ERPs, or CRMs affect software development costs. Some of these integrations are straightforward but others can get complex and time-consuming
Custom user interfaces are rather complex to implement, 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.
There are 4 majors cost components of any software development project, and each one of them carries a different weight in the total costs. 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 above is based on rough estimates. These software development costs vary based on size, complexity, and engagement model.
On average, the cost of a bespoke software development project, based on its size and complexity, could fall in the range of:
The actual software development cost, as you can imagine, would depend on many factors and can only be scoped after a detailed discovery exercise with you. Also, small/medium/large are very relative terms and could mean different things to different people; the estimates mentioned above are meant to give you an idea, based on our experience of delivering numerous projects over the last 15 years.
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