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. Money matters! Spend it wisely! We help build bespoke software products on budget and on time, all in a cost-effective manner.
Factors Impacting Bespoke Software Development Costs
All Software Projects Are Not Equal.
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:
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.
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.
Third-Party Integration
Integration with third-party software systems such as payment gateways, maps, ERPs, or CRMs affects software development costs. Some of these integrations are straightforward but others can get complex and time-consuming for the software developer.
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.
Factors Impacting Bespoke Software Development Costs
Indicative Pricing For Different
Software Systems
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:
SMALL PROJECT
-
£50,000
MEDIUM PROJECT
£250,000
-
£100,000
LARGE PROJECT
£100,000+
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:
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.
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.
Prioritise the features for your product. Allocate the most time, attention, and budget to things that matter most.
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 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 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
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!
Reference 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.
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.