What Is The Cost Of Software Development?

Oct 28
20:08

2020

Syeda Umama

Syeda Umama

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When you buy something, for the most part, you know what it is you’re paying for. In software development, it’s not always that obvious. Maybe somewhere on the web, you can find an average price for a piece of cake, but it’s much harder to find an accurate and realistic estimate for the cost of software development.

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Let’s say that in 2020 your average developer makes from 50 to 125$/hr. It depends on where your dev located or how experienced they are; is it the freelancer you’re working with or the software developing company. If we’re talking about a European company,What Is The Cost Of Software Development? Articles you’ll have costs start somewhere around 50-70$ per hour, but if you need something more accurate and realistic, costs will be starting from 75$ and all the way up to 200$.

The costs of custom software development will depend on how many hours people are working on it. For example:

  • basic software development takes around 500-700 hours
  • medium complexity software - somewhere in the range of 700-1200 hours
  • and if you need complex software, it’ll take more than 1200 hours of development

So now you can imagine what the costs of your software development will be. It’s only roughly speaking because the amount of time that will be spent on your project also depends on what your project is. Mobile apps usually take less time, developing a streaming app will be somehow less expensive than marketplace app; but will take more costs than writing a booking app!

What are the key factors that determine custom software development costs?

1) The platform

If you’re in the process of thinking we have one thing more for you to think about. If you need an app on which platform will it be? Is your app made specifically for iOS or Android, or both? Or maybe it’s a web-application? It is a big deal!

If you have software designed only for Android you can’t magically transform in into iOS software. It’s impossible to change iOS software to Android as well. They’re just too different and for developing each one different development tools are necessary.

If you need both - the costs will magically rise.

2) Who you are working with

If you’re giving all the technical aspects of your project in the hands of a freelancer don’t expect any guarantees. If you’re hiring a full-time developer - be prepared to control them. And, finally, if you choose to work with companies... be ready for an impressive cost! But if you hire an offshore company to do all the work for you - you will be able to save some money and most likely get good results.

3) UI/UX design

If your budget is short and you need everything in its best shape, you’ll have to think sharp. What’s more crucial to your software - minimalism or a lot of functions and feature? If you need something like a booking app or e-commerce, there’s probably no need to put lots of colourful things in it. But if your project is a social network you’ll need something unique just to make the cut. Ask your developer what they can do here, and if you can cut the costs here - do it. If not then not. 

4) Testing

Every single component of your software has to be tested. It’s important and we all know why. Your software will be tested by your developer many times but even after it’s all done you’ll have to make sure and do an acceptance testing. If something is wrong - give it back so all the bugs can be fixed. You don’t want your software to be glitchy or to crash every 5 seconds. Tests are crucial in the development process. That’s one thing you can’t cut you budget on. The testing costs will depend on the complicity of your project but it doesn’t matter how expensive it is - it’s vital.

 

At GoodCore Software, we value our relationships with our clients and trust our ability to work with them in order to create a really cool product together. Thus, our transparent custom software development pricing is real. We will help you:

  • carry out the quality project planning
  • choose the right pricing model
  • enter into a worthwhile contract
  • work with a reliable team.

 

Content credits: www.massmediagroup.pro/blog-mmg/software-development-cost