What is custom development?
Custom development of a software application is different from commercial shell software (COTS). It is a process of customizing existing software or creating new software according to the requirements of a customer or an organization. It can be developed by the in-house developer or sometimes you need to hire an external developer which costs more.
How much does custom development cost?
A company’s custom development cost is the cost incurred to develop, research, and introduce new custom software or application. The cost consists of research and development of custom software that includes marketing analysis, a customer survey and the hiring of a developer.
Why is the cost of custom development calculated?
Software development is a very critical phase for an organization. Similarly, customizing existing software or creating new custom software turns out to be more expensive for organizations than they think. If you choose a reliable and highly qualified IT company for your project, they will suggest some options on how to optimize expenses.
When a client or organization wants to develop software, they first want an estimate of how much it will cost. If the estimate is incorrect, all processes and the budget will be affected. There are several factors that you need to consider when estimating the cost of custom development software.
Factors Affecting the Cost of Custom Development
project size
To estimate the cost of custom development software, you must take into account the size of the project for which the software is being developed. If the project is small and has fewer requirements, the budget to develop software would be low.
Integration between applications
If the client requires to integrate the application between the website and the mobile, the budget would also increase.
Data migration
Developers are hesitant to build the kind of custom software that needs to migrate to another platform, as it consists of long lists of data scripts to migrate. It is a very laborious and difficult task.
Creative design
If the client wants a more creative application, the cost will probably increase. Developers would need to create a unique layout consisting of font sizes, images, color granules, including anything that sets the app apart from others.
How is the cost of custom development calculated?
The total cost of custom software development = front-end developer cost + back-end developer cost + QA cost + PM cost.
The cost of custom development can be calculated in several ways.
Fixed price
This form of custom development cost allows customers to jointly price with software developers. The client has to discuss all his requirements before the start of the work because once the deal has been made it cannot be changed otherwise the client has to pay more for the additional work.
Time and Materials
This type of custom development cost method needs daily commitment from the customer. In other words, developers require hourly or daily charges. During the development of the software, the client thinks that he needs some changes in his work that he can make at no additional cost.
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Source: vtt.edu.vn