5 Criteria for Calculating the Cost of Software Development

Software Development

Software Development

Companies that dare to develop software solutions usually have many questions. They may relate to the term, format of cooperation, and qualifications of specialists. Special attention is also paid to the cost of the project and the involvement of experts. In each case, it is calculated individually, as each business has its requirements and needs. Since most businesses now prefer to turn to an outsourcing software development company instead of hiring their staff, we propose to find out what factors affect the cost in this case.

Infrastructure Format

Modern software solutions can be built based on one of two available models: cloud or local. The first option involves the use of providers’ resources for a separate fee. It is economically more profitable, but sometimes local infrastructure is needed. It differs in that it is located directly in the company.

Software Product Creation Technology

This criterion is sometimes added to the software development calculator installed on the service provider’s website. It is one of the most important factors affecting the final cost. When studying this aspect, it is important to understand that the fees for the services of a Unity expert can be lower than the similar costs for the services of iOS or other platform developers.

Scope of Necessary Works

This criterion covers several factors at once. These are the following features:

  • Type of Software
  • Difficulty level
  • The scale of the project

These data are necessary to determine how much effort and time experts need to spend on the implementation of the task.

The Need for Service Improvement and Scaling

In the process of determining the cost, the developers are also interested in whether the customer plans to expand the functions of the system in the future. The type of technologies used depends on the received answer. This automatically affects the price of the project.

Security Systems

Developers pay special attention to technologies that allow for establishing data protection. This is due to the increase in the number of hacker attacks and the creation of new fraudulent schemes. The tools that help protect the program from these effects are different and come at a cost. This factor should also be taken into account during the financial evaluation.

Conclusions

The price of software development is one of the important aspects that almost every customer is interested in. However, when addressing such a question to specialists, it is important to understand that it is determined exclusively on an individual basis. The type of scope of work, infrastructure model, and other factors are important.