Cut Down Cost on Custom Web App Development, Here’s How!
“66% of Enterprise Software Projects Have Cost Overruns of around $66 billion” -McKinsey
Yes, developing a custom web application can indeed give you a competitive edge in the market. It is an extremely essential strategy to not just keep you visible in the market but also to showcase the uniqueness of your company’s skills and ability. But will you not agree with the fact that just any website can never be enough to turn heads and attract the kind of attention that you have in mind? At Biz4Group we firmly believe that when we are talking custom web app development, we are talking about building platforms that are the classic amalgamation of the best in terms of technology as well as innovations. However, before you proceed with the development process, as a company it is vital that you know that customized solutions are not child’s play and do not come easy on the company's account.
It is essential to understand that when we are talking about terms like personalization and customizations, we are talking about tailor-made solutions that are being built specifically for you from scratch. Neither are we using any existing templates, nor a structure that already exists. But these extra efforts don’t just mean extra uniqueness and appeal but also extra efforts from the team which are sure to result in extra costs.
If you are looking for the right means through which you can significantly cut down on the costs and not the quality of customized app development, then you are on the right page. By Paying attention to planning adequacies, establishing effective communication, and maintaining a check on technical competencies or unattainable requirements you can maintain a wise check on the overall development costs.
The cost of custom software development services can be influenced by any of the following factors:
Website development is a challenging process, the price of which is sure to fluctuate as per your needs and requirements. Some of the best ways to reduce Web App Development costs are:
1. Efficient Planning
The first step in any app development cycle is to create a precise product requirement document (PRD). This document should be focused on listing your app features, the projected tech stack, timelines, product objectives, app platforms, UI/ UX components, and budget estimates. This document needs to be presented to the development team as well as the client to eliminate the gap in understanding between the development team and the product owner to reduce the risk of the product having to be rebuilt multiple times.
2. Outsource Developers
Opting for outsourcing development team members or custom software development services on an hourly basis is always a good idea. This will not only reduce costs but also move your project timelines at a faster pace. Ensure that you select a company with a good experience, client base, and reputation. Go ahead and discuss your project requirements with them and hire developers from their company to start working on your project, usually right away. This also saves the overhead expenses related to employee management, infrastructure, and operational costs.
3. Functionality Check
While developing a custom web app, you need to keep in mind that every custom feature will have a cost associated with it. Filter out the unnecessary features and focus back on the product requirement document that was agreed on. Adding another feature to the already decided set of custom developments will have a cost associated on both ends.
4. Development Approach
The agile methodology is a great way to keep your capital in check. Since it is an iterative and collaborative development method, the app being developed will be demoed for client review once an iterative cycle is completed. This helps the stakeholders to evaluate the software on a timely basis, ensuring that only the right and decided functionalities are being built into the application.
5. Finalize the Technological Stack
The technological stack comprises a set of programming languages, frameworks, and tech tools that will be used by the developers/ programmers during the project development life cycle. The tech stack chosen will have a major role to play in the average cost of app development, since it determines the development workflow, the style of development, the complexity of app maintenance, levels of risks, and much more. Choose a tech stack that consists of front-end and back-end components to optimize the development process and save team resources.
6. Develop a Minimum Viable Product
An MVP (Minimum Viable Product), is an initial prototype of the product with only the essential features. This gives the client a clear picture of how the app will function. Based on the MVP, the client and development team can decide what features to keep, add or eliminate. Developing an MVP before you build on the full-fledged product ensures that you will not spend all your capital on developing a full-size product with unnecessary features or major components missed out that should have been incorporated instead.
It will not be wrong to say that if you have clarity in your mind, precision in your thoughts, and the right team by your side, then you can easily lay the foundation for an excellent app within the budget that you have in mind. At Biz4Group we provide our clients with detailed research, accurate app requirement recognition, team formation, and progress tracking that helps them to develop a quality product within the set budget. Looking for a trusted technology to develop a custom web app? Biz4Group is a leading custom web application development company with over 70 successful projects to its name. Our expert team of developers ensures delivery of a functionally adept app within 5-6 weeks of project initiation. Visit our website to know more.