How Much Does It Cost to Develop Custom Software - A Short Guide

Creating custom software development involves really high costs. Starting from validating your idea on the market, through creating documentation, determining the amount of functionality, the platform on which the custom software will take place. There are a lot of minor costs, nuisances, questions and the lack of clear answers.

What kind of custom software do you want to develop or expand?

Today, custom software development is responsive mobile applications, custom web applications, financial dashboards for banks, enterprise solutions for corporations. Creating software that is tailored and personalized makes the word custom a little blurry today.

What functionalities do you want to include?

When you are looking for a suitable team of developers, you also need to define your idea and scope of functionalities. The cost will grow organically. As long as you have EUR 120,000, there is a high probability that this amount will be enough to create a very simple application for iOS and Android.

Is creating your own application or program a luxury?

It takes quite a long time to create a program by a team of developers, project managers, product owners, and automatic testers. Time is money, and in the IT industry you will definitely feel it. As long as you have the technical knowledge, a lot of time, and you are familiar with the business, chances are that you will build the foundations of your software yourself.

How big team of developers do you need?

If you have a company that does not currently employ any programmer, there is a great solution called staff augmentation. This solution means employing remotely working developers on your project without having to look for developers on your own.

Minimum development team: a five-person team consisting of two experienced developers, one tester, UX designer and project manager.

Medium development team: 10 developers, one manual tester, one project manager and two designers.

Large development team: 20 developers with two project managers, three testers, three UX/UI designers and a tech lead.

The cost of creating a new project does not have to be that high

If you are a small startup that is just starting and would be happy to test your custom software on the market with the help of the MVP development created, the cost will be much lower than the ready solution. So look for solutions that are a golden mean of high costs, time resources and availability to developers.