How to calculate the cost of developing custom SaaS-based applications?
It’s no secret that cloud computing has revolutionized the way businesses work these days. Essentially, any business today can lease computing power alongside software solutions and platforms. Everything you need can be delivered via the cloud (internet).
The most popular example is SaaS (Software as a Service). SaaS allows any business to choose any existing software solution or create a custom solution tailored to their specific needs. Going for an existing solution means you can use the software anytime and on any device as long as you pay for a subscription.
SaaS companies can create custom applications for their customers that will be used internally or resold to the customer’s customers. The point, in fact, is that you create just about anything you need these days.
However, companies that opt for such solutions often wonder how much does it cost to build an app for your business? Let’s see, okay?
What is a SaaS application?
Before we delve deeper into the costs, let’s take a look at what a SaaS application is and why SaaS is so popular right now.
Simply put, a SaaS app is an out-of-the-box app that you can use anytime, on any device, and from anywhere in the world.
These apps are usually browser-based, so there is no need to download or install the software. Everything is configured and ready to use.
End users pay a monthly or annual subscription to use the software. Companies that decide to develop applications based on the cloud model do so to provide more convenience to their customers or to themselves, depending on who will be using the application. The cost of developing the SaaS application is generally between $ 15 and $ 100,000.
The scope of the project
The most important factor in determining the cost of building an app is the scope of the project. For example, the costs of building a simple tool that will solve a problem or two differ greatly from developing a platform with a wide variety of features.
In other words, how much does an app cost depends on what you want to create? This ultimately determines the cost of the SaaS application. The larger the project, the more resources it will require. This rule applies to any project, not just SaaS applications. This is why it is essential to determine your needs before establishing a budget for the project.
Choose the right design
Every app needs a good design. Otherwise, no one will use it. If the design is right, more people will enjoy using your app. However, this means additional SaaS development costs, as app design is a separate issue. As you may already know, the more complex the design, the harder it is to bring it to life, and therefore the cost of building an app is higher.
You can certainly find a Miami web design company which can meet both the design and development needs of your application. Still, you have to keep in mind that designing apps with great visuals will cost more to develop, so make sure your budget is able to support a truly impressive app design, to begin with.
Freelancers vs Companies
Another factor that impacts the cost of developing custom apps is who you outsource the development to. Some companies choose to outsource this task to freelancers, while others opt for development companies. So what’s the difference? Freelancers are generally cheaper and less burdensome.
On the other hand, mobile application development companies offer a variety of services for a fixed but slightly higher price. So, freelancers are a more economical option, but development companies offer more features, such as technical support, updates, patches, fixes, etc. Basically it depends on what you can afford and how much leeway you have. Your budget.
The added features add to the cost of creating the application. Any functionality outside of your app’s original intent will cost more to implement. Each feature you want to add increases the overall costs. One or two more features may not affect the price as much, but if you add more features it will lengthen the development process and hence increase the costs.
For example, a simple planning app with a calendar function might not be expensive. However, if you want this app to be available on multiple platforms and devices, that’s a whole different story. The more complex the application, the more expensive it will be to develop it because it has to be done correctly and this takes into account both time and resources.
Hope this article answered your question perfectly: How much does it cost to build an app for your business? Developing a SaaS application is a complex process that requires a lot of time, effort and dedication. It is only natural that the development of such applications should be an expensive undertaking. However, the price will vary widely depending on your choices and needs.
It’s time to start working. You’re way ahead of you – and it’s probably a little intimidating. If you have a great app idea, we’ve handpicked some of the best app development companies in the world to help you get started with developing custom apps for your SaaS-based business.
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