How to Estimate the Cost of Custom Software Development


Owning your own software product is always desirable for most businesses. The digital transformation push has been in full swing since early last year – when the first pandemic hit the globe. Up to now, there have been a number of countries that have successfully applied the 'passport vaccine' campaign, but this option may not be feasible on a large scale in all continents. Therefore, businesses are more and more impatient to find solutions consulting companies and provide IT services to get themselves a piece of exact advice on what to do to get full custom software development

However, if you are still unfamiliar with this kind, you will surely be worried when you have doubts about how to calculate the price, and the costs incurred... during the project taking place. If you still have many concerns and questions in your mind about how to estimate the cost of custom software development; then, this article is for you. Read on to see the important points to keep in mind before starting your project!


Custom software development is essentially honed software, going through many processes such as design, building, deployment, maintenance, and broader scale in the future. Often, this software will be created based on the requirements of a certain company or individual in need. It tries to achieve a small set of criteria, in opposition to commercial off-the-shelf software (COTS). But while the techniques may be identical, bespoke software development frequently makes a special effort to customize, update or maintain applications.

Top Advantages

Meet your exact needs

The main motivation for investing in custom app development is probably to produce a solution that meets your specific demands. The choice of a software solution is not rare for organizations only to find that it is unfit for them.

Every company is unique and when it comes to building software development, it is difficult to find a one-sized solution. Not only does it provide freedom to develop to work with tailor-made items, but it also implies that the success of your company will be important to you.

Great scalability

Buying a stand-alone software solution becomes an issue if it does not support your company or is too costly to license, due to the growth speed of your business day by day. During the initial phase of the business cycle, off-the-shelf products may best serve small firms. If businesses are still not stable, the focus is on making the business viable.

It's an intelligent option to develop a system that can grow and expand your company processes. You do not want mere software to restrict your expansion ability. It will be worth it if you can afford the investment.

Facility costs reduced

Current hardware capacity and other relevant facilities are taken into account. Using customized software saves money - time and avoids further expenditures. It is designed so that you do not have to adjust to what is present in your firm. In order to make the implementation of the program as efficient as possible, the development and integration of bespoke software should examine every element of your company.

Elements Influencing Custom Software Development Cost

Determining the cost is considered a fairly broad category, related to many different factors such as the geographical location & reputation of the solution firm, the level of expertise of the developers, the nature of the project/ product, other requirements you give… However, we can still determine what factors influence costs through the following ideas:

Project deadline

The progress of the software in development must match with the intended schedule for the timely marketing of the product for users. According to the application's urgent requirements, the costs might differ for businesses, however, as you are building an app that consumers desire.

Project difficulty

The difficulty of the project is another important aspect that plays an important influence on pricing. The most important component is the rationale or technique underlying the application development. Immediately, the app development team or the outsourcing team may charge more based on the intricacy of the project they are seeking to build the software if the application needs to be adjusted, or if some odd procedures are required. So there's an understandable thing we can imagine, if the company fails to produce creative and distinctive items, the cost might arise in such circumstances.

Different development platforms

During the technology development process, the obstacles that occur during development - called difficulties – may bring along problems that cause service prices to fluctuate. The technique or approach utilized might be antique or technological characteristics that could function better rather than others.

Software and user functionality

The more features or functions the program has to inspire, the more software the software costs. Depending on the number of modules, device compatibility, and displays, the development costs might grow with new capabilities and a bigger user base. Adding additional features will increase the cost of your project. More developers will need extra functionality from the service provider.

Geographical factor

It may appear ridiculous, but geographical factors are one of the elements that affect the cost of bespoke software development if you want to be as precise as possible. The 'pioneer' nations in the IT sector, such as the United States, will have relatively expensive service costs, but other rising 'tech-hub' countries, such as India, Ukraine, Australia, and Singapore, would have more affordable pricing. A major business will always know what it requires and whom to contact in order to obtain the best software product. But what if you're a tiny business just getting started? Then Vietnam or other Asian nations are the greatest options for you.

For Detailed Consultation? Saigon Technology Would Like to Advice

All elements of the price level are considered based on potential and many factors have been studied before. Saigon Technology also has many outstanding articles demonstrating these things in advance. If you are still wondering about your own cherished idea and project, then why not reach out to Saigon Technology for free detailed consultation?

With nearly 10 years of foundation and growth in the area of information technology, Saigon Technology has been a leader on the rosters of the 15 most prominent software outsourcing companies in Asia, in particular in Vietnam. To obtain your project's free quotation and consultant? Just leave here your brief info. Soon, we will contact you.

This is exactly what we want to convey to you. Saigon Technology is the home for more than 400 outstanding programmers in many successive years in Vietnam with a broad range of programming languages such as Ruby on Rails, JavaPHP, Python, C/ C++, JavaScript, C#, ASP.NET, Angular.JS, NodeJS, .NETReactJS...

Content Manager

Thanh (Bruce) Pham CEO of Saigon Technology

A Member of Forbes Technology Council

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