22nd May 2018, 8:24 pm in Digital Strategy

How Much Does Custom Software Development Cost?

When you’re running a business, you need every kind of technology possible to run it efficiently. This is especially true for companies that are experiencing exponential growth in the market and internally. Is your company ready to have custom software, or do generic applications serve you? At the same time, you need to balance these procurement and operation decisions with financial ones. Generic applications cost less, but may not address all your needs. On the other hand, you can get a developer to design software around your needs. The only downside to this solution is that it’s much more expensive.

Reasons why your business needs custom software solutions

Getting custom software may seem pricey but is worth investing in given its long-term impact on your business operations. Purchasing ready-made generic applications is expensive as its costs increase every time you renew them. On the other hand, ordering a custom software will only require you to purchase once. Scaling it depending on your business’ growth and needs, is more affordable than renewing ready-made applications.

There are other good reasons why having custom software trumps the generic kind. Having custom software helps simplify operations by integrating existing systems, thereby improving your workforce’s performance. Its intuitiveness and responsiveness to employees’ needs also make it appealing. Most importantly, it increases your business’ value and puts you ahead of your competitors.

How much does custom software development cost?

There’s a lot of content online that responds to the question, “how much does web design and development typically cost in Singapore?” But there’s not much information on how much developers charge for creating bespoke software. Here we try to answer your queries about it.

There are three factors that dictate the costs of developing new software. The first is the type of software that you’ll need. Do you need cloud software or a collaborative program for your marketing and communications team? The second is your developer team’s skillsets. Small boutique firms in the US usually charge $30 to $150. That depends on which language they’ll use to write the software. Larger firms charge $300 to $400 an hour. They usually charge for the development of your basic C programming, front and back-end, and application programming interface (API). Developers charge differently for web, desktop, and mobile device software.

The last factor to consider is web design. Costs also vary based on the simplicity or complexity of the design that you’ll be needing for your website. The use of flash and integration with social media pages or payment gateways are just some features that will affect your costs. Bottomline: the costs boil down to the complexity of the custom software you’ll be needing.

Who can design my business’ software?

There are a lot of professional developers in Singapore and Malaysia that you can hire to design your business’ software. One of them is us, Ambient. Ambient is a Singapore web design agency which also holds office in Malaysia. Our expertise includes digital strategy, software , web and mobile app development. Contact us here.