It’s becoming common now that enterprise-level companies often want to outsource development, rather than keeping it in-house. They want to enjoy the proficiencies that outsourcing can provide while allowing their internal teams to focus on other work.
Why outsource development?
Most companies who outsource, do so because in some manner it is more efficient than developing in-house. Perhaps you don’t have the expertise – many enterprises IT teams are finding that, while they have highly technically-proficient staff, they may not have particular app development skills.
Another common reason is that you just don’t have the bandwidth to take on any additional work. Thus, developing a mobile app is a task and you don’t want to spend the time hiring and training someone for it when the role is likely to be temporary. There are a number of good reasons why you might outsource, including some of the other benefits you might receive.
How Much Does It Cost To Outsource App Development?
Based on location, the cost to outsource a mobile app development may also vary. If you take perplexity and range into account primarily, here you are:
- The cost to outsource app for a single app range from $10,000 to $200,000
- Standard content apps for small businesses – $10,000 to $20,000
- Startup apps – simple- $20,000 to $50,000
- Startup apps – complex- $50,000 to $200,000
Have a look at the following common types of apps and the average cost of app development:
- Messaging app like WhatsApp – $50,000 – $130,000
- Dating app like Tinder – $80,000 – $200,000
- City guide app like TripAdvisor – $25,000 – $50,000
- Social networking app – Over $25,000
- Banking/payment app – $40,000 – $70,000
- Taxi booking app like Uber – $25,000 – $100,000.
How to reduce the cost of Outsource App Development
Hiring a Dedicated Development Team
Hiring dedicated development teams and outsourcing the project to them remains a favorite cost-saving strategy of both large- and medium-scale enterprises. The obvious benefits it brings include, end-to-end rendering of services, time-saving, and access to large talent pools.
Developing native app versions for Android, iOS, and Windows can be expensive. To control the project cost to a fixed limit and reduce man-hours, one can go for cross-platform app development instead.
Quality assurance and the following bug fixing towards the project closure can make things difficult for everyone, including stakeholders and customers. Mobile testing can steer a mobile app development away from such inflated costs through improvements at all stages of the release.
Agile project management
The agile approach in app development brings several benefits like rapid development, budget control, and project specification compliance among many others.
Under Agile methodology, a relatively large app development project is fragmented into smaller development cycles that consist of tasks, sub-tasks, and modules. Such smaller pieces of work are easier to manage.
Developers and testers cooperate on all stages and frequently inform stakeholders about the progress made, which positively affects the quality of product release as well as speeds up delivery.
What are the benefits of outsourcing app development?
• Saving money.
The average cost of building an app today ranges from $150,000 to $450,000, outsourcing app development can reduce this cost to a range of $10,000-$80,000 based on varying hourly rates. Because they don’t need to hire full-time developers and the amount of money paid to the outsourcing firm is usually less than the monthly payment to staff.
• Outsourcing saves time.
The market usually requires a fast change for the process of mobile application development. When outsourcing such an app development, a client does not waste time and money on hiring, training and retaining employee
• Risk Reduction.
After the signing of the contract, all development risks are transferred to the outsourcing company. Typically, an outsourcing company assurances delivery on time and on budget. But if something goes wrong, the client can dismiss the contract at any time with a money-back guarantee.
Now you see that ways to reduce the cost of mobile app development are not that hard, though demand focus and clear vision. With plain things like MVP, ready-made solutions, technical requirements, and supervision you should be able to save time and money when building your mobile app.