Choosing the right software house for you can be a priceless decision!
It’s not only about cost but also the value-for-your-money that you will receive.
You know that by choosing the cheapest offer, you will be risking to wasting your money either by:
- ending up paying more at the end of your project or
- starting your project all over again and entrusting it to a software house where developers value what they do and are skilled enough to provide you with the best value for your money.
That’s why there are some points to consider while processing your decision.
6 things to look for before you choose the right software house:
1. Cost effectiveness:
Firstly – choose a software house that offers reasonable rates and provides good value for your money.
However – beware that cheap service (or product) doesn’t go along with high quality.
The long-term effects and consequences could keep haunting you for a good while and fixing the mistakes might cost you an arm.
In a worst case scenario, you might end up re-writing your code all over again and re-incurring all the costs involved.
2. Experience and process availability – Transparency:
One risk of teaming up with a cheap development house is their lack of experience.
One of the problems arising from shopping for the cheapest price is that the developers might lack the experience of managing outsourced project, be it on-shoring or off-shoring.
The adequate experience and skills set that a team has in place ensures a flowing and transparent communication during the whole process where the team you hire will understand your needs and as well as those of your end-users.
An experienced team will also have an established process which will guarantee transparency and clarity.
This will ensure you have the best value for your dollar.
Especially for MVPs and one-time jobs, time is an important factor to consider.
4. Ownership of your code:
Many software houses that offer software development at low rates don’t let you become the owner of the source code.
The best deal you could get is a bundled-code or a license to your product.
That means: even if you paid for the entire development process; you will not own your code. Think about the long-term consequences.
If you already know which technology you are looking for, you will have easier time comparing the technology stack of a company.
6. Value addition:
An experienced team of software developers will have its added value to offer to you while discussing your idea with them.
They will have enough experience to suggest to you what works best and what doesn’t work with the end-user always in mind while creating and developing your solution.
A team from a good software house will always have a good-to-perfect level of English.
You will enjoy a smooth communication along the project, which will ensure, in turn, that your needs are clearly understood by your team and you requirements are fully met or even better, upgraded.
The end result will be a final product that brings your idea to life.
In the best possible way at the best value for your money.
So, now after you chose your software developers, you wonder which type of contracts work best for you?
While there are more than two contract types to consider before hiring a software house, the most popular contract types remain: Time & Materials (T&M) and Fixed-Price (FP) models.
Historically, the Fixed Price contract was the one to go for when outsourcing a software developer.
But today, in this technologically fast-paced world we live in, the Time & Materials contract became the most popular model for the amount of flexibility it provides to both the customer and the developer.
Picking the most suitable and cost-effective pricing model is a common and confusing problem when outsourcing to a software house.
The right model for you has to match your company operating process and procedures, your business goals, your business requirements and the general expenses that will be borne by the developers to end up with a final product that fits your expectations and business goal.
You will be surprised at how software houses and developers are all after Time & Materials contract (the hourly-rate contract).
And that’s for a good cause:
Software development is a creative-type of work.
If you want a creative to give you the best product of his/her creation, he/she has to feel the freedom of creating without constraints.
The word “Fixed” implies a lot of constraints to any creative person.
It’s still possible to find many software houses and developers offering Fixed-Price projects but these same houses and developers will prefer the Time & Materials models because they want to feel at ease while creating and developing the software you desire to the best of their capabilities and creativity. And as well to be able to use all the materials required for the delivery of the best and most beneficial product for you and your customers.
So, while the final decision remains yours, don’t be scared if your developing team seems fixated with the Time & Materials.
Don’t feel intimidated to discuss your options with them either.
That’s how, you both reach a mutual agreement suitable for both parties.
Would you like to tell us about your idea and get an estimate?
We would love to hear from you.