Cost of Custom Software Development: How to Allocate Your Budget & Measure ROI?

Cost of Custom Software Development: How to Allocate Your Budget & Measure ROI?

Software development is often perceived as costly and complex, often leading decision-makers within companies to express financial reluctance. In this article, we explore the reasons why costs can rise in bespoke software development, taking a pragmatic approach comparing this process to that of construction.

Before examining the reasons why software development can quickly become costly, we first want to address an essential perspective: considering software development not simply as an expense, but as a strategic investment.

With this in mind, we will explore the notion of return on investment (ROI) in the context of software development, highlighting its crucial importance in assessing the long-term benefits of such projects.

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