The software development industry is rapidly expanding thanks to constant innovation, technological advancements, and business prospects. Owing to the immense global demand for skilled ICT services, many developers are joining together to form development companies and are investing in software-based assets. Keeping up with the times, Bangladesh is not far behind in the race and is making heavy investments in the ICT sector in terms of skilled resources and technology, largely due to the rising demand both locally and overseas, for its ICT products and services.
Why is it important to invest in good software development for business?
Businesses are constantly looking for newer, more innovative ways to conduct operations and stay ahead of the rest. Since the advent of software development, businesses have become increasingly reliant on automation to manage and tackle day-to-day operations. Technology has significantly improved business efficiency and greatly reduced costs over the years, resulting in significantly higher returns. It is now crucial for businesses to automate their functions using software in order to keep up with their competitors. Professional developers can curate high-quality software for your organization in a very short amount of time. They often have access to professional and premium trending tools which enable complex software programming capabilities, and they can provide excellent after-sales and maintenance services to keep things running smoothly while you focus on planning and executing the important strategies for your business.
Why is it important to select a good developer?
Software development is a big commitment and requires a lot of time and energy to build. Depending on the complexity of the project, you will require a team with a diverse set of technical skills to get the job done. Many developers spend years perfecting their craft so they can provide you with a superior and seamless product devoid of major performance issues. This makes software development quite expensive, so it is wise to do your research before investing your valuable time and resources into it. No one wants to spend a large sum of money and end up with a subpar product, right?
There are a few ways to find the best software developer for your project, and we have compiled a step-by-step guide to help you out!
How to choose a software development company in Bangladesh?
Bangladesh is well on its way to digitalization, thanks to the backing from the ICT division of the government. Heavy investments in the IT sector are highly encouraged, and the incentives are very motivating and lucrative, which is why so many developers are coming up. So how do you pick the best amidst a sea of development companies?
Moreover, knowing the key differences between IT companies and software companies are essential when choosing a firm for your services, as they may be part of the same industry, but they play different roles.
There are many resources online that can help point you in the right direction, but it is best to know what you’re looking for before you start shortlisting. Below we have listed 7 steps to serve as a guide to choosing the right software development company.
1. Determine Your Targets
First and foremost you need to map out exactly what you plan to achieve from a project. Start with an initial outline of the project outcome, then determine your budget and the time you can allocate for it. Decide what your goals and objectives are for the project, and determine how this project can benefit its users. Jotting everything down will help you stay consistent with your decision-making process. You can research the average costs of software development to get an idea of what your budget needs to look like.
- Budget: Your budget plays a pivotal role in your project. Quality software development is quite expensive, so your budget needs to be reasonable enough to cover the bare minimum. However, if you want a good quality product, you will need to bump up your budget to match.
- Requirements: It is always a good idea to map out an initial goal for the project. Determine what you are looking for. Is it a website, an app, an eCommerce platform, or something else? How do you want it to look? What goal do you want to achieve with this project, i.e. showcase your products, inform your audience about something specific or make a one-stop solution to meet all your client needs?
- Time Frame: How urgently do you need this project done? A software development project takes a minimum of 4-6 months, depending on the complexity of the project, so make sure you account for sufficient time in your plans. Rushing a project will significantly lower the quality of the project, so make sure you allot a reasonable time frame.
You should shortlist software development companies based on your goal and the kind of project you want to complete. Each company has a different set of specialties – some are experts in website development, some exclusively make mobile apps, some has the expertise to work with trending software development tools, and there are others who specialize in all of the above. Who you end up picking should depend on the type of technology you will require. If you simply want a one-off development, like a website or app for example, then you can easily pick from any of the available developers who offer the service. On the other hand, if you have long-term plans of expansion, like building a website now, then planning an app for the next year, it’s better to choose a development company that can give you a well-rounded service.
3. Check for Reviews
Reviews offer a great way to get an idea of how the company is, based on the first-hand experience of past clients. Check authentic sites like Clutch to get useful reviews about the company in question.
Here is a nice review from one of our most recent clients:
4. Browse Their Portfolio
Going through a company’s portfolio can be very insightful. You get to learn about all the projects they have completed so far. This will give you an idea of whether or not they have completed similar projects in the past that match your needs, and the process will help you gain confidence as to whether the company is capable of handling your project well. Most software development companies will have a separate section for past projects which can be labeled as:
- Case Studies
5. Check Project Success Rate
The project success rate is a very important deciding factor when choosing a good software developer. The success rate depends on whether the development company is delivering the right results within the defined time frame and target budget. If a company has a low success rate, it is best to avoid them as you might end up with a lengthy and unnecessarily expensive project. Past client reviews can be a good indicator of project success rate, as higher ratings indicate higher project success cases.
6. Check After-Sales Service and Technical Support
Excellent technical support and after sales-services are essential factors to ensure your software system or product is running smoothly. Not every development company provides good quality after-sales services, so it is important to enlist a development company that will provide you with uniform support throughout the project’s lifespan – this includes the after-sale phase as well.
7. Compare the Costs vs. the Benefits
After conducting thorough research into all the available development companies, the final step is to determine who is the most cost-effective. As mentioned before, software development can be quite expensive – regardless of how simple your requirements might be. Therefore, you need to make sure, you pick the company that gives you the best outcome for your investment.
Software development is vital for the digital world we live in today. With the fast-paced, constantly evolving business world, it is important to invest in high-tech digital assets like software and tech products to stay ahead of the game, and the best option is to hire experts in the field to create it for you.
Expert software development companies can take you above and beyond your competitors, thereby granting you a competitive edge in your business sector.
Now that you know what to look for, you should be well on your way to choosing the best developer for your software needs.
1. How much does custom software development cost?
Ans: Custom software solutions cost depends on the complexity of the project, but generally, a software development project can cost between $10,000-50,000. A freelance developer might charge a little less, but the quality of work might not be as good as a professional team’s.
2. How long does it take to develop software?
Ans: On average, software development can take as little as 4-6 months, but that is in the case of simple development projects. If you want to create tailor-made software perfectly suited to your needs, it can take up to a year to develop.
3. What are some of the best review sites for software developers?
Ans: Some of the best B2B software development review sites include:
- Software World
4. Is it better to hire freelance developers or development companies?
Ans: Freelance developers are relatively cheaper to hire, but if you are looking to develop a sizeable software program, it is better to hire a top-notch development firm. Development companies usually have greater expertise and accountability and are better equipped to provide quality after-sales services – which is of paramount importance to ensure your system’s continued efficiency and functionality.