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What’s the next step in your software journey?
Your path to building a software solution is unique. By answering these 7 questions, we will give you an informed recommendation on the next step in your software journey. Learning a little more about your circumstances helps us provide bespoke resources.
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Here’s a bit more on what you’ll learn in the Software Pricing Guide
Why is Software Development So Expensive?
Let’s start with the average salary for a software developer in Australia. Indeed AU has put this figure at $94,000. That’s a good start but that number isn’t accurate in and of itself. Every organization has overheads like equipment, electricity, rent for the office space and subscriptions/licenses. We can’t forget superannuation, that’ll add another 10%. Finally, let’s remember that every business needs a margin. So, our final equation becomes $94K + ($94K x 0.3) + ($94K x 0.10) + ($94K x 0.3) = $3.3K per week.
How to Make Sure You’re Getting the Right Price
We can’t rely on a single developer to build an application themselves. We’ll need a second developer to ensure the knowledge of the system is shared. We’ll need a few other disciplines to ensure we’re creating an amazing product. A scrum master is needed to keep the project on track, a product designer is needed to research and design the best user experience and we’ll want to occasionally consult a customer success consultant. This gives us a range of $10K - $14K per week.
Cost Per Stage of Development
This is where it gets very interesting. It’s something we haven’t seen any other agency share. We’re going to tell you what the average length and cost is for our past 9 projects. We’ll preface this by saying these were full product builds. The average scope length was 3 weeks. The average development length was 9.85 weeks and the average cost was $118,000.