Our Software Development Cost
We deliver software development services according to the Time and Material model to offer you full transparency, control, and competitive pricing options. Explore our software development pricing options designed to provide you with the maximum ROI.
We deliver software development services according to the Time and Material model to offer you full transparency, control, and competitive pricing options. Explore our software development pricing options designed to provide you with the maximum ROI.
What Is Your Cooperation Type?
Choose the model that best suits your needs and we’ll get back to you with our custom offer ASAP:
Software product ideation, design, implementation, testing, deployment, and ongoing software enhancement - we’ve got you covered!
Strengthen your in-house workforce by seamlessly integrating specialized talent and an extensive tech arsenal, available precisely when you need them.
From Consultation To Custom Offer
At Techstack, we're not just building software products, we're building relationships. We're here to guide you through every step of the process, from the initial consultation to delivering a custom offer that aligns with your goals and budget.
With a background of 10+ years in software development and 107 successful software solutions, we know how to plan and estimate your software development needs.
First consultation
Our partnership begins with an initial consultation. During this meeting, we engage with you to gain a comprehensive understanding of your project. We encourage you to:
Share your vision and project goals.
Describe your specific needs and challenges.
Outline your expectations, budget, and timeline.
Our experienced team is here to listen, provide valuable insights, share our partners’ success, and recommend the best strategies to move forward effectively.
Needs analysis and planning
After the initial consultation, we analyze your project needs in-depth. This phase includes:
Defining the scope and functionalities of your software.
Conducting feasibility studies to determine the project's viability.
Creating a project plan, including milestones and timelines.
Discussing any potential technical challenges and solutions.
Customized offer
Based on the insights gathered during the initial consultation and needs analysis, our team creates a customized offer tailored to your project's specifics. Our pricing model is designed to provide you with the best possible return on investment. This offer includes:
A detailed project overview (cost and feature breakdown, technology stack, and number of supported platforms).
Team composition with CV samples.
A clear timeline of the services and deliverables you can expect.
Development costs and cooperation model.
Expected risks.
Engagement phase
Once you receive the offer, we start to collaborate closely to address any questions or concerns you may have. We're here to ensure that all aspects of the proposal align with your expectations. Our team doesn’t need any deposits or upfront payments to start our development journey. When you're ready to proceed, we sign the Master Service Agreement (MSA) and Statement of Work (SOW) to get started on turning your software vision into reality.
First consultation
By tailoring insights and strategies to each product, the consultation sets the stage for a successful partnership, ensuring that our partner’s expectations, budget, and timeline are comprehensively addressed. This initial engagement is pivotal in aligning the team's expertise with your aspirations, making it a key aspect of our service offering.
Pre-engagement stage
In the pre-engagement stage of our collaboration, our journey begins with a significant step—presenting you with carefully selected candidate CVs. This is a process we will undertake once we initiate the recruitment phase, ensuring that each resume is tailored to meet your specific needs.
Each candidate's CV is more than just a document; it is the result of a comprehensive assessment process. We evaluate their technical skills, work experience, problem-solving abilities, communication, and collaborative skills to ensure they meet the highest standards of competence and professionalism
Engagement phase
Throughout this phase, we maintain a clear line of communication, addressing any questions or concerns that may arise. Our team is here to provide clarity and support, ensuring that you have all the information you need to make informed decisions.
We don’t need any deposits or upfront payments to start our development journey. We begin with the signing of the MSA and SOW that represent a formal commitment to excellence. It's a testament to our shared dedication to delivering a successful software project that meets and exceeds your expectations.
At Techstack, we believe that the foundation of a successful partnership in software development lies in transparency, collaboration, and a firm commitment to meeting all your product objectives.
What Influences The Cost of Software Development
At Techstack, we believe in complete transparency when it comes to pricing. The rate of our services depends on several key factors that we clearly outline for all our partners.
Scope and complexity
Specific product requirements
Technology stack
Timeframe
Skill set
Seniority level
Technology stack
Simplified Payment Process for Your Software Development Needs
We understand the importance of a straightforward and transparent payment process when it comes to software development costs. We've designed our pricing model with simplicity in mind, ensuring that our partners can focus on what truly matters – the successful delivery of software development products to make an impact on their businesses and the world.
Time & Material
We charge our partners based on a time and material pricing model. This approach is highly flexible and ensures that you pay for the actual work done on your product. It offers greater transparency, allowing you to see where your investment is going and providing full control over your budget.
Monthly Invoices
To make your financial planning even more convenient, we provide our partners with monthly invoices. At the beginning of each month, you will receive a detailed invoice that outlines the work completed in the previous month, making it easy to track your progress and expenses.
Multi-Currency Payments
Our pricing model accommodates multi-currency payments: USD and EUR. This feature allows our partners to make payments in their preferred currency, simplifying international transactions and ensuring a hassle-free financial experience.
Payment Flexibility
We understand that different partners may have unique payment preferences. With our payment flexibility, you can choose from various payment methods, including SEPA and Swift. This flexibility ensures that you can pay in the manner that best suits your business and financial needs.
Why Partner with Us
Experienced project managers
Middle and senior experts
Product-first approach
Expert technical support
What Our Clients Say About Us
We now have a true development partner that’s an integral part of our company.
Clutch Review
The team delivered tasks on time and responded promptly to the client's needs. Their finance and legal departments were also helpful and provided great contract formatting.
Clutch Review
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FAQ
How much does software development cost?
Determining the exact cost of software engineering is quite challenging due to the numerous variables involved. Factors such as the complexity of the project, the number of features, and the expertise level of the developers can significantly influence the total cost. Therefore, it's difficult to provide a definitive figure without considering these specific details. We try to provide the most accurate estimates based on our experience and expertise.
How is the cost of software development calculated?
Calculating the software development budget is not a straightforward task as it involves careful analysis of your specific needs. We take into account the features you require, the complexity of the project, and the number of platforms the software needs to be compatible with. These factors together help us estimate the cost involved in developing a bespoke software solution.
What are the hourly software development rates?
Hourly software development rates can greatly vary and depend on a range of factors. These include the level of expertise and seniority of the developer, as well as the specific type of development services required. For example, let’s take a small product. A $30-per-hour developer will need 100 hours, and in most cases, the product will require further improvements. However, a $45-per-hour developer will need just 50 hours and the quality of the product will be superb. When speaking about the development of software products, it’s better to consider the overall costs, not just the hourly rates.
What are the software development cost factors?
Software development is a complex procedure that requires careful planning, coordination, and execution. The cost of software development can significantly vary depending on the chosen model of cooperation, whether it's an extended team or full-cycle software development. Different factors influence the cost, making each software product development process unique in terms of budgeting and resource allocation.
How to reduce software development cost?
At Techstack, we adopt and follow the Agile methodologies for faster, iterative development and feedback, which helps in early identification and rectification of issues that, in turn, can help reduce software development costs. Implementing DevOps practices can streamline processes, improve collaboration, and automate repetitive tasks, thereby reducing time and cost. Lastly, investing in employee training and skill development can enhance productivity and reduce the need for expensive external resources or rework due to errors.
What affects the software development costs?
Software development cost is primarily influenced by the complexity of the project, including the number of features and their intricacy. The experience level and rates of the development team, as well as the time frame for completion, also significantly impact the cost. Lastly, post-development services like maintenance, updates, and customer support can add to the overall expense.