The Hidden Business Value of Full-cycle App Development

The Hidden Business Value of Full-cycle App Development

Let’s look at three examples of how full-cycle development is superior to outstaffing and other engagement modes

Traditionally, when hiring an outsourcing team to develop an application, you would provide them with detailed specs and forget all about the IT vendor once you’ve received the finished product. As software solutions’ complexity grows, the engagement modes evolve too, and full-cycle development is becoming the new norm. It means the development team takes part in every aspect of your endeavor, from requirements elicitation to market launch and beyond. While this approach is more drawn-out and expensive, it unlocks previously untapped business value. Let’s look at three examples of how full-cycle development is superior to outstaffing and other engagement modes.

Business Acumen Boosted by IT Expertise

Software development teams are no longer limited to coders, testers, and designers. Instead, they employ business analysts, project managers, researchers. When engaging full-cycle services of such a team, you enjoy the benefits of an in-depth analysis of your niche that are then transformed into a detailed system requirement specification (SRS). With a clear picture of the project and your exact requirements, the team can quickly complete the development stage without misunderstandings.

When choosing an IT vendor, pay attention to the projects in their portfolio that share your industry or market. For instance, if you need a trading platform, none would be better than the one designed by Paul Belogour and his team. Other vendors specialize in MedTech, AdTech, eLearning, or FinTech. If the company offers to tackle a project regardless of the niche, it might not possess any in-depth experience with your market and drain your budget uselessly. Be careful with your research before committing to one vendor.

Ongoing Technical Support

Long-term maintenance and support can make or break your software product. Few projects run smoothly post-launch without small tweaks and improvements. Moreover, regular updates to accommodate customer feedback are now a staple of successful projects. With a full-cycle development team in your corner, there’s no need to keep a tech specialist on retainer. Instead, you can get in touch with the developers who originally worked on the product and know it better than anyone. They are the best people to take care of upgrades and bugs.

Besides, once you’ve found a reliable tech team, you can scale your business further after a successful launch and promotion. There’s no need to research and screen IT vendors, as you already have a perfect team waiting to implement your vision.

The Best Value for Money

Business software development may be a deadly gamble unless you hire a full-cycle outsourcing team. Take a look at a couple of likely scenarios:

  1. Without technical know-how, your project’s needs turn unrealistic, and no team wants to get on board. The one that agrees to work with you overcharges and increases the estimate every time you remember and add another critical feature to the list.
  2. The requirements are crystal clear in your mind, but you forget to include measurable deliverables in the SRS. As a result, the developers complete the project as best as they understand it, but the software is nowhere close to what you’ve envisioned.
  3. The app crashes post-launch, but you cannot get in touch with the development team. You waste days looking for engineers willing to take on your problem and pay an outrageous sum to get the app up and running quickly.

Full-cycle development takes care of these and other risks, increasing the chances of success, and making outsourcing much safer for your business.

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