What are the key factors that influence to develop a budget friendly Mobile application?

How much money do we need to spend? How much time the project takes to finish? What’s next? These are the common questions that invariably come to our mind when we start thinking about developing a Mobile application for business.
The key factors that influence Time and cost are
  • The Complexity of the functionalities -Initially we certainly think about dozens of features that our application should have. First, we need to list down the functionalities and start with a MVP (Minimum Viable application) with a minimum set of features.
  • The choice of technology stack – The more technical the app, the more will be its development cost and time. Technologies such as Mongo DB, AI integration, Data analytics etc would automatically increase the development cost and time.
  • UX /UI designs and animations – The first look of any application can either be a maker or a deal-breaker. The style of design you choose such as Simple, Polished, Aesthetically brilliant, Innovative etc also plays an important role in cost and time estimations.
  • The type of application – Choosing the type of application such as Native or Hybrid or Web also plays an important role in time and cost estimations.
  • External APIS and Integrations – Third party integrations which will take data from other Websites and mobile apps is another point that affects the time and cost.
  • The Choice of Platform – Mobile platform such as Android, IOS, Windows etc and devices supported such as Samsung Galaxy, iPhone X, iPad etc will directly affects the cost and time of building an application.
  • The testing environment – Thorough testing is critical to the quality of a product. An in-depth testing stage ensures app users face minimal issues such as glitches, bugs or lags. In-depth testing such as Cloud testing, Penetration, Security etc will affect the time and cost.

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