Mobile App Monetization

The Most Comprehensive Guide to Mobile App Monetization

This article has everything you need to know about mobile app monetization. We’ll take a look at several different approaches and discuss their advantages and disadvantages. Additionally, optimizing your app’s income potential is something you’ll learn about here.

You can use this guide regardless of whether you are a developer or an app owner. Some of you will be in the early phases of your mobile app monetization journey, whether you have a free or premium app. Some will be specialists in hybrid app monetization with years of practice under their belts. Anyone who wants to make money from their mobile app should read this tutorial.

In any case, we hope that this article will help you better understand how to monetize your mobile app. After reading this post, you will understand how it works and maximize your app’s earnings.

What is mobile app monetization?

To put it simply, app monetization is the process of turning your app’s users into a source of income. There are many strategies involved in this process. Several mobile app monetization strategies are more suited to certain types of applications than others. While some applications concentrate just on one area of app monetization, others include a variety of them.

With your app, you will need to bring in money for yourself as a developer. It might not be easy to stay afloat in the app economy. Therefore, you must go through the suggestions in this article unless you’ve already secured a substantial amount of cash.

Mobile App Monetization - Turning Your App Into Income
The Primary Aim of Mobile App Monetization Is to Make Money with Your App

Why is mobile app monetization important?

Mobile app monetization has become critical because it has become more common to find free apps at the time of installation. This means that the app’s business model has to be reworked in light of this.

Change in the revenue model after the download is necessary for success in the app market. When it comes to your strategy, this is where it all begins. Take your time and make one that secures the following two outcomes:

  1. Your app is bringing in more and more money.
  2. You can keep your clients and the user experience intact.

It’s easy to overlook the second part of the equation. You must also consider how mobile app monetization impacts the user experience to maximize income from your app.

App monetization statistics and data

BuildFire estimates that 88% of mobile time is spent on apps. Global app revenue surpassed $70 billion in 2015. Toward the end of 2016, this figure had climbed to $88 billion. Those are big gains in only one year. According to Statista’s forecasts, the worldwide income from mobile applications is expected to reach $935 billion by 2023.

Take a look at the graph:

For now, in-app advertising dominates mobile app revenue tactics. Indeed, advertising formats have improved in recent years, and app income models are becoming more heavily reliant on ad-based revenue. Native advertisements are also a popular kind of in-app advertising, which the app ad industry likes to refer to as an example of advancement.

Approximately 20% of applications in both the major app stores, namely Play Store by Google and App Store by Apple, use paid models to generate income. This is stable as an app revenue model, but subscription models are growing more common as developers find the concept of recurring money appealing.

Looking at this data on mobile app monetization can teach you a lot about your app’s revenue strategy. Ads for mobile apps are on the upswing. When the bubble bursts, will developers notice? There may be a benefit in the future for applications that don’t rely on advertising as a source of income. With the rise of other mobile app monetization approaches, this is a definite possibility as well.

Mobile app monetization strategy

Let’s take a look at some of the existing mobile app monetization options. We’ve outlined the benefits and drawbacks of each, as well as a few examples.

1. In-App Purchases

In-app purchases may take many different forms, such as an additional exercise in a fitness app, a new user-level or reward, a one-time cheat for a mobile game, or a premium feature in a productivity app. With this mobile app monetization strategy, the essential thing to remember is that your app must be functioning without the extra payment, with the add-on helping to improve the user experience.

Pros:

  • With a free app, you’ll have a lot more people using it right away.
  • It’s a low-risk move, as you’re not denying users access to key features or content.
  • Using in-app purchases, you can generate a sizable profit since they don’t need the storage or maintenance of physical stock.
  • Add-ons enhance the user experience, which in turn encourages repeat business.
  • It is possible to use this in combination with other monetization strategies.

Cons:

  • Even if your software is well-liked, some customers will never purchase from you. The amount of money you make might go up and down a lot when you monetize in this manner.
  • As is the case with premium apps, Google and Apple keep a sizable portion of any income you earn.
  • If someone mistakenly purchased anything (say, a toddler messing around with their parent’s tablet), you may get more requests for refunds.

Example

Wordscapes is a well-known crossword-solving application. Note: The game’s in-app purchases are clearly stated in the app store header: This app is also an excellent example of a business that uses various mobile app monetization methods to generate revenue. In between certain games and levels, it also displays static and video advertisements.

2. In-App Advertising

Like we said before, advertising is the most popular way to monetize mobile applications out of all of them. The app’s promise of being fully free to use is undoubtedly the key reason behind this. Ads’ only drawback is that, if displayed incorrectly, they can clutter up the user interface and interfere with the user experience.

It’s clear to your audience that you’re offering them high-quality content for free. All you want in exchange is for them to display your advertisements that may be of interest to them and, therefore, earn you money. It’s important to use caution when incorporating them into your software to prevent unintended consequences.

Pros:

  • It will be much simpler to attract many users to your app if it is free to use.
  • Apps may be used to gather information on user activity, location, and preferences.
  • Putting up the right adverts might bring in a sizable sum of money (valuable and relevant).
  • E-commerce, entertainment, news, and gaming applications all benefit from using this mobile app monetization method. 
  • Third-party, incentivized, and native advertising are the three types of advertisements you may use.
  • If you already have advertising plugins in place, your app should be able to work with them.

Cons:

  • When adverts get in the way of the app’s functionality, users will uninstall it.
  • It is impossible to get a good return on investment from advertising wholly unrelated to your product or service.
  • Ads may necessitate a redesign of certain areas of the app.
  • It is unsuitable for business applications that need users to maintain a laser-like focus on the content at hand.

Example:

In-app advertising would be a major boon to news applications. Publishers may still generate money by showing appropriate advertising throughout the experience while still delivering the day’s stories to viewers in their entirety. CNN is an example of a mobile app monetization approach that utilizes in-app advertising. From the very beginning, you’ll see three distinct types of advertisements.

3. Paid Downloads

Whenever a user downloads your app, they pay a one-time, non-refundable fee. Consequently, the more you charge for a premium download, the more money you make. When pricing something, you must be mindful about how much you charge for what you offer.

Pros:

  • The more people use the app, the more money you’ll make.
  • Be able to estimate the value of each user.
  • Because they’ve made an initial financial commitment, people are more likely to stick with and use an app they’ve paid for.

Cons:

  • There is a lot of competition from free applications.
  • Google and Apple both take a significant percentage of your revenues.
  • With the pay-to-play barrier, it may be tough to attract users.
  • The bar has been raised. Therefore, quality, performance, and security must be constantly monitored and maintained to meet or exceed these higher expectations.

Example:

One of the most popular paid applications in the Apple’s App Store is Facetune. It’s not difficult to grasp the gist of this idea. To put it another way, it’s like having the power of Photoshop in the palm of your hand, allowing you to take picture-perfect selfies. Most digital editing software costs a lot more money. As a result of its design for mobile devices, it is more user-friendly than previous versions. There’s a good reason why this premium software outperforms free alternatives.

Mobile App Monetization - Paid Downloads
Paid Mobile Apps Can Come in Different Price Categories.

4. In-App Subscriptions

In-App Subscriptions, often known as freemium content, are similar to in-app purchases in that paying money allows users to access new aspects of the app experience. It’s worth noting, though, that most in-app purchases tend to be items, events, or content that are perceived as perks or incentives. They are not dependent on progressing through the app or being able to experience the whole of it.

On the other hand, in-app subscriptions provide customers with a stripped-down version of the app. For those who want to “unlock” the rest of the experience, paid premium upgrades are available. In the case of mobile applications, this often comes in the form of subscription-based content. Your mobile app may also offer subscriptions that eliminate all traces of advertising.

Pros:

  • Perfect for news and blog sites with a steady following.
  • As a “try-before-you-buy” option, it’s simple to attract new consumers to your product.
  • You may offer subscriptions for in-app content outside of the app store to boost income. Logging in is required for premium members. 
  • Rather than relying on one-time sales, subscriptions provide ongoing income.

Cons:

  • In-app subscriptions sold via the app store enable Apple and Google to keep a significant portion of the revenue.
  • Fresh, relevant content will be necessary to keep it updated.
  • Make sure there’s a balance between the free and paid versions. While you want them to upgrade, you don’t want to turn them off completely.

Example:

According to a 2018 report by Reuters Digital News, subscribers are the most effective mobile app monetization strategy for news applications.

Mobile app monetization best practices

1. It’s all about the experience

The user experience must be preserved at all costs. You’ll do more harm to your app’s revenue if you ruin the user experience.

2. Keep bringing in new users

Your mobile app’s monetization will only grow if you continue to invest in new users. Do not let off of the gas pedal at this point! User churn is an unavoidable part of every app business. To increase monetization, you’ll need to seek out new customers proactively.

3. The use of hybrid mobile app monetization

Multiple mobile app monetization approaches are perfectly acceptable. It’s a great idea. It is possible to use many types of app monetization at the same time. Make sure that you’re not doing too much that will adversely affect the user experience.

4. Keep up to date

Keep an eye out for policy updates from the main app platforms. This is critical since it might have a major impact on your plan in a matter of hours.

5. Your app is unique

Assuming that something has worked for another developer is a risky assumption to make. Every app is different. What works for one mobile app doesn’t always work for another.

Treinetic’s thoughts on these trends

Developers will reap the benefits of the app economy, with income from mobile app monetization expected to increase in general over the next few years. Even though premium applications were once the most popular, free applications have already overtaken them as the new norm. Developers will be able to generate more income over a longer period as a result of this.

Developers will increasingly have to use hybrid mobile monetization techniques. There should be no one-size-fits-all approach to app monetization. A more stable strategy is to spread revenue generation among multiple strategies, especially in a market that might change fast. Why? Because app users’ preferences change often.

What Is IT Staff Augmentation

What Is IT Staff Augmentation, and What are the Benefits?

What is IT staff augmentation, what is the procedure, and what are the benefits of this? If you have any of these or similar questions, you’ve found the perfect place. You can learn about IT staff augmentation and how it works in this in-depth post. We’ll also go over the benefits of using IT staff augmentation services.

As communication and IT technology develop in the twenty-first century, employing workers from inside the company is no longer the ideal choice. As a result of globalization and technology advancements, it is now viable to quickly and safely establish distant global teams.

Particularly in the field of information technology and software development, this is true. It is estimated that worldwide technology expenditure will reach $5 trillion in 2021, according to CompTIA. Technology-related firms also rely less on traditional in-house development teams and augment their IT personnel instead with alternative sources.

What Is IT Staff Augmentation?

IT staff augmentation is an outsourcing technique involving hiring external, highly qualified technical personnel to temporarily or permanently fill vacancies in your organization’s workforce. It gives companies the freedom to pick and select the employees who best meet their needs and trim or expand their augmented teams as necessary. Staff augmentation is something that a large number of businesses provide. You may increase your in-house development team’s technical resources on a temporary or permanent basis by working with IT staff augmentation providers.

The addition of IT personnel is a component of the overall expansion of the workforce. Staff augmentation is a contractual outsourcing service provided by an external supplier to supplement the in-house team’s expertise and abilities. This approach involves assessing current staff competencies and identifying the talents that are lacking.

The vendor makes use of these resources directly. Therefore, hiring additional full-time employees and the associated costs and liabilities are no longer necessary. As a result, remote developers employed by a staff augmentation firm work on a single project exclusively.

When Is IT Staff Augmentation Appropriate to Your Company?

This approach of staffing is feasible if:

To begin, if you already have a team in place but wish to grow it.

The staff augmentation approach has the wonderful advantage of reducing costs. When you need to expand your software engineering staff or create a new department, consider outsourcing. Providing office space, insurance, and other benefits are not required, nor are high wages. Many of these issues are addressed by the staff augmentation approach.

In the second place, if you need specialists that possess a certain set of technical skills

There are many award-winning software development firms throughout the globe. Can you even fathom the size of the global talent pool? You’ll be able to locate a developer that specializes in a certain area of technology.

Third, you need some degree of flexibility

If you employ an in-house team, you can’t just hire an engineer for the day, but if you use a staff augmentation model, you can simply switch out team members as the project changes.

Fourth, there aren’t any competent developers in your region

It’s possible that you’d want to hire more people but don’t have the resources to do so. Hiring engineers that are fluent in a particular programming language, on the other hand, may be difficult. Finding an outsourcing or software team augmentation firm to cover the necessary skill gap is ideal if it’s about you.

Comparing IT Staff Augmentation with Other Known Models

Staff Augmentation

The staff augmentation approach gives you complete control over the hiring process, selecting the applicants you want to work with. The vendor handles all of the organizational and administrative headaches. At the same time, you’ll be able to focus on your primary duties while working with your augmented team in the same manner that you would with your in-house engineers.

Own R&D Center

Let’s say you want to expand your company’s workforce by at least 40 people. Alternatively, you may want to consider locating your R&D center in a nation with an improved business climate and a larger pool of IT expertise. It implies that you’ll have to study the legal system and the country’s culture and take all the risks yourself.

Managed Services

From organizing a team of developers to overseeing every procedure on their own, the project outsourcing firm takes care of everything during the development of your project. You don’t have to spend time on your remote development staff or have in-house tech knowledge.

Staff Augmentation vs Other Models
IT Staff Augmentation and Other Models Comparison

IT Staff Augmentation Process Flow

Step 1: Determine where there are skill shortages

You’re all set with project details. You have a clear vision of how your project will work. You’ll have to find out where your strengths and weaknesses lie now. If you don’t know what kind of specialist you need, don’t worry about it. Plan a meeting with the vendor you’d want to collaborate with and explain your needs to them. They and the appropriate software developers will recommend your technology stack along with your project.

Step 2: Orientation and integration into the workplace

Integrate your new team members into your business after negotiating terms and conditions, signing contracts and NDAs. Investopedia describes an NDA as a legally enforceable contract that creates a confidential connection between two parties. And that’s crucial, so don’t forget about it. Set up meetings with your existing teams, provide any training that’s required, and allow them to get acquainted with technical terms before letting them loose in the office.

Step 3. Managing the Process

The final stage will continue for as long as you work with a larger group. As the saying goes, “Live and learn.” To keep your team motivated and show you if your efforts are justified to keep learning and analyzing the value your new team contributes to the project. Be sure to keep in mind the people in charge and the responsibilities that have been established from the start.

IT Staff Augmentation Process Flow and Candidate Selection
IT Staff Augmentation Process Flow

What Are the Benefits of IT Staff Augmentation?

High Productivity Level

Project outsourcing teams may handle several projects at the same time, but using a staff augmentation team keeps developers focused on a single one at all times, allowing them to be more productive. Being motivated and dedicated to one client’s huge goal is a great feeling.

IP Rights Security

All intellectual property rights (IP) belong to you from the beginning of the collaboration with your devoted developers.

Flexibility

Flexibility increases on two grounds:

1. From UI/UX designers and front-end developers to Scrum masters and product owners, you’ll have easy access to a diverse group of IT experts with whom you may collaborate.

2. The skill pool is larger. Therefore, it’s much simpler to find a replacement for a developer. Working with a staff augmentation company means you save money on the transition.

Savings Potential

An exceptionally clear pricing structure characterizes staff augmentation services like these. You will not be responsible for administrative and organizational costs such as office space, workstations, or other facilities. You just pay the price, and the vendor handles the rest, allowing you to concentrate on your core business operations.

Benefits of IT Staff Augmentation
IT Staff Augmentation Comes with Several Benefits

How to Grow Your Business with IT Staff Augmentation?

Opt for a provider that will set up dedicated team rooms for your remote devs, complete with everything they’ll need. For example, at Treinetic, our teams have rooms with the client’s corporate logo to make it easier for the offshore team to integrate with the in-house engineers.

To ensure that your remote developers feel a part of the local team, make sure they know it. Ask the vendor if they have experts that can assist you in working more effectively with your team. HR/client managers work side-by-side with your developers at Treinetic to assist in clearing up any misconceptions that may arise throughout your collaboration.

What’s Your Next Step?

Using a technology staff augmentation approach saves time, gives you greater control over your process, and lowers costs.Starting your search for an outsourcing provider now is the best thing you can do if the scenarios outlined in this article match your present position. If you’d want Treinetic to assist you in this process and find your unique skills, please get in touch with us now!

Staff Augmentation vs. Project Outsourcing

Staff Augmentation Vs. Project Outsourcing | What to Choose?

Some elements of an organization’s IT requirements, such as system monitoring, data backup, and network administration, are nearly steady. However, new or unanticipated IT initiatives may bring a large amount of labor at once. It’s at this stage that many businesses start debating between staff augmentation vs project outsourcing.

On the other hand, the worldwide IT sector is expected to be worth about $5 trillion in 2021. Asia will also significantly impact the global IT sector, with a share of 32%. And these Statista figures demonstrate just how big the IT sector has become in the modern world. It’s safe to state that IT outsourcing is a lifesaver thanks to its many advantages before going into further detail. Therefore, an increasing number of businesses are delegating their IT duties to third parties. Now, let’s compare project outsourcing with staff augmentation in detail.

Staff Augmentation VS Project Outsourcing

What is Staff Augmentation?

In staff augmentation, a software firm hires external engineers on a Time & Materials contract basis to supplement its own engineers’ skills. Third-party experts who work exclusively on the buyer’s premises for the duration of the project extend the outsourcer’s internal team in practice (or serve as its only members).

Companies save money on recruiting, payroll services, and project execution by using staff augmentation. This model can be readily scaled up or down because it’s a partnership rather than an employment contract. As such, FTEs may be decreased (or increased) promptly as required. Furthermore, this complete shift of responsibility reduces administrative burdens associated with HR and employment. As a result, the outsourcer can devote more time and resources to the core business.

Benefits of Staff Augmentation
Staff Augmentation Can be Beneficial for Some IT Companies

What Is Project Outsourcing?

By collaborating with a remote software company and handing over the project to its team of programmers, you can outsource a dedicated team. Most of the time, it involves much more than simply team augmentation in a collaboration. Software-related services like design and analysis are also included. These include UI/UX design and quality assurance as well.

Due to the vendor’s deep engagement, there is a greater incentive to produce the best possible outcomes than staff augmentation. As a result of all of this, the software company is more than simply a temporary service provider. It is a close and valued partner.

Benefits of Project Outsourcing
Project Outsourcing Comes with Several Benefits for IT Companies

Staff Augmentation VS Project Outsourcing: A Detailed Comparison

Let’s look at a short comparison of the pros and cons of staff augmentation vs project outsourcing to find the answers.

1. Project Management

The outsourcer typically manages the project internally under the staff augmentation model, even though external employees are responsible for certain aspects.

Employing a dedicated team, on the other hand, implies hiring a project manager. And this reduces the buyer’s project management duties while the vendor assumes complete project management responsibility. For the buyer’s convenience, a single point of contact is usually established.

The software provider’s governance system is another advantage of external project management. An experienced software house has already figured out the most effective method of managing IT projects, has a lot of such collaborations in its portfolio, and understands how to get things done on time and within budget.

2. Responsibilities and Cost

Both approaches place the onus on the service provider to find and hire qualified engineers. With dedicated teams, however, the vendor pays for office space, software licensing, gear, utilities, and the training of the staff. Moreover, they take care of the general well-being of software engineers.

What’s on the surface in terms of employment expenditures is only the beginning. The software house is responsible for any costs that go into calculating the total cost of ownership for these types of tasks. Although this endeavor increases employee engagement and reduces attrition, it must be correctly done to be effective.

Project outsourcing has the apparent advantage of lowering costs. According to a Statistics Brain study, 44% of American firms surveyed chose the project outsourcing approach primarily to save costs. Ultimately, the outsourcer benefits from having a motivated and competent workforce because of all of this.

3. Relationship with the Vendor

Without mutual trust and understanding, no business partnership will be successful.

Companies often form more direct and long-term relationships with developers they outsource. When you and your partner work closely together, you better understand your company’s fundamental requirements and problems. Frustration and discomfort are all too often in the workplace when people lack confidence in the people they’re working with.

A relationship with a provider of staff augmentation services is more limited. Also, it essentially boils down to merely delivering resources in the form of a required number of engineers. It is not uncommon for this kind of business connection to end with the last line of code. Thus, it is superficial. Last but not least, the staff augmentation services supplier often shows less concern for your IT project’s eventual success than the other parties involved.

4. Cooperation Kick-Off

Staff augmentation providers often need less time to get up and running than a committed team of programmers.

However, the outsourcer bears some of the burden of identifying the best fit. Buyers should be wary of making assumptions about candidate profiles, abilities, and technical experience required for the project without an expert on their own staff or one on the supplier’s side. The kick-off may take longer and cost more if it doesn’t have this.

When it comes to gathering a dedicated team for each project, the software house has the sole duty of scaling it to meet the customer’s current requirements and guarantee seamless development management. The outsourcer’s job is to determine the project’s scope and functionality rather than to express personal preferences for certain programmers or developers in general.

5. Working and Organizational Culture

Working and organizational culture vary greatly between the two types as well.

Developers in an outsourced team may establish a unique knowledge exchange and collaboration atmosphere by working together in the same office. The staff augmentation approach is typically outclassed when it comes to close friendships, the general environment, and team spirit.

In addition, the software firm ensures that its employees are comfortable at work. Moreover, they get appropriate career development and mentorship and have access to all essential resources. Well, that’s not all. They also ensure that the company’s culture is strengthened.

Engineers in the staff augmentation model may not identify with either party since they know they will be working on another project for a different company sooner or later. And this common cause of demotivation can trigger changes in jobs.

6. Internal Policy

Working with outside contractors also often leads to a shortage (or severe scarcity) of in-house programmers. When you hire engineers solely for the project, you may get caught in a loop because you can’t use the same engineers you used for staff augmentation after the project is over. This means you have to find other developers, introduce them to the company, share domain knowledge, and so on – just to let them go after the project is over. The cycle repeats itself.

7. Insights and Knowledge

Temporary workers also have the drawback of not knowing your company, your previous projects or products, your previous business experience, or your market expertise. This means you can’t count on them to be as proactive or creative as a normal employee.

An additional benefit of using a dedicated outsourced team is that the connection is more personal, allowing the team to know your company better and better understand what you need. This is not the case with staff augmentation.

You can expect innovative software solutions from your business’s software partner.

Staff Augmentation vs Project Outsourcing
Project Outsourcing Lets You Focus on Your Core Business More Than Staff Augmentation

Treinetic’s Reasons for Believing in Outsourcing

Staff augmentation has certain obvious advantages. It’s a good approach to coping with IT talent scarcity when your company wants quick results with a tight budget but doesn’t have much time to spare. The advantages of adding personnel, on the other hand, diminish in direct proportion to the project’s duration. Working with a remote software house will be more effective and advantageous as the IT project grows in size and complexity. 

Companies that specialize in trustworthy, robust, and skilled in managing IT projects stand augmentation are available, as is the case with any other service. And, in some cases, this model may be just what you’re looking for. However, the long-term advantages of a successful IT collaboration are more cost-effective and less stressful for the project, according to our experience. We also must study what big companies prefer in this case. According to Love to Know, even IBM and Dell outsource. And this suggests the effectiveness and pros of outsourcing. 

You can concentrate on your company’s core and get cutting-edge outcomes by letting a dedicated, award-winning development team handle your software solution’s design, development, implementation, and maintenance.

Mobile Application Development Process

Mobile App Development Process Comprehensive Guide

As the year 2021 draws to a close, let’s take a look at the vast world of mobile apps. The yearly app income has reportedly surpassed $111 billion, according to Business of Apps. Furthermore, Transparency Market Research predicts that enterprise mobility will be valued at $510.39 billion by 2022. The number of apps available on Google Play and Apple’s App Store has also increased dramatically. Not only that, but numerous new trends are emerging in the mobile app development process.

Many companies are trying to capitalize on this development trend, but very few can build a profitable app. Only if your company has a well-honed mobile app development process will it succeed in these growth predictions’ competitive landscape.

It is essential to have a process flow for app development that includes several distinct stages. Each one will be examined in detail in this post.

Mobile App Development Process – Step by Step Review

Step 1: Explore Your App Idea

Every mobile app development process begins with a concept, despite how obvious it may seem. Having a clear vision for an application takes a lot of time spent on research. 

Do you have a firm grasp of your app concept? If that’s the case, you’re ready to go on to the next stage. If you’re still unsure, ask yourself the following five questions:

  1. Is there a specific objective you’re trying to achieve with your app?
  2. What issues do you want to address with your app?
  3. Who is the intended audience for this project?
  4. What makes your application stand out from the rest?
  5. How long do you expect users to use your app for?

You’ll be ready to develop your app strategy and carry out market research following the steps mentioned above. Preparing for a mobile app strategy requires the same amount of thought as going on a vacation.

You’ll need to perform a lot of market research, select the best options for your app, and then map up a timeline and budget for it. Learn about your target market’s challenges and current market developments. After that, your application must provide a solution to the issues the user is experiencing.

Analyze and consider the advantages that your product provides for both you and your clients. In other words, research the market to discover a lucrative niche.

Finding a Profitable Mobile App Idea
Finding a Profitable App Idea Is One of the Most Critical Steps

Step 2: Build Your Strategy

Even though it may seem feasible to go right into app development without doing all of the necessary market research, it’s better to take your time and understand the big picture first. You may believe that your concept is unique and that no one else has ever thought of it. Simple Google searches, on the other hand, may leave you disappointed and provide you with many better options from prospective rivals. However, this may be a hint of good things to come. And this is because having a solid group of rivals will help: 

  • Educate you on your own niche’s app market landscape.
  • Show your mobile app’s interest to prospective consumers

This enables you to study your competitor’s apps and learn from your “rival” by studying how they execute certain ideas and answer user needs. Therefore, you’ll be able to learn about the market, pick out the best of it, and improve it.

If you’re looking into the mobile app development process, there are a few places you may not think to look. But they can offer you the greatest possible input on your upcoming mobile app:

Google Play and iOs app stores: Your best bet will be to look at the two most popular marketplaces for mobile apps to get a sense of app demand and popularity.

Kickstarter: With over a million projects already funded on Kickstarter, it’s easy to see what people want.

Step 3: NDA Signing

Online or offline, security is paramount for any business. You should thus sign an NDA with the right development company you want to employ before starting your mobile app development.

Before beginning development, the majority of the best app development firms have their clients sign an NDA. The NDA includes all information about your application development, and the company must furnish you with everything included in the NDA.

There are a few things you should keep in mind while drafting an NDA, and we’ve included them below to help you understand better:

  • The names of the individuals or organizations that signed the contract.
  • The length of time the project will take to complete.
  • In this case, it’s classified as confidential information.
  • Are there any confidentiality exclusions?
  • The project idea remains secure.
  • A declaration about the proper handling of confidential information.
  • Defining the project’s scope, method of communication, application features, technology stack, references/annexures, delivery phase milestones, scrum meetings, and file sharing, among other things.

Step 4 of the Mobile App Development Process: UI/UX Design

The design of an app strives to provide a smooth and easy user experience with a professional look. User adoption and usage of all the features of a mobile app determine its success or failure. Providing great user experiences and making your app engaging, intuitive, and user-friendly are the prime aims of mobile app UI/UX design.

While a well-designed user interface may aid in early adoption, your application must have a smart user experience to keep consumers interested. Users expect smooth and easy app experiences and an attractive visual design when they use an app.

Information Architecture & Workflows

If you want to build a successful app, you must first determine what data it will provide to its users and what data it will collect. Moreover, you must determine how users will interact with it.  

Mobile enterprise solutions for companies include users with various responsibilities and rights, and it is important to include these rules as part of the information architecture of your app. It is possible to see all of a user’s interactions with the app by using workflow diagrams.

Wireframes

Sketches on paper are commonplace for mobile app designers to begin the design process. A wireframe is a digital representation of a sketch. You may also call wireframes “low-fidelity mockups” since they help you visualize the functionality of your application.

The design and user experience are more important in wireframes than color schemes and styles. Iterating via wireframes throughout the design review process is a fast and cost-effective way to develop app layouts. When designing wireframes, keep in mind the device-specific aspects of the final product. If you have an iPhone, iPad, Android phone, or tablet app, it will offer a device-specific user experience that is easy to use.

Mobile Application Development Process - Wireframes
Wireframes Help You Visualize the Functionality of Mobile Apps

Style Guide

Style guides serve as “living documents,” documenting everything from your company’s branding guidelines to the app’s navigation symbols when it comes to app design.

Among the things you’ll find in a style guide are:

  • Do you plan on using a certain font family for the text in your app?
  • What color scheme do you have in mind?
  • What role will your company’s logo play in the app’s design?

Style guidelines help with the design approach of an app. Having a style guide in place from the start of your mobile app development process helps your developers work more efficiently. On the other hand, following a style guide will assist in maintaining the uniformity of your app’s look and feel. As part of your app design, you should examine Apple’s standards for iOS applications and Google’s guidelines for Android applications.

Mockups

These are the ultimate visual representations of your app’s visual design, often known as mockups or high-fidelity designs. Wireframes are used to generate mockups, which are then styled according to your style guide. Your app’s design will continue to evolve as it nears completion. Therefore,  anticipate changes to the workflow, information architecture, and aesthetics. The most common tool for generating high-fidelity mockups is Adobe Photoshop.

Prototype

Prototypes help replicate the end user’s experience and the app’s workflows. Prototyping takes time, but it’s well worth it since it allows you to test your app’s design and function early. Prototypes are useful tools for spotting potential changes to an app’s functionality.

During the wireframing stage, certain businesses prefer prototyping, particularly when the functional requirements of an app are not fully thought out. Alternatively, a focus group needs to examine the app’s planned functionality.

Step 5: Mobile App Development

This stage of mobile app development is still heavily reliant on planning. Before you begin any real development or programming work, you must first complete the following steps:

  • Decide on a technological framework
  • Choose a set of technologies
  • Set development milestones and stick to them
  • Backend/server technology, APIs, and the mobile app front-end are the three main components of a typical mobile app project.

Back-End/Server Technology

This part includes server-side objects and databases required to support the functionality of your mobile application. If you are modifying an existing backend platform to support mobile functionality, changes may be necessary.

API

An API is a way for an app to communicate with a backend server. 

The Front-End of a Mobile Application

In the front-end, an end-user sees and interacts with the native mobile app. Mobile applications are interactive user experiences that manage data through an API to communicate with a backend in most scenarios. Some apps employ local data storage when they need to enable users to operate without an internet connection.

Step 6: Testing the App

Stability, usability, and security are improved with extensive quality assurance (QA) testing done throughout the mobile app development process. It would help if you first created test cases that covered all areas of app testing to guarantee thorough QA testing of your app.

Test cases drive mobile app testing in the same way that use cases drive mobile app development. In software testing, test cases guide the execution of tests, document the testing results, and monitor the outcomes of subsequent retesting. Getting your QA team involved in the analysis and design phases is an excellent practice. An understanding of the functional requirements and goals of your app will aid in creating realistic test scenarios.

Your app should go through the following testing procedures to provide high-quality and reliable solutions.

User Experience Testing

The final implementation must reflect the app design team’s user experience for mobile app testing to be successful. Your app’s visuals, process, and interaction will all impact how your customers perceive it when they download it for the first time. The fonts, style treatments, and color schemes in your app should all be the same, as should the padding between data and the icon design and navigation. If your application follows the original design principles, users will be more likely to adopt it.

Functional Testing

The success of your mobile app is directly related to the precision with which it performs its functions. Many users should test your app’s functioning to cover as many different testing circumstances as possible. And this is because it’s impossible to anticipate every end user’s behavior and use scenarios in advance. One way to discover problems is to have two people test the identical functionality and report back with their findings that are drastically different. Both users may, for example, complete the same form but input different data, which leads to the discovery of a flaw.

Performance Testing

The performance of your app may be evaluated quantitatively using a wide range of parameters:

  • In what ways does your app meet or exceed the expectations of its users?
  • What is the speed of the app’s screen load?
  • How much does your app use battery and memory?
  • Is your app making effective use of the available network bandwidth?
  • Is your app using up more space than it should?

Use a load simulator to simulate the maximum number of concurrent users once your app meets the fundamental performance requirements. Your app must be able to withstand high use and still function properly.

Testing for Security Vulnerabilities

Mobile business applications are very concerned about security. A hacker may exploit any weakness to get access to your personal information. Many businesses contract with third-party security testing firms to ensure the security of their applications. A few easy steps taken by your QA and development teams may help protect your application.

Testing of Devices and Platforms

Every 12 months, new mobile devices with updated hardware, software, and designs hit the market. There are frequent updates to mobile operating systems. Many mobile device makers utilize Android as a base, but they modify it to work with their own devices (since Android is open source). The devices come in various forms and sizes.

New Mobile Application Testing
Comprehensive Testing Is Essential to Detect Performance Issues and Security Vulnerabilities

Step 7: Deployment & Support

App marketplaces such as the Apple App Store and Google Play accept native mobile applications only if submitted for review. Before launching your mobile app, you’ll need an Apple Developer Account or a Google Play Store Account.

The publication of an app in the app store necessitates the preparation of metadata, which includes the following:

  • The title of your app
  • Description
  • Category
  • Keywords
  • The Launch Icon
  • Screenshots taken from the Apple App Store

The review process for iOS applications begins after they are submitted to the Apple App Store and may take anywhere from a few days to several weeks, depending on the quality of your app and how closely you adhere to Apple’s iOS development standards. Apple needs a test user account as part of the release process if your application requires users to log in.

When you submit an Android app to the Google Play Store, it can take up to 3-7 days for approval. 

Once your app is out in the app stores, use mobile analytics tools to keep tabs on users and measure Key Performance Indicators (KPIs) to determine how successful it has been. Always keep an eye out for crash reports and other problems that users have brought to your attention.

Launching the New Mobile App
A Robust Launching Approach Is Also One of the Critical Steps of the App Development Process

Conclusion

After the first launch, app development will continue as you incorporate input from users and add new features. Treinetic is an award-winning mobile app development company. Over the years, we’ve worked with a wide range of businesses to build mobile apps.

We go through the same comprehensive mobile app development process to ensure consistency across all of our mobile applications. If you follow this enterprise mobile app development process, your app will have a successful launch. What questions do you have now that you’ve learned about the mobile app development process?

Please get in touch with us if you have any thoughts or suggestions. And reach us if you’d like to talk about your app development plans.

Flutter vs. Kotlin

Flutter vs. Kotlin: Which One To Choose For Your Mobile App?

Choosing between Flutter vs Kotlin has been a hot topic in recent years as cross-platform development has grown in popularity. Additionally, Allied Market Research forecasts that the worldwide mobile application market will reach $407.7 billion in 2026. And this creates a debatable battleground for supremacy in the development tools and frameworks for mobile apps.

So, to help you choose between Flutter vs Kotlin, we’ve put up this comparison today. What exactly is Flutter? What is Kotlin, and does it pose a threat to Flutter’s popularity? And what are the benefits of each technology? Let’s go through everything properly. 

Flutter vs. Kotlin: A Brief Overview of Each Technology

Flutter

Flutter is a Dart-based user interface toolkit developed by Google to build a native-like mobile app with a single codebase. It gives app developers the ability to use a single programming language to create applications for both iOS and Android. Additionally, you can use Flutter to develop macOS applications and are presently undergoing beta testing for web applications

As the official programming language of Flutter, Dart makes use of the Flutter Future class to enable asynchronous programming, which improves application responsiveness and speed. Additionally, the comprehensive toolset makes it an excellent choice between Flutter and Android Studio.

When Is Flutter Suitable?

Flutter is an excellent option for creating minimum viable products (MVPs) and prototyping applications in situations when time and resources are constrained. It is suitable for small, medium-sized, and even large-sized corporate applications. It works well in contexts where user involvement is critical to success, such as online stores, financial technology, and business applications.

5 Apps Built Using Flutter

Large corporations such as Alibaba and SpaceX have understood the advantages of the Flutter framework and have adopted it for mobile app development. The following is a list of the top five apps developed using this Google UI framework.

  • Xianyu
  • Pairing
  • Google Ads
  • PostMuse
  • SpaceX Go!
Features of Flutter
Flutter’s Features Make it an Excellent Choice for MVPs

Kotlin

Kotlin is a statically typed, open-source programming language intended to work with Java. As a stand-alone language, it outperforms Java in terms of features, integrating nicely with the older language. Due to its multiplatform capabilities, Kotlin enables developers to share code, logic, and data across various platforms, including iOS, Android, the web, and much more.

What is Kotlin Multiplatform?

This is a cross-platform mobile development kit created by the Google cross-platform mobile development team. Practical programming lies at the heart of Kotlin Multiplatform’s mission: to assist developers in fulfilling the increasing demand for mobile apps that work on multiple platforms. Also, there’s no need to write the code twice if you do it this way. Therefore, using Kotlin Multiplatform, you can build an iOS app and write an Android app.

Kotlin’s Multiplatform Advantages

Is Kotlin Multiplatform a game-changer in terms of cross-platform development? What benefits does it provide, and will it simplify the process of writing code? Here are the benefits:

1. Faster Development

Because one coder adds model objects, networking, business logic, and unit tests while the other developer plugs in the feature, Kotlin Multiplatform allows faster feature development. This method shortens the development time, particularly when new features are added.

2. Improved Code Quality

Concentrating your team’s efforts on a single cross-platform application leads to better communication, resulting in improved bug identification and cleaner code. On the other hand, a lack of honest and consistent communication makes it more difficult to detect mistakes early in the development process, delaying the project’s progress. This collaboration will also result in improved functional uniformity across the applications.

3. Maintainable Code

Due to the modularity and testability of the code, new developers joining your project will have no difficulty understanding what is going on.

Kotlin Multiplatform
Kotlin’s Multiplatform Can be a Game-Changer in Cross-Platform Development

When Is Kotlin Suitable?

Kotlin attempts to address many of Java’s shortcomings, but it still has a long way to go. Compatibility with Java is one of the reasons behind Kotlin’s popularity. Kotlin allows developers to integrate it into their current apps, cross-platform apps, and write server-side code.

Starting a new Android project or making modifications to an existing one is a breeze with this toolkit! Therefore, with regards to cross-platform applications of any size or complexity, it’s a solid option.

5 Kotlin-based Applications

Kotlin is used by several large companies, including:

  • Tinder
  • Netflix
  • Pinterest
  • Trello
  • Airbnb

Flutter vs. Kotlin for Android Development

Here’s a quick comparison between Flutter vs. Kotlin

Syntax and Language

In some respects, Kotlin and Dart are more comparable in terms of syntax. While Kotlin does not use semicolons, while Dart does, both languages behave identically when commenting and managing white spaces. Additionally, Kotlin and Dart are both Object-Oriented Programming Languages.

Flutter vs. Kotlin Performance

Both Kotlin and Flutter have respective advantages and disadvantages in terms of performance. The hot reload and hot restart capabilities of Flutter are two of the most impressive features. They allow developers to make changes to their code and immediately observe how the user interface changes, reducing development time and making it simpler to create apps.

On the other hand, Kotlin gives you greater access to native capabilities and components like the camera and Bluetooth. In comparison, Flutter does this via libraries written in native languages like Kotlin, Java, Swift, or Objective C.

Community Support

Both Kotlin and Flutter have a thriving developer community. However, given that the Flutter framework is relatively young compared to Kotlin, it seems to have a more active membership and increasing popularity. Additionally, the Flutter documentation is very thorough and up to date. This is a fantastic place to start if you’re new to the framework since it gives you information based on the learning curve and your own experience.

Pricing

Flutter is open source and completely free to use in terms of price while also providing the quickest method to build your MVP. Developing a mobile app using Flutter takes much less time and money, as you can use a single codebase to develop and maintain applications for Android and iOS at the same time.

The usage of Kotlin is likewise completely free and open-source. However, since the Kotlin SDK provides semi-native functionalities, the cost of developing a mobile application increases dramatically. Kotlin’s pricing implications make it a costly programming language, particularly when developing prototypes and minimum viable products.   

Speed

Flutter runs well but exhibits more delays than Kotlin, which is usually quicker because it compiles to the target platform’s format. If speed is critical, Kotlin is the superior choice. Thus, with regard to Flutter vs Kotlin, the winner is Kotlin.

Project Set-Up and Configuration

Kotlin uses the JetBrains integrated development environment (IDE), which includes the popular Android Studio. On the other hand, Flutter is compatible with a wider range of development environments than Kotlin, including Visual Studio Code and Android Studio. Flutter requires less time to set up and get started with a project than Kotlin does.

Summary of Kotlin’s Pros and Cons

Pros

  • Outstanding performance
  • Scalable
  • Straightforward learning curve
  • Support and maintenance of a thriving community

Cons

  • Costly development
  • Increased timeframe for app development
  • Kotlin only has a few third-party libraries

Summary of Flutter’s Pros and Cons

Pros

  • Reduced time required for application development
  • Hot reload feature
  • Elegant graphical user interfaces
  • Exceptional community support
  • Development of low-cost applications

Cons

  • Increased application size
  • An ecosystem of newer frameworks
  • The relatively nascent job market
Flutter vs. Kotlin Comparison
Flutter vs Kotlin: Both Come with Pros and Cons

Flutter vs. Kotlin: The Main Takeaway

There is no such thing as a fault-free framework or programming language; each has its own set of advantages and disadvantages. Flutter and Kotlin both provide superior performance and substantially reduce development time and costs. Even though it is new on the market, Flutter is more popular than Kotlin in certain aspects. On the other hand, Kotlin is more suited to developing Android applications. When it comes to cross-platform development, both provide native-like performance via a single code base.

As an award-winning software engineering firm, we believe that technology selection is highly dependent on requirements and other factors. We hope that this article has provided you with sufficient knowledge about Flutter vs Kotlin to enable you to choose the one that best meets your requirements.

Websites vs. Web Applications

Website vs. Web Application | What are the Differences?

The website vs. web application debate is pervasive in the IT industry, and for a good reason. You can access both via your browser. Both need an internet connection, and in 2021, most of the websites are responsive, and some of the web applications are also trying to support mobile responsiveness. To determine which one is best for your requirements in the year 2021, you need to know how to identify the differences between them.

As a software development firm specializing in mobile app development and web app development, we often discuss with our clients the purpose of each and explain how to distinguish between them. That is why we decided to provide a comprehensive guide for you in which we highlight the main distinctions between these two. Once you know a few tricks, it’s quite simple to tell them apart. Let’s get started with the website vs. web application debate.

What is a Website?

A website is a collection of content that a web server makes accessible and may be viewed using a web browser. It often consists of many web pages (such as Home, About Us, Products, Contact, and so on) that are identifiable by a single domain name. Its main function is to give information to users. On the website, we can find text and different multimedia assets such as photos and videos. It is a fixed and unchanging location on the Internet where users can only see published content but not do anything further, such as creating an account or purchasing.

When do you need a website?

A website is an efficient way to showcase your products and services. It may assist you in the following ways:

  • Attract new customers
  • Enhance brand recognition
  • Increase your sales.
  • Get new leads
  • Provide critical information such as business information, contact information, a pricing list, special deals, and so on.

Building a website is ideal for businesses that do not need complex functionality and prefer basic yet effective solutions. For example, if you want to build an informative page that contains basic information, such as:

  • About Us
  • Contact information
  • The price list
  • Images of the items for sale
  • Services provided
Websites with Multimedia Features
As Well as Text, You Can Have Photos and Videos on a Website

What is a Web App?

A web application is a software or a program that runs in a browser and offers a particular service to the user through an interface. For example, Google Docs, which is one of the most popular and used web applications today. Unlike a website, a web application is mainly targeted at getting a particular function done, such as making a reservation, paying, editing a document, etc.

You can easily identify a web application if it has the following characteristics: 

  • Making an account
  • It helps you manage your playlist
  • Banking applications that help us transfer funds
  • Booking hotels
  • Chatting

Web applications gained popularity as a result of the Software as a Service (SaaS) trend. They are capable of so much more than just informing, and they can even stand alone as a service. Most web applications have a free model where users can try it out with limited features or for a limited time, and if the service is good, they can switch to premium.

Web Application Development, Functions, and Features
A Well-Developed Web Application Is a Result of a Strategic Development Process

When Do You Need a Web App?

A web application is a tool that opens up a world of possibilities for you. For example, your business must share information and complete transactions with their target customers. And the web application can be a great and low-cost platform for this, allowing you to gather and retain all required data while also presenting the results to users. So, users can engage with your business through web apps such as shopping carts or content management systems.

Popular Web Application Types

Booking apps – enable reservations for lodging and visits, as well as payments for reservations made (Booking.com)

ERP systems – applications that are intended to organize tasks, such as storage or supply (Netsuite)

Social media services – enable users to establish accounts, networks, and communicate with one another (Facebook)

Medical and healthcare systems – provide for the long-distance patient and clinician communication, management of a patient’s electronic medical data, remote admissions, medication prescribing, and other functions (Hospital Information System)

E-learning platforms – utilized to conduct exercises, repetitions, and assessments, as well as to learn and manage progress (Udemy)

Online shops – allow for shopping, auctions, and other sales transactions (Amazon)

Marketplaces – are used to post different offers for both purchases and, among other things, job postings (OLX)

CRM (Customer Relationship Management) systems – apps that organizations use to enhance their workflow, customer management, and other functions. (Salesforce)

Content management systems (CMS) – used to build basic websites or blogs and manage digital content. Although it seems to the end-user to be a website, CMS enables far more convenient and sophisticated content management (WordPress).

Treinetic’s Final Thoughts

From the above website vs. web application comparison, we can see that building a website helps you brand your company. The most important qualities of a good website are superiority and relevant web content. A bespoke web application, on the other hand, is specially created for your business’s requirements. Therefore, it is fully flexible and scalable to match the needs and expansion of your business. And the essential characteristics of a successful web application are that it is cloud-hosted and highly scalable.

If you need to create a web application, contact Treinetic, your trusted web application development partner. We have experience working with many foreign companies providing solutions for their customers. We know what to look for and gather information to develop the best solution to build your web application.

Time and Material vs Fixed Price Contracts Treinetic pvt ltd

Time and Material vs. Fixed Price: Which to Choose for Your Project?

Today’s article will discuss the advantages and disadvantages of time and material vs. fixed-price contracts, as well as their practical use in software development. Why? Because early outsourcing agreements were typically based on a fixed price model, another prevalent business model, time-and-materials, is also widely utilized. Choosing the best price contract may be a difficult task. And this is because it should be compatible with your company’s operational procedures, contractual needs, goals, etc.

Fixed-priced and time and materials are the most popular and time-tested software development pricing methods. It’s worth mentioning, though, that today’s businesses use hybrids and combinations of their own. Because software development isn’t cheap, budget is one of the most important considerations. Startups and small businesses who wish to invest in an app are searching for ways to save money wherever they can. Therefore, let’s see what we can find out. Which is better for your project: time and material vs. fixed price?

Time &  Material vs. Fixed-Price Compared
You Must compare Time and Material vs. Fixed-Price Contracts First

Time and Material VS. Fixed Price – the Differences

We must first define the features before we can compare time and material vs. fixed price contracts.

Time and Material contract (T&M)

This is the best approach to calculate how much time and resources the project will take. It’s especially useful when we can’t foresee whether or not the project will change over time or when we think it will.

When establishing an hourly cost for software development services, the Time and Materials contract analyzes several variables. And this may include things like each project participant’s compensation or the time and money spent on face-to-face meetings. It’s important to note that this contract covers project management, communication with the development team, and other tasks related to the product’s development and implementation.

When should you utilize the T&M pricing contract?

  • Projects with a long timeline and changing needs
  • The project’s scope is yet unknown.
  • You want the freedom to change the scope or the workloads.

Fixed Price contract

As the name suggests, a fixed-price contract is an agreement in which the cost is unaffected by the usage of resources or the amount of time spent on the project. The client has to pay one fee to get the product. It’s a straightforward setup that reduces paperwork and negotiating time. Therefore, the fixed-price contract is the inverse of the T&M contract.

Based on their previous experience with comparable projects, the vendor sets the pricing. This may be a trap since each product is unique, making it difficult to estimate the precise amount of time and resources required. However, if the app, website, or other software has comparable characteristics to the developers’ previous work, they can typically offer a reasonable amount of money for the customer to pay.

When should you utilize a fixed-price contract:

  • Specific criteria and deadlines
  • Budget constraints or a restricted budget
  • MVPs
  • Small projects with a restricted scope of work

As can be seen, these two kinds of contracts are opposed. Time and material vs. fixed price contracts provide varying degrees of flexibility and are appropriate for a variety of needs. Now we can take a deeper look at who may profit from each pricing plan, as well as its advantages and disadvantages.

The Benefits and Drawbacks of a Time and Material Contract

This is Treinetic’s recommended pricing strategy. We welcome it since it addresses the client’s requirements as well as the budget. T&M provides you with a specialized team of experts that may be tailored to your specific needs. There is no issue with altering the course of your project and requires a new skill set or more programmers for whatever reason.

Pro: Better control over the project

The time and materials pricing approach is popular in Agile development because it allows the client to participate. This typically includes sprints, iterations, and frequent meetings to discuss progress and future actions.

Pro: Extreme adaptability to changing needs

The Time and Materials model allows for modifications and adjustments to the production process. If the client has a budget, adding, eliminating, and enhancing each feature to get the intended impact is not an issue.

Pro: A quicker project start and a more dynamic decision-making process

The project’s early launch will help a large number of entrepreneurs. They should also make choices while the development process is still in progress. This allows them to adapt to the requirements and pains of their target audience, which may change at any time.

Con: Uncertainty for the timeline

As this kind of contract is extremely flexible, disadvantages and problems may arise. The deadline may become a distant date in the indefinite future if we lose control of the project.

Cons: Less budgetary control

Work that is not constrained by a strict plan and timetable, as with a Fixed Price contract, implies that we may wind up paying considerably more than we intended. A solution to this problem would be to apply common sense and only request additional features to help our company. When calculating expenses, keep in mind that developers in different regions charge varying rates, as Statista demonstrates.

Con: The need to be much more involved

Time and Materials may not be ideal if the clients do not want to be a part of the team. It necessitates their presence and, in many cases, active involvement.

Time & Material Contract - Pros and Cons
Pros and Cons of Time and Material Contract

The Pros and Cons of a Fixed-Price Contract

Pro: Being certain about the cost

This price arrangement provides both parties with consistency, which may be advantageous for startups or small businesses with a flexible budget. They pay the agreed-upon amount and don’t have to worry about anything else. That may be risky for the software development company, but they receive some pay upfront, so it’s a win-win situation. However, if anything changes while they’re working on a project and need additional money, they won’t obtain it unless their client is willing to negotiate.

Pro: Established deadlines

Fixed-price contracts require careful preparation; every element must be taken into account when estimating prices. This method makes predicting how much work the project will take and when completed much simpler. This is critical for all clients who care about time-to-market.

Pro: No need to control the process

Clients who do not wish to be overly engaged in the work process may benefit from a Fixed Price contract. The first planning step provides a clear path for the development team to follow. The client does not need to have as much control over what is going on and may concentrate on other business operations.

Con: Longer preparations

According to GoodFirms, the average time to produce bespoke software is 4.5 months. However, as previously said, much preparation is needed to determine the most accurate pricing for the developed software. But when it comes to short deadlines, this may be a disadvantage. Even so, we may not be able to prevent certain communication misunderstandings while the project is continuing.

Con: Higher cost of the project

Because there will be no budget adjustments throughout the project, the software development firm must anticipate all possibilities and be prepared. To minimize risks, the price under the Fixed Price model should contain a reserve.

Con: Worse response to changing conditions

If the market scenario unexpectedly changes, the only option for modifications is within the budget, which may be limited given the previously stated strategy. Furthermore, if the client has an idea that would be far more useful to the company, it may be impossible to implement it under a Fixed Price contract.

Fixed-Price Contract Pros ans Cons
Pros and Cons of Fixed-Priced Contract

Which Should I Choose: Fixed Price or Time and Material?

Both kinds of collaboration models have upsides and downsides. Therefore, they are best suited to certain projects. A Fixed-Price contract is a suitable choice if you have a small project with clear instructions or are certain that no modifications will be required. You will be aware of the project’s cost in advance, and your product will be produced on time. However, it would be best if you were prepared for unforeseen problems or mistakes that may cause you to miss the deadline, incur extra expenses, or leave you with an incomplete project.

A Time and Material contract might be a preferable option for bigger or longer-term projects. It provides product development freedom and control while also assisting you in staying under budget. However, since there is no exact end price or deadline date, you must keep track of the expenses and the project’s progress. T&M also requires regular communication between your team and the developers, so you’ll be spending a lot of time in meetings. Please get in touch with us if you are having difficulty selecting the appropriate model for your project. We can help you.

How To Make An App Requirement Document – 1@2x

Tips to Write a Mobile App Product Requirements Document

From concept to full-scale development, the detailed vision is critical to making the app the next great success. The app development will be outsourced, or the stakeholders will fundraise. But it isn’t easy to communicate the unique app concept to the development firm without a written product requirements document (PRD). 

It should be no surprise that you can get the developers to build the app or persuade the stakeholders to invest with a verbal description of the idea. Nevertheless, the final result will never be the same as you imagined. Finally, time, money, and effort will be squandered since little information is given during the app concept description. 

Clear, concise, and accurate app concept documentation may help prevent such misunderstandings and outcomes. In addition, you may be aware of the importance of creating a one-of-a-kind app in today’s world. That’s because, according to app use statistics from Web Builder Org, there were more than 250 million daily app downloads between 2019 and 2020. As such, there is both high demand and a high level of competitiveness.

App Development Revenue 2014-2023
App Development Revenue Is on the Rise Since 2014

What Exactly is a Product Requirement Document?

The product requirement documentation is a critical component of the app development process. And that’s because it specifies the features, functions, and requirements for each development phase. It’s a set of guidelines for developers and designers to follow to execute things consistently. The comprehensive picture of the eventual product assists in determining the time, money, and resources required. Also, it’s important to establish effective communication throughout the project and to avoid possible risks.

Documentation is a continuous process that iterates as the project progresses rather than a one-time action. It’s a great method to demonstrate a solution to any issue while never causing the team to make erroneous assumptions.

Why Should You Create a Product Requirement Document?

You’ll need a team of developers to convert your concept into a shippable mobile app. Finding the right team isn’t the difficult part. The difficult aspect is presenting your mobile app idea to developers so that they see it in the same way you do. Furthermore, according to Boehm’s study, rework may cost between 40% and 50% of the overall cost of all software development. And requirements mistakes account for a large portion of rework. A PRD can avoid such mistakes to a greater extent. 

Producing a mobile application product requirements document enables you to ease communication with other stakeholders. Don’t be afraid to spend time in product requirements engineering since the potential return is obvious.

Other reasons to write a PRD are as follows:

  • Increase your own self-assurance.
  • Check that the finished app satisfies your quality standards.
  • Limit scope creeps.
  • Spend less money.
  • Make your thoughts known to developers.
  • Rapid development and delivery are available.

What are the Product Requirement Document’s Key Points?

Goals and objectives

The product you want to build, the issue it will address, the fundamental features that will solve significant difficulties, and the individual who will gain the most from the product, in general, are all described in this part. It is just a concise and high-level explanation of the application’s concept that provides the development team with a thorough knowledge of the product.

Product Requirement Document - Determining Objectives
Goals and Objectives Determine What Features the App Must Have

Personas for Users

The developers may design the product through the eyes of the intended consumers. And this reduces the chance of the app rejected by the target user base. It is beneficial to explain the target audience and how the mobile application will meet their requirements.

Functional requirements

Every product requirement document’s core contains a list of all the features included in the product. The comprehensive description contains a map of all the functions distributed over several screens. It also has a priority system that keeps developers and businesses on the same page. It’s also essential to describe the initial set of features and the features that need introducing soon. And this is because it enables product scalability and the replacement of the specified features is a breeze.

User stories

User stories are high-level interactions between end-users and the product that should be depicted to provide developers with an understanding of the technical requirements and help them build a compelling business case. Can you see how? User stories provide mobile app developers with a description of a feature from the viewpoint of the end-user. Therefore, this aids in the creation of the finest content architecture and design. Excellent interface design and user experience may be created.

Sitemap

This document component illustrates a complete list of all the screens that will include different functions. Also, it illustrates the screen flow that will facilitate navigation. The sitemap assists in properly mapping all of the screens. And this is necessary to ensure that the hierarchy between related pages never makes the connection between mobile app screens unclear. Finding superfluous components and user problems becomes a breeze when developing the product’s systematic structure.

Technical specifications

The developers will better understand the technical knowledge needed by the project thanks to the clear description of the technology and technical elements underlying the product being produced and its capabilities. When describing the technical specs of the product, try to be as concise as possible. However, if you are uncertain about complicated technological issues, developers can assist you. So be open to developers’ ideas and criticism.

Wireframes

Another approach to graphically define the app’s product needs is to create wireframes. The wireframes are an additional tool that informs developers on:

1) How will the screens be linked?

2) What and how will features go in?

3) The app’s behavior when a new screen is accessed and its effect on the user experience.

It provides a clear picture of the app’s UI, allowing for wireframes by hand.

Product Requirement Document - Blueprint Wireframes
Wireframes Provide a Clear Picture of the App’s UI

Maintain presumptions

All of the expectations for the product’s success need establishing under the assumptions. They are defined in terms of the market niche’s knowledge, expertise, and experience and the target users’ knowledge, expertise, and experience. Presumptions primarily comprise assumptions about users, business, and technological resources.

Provide constraints

Trends change quickly. Therefore, it may be detrimental to the app if you fail to release an app with critical functionality in the market at the appropriate time. You must guarantee that the app does not miss a major hit. Thus, it’s necessary to establish time, resource, and budget limitations to ensure that the app is developed within the scope and budget specified within the given timeframe. Furthermore, the quality criteria and risk considerations may help the development team deal with problems appropriately.

Considerations for Your Product Requirements Document

You must keep some critical factors in mind while creating your product requirements document. To begin, it is critical to draw on the diverse experiences and perspectives of different team members. Collecting this information will aid in the development of detailed definitions for the various parts of the PRD template.

Second, when you fill out the PRD form, make your answers and definitions for each defined area as high-level as possible. While particular criteria may seem apparent to you, others reading the paper may have a completely different viewpoint. By removing industry-specific terminology, the paper will be easier to comprehend for everyone. As the product develops and needs change, it is critical to ensure that everyone understands what you convey.

Treinetic Can Help You to Make Your App Concept a Reality 

Creating a mobile app requirements document’s ultimate aim is to provide the groundwork for a successful product. Make sure you map out every business and technical need. Also, explain all dependencies, restrictions, and assumptions to give your team the firepower it needs to get your project off the ground. Even with the most comprehensive product requirements document, questions are likely to arise throughout development.

It is critical to constantly concentrate on providing better value to the marketplace while defining the product. It’s easy to get sidetracked by rivals, agitated consumers, and architectural problems. While you must understand those requirements, try to keep the value in mind while developing a fantastic product. Don’t be concerned if these theories seem to be too complex for you. We can help you with all critical steps as an award-winning software engineering firm.

Build your own dedicated software development team with Treinetic@2x

How Dedicated Software Development Team Help Businesses Grow

Why should you employ a dedicated software development team? That’s because the business world is changing faster than ever before as a result of new technology. This transformation has fundamentally altered the way businesses operate at all levels. The big race for an ever-increasing number of businesses vying with one another is to embrace new technology. Hiring a dedicated development team is becoming an effective way of dealing with this.

It is increasingly difficult to rely on an in-house IT staff to research, adapt, and create new technologies. In particular, in a world of rapidly expanding, readily available technology. It may also be difficult and wasteful to recruit new employees whenever new gear or software is introduced into the process. This is a situation in which employee outsourcing may be advantageous.

What Is a Dedicated Software Development Team?

A dedicated software development team is a long-term collaboration model with an outsourced team of developers in which a business and a developers’ team cooperate. This is a very common mode of collaboration, on a level with fixed pricing (FP) and time and material (T&M) models. 

If you opt to set up a dedicated development team, you will have a team of experts that have been hand-picked to work exclusively on your business goals. This team is similar to an in-house team in that they are officially your employees. However, unlike workers, you do not have a specialized staff to deal with administrative, human resources, tax, and social benefits problems. Instead, you may concentrate on higher-level business problems while your development partners handle the rest.

To summarize, a dedicated team model offers you a hand-picked expert team that is only focused on completing a single project. Furthermore, all administrative costs are on their side.

Dedicated Development Team Model
The Dedicated Software Development Model Is Flexible and All-Inclusive

How Much Does It Cost to Hire a Dedicated Development Team?

 It isn’t easy to give exact figures here. But as per Deloitte’s 2020 Global Outsourcing Survey, the main motivation for outsourcing is to save money (up to 70%.) The price strategy for a dedicated team is straightforward. Since you hired a team, each person has a set hourly rate, and you only pay for the hours performed. This is the only item you have to pay for. There are no additional costs for renting an office for a team, purchasing equipment, paying taxes, paying energy bills, and so forth.

Who Is In A Dedicated Software Development Team?

Your company’s needs determine the makeup of your team. Therefore, your development team might include:

  • DevOps engineers
  • Quality assurance specialists
  • Business analysts
  • Front-end and back-end developers, full-stack engineers, mobile developers
  •  UX/UI designers
  • Product managers
  • Project managers

Signs You Should Hire a Dedicated Team

The dedicated software development team approach is perfect for complicated long-term projects that can grow in the future. A professional development team is a good option when your concept lacks the product-market fit and requires a discovery stage.

Startups in their Early Stages

If you’re a startup in its early stages, you’re expected to expand. In this scenario, opting for a dedicated team is a wise decision. This method will easily create a team, save money on recruiting, and develop better products. While your in-house staff is free to focus on business-related activities, the augmented team handles the extra work.

Projects with Uncertain Requirements

A specialized team is a way to go when your concept lacks a product-market fit and requires a discovery stage. Because the discovery stage establishes the foundation for the project’s whole development process, it may take months of testing and interviews to resolve ultimately. The dedicated team approach gives you the time and resources you need to concentrate on the discovery stage without worrying about overpaying.

Long-Term Projects

The dedicated team model is appropriate for complicated long-term projects with the capacity to grow. To fully understand the potential of your project, you’ll need a strong team of developers to help you along the way. You may be certain that the individuals you begin working with will see the project through to completion if you work with a committed team.

In addition, let’s take a brief look at technological behemoths like WhatsApp. They requested the assistance of a dedicated team of developers to assist them in building the iOS app. Apple, Oracle, American Express, IBM, Verizon, Amazon, Doist, Automatic, Buffer, and 10up are among the businesses that use the dedicated team strategy.

Dedicated Software Development Teams for Complicated Projects
Dedicated Software Development Teams are the Best Choice for Complicated, Long-Term Projects

How Can Dedicated Software Development Teams Assist Businesses in Growing?

CRM software, which focuses on monitoring and enhancing company interactions with existing and prospective consumers, is projected to generate more than $43 billion in sales by 2021, according to Statista. These are all huge numbers, and they indicate that you can do well with software development. As such, you will need a dedicated software development team to assist you in growing your company.

Increased Productivity Will Help You Grow Your Business

Because of the fast-paced nature of the software development industry, productivity and speed of work are more important than ever. Having these variables optimized at all times may offer your business a competitive advantage. Hiring specialist development teams may assist you in optimizing these elements of your work.

It can save time and money by outsourcing project components to a competent, specialized software development team. These same developers will be accustomed to working in this outsourced manner, eliminating the need for time-consuming adaptation. They already can adapt to a client’s requirements built into their processes.

These outsourced teams often collaborate on comparable projects. When you employ a dedicated development team, you also receive expertise working fluid, effective, and dynamic teams. This is a critical advantage that you wouldn’t easily or promptly when recruiting conventionally.

Control Over the Project Will Help You Grow Your Business

The benefit of this outsourcing approach is that you maintain complete control over the project. As a client, you may participate in as little of the process as it fits your needs. For example, you might employ a dedicated development team and delegate project management to them. Or, you may employ them and work directly with the team to accomplish your objectives in a more hands-on manner.

These advantages stem from the nature of this outsourcing strategy. You have the freedom to choose the team that is most suited to your project based on the developers’ abilities. Then you always have the option of adding additional team members, taking advantage of a large pool of expertise. A superior team leads to increased business growth in a variety of ways.

No Hardware/Software Requirement

Typically, a business will need to spend significant money establishing workspaces, collecting digital resources, and recruiting the smartest personnel while developing software. This may include both large expenditures, such as office space, and minor ones, such as buying the appropriate software to work with.

However, if you hire a dedicated team, you will not suffer these extra expenses. These teams have already set up their workstations and gathered their resources. You are just paying for their time and skills. You may reinvest all of these extra costs into the expansion of your business. And this is one of the most significant benefits of hiring a dedicated software development team.

Flexibility

The benefits of assembling a dedicated team of developers cannot be emphasized. Because they only concentrate on one project at a time, they can devote their whole attention to it, allowing you to work on other tasks. This adaptability is essential not just for small businesses but also for bigger corporations. The additional degree of team management and control given to a business is a significant benefit.

This implies that if you need to make adjustments or alterations while the job is being done, inform the team, and they will modify and adapt.

Faster to Market

Hiring a team of experts who have been working together for a long time relieves you from the agony of early attrition that freshers experience before gelling. The team members’ familiarity determines the ability to skip the learning curve and come up to speed faster.

A Harvard Business Report has scientifically shown that even a 50% increase in software developers’ team familiarity lowers coding errors by 19% and the budget by 30%.

Faster to Market with Dedicaed Development Teams
You Can Send Software Products to Markets Faster with Dedicated Teams

Your Business Can Win with a Dedicated Development Team Help

In a nutshell, yes. Hiring a dedicated software development team offers much more benefits than drawbacks. You may benefit from these outsourced experts’ knowledge, skills, and experience. You may also save a lot of money using this outsourcing approach since you won’t have to pay for onboarding or legal fees, typically connected with employing new employees. And all of these benefits contribute to the growth of your business in many ways.

Why not employ a dedicated software development team now that you know how they can help your business grow? However, it is important to note that the team’s competency you choose has a significant impact on business growth. This is when Treinetic, an award-winning software engineering company, comes in useful.

Hiring remote teams through Treinetic@2x

Myths About Companies Hiring Remote Development Teams

Are you puzzled by the myths surrounding companies hiring remote developers? Don’t be concerned. We’re here to dispel myths and show you what’s right and wrong. We’re assuming you’ve heard that employing remote developers is a terrible idea. Perhaps you’ve even turned down a promising developer since they don’t live in the same location or time zone as you.

However, the notion that companies hiring remote developers is a negative thing is a myth that may lead you to miss a pool of extremely competent individuals. As evidence, we encourage you to review Remote Work Statistics. Also, if you think working from home is a terrible idea, this CoSo Cloud Survey article may persuade you otherwise. OK, so you’re still dubious about the usefulness of remote developers in today’s workplace. We will debunk the misconceptions so you may comprehend the truth.

Myths About Companies Hiring Remote Developers Busted

Myth #1 Remote Developers Speak English poorly

Let’s start with the most important one. Many remote developers in countries like Europe or Asia do not speak English as their first language. However, this does not imply that they are unable to communicate effectively in English. Professionals from such locations can speak and write English like native English speakers.

However, since English is not often their first language, you will undoubtedly come across developers who speak poor English or cannot communicate effectively with you. But here is where vetting comes into play, which is why, at Treinetic, excellent English is our very first screening test.

Myth #2 Companies Hiring Remote Developers Sump Productivity

Remote recruiting is becoming a sensible business decision for established tech firms of all sizes. Nevertheless, how can you be certain that remote team members will concentrate on their tasks?

According to research by Harvard Business Review, there is good news. Employees who were allowed to work from home for nine months outperformed the control group of onsite workers by 13.5 percent. Furthermore, remote employees were happier and less likely to quit.

Remote developers must confront the same productivity hurdles as their onsite counterparts after being recruited. That is, everyone’s challenge is the requirement for practical development goals, clear communication and objectives, automated tools, and reducing the necessity for debugging.

Benefits of Remote Working
Considering These Benefits, Remote Working Results in Increased productivity

Myth #3: Managing Remote Developers Effectively Is a Tough Job

It all ultimately comes down to the competence of the remote developers you employ. The most competent remote developers can successfully manage their working hours and duties without the project manager hovering over their shoulders. However, this does not prevent you from making them feel welcome and a member of the team. You should arrange frequent check-ins and team calls and keep them socially updated to make them feel at ease.

Myth #4: Remote Developers are Inefficient

Consider the possibility that you are no longer tied to your company’s desk and can work from any place. Now, you don’t even have a boss watching over your shoulder anymore. What would you do in this situation?

If you went home to work right now, chances are you wouldn’t get much done (at least not if you haven’t done it regularly before). Working from anywhere requires experience and acquiring many skills to remain focused, productive, and even healthy. As a result, if you were concerned about companies hiring remote developers due to this “lazy” aspect, you now know what is going on.

Myth #5: Teamwork and Company Culture Will Suffer

There are three types of concerns regarding remote employees integrating into your local work culture:

  1. Remote developers will not share the work ethic of your business.
  2. They will not be held to the same standards as your onsite staff members.
  3. They will never be a member of your team.

When individuals talk about culture in the recruiting process, they generally imply work ethic and moral standards. They, like non-remote employees, need positive testimonies and recommendations from previous employers to advance their careers. Reliable remote developers will typically work hard to earn your confidence and demonstrate their value to the business.

Smart developers are not just technically astute but also socially intelligent and thoughtful professionals. They understand that it pays to be trustworthy and responsible since their success or failure is based on the strength of their reputation.

Remote developers (particularly those with extensive experience) have worked according to various norms and procedures in various settings. They understand how important it is to try and try again to fit into your environment. Therefore, hiring remote developers isn’t a terrible option in this case, either.

Culture for Remote Development Teams
Competent Remote Development Teams Seamlessly Blend with Your Company Culture

Myth #6: Remote Developers Always Over-promise and Under-Deliver

Certain cultures worldwide are more eager to please, and as a result, will overpromise and underdeliver. However, developers from other nations who have worked with international clients for a long time have learned to account for cultural differences and provide accurate estimates, deadlines, and expectations. This myth only applies if you employ someone without thoroughly verifying the developer with whom you work.

This is why, at Treinetic, we subject our developers to a test that expressly looks for this kind of behavior. Each developer is put through a test project that requires them to reset expectations when needs change and verify they understand how to prevent over-promising and under-delivering.

Remote Developer Myth #7: Our Sensitive Data Will Be Unsafe

Given the many security breaches and events that occur daily, it’s understandable to be worried about data protection outside your firewall. The good news is that remote developers worldwide have access to many excellent, low-cost security solutions.

What Could You Do?

You may already have the necessary resources to protect your data offshore. Consider the following strategies:

  • Sign a non-disclosure agreement. It’s an essential aspect of data security and a smart place to start when safeguarding sensitive information.
  • Begin with safe cloud-based services. By providing remote workers with cloud-based applications, they access software and procedures that are often as secure as those used in local operations.
  • Set up security procedures for remote team members. This entails implementing tried-and-true security methods such as two-factor authentication and virtual private networks (VPN). These measures significantly decrease the likelihood of malware infections and security breaches.
  • Describe in detail your security requirements. Ensure that remote team members understand and adhere to your security requirements.

Myth #8: Qualified Remote Developers are Hard to Come By

Not unless you know precisely where to look. The source of the remote development team is directly related to the quality of the contract developers you employ. Through any worldwide remote work staffing site, you may engage individual consultants or contract software developers. An increasing number of outsourcing sites exist to link customers with remote developers.

Many independent consultants and developers use these websites to exhibit their skills and access a large pool of possibilities.

We are, for example, an award-winning software engineering company that promotes a remote work culture. Our development team has worked with both domestic and international customers for many years. Employing remote developers may be a better option for businesses than having in-house teams.

Myth #9 Communication with Remote Developers Is a Nightmare

We live in the twenty-first century, where the Internet connects the whole globe. And there are many communication options for interacting with remote teams, just as there are for conducting day-to-day discussions with in-house teams. Furthermore, experienced software engineering firms like ours have all of the required sophisticated communication tools available at all times to ensure efficient collaboration.

Communication Tools for Remote Development Teams
There are Many Communication Tools Available to Collaborate with Remote Development Teams

Myths Dispelled, It’s Time to Make the Right Choice!

In every physical or remote profession, there will always be individuals who are under-skilled or unproductive. The key is to have a robust screening process in place or a trustworthy partner that can offer you developers who have previously been vetted via a solid procedure.

There are certain advantages to employing onsite developers, just as there are distinct advantages to hiring remote workers. What we’ve come to appreciate about companies hiring remote development is how it brings to light communication, trust, and productivity problems in onsite teams that you didn’t know existed until you brought in a remote element. It’s only a matter of knowing how to manage remote teams effectively like you would have to do with your in-house team. 

How to use amazone web services@2x

How Can Amazon Web Services (AWS) Help You Thrive? 

Amazon Web Services (AWS) is the cloud platform of choice for most business clients across sectors. Thousands of businesses, including Johnson & Johnson, Siemens, Shell, Goldman Sachs, Coca-Cola, and Comcast, use AWS to generate new income streams, enhance operational efficiency, and minimize business risks.

AWS is chosen by businesses to help them become more flexible, inventive, and efficient. With AWS, you get the highest rate of innovation, the most comprehensive and deep functionality, the most established operational competence, and the most secure computing environment.

Billion-dollar businesses that use AWS indicate that you can take your business to the next level with Amazon’s comprehensive service. Moreover, AWS and the AWS Partner Network can help you develop unique and modern products and services and bring them to market faster. Therefore, you can keep ahead of your changing business requirements by using their expertise with more than a million active customers.

What Exactly Is Amazon Web Services?

Amazon developed AWS as part of its internal infrastructure in 2006 to manage its online retail operations.. And now, according to Statista, AWS revenue has been projected to exceed 45 billion US dollars in 2020. AWS cloud computing offers a simple, flexible, and highly reliable cloud foundation platform. Also, this has been supported by a large number of organizations all around the world. China, the European Union, North America, South America, Canada, and many more countries are covered. 

Amazon Web Services - Market Shares Growth
AWS Is Rapidly Becoming the Market Leader According to Yearly Statistics

These regions are large enough to guarantee that AWS is stable and protected from the impacts of interruptions and other faults. These are some of the functionalities included in AWS:

  • Themazon DynamoDB is a NoSQL database management system.
  • Amazon Aurora is a relational database management system with excellent performance.
  • Amazon Lightsail is a corporation that manufactures and manages virtual private servers.
  • Themazon SageMaker is a cloud machine learning software that facilitates, trains, and deploys AI models on a large scale.
  • Amazon EC2 refers to cloud-based flexible virtual servers.
  • The Amazon Simple Storage Service (S3) is the cloud’s accessible capacity.
  • The AWS Lambda service executes code without regard for servers.
  • Amazon RDS is a relational database management system compatible with Prophet, MySQL, and SQL Server.
  • PostgreSQL, MariaDB, and so forth.
  • Amazon VPC refers to a large number of separated cloud assets.

All in all, startups may flourish by using these services. We don’t simply say it around here. We provide several advantages of utilizing Amazon Web Services for businesses of all sizes:

AWS also offers a free tier for every new signup, allowing users to test most AWS services for free. 

Amazon Web Services Benefits to Help You Grow Your Business

Although there are other cloud service companies in the market, Amazon’s customers include some of the world’s largest corporations, including Comcast, Adobe, Dow Jones, and PBS. And the reason for this success is the unique benefits that AWS provides.

Among the many advantages of AWS are:

1. Amazon Web Service is Comprehensive

Because of AWS’s commitment to training and instruction, transitioning from on-site stockpiling to the cloud is simple. The cloud powerhouse provides a wealth of information on their website. And the information includes documentation and instructional videos for getting started with AWS and information on their many facilities.

Furthermore, AWS offers a Partner Network of specialist companies that assist customers in structuring, engineering, manufacturing, migrating, and managing their workloads and applications on AWS.

2. Cost-Effective Resources

It’s critical to use the right instances and resources for your workload if you want to save money. A reporting procedure, for example, could take five hours on a smaller server but just one hour on a larger, more costly server. Although both servers provide the same result, the smaller server costs more in the long run.  And this is why WS provides several customizable and cost-effective pricing choices for acquiring instances from Amazon EC2 and other services in the most cost-effective and time-efficient manner. 

You may pay for computing capacity by the hour with no minimum obligations using On-Demand Instances. Save up to 75% on On-Demand pricing with Savings Plans and Reserved Instances. In addition, Spot Instances allow you to take advantage of idle Amazon EC2 capacity and provide savings of up to 90% off On-Demand pricing. When the system can tolerate using a fleet of servers where individual servers can come and go dynamically, Spot Instances become a viable option. And these may include stateless web servers, batch processing, or when leveraging HPC and big data.

Appropriate service selection can also reduce costs and usage. For example, using CloudFront to reduce data transfer or Amazon Aurora on RDS to avoid costly database license fees.

3. Versatile

Regardless of whether you are going into the cloud for the first time or migrating from another cloud service platform, AWS offers every asset you need to improve your IT infrastructure.

Their approach aids in scaling assets up or down. And this implies your business won’t have to worry when the volume is a problem or when requirements change. To identify the needs of your framework, you do not need to make any wild assumptions or engage in any scientific research. As you are aware, guesses may lead to business catastrophes, but AWS avoids them.

You may use auto-scaling to create a self-monitoring framework that adapts to the real needs based on the traffic and assets utilized. Amazon Machine Images (AMIs) enable you to create clones in different areas for varied circumstances in a matter of minutes. And this eliminates the need to repeat the setup steps each time.

4. Enhanced Security of Amazon Web Services 

AWS prioritizes protecting your company from possible data breaches and the danger of hacking. They have several well-recognized compliance affirmations and adhere to global security regulations. As a business, you should not neglect security. A Statista survey found that the average cost of all cybersecurity threats to companies employing between 250 and 999 employees in 2020 was 133 thousand dollars.

NASDAQ, HealthCare.Gov, and Dow Jones utilize the AWS platform to demonstrate how reliable and secure AWS is as a cloud service. AWS has built a world-class, highly secure infrastructure, both physically and digitally. Listed below are some of the elements of the AWS site’s safety efforts:

  1. Numerous geographical districts and Availability Zones allow you to remain flexible even in most failure scenarios, such as system non-compliance or natural disasters. You may use Identity and Access Management (IAM) with CloudTrail to monitor all tasks completed by different clients.
  2. A professional security team monitors server centers 24 hours a day, seven days a week, and access is carefully authorized on the least privileged basis.
  3. The ability to create built-in firewall rules that range from completely open to fully private, or in some instances, somewhere in between, to restrict access to events. Also, Amazon Web Services’ improved security may help you take your business to the next level by safeguarding your priceless digital assets. 
AWS  Cloud Security Tools
AWS’s Cloud Security Tools Can Keep Your Business Safe from Cyber Criminals

5. Enhanced Productivity

Using AWS to power your cloud computing means avoiding the responsibilities and risks of controlling the internal IT infrastructure. It also lowers the requirement for IT support staff, saving your business time and money in the long term.

Increased productivity immediately helps company development in an infinite number of ways. Therefore, if you’ve been searching for a method to boost your company’s productivity, consider AWS from now on.

6. Innovation

Many experts across the globe believe that it is not just Amazon Web Service’s low price but also its dedication to innovation that allows it to brag about having the names of many of the world’s top corporate brands on its client list.

When it comes to pricing, AWS may face competition from Microsoft and Google. Nonetheless, no other cloud service provider in the market can successfully compete with Amazon Web Services in terms of commitment and innovation.

7. Amazon Web Services are Flexible and customizable

AWS allows you to choose the operating system, database, programming language, and other assets that work best for your team. You are not tied into an unfamiliar system that ends up costing your team time and money rather than freeing up resources to enable your business to continue to develop and sustain itself. This level of flexibility, when combined with Amazon’s characteristic simplicity and user-friendliness, is extremely appealing to certain companies.

Yes, AWS is superior. Why? Because It offers many businesses seeking a cloud storage solution or application host a quick, versatile, secure, and cost-effective option. Many vendors have benefited from the AWS cloud. Also, they have utilized this simple platform to suit their business and IT requirements. 

8. Disaster Recovery

There will always be things beyond your control, no matter how well-managed your company’s internal processes are. And in today’s market, even a small amount of ineffective downtime may have a significant impact. While there is no way to avoid or predict disasters that may harm your business, you can significantly speed up the recovery process. AWS enables rapid data recovery in a variety of disaster scenarios, including natural disasters and power outages. 

Amazon Web Services Benefits
You Can Raise Your Business to the Next Level with AWS’s Benefits

Treinetic Has Faith in Amazon Web Services

With the world’s most complete and widely used cloud platform, you can scale and pay as you go, minimize risk, and promote innovation. Today’s small and medium-sized businesses are embracing new business models and moving to more adaptable IT systems. And this allows them to adapt to consumer demands more quickly and proactively enhance products and services while lowering costs and freeing up resources for important initiatives.

In summary, Amazon Web Services enables millions of businesses worldwide to drive innovation and create value by providing low-cost, on-demand cloud solutions. And this is also comparable to our passion, which is to empower our clients by doing what we do best.

From Minimum Viable Product to Full-Scale Software

Minimum Viable Product to Full-Scale Software Development

You’re undoubtedly thinking about whether a minimum viable product is suitable for you if you’re reading this post. Before we get into the details, let us ask you a quick question. What are the similarities between Amazon, Facebook, and Uber?

They began as a Minimum Viable Product, if you haven’t already guessed. Facebook connected Harvard students, Amazon sold books, and Uber allowed customers to pay for cabs using credit cards before becoming an IT behemoth. These three businesses saved money and effort by testing the fundamental features before going full-scale. This post will explore how to approach MVP software development, its advantages, and how to do full-scale software development.

What is the Minimum Viable Product in App/Software Development?

An MVP is a concept that started in the startup entrepreneur world and has since been adopted by businesses of all shapes and sizes to test new products. Eric Ries of LeanStartup was one of the first to promote it among the general public. He points out that MVP app development strives to build a product with the most fundamental features and offer it to early adopters and enthusiasts in return for feedback.

An MVP is really a basic version of a product that assists innovators in obtaining product validation from actual consumers with the least amount of work.

Minimum Viable Product - What Is it
It’s Critical to Understand What a Minimum Viable Product Is to Prevent Failures

Why Begin with a Minimum Viable Product?

1. Raise Capital

Investors must understand where their money is going. This is hardly surprising, given that the startup failure rate in 2019 was approximately 90%. Furthermore, as per Investopedia, 21.5 percent of companies fail in their first year. Moreover, 30 percent fail in their second year, and a staggering 50 percent fail in their fifth year. If you provide investors with a quick-to-market strategy for your app development, you will undoubtedly assist them in making an intelligent choice while also reducing risk.

2. Spend Less Money

In summary, MVP is about releasing products with essential features and soliciting feedback from consumers. You implement variations of the original idea based on their input. Consequently, you reduce the chance of creating features that aren’t helpful or that need to be removed entirely from the software. This leads to lower software development costs.

3. Examining Product-Market Fit

Years before the first iPhone hit the market, IBM produced the first touchscreen in 1992. Unfortunately, the product was not as popular as the iPhone, and IBM only sold 50,000 units before ceasing manufacturing. Can you figure out why? Because of a lack of product-market fit.

Your app concept may be fantastic, but several circumstances, such as poor timing, may prevent it from becoming a hit. Your product may end up being too innovative for its time. Or, far worse, you work so hard on refining the product that you miss out on being the first to market.

4. Honest Viewpoints

The ideal approach to putting an idea to the test is to share it with potential consumers and see how they engage. And MVP app design is among the most effective ways to get real input from the user.

Consider the case of Quibi. According to CNBC, they had a terrific marketing team and a team of specialists. They provided an in-app experience that checked all the criteria. Sadly, it failed just six months after its debut.

Taking the Next Step: From MVP to Full-Scale Product

So, why do so many companies fail after developing an MVP? They succeeded in turning their idea into a product, only to have it fade away. They lost out on the opportunity to realize the promise indicated in the MVP by failing to go on to the next stage.

Some MVPs become dead ends for a variety of reasons, including: 

  • Insufficient project development strategy 
  • Market research not carried out
  • Overlooked prototype step 
  • There are many too many features
  • There aren’t enough features
  • You overlooked user feedback
  • The importance of technical excellence is overstated
  • The development team is unprofessional
  • Your development strategy is incorrect  
Minimum + Viable Product
MVPs are Good Products for Startups to Build

Please don’t be discouraged by the cautionary examples of companies that made it to MVP but subsequently failed. Here are five pointers to help you make the move from MVP to the product:

1. Gather and Analyze Feedback

Remember, the whole purpose of an MVP is to get input from your consumers, not to take over the market. As a result, MVP development aims to provide the bare minimum of functionality required to begin presenting the product to its intended market.

Before launching your MVP, all you have to count on are focus groups and gut feelings. MVP development is the process of utilizing the data collected from the MVP to improve the product.

To leverage the MVP phase effectively, you must be prepared to gather real-world data from your consumers as they engage with your product. Track user interactions, behavior, and dropoff at every touchpoint to discover features that may be enhanced, added, or removed as you go from MVP to product.

Remember to respond to all comments, even unfavorable ones. Customers who provide unfavorable feedback are doing you a favor by highlighting issues you may address as you go beyond MVP development and product development.

2. Consider Scalability

Many companies have failed catastrophically after developing a successful MVP because they did not consider how to expand. As you go from MVP to product, it’s critical to stop planning for failure and start planning for success. What if 100,000 people wanted your product right away? Do you have the people within the organization, infrastructure, and inventory to manage that volume of orders?

In the context of digital product development, this often entails addressing automation, SOPs, support personnel contingencies, and scalable cloud services such as payment APIs, CRMs, and virtual contact centers. The very last thing you want is for your product to fail due to its superiority.

3. Consider Your Pricing Carefully

Pricing is another area of contention at the MVP stage of digital project development. And anyway, you don’t want to put your pricing calculations to the test on a “minimum viable product,” do you? Customers would undoubtedly be prepared to pay for it since it is of little value to them, but it would be inaccurate.

No, it does not. The goal of MVP development is not to produce a hastily thrown-together or half-baked product. While it may not include all of the features of the final product, a successful MVP will address the main pain points that the product is intended to address.

In digital product development, MVP customers may pay with the expectation that their purchase will be updated to the complete version whenever your offering progresses from MVP to product.

Consider monitoring traffic and conversions if you want to utilize your MVP to evaluate your pricing estimations. At what price threshold does traffic begin to dwindle? This kind of research may assist you in determining the pricing structure that the market will bear once the completed product is ready for the big leagues.

4. Invest in Your Marketing Strategy

Many companies are hesitant to spend money on marketing when they publish their MVP since it isn’t the final product. This is another big mistake. Your MVP launch isn’t only helpful for monitoring customer reaction to a rudimentary version of the product—it’s also an excellent opportunity to focus on the marketing approach that will serve you best once you go from MVP to product.

Your MVP traffic is also ideal for lead generation. You may begin to create a base of qualified leads to reach out to once your completed product is fully up and running by using email signup lists and remarketing pixels or cookies—leads who have previously shown interest in your MVP.

5. Conduct Ongoing Analysis and Testing

Even when you’ve moved from MVP to product, the testing and analysis aren’t done. MVP development is more than simply a practice run for your product; it is also for your KPI measurements.

Everything you monitor during the MVP launch—conversions, traffic, abandoned carts, social interaction, consumer feedback, and so on—must be kept in mind throughout the product launch. As a result, you can continuously enhance your customer experience and the product itself, resulting in higher customer happiness.

Even if you got a head start on marketing during the MVP stages (see # 4), continue to monitor campaign success. And then, you can conduct A/B testing to get the greatest cost-per-conversion feasible.

Minimum Viable to Full-Scale Product
Going from Minimum Viable to Full-Scale Is a Systematic Procedure

Treinetic Can Help You with Anything from MVP Development to Full-Scale Development

The process from nothing to MVP, and then from MVP to full-scale product, may be challenging. If a person can develop an MVP, they generally can create the product. However, for others, the whole process of coming up with a concept, developing the MVP, gathering feedback, and scaling it up may be difficult. And it is at this point that you need professional help, such as that we provide.

Treinetic can assist innovative startups and entrepreneurs in building their products from scratch to full-scale. If you want to learn more about how digital product development and transformation work together, contact us or schedule a free session today.