How to Avoid Application Project Failures and Gain a Competitive Advantage

The app development industry is lucrative, with an?estimated market value of $167 billion this year. However, the odds are not in favor of businesses attempting to seize this opportunity,?with statistics showing that only 0.5% of apps actually succeed. This has been attributed to businesses diving headfirst into the development process without proper planning, increasing the risk of failure. So, how can a business create an app without taking on this risk?

Beginning an application development project is a daunting feat for many businesses. Often times, there is an inclination to bring on a team of in-house or external developers with high hopes of achieving greatness. These aspirations, however, can turn out to be nothing more than delusions in hindsight. It is only after a significant amount of allocated funds has been depleted that it becomes evident that things haven't gone as planned. Unfortunately, recovery of those funds is not possible at this point, leaving a lack of resources and diminished potential for gaining a competitive advantage.

The Smarter Way of Developing an Application

Developing successful apps can be an intricate journey that entails thoughtful planning, from conception to delivery. Meticulous attention is given to every stage of development, including research and testing. However, businesses can streamline the process and unlock their competitive advantage by collaborating with an experienced IT firm that specializes in managing application development. Such a partnership can help develop a strategic plan that can keep wasteful expenditures at bay while meeting project goals.

Crafting a successful strategic plan of action requires thoughtful consideration of numerous elements. A significant number of questions must be expertly pondered and evaluated to design a plan of action. Here's just a sneak peek of a few key questions that an experienced team of IT strategists would consider for an application project:

1. Are there any predetermined directions for the project?
2. How long will it take to chart out all business objectives and translate them into technical requirements?
3. What process will be in place to minimize unpredictable situations that could impact the application development?
4. With various development models available, what process will be needed to identify the best model for the project?
5. What process will be in place to reach a consensus amongst all stakeholders when making business and technical decisions?
6. Once the model is selected, what roadblocks will it face when adapting to future decisions? How will those roadblocks be handled?
7. What are the risks and total costs of continuing down the current path, rather than taking a different path?
8. What process will be in place to reduce complexities, mitigate risks, and lower future maintenance costs?
9. What will the financial and security implications be when introducing new capabilities into a current system?
10. What process will be in place to reduce risk and ensure a secure, bug-free application?
11. What are the advantages and disadvantages of embarking on the project without any preconceived notions?
12. What process will be in place to identify application constraints and mitigate them?

Developing a well-thought-out plan at the start of any application development project is crucial. It's about more than just crossing your t's and dotting your i's—it's about setting yourself up for success. By asking the tough questions up front, you can ensure that everyone is on the same page and eliminate problems down the road. With this kind of strategic foundation, you'll be well-equipped to tackle any obstacles that come your way and come out on top. Because when it comes to application development, success isn't just a matter of luck—it's a matter of strategic planning.

Our Competitors

In today's rapidly-evolving business landscape, it's not enough for companies to simply develop applications with technical proficiency. To truly thrive, an organization's application development projects should be viewed as more than just a technical task. Unfortunately, many of our competitors fail to recognize this crucial element. They approach application development projects solely from a technical standpoint and fall short in considering the competitive advantages that can be gained through effective application implementation.

Many in our industry put security and compliance obligations to the wayside when building their applications. The end result is a multitude of troublesome bugs and security problems that require significant attention after development or deployment, adding unnecessary complexity and inefficiency to the process. This often leads to lengthy delays and increased costs, which can unfortunately negatively impact business owners who trust these developers to deliver a quality product.

Our Approach

At the start of every application project, we do a thorough evaluation of the factors that contribute to its success: from business objectives to available budget, and everything in between. After weighing these critical factors, we create a plan of action customized to your specific application project. This comprehensive plan includes actionable recommendations, a clear roadmap, a realistic timeline, and budget details - all packaged into an insightful report. We call this process the?SRS Workscope, and it's how we consistently hit project milestones and exceed our clients’ expectations.

Our competitors may charge a pretty penny for their services, but their plan of action often lacks the substance and quality that we offer. Plus, they do not credit you for the cost of the?Workscope, even if you retain them for the application development. Unlike them, we offer a unique and comprehensive Workscope?that's tailored to your specific needs. We are confident that our?Workscope?will bring immense value to your application project, and to prove it, we offer something unheard of in our industry - the total investment in the?Workscope?will be applied towards your?application development, should you choose to retain us.

Contact us?today and let's discuss your?application development?project.

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