Provision of software development services is a growing industry that is now worth an estimated $100 billion annually. It's also a flourishing industry that has changed everything about the way enterprises do business. It allows companies to cut down costs and provides a way to significantly reduce time to market and increase flexibility.
However, with rates varying anywhere between $15/h and $150/h companies are often confused as to how much they should be paying.
With this in mind, we thought that it was about time we explained the factors that can affect the cost of software development. Armed with this information, companies should find themselves in a better position to negotiate what they feel is a fair rate for the work involved.