Should You Hire a Third Party to Create Your Mobile App? There Are 4 Indicators that Suggest the Answer Is Yes

This is the Era of Mobile Applications

The demand for mobile application development has grown significantly in recent years, and Gartner estimates that the rate of this growth will be at least five times faster than the rate of IT’s capability to meet the demand over the next four years. This trend is likely to continue, making it a critical time for businesses to invest in mobile app development to ensure that their products and services remain competitive.

Recent reports suggest that over half of IT managers are having difficulty meeting the increasing demand for applications, due to various issues such as a large backlog of app development and a number of obstacles that impede the successful release of a mobile app product. According to Gartner, it is estimated that by 2023, one-third of all newly released mobile applications will be abandoned within six months of their release. Time and budgetary constraints are frequently listed as the primary barriers to businesses when it comes to creating a mobile app, with conflicting priorities and the lack of a highly skilled mobile development team also cited as factors.

As more and more businesses face restrictions and limitations, they are increasingly looking to third-party app developers to help them meet their app creation needs. Below are four signs that your business may gain from getting an external company to develop its mobile app:

1. Your business has talent shortages that need to be filled

The demand for skilled mobile application developers is on the rise, yet the supply is limited. According to Outsystems’ State of Application Development Report, 88% of businesses consider mobile capabilities to be either essential or critically important. However, 44% of those surveyed reported a lack of understanding within their company regarding the skills required to take on mobile application development projects, and 37% said they cannot find enough qualified developers to satisfy the demand.

As the mobile industry rapidly advances, developers are required to constantly develop their skills in order to remain current. With the competition for experienced and talented mobile developers increasing, hiring a new mobile developer may not always be the most effective way to maintain a competitive edge. To ensure that your mobile application is developed using the latest technology and methods, and by a team of highly qualified personnel, outsourcing your app development may be an attractive option.

2. The rapid evolution of mobile development tools makes it impossible to stay up

It is not always necessary for your business to invest large sums of money in purchasing a critical product or technology that may only be used once by your development team. An excellent alternative is to outsource your app development, as this will provide you with access to a wide range of tools that may not be readily available within your company.

By hiring an outsourced team who have already implemented the latest technologies, your company can demonstrate that it is utilising cutting-edge technology in its application without having to invest the time and resources to bring your in-house team fully up to speed. This could save your business a great deal of money and time.

3. You must move rapidly to release your software

Organisations should consider outsourcing their application development needs due to time constraints. According to a survey conducted by Outsystems, 65% of IT managers reported that it takes over three months to develop a bespoke app, with 10% of respondents claiming that the task requires more than one year to complete. This could lead to a substantial backlog and a lot of displeasure from team leaders. Furthermore, approximately half of those who were polled expressed dissatisfaction with the speed at which their application development teams are currently operating.

In the current climate, where mobile technology has become paramount, it is essential that development timelines are managed efficiently. A prolonged development cycle can have significant financial and commercial implications for businesses, as well as causing frustration among those involved. Consequently, it is of the utmost importance that realistic and achievable deadlines are set in order to ensure successful completion of the project.

By outsourcing development, companies can quickly develop ideas into products and bring them to market. To ensure the most efficient and effective use of resources, modern businesses must adopt a lean methodology. This approach helps to minimise expenditure and maximise productivity.

4. You don’t have the money to do development in-house

The cost of developing a mobile application may soon become prohibitively expensive for most businesses. Whilst some larger companies may have the financial means to absorb the costs of this kind of development, they are in the minority. For many businesses, it is not feasible to undertake the development of an in-house app given the resources required to manage and support the new product. Investing in the necessary infrastructure may not be a practical solution for many organisations.

If you are considering building the app internally, you should factor in the cost of hiring additional developers. Acquiring and integrating new staff can be a costly exercise, as there are considerable resources required for recruiting, training and introducing them to the business. Depending on the budget, it may be beneficial to outsource the app development to a professional development team, especially if mobile app development is not a key focus for the business.

When it comes to the development of mobile applications, it is essential to form a team that understands your objectives and is equipped with the relevant skills and abilities. There is no single set of expertise that applies to all external companies, so it is important to ensure that the team you assemble has the necessary expertise to meet your requirements.

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