The Mobile Application Era
In recent years, the need for mobile app development has increased tremendously. According to Gartner’s estimation, the growth rate for mobile applications is expected to be at least five times higher than IT’s ability to keep pace with the demand over the next four years. This tendency is likely to persist, making it an important period for businesses to invest in mobile app development to maintain their competitiveness in providing products and services.
Recent studies indicate that more than 50% of IT managers are encountering difficulties in managing the rising demand for mobile applications. The backlog of app development and several obstacles that hinder the successful launch of a mobile app product are the leading causes of the challenge. Gartner predicts that approximately one-third of newly released mobile applications will be abandoned within six months of launch by 2023. Creating a mobile app is often hampered by time and budgetary constraints, with conflicting priorities and the absence of a skilled mobile development team cited as other factors.
With restrictions and limitations hampering the operations of various businesses, many are turning to third-party app developers to assist them in addressing their mobile app development necessities. Here are four indicators that your company can benefit from hiring an external mobile app development company:
1. Your company lacks the necessary talent
The need for expert mobile application developers is increasing, while the supply remains constrained. Outsystems’ State of Application Development Report reveals that 88% of companies believe that mobile capabilities are either essential or critically vital. However, 44% of respondents reported a lack of comprehension within their firm regarding the skills necessary to undertake mobile application development projects, and 37% cited an inability to locate qualified developers to fulfill the requirements.
As the mobile industry advances rapidly, developers must constantly improve their skills to stay up-to-date. With the competition for experienced and skilled mobile developers intensifying, hiring a new mobile developer may not always be the best strategy to maintain a competitive edge. Outsourcing your app development might be a viable alternative to ensure that your mobile application is developed by a highly qualified team using cutting-edge technology and methods.
2. Keeping up is impossible due to the fast evolution of mobile development tools
Your company may not always have to spend large amounts of money on acquiring a critical product or technology that your development team may only use once. Outsourcing your app development may be an excellent alternative since it will give you access to various tools that may not be readily accessible in-house.
Engaging an outsourced team who have already adopted the latest technologies can help your company exhibit that it is using cutting-edge technology in its app without having to spend the time and resources to get your in-house team fully updated. This could save your business a significant amount of money and time.
3. Swift software release is necessary
To address time constraints, organisations may want to consider outsourcing their app development needs. Outsystems’ survey found that 65% of IT managers reported that custom app development takes over three months, with 10% of respondents estimating it takes more than a year to complete the task. This could result in a significant backlog and dissatisfaction from team leaders. In addition, about half of those surveyed expressed dissatisfaction with their application development teams’ current pace.
In the current atmosphere, where mobile technology has become critical, it is vital to manage development timelines effectively. An extended development cycle can have significant financial and commercial consequences for businesses, in addition to causing frustration among team members. As a result, it is crucial to establish practical and feasible deadlines to guarantee successful project completion.
Outsourcing development enables companies to swiftly transform concepts into products and bring them to the market. Modern businesses must implement a lean methodology to make the most efficient and effective use of resources. This approach aims to reduce expenses and increase productivity.
4. In-house development is unaffordable
Developing a mobile application can quickly become prohibitively expensive for most businesses. Although some larger companies may be financially capable of bearing the costs of this kind of development, they are in the minority. Given the resources needed to manage and support the new product, developing an in-house app may be impractical for many businesses. Investing in the required infrastructure may not be a viable solution for many organisations.
If you plan to build the app internally, the cost of hiring more developers should be taken into account. Acquiring and integrating new personnel can be expensive since there are significant resources needed to recruit, train, and onboard them. Depending on the budget, outsourcing app development to a professional development team may be advantageous, particularly if mobile app development is not a top priority for the business.
Developing mobile applications requires a team that comprehends your objectives and possesses the appropriate skills and abilities. External companies do not possess an identical set of expertise. Therefore, it is crucial to create a team that has the expertise necessary to meet your needs.
