So you are a CTO and you are developing high-quality software for your company’s product or service? Besides technical know-how, tools and budget, you will also need a developer. Probably even a whole team. But how to secure all necessary resources for the development project? What are your options and what will it cost you? These are questions Roemie Hillenaar, CEO of Creative Fabrica was asking himself when he wanted to expand an online application for his online marketplace. Marek Gajda, CTO of The Software House, shares his insights.
The cost of software
Before we talk about money, it’s good to look at the key element that enables you to move the software development project to the next level. Let’s face it, you can’t do everything on your own. In this technical world the most important assets are still people and their work. And it is likely they will also be the biggest part of your budget, says Marek Gajda. He is CTO and co-founder at software development company The Software House. Gajda identifies three different options to get the required developers to do the job: using in-house developers, hiring freelancers or pairing with a software development company. So out of these three options, which one could work for you and what spendings it will require?