How Much Does Database Development Cost? (with Price Factors)
Any software product works with systematic data stored in a database. This approach allows keeping large amounts of data and accessing it quickly if necessary.
Software development and databases are often closely interrelated. They are created according to the customers’ individual requirements, taking into account their specific activity, and therefore, each of them is a unique product.
Databases are an important element of digital transformation and an automation system in a business, which makes this tool unique and must-have for companies in various areas.
Database Development Cost: What Does the Cost Depend On?
Customers ask this question first after they have realized the need to work on such a project. Several factors affect the costs and timelines in database development. Let us talk about the most important ones in detail.
1. Technical requirements and project design documentation. Detailed technical specifications for database development are necessary to assess project cost and deadlines. If you have such documentation, prototypes, and other components necessary for the pre-design work phase, you can reduce database development costs. Otherwise, developers will have to prepare them themselves, and that will increase the cost.
This can partially explain lower cost levels for standard, ready-made, replicated products compared to custom databases and those developed from scratch.
2. Project complexity. Complex projects are those databases that feature a multi-level structure, serious business logic, complex links, many components, integration with other systems, web access, and remote operation. Custom solutions developed in a non-standard subject area are also considered complex.
This aspect is difficult to define. The project, which may prove difficult for one contractor, will not necessarily be hard for some other.
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3. Solution customization level. What we mean here is the number of custom requirements set specifically by a particular customer, which will greatly affect the overall project cost.
Sometimes, we develop databases based on pattern solutions and a rather superficial customization of finished products, but at times, we have to develop solutions from scratch. In the former case, the solution cost will be significantly lower for the customer.
4. Non-functional requirements. As a rule, in this case, we talk about such features as performance, dependability, and scalability. In cases where hundreds or thousands of users will work with the database at the same time, the requirements for database development and optimization will increase, and that will also push the project cost up.
This is generally a very individual parameter. Some, for example, are ready to slightly sacrifice performance to reduce database costs, but for others, the highest performance is an extremely important parameter.
5. Integrations with external services. If you plan a product with multiple external integrations, for instance, with payment systems, analytics, e-mail services, etc., this will increase the cost of database development as well.
Depending on factors stipulated above, database development, implementation, and support costs can vary significantly.
At Lvivity, we always individually assess such a parameter as a cost because we strive to take a particular project’s specifics into account to ensure the maximum return on investment for our customers. If you are interested in how much will a custom database development cost for your business, contact us, and we will manage to offer you the ultimate solution.
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