What Does it Cost to Build the Next Big Software Product? New SourceFuse White Paper Addresses Fundamental Industry Question
Neptune Beach, Florida (September 5, 2013) SourceFuse LLC, a leading digital product and software development company, today released its newest white paper, “A Guide to Digital Product Team Economics”. From a decade of building digital products, both funded and bootstrapped, the entrepreneurs at SourceFuse have tackled the question about what it costs to build the next big software product, and the best strategic ways to ensure success. The new report is a financial assessment of the investment, stages, development roles, and time to build digital products, platforms and apps.
The in-depth research report includes a detailed analysis, including:
- Cost differences within startup teams as well as large organizational teams
- Product stages and related investments involved
- Detailed analysis of the financials and assumptions (with a companion Excel worksheet!)
- Digital team roles and job descriptions
- Opportunity costs and total cost of ownership (TCO) of digital products
The report addresses topics covering risk assessment, team planning, and other economic factors involved in building a successful digital product or application.
“The report highlights the investment and project risks associated with establishing and maintaining a digital product team in the early stages of new product development. Our analysis suggests for many startups and corporations building new digital software applications utilizing a Digital Product Team Service can reduce their investment by over 300%,” says Kelly Dyer, CEO of SourceFuse. Product team investment is analyzed by company type including technical and non-technical founder based startups and corporations incubating internally new high-growth digital products.
“We analyzed the investment and time required to recruit, hire, onboard and compensate product and technology professionals at each of the three critical software product development lifecycle phases – minimally viable product, early and growth stages. Our analysis examines in detail staffing, salaries, overhead, expenses, stock options and other factors influencing investment and product development risk”, says Dyer.
View the white paper - A Guide To Digital Product Team Economics
SourceFuse is a digital product and technology development organization helping startups and corporations launch web, mobile and social software solutions. SourceFuse is led by a management team that has consistently delivered innovative products and solutions to the market for more than eight years. With a dedicated team, and offices in the U.S., U.K., and India, SourceFuse delivers high quality software products and solutions.
PowerUp is SourceFuse’s digital product team service. It is a safe and trusted way to quickly assemble proven digital product development teams, including product, marketing and technology professionals. Partnering with leading corporations such as Cisco Systems, as well as brand-new startups, PowerUp teams help companies reduce the risk of lost time to market, cost overruns, loss of competitive advantage, and project failure. PowerUp drives business forward.
For more information, please contact SourceFuse Marketing Communications at +1-800-578-FUSE x708, email SourceFuse at firstname.lastname@example.org, or visit the SourceFuse website at www.sourcefuse.com.
120 Lemon Street
Neptune Beach FL 32266
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- SourceFuse LLC
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