
Please introduce your company and give a brief about your role within the company?
As the CEO, most of the time, I’m busy with the strategic development of the company. However, I like to be involved in the projects as I want to be sure that we deliver solutions that generate value for our clients and end-users.
What was the idea behind starting this organisation?
I knew that smaller companies do not have these resources.
My idea was to start a company that would be a great alternative to the in-house teams. We do deliver not only the code but also provide an excellent team that is able to build high-quality products without requiring additional resources from the clients.
What are your company’s business model: in-house team or third-party vendors/ outsourcing?
Our team is making significant efforts to develop the local IT community to have highly skilled professionals - we arrange public meetups, hackathons and internship programmes to find new talents.
How is your business model beneficial from a value addition perspective to the clients compared to other companies' models?
This approach allows us to dive deeply into goals and insights our clients, combine them with the user's needs and expectations and launch great digital products to market.
What industries do you generally cater to? Are your customers repetitive? If yes, what ratio of clients has been repeated to you?
We make the first version of the product stable and ready for continuous modifications in the future. It’s our investment, and the clients go to the next (growth) phase with Axmit. That means - yes, our clients are repetitive.
Mention the objectives or the parameters critical in determining the time frame of developing a mobile app.
How much effort in terms of time goes into developing the front end and back end of a mobile app?
A different example could be an app that should replicate the functionality of a web service; it may take more than six months. In most cases, we launch the first version of the app in 3-4 months since longer development may be somewhat risky.
What are the key parameters to be considered before selecting the right platform for a mobile application?
Which platform do you suggest your clients, to begin with when they approach you with an idea (Android or iOS) and why?
Android or iOS, Native or Hybrid — which platform is best to use to build your app? What are your recommendations?
For instance, if it requires video graphic tools and augmented reality, then native technologies are used. If it’s more about management (and resources), social networks and market places - then the cross-platform app is the choice, as there’s no sense to pay more.
What are the key factors that you consider before deciding the cost of a mobile application?
What kind of payment structure do you follow to bill your clients? Is it Pay per Feature, Fixed Cost, Pay per Milestone (could be in phases, months, versions etc.)
We usually have milestone-based payments. The project is broken down into milestones which are documented in the roadmap (the specification). With each milestone, the client receives new independent functionality which can go live.
Some projects/clients may require different approaches in payment structure, so we are quite flexible in this.
Do you take in projects which meet your basic budget requirement? If yes, what is the minimum requirement? If no, on what minimum budget you have worked for?
Once we worked on the small task with the budget of 2000$ as we found it interesting. Afterwards, trust relationships were established with the client, and we got x20 more significant project with him.
But let's be realistic. To launch a full-fledged marketable product with a budget below $30000 is a challenging task if you do not sacrifice the quality. And if we are talking about launching the first version of the product (!) from the idea to the first sales, the development usually costs at least $15000.
Which business model do you suggest to your clients, enabling them to generate revenue from mobile applications? Why?
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