Please introduce your company and give a brief about your role within the company?
Binariks is a software development and consulting company providing high-quality services for startups and established businesses worldwide. Binariks was founded in 2014. During 5 years, many leading software companies from Healthcare, Automotive, Fintech, Media & Entertainment, and IT industries have benefited from Binariks dedicated development teams. The culture of trust and transparency allows us to build and maintain a long term relationship with clients.
I'm Managing Partner at Binariks and an entrepreneur with over 20 years of experience in global delivery, technology consulting, and business development.
What is your company's business model–in house team or third party vendors/ outsourcing?
All our employees are located in our European Development Center - we have 60+ Software Developers, Quality Assurance Engineers, Business Analysts, UI/UX Designers, and Project Managers in-house. Our teams consist of extremely talented, open-minded experts, proficient in software development, which allows us to adjust quickly to new project environment and gives us the exceptional ability to multi-task while meeting deadlines.
How is your business model beneficial from a value addition perspective to the clients compared to other companies' models?
Binariks primary focus is client satisfaction, which we achieve through excellent communication skills, reliable technology, project management, and domain expertise, the culture of trust and transparency. It allows us to build and maintain a long term relationship with clients. We establish partnerships with our clients on all organization levels and across different departments (engineering, finance, etc.). We provide a personalized experience and treat customer's projects as our projects.
What industries do you generally cater to? Are your customers repetitive?
Customers come to us from different industries, and there are a few we cater to:
● Fin Tech
● Media & Entertainment
● Transportation and Logistics
● Account-based marketing
Mention the objectives or the parameters critical in determining the time frame of developing a web app.
The time frame depends on the overall complexity of the solution, functional, non- technical (performance requirements, security, scalability, availability, expected load) requirements.
We carefully learn business goals and conditions of the customers. Then work on requirements to identify the scope and create a technical solution and having all this, we create a roadmap and define the time frame of the project.
How much effort in terms of time goes into developing the front end and back end of a web app?
It differs from case to case. Every time at the beginning of the project we create an estimate based on the Scope of Work which usually is in the form of UI/UX design (or wireframes), product backlog (user stories, description of functionality, etc.), client's preferences and the source code(if any).
What are the key parameters to be considered before selecting the right platform for a web application?
We select technology stack and hosting platforms based on the functional and non-functional specifics of the project:
● The functionality of the application,
● Performance requirements
● Expected number of users,
● Availability of the system
Which platform and technologies do you prefer to use in the development of your web apps?
Binariks has strong expertise in Amazon Web Services(AWS) and Google Cloud Platform Services(GCP).
Do you offer website design templates or customized website design, and do you have a responsive website design?
Sure, our team of UI/UX designers helps our clients to build custom, responsive UI/UX design, which is intuitive, performs well, and relevant to the user.
Which Content Management System do you prefer to use (Wordpress, Joomla, Drupal, etc.)?
Binariks is focused more on custom software development rather than CMS solutions.
Do you provide website maintenance services?
Yes, Binariks provides a maintenance service for the solution that we have built for our client.
What are the key factors that you consider before deciding the cost of a web application?
The cost of the application depends on:
● the overall scope of work
● the expectation of the client on the timeline
● technologies and approaches to be applied
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.)
The payment structure depends on the engagement model, and there are two of them:
1. A dedicated team engagement with a monthly fee per team member
2. Project-based engagement with Time&Material approach and hourly based pricing
Dedicated Development team is aimed for promoting cost efficiency and long term strategic partnership with our clients. The team works as an extension of your in-house experts.
T&M works well for the projects with unstable requirements that dynamically change during the implementation phase.
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?
Binariks built projects worth no less than $10,000.
What is the price range (min and max) of the projects that you catered to in 2018?
The price range of the projects which we have catered in 2018 was: $10 000 - $1000 000.