Fayrix is a specialist software development company that has successfully set the seal on over 250 projects, within the course of the last 12 years. Having onboard a skilled team of engineers numbering over 1,500, the company is headquartered in Israel with 8 R&D centers located across Eastern Europe.
What can we offer you?
Remote software team building & management
Software services for startups & growing tech companies
Fixed price software project delivery
Machine learning, big data and AI consulting & development
The key values of Fayrix:
World-class engineers. We combine the unique experience of Israeli project managers with the sharpened tech skills of Russian & East-European developers.
An outstanding cost-quality ratio. With Fayrix, you could save up to 40% on software development costs.
Express team building. On average, we take only 2 weeks to build a fully-functional software team.
Transparency & quality assurance. Our own methodology, honed over 12 years, ensures that our customers only expect the highest standards of project execution.
What can we help you with?
Accelerate and improve your software development process
Optimize development costs
Attain access to extensive engineering resources for large-scale development
Locate professionals in a niche technology
Israel
Zarhin 13,
Ra'anana,
Hamerkaz4673304
+97293740180
< $25/hr
1,000 - 9,999
2005
Service Focus
Focus of Mobile App Development
iOS - iPhone - 30%
Android - 30%
Enterprise Apps - 40%
Focus of Web Development
Wordpress - 100%
Focus of Software Development
Java - 20%
PHP - 20%
Javascript - 20%
AngularJS - 15%
Python - 15%
.NET - 10%
Focus of IT Services
Staff Augmentation - 50%
Managed IT - 50%
Focus of Big Data & BI
Data Visualization - 85%
Data Mining - 5%
Data Analytics - 5%
Data Science - 5%
Focus of AR & VR Development
Augmented & Virtual Reality (AR/VR) - 100%
Focus of Artificial Intelligence
Deep Learning - 50%
Machine Learning - 50%
Industry Focus
Business Services - 10%
Consumer Products - 10%
Healthcare & Medical - 10%
Information Technology - 10%
Telecommunication - 10%
Transportation & Logistics - 10%
Utilities - 10%
Retail - 10%
Startups - 10%
Financial & Payments - 5%
Government - 5%
Client Focus
50% Medium Business
40% Small Business
10% Large Business
Review Analytics of Fayrix
9
Total Reviews
5.0/5
Overall Rating
1
Recent Reviews
What Users Say
There’s nothing major Fayrix could do differently, we look forward to future collaboration.
Denis Gerasimov , CBDMO at RevoTech PRO
Goods insurance startup FTE team
Svetlana
They are very flexible and were ready to assist even after hours.
Philipp Keleinov , Development Manager at at Sberbank
Excellent mobile app development
Julia Alekminskaya , Product Manager, Lead Analyst at Robolitica
Exceptional app developers
Viktorina Lintsova , Co-Founder & COO at SkyGuru
What Users Like The Most
They are very flexible and were ready to assist even after
hours. What impressed me the most was the level of
professionalism they’ve shared during the prototyping
phase.
They are able to develop even the most complicated apps from scratch.
It was impressive that they could deliver 3 strong candidates within two days and finalizing a full team in just over a week exceeded our expectations.
What Users Like The Least
The app had a few usability issues initially, which were then resolved during further development.
There’s nothing major Fayrix could do differently, we look forward to future collaboration.
We onboarded a full team in just over a week, allowing us to meet our client’s deadlines without delays. The new team members accelerated our development by 30%. Fayrix maintained excellent communication throughout the process. Their recruiters were highly responsive, adjusting to our feedback and refining candidate selection efficiently. The developers they provided were proactive, engaged, and aligned with our project’s goals from day one.
What was the project name that you have worked with Fayrix?
Collaboration Between RevoTech Pro and Fayrix
What service was provided as part of the project?
Web Development, IT Services
Describe your project in brief
The project required a highly skilled development team to build a feature-rich web service with data processing and real-time functionality. We were looking for experienced developers with strong problem-solving skills and expertise in modern web technologies.
Fayrix provided the first 3 pre-vetted candidates for interviews within just two days. Over the next few days, they presented 4 more candidates, from which we selected 5 developers who perfectly matched our requirements.
What is it about the company that you appreciate the most?
It was impressive that they could deliver 3 strong candidates within two days and finalizing a full team in just over a week exceeded our expectations.
What was it about the company that you didn't like which they should do better?
Everything was ok.
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Project Detail
$50001 to $200000
Completed
Information Technology
Svetlana
Posted on Nov 19, 2020
Goods insurance startup FTE team
Fayrix developed for us on-demand property insurance service. Our main goal was to create a unique aggregator of insurance companies that allows to protect everyday goods. At the first stage of cooperation Fayrix team has implemented market research and product concept development. At the second stage they has developed MVP application for iOS and Android OS and website on Tilda CMS with payment system integration. Our cooperation with Fayrix lasted 9 months. We are very satisfied with the work done and cooperation in general.
What service was provided as part of the project?
Mobile App Development, Software Development, App Designing (UI/UX), AR & VR Development
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Philipp Keleinov, Development Manager at at Sberbank
Posted on Nov 05, 2020
They are very flexible and were ready to assist even after hours.
We hired Fayrix for mobile app development from scratch.
We wanted to popularize tourism and attract a younger
audience to the service.
The team worked on both design and engineering
components under a strict timeline.
They designed and developed iOS and Android app using
an API to our backend system. This provided access to our
information and data about historical sights, routs and
audio guides. Their team adjusts functionalities as needed
and manages monthly updates. They are very flexible and were ready to assist even after
hours. What impressed me the most was the level of
professionalism they’ve shared during the prototyping
phase.
What was the project name that you have worked with Fayrix?
Staff augmentation for tourist app development
What service was provided as part of the project?
Mobile App Development, Software Development
What is it about the company that you appreciate the most?
They are very flexible and were ready to assist even after
hours. What impressed me the most was the level of
professionalism they’ve shared during the prototyping
phase.
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Project Detail
$50001 to $200000
Completed
Julia Alekminskaya, Product Manager, Lead Analyst at Robolitica
Posted on Oct 07, 2019
Excellent mobile app development
Fayrix has developed for us an iOS mobile application. It is a personal style app that allows fashionistas to take photos of their looks and upload them to a common users’ feed. After that, each user can evaluate the image thereby helping with the choice.
The whole development process took 6 months. Cooperation with Fayrix team was very positive and professional.
What service was provided as part of the project?
Mobile App Development
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Project Detail
$10001 to $50000
Viktorina Lintsova, Co-Founder & COO at SkyGuru
Posted on Jun 11, 2018
Exceptional app developers
Fayrix helped us build an app that analyzes professional aviation data and then presents precise flight information using mobile device sensors in a way that is clear for a regular user. We feared it would quite a challenge to implement that. However, Fayrix proved that they’re ready for even more. They managed to complete the project in a very short time for this kind of app. They were always open for discussion and ready to make any adjustments to the system.
What service was provided as part of the project?
Mobile App Development, Software Development, Big Data & BI
What is it about the company that you appreciate the most?
They are able to develop even the most complicated apps from scratch.
What was it about the company that you didn't like which they should do better?
The app had a few usability issues initially, which were then resolved during further development.
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Project Detail
$50001 to $200000
Artem Vardanyan
Posted on Mar 31, 2018
Excellent service
I had really outstanding experience with Fayrix. They are fast and thorough. I requested quite many changes and they were absolutely fine with them, implementing quickly. We had excellent communication. They created little how-to videos on complicated functionality, explaining sprint changelogs. I definitely recommend Fayrix to those who need professional software development services and a trusted partner.
What service was provided as part of the project?
Mobile App Development
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Project Detail
$50001 to $200000
Tania Novikova, Marketing Manager at Pocket Doctor
Posted on Mar 30, 2018
Great communications
We develop a mobile eHealth Platform. Fayrix developed mobile application for clients, web interface for doctors and clinics and API for partners. The apps allow to chat with pre-vetted partner doctors online or appoint an offline visit. My experience with Fayrix definitely was positive. Overall the project goes quite smooth and I am quite satisfied with Fayrix service. They develop fast and we have great commnication expertice with their Account Manager.
What service was provided as part of the project?
Mobile App Development
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Dmitry Ryzhkov, Chief Marketing Officer
Posted on Mar 29, 2018
Reliable partner for big projects
Fayrix was a very reliable partner for us. They developed for us a smart city platform including a multi platform mobile app. There was a big scope of work and they showed very well balanced approach in terms of speed, quality, dedication and price which was very important for our startup project.
Another great thing about these guys is transparency which is not common for companies of that size. This was extremely important for us to trust our outsourcer.
What service was provided as part of the project?
Software Development, App Designing (UI/UX), Web Designing (UI/UX)
What is it about the company that you appreciate the most?
Dedication and transparency.
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Project Detail
$200000+
Leticia Smith, Digital Project Manager at CASTRO
Posted on Mar 16, 2018
Great communications
I had a need to develop a mobile app qucikly, but at the same time observing quality, as the MAU for the app was planned at around 50k users. The key to success in the project was Fayrix's excellent communication and project management skills. We had daily Skype meetings with Fayrix team and weekly project progress reports. Fayrix proved to be a reliable long-term partner. I highly recommend Fayrix as a reliable and responsible partner.
What service was provided as part of the project?
Mobile App Development, App Designing (UI/UX)
What is it about the company that you appreciate the most?
Excellent project management
What was it about the company that you didn't like which they should do better?
Planning
Rating Breakdown
Quality
Schedule & Timing
Communication
Overall Rating
Project Detail
$10001 to $50000
Client Portfolio of Fayrix
Project Industry
Insurance - 5.0%
Healthcare & Medical - 12.5%
Information Technology - 10.0%
Financial & Payments - 17.5%
Utilities - 2.5%
Education - 7.5%
Retail - 15.0%
Travel & Lifestyle - 2.5%
Government - 2.5%
Telecommunication - 2.5%
Advertising & Marketing - 5.0%
Business Services - 2.5%
Transportation & Logistics - 7.5%
Real Estate - 2.5%
Agriculture - 2.5%
Other Industries - 2.5%
Major Industry Focus
Financial & Payments
Project Cost
$10001 to $50000 - 7.5%
Not Disclosed - 67.5%
$50001 to $100000 - 7.5%
$500000+ - 5.0%
$100001 to $500000 - 12.5%
Common Project Cost
Not Disclosed
Project Timeline
Not Disclosed - 2.5%
1 to 25 Weeks - 62.5%
26 to 50 Weeks - 12.5%
51 to 100 Weeks - 22.5%
Project Timeline
1 to 25 Weeks
Clients: 13
Santander
Airbus
Biosense Webster
MMD Smart
Milavitsa
Epico
Grupo Bimbo
Sony
The Home Depot
Stefanini
Aeroflot
BFROW
Allflex
Portfolios: 40
Fayrix Wingman AI assistant
$10001 to $50000
Ongoing
Insurance
Many insurance companies face a number of challenges when processing claims, such as high operational costs, the need for 24/7 customer service, or long application processing time. To address these issues, we are pleased to introduce the Fayrix Wingman AI Assistant, a powerful tool that can be customized specifically for the insurance industry.
Client: Mental future, European digital start-up company.
Scope: Development of a media content platform for broadcasting meditation content under subscription model. The solution provides meditation courses via audio, video formats as well as quizes and workbooks.
Client: Bnology, Hong Kong, was founded in 2015 with the mission of changing the landscape in finance and has succeeded spectacularly thus far.
Scope: Fayrix team has developed mobile application for instant trading service delivery from Bnology trading platform. With the help of Alvexo app users are able to manage positions, set their trades, and access global markets when they want from where they want.
Payment system of utility and rent payments for Bllink
Not Disclosed
13 weeks
Utilities
Client: Bllink, Israel, provides a financial solution for buildings, allowing building management teams to collect money, track and monitor the financial activity of each building.
Scope: Development of a payment system for utility and rent payments. The solution ensures straightforward cooperation workflows, optimizes costs and brings transparency to related business processes.
Client: Neto Tech, Israel, is an industry-leading Information and Computer Security company, providing futuristic cybersafety proposals to meet the modern-day challenges faced by online businesses.
Scope: Neto Tech company applied with a request to create software for a new international payment system. Fayrix team has developed payment software that supports 100+ payment methods including credit cards, e-wallets and mobile payments.
AI solution to prevent suspicious BigData activity for ThetaRay
Not Disclosed
8 weeks
Financial & Payments
Client: ThetaRay, Israel, is transforming the way financial institutions and payment service providers (PSPs) benefit from data with an AI-based SaaS transaction monitoring solution.
Scope: Development of Artificial Intelligence solution that conducts multi-level monitoring of the IT infrastructure of a company, provides real-time analysis of all actions and notifies system users of all detected suspicious actions.
Client: Musico, USA, company that provides a software platform designed for music teachers to create interactive lessons on the fly or use a growing library of templates.
Scope: Technical support, maintenance and further development of the Musico platform. The platform provides teachers and schools with the unique set of tools to maximize student enjoyment, motivation, and retention.
Client: Milavitsa, Belarus, is the biggest lingerie producer in Eastern Europe, the company's products are successfully sold in more than 25 countries, has over 10 thousand catalog items.
Scope: Developing a model predicting product demand by dealers relying on history of purchase plans and actual purchases by dealers for 2 years. The data array had a large amount of missing values and no history for some dealers. So Fayrix team built a model based on statistics for similar companies. The result: number of slow-moving items by 150-200% compared to initial dealer orders.
Client: Commercial bank, specializing in retail operations and lending to small and medium-sized businesses. The bank network had more than 1,062 branches, additional and operational offices in Russian cities.
Scope: Performing technical support and maintenance for a Bank website. As part of the work a personal account for a mortgage partner of the Bank has been developed.
Client: Epico VIP Travel, Russia, specializing in providing services for individual travelling, business tourism, concierge services and business aviation.
Scope: Identification VIP clients by the neural network. Text data scrapping via automated webpage decomposition - extraction of user, location, and hotel features.
Platform for automated analysis of medical images based on AI
Not Disclosed
32 weeks
Healthcare & Medical
Client: Binomix LLC, Russia, was created on a basis of the National Research Lobachevsky State University. For now Binomix is engaged in the production of a digital X-ray detector and the development of artificial intelligence programs for processing the results of medical imaging studies.
Scope: Development of the Binomix.connect integration platform that enables automated analysis of medical images based on artificial intelligence. The platform implements continuous improvement of diagnostic parameters through machine learning.
Recommendation system for the Santander bank clients
Not Disclosed
9 weeks
Financial & Payments
Client: Santander Bank, USA, is a wholly owned subsidiary of Spanish Santander Group. It offers a range of financial services and products including retail banking, mortgages, corporate banking, cash management, etc.
Scope: Building a predictive model for determining customers' consumption of bank products in the next month. The model based on social-demographic data of the customers that used one of the 24 bank products over the past 18 months.
Client: Grupo Bimbo, Mexico, is the worldwide leader in baking with the largest dealer network located in Mexico and the US. The product range consists of over 100 brands represented in 2,5m stores.
Scope: Developing a model predicting product demand at POS's. Fayrix team applied a machine learning algorithm based on statistics for prior periods and expanded statistics on varios combinations (product, group, location etc.) The final model RMSLE metric was 0,4436, which allowed decreasing returns of unsold products by 40%.
Client: Sony, Russia, is one of the leading manufacturers of electronic products for the consumer and professional markets all over the world.
Scope: Development of the accessories official online store. The application automatically detects the model of the smartphone and offers accessories that fits the best. The app allows to track the status of the order or pre-order if there is no needed product in stock.
Client: Municipality of a big European city (NDA).
Scope: UI/UX mobile app development for iOS and Android OS with the city sightseeing attractions and tours with augmented reality. This is an interactive guide to the sights of the city. It contains descriptions of more than 3000 buildings, monuments, museums, territories and information about 200+ historical figures.
Client: Municipalities of Rovolon (Italy), Curitiba (Colombia) и Selangor (Malaysia).
Scope: Development of a cloud smart city platform - Citymatica(link is external). The platform enabling municipalities to manage cities in a smart way. UX/UI design. Web-development. iOS & Android app development.
Client: Telesvyaz(link is external), Russia, is one of the leading engineering companies and system integrators providing the development and implementation of complex telecommunication projects for enterprises and organizations of any size.
Scope: Development of the mobile app for iPad from scratch. The app records the conversation between the manager and the client and automatically sends the data to the company's server for further automatic analysis of the employee's work.
Client: Belkins, USA, is a B2B Lead Generation and appointment-scheduling agency with a presence in over 30 countries.
Scope: Development of the internal direct marketing platform. The Platform has reduced the reported average acquisition cost of Belkins' clients by 35-75% and increased retention rate for more than 250 satisfied clients by 90%.
Client: Spectrum(link is external), Singapore, is a workspace offering a community experience driven by knowledge empowerment and an extensive business alliance to support the growth of tech companies and innovators.
Scope: Building AWS- based project infrastructure and authentication API.
Client: Municipality of a big European city (NDA).
Technologies: Angular, React, Java.
Scope: Development of the digital educational platform in largest European megapolis. The Platform is an advanced solution to manage the whole cycle of education process at schools. The platform includes 4 key models:
Client: Citymobil, Russia, is one of the leading taxi booking services that operates in more than 40 cities of Russia and continues to expand its geography.
Scope: Development of the forecasting model for all basic taxi service indicators for further forecasts obtained in optimization algorithms. The model takes into account the following indicators: views, orders, trips, as well as their relationships /conversions.
Client: All right, Russia, is a startup company-aggregator of insurance companies that allows to protect everyday goods.
Scope: At the first stage of cooperation Fayrix team has implemented market research and product concept development. At the second stage Fayrix team has developed MVP application for iOS and Android OS and website on Tilda CMS with payment system integration.
Scope: Development machine learning model for identification of the causes of lung collapse and determination of the boundaries of pneumothorax in the pleural region based on chest x-ray. The solution based on the use of convolutional neural networks using Keras and Tensorflow libraries.
Client: Siloam Technologies, Singapore, is a startup company focusing on deploying machine learning and deep learning technologies to transform the educational experience.
Technologies: Java, React.js Kotlin, Swift.
Scope: Development of a multi-platform educational application in which learning takes place through quizzes that adapt their complexity to the student level using artificial intelligence. Fayrix team has developed a portal for creating courses, as well as a web client and a mobile training application.
The platform tracks each learner’s strengths and weaknesses, and feeds questions that the student needs most. Learners can view the detailed analytics on their performance produced by Overwrite platform. The platform engages independent contributors to create questions and quizzes for the platform within the Contributor’s Portal. The Portal allows to create multiple-choice questions, answer options, select the correct one and assign a particular question to pre-defined categories as well as set the question complexity level.
Client: Revoleto, Hong Kong, financial broker for LATAM countries. Implements educational courses for traders around the world.
Technologies: PHP, HTML5, CSS3, WordPress.
Scope: Development of the website on Wordpress with own Learning Management System, optimization of the bootstrap based pages. Implementation of the stock price display function in the Assets section.
Website on Wordpress with own Learning Management System.
Optimized bootstrap based pages.
Live Stock Price in Assets section.
Partner Program for webmasters supports more than 50 parameters.
Client: World top-3 railway company providing continuous railway communication between cities and countries for more than 17 years.
Scope: Fayrix team has implemented a range of mobile services and two mobile applications for iOS and Android OS. The app enables passengers to review long-distance train schedules, select trip parameters and purchase digital tickets directly from their mobile devices.
Client: EcoOffice GC, Russia, is a property management company, was included in the Forbes rating of "30 largest rentiers" among Moscow development companies.
Scope: Supporting the overall IT infrastructure of EcoOffice GC. As part of the work was developed: tenant's personal account, the system of personal accounts for successful internal services functioning. As a result, the document flow between the tenant, the landlord and the company was accelerated.
Client: ACTech Ltd, Israel, is a startup company that undertakes design, installation, maintenance and service of electronic and pneumatic equipment, automation and control systems for ships and industries, in Greece and abroad.
Scope: Dedicated development team formation for developing an innovative project management system (ACTECH) for tracking key points, monitoring execution and automating the work of contractors. ACTECH is a revolutionary and unique way to improve project management efficiency, to shorten project time and the overall cost of the project. The system consists of 9 modules with 4 in the core:
Client: SCR Diary, Israel, is a global leading developer, manufacturer and marketer of dairy cow monitoring and herd management solutions with 35+ years of experience. SCR has 7 offices across the globe with HQ in Israel.
Technologies: Java, Spring, Angular, Python.
Scope:
Development of the automated cow monitoring platform SenseHub. The SenseHub system designed for a health checking of animals, cow's reproduction, milking statistics and other more.
It is a standalone system that provides a several solutions for farmers in the world. The system supports two options: Dairy and Beef. The system consists of 4 core products:
To develop software to detect cardiac excitation (hereinafter – activation) using neural networks
SOURCE DATA:
3 566 763 bipolar and unipolar ECG fragments. ECG fragments were collected from different devices at different stages of technology development. Signals came from different patients – healthy and with pathologies
SOLUTION:
We solved the problem of detecting an activation in the ECG fragment as a classification task, where 0 is no activation, 1 is activation.
RESULT:
The developed Deep Learning model detects activations with an accuracy of ≥95%.
Predicting Relevancy of Products in Search Results to Search Query
$100001 to $500000
12 weeks
Retail
THE OBJECTIVES:
• To increase sales
• To improve customer loyalty
THE GOAL:
• to develop an algorithm which would automatically evaluate the relevancy of search results to a search query entered by a user
THE SOURCE DATA:
74 000 search queries on 55 000 products
SOLUTION
•A large amount of source data was provided as text
• We used all varieties of TextMining techniques to identify semantic similarity of words and texts and semantic clusterization
• The resulting model was built as an ensemble of decision trees
RESULT
• The suggested model was 15% more accurate than the standard method for estimating the relevancy of search results to a search query which was based on keyword comparison.
Social Media Monitoring and Text Sentiment Analysis Platform
$100001 to $500000
80 weeks
Advertising & Marketing
The solution is processing text materials from key media sources, groups and posts in social networks. It allows to analyze presence of a company and its top managers in media space, identify key topics of reference, monitor information waves. This solution helps to significantly increase efficiency of corporate PR departments.
Key features:
Continuous (24/7) fully automatic monitoring of media space;
Fayrix developed a mobile app for caring parents to check their child's location using their mobile device.
Key features:
Location control. The app allows parents to always be able to know, where their child is. The number of children under monitoring is unlimited.
Control zones. The parent can set up control zones and receive instant notifications about the child's arrival to the zone or departure from it.
Alarm button. In case the child needs help, all he/she has to do is to start the app and press the button. The app will instantly send the parent a text message with the child's location details.
Inflight Guide App The app uses professional aeronautical information to calculate complicated mathematical and meteorological flight model before the flight. In-flight the app uses sensors as triggers confirming different flight stages and provides passengers with real-time explanations of what happens right then and what, when and why can be expected.
Please introduce your company and give a brief about your role within the company?
Fayrix provides world-class software development and Big Data services. Fayrix's headquarters is located in HerzliyaPitu'akh, Israel with 10 R&D centers in Eastern Europe. This distributed geography allows us to employ the best talent from all over the world. Fayrix Big Data team unites highly-motivated and professional data scientist, who were awarded Kaggle Master and Grandmaster titles (only 108 people on the planet hold this title).
What was the idea behind starting this organization?
There is a huge shortage of IT talents in the world’s most technologically advanced countries and there are countries, where the educational system is tailored to nurture great mathematical competences, crucial for IT jobs. So we started Fayrix with the idea to bridge this gap and make the top-quality custom software development services available worldwide and affordable for businesses of any sizes.
What are your company’s business model–in house team or third party vendors/ outsourcing?
Fayrix started its IT business back in 2005, having accumulated one of the largest IT human resource capital in Eastern Europe. We employ over 1500 full-time software developers and data scientists. We have an extraordinary Big Data team. It unites highly-motivated and professional data scientist awarded Kaggle Master and Grandmaster titles (only 108 people on the planet hold this title).
How is your business model beneficial from a value-added perspective to the clients compared to other companies' models?
Because we are 100% online in terms of sales and marketing, Fayrix does not have high travel, representative or rental costs. This saves our budgets, making Fayrix the most innovative and digitally-advanced project and, what’s more important, lets us offer the most competitive rates, preserving the highest level of services provided. At the same time, cooperating with Fayrix does not incur the same risks as working with a freelancer. All our processes are well-established, developers are properly-managed, motivated, comfortable with their colleagues and friends in the office every day.
What industries do you generally cater to? Are your customers repetitive? If yes, what ratio of clients has been repetitive to you?
Fayrix target industries include mass-market startups, public sector, healthcare, transportation, education, energy, telecom, finance, media, FMCG.
Mention the objectives or the parameters critical in determining the time frame of developing a mobile app.
The main parameters defining a mobile app development terms and duration are the app business purpose and its functionality. The more features the app is supposed to have, the longer the development process will take. The same about the supported platforms. The more client needs, the longer it may take. What is also important is a clearly defined project spec or functional requirements. In order to properly understand and determine the time frame of the development process, we provide our clients with a structured requirements collection template. It helps our clients describe all desired product features in standardized and easily understandable format. By the way, in order to make the most of the project budget, we typically recommend our clients to use the lean startup methodology. This means that the development goes step by step with quick testing the most important product hypotheses without heavy investments.
How much effort in terms of time goes into developing the front end and back end of a mobile app?
Each application is unique. Both the front-end and the back-end development duration depends on exact application requirement and planned features.
What are the key parameters to be considered before selecting the right platform for a mobile application?
The main parameter to consider before selecting the right mobile platform is the product target audience. If you know who you target, you will easily understand what platform to start with.
Which platform do you suggest your clients to begin with when they approach you with an idea (Android or iOS) and why?
The purpose of a mobile application defines the priority platform for development. If expeditious monetization is necessary, we recommend to begin with iOS. In case the broad coverage of audience is the main aim, we recommend to start with Android.
Android or iOS, Native or Hybrid — which platform is best to use to build your app? What are your recommendations?
We develop on various platforms. The best option is developing native apps, of course, for example, Swift/Objective-C for iOS and Java/Kotlin for Android. However, we sometimes develop hybrid apps in order to make it faster and cheaper. In this case, we can use React Native or some other hybrid technologies. Furthermore, we at Fayrix has a proprietary Mobile Service Platform (MSP), which is basically a constructor for quick mobile and web apps production.
What are the key factors that you consider before deciding the cost of a mobile application?
We consider a lot of various factors in estimating the project. They not only include the complexity of features to be developed, but also market potential, risks involved and others. We typically break the whole project down to separate features and estimate them, taking into account analytics, development, QA, project management and even DevOps involved.
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.)
All of these payment structures are acceptable for us. We offer different cooperation models to our clients such as Fixed-price projects, Time & Materials with per hour billing and Dedicated project teams with monthly FTE billing.
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?
Yes. Our minimum budget requirement is $5000. We even work with startups with close to zero budget. If we feel that the project is very promising (we have a bunch of venture analysts over here), we are ready to support it with our technology resources at no charge for further revenue share relationships.
What is the price range (min and max) of the projects that you catered to in 2017?
Minimum was $12000 and the maximum was $250000.
Which business model do you suggest to your clients enabling them to generate revenue from mobile applications? Why?
It fully depends on the project. If the project implies maximum audience coverage, the advertising model is acceptable. E-commerce apps, such as an online retail store, should be free, of course. They generate money selling goods, not apps. For niche utility products we would recommend a premium model. In other cases, freemium is the optimal choice.