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Mobile IoT Authors: Yeshim Deniz, Elizabeth White, Liz McMillan, Pat Romanski, Rostyslav Demush

Related Topics: Open Source Cloud, Mobile IoT, Wearables, @CloudExpo, @DXWorldExpo, @ThingsExpo

Open Source Cloud: Blog Post

How Much Does a Mobile App Cost? | @CloudExpo #Cloud #Mobility

How much does it cost to make an app is almost as popular a question as it is confusing

How much does it cost to make an app is almost as popular a question as it is confusing.

No one tries to learn the exact costs of, say, making a movie: people realize that there's an overwhelming amount of variables involved on which they depend.

But almost every day a new inquiry is posted on a tech forum, Quora, or Reddit, as to how much it'd take to build a mobile business app.

Such calculation, in many ways, is even harder to make.

Is there a way to tackle the question properly?

First we want you to understand that any exact figures couldn't possibly be given straight away, without the details, and that all the so-called online app development cost calculators are, essentially, just marketing baits.

That said, there is still some info you can analyze to get a frame of reference; to get a rough idea about a budget you can squeeze an app in.

Here's what you should look for:

  1. Suggestions from experienced VCs
  2. The funding raised for successful app-oriented companies
  3. Estimations from seasoned software vendors, such as Perfectial, that are based on the projects they've worked with over the years.

What do VCs say:

According to Jason Calacanis, a renowned entrepreneur and Angel Investor, startups should raise at least $750,000 in the seed round of funding to cover an 18-month runway ($35,000/month), capex, legal and operational fees ($120,000).

Although Jason is talking about getting a whole company off the ground, we can still figure out the approximate costs of building an app using his rates.

The majority of solid mobile apps - or rather their 1.0 versions - are built within a 2-4 month period. Therefore, the costs of development vary from $70,000 to $140,000.

Fred Wilson, a co-founder of Union Square Ventures and one of the world's most respected venture capitalists, says that startups usually need $500,000 to $1,500,000 at the early stage. The seed money helps them find a market fit and leave their day jobs confidently to delve fully into their projects.

How much funds did famous app-focused companies raise?

  • Instagram raised $500,000 in the seed round. The app included a heavy server element, but initially, didn't have Android support.
  • Uber, another app with an elaborate backend, acquired $200,000 in venture funding initially, and then received another $1,25 million in the series A round.
  • Snap Inc, the founders of SnapChat, got $485,000 in the seed round.
  • Twitterific, the MAC OS and IOS client for Twitter, cost $250,000 to build (both iPhone and iPad interfaces)
  • Obama app, which was rather simple, was built for $50,000-$150,000

What are the estimations of one of the app development vendor (Perfectial)?

Based on the data of one of the app development company (Perfectial) there are three categories of mobile apps complexity-wise: simple apps, mid-level apps, enterprise apps.

Simple apps only have up to 10 API endpoints (nothing more than a menu and a few clickable titles). It takes roughly 180 man-hours (140-development; 40 design) to build them. There is no need to hire prodigious experts for such projects too, so you can get an $65/hour rate and have the product developed for $15,600 give or take.

Mid-level complexity apps include 10-30 API endpoints, are a bit more advanced in terms of interface, and are usually built within 5-8 weeks. The engineers developing them must be skillful ($100/hour), and so the overall costs for launching such apps might vary from $60,000 to $96,000.

Enterprise Apps are usually associated with a heavy server element and extensive API consumption. You'll need top-notch talent to build them, for which you'll be charged $150/hour, and you should expect a 3-6 month development time frame at the very least. The costs for having an enterprise app developed might amount to $100,000 or $1,000,000 or more.


DXWorldEXPO LLC, the producer of the world's most influential technology conferences and trade shows has announced the conference tracks for CloudEXPO | DXWorldEXPO 2018 New York.

DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City.

Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.

A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throughout enterprises of all sizes.

Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)

Sponsorship Opportunities Here

Speaking Opportunities Here

Sponsorship and Speaking Inquiries: [email protected].

2018 Conference Agenda, Keynotes and 10 Conference Tracks

DXWordEXPO New York 2018 and Cloud Expo New York 2018 agenda present 222 rockstar faculty members, 200 sessions and 22 keynotes and general sessions in 10 distinct conference tracks.

  • Cloud-Native | Serverless
  • DevOpsSummit
  • FinTechEXPO - New York Blockchain Event
  • CloudEXPO - Enterprise Cloud
  • DXWorldEXPO - Digital Transformation (DX)
  • Smart Cities | IoT | IIoT
  • AI | Machine Learning | Cognitive Computing
  • BigData | Analytics
  • The API Enterprise | Mobility | Security
  • Hot Topics | FinTech | WebRTC

Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)

DXWorldEXPO | CloudEXPO 2018 New York cover all of these tools, with the most comprehensive program and with 222 rockstar speakers throughout our industry presenting 22 Keynotes and General Sessions, 200 Breakout Sessions along 10 Tracks, as well as our signature Power Panels. Our Expo Floor brings together the world's leading companies throughout the world of Cloud Computing, DevOps, FinTech, Digital Transformation, and all they entail.

As your enterprise creates a vision and strategy that enables you to create your own unique, long-term success, learning about all the technologies involved is essential. Companies today not only form multi-cloud and hybrid cloud architectures, but create them with built-in cognitive capabilities.

Cloud-Native thinking is now the norm in financial services, manufacturing, telco, healthcare, transportation, energy, media, entertainment, retail and other consumer industries, as well as the public sector.

CloudEXPO is the world's most influential technology event where Cloud Computing was coined over a decade ago and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals.

FinTech Is Now Part of the DXWorldEXPO | CloudEXPO Program!

Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expensive intermediate processes from their businesses.

Accordingly, attendees at the upcoming 22nd CloudEXPO | DXWorldEXPO November 11-13, 2018 in New York City will find fresh new content in two new tracks called:

  • FinTechEXPO
  • New York Blockchain Event

which will incorporate FinTech and Blockchain, as well as machine learning, artificial intelligence and deep learning in these two distinct tracks.

Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)

Sponsorship Opportunities Here

Speaking Opportunities Here

Sponsorship and Speaking Inquiries: [email protected].

FinTech brings efficiency as well as the ability to deliver new services and a much improved customer experience throughout the global financial services industry. FinTech is a natural fit with cloud computing, as new services are quickly developed, deployed, and scaled on public, private, and hybrid clouds.

More than US$20 billion in venture capital is being invested in FinTech this year. DXWorldEXPOCloudEXPO are pleased to bring you the latest FinTech developments as an integral part of our program.

DXWorldEXPO | CloudEXPO are accepting speaking submissions for this new track, so please visit Cloud Computing Expo for the latest information or contact us at [email protected]

Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)

Sponsorship Opportunities Here

Speaking Opportunities Here

Sponsorship and Speaking Inquiries: [email protected].

Download Slide Deck ▸ Here

Only DXWorldEXPO | CloudEXPO bring together all this in a single location:

Attend DXWorldEXPO | CloudEXPO. Build your own custom experience. Learn about the world's latest technologies and chart your course to Digital Transformation.

22nd International DXWorldEXPO | CloudEXPO, taking place November 11-13, 2018, in New York City, will feature technical sessions from a rock star conference faculty and the leading industry players in the world.

Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)

Sponsorship Opportunities Here

Speaking Opportunities Here

Sponsorship and Speaking Inquiries: [email protected].

Download Slide Deck: ▸ Here

Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some form of XaaS - software, platform, and infrastructure as a service.

With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.

Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers.

Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)

Sponsorship Opportunities Here

Speaking Opportunities Here

Sponsorship and Speaking Inquiries: [email protected].

Download Slide Deck: ▸ Here

Companies are each developing their unique mix of cloud technologies and services, forming multi-cloud and hybrid cloud architectures and deployments across all major industries. Cloud-driven thinking has become the norm in financial services, manufacturing, telco, healthcare, transportation, energy, media, entertainment, retail and other consumer industries, and the public sector.

Sponsorship Opportunities

DXWorldEXPO | CloudEXPO are the single show where technology buyers and vendors can meet to experience and discus cloud computing and all that it entails. Sponsors of DXWorldEXPO | CloudEXPO will benefit from unmatched branding, profile building and lead generation opportunities through:

  • Featured on-site presentation and ongoing on-demand webcast exposure to a captive audience of industry decision-makers.
  • Showcase exhibition during our new extended dedicated expo hours
  • Breakout Session Priority scheduling for Sponsors that have been guaranteed a 35-minute technical session
  • Online advertising on 4,5 million article pages in SYS-CON's i-Technology Publications
  • Capitalize on our Comprehensive Marketing efforts leading up to the show with print mailings, e-newsletters and extensive online media coverage.
  • Unprecedented PR Coverage: Unmatched editorial coverage on Cloud Computing Journal.
  • Tweetup to over 100,000 plus Twitter followers
  • Press releases sent on major wire services to over 500 industry analysts.

Secrets of Our Most Popular Sponsors and Exhibitors ▸ Here

For more information on sponsorship, exhibit, and keynote opportunities, contact [email protected].

Sponsorship Opportunities Here

Download Slide Deck:Here

Speaking Opportunities

The upcoming 22nd International DXWorldEXPO | CloudEXPO November 11-13, 2018 in New York City, NY announces that its Call For Papers for speaking opportunities is now open.

Secrets of Our Most Popular Faculty Members ▸ Here

Submit your speaking proposal Here or by email [email protected].

Download Slide Deck: ▸ Here

About DXWorldEXPO LLC

DXWorldEXPO LLC is a Lighthouse Point, Florida-based trade show company and the creator of DXWorldEXPODigital Transformation Conference & Expo. The company produces and presents CloudEXPO, DevOpsSummitFinTechEXPO Blockchain Event, the world's most influential conferences and trade shows.

More Stories By Rostyslav Demush

Ross Demush is a digital marketing specialist at custom software development company Perfectial, a leading provider of web & mobile development services, specializing in FinTech, Real Estate, Media & Entertainment & eLearning.

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