Did you know that more than 60% of companies store data in the cloud? According to a statistic, the cloud-based application development market is estimated to reach $1073.03 billion by 2030, growing at a CAGR of 15.8%. Cloud services have helped businesses increase their return on investment (ROI) and reduce operational costs, boosting the market value of cloud application development platforms.
Digital transformation in data generation Cloud computing services have made it easy for businesses to access, store, and manage data easily. The major driving factor behind cloud-based apps is that businesses can use them remotely. Additionally, the integration of cloud services with business operations has significantly reduced concerns about the expense of hardware, electricity costs, staff expenses, and downtime issues.
So, if you are looking to develop an app, learning how to work with the cloud becomes essential. But what exactly is cloud application development?
Cloud application development is a process of developing software apps that run on the Internet instead of a local server. A cloud app is developed using data and logic (code), which is resource-consuming and needs space to run. Now, developers have options to store the data either on a physical device or on the digital cloud. Storing huge data on a physical or local device can be challenging, as physically you need to buy a server and store data there; that is costly and time-consuming. However, storing data in the cloud is easy, and businesses do not have to buy external resources, saving lots of time and being cost-effective in the long run.
Now, you might have understood the necessity of cloud-based apps for your business. But developing a cloud-based app can be challenging, and it is advised to hire the best cloud-based application development company. But how much does it cost to develop cloud-based apps for the business?
Cost of Cloud-based Application Development
According to industry data, the cost to develop a cloud app depends on numerous factors, including the complexity of apps, customization required, and location of cloud app developers. In general, the cost of cloud-based applications ranges from $10,000 to $100,000. However, to know the final cost of cloud-based apps, it is advised to contact a cloud app development company. Further, in this section, let us shed some light on the various factors that contribute to the cost of cloud-based app development:
App Complexity: The complexity of apps plays a major role in developing the cloud application. If you want to develop a simple app with basic features, the cost ranges from $10,000 to $20,000. However, if you want to add advanced features to the app, then the cost ranges from $20,000 to $100,000. Moreover, this price is not fixed, as the cost can vary depending on the type of industry you are looking to develop the app for.
Features and Functionality: The features and functionalities of an app also affect the cost at a greater level. An app with more features and functionalities consumes more time and resources, adding more cost.
Cloud Platform: What cloud platform you want to use also adds to the app development cost. Some cloud platforms cost more than others.
Experience: The experience of the development team increases the cost. If a team has years of experience in cloud-based application development, the cost will be higher. However, the cost to hire the less experienced cloud app developers will be less. But a more experienced team will be able to develop the app quickly with more accuracy than others.
Benefits of Developing Cloud-based Apps for Business
Now that we have discussed the cost of cloud-based apps for business, let us dive deeper into the blog and discover the benefits of developing cloud-based apps in detail:
Scalable infrastructure: Scalability and flexibility are two of the major benefits of cloud applications. Cloud infrastructure developed using scalable architecture helps businesses adjust storage and memory based on workflow and budget.
Reliable uptime: Did you know that the hourly downtime of a server costs businesses around $5,000 to $6,600 per hour? However, using cloud-based apps helps businesses avoid these risks. Cloud infrastructure enhances the reliability and trust of production environments, development, and testing.
Smart Spending: Businesses spend a lot on hardware servers, and you need to pay for onsite hardware and capital expenses. However, cloud servers do not need businesses to pay for hardware. These are available on-demand and work on a pay-as-you-go business model.
Automatic Updates: A cloud server operates using a single data center. This single data center is used to distribute updates to all customers, ensuring that your customers are always using the latest version of the software without downloading and installing it again and again.
Cost-saving: Cloud-based apps help businesses manage and maintain IT systems at less cost. These costs are reduced as businesses do not have to hire in-house IT staff. This reduces businesses energy consumption, and software upgrades are taken care of by the cloud-based app development company.
Data Safety: The data is stored in the cloud and is automatically protected using encryption technologies. This means that no power cut or other issues can cause harm to your files, and you can easily access them from various locations to keep your business running smoothly and efficiently.
Steps to Develop Cloud-based Applications
Before you start with the development process of a cloud app, identify your target audience and your business requirements. In this section, we will discuss the steps involved in developing cloud-based apps:
Cloud App Development Company: Hiring the right cloud application development company is crucial to creating the best cloud apps. You can start by shortlisting the app development companies and then checking their experience and competence. Ensure to check the portfolio of all the shortlisted companies. Portfolios give you the clarity about companies and their work experience, helping you choose the right business partner.
Technology Stack: After selecting the right company, it's time to think about what features and functions you need for your cloud app. Businesses should choose the technologies they want to use and how they plan to make money from the app. Also, learn about various technologies and decide how you want to earn revenue. Do you want a cloud app that is free to use with optional paid features (freemium), a paid version (premium), in-app purchases, or another way to make money?
UI/UX Design: After choosing the technology and the features for your cloud app, businesses must think about UI/UX design. Mobile app designers need to develop designs that are attractive and easy to use, developing a user-friendly app for users. Also, be careful when designing cloud-native applications. It’s very crucial for businesses to focus on how users will interact with the app so that you can attract the attention of your target audience.
Application Development: When you start building the app, ensure to do planning. Make sure to communicate with your team, divide up roles, and assign tasks. Use Agile and DevOps methods for developing your cloud application. Pay special attention to cloud-native application development, as it offers more customized and easier solutions.
Testing the App: Once the app is developed, it’s time to test it. A testing team will check the app to make sure it works well before it is released to the public. During testing, the app should run smoothly and quickly for a good user experience.
Launching and Maintaining the App: Once testing is passed, you can launch your cloud app on Google Play (for Android) or the App Store (for iOS). Keep in mind that launching an app can take time and may involve extra costs for development.
Conclusion:
The future of business is in the cloud application. At ToXSL Technologies, a leading cloud-based app development company, we have a team of dedicated developers specialized in developing cloud-based apps. With years of experience in cloud-based app development, we have helped businesses develop faster and smoother business operations.
Whether you are looking to develop a cloud-based app or want to migrate your existing apps to a cloud platform, ToXSL Technologies is the best choice. We understand that every business has unique needs; hence we ensure to develop apps that will meet your business requirements. Our developers ensure they offer cloud solutions that help you expand your businesses safely and enhance your revenue. So, what are you waiting for? Get in touch with our experts today and build a safe and secure business.
