The cost of software development is falling faster than industry researchers can effectively measure. So, by the time someone can calculate the cost to develop enterprise software (opens in new tab) or to start a software-centric startup company, next year’s numbers could easily be 10-20 percent lower.
Reasonable software costs and access to sophisticated cloud infrastructure are just two reasons why venture capitalists are saying that there’s never been a better time to start a software company.
What used to cost $1 million in hardware, software, web hosting (opens in new tab), infrastructure and engineering salaries to build a minimum viable product (MVP) could cost as little as $200,000 today. And some entrepreneurs say it’s only $15,000 for a niche product.
Indie developer…
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