Business: insights from people who build products

A successful project starts with planning and evaluation. Without a detailed roadmap, you risk ending up in the chaos of missed deadlines, underestimated tasks, and failed objectives. Agile story points estimation methods help developers see the bigger picture and update a client on approximate budgets and timeframes....

The estimation process is a common headache that agile teams face. At first glance, it is extremely simple: you have to predict the amount of effort to complete a particular pool of tasks. But estimation is a two-way street — it can benefit you while breaking a large user story into short and easy tasks, but one wrong...

There’s a joke that goes, “Before the idea is validated, your product team is just collectively hallucinating.” The customer-centric business methodologies have proved that even excellent ideas fail if people don’t need them. If you’ve already found your niche, discovered the money-generating idea through problem inter...

IT outsourcing has attracted massive attention and turned into a thriving industry as the overall global market valuation was $526.6 billion in 2021. Plus, it will gain an additional $155.7 billion by 2027. This growth is caused by the increased demand for digitalisation and advanced products.  In addition to China and...

Estimation is considered a critical but complex aspect of the agile development process. It should consider many vital factors that affect all employees and the project itself. Sometimes, team members may conflict in this area, but agile estimation is just an assumption, not a cornerstone. The Story Points Concept Stor...

You may create the best business idea for a tech startup that can change the world forever, but it cannot be realised without the proper financing. Sometimes, you might spend all your budget before your IT company ever gains momentum. Thus, you should learn more about financing and make well-informed decisions. Here’s...

When selecting a digital solution, many businesses have to decide: rely on retail software or pick a custom software development company. At first glance, there is nothing complicated. In the first case, you get quick automation that requires no extra cost, while in the second, you get a full-fledged product that entir...

Have you ever thought about creating a web or mobile app? Do you want it to promote an internal solution or present a new business product? In this case, you should hire a developer or an entire team to create an application for your needs. However, a small number of companies have in-house developers to assign the pro...

Any startup takes hundreds of hours and a lot of effort to put the idea into practice. And, of course, it requires having sufficient funds to develop a project of any scale.  But there is good news for startup founders: the global venture capital investment level continues to skyrocket. For instance, in 2021, this figu...

Use software budget ranges without treating them as fixed-price promises. Compare assumptions, exclusions and delivery risks with a practical worksheet.

In some cases, business owners decide to replace a software development squad. For example, employees have trouble meeting deadlines or do not meet the work standards within the company.  It is not a one-decision since you have to weigh the pros and cons, so you will not experience the same problems with a new dedicate...

Delegating software development has become common practice in the era of global digital transformation. However, IT outsourcing pricing models may appear confusing for many small and mid-size businesses. Such companies usually don’t have the necessary resources to build in-house IT departments yet they need custom digi...