Turning an idea into a running software solution requires a skilled team of developers. For larger projects, a dedicated team is essential to ensure continuous development, smooth deployment, and ongoing enhancements. Software Lighthouse provides a dedicated team to bring your idea to life, continuously develop new features, and offer client support to ensure your project runs smoothly and successfully.
Payment Structure for a software project development with a dedicated team
Introducing Our Flexible Software Development Payment Model
At Software Lighthouse, we understand that software projects are dynamic and ever-evolving. To better align with client needs and ensure sustainable development, we have designed a comprehensive payment structure that balances flexibility and transparency. Our model divides the development lifecycle into three distinct phases:
1. Initial MVP Phase
What is MVP and Why Is It Important?
A Minimum Viable Product (MVP) is a working version of your idea that allows stakeholders to experience the concept in action. It serves as a base application to kickstart growth and provides a foundation for gathering feedback and refining the product. By making the MVP operational, stakeholders can identify practical needs and potential areas of improvement, setting the stage for the product’s future development.
Objective: Deliver a Minimum Viable Product (MVP) with all foundational features and functionalities of a module.
Team Composition: This phase involves specialized professionals such as business analysts, system architects, UX/UI designers, senior developers, and quality assurance engineers.
Pricing: Due to the high expertise required, this phase is charged at a premium rate.
- Deliverables:
- Defining user roles, actions, and a comprehensive feature list for each role.
- Base functionality development.
- First running version of the idea.
- Fully functional MVP for the module.
- Documentation and foundational infrastructure.
- Roadmap for subsequent feature development.
2. Monthly Subscription for Additional Features
Objective: Continuously develop, enhance, and refine the product based on client feedback and evolving needs.
Team Composition: A dedicated team of developers and QA specialists to ensure seamless execution.
Pricing: Clients pay a fixed monthly subscription fee that includes:
- Development of planned additional features.
- Bug fixing and performance optimization.
- Ongoing support and maintenance.
- Key Features:
- Pay-Per-Go Flexibility: Additional features and enhancements are planned collaboratively and executed incrementally, ensuring transparency and cost control.
- Dedicated Development: Clients benefit from a committed team focused on their project.
- Feedback-Driven Enhancements: From our experience, when the MVP is working, different role users begin using the application and stakeholders discover new requirements. The MVP guides these discoveries and helps define a new list of addon features.
- Client-Centric Approach: We always respect client feedback and strive to accommodate these requests. All stakeholder needs are reflected in the app while ensuring our business is not trapped in endless unpaid updates.
Objective: Continuously develop, enhance, and refine the product based on client feedback and evolving needs.
Team Composition: A dedicated team of developers and QA specialists to ensure seamless execution.
Pricing: Clients pay a fixed monthly subscription fee that includes:
- Development of planned additional features.
- Bug fixing and performance optimization.
- Ongoing support and maintenance.
- Key Features:
- Pay-Per-Go Flexibility: Additional features and enhancements are planned collaboratively and executed incrementally, ensuring transparency and cost control.
- Dedicated Development: Clients benefit from a committed team focused on their project.
3. DevOps and Post-Development Support
Objective: Maintain and scale the product after active development is complete.
What is DevOps? DevOps is a collaborative approach that combines development and operations to ensure seamless deployment, monitoring, and management of applications. For non-technical readers, this phase focuses on making sure the software runs smoothly, reliably, and securely. It involves tasks like setting up servers, automating processes, monitoring system performance, and ensuring that the product is always available and functional for users.
Pricing: Charged as per industry standards based on the scope of infrastructure and monitoring requirements.
- Services Included:
- Server monitoring and management.
- Regular updates and patches.
- Scalability planning and implementation.
- Data backup and recovery.
- Services monitoring to ensure optimal performance.
Phase Transition: The DevOps phase begins after the active development phase is finished, ensuring a smooth handover from the development team to the operations team for long-term maintenance and support.
Objective: Maintain and scale the product after active development is complete.
Pricing: Charged as per industry standards based on the scope of infrastructure and monitoring requirements.
- Services Included:
- Server monitoring and management.
- Regular updates and patches.
- Scalability planning and implementation.
- Data backup and recovery.
- Services monitoring to ensure optimal performance.
Application to Multi-Module Projects
For projects involving multiple modules, each module will independently go through these three phases:
- MVP Phase: Establish the core functionalities of the module.
- Monthly Subscription: Introduce and refine additional features based on client priorities.
- DevOps Phase: Provide long-term support and maintenance.
This modular approach ensures flexibility and adaptability, allowing clients to prioritize and control costs effectively. Additionally, the MVP phase lays a solid foundation for collaboration and clarity between the client and development team, setting the stage for successful iterative development.
Why Choose This Model?
- Transparency: Clients know exactly what they are paying for at every stage.
- Flexibility: Adjust scope and priorities as your business needs evolve.
- Sustainability: Ensure long-term support and growth without unexpected costs.
- Efficiency: Modular structure allows focus on specific functionalities and goals.
Let’s build something exceptional together, one phase at a time! Contact us to discuss how this payment model can work for your project.