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Consulting businesses were traditionally offline, but digitization spares no one and waits for no one. It’s time for the consulting industry to pursue digital transformation. In this article, we talk about developing a website for online consultations. We’ll cover the online consulting platform development process, dangers to look out for, and costs involved. Read on to learn about software for consulting businesses, or scroll to the end to get an approximate development cost estimate. Stat

You have a brilliant startup idea. But guess what? So do your competitors. What really matters is that your potential customers notice you. Your product either has to meet customer needs that have been unmet by competitors or serve customers in a better way than existing solutions. In this post, we’ll show you how to conduct a competitor analysis that will allow your startup to find the right spot in the market. Why do you need to conduct a competitor analysis? Find the five top brands

To keep afloat, every startup needs to be profitable. In theory, all you need to do is maximize the difference between the cost of production and the marketing costs for your product or service. In practice, just as you can’t reduce the cost of production to zero, you can’t endlessly increase your marketing costs because of competitors and the solvency of your target customers. How to find the right balance between expenses and revenues that will make your business viable? There’s one possible

Like most entrepreneurs, you believe in your startup’s success. But what if this belief is blind? Picture this. After spending 18 months and $70,000 on launching your new business, you recognize that revenue doesn’t meet your expectations and never will. The market is too small, the competition is too high, there are too few paying customers. Is there no way for startup owners to avoid financial losses and frustration? In this article we will dive deep into how to do market research for st

Want to improve your real estate business, get an unfair advantage over your competitors, or entice solid investors? In this article, we consider real estate tech startups in 2025 that have already raised millions in funding along with five technology trends that lie behind them. What PropTech startups are attracting VCs? Heightened interest in technology investment is no longer a novelty for the real estate market. The Center for Real Estate Technology & Innovation (CRETI) reported that in

Wrapping your mind around software development processes can be hard. When you come up with an idea and approach developers with it, the first two things you ask are how much it will cost to implement and how long it will take to build. Estimation is one of the first steps in app development. In this article, we compare the two most popular estimation models in modern software development: Agile story points vs hours. Read on to learn how to estimate time in Agile, get the gist of both estim

If you can’t decide whether you should develop your app or website in-house or outsource development, you’ve come to the right place. In this article, we dive into the in-house vs outsourcing software development debate. We’ll review your mobile and web development options, cover their pros and cons, and offer comparisons. Outsourcing vs In-house Software Development Models First of all, what are the outsourcing and in-house software development models? In a nutshell, in-house software

Entrepreneurs have mixed opinions of software development outsourcing these days, and for good reason. The failure of a payroll app development project outsourced to IBM in 2007 cost the Queensland health department $1.2 billion. On the other hand, outsourcing development to the US allowed Jack Ma Yun, the founder of the Chinese company Alibaba, to bring in $60+ billion in revenue in 2021. What did Ma know that Queensland Health didn’t? In this article, you’ll figure out how to reduce the ri

Building MVP is no simple task. Startup founders face great disappointment when, after months of exhausting work and large sums of money spent, their company fails to withstand the fierce market competition. Here’s what the US Bureau of Labor Statistics tells us about the survival rate of private sector establishments: * 20% of new businesses fail in the first year. * 34% of businesses close within the first two years. * More than 50% of businesses remaining after the second year close by

In 2023, websites where you can compare prices for certain goods or services have reached the peak of their popularity. Today, we’ll discuss how to make a price comparison website and why it’s a profitable business idea. (It really is, by the way.) Our team has been involved in price comparison website development many times, so this guide is based solely on our experience. If you have additional questions related to creating comparison websites, please contact us. What is a price compariso

What is digital transformation? The answer might vary depending on who you ask. But what many business owners have in common when it comes to digital transformation is that they recognize its impact but are hesitant to undertake it. In this article, we talk about the advantages of digital transformation and how to go about building a solid digital transformation strategy for your business. What is digital transformation? That’s a tricky question. Here’s a very general answer: Digital

Testing is an irreplaceable part of software development. Quality testing helps to battle security breaches, which currently cost companies about $25 per minute according to RiskIQ. In Agile methodologies, testing is a continuous process that starts right at the beginning of development. Today, testing can be done either manually or automatically. Let’s look into the manual testing vs automated testing dilemma. You’ll learn the advantages of automation testing over manual testing and vice vers