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Feasibility Study in Software Development

Software Development Feasibility Study - ScienceSoft

A feasibility study in software engineering is a rigorous evaluation of the profitability and viability of a software development initiative. An IT consulting company with 35 years of experience, ScienceSoft helps businesses understand whether a new software project is worth their time and money.

What You Get with a Feasibility Study

We analyze your business needs, stated goals and current business processes to provide you with a feasibility study report. Our report contains:

Several software solution alternatives

with rated strengths and weaknesses for each suggested variation.

Advice on the best-fitting solution

with a clear rationale behind our suggestions.

A business case

for a recommended solution, including cost and ROI estimation and risk analysis.

Optimal tech stack and architecture design

ensuring high performance, usability, scalability, security, easy evolution, and cost-effectiveness of your solution.

An implementation roadmap

for a recommended solution to achieve the project goals and effectively address time and budget constraints.

Additionally, you can opt for a small proof-of-concept (PoC) to test and verify the chosen technologies. ScienceSoft delivers a PoC in 2-3 weeks.

Why Trust Feasibility Assessment to ScienceSoft

  • 35 years in end-to-end software engineering.
  • Around 4,000 successful projects.
  • IT consultants with 10-20 years of hands-on experience in their expert fields.
  • 750+ full-time employees onboard, including certified IT consultants, BAs, technical architects, and QA consultants.
  • Recognized tech leader by BBB (rating: A+), Forrester, and Clutch.co.
  • Profound experience in big data, IoT, AI/machine learning, blockchain, image analysis:
    • Data analytics services since 1989.
    • Big data consulting services since 2013.
    • IoT consulting services since 2011.
  • Mature quality management system confirmed by the ISO 9001 certification allowing to implement projects that fully meet our customers' quality, time, and budget expectations.
  • Guaranteed security of the customers’ data we access proved by ISO 27001 certificate.
  • ScienceSoft is a 3-year champion in The Americas’ Fastest-Growing Companies rating by the Financial Times.

Explore Our Featured Success Stories

Our Approach to Conducting a Feasibility Study

Grounded estimates

We provide you with a detailed feasibility report with a transparent rationale and all the supporting information attached.

Minimal disruption to your daily workflows and schedules

To minimize the interference with your processes, we:

  • Inform you in advance about the number of your engagement hours we will need.
  • Adjust our communication to your business hours and a preferred communication channel (email, voice/video calls).
  • Report on the progress regularly.

Choose Your Service Option

Exploration of software solution alternatives

  • You have an urging business need that can be solved with a software solution.
  • We analyze your needs, define available solution variants, and help choose an optimal one in terms of operational and economic feasibility.
I need this!

Analysis of several shortlisted software solutions

  • You have a prepared list of comprehensively described software solutions but can’t choose the best one.
  • We help you decide on the optimal option in terms of technical feasibility and cost/benefit ratio.
I need this!

Assessment of the pre-selected software solution

  • You have a detailed technical description of a pre-selected software solution.
  • We help you outline the project budget (for in-house and outsourced software development), identify development risks, and assess overall software profitability.
I need this!

Determine the Value of Your Project

Through a viability and profitability analysis, ScienceSoft’s consultants can provide a detailed explanation of whether your software project is worth implementing. We’ll assess it in terms of economic, technical and operational feasibility and deliver a structured software development strategy outline to maximize the possible value.

Remove Doubts about Your New Project

It’s your move. Request a professional project feasibility analysis to support the proper decision-making regarding new software implementation.