Software Development Feasibility Study
A software development feasibility study is a rigorous evaluation of the profitability and viability of a software development initiative. A software engineering and IT consulting company with 31-year expertise, ScienceSoft helps businesses understand whether a new software implementation project is worth their time and money, and if so, how to translate their business needs into technical requirements in an optimal way.
WHAT YOU GET WITH A FEASIBILITY STUDY
We analyse your business needs, stated goals and current business processes to provide you with a feasibility study report. Our report contains:
Several defined software solution alternatives with rated strengths and weaknesses for each suggested variation.
Solution recommendation with clear justification.
Suggested tech stack and architecture design for a selected solution with a view to software’s high performance, availability, usability, reliability, security & compliance, maintainability, portability and optimal costs of ownership (TCO).
A business case developed for a recommended solution, including ROI estimation and risk analysis.
A high-level project management and implementation scenario for a recommended solution to reach the project goals holistically.
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.
- 31 years in end-to-end software engineering.
- 2,695 successful projects.
- IT consultants with 10-20 years of hands-on experience in their expert fields.
- 700 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.
- 8 Gold Microsoft Competencies, AWS Select Consulting Partner, IBM Silver Business Partner, Oracle Partner, Premier ServiceNow Partner, Magento Solution Partner, Salesforce Registered Consulting Partner.
OUR APPROACH TO CONDUCTING A FEASIBILITY STUDY
We provide you with a detailed feasibility report with a transparent rationale and all the supporting information attached.
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 alternatives
- Analyze business needs.
- Consider available software solutions.
- Find the optimal solution in terms of operational and economic feasibility.
Analysis of several prepared options
If you already have a list of options but can’t decide on the best one, we can help you choose the most feasible option.
Assessment of the pre-selected option
If you already have clear future software requirements, we can help you understand future software costs, assess software profitability and technical feasibility.
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.