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No matter how advanced and the multi-talented team you have, if they fail to deliver you an exact product which you want, you need to hire a dedicated software team to fulfill your requirements. Choosing the right software firm is not an easy task; you have to consider many points that match your criteria and obviously budget.

It seems easy in the first place, as a business owner you have to think twice when you are hiring a software company because you are investing both your time and money, that can deliver a perfect product that fulfills your requirements. Whether you are selecting a company or hiring an individual to develop a simple CRM or employee performance tracking system, make sure it will create a huge impact on the company.

Before shortlisting any company, make sure what you want, discuss it with your team, list-down consequences. After that, start searching for the right company that can fulfill your needs and convert your vision into reality. On the other hand, the wrong one will waste your time, money, and do not contribute to your ideas. So let’s see which are some important tips you need to consider while choosing the right company.

# Discuss Your Idea With Vendors

Before contacting any software company, you should have a crystal clear idea and plan in your mind what exactly you want from them. List down day-today- operations, transactions of the business, and decide the budget first. Identify the scope and resources that may be required during the development cycle.

Create a proper list of your requirements, so it would be easy for you to choose the company that ensures quality and better performance of your custom software. The expert team of development may give you better insights while discussing the ideas based on their experience and knowledge.

# Technical Experience

This is the second and most important factor to consider. These days, we are introducing new technological innovations and modern solutions; you should not hire someone who can not work with new technologies and stick to old ones. If you are a startup and facing the budget issue, it would be advisable to go with the idea of Minimum Viable Product (MVP), it is cost-effective and saves time.

Along with this, if you are building smart web apps, you should have knowledge of trending technologies such as AI, Ml, Big Data, and Blockchain. For your safety purpose, ask the software company to show their part work in this particular niche.

When looking through past work or portfolio, concentrate on software performance and code-quality. A code is an important part of any development cycle because fifty percent of software success depends on how the users interact with it.

# Communicate Regularly

Have you ever faced the situation where you want to buy something, but you are not provided proper information? It disappoints the customers, and they leave your website forever. Same way, when you hire any software development firm, you need to communicate with them regularly for better output.

For example, you have hired a software firm to develop instacart clone, timely and concise communication is another important factor that improves the software quality. Your vendor should be open to communicate with you at any time. It is their responsibility to inform you about project status and acknowledge you about every phase.

Modern and widely-used communication tools such as Slack, Skype, Google Hangouts make it easy for vendors to collaborate from anywhere anytime.

# Visit Product Portfolio

Before hiring any custom software company, ask them to show their portfolio and try to interact with their preview clients. They will give you an unbiased review; you can decide easily whether you should hire them or not. Suppose you are about to hire any designer for your software, you can see their work history on popular designing platforms such as Dribble and Behance.

Thus, it gives you a brief idea about a vendor’s work. Thanks to the Internet, it provides you reviews and valuable information about the company.

# Measure Cost-effectiveness Not Cost

After evaluating the above aspects, the cost comes to mind. Outsourcing tends to be much more cost-effective than hiring any onshore development company. Today, there are many platforms that make the outsourcing process easy and secure. You can hire talented developers across the globe at a minimum cost.

Hourly rate and project cost might be decided on the countries and their cost of living. Countries like India and Ukraine are most preferred outsourcing destinations because it offers lower rates as compared to American countries. Here you need to decide which proposal offers you the best value.

For example, company A may charge 50% more than company B but deliver the best output and higher return. Thus, decide cost wisely and ask necessary questions such as delivery time, hidden costs during the development process.

Last Words

Here we have tried to mention the most important points that may help you to pick the best development company for your future projects. Once you decide project objectives, calculate the cost and amount of risk, communicate with your vendors, and set your expectations in front of them. Try to select a company that offers modern solutions and inexpensive development.

As there is cut-throat competition over the internet, it is quite difficult to choose a suitable software development company that fulfills your needs and offers you affordable services. These days, freelancing sites such as Toptal, Upwork, and other sites are highly in demand, if you are planning to hire a dedicated team for your next project, these sites will surely help you.

Now you must be aware of the important factors you need to consider at the time of choosing a software firm. Focus on what you want exactly and find the team based on that. It is a vital decision that empowers your future and accelerates business growth. The execution of your idea is now in the hands of the software team, so make the right and better choice.

The benefits of utilizing blockchain for businesses are numerous and many of them stand out. If you are into interiors, here’s why your business might want to consider blockchain.

Many people relate blockchain technology with cryptocurrencies like Bitcoin. Indeed it is true that it was the success of Bitcoin that brought blockchain technology into limelight. But Bitcoin is just one example of blockchain application. Many sectors are already blessed with the immense benefits of blockchain technology. Yet the adoption into the interior world has been slower to catch on. Many are wondering how this revolutionary technology relates to interiors. So before we dive into the application of blockchain in the interior, let’s start with basics.

Blockchain is a public ledger in which transactions are stored chronologically. The history of transactions is linked together with cryptography and shared with each node in the network. It is peer-to-peer conceptualized and transactions take place without an intermediary.

Here’s why it’s great

It allows verification without depending on third parties.
The data is stored in an append-only manner. So, the data cannot be changed or altered.
Transactions are stored chronologically. Thus, all blocks are time stamped.
It is distributed because the ledger is shared across every single node in the network.
All transactions are transparent. Authoritative individuals can view the transaction.
The transactions stored in blocks are contained in millions of computers taking part in the chain. Hence it is decentralized.
Since different consensus protocols are needed to validate the entry, it resolves the issue of duplicate entry or fraud. Because of this, you can see how blockchain can be beneficial in the transactions of any industry. But did you know blockchain can be equally beneficial to the worlds of the interior? Let’s check how blockchain has the potential to revolutionize the way we look at the interior industry.
Blockchain with property

Contrary to the famous misbelief of technology, blockchain does not need to be associated with cryptocurrency. Blockchain is not a digital token. One of the capabilities of blockchain is called smart contracts, which allow you to bind a condition to the transaction. In other words, the same technology can be used to establish a contract, say, in case of interior – building maintenance.

For example, if you have a light fixture built into space, you have a sensor that can track if the light is working or not. If the light goes out, the blockchain platform can notify the system administrator to change or repair the light. Everything can be specified in the smart contract like who is responsible for maintenance, which company, or even which internal staff is responsible, etc. In this case, the Internet of Things [IoT] can help to track whether the issue is resolved or not and smart contracts can then make payments to the service provider automatically once a task is complete.

Blockchain with Project Management

When it comes to project management, blockchain’s immutable approach to keep record unaltered supports accuracy in time tracking. Suppose you want to know about the progress of the work and how long the laborer has been on-site. Blockchain allows you to track how much time laborer has spent on the job based on how long their IoT device [smart phone] was on the site. Additionally, you can have an automated payment system bind with particular action i.e. release payment after the system verifies that work has been done.

Automating the process reduces accountability issues such as time tracking, payment processing, etc. Less time is spent on back-end administrative tasks and more time is dedicated to end-user and their requirements.

Blockchain with Design

Blockchain’s most valuable asset is its ability to secure the transaction of proprietary information. Blockchain is a distributed ledger. This ledger is shared on all the computers that process the information. You can always check what has taken place, when, by whom, which can reduce the fraudulent activities.

In the case of interior design, this is the good news for designers looking to protect their intellectual data. This is specifically beneficial when working with many parties in an open marketplace. Additionally, blockchain can verify who has access to the document. When working with designs, this guarantees the accurate version control.