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What is the Next Step? What after this call?
If you find us Valuable & Capable Partner for your digitisation needs then we can offer you "Digital Transformation Kickstart" package which will provide you with a clear roadmap for your software development, this will be tailor-made for your specific business needs.
*Approx. 5% of total project budget
Did you know?
Up to 72% of software projects fail to fully achieve their original objectives or intended purpose.
A significant 57% of project failures are due to communication breakdowns.
Around 37% of IT projects fail due to a lack of involvement from senior management.
Key Takeaway: Clearly defining and aligning project goals with business objectives is crucial for success.
40-50% of projects miss their deadlines, leading to delays and cost overruns.
21% of projects experience significant schedule overrun.
Approximately 32% of IT project failures result from inadequate time management practices.
Key Takeaway: Implementing effective project management methodologies and realistic timelines is essential for on-time delivery.
Nearly 49% of software projects face budget overruns.
33% of projects experience significant cost overruns.
41% of projects encounter substantial budget overruns, contributing to financial challenges and project setbacks.
Key Takeaway: Accurate cost estimation, budget control, and managing scope creep are vital for staying within budget.
Change Request Overload
45% of projects suffer from excessive change requests (CRs), causing rework and hindering progress.
37% of projects experience significant scope changes.
42% face project scope changes, causing delays and complexities.
Key Takeaway: Smooth change requires clear requirements, strong change management, and managing stakeholder expectations.
Combined Failure Rate
A staggering 84% of projects experience at least one major failure (objective, timeline, budget, or scope)
About 14% of IT projects fail completely.
How our "Digital Transformation Kickstart" package helps mitigate above mentioned risks of Software Development by:
Focusing on clear goal definition and alignment
Creating a roadmap for efficient project execution (which includes Mindmap, Wireframes, UI/UX & SRS), visualizing your project before development begins. With help of these artifacts you can -
Secure buy-in from all stakeholders
Avoid costly development mistakes
Save time and resources in the long run
And, Attract investors (if applicable) with a clear vision
Providing accurate time & cost estimates
Ensuring transparency and preparedness
Implementing effective change management processes