SHARE
Facebook X Pinterest WhatsApp

Cost &Time Burdens Plague Mobile App Development

Dec 9, 2014

Cost &Time Burdens Plague Mobile App Development

Prime ContributorPrime Contributor

51% of CIOs surveyed said having a mobile strategy is important to their business, and 46% said it’s critical.

Top Business Goals for MobileTop Business Goals for Mobile

Reducing operating costs: 76%, Increasing employee productivity: 76%, Engaging customers wherever they are: 72%, Creating new revenue paths: 64%, Disrupting the market: 12%

Costly EndeavorCostly Endeavor

The average cost of building a single app is $270,000, with 18% of mobile leaders indicating they spend anywhere from $500,000 to more than $1 million per app.

Extended EffortExtended Effort

56% of mobile leaders said it takes anywhere from seven months to more than a year to build one app, and one-half of CIOs agree that the app development process takes too long.

How to Shorten App Development/DeploymentHow to Shorten App Development/Deployment

Add cloud services: 63%, Standardize development processes: 54%, Outsource development: 46%, Hire additional developers: 42%, Use external consultants: 42%

Migration Under WayMigration Under Way

Two-thirds of CIOs surveyed expect their overall use of cloud services for infrastructure and apps to increase by at least 11% within the next 12 months.

Scattered EffortScattered Effort

71% of app development is led by product lines or functions, such as marketing and sales, rather than a centralized enterprise approach led by IT.

Reasons for Lacking a Mobile StrategyReasons for Lacking a Mobile Strategy

Mobile projects are run separately: 61%, Decision-makers can’t agree on one: 45%, “We’ve been successful without one”: 29%

Missing PiecesMissing Pieces

Seven out of 10 CIOs said they lack the right skills and tools to advance their mobile strategies.

Funding GapFunding Gap

67% said a lack of budget leads to gridlocked or inefficient mobile strategies.

Recommended for you...

AppMySite Review and Pricing: Build Mobile Apps Without Coding
Kara Sherrer
Jun 13, 2022
How Does Mobile Application Management Work?
Don Hall
Mar 24, 2022
Schlegel Villages Puts Wireless to Work
Samuel Greengard
Sep 13, 2017
How Mobility Is Driving the Digital Transformation
CIO Insight Logo

CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need to maintain regulatory compliance for their teams and organizations. CIO Insight is an ideal website for IT decision makers, systems integrators and administrators, and IT managers to stay informed about emerging technologies, software developments and trends in the IT security and management industry.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.