Keep software maintenance costs under control

Utah Tech Labs can help reduce software costs by up to 30% in just four months

Regular maintenance is crucial to keep systems functional, up-to-date and competitive. Meeting both current needs and anticipating future demands ensures that software remains relevant in a rapidly evolving digital world.

Managing software maintenance and its associated costs is more than just a technical requirement: it is a strategic business priority. By 2022, poor-quality software will cost American companies at least $2.41 trillion, while technical debt alone will cost about $1.52 trillion. These expenses have a direct impact on productivity, customer satisfaction and growth.

According to Atlassian, small businesses experience average downtime costs of $135-$425 per minute.

Costs of downtime per industry:

• Media: $90,000 per hour.
• Healthcare: $636,000 per hour.
• Retail: $1.1 million per hour.
• Telecommunications: $2 million per hour.
• Energy: $2.48 million per hour.

Brokerage services carry one of the highest costs of downtime at $6.48 million per hour, according to Pingdom.

While maintenance and upgrades are essential to avoid these costly disruptions, controlling these costs is critical, especially when budgets are tight. This is where Utah Tech Labs can help you. With experience managing enterprise platforms, they developed a proven 10-step process to deliver effective maintenance at a significantly lower cost.

How much does it cost to maintain software?

One of the most common questions for platform owners is maintenance costs. Utah Tech Labs reports that research and experience show that software maintenance varies based on complexity, platform type, user volume and age. A web application for small businesses with 50,000 active users can cost around $10,000 per month, while a comparable mobile and web app can cost around $12,000. For enterprise platforms, maintenance can exceed $50,000 per month.

Types of software maintenance

Effective maintenance includes corrective, adaptive, preventive and progressive maintenance.

Corrective: Fixes bugs or defects. If the initial build contains bugs, it can eat up a large portion of the maintenance budget.

Adaptive: Keeps software in tune with changing business needs.

Preventive: Prepares for future threats and traffic spikes.

Progressive: Improves features and user experience, crucial for long-term success.

An experienced development team

Utah Tech Labs prides itself on its highly skilled and experienced team of app developers, designers and strategists who are passionate about turning ideas into tangible solutions. With expertise in a wide range of technologies and platforms, they can create and maintain applications for both iOS and Android devices, ensuring widespread accessibility.

Utah Tech Labs has a skilled team of developers, designers and strategists who bring ideas to life with practical, high-quality solutions. With experience across a range of industries, including healthcare, finance and e-commerce, the team is adept at creating and maintaining iOS and Android applications for broad accessibility. Notable customers include Aptive, Amber Alert GPS, Adobe, Drift and House of Marley.

Utah Tech Labs take the time to deeply understand each customer’s unique needs so that solutions seamlessly fit their goals and deliver maximum value.

Take the next step

Ready to optimize your software for changing business needs while keeping costs under control? Schedule a 15-minute discovery call with Utah Tech Labs to discuss your project and explore a custom solution. Visit their website today to get started on your app development journey.