The average software development project takes 4.5 months to build and costs $36,000.

Statistic Info

The average time it takes for a web development project takes about 4.5 months to build with a cost of around $36,000. Companies are constantly looking for ways to implement efficient tools to make processes easier and faster for not only the employee but the customer as well.

Author: Thrive My Way

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Software Engineering

Research found that companies with elite-performing engineering organizations are twice as likely to achieve their organizational goals and achieve a 50% higher growth rate over three years.

The most popular emerging technologies that global software developers have adopted in 2022 include AI assisted software and computer vision.

According to the survey, close to 19 percent of the respondents have spent between one and four years writing code, while 0.34 percent of developers have spent 50 years or more coding.

46.85 percent of surveyed software developers reported using MySQL

About 69% of businesses have adopted cloud-computing technology.

The US holds 33% of the global tech market.

According to recent data, over 30% of programming teams have a specialized department solely responsible for security monitoring and quality assurance.

Software Engineers are ranked #8 on Glassdoor’s Top 50 best jobs in America for 2022

70% of software developers have used JavaScript in the last 12 months.

The average software development project takes 4.5 months to build and costs $36,000.

More 2022 Stats

43% of support teams are now prioritizing increasing workflow efficiency

72% of consumers say relevant content delivered at the right time and place boosts their trust.

32% of respondents say their organizations are failing to properly distribute data-driven customer insights throughout the organization.

60% of executives don’t feel their organization is tailoring their communications well with their current tools.

56% of survey respondents are encouraging greater cross-functional team collaboration over the next 18 months with the explicit aim of improving customer engagement.

88% of businesses say customer engagment is critical to their bottom line.

93% of customers are more likely to remain loyal to companies with excellent support.

44% of businesses say that siloed efforts with no collaboration are one of the biggest impediments to successful customer engagement.

Recent data reveals that 90% of companies report that they are planning to deploy AI by 2022.

95% of customers choose a business that offers help through all the stages of the purchase.