outsourcing blockchain development

Outsourcing blockchain development services can be viable for businesses seeking to leverage blockchain technology. In this 2023 guide, we analyze the pros and cons of outsourcing, explore the different forms of outsourcing models, and provide a comprehensive guide on how to outsource your blockchain development needs. Hopefully it will equip you with the knowledge to decide on outsourcing blockchain development services.

What is Outsourcing Blockchain Development Services?

Outsourcing blockchain development services involves hiring an external service provider or a team of developers to create a blockchain solution for your business. This means that you delegate the blockchain development process to an external company or contractor instead of building an in-house team. By outsourcing blockchain development services, businesses can save time and money while accessing a team of experienced blockchain developers. It also allows companies to focus on their core competencies while leaving blockchain development to the experts. 

Benefits of Outsourcing Blockchain Development Services

Outsourcing blockchain development services can offer several benefits for businesses, including: 

Benefits of Outsourcing Blockchain Development Services
Benefits of Outsourcing Blockchain Development Services
  • Access to a team of experienced blockchain developers – Outsourcing allows companies to work with professionals with experience in developing blockchain solutions. Companies can access a broad talent pool and work with experts with the necessary skills and expertise to deliver high-quality blockchain projects. 
  • Cost savings – By outsourcing blockchain development services, businesses can save on costs associated with hiring and training an in-house team. Outsourcing service providers can offer more affordable rates, benefiting startups and small businesses. 
  • Flexibility in project management – Outsourcing provides flexibility in project management, allowing companies to choose different engagement models and adjust team size based on project requirements. Depending on the project’s scope and complexity, companies can scale up or down their blockchain development team as needed. 
  • Time savings – By outsourcing blockchain development services, companies can save time by delegating the development process to an external team of experts. This means that businesses can focus on their core competencies while leaving blockchain development to the outsourcing service provider. 

Outsourcing blockchain development services can benefit businesses leveraging blockchain technology without incurring significant costs.

Comparison: In-house vs Outsourcing

When it comes to blockchain development, businesses have two options: building an in-house team or outsourcing the development process to an external service provider. Here’s a comparison of the two approaches:

CriteriaIn-house Development Outsourcing Development
Development CostHigh costs associated with hiring and training an in-house team. Additional costs associated with infrastructure and equipment. May require significant investments in R&D for emerging technologies. Lower costs associated with hiring external developers or outsourcing the project. No additional costs are associated with infrastructure and equipment. 
Tech StackLimited access to a diverse pool of specialized skills and experts. May require additional investment in training and resources to keep up with new technologies. Access to a broad talent pool of experienced blockchain developers with diverse skill sets. Wide range of tech stacks available from outsourcing companies. 
Delivery TimeLonger lead times due to the need to build and train an in-house team. May be slower to respond to changes in the market or industry.  Faster delivery time due to the specialized skills of external developers. More flexibility in project management and team scaling. Scaling Teams  
Scaling Teams  Limited scalability, team size is limited by company budget and resources. May be difficult to find new talent to fill gaps in the team.  More flexibility in team scaling based on project requirements. Can quickly scale up or down without the overheads of recruiting or hiring full-time employees. 

5 Common Blockchain Outsourcing Models

When it comes to outsourcing blockchain development, businesses have several options to choose from, including various outsourcing models. These models are similar to those used in software outsourcing and are designed to help businesses achieve their specific goals while minimizing costs and maximizing efficiency. 

Staff Augmentation Model 

The staff augmentation model is suitable for businesses that need specific skill sets to complement their in-house team. With this model, the outsourcing company provides additional staff to work on specific projects as needed. This model is particularly useful for companies that want to keep the core development process in-house but need additional help for specific tasks. 

The Staff Augmentation model is suitable for businesses that require specialized skills that their current team does not have. It is also suitable for businesses that need to scale up or down their workforce based on project needs. Overall, this model helps businesses optimize costs and increase flexibility. 

Project-Based Model 

The project-based model is suitable for businesses that have a clearly defined project scope and timeline. With this model, the outsourcing company is responsible for delivering the project within the agreed-upon timeline and budget. This model is particularly useful for businesses that want to outsource entire projects and do not have the necessary expertise or resources in-house. 

Advantages: This model allows businesses to outsource entire projects without having to worry about managing the project on a day-to-day basis. It also allows businesses to access specialized talent without having to invest in long-term recruitment and training costs. 

Common Blockchain Outsourcing Models
Common Blockchain Outsourcing Models

Dedicated Team Model

The dedicated team model is suitable for businesses that need a dedicated team to work on a long-term project. With this model, the outsourcing company provides a dedicated team that works exclusively on the client’s project. This model is particularly useful for businesses that want to keep the core development process in-house but need additional resources for a long-term project. 

The dedicated team model offers several advantages, including access to a dedicated team of developers working exclusively on a client’s project. It allows businesses to access specialized talent and resources while maintaining control over the direction and goals of the project. 

Time and Material Model 

The time and material model is suitable for businesses that have a project with an undefined scope or timeline. With this model, the outsourcing company charges the client based on the actual time and materials used to complete the project. This model is particularly useful for businesses that want more flexibility in their development process and have a project that may require changes or additions over time. 
 
Real-time billing helps optimize project costs and progress. It also allows businesses to make flexible changes or additions without having to renegotiate the entire project scope. 

Build-Operate-Transfer Model 

The build-operate-transfer model is a hybrid model that combines outsourcing and offshoring. With this model, the outsourcing company sets up a dedicated offshore development center for the customer, which is managed by the outsourcing company. After a specified period of time, the ownership of the offshore development center is transferred to the customer. 

This model allows businesses to enter a new market with minimal risk and investment. It also allows businesses to leverage the outsourcing company’s expertise and resources to establish a successful business in a new market. 

Choosing the right blockchain outsourcing model depends on the specific needs and objectives of the business. It is important to carefully evaluate the pros and cons of each model and select the one that best fits the business’s requirements.

The Process Of Outsourcing Blockchain Development

Outsourcing blockchain development is a complex process that requires careful planning and execution.  

Define your blockchain development requirements
Define your blockchain development requirements

1. Define your blockchain development requirements: The first step is to identify your specific blockchain development requirements, such as the technology stack, project scope, and budget. 

2. Research potential blockchain development partners: Conduct research to find potential blockchain development partners that have the expertise and experience to meet your requirements. 

3. Shortlist potential blockchain development partners: After conducting research, shortlist the most promising candidates based on their skills, experience, and past projects. Other portfolio elements are helpful, but the case study ultimately helps you decide whether to enlist a blockchain development outsourcer. 

4. Conduct interviews with shortlisted partners: Conduct interviews with the shortlisted blockchain development partners to evaluate their expertise, communication skills, and ability to work collaboratively with your team. 

5.Choose the best-fit blockchain development partner: Based on the results of the interviews and evaluations, select the best-fit blockchain development partner. 

6. Sign a contract and begin the project: Once you have selected a blockchain development partner, sign a contract and begin the project, establishing clear communication channels, milestones, and project scope. 

7. Monitor the project progress: Throughout the project, monitor the progress of the blockchain development team and communicate regularly to ensure that the project is on track. 

8. Receive the final product: Once the blockchain development project is complete,  it is important to have a comprehensive handover and support process in place to ensure a smooth transition. This includes receiving the final product and evaluating its performance, functionality, and security,  handover for the internal team, as well as ongoing maintenance and support for the product.  

Outsourcing blockchain development can be a highly effective way to leverage the expertise and resources of external partners to deliver high-quality blockchain solutions for your business. However, it requires careful planning, communication, and collaboration to ensure a successful outcome.

Simple Tips for Effective Blockchain Development Outsourcing

To take full advantage of Blockchain Development Outsourcing, it is essential to have a solid understanding of the outsourcing process and follow a few key tips for success. 

  • Define your project goals and requirements clearly: This will help you to communicate effectively with the outsourcing partner and ensure that they understand your needs. 
  • Choose the right outsourcing partner: Look for a partner who has experience in blockchain development, a good track record, and a team of skilled developers. 
  • Set clear timelines and milestones: Establishing clear timelines and milestones ensures that the project stays on track and makes it possible for you to make any necessary adjustments along the way. 
  • Maintain open communication: Regularly scheduled meetings, progress updates, and feedback sessions will help to keep everyone on the same page and ensure that the project is moving forward as planned. 
  • Ensure quality control: Make sure that the outsourcing partner has a rigorous testing process in place to ensure that the final product meets your quality standards. 
  • Protect your intellectual property: You need to make sure that the contract to work with outsources specifies who owns the intellectual property rights to the final product. 


How to Choose The Right Partner for Your Blockchain Projects

Choosing the right partner can have a significant impact on the success of your project. And here are a few tips to help you choose the right blockchain development. 

Look for experience: Choose a partner with experience in developing blockchain solutions. Check their portfolio and look for relevant case studies to see if they have experience in developing solutions similar to your project. 

Check their expertise: Ensure that the partner has expertise in the specific blockchain platform or technology that your project requires. They should be able to provide you with the right technology stack for your project. 

Consider communication skills: Communication is key in any outsourcing project. Look for a partner who is responsive and communicates well. They should be able to understand your requirements and keep you informed about the progress of the project. 

Evaluate their team: A good partner will have a team of skilled and experienced developers who are capable of delivering high-quality work. Check their team’s credentials and experience to ensure they are capable of delivering your project. 

Check for security measures: Blockchain projects involve sensitive data and security is of utmost importance. Ensure that the partner has implemented adequate security measures to protect your data. 

By following these tips, you can choose the right blockchain development partner for your project, ensuring its success and avoiding costly mistakes. 

Consider Synodus as The Potential Outsourcing Partner for Your Blockchain Projects

If you are looking for a trusted outsourcing partner for your blockchain projects, look no further than Synodus!

Synodus is trusted by industry-leading enterprises and also innovative, cutting-edge startups. In more than 3+ years of experience, we have a team of 250+ team members, who have been handling more than 100+ portfolio projects in different industries ranging from Retail, Banking, Finance, Healthcare, etc…  

Synodus company picture
Synodus company picture

We provide an extensive range of blockchain services, from Blockchain Professional Services & Advisory, NFT & Games Development, Decentralized Application (dApp) Development, to ICO, IDO, STO, etc. Therefore, we are more than ready to get every project delivered for all your outsourcing needs.  

We offer flexible engagement models, competitive pricing and strict adherence to deadlines, we are excited to “wow” you with what we bring on the table.   

Our development process is truly agile, highly focusing on flexibility, collaboration and efficiency. This is what makes us capable of handling even the most complex projects with ease.  

And if you would love to discover about us more, here is our latest Blockchain portfolio for your reference.  

Understanding that you’ve got hundreds of partnering options out there, we thank you for considering us and we are hopeful that we will always deliver more than you expect.  

Trust us to be your reliable outsourcing partner for all your blockchain needs.

Starting from now on.

How useful was this post?

Average rating 5 / 5. Vote count: 2

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

author avatar

Maya

I am a content planner & writer with more than 2 years of experience in Tech. Writing mostly about Data Analytics, AI, Digital Transformation and Blockchain, I consider myself an aspiring and passionate content writer/editor who enjoys learning new technologies and introducing them to others through easy-to-read texts!

Recent Posts

low code etl

What Is Low Code ETL & Why Does It Replace Manual ETL?  

What is low code ETL and how different is it from manual ETL? Learn about its benefits and the suitable platform for different usage.
Read More
low code data integration

Low Code Data Integration: Main Features & Top 5 Tools

Discover the capabilities of low code data integration, its features, competence against opponents, and the top platform to choose.
Read More
power apps low code

Microsoft Power Apps Low Code: A Detailed Review

Discover how Microsoft Power Apps low code approach transforms businesses across industries, driving digital transformation and boosting efficiency.
Read More
it outsourcing risks

12 IT Outsourcing Risks and Ways to Manage Them 

Learn the IT Outsourcing risks and challenges. 12 ways to prevent and mitigate the effect of it for better partnership and development.
Read More
low code crm

Why Low Code CRM Is A Better Alternative for Growth & Retention?

Discover the benefits of low code CRM platforms, how they transform businesses, potential obstacles, and best practices for success.
Read More
low code developer salary

Comparison of Low Code Developer Salary & Future Opportunities 

Discover the low code developer salary, essential skills to look for, where to hire them and why they are in high demand.
Read More
blockchain development companies in usa

Top 15 Blockchain Development Companies In the USA

This article explores the top 15 blockchain development companies in the USA (using 8 factors) and the benefits of outsourcing to Vietnam.
Read More
low code ai

10 Best-to-use Low Code AI Platforms for Automation & Analytics

Low code AI is a considerable solution for any business that wants to create functional process automation and good analytics in a short time.
Read More
low code development companies in asia

Golden List: Best 8 Low Code Development Companies in Asia

Discover the top low code development companies in Asia and what set them apart from their peers in other regions in the world.
Read More
Is Low code Development the future? What to prepare for?

Is Low code Development The Future? What To Prepare For?  

Is Low Code the future? Learn how to leverage this emerging technology to open your opportunities as a business and developer.
Read More
Native vs Hybrid vs Cross-Platform

Native vs Hybrid vs Cross-Platform: The Three-Way Crossroads 

What to choose: Native vs Hybrid vs Cross-Platform for your product and software development? Learn more with our deep analysis and comparison
Read More
fixed price vs time and materials

Fixed Price vs Time and Materials: Which Is Best for Your Budget?

Analyzing how fixed price vs time and materials could fit your firm, avoid cost overrun and underperformed results with our comparison.
Read More
fintech trends

12 Emerging Fintech Trends That Shape 2023 & The Future (+ Statistic) 

Learn the global fintech trends of 2023 and upcoming years with detailed analysis and statistics to bulletproof your business into the future.
Read More
Popular NFT Use Cases In 8 Different Indutries To Follow

Popular NFT Use Cases In 8 Different Industries To Follow

We all know that NFTs (non-fungible tokens) are digitalized assets being stored...
Read More
outsourcing blockchain development

Outsourcing Blockchain Development Services: 2023 Guide

This comprehensive article will guide you through how to outsource blockchain development with ease. We provide you with tips and even pitfalls to avoid when outsourcing.
Read More
decentralized nft marketplace

Best 15+ Decentralized NFT Marketplaces To Check On

Please glance through a list of potential decentralized NFT Marketplaces before making any investments in NFTs, as it really helps to make better investing decisions.
Read More
nft use cases in financial services

Essential NFT Use Cases In Financial Services You Should Know

Besides a wide range of possible uses of digital art and sports memorabilia, NFT technology may be used for financing purposes, including NFT-backed loans, insurance, investments, right ownership, debt management, etc. Let’s figure out the NFT use cases in financial services in this article.
Read More
dynamic nft

Dynamic NFTs: A Full Guide For Everything You Need To Know

The application cases and functionality of non-fungible tokens (NFTs) have expanded along with their popularity. And the brand-new type dynamic NFTs are also gaining much attention because they can alter over time while many other NFTs are static. Let’s discover every aspect of the dynamic NFTs through the post below.
Read More
nft future

The Future of NFTs – What Is Waiting for Us in 2023? 

NFTs (Non-fungible tokens) have unlimited possibilities, which lead to multiple outcomes ahead. Do you wonder what the future holds for NFTs?
Read More
low code development companies in europe

8 Low Code Development Companies In Europe To Work With

Detailed review of the top low code development companies in EU on their hourly rate, low code services and industry-focus.
Read More
low code agile

Low Code And Agile Development: A Match Made In Heaven 

Discover how low code optimizes agile development with rapid deployment and streamlined maintenance for better organizational performance.
Read More
low code trends

10 Low Code Development Trends That Are Worth Considering In 2023 

Learn the top 10 Low code trends to leverage the best strategies and features of this emerging technology in 2023 and coming years
Read More
low code challenges

Skeptical About Low Code? Tackle These 10 Low Code Challenges 

Actively identifying low code challenges beforehand is one of the wise ways that you should do before leveraging the technology
Read More
low code development company

Top 10 Custom Low Code Development Companies To Work With

Synodus' list of the top Low Code Development Companies to work with in application development, process automation & digital transformation.
Read More
mvp software development company

Top 10 MVP Software Development Company for Your Next Project 

Discover the top 10 MVP software development company and select the best one to transform your ideas into tangible products.
Read More
POC vs MVP vs Prototype

POC vs MVP vs Prototype: How Do They Differ and Relate?   

Learn the differences between POC vs MVP vs prototype, and how to leverage best of each to create a winning product before launching.
Read More
MVP Software development

MVP in Software Development 101: Explain Like I’m 5  

Detailed guide on MVP Software Development: what it is, its types, who to use it, how to develop and measure the success of an MVP
Read More
low code features

18 Must-Have Low code Features For High Quality Development  

Our list of all must-have low code features in programming, data analytics and integration for better development and robust application.
Read More
low code for enterprise

Using Low Code For Enterprise: Benefits, Downside & How To 

Discover the best use cases and benefits of low code for enterprise in accelerating growth and ensuring sustainability.
Read More
low code automation

What Is Low Code Workflow Automation & How Does It Stand Out?  

Low code workflow automation is a buzzword gaining traction in recent years...
Read More
mvp software development example

18 Examples of MVP in Software Development: Learn from Top Brands

Learn from the successful MVP software development examples and use their tips and tricks for your product development and startup launching.
Read More
low code erp

What Is Low Code ERP & Will It Replace Traditional ERP Platforms?

Is Low Code ERP better and can replace legacy ERP in managing day-to-day business activities effectively, let’s find out with this blog
Read More
nft developer for hire

The Complete Guide of How To Find The Best NFT Developers (2023 Edition)

Want to find the best team of NFT developers for hire? Then check out this complete guide to find the best NFT developers firm for your business.
Read More
travel nft

Travel NFTs: Everything you need to know (2023 Edition)

Travel NFTs are quickly becoming the best way to promote tourism-related services. Therefore, we will cover everything you need to know about Travel NFTs.
Read More
how to start nft business

How To Start NFT Business With These Brilliant Ideas

Due to the adaptability of NFT, you can practically create NFT business of anything, including music, pictures, films, virtual worlds, etc. Let’s figure out the best ideas on how to start NFT business with our detailed blog post below.
Read More
top eco-friendly nft platforms

Top 8 Eco-friendly NFT Platforms That You Want To Know 

It is possible to have environmentally friendly NFTs, and some of eco-friendly NFT Marketplace sprung up last year. This article includes top green NFT platforms you might want to check out.
Read More
10 Best Low Code Development Companies in USA to Hire

10 Best Low Code Development Companies In USA To Hire

Discover the top low code development companies in the USA and how to choose the best one that suits your company’s goals and budget.
Read More
10 Best Low Code Development Companies in India to hire

10 Best Low Code Development Companies in India to Hire 

Discover the top low code development companies in India. Learn how to choose the best future collaborator for your business with our guide.
Read More
Using Low code in Insurance to Accelerate Business Growth

Using Low Code In Insurance To Accelerate Business Growth

Insurance businesses are being revolutionized using a low code insurance platform. Discover how to accelerate growth and streamline processes with low code!
Read More
low code healthcare

Potential Of Low Code In Healthcare For Digital Transformation

Low code healthcare platforms are gaining more attention by empowering the industry with automation and modern applications.
Read More
Utilizing Low Code for Customer Services

Utilizing Low Code For Customer Services: How To & Use Cases

Learn how organizations utilize Low Code for Customer Services to gain advantages and the top platforms to use
Read More
low code citizen developer

How Low Code Empower Citizen Developer In Digital Transformation

How low code & citizen developers can leverage your digital transformation and empower each other for better business results.
Read More
Leveraging Low Code for Financial Services

Leveraging Low Code For Financial Services: Yes Or No?

Is Low for Financial Services a Yes or No? Learn how to successfully implement it with the real-life use cases and top tools
Read More
What is NFT Game?

What Is NFT Game And What You Don’t Want To Miss Out?

On the blockchain, NFTs are one-of-a-kind digital collectibles, then what is an...
Read More
web application development services

Web Application Development Services: Everything you need to know  

Detailed guide on the process, types, where to start, and who to hire for high-quality web application development services.
Read More
low code examples

Successful Low Code Examples & Use Cases From Top Brands

Low code technology is rising with top enterprises leveraging it for tech innovation. Here are 10+ low code examples to learn from.   
Read More
low code platforms

25 Best Low Code Platforms for Startups, SME & Enterprise

Low code platforms are on the rise in 2023. Discover the best low code platforms for Startups, SME, Enterprise & Developers.
Read More
open source low code platforms

Comparison Of Top 20+ Open Source Low Code Platforms On GitHub 

List of 21 best-to-use open-source low code platforms on GitHub, where million developers collaborate to shape the future of software.
Read More
low code vs high code

Quick Comparison Between Low Code Vs High Code: Which Wins? 

A precise comparison between the uses and features of low code vs high code to help you make better decision on digital transformation
Read More
low code

What Is Low Code Development And Why You Should Care?

Explore the new low code technology, its features, how it differs from the traditional counterpart and use cases in certain industries.
Read More
low code vs rpa

Low Code vs RPA: Which Is Better For Fast Workflow & Management?

To optimize the operation workflow and your business management, which is better: Low Code vs RPA? Read our detailed comparison
Read More
low code vs no code comparison

Low Code Vs No Code: Which Is Better For SME And Enterprise?  

Discover the difference between low code vs no code and how to make the right decision: which is best to use in the future for your industry.
Read More
progressive web app vs native app

Progressive Web App vs Native App Comparison: Which to use  

Learn the differences and similarities between Progressive Web App vs Native App & Which is better for users, developers & businesses
Read More
List of 6+ Best Gaming NFT Marketplaces

List of 6+ Gaming NFT Marketplaces That You Must Check On

Believing in the future of NFT Gaming? If yes, let’s stay ahead of the pack by checking out some of the best gaming NFT marketplaces out there and how to build one.
Read More
Low Code Benefit

Breakdown The Low Code Benefits & Disadvantages For Businesses  

The larger the enterprise, the larger the workload of the development team....
Read More
best web development tool

11 Best Web Development Stack for robust web & fast deployment  

Choosing the best web development stack is a critical first step in...
Read More
web development stack

What is Web Development Stack & How it streamlines Coding? 

Deciding the suitable tech stack for your web development process is excruciating...
Read More
mean web stack

What is MEAN Stack in Web Development & Why should you use it?

Using a tech stack can shorten the development time as it provides...
Read More
Best Gasless NFT Marketplaces For You To Save More Money

4+ NFT Marketplaces Without Gas Fee To Save You Money

While adopting NFTs into a day-to-day investment, gas fees might be considered...
Read More
mern web development stack

What is MERN Stack in Web Development & Why you should use it  

Developers can leverage different tools, frameworks and even web development stacks to...
Read More
open source web development tools

40+ Open Source Web Development Tools Every Dev Should Know

Rapid web application development tools (open-source) make it easier for programmers to...
Read More
Fashion NFT Marketplace: Which are the best digital platforms for fashion enthusiasts?

6+ Fashion NFT Marketplaces: Which Are The Best For Fashion Enthusiasts?

Fashion - in general - is going places. Therefore, blockchain-related things might...
Read More
single page application seo

12 Tips to optimize SEO in Single Page Application for higher rank

Single page application and SEO have been in dissonance as most SPAs...
Read More
checklist

Progressive Web Apps Checklist & Requirements before launching  

Finishing developing your PWA feels like a huge achievement. Yet, ensuring it...
Read More
metro database

15 Best Database for Web Applications and Development in 2023  

Database for Web Applications and Development is required to ensure the functionality...
Read More
NFT Photography Marketplaces

NFT Photography Marketplace: All You Need to Know

NFTs (Non-fungible tokens) have undeniably been talk of the town lately. The...
Read More
Progressive Web Apps Architecture and Benefits

What are Progressive Web Apps: Architecture & Benefits Explained

A new door has opened for companies to engage with their consumers...
Read More
amp vs pwa which is better

AMP vs PWA: Which one is better for your website performance?  

The web world is getting more advanced with innovative technologies that help...
Read More
NFT Jewelry Marketplace: An experience or a real investment

NFT Jewelry Marketplace: An Experience or A Real Investment

NFTs (non-fungible tokens) have revolutionized many industries, including art, game, and sports....
Read More
How does NFT Marketplace work?

How Does NFT Marketplace Work?

Following in the footsteps of bitcoin as the center of digital currency,...
Read More
Wine NFT Marketplace: Everything You Need To Know

Wine NFT Marketplaces: Investing wisely with 4+ Marketplaces of Wine NFTs

It’s hard to think about the combination between wine and NFTs, yet...
Read More
accelerated mobile pages is fast like a spaceship

What is Accelerated Mobile Pages? Should we use it for faster web? 

Faster-loading websites perform better in search results, have reduced bounce rates, and...
Read More
Real Estate NFT Marketplace Everything You Need To Know

Real Estate NFT Marketplace: Everything You Need To Know

The NFT sector of the crypto economy is flourishing. Gradually the NFT...
Read More
race to progressive web apps examples

Best Progressive Web Apps Examples to learn from in 2023 

Since the Internet has accelerated in our society, businesses have been in...
Read More
web development tools for android

Top 10 Web Development Tools for Android to use on the go  

Building and maintaining a website isn't an easy job. Anything can comes...
Read More
front end web development tools

The List of 28 Best Front-end Web Development Tools 

Front-end development tools facilitate the creation of visually attractive websites and applications....
Read More
web application

What is Web Application? How it works? A Detailed Guide 

Web application has been around us for a long time, from the...
Read More
what to ask a web developer before hiring

What questions to ask a web developer before hiring: 25 Q&As

Many businesses are developing or enhancing their existing websites to digitize their...
Read More
9 Open Source NFT Marketplaces With Code Available On Github

9 Open Source NFT Marketplaces With Code on Github

As we all know, open source NFT marketplaces, like any other marketplace,...
Read More
Best 25+ Wordpress NFT Themes For Elementor In 2023

Best 25+ WordPress NFT Themes For Elementor In 2023

Building NFT Wordpress site is such an efficient approach that artists, creators...
Read More
How to create your own NFT Marketplace - 10 steps with tutorials

How to create your own NFT Marketplace (10 steps with tutorials)

Maybe you have heard about blockchain and NFT marketplace, but do you...
Read More
Top 12 Wordpress NFT Minting Plugins For 2023

Top 12 WordPress NFT Minting Plugins In 2023

Today, if you don't move forward, you've gone backward. As a participant...
Read More
back end web development tools

Best 32 Back-end Web Development Tools for a strong Website 

Working as the brain and backbone of a website, the back end...
Read More
Best 25+ Music NFT Marketplaces To Buy And Sell [2023 edition]

Best 25+ Music NFT Marketplaces To Sell And Buy [2023 Edition]

Music NFT marketplace has changed the mindset of music lovers, as creators...
Read More
single page application vs multi page application

Difference between Single Page Application vs Multi Page Application  

With many advanced web app technologies to choose from nowadays, it might...
Read More
Top 15 NFT Marketplace Analytics Tools That Investors Should Use in 2023

TOP 15 NFT Analytics Tools That Investors Should Use in 2023 

NFT Analytics Tools are the best ones for not only NFT individual...
Read More
single page application

Single Page Application: Definition, Benefit, Architecture & Example

With the growing number of websites and Internet users, the requirements for...
Read More
Best 23 NFT Marketplace Wordpress Themes

Best 23+ NFT Marketplace WordPress Themes For Your Consideration 

Non-fungible tokens (NFTs) are of the hour now and then, which have...
Read More
quality assurance in web development

Quality Assurance in Web Development: Benefit, Checklist and How to do  

Quality assurance in web development must be performed regularly, during and even...
Read More
mobile web development tools

Top 11 Best Mobile Web Development Tools to use in 2023

It’s not hard to notice that most companies are investing in developing...
Read More
difference between single page app and progressive web app

Difference between Single Page App and Progressive Web App    

Web applications are becoming increasingly popular due to their engaging user experience...
Read More
NFT-Marketplace-Royalties-A-definite-guide-on-how-it-works

NFT Marketplace Royalties: A Definite Guide On How It Works

NFT Marketplace Royalties are the crypto payments (typically a percentage of the sale...
Read More
web-development-programming-languages

Top 15 Web Development Programming Languages to use in 2023 

You must be able to code whether you want to work full-time...
Read More
Top 15+ Best Art NFT Marketplaces Designed For Artists

Top 15 Best Art NFT Marketplaces Designed for Artists 

As NFTs have been in the limelight during the past years, NFT...
Read More
What are ICO, IDO, IEO

What are ICO, IDO and IEO? 

When it comes to creating innovative ways to kickstart projects and raise...
Read More
ICOs vs STOs: Analysis And Comparison

STOs And ICOs: Analysis and Comparison

Many have known that influential firms such as Tesla, Mastercard, BNY Mellon...
Read More
web development guide

Web Development Guide for Business and Beginners: Where to start?

You might have heard someone say Web Development is dying. But the...
Read More
web application frameworks

Top 12 Best to use Web Application Frameworks and Platforms

Web Application isn't something new. Thousands of companies have leveraged this technology...
Read More
NFT Marketplace Business Model: How does it work?

NFT Marketplace Business Model: How Does It Work?

“How do NFT Marketplaces make money?” you might ask. Imagine that you...
Read More
progressive web apps frameworks

Review Top 10 Progressive Web Apps Frameworks & Technology

Although it took some time for the idea to gain traction, the...
Read More
single page application framework

10 Best Single Page Application Frameworks in 2023 with examples 

Choosing the suited single-page application framework is important because the wrong one...
Read More
How To Estimate NFT Marketplace Development Cost

How To Estimate NFT Marketplace Development Cost

“How much does it cost to build an NFT marketplace?", “What is...
Read More
good ui design examples

15+ Good UI Design Examples from top brands to learn from

UI design describe a digital product's appearance, feel, and operation. It's a...
Read More
ux design process

Detailed UX Design Process: How to work with your design team 

If you're wondering how to start a UX design process that works...
Read More
ui design process

Full Step-by-step UI Design Process with tools to use 

A standard UI design process and principles must be followed to create...
Read More
How to attract and retain senior developers to navigate Top Tech Talent Shortage

How To Attract & Retain Senior Developers To Navigate The Top Tech Talent Shortage

Table of Contents[Open][Close]1. Top Tech Talent Shortage: Overview, Statistics, And Explanation1.1. Overview...
Read More
Top 8 Must-have NFT Marketplace Features That You Need To Know

Top 8 Must-have NFT Marketplace Features That You Need To Know

Defining must-have NFT marketplace features is the indispensable yet hardest part of building an...
Read More
bad ui design

15 Bad UI Design Mistakes and Examples: What should we avoid  

When designing the user interface for your mobile app or web, all...
Read More
ux design examples

20 good UX design examples for your website inspiration

UX design is one of the most important aspects of website building....
Read More
ecommerce web development requirements

20+ eCommerce Website Development Requirements to consider

A website is extremely important for an eCommerce business since it's the...
Read More
web development tools

25+ Best Web Development Tools & Software To Use In 2023

Web development tools make it easy and more efficient for developers (even...
Read More
how long does it take to build an ecommerce website

How long does it take to build an eCommerce Website?  

Building an eCommerce Website can be a daunting process. There are thousands...
Read More

eCommerce Web Development Cost: Full Detailed Guide 

How much does it cost to develop an eCommerce Website? Well, the...
Read More
how to create web application

How to Create Web Application: A Comprehensive process  

After learning what a web application is and how it benefits your...
Read More
real estate web development

Real Estate Web Development: Cost, Requirements & How to  

The goal of realtors has long been to place classified ads in...
Read More
15 Best to use Web Development Platforms

Top 15 Best To Use Web Development Platforms in 2023

If you're struggling with building a website, many web development platforms in...
Read More
ecommerce web development

eCommerce Web Development: Benefits, Types and Simple Steps  

The global online market has witnessed a surge in online sales revenue...
Read More
Blockchain Developer Salaries Around The World - 2023 Edition

Blockchain Developer Salaries Around The World [2023 Edition]

Are you curious to know about the average blockchain developer salaries around...
Read More
web design process

7 steps for a successful Web Design Process with your vendors  

Aesthetics is only one aspect of a web design process. That harmonic...
Read More
frameworks for web development

Top 10 Frameworks for seamless Web Development  

Web development has now become an integral part of any business. Choosing...
Read More
web application examples

12 Web Applications Examples to learn for your web development

With the increased internet usage, web applications might be a good start...
Read More
what is content management system

What is Content Management System: Benefits, Types and Examples 

Whether a small or big firm, a content management system will always...
Read More
web development process

Understand the Web Development Process with your agency 

The web development process is more than designing and coding. A skilled...
Read More

Differences between Web Design and Web Development

Web design and web development are two different activities, yet many businesses...
Read More

Tips to choose your best Web Development Team

Every business wants a website nowadays; it’s one of the most common front...
Read More

A look into 14 Modern Web Development Trends of 2023  

Fail to stay up with current web development trends can significantly impact...
Read More
Partnership-Announcement-Synodus-Anatics

New Strategic Partnership Announcement: ANATICS x SYNODUS

Hanoi, Sep 19th 2022 We are thrilled to announce our strategic partnership...
Read More

5 KEY TAKEAWAYS IN BLOCKCHAIN TRENDS 2022

Blockchain has become the talk of the town lately, and it is...
Read More

The Ultimate Guide Of Retail Analytics: Definition, Types and Examples Included 

The global retail analytics industry is expected to be worth $18.33 billion...
Read More
Leveraging Predictive Analytics In Excel For Sales Forecasting

Leveraging Predictive Analytics In Excel For Sales Forecasting: How To Do It  

Sales forecasting has a substantial role in every business's success when making...
Read More
Predictive Analytics: A Completed Guide With Benefits, Models And Examples

Predictive Analytics: A Detailed Guide With Benefits, Models And Examples 

Predictive analytics is suggested to be a vital tool for businesses in...
Read More
Top 10 behavioral analytics tools and a guide to choose one

Top 10 User Behavioral Analytics Tools And A Complete Guide To Choose One

Behavioral analytics tool is changing how businesses become more profitable and serve...
Read More
What is Behavioral Analytics? Defintion, Examples & Tools

What Is Behavioral Analytics? Definition, Examples and Tools 

Every mouse click and movement on the screen reveals something about the...
Read More
Data Maturity Assessment With Models And Frameworks

Data Maturity Assessment: How-to Guide (Models and Framework Included)

Table of Contents[Open][Close]Part 1: What Is Data Maturity And How Important It...
Read More
Customer Success Stories - A case from Boody

Turning 10-Year Data Into A Single Source Of Truth With Boody  

Table of Contents[Open][Close]Who Is Boody?How They Came To Us Here Are Key...
Read More
Data Analytics For Marketing Benefits Tools And Examples of Top Brands

Data Analytics for Marketing: Benefits, Tools and Top Brand Examples  

Marketing data is everywhere. Yet, the most valuable insights are usually wrapped...
Read More
Data Monetization A Complete Guide

Data Monetization: A Complete Guide 

You may hear that data is a treasure that will do you...
Read More
Success-Story-Of-The-ICONIC

Success Story of The ICONIC: Leveraging Customer Analytics To Become A Fashion Giant

Table of Contents[Open][Close]Part 1: A Brief History Of Multi-millionaire Empire: How It...
Read More
Artificial Intelligence 101 and AI in E-Commerce

Artificial Intelligence 101 and AI in E-Commerce

A survey by Statista showed that 70% of decision-makers in the e-commerce world assumed...
Read More
Top 10 examples of Predictive Analytics in Retail

Predictive Analytics in Retail: The Best 10 Uses With Examples

Predictive analytics has undoubtedly around for decades, yet until recently, more and...
Read More
Data security Definition, Importance, Types, Methods

Data security – Definition, Importance, Types, Methods

This article will give you an overview of data security: definition and...
Read More
Top 7 Data Security Best Practices

Top 7 Data Security Best Practices

This blog will explain definition, common security threats and best practices for...
Read More
Top Ecommerce Consulting Companies & How To Choose One

Top Ecommerce Consulting Companies & How To Choose One

While some firms can build an eCommerce business themselves, others turn to...
Read More
In-store Retail Analytics: Definition, Benefits, Use Cases

In-store Retail Analytics: Definition, Benefits, and Use Cases 

When we think of analytics in business, we often think of sales...
Read More
Data Strategy A definite guide

Data Strategy: A Definitive Guide

A data strategy helps companies know how to manage and analyze data...
Read More
Retail Analytics Courses, Books & Reports

Retail Analytics Courses, Books & Reports: Resources for your knowledge

It is crucial for retailers and those who are enthusiastic about retailing...
Read More
The Future of Retail Analytics (10 trends included)

The Future Of Retail Analytics (Top 10 Trends In 2023)

Audio: The Future Of Retail Analytics (Top 10 Trends In 2023) It's...
Read More
Sentiment Analysis - A comprehensive Guide

Sentiment Analysis: A Comprehensive Guide

The power of Natural Language Processing (NLP) enables organizations to implement sentiment...
Read More
What is Data-driven culture

What Is A Data-Driven Culture and How to Create One?

One of the major shifts in today’s business world is the transformation...
Read More
What is Data Visualization?

What Is Data Visualization And Why Is It Important? 

We live in a world of Big Data, in which data visualization...
Read More
Video Analytics For Retail - Definition & Use Cases

Video Analytics For Retail: Definition & Use Cases 

Retail video analytics is becoming more than simply a loss prevention tool;...
Read More
Top 10 Data Visualization Tools

Top 10 Best Data Visualization Tools (Free & Paid)

As the value of data visualization has become widely recognized across companies...
Read More
Databases vs DataWarehouse: Similaries & Differences

Database vs Data Warehouse: Similarities & Differences

What is a database? What is a data warehouse? What are the...
Read More
What is A Database Schema? Types, Benefits, Terms Explained

What Is Database Schema? Types, Benefits, Terms Explained

In this blog, we’ll go further into database schema including database schema...
Read More
Data Warehouse Costs

Data Warehouse Costs: 3 Important Elements to Consider 

It’s essential to select the right data warehouse, business intelligence, and analytics...
Read More
What Is a Data Warehouse? Definition, Benefits, Architecture Explained

What is a Data Warehouse? Definition, Benefits, Architecture Explained

A data warehouse is essential for businesses that wish to drive engagement...
Read More
what is a data warehouse top 10 solutions compared

What is Cloud Data Warehouse? Benefits, Features & Solutions Compared

The growing demand for data warehouses as a service is propelling the...
Read More
data warehouse tutorial for dummies

Data Warehouse Tutorial: Learn from Experts with 6 Steps

Data is gathered at regular intervals from source systems such as ERP...
Read More
benefits of data visualization

What Are The Benefits of Data Visualization?

Data visualization lets us present sets of data through the use of...
Read More
Data Analytics Services for Small Business: Pricing Review

Data Analytics Services for Small Business: Pricing Review

As a small business owner, you’d better implement data analytics if you...
Read More
6 Best Practices for Small Business Analytics

6 Best Practices for Small Business Analytics

Today's successful businesses are propelled by the covert power of small business...
Read More
Data Analytics for SMEs: What You Should Know

Data Analytics for SMEs: What You Should Know

Operating in an ever-changing market, many SMEs are facing challenges and struggling...
Read More
How Your Business Can Benefit From Data Analytics Outsourcing

How Your Business Can Benefit From Data Analytics Outsourcing 

In recent decades, a lot of enterprises - large and SMEs, want...
Read More
Small Business Analytics: 4 Ugly Facts

Small Business Analytics: 4 Ugly Facts

Analytics is an important part of any business, but it's not something...
Read More
5 Data Visualization Trends in 2022

Top 5 Data Visualization Trends in 2022 and More Years to Come!

Due to the fact that technological advances are ever-changing, the future of...
Read More
7 Things to Consider When You Hire a Data Analytics Consultant

7 Things to Consider When You Hire a Data Analytics Consultant

The data analytics consulting industry is a rapidly growing market. The U.S....
Read More
Merge Data from Multiple Sources Effortlessly

6 Detailed Steps to Merge Data from Multiple Sources Effortlessly 

The advancement of technology has created many opportunities for the big data...
Read More
How to Identify Bad Data and 3 Excellent Ways to Improve Data Quality

How to Identify Bad Data and 3 Excellent Ways to Improve Data Quality 

Do you know that 2.5 quintillion bytes of data are generated every...
Read More
Top 6 common payment gateways for eCommerce stores

Top 6 Common Payment Gateways for eCommerce Stores

The world of online business is a fast-paced one. The ability to...
Read More
7 Huge Gaps in Google Analytics And Tools to Fix Them

7 Huge Gaps in Google Analytics And Tools to Fix Them

Google Analytics is a must-have tool in the toolbox of any e-commerce...
Read More
eCommerce advice: How to work with customers as privacy regulations are changing

Ecommerce Advice: How to Work with Customers as Privacy Regulations Are Changing

As the eCommerce industry grows and matures, consumers are becoming more aware...
Read More
Data Warehouse Trends 2022

The Latest Trends in Data Warehouse 2022 

The world has changed since the introduction of data warehouse. Data warehouse...
Read More
Searching for data to make critical decisions? Try these 8 sources

Searching for data to make critical decisions? Try these 8 sources 

Leveraging the gigantic database of your customers can help you seek insights...
Read More
5 Ways Data Science Can Boost Your E-commerce Revenue

5 Ways Data Science Can Boost Your E-commerce Revenue

The 21st century has digitized the world and provided a gigantic database...
Read More
6 Significant Impacts of Geography on E-commerce Conversions

6 Significant Impacts of Geography on E-commerce Conversions 

In online retail, e-commerce conversions happen when customers purchase products or services...
Read More
4 Insightful Books To Master Your Data Visualization

4 Insightful Books To Master Your Data Visualization 

Data analytics is like solving a puzzle. Raw data is a clue...
Read More
How Retail Analytics Can Help You Win Fraudsters

How Retail Analytics Can Help You Win Fraudsters 

Fraud has remained a big concern in the retail industry. The National...
Read More
How You Can Use Data Analytics for Better Inventory Management

How You Can Use Data Analytics for Better Inventory Management  

Inventory is the most important section of a company, ranging from different...
Read More
4 Significant Use Cases of Location Analytics in Retail

Retail Location Analytics | Definition & Use Cases 

Retail Location Analytics supports businesses with robust conditions to directly approach customers,...
Read More
10 Most Reliable KPI Tracking Software Worth Your Consideration 

10 Most Reliable KPI Tracking Software Worth Your Consideration 

With proper KPIs, you can keep track of your campaign’s performance and...
Read More
3 Tips on Selecting the Best E-commerce KPIs for Online Businesses 

3 Tips on Selecting the Best E-commerce KPIs for Online Businesses 

KPIs are always an essential part of any business strategy on the...
Read More
2 Ways Internal Data Can Benefit Your E-commerce Business

2 Ways Internal Data Can Benefit Your E-commerce Business

Simply defined, data is helpful information that you accumulate to support organizational...
Read More
8 Best Free Google Analytics Tutorials for Beginners and Experts

8 Best Free Google Analytics Tutorials for Beginners and Experts

Google Analytics is considered an indispensable tool to every website owner. It...
Read More
3 Clever Tips to Scale Your E-commerce Businesses With Data

3 Clever Tips to Scale Your E-commerce Businesses With Data

In the cut-throat world of business, entrepreneurs must compete fiercely with each...
Read More
10 Best Free WooCommerce Analytics Plugins for Your E-commerce Website  

10 Best Free WooCommerce Analytics Plugins for Your E-commerce Website  

WooCommerce is among the popular platforms that has been revolutionizing the digital...
Read More
Sentiment Analysis and 2 Important Factors to Analyze Customer Feedback

Sentiment Analysis and 2 Important Factors to Analyze Customer Feedback

Satisfied customers are a constant source of happiness to businesses. Usually, every...
Read More
Customer behavior analytics are transforming how retailer sell online

Behavior Analytics Are Transforming How Retailers Sell Online Introduction

Behavior analytics refers to the method of collecting and analyzing qualitative and...
Read More
How Emotion Analytics is Applied in the E-Commerce Analytics to Increase Customer Engagement 

How Emotion Analytics is Applied in the E-Commerce Analytics to Increase Customer Engagement

Emotions are verbal and non-verbal communication cues that play an integral role...
Read More
Retail Analytics Can Boost Your Merchandising Effectiveness

2 Ways Retail Analytics Can Boost Your Merchandising Effectiveness

Physical stores have been through a great transformation due to digitalization. The...
Read More
ar in Retail Analytics

How Can Augmented Reality Be So Helpful in Retail Analytics

In the age of innovative technology, retail e-commerce presents a number of...
Read More
retail analytics use cases

Retail Analytics Use Cases: Comprehensive Guide

Table of Contents[Open][Close]What is Retail Analytics?Effective Use Cases For Retail AnalyticsRetail Analytics...
Read More
retail analytics

How to Boost Conversion Rates With The Use of Retail Analytics

The rapid growth of the retail industry comes with big data and...
Read More

4 Effective Ways to Collect Customer Feedback for Analytics

Understanding the importance of customer feedback helps businesses have a full view...
Read More

4 Ways to Use Speech Analytics for Better Customer Engagement

A significant challenge for any business is getting deep insights about customers...
Read More
data science in retail

Data Science in Retail | Use Cases & Famous Projects

Data science employs specific methods, processes, algorithms, and systems to draw insights...
Read More
secrets of online shopping behaviors

3 Big Secrets of Online Shopping Behaviors You Must Know

Customers have certain online shopping behaviors that businesses in the e-commerce industry...
Read More
Customer Feedback Analysis

Detailed Customer Feedback Analysis Guide 2022

Customers have been leaving feedback more than ever before, and businesses amass...
Read More

Comment 5

  1. Awesome! Information. Great work thanks for sharing such useful information. keep it up all the best.

    1. Thank you Avli.

  2. Thanks for your blog, nice to read. Do not stop.

    1. Sure. Hope it helps!

  3. thanks for info

Comments are closed.

Search here...

Search here...

Synodus

Get a fully-stacked data team within 47 hours without making a hire. Our team of data experts help build your data infrastructure, create your metrics and much more. Available from day 1, so you can get a world-class data setup in record time.

Contact Us

Synodus