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How to keep ahead of the game as a software developer

Software technical due diligence (TDD) costs are determined by a projectโ€™s size, complexity, and the time required to perform a comprehensive assessment. In most UK acquisitions, these costs typically represent between 0.5% and 1.5% of the total deal value, depending on the scope of the review and the targetโ€™s technology footprint. For example, in a ยฃ5 million acquisition, the technical due diligence fee usually falls between ยฃ25,000 and ยฃ75,000, a modest investment compared with the potential financial and operational risks uncovered. The buyer almost always covers this expense, viewing it as essential insurance to reveal hidden liabilities, validate scalability, and estimate long-term maintenance or integration costs.
Image3 November 2023
ImageSpencer Pickett
2 mins

Experienced software developers are highly disciplined when it comes to allocating time to research new technologies, techniques and experimentation. A good software developer/architect will allocate around 10~15 hours each week to research and development activities. However, the reality is that few developers invest enough time into the aforementioned activities, therefore fall behind the curve.

The main challenge is time! Developers are frequently working towards hard deadlines and therefore do not have the time to browse blogs, identify the latest trends, watch podcasts, attend local/virtual events, read books, etc. Quite simply โ€œfindingโ€ relevant information is challenging and can take considerable time.

There are many information sources that developers can follow daily to ensure they are up to date with current trends. Some useful sources of information include; Medium.com, TechCrunch, SDTimes, Code Project and Stack Overflow. Even just monitoring these websites for topics of interest can be a time-consuming challenge.

 

A time-saving tip from Software Development UK is to utilise the daily.dev developer feed aggregator tool. This solution enables developers to specify the technologies they are interested in, then it does the hard work and finds all the relevant information feeds and presents them within a dashboard.

Now you have more time on your hands, time to make a coffee and chill!

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Spencer Pickett

Spencer is an experienced technical director with significant expertise in the IT industry. His track record includes delivering IT projects for businesses of all sizes, ranging from small to medium-sized enterprises (SMEs) to large, blue-chip companies. Spencerโ€™s technical knowledge is matched by his business acumen, allowing him to create innovative products that are both useful and enjoyable for users.

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