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How much does it cost to build a data mining app?

Standard price for a data mining app: $257,500

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What is a data mining app?

A data mining application is a web, mobile, or desktop application that analyzes user data to identify patterns and trends in order to discover previously unknown information. Data mining apps typically offer a dashboard for displaying performance metrics and summary reports.

Data mining apps are similar to all other business intelligence apps, including project management apps, supply chain apps, and expense management apps. The most common data mining application is Google Analytics – a dashboard for tracking website traffic.

Here are some recent data mining app examples built with Crowdbotics:

  • An NFC-enabled cryptocurrency web and mobile app with top of the line security features that allows the general public to buy and sell crypto currency at current market trade value.

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  • A data marketplace built for the e-commerce industry that allows people to advertise certain data sets from users to enterprises.

    Build this app

  • Build this app

What is the typical cost to build a data mining app?

A data mining app usually costs $257,500 to build. However, the total cost can be as low as $7,500 or as high as $750,000. A data mining app with a low number of features (also known as a "minimum viable product", or MVP) will be more affordable than an app that includes all intended functionality.

For example, here are some recent data mining app price quotes from Crowdbotics:

  • $500,000

  • $15,000

Here are some considerations that may impact the cost of a app:

How long does it take to build a data mining app?

A data mining app usually takes 3,433 hours to build. However, a data mining app can be built in as few as 100 hours, or in as many as 10,000 hours. The exact timeline mostly depends on how complicated your app is. As a general rule, it will take longer if you require highly custom designs, niche features, or non-standard release platforms.

For example, the most recent data mining apps built with Crowdbotics received the following hourly estimates:

  • 6,667

  • 200

How to successfully grow your data mining application

A data mining app collects and analyzes information about its users. Data mining apps grow by continuously improving the way that they mine, analyze, and display user data to their customers. Data mining apps also grow by adding new features for new types of users. For example, new features could be added to the app for business users or students in order to capture underserved markets.

Risks and challenges of building a data mining application

Data mining apps face privacy risks related to the collection and storage of user data, whether by the app owner or by third-party advertisers. These apps also face legal risk if they are collecting data that users do not understand is being collected or that they did not consent to sharing. Before developing a data mining app, it is recommended that you consult an attorney about privacy laws in your target market.

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Some of the descriptions on this page were completed with AI assistance. Learn more here.

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