Any sensible freelancer will have an hourly rate nearly double that of a fulltime employee for obvious reasons. Please stop telling him just to hire a bunch of dev freelancers. Projects like this require UX and business domain understanding. Devs are not going to be doing that. This thread is full of amateurs parading as experienced CTOs.
Any sensible freelancer will have an hourly rate nearly double that of a fulltime employee for obvious reasons. Please stop telling him just to hire a bunch of dev freelancers. Projects like this require UX and business domain understanding. Devs are not going to be doing that. This thread is full of amateurs parading as experienced CTOs.
Hardware and software, SaaS licensing, cloud costs, etc.
Hiring costs (recruitment, recruiters, time lost in selection and hiring)
Secondary cost to rest of the business to change processes, retrain, integrate, help the dev team understand requirements, effectively build and iterate, etc.
Quite possibly a bunch of compliance, security, audit, pen testing, and other regulatory costs depending on the demands their clients have, etc.
Running a team != hiring a bunch of freelancers as a one-off.
Stop giving the guy horrible advice. IF you think throwing some freelance devs with no business support/product/UX support is going to help him, you are so mistaken. Trying to rebuild an existing complex software system that handles hundreds of millions in revenue is not going to be an easy task. You are going to put the man into a corner and ruin him. Jesus.