# Formula.Monks Formula.Monks Reviews (2), Pricing, Services & Verified Ratings - 5.0 out of 5 average review rating - 0 connections joined Formula.Monks's Network [Visit Website](https://www.formula.co/?utm_source=clutch.co&utm_medium=referral&utm_campaign=directory) [Get a Custom Proposal](https://clutch.co/profile/formulamonks) **Achieve exponential growth your way.** **Formula.Monks is now Monks Technology Services. Go to https://www.monkstechservices.com to learn more.** **Unlock full potential** A company built for personal, professional, and business growth in every sense. We are on a mission to help people, companies, and brands grow through creative uses of technology. Our global collective of technologists, consultants, creatives, and entrepreneurs work together to achieve positive outcomes through deep partnerships. We aim to be a catalyst for change in our industry and our communities through technological innovation, creativity, and impactful work.‍ ## Company Information - Minimum project size: $10,000+ - Hourly rate: $200 - $300 - Number of employees: 10 - 49 - 1 Locations: - Los Angeles, CA (Headquarters) - Founded in 2007 - 1 languages: English - 1 timezones: Eastern Standard Time (EST) ## Services, Focus Areas, Industries, and Clients ### Service Lines - 20% Mobile App Development - 20% Web Development - 10% Business Consulting - 10% Custom Software Development - 10% IT Staff Augmentation - 10% IT Strategy Consulting - 10% Low/No Code Development - 10% Product Design ### Focus Areas - CMS Focus: - 100% HP CMS - Mobile Focus: - 50% Financial Mobile App Development - 20% Learning & Education Mobile App Development - 20% Publishing & Digital Content Mobile App Development - 10% Enterprise Mobile App Development - Product Design Focus: - 40% Prototype Design - 25% Computer Aided Design (CAD) - 25% Hardware Design & Development - 10% 3D Modeling & Printing - Application Platforms: - 30% Amazon Application Development Framework - 25% Azure Platform - 25% Google app engine - 10% Force - 10% Heroku - Mobile Platforms: - 25% Android App Development - 25% Hybrid & cross platform apps - 25% Smart TV Development - 25% iPhone iOS App Development - Digital and IT Strategy Consulting Focus: - 25% Digital Transformation - 25% IT Assessment - 25% IT Consolidation - 25% IT Governance - No Code Development: - 20% Airslate - 20% Appy Pie - 20% Bryter - 20% Thunkable - 20% Webflow - Business Consulting Focus: - 20% Business Transformation Consulting - 20% Management Consulting - 20% Operational Change Consulting - 20% Strategy Development Consulting - 20% Talent Consulting - Frameworks and CMS: - 12% NodeJS - 11% Flutter - 11% IBM Development - 11% NextJS - 11% Oracle Application Development Framework - 11% React - 11% React Native - 11% Ruby on Rails - 11% VueJS - Low Code Development: - 10% Airtable - 10% Appian - 10% Creatio - 10% Genexus - 10% Kintone - 10% Pegasystems - 10% Salesforce Lightning - 10% Skuid - 10% Visual Lansa - 10% Zoho Creator - Programming & Scripting: - 10% C# - 10% HTML5 - 10% Java - 10% JavaScript - 10% Kotlin - 10% Objective C - 10% Python - 10% SQL - 10% Typescript - 10% jquery ### Industries - 30% Education - 30% Gaming - 40% Information technology ### Clients - 10% Small Business (<$10M) - 20% Midmarket ($10M - $1B) - 70% Enterprise (>$1B) ## Pricing Snapshot Average rating for cost based on this provider's reviews: 5.0 out of 5 **What Clients Have Said** *(This summary is based on verified Clutch reviews.)*: Formula.Monks offers competitive pricing with good value for cost, as noted by clients. One project involved 25 team members, while another had around 15. Both projects were delivered on time and within budget, indicating strong project management and client satisfaction. **Most Common Project Size**: based on 1 review *(Pricing information for this provider is based on reviews where the project size was available.)* ### Pricing by Service - UX/UI Design: based on 1 review - Custom Software Development: based on 1 review - BI & Big Data Consulting & SI: based on 1 review - Cloud Consulting & SI: based on 1 review - Content Marketing: based on 1 review - Application Management & Support: based on 1 review - IoT Development: based on 1 review - Logo: based on 1 review - Product Design: based on 1 review - IT Staff Augmentation: based on 1 review - Web Design: based on 1 review - Graphic Design: Confidential based on 1 review - Business Consulting: Confidential based on 1 review - Other Application Development: Confidential based on 1 review - Application Testing: Confidential based on 1 review - Video Production: Confidential based on 1 review - Web Development: Confidential based on 1 review ## Reviews Clutch investigates each reviewer's identity and work history. Every review goes through a rigorous, human-led verification process to confirm the reviewer's identity, and reviews that we verify are visibly marked as 'Verified' so you can trust that they come from a real client. [Learn More](https://help.clutch.co/en/knowledge/how-clutch-verifies-reviews) ### Formula.Monks Review Insights Overall Review Rating: 5.0 - Quality: 5.0 - Schedule: 5.0 - Cost: 5.0 - Willing to Refer: 5.0 ### Top Mentions - Flexible (1 mentions) - Great project management (1 mentions) - High-quality work (1 mentions) - Proactive (1 mentions) - Professional (1 mentions) - Puts the customer first (1 mentions) - Timely (1 mentions) ### Review Highlights **Occasional Pressure to Extend Engagement** One client noted feeling occasional pressure from Formula.Monks to extend their engagement, which was sometimes distracting. However, this did not disrupt the overall project work. **Positive Measurable Outcomes** Projects led by Formula.Monks have resulted in positive media coverage, industry awards, increased user registrations, and significant revenue growth, demonstrating their ability to drive successful outcomes. **High-Quality Team** Reviewers consistently describe the Formula.Monks team as high-quality, proactive, and collaborative. They are noted for challenging assumptions and solving problems before they escalate, contributing to a successful partnership. **Good Cultural Fit** Clients appreciate the cultural alignment and shared values with Formula.Monks, which enhances collaboration and project success. This alignment is often a deciding factor in choosing them over competitors. **Flexible and Responsive** Formula.Monks is noted for their flexibility and responsiveness, ramping up staff and hours as needed to meet critical deadlines. This adaptability has been key to their successful project delivery. **Effective Project Management** Formula.Monks is praised for their highly effective project management, delivering on time and being flexible with staffing to meet deadlines. This has been consistently highlighted as a key strength. **Strong Technical Expertise** Clients commend Formula.Monks for their vast technical expertise in software engineering, DevOps, IoT development, and custom software solutions. Their ability to deliver complex, scalable solutions is highly valued. **Proficiency in Agile Development** Clients highlight Formula.Monks’ proficiency in agile development, using sprints and rapid prototyping to deliver effective solutions. This approach was praised for its positive impact on project outcomes and was even adopted internally by clients. **Impressive Problem-Solving Skills** Formula.Monks is praised for identifying and solving problems proactively, preventing potential issues from disrupting projects. Their problem-solving skills are a standout feature for clients. ### Formula.Monks Reviews #### Software Engineering Support for Telecommunications Co (Featured Review) **The Project** - Services: Application Management & Support, BI & Big Data Consulting & SI, Cloud Consulting & SI, Content Marketing, Custom Software Development, IT Staff Augmentation, IoT Development, Logo, Product Design, UX/UI Design, Web Design - Project size: $10,000,000 + - Project length: June 2013 - Jan. 2019 **Project Summary**: Formula.Monks worked as the software engineering partner of a telecommunications company for many years. Their work included design, software engineering, DevOps, IoT development, and rapid prototyping. **Review Rating**: 5.0 - Quality: 5.0 - Schedule: 5.0 - Cost: 5.0 - Willing to Refer: 5.0 **The Reviewer** Former Department Director, AT&T - Industry: Telecommunications - Client size: 10,001+ Employees - Review Type: Online Review - Verified **The Review** — Aug 7, 2023 **Feedback Summary**: Thanks to Formula.Monks' work, the client achieved positive media coverage, industry awards, over 25,000 registered users, and over 100,000 active devices, resulting in new revenue for the client. Formula.Monks was timely, flexible, and caring, quickly scaling their team to meet important deadlines. ""They cared about the work."" **BACKGROUND** Please describe your company and position.I am a former department director at AT&TDescribe what your company does in a single sentence.Large multinational telecommunications company. **OPPORTUNITY / CHALLENGE** What specific goals or objectives did you hire Formula.Monks to accomplish?Innovation and Design ThinkingSoftware Engineering and Product DeliveryDev-Ops, SRE, scale, adapt, and improve solution **SOLUTION** How did you find Formula.Monks?ReferralWhy did you select Formula.Monks over others?High ratingsGreat culture fitReferred to meCompany values alignedHow many teammates from Formula.Monks were assigned to this project?25Describe the scope of work in detail. Please include a summary of key deliverables.Develop an open and secure Platform, first to store IoT device data in the cloud, then to scale and adapt into an end-to-end connected device solutions on a global scale. Quick rapid prototype, using agile, and public/private cloud, adapt into working mission critical highly available solution. **RESULTS & FEEDBACK** What were the measurable outcomes from the project that demonstrate progress or success?Positive media coverage for corporate and IoT business unit, Industry awards, 25,000+ registered users, thousands of active users, 100,000+ active devices, all drove direct and indirect new revenue for the company.Describe their project management. Did they deliver items on time? How did they respond to your needs?Highly effective project and program management, Everything was on-time, very flexible, ramped up additional staff to meet dead-lines, ramped up extra hours at the last minute, and extra staff during product launches 24x7 to make sure everything went smooth. Great partner from day zero.What was your primary form of communication with Formula.Monks?Virtual MeetingEmail or Messaging AppWhat did you find most impressive or unique about this company?They cared about the work, and it was clear with everyone involved my problems were their problems, we also liked the squad based approach to staffing and solving problems, use of agile, and sprints, impacted positively the project, but eventually we used this as a internal corporate example of how Agile Development can be successful for software and product development.Are there any areas for improvement or something Formula.Monks could have done differently?No, great partner,I have used them again on other projects, and at other companies. --- #### Software Engineering Support for Telecommunications Co **The Project** - Services: Application Management & Support, BI & Big Data Consulting & SI, Cloud Consulting & SI, Content Marketing, Custom Software Development, IT Staff Augmentation, IoT Development, Logo, Product Design, UX/UI Design, Web Design - Project size: $10,000,000 + - Project length: June 2013 - Jan. 2019 **Project Summary**: Formula.Monks worked as the software engineering partner of a telecommunications company for many years. Their work included design, software engineering, DevOps, IoT development, and rapid prototyping. **Review Rating**: 5.0 - Quality: 5.0 - Schedule: 5.0 - Cost: 5.0 - Willing to Refer: 5.0 **The Reviewer** Former Department Director, AT&T - Industry: Telecommunications - Client size: 10,001+ Employees - Review Type: Online Review - Verified **The Review** — Aug 7, 2023 **Feedback Summary**: Thanks to Formula.Monks' work, the client achieved positive media coverage, industry awards, over 25,000 registered users, and over 100,000 active devices, resulting in new revenue for the client. Formula.Monks was timely, flexible, and caring, quickly scaling their team to meet important deadlines. ""They cared about the work."" **BACKGROUND** Please describe your company and position.I am a former department director at AT&TDescribe what your company does in a single sentence.Large multinational telecommunications company. **OPPORTUNITY / CHALLENGE** What specific goals or objectives did you hire Formula.Monks to accomplish?Innovation and Design ThinkingSoftware Engineering and Product DeliveryDev-Ops, SRE, scale, adapt, and improve solution **SOLUTION** How did you find Formula.Monks?ReferralWhy did you select Formula.Monks over others?High ratingsGreat culture fitReferred to meCompany values alignedHow many teammates from Formula.Monks were assigned to this project?25Describe the scope of work in detail. Please include a summary of key deliverables.Develop an open and secure Platform, first to store IoT device data in the cloud, then to scale and adapt into an end-to-end connected device solutions on a global scale. Quick rapid prototype, using agile, and public/private cloud, adapt into working mission critical highly available solution. **RESULTS & FEEDBACK** What were the measurable outcomes from the project that demonstrate progress or success?Positive media coverage for corporate and IoT business unit, Industry awards, 25,000+ registered users, thousands of active users, 100,000+ active devices, all drove direct and indirect new revenue for the company.Describe their project management. Did they deliver items on time? How did they respond to your needs?Highly effective project and program management, Everything was on-time, very flexible, ramped up additional staff to meet dead-lines, ramped up extra hours at the last minute, and extra staff during product launches 24x7 to make sure everything went smooth. Great partner from day zero.What was your primary form of communication with Formula.Monks?Virtual MeetingEmail or Messaging AppWhat did you find most impressive or unique about this company?They cared about the work, and it was clear with everyone involved my problems were their problems, we also liked the squad based approach to staffing and solving problems, use of agile, and sprints, impacted positively the project, but eventually we used this as a internal corporate example of how Agile Development can be successful for software and product development.Are there any areas for improvement or something Formula.Monks could have done differently?No, great partner,I have used them again on other projects, and at other companies. --- #### Custom Software Development for Education Tech Organization **The Project** - Services: Application Management & Support, Application Testing, Business Consulting, Custom Software Development, Graphic Design, Other Application Development, Product Design, UX/UI Design, Video Production, Web Design, Web Development - Project size: Confidential - Project length: Mar. 2021 - Sep. 2023 **Project Summary**: An education technology and research organization hired Formula.Monks for their custom software development services. The team delivered an MVP of the product along with the necessary features and functions. **Review Rating**: 5.0 - Quality: 5.0 - Schedule: 5.0 - Cost: 5.0 - Willing to Refer: 5.0 **The Reviewer** Former Sr. Product Manager - Industry: Education - Client size: 1,001-5,000 Employees - Review Type: Online Review - Verified **The Review** — Jun 1, 2023 **Feedback Summary**: Thanks to Formula.Monks’ efforts, the client was able to acquire an optimized tool that can support their business operations and processes. The team was highly proactive, and internal stakeholders were particularly impressed with the vendor's vast technical expertise. ""I had one of the best product-creation experiences I've had in my career."" **BACKGROUND** Please describe your company and position.I am the Sr. product Manager of NWEADescribe what your company does in a single sentence.We are an education technology and research organization whose flagship product measures how students in k-12 schools grow in their learning. **OPPORTUNITY / CHALLENGE** What specific goals or objectives did you hire Formula.Monks to accomplish?Discover and define a new product solution aligned to market need and organizational strategyDiscover and develop a tool that would enable our organization to validate that the product hypothesis was valid and efficaciousDeliver an MVP version of the identified product solution to market **SOLUTION** How did you find Formula.Monks?ReferralWhy did you select Formula.Monks over others?Pricing fit our budgetGreat culture fitGood value for costReferred to meCompany values alignedHow many teammates from Formula.Monks were assigned to this project?~15Describe the scope of work in detail. Please include a summary of key deliverables.The primary phase of work delivered was to enable us to validate our product hypothesis. The deliverables listed below provide more detail on this phase of work.Lab Platform Delivery - the existing Lab Platform application will evolve into a scalable, integrated platform that can test rich and engaging interactions with students and gather meaningful data for our researchers. The work on the Lab Platform is expected to proceed along the following lines:Items & Content: enable content creators to test new interaction types by creating scalable content management architecture to support new and enhanced data items. Researcher App: scale the researcher app so that different internal teams can leverage it for their needs.Content Presenter: enhance the student experience that is both inclusive and accessible to all students. Architecture: integrate the Lab Platform into our current systems where appropriate.Lab Platform Discovery - investigating the commercialization opportunity to offer the platform to third party researchers and evaluation of various business scenarios in order to identify the most suitable path forward to secure a revenue stream. **RESULTS & FEEDBACK** What were the measurable outcomes from the project that demonstrate progress or success?The team delivered the enabling product and technology that validated our product hypothesis. The team built an interoperable tool that supported our business-to-business strategy and aligned to industry standards. The team delivered foundational technology, architecture, designs, user experiences, and roadmaps necessary to complete this work.Describe their project management. Did they deliver items on time? How did they respond to your needs?Every deliverable for 2 years was handed over on-time and on-budget. The work-back plans were accurate and the team acted as true partners to help us execute our vision.What was your primary form of communication with Formula.Monks?Virtual MeetingEmail or Messaging AppWhat did you find most impressive or unique about this company?I have worked with many engineers, designers, strategists, product managers, project managers, and architects to take several new products from the idea phase to delivery. This team has been far and away the most high-quality team of people I have ever had the pleasure to work with. They challenged assumptions that needed to be challenged, identified problems and solved them before they became problems, and acted as true thought-partners with us. We treated this group as though they were normal co-workers with a shared vision, and because of that, I had one of the best product-creation experiences I've had in my career.Are there any areas for improvement or something Formula.Monks could have done differently?My only note is that there were times when the team seemed to be pressuring us to extend our relationship with them. While we sometimes took advantage of these opportunities, and I understand the nature of this type of relationship is to expand working opportunities where it is logical, sometimes it felt distracting for me as the project sponsor, though never disruptive of my work or the team's work. --- ## Portfolio & Awards ### Clutch Awards - [Clutch Award Badge](https://shareables-prod-static.clutch.co/badges/top_clutch.co_consulting_company_education_california.svg) ### Industry Recognitions - Ben Lee joins Formula.Monks as CMO - AI For All | USA Today ## Packages ## Locations (1) ### Los Angeles, CA (Headquarters) - 21550 W Oxnard Street - Los Angeles, CA 91367 - United States - 10 - 15 employees - Phone: 888-969-2983 ## Contact Formula.Monks [Send a message](https://clutch.co/profile/formulamonks) ### Connect on Social - [LinkedIn](https://www.linkedin.com/company/formulamonks) - [Facebook](https://www.facebook.com/watch/meetthemonks/) - [X](https://twitter.com/formulamonks) - [Instagram](https://www.instagram.com/monksformula/)