The processes of software development not only include production of the software products, but also their research, modification, re-engineering, re-use and maintenance. This means that with a software program, the companies or individuals are able to carry out all their functions as per their needs and preferences. As the market is developing, the demands for new software products will continue to increase, giving way for more and more software products coming into the market.
Keeping at par with the latest technology: The whole world is shifting from a traditional style workmanship into techno savvy working environment. An increasing number of companies are getting restructured with IT services and advanced technology. Therefore, to make use of the latest technology, software development is one of the major means of performing business in today’s world. This has also led to flourishing growth in the IT industry of the world. Therefore, development of new software products from time to time helps the companies and individuals in keeping at par with the latest technology.
Elements of software development: This process is not limited to development of a software product and selling it off. It also extends to other resources including market research, research and development, maintenance of the software product and software configuration management. Analysis of the problem, devising a design or plan of the software solution, implementation or coding of the product, bug fixing and deployment are also major elements that make software development as a whole.
Through market research, the needs of the potential customers are identified. Then a product is developed which is better and more affordable than the existing products. Maintenance of the product is also a major part of software development, the majority of which can be done by regular bug fixing. With software configuration management, the stages of the software development process are monitored, thus taking care that all things are doing right and within budget.
It will not be wrong to say that IT companies are growing fast mainly because increase in the needs of services for development. It can be seen that software development and IT companies are closely related to each other, as when one booms, the other also rises. That is why, a huge number of companies are now offering software development services, leading to an unbounded growth in the sector.
Now, almost every office is trying to make its work paperless and in this, software development proves to be of great help.