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