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A Complete Guide On Software Product Development Stages And Life Cycle

News 21 AV by News 21 AV
October 9, 2021
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A Complete Guide On Software Product Development Stages And Life Cycle
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All Software Product Development needs detailed documentation. This documentation must cover the business requirements and clarify product functionality. It can also serve as the basis to discuss essential issues between business owners and developers. Here is how you can prepare to start a successful Software Product Development:

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Read more: Web Application Development: A Detailed Guide for 2021

5 Essential Stages Of Software Product Development

Stage 1: Product Discovery

The first stage in the Software Product Development lifecycle is where new ideas or concepts originate. A team is organized to study the idea, perform market analysis, and identify technical and market risks. This will help organizations to determine the need for Software Product Development.

Stage 2: Product definition

In this stage, the team creates the first comprehensive evaluation of the technology. Developers and managers evaluate the important points of differentiation of the new product. This will avoid misinterpretation of the needs of the market.

Stage 3: Product development

This is the most time-consuming stage. Software developers use the design document to write code for the components. The task is divided between team members according to their area of expertise. This includes front-end developers, database administrators, and software developers.

Stage 4: Product testing

Quality assurance team steps in this stage to ensure the software meets all the requirements for which it was built. It involves functional testing, performance testing, unit testing, security testing, and usability testing.

During this stage, software developers fix any bugs and retest as many times as required. This stage continues until the software is free of bugs and measures up to the potential capability.

Stage 5: Product deployment

Now, the software is sent into the market for user acceptance testing. Once again, the software team fixes any bugs based on the feedback from its first users. Then the final version is launched into the market. This stage also includes maintenance and strengthening of the software.

Perhaps now you feel you are ready to start Software Product Development. But, hold on! Selecting the right partner for Software Product Development will impact your company in the long term. So, read on to find a few tips that can help you define the right partner.

Read more: Software Development Outsourcing Guide for CEOs

software development outsourcing

 

Tips To Select The Right Partners For Software Product Development

Selecting the right partners is an important decision that should not be treated lightly.  So, here are few tips:

1. Conduct a background check on the company

To validate the company’s experience and professional trajectory, contact some organizations that have worked with the vendor. This will help you know their experience and the final outcome of the product.

2. Check their ability

For your product to be of excellent quality, the vendor should have abilities and excellence in software development. To guarantee their excellence, find out if they have QAG (Quality Assurance Group) or GMO (Organizational Improvement Group).

3. Knowledge of different methodologies

Solid methodological training and experience in using various technologies are vital for product development.

4. Ability to support throughout the cycle

Ensure that the vendor does not abandon the project at any of the stages.

5. Ability to understand your business

All in the team should be able to understand your unique business requirements and help you find the best solution aligned with your objectives.

6. Capable testers 

Ensure the vendor in consideration has qualified testers who can guide you on how to perform your own tests.

 

Healthier, Better Business With Software Product Development

It may be time for you to start thinking about Software Product Development that helps you run a healthier business. True, it requires an investment of time and money. However, in the long run, you will realize that you have saved time and money by enhancing customer satisfaction and improving employee retention. We at Fingent ensure a streamlined product development process that simplifies both deployment and transition. Call us to see how you can get this started for you right away.



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