The business must also consider reusability of code and architecture, and interoperability based on possible deployment environments. Another important aspect of software product development is the generalization approach for any feature. In the world of application development, developers must only consider the needs of one client, but in the realm of software product development, the functional and technical architects must consider numerous possible product uses and end-user needs, and numerous deployment scenarios, and design a solution that will function with minimal or strategically planned customization, implementation or integration effort.To be successful in software product development, a business must employ a breadth of domain and platform experience to ensure they can deliver appropriate, effective products to the market and remain relevant in the market. The PDMS project must include steps to refine product requirements and to create and manage clear goals to meet business and technology objectives, mitigate risk and produce products and output in a timely, cost-effective manner. The business must perform market analysis, comparative analysis, and functional and technical feasibility studies to facilitate and accelerate growth and market success. Very few internal IT teams possess the resources or domain expertise to successfully develop a software product for market.
An appropriate software product development processes and delivery model will produce world-class, cutting edge software products throughout the product development life cycle from conceptualization, specifications, design, and development through the product lifecycle including support, enhancement and maintenance tasks. To optimize investment, the business must carefully design its Technology and functional architecture to ensure that it can be utilized and leveraged well into the future in an ever-changing business, market and technology environment… It is imperative that the business consider, not only the development cycle, but also the ongoing life cycle of the product including upgrades, migration, maintenance and support, as well as the security standards and policies that are necessary to comply with the strictest privacy and security procedures and industry and government standards and regulations.
When a business recognizes the difference between ADMS and PDMS and engages in effective, professional management of a product development project, it will achieve its strategic market goals and deliver quality products to the market in the most cost effective manner, with flexibility, scalability and performance for current and future requirements.