Importance of Product Life Cycle Management in Software Development

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Software development

Developing the products is becoming much complex when compared to the time frame of just 10 years ago. In order to be an instant hit in the market, the software should bring something new to the table. As the offering has increased the users have many platforms to satisfy their needs.

Any product has to start from scratch in order to stay dynamic till the very end. So, there should be creative ideas behind the development of the software. Once the ideas have been curated there are further steps that need to be worked upon including conceptualizing, designing, working on it, testing, launch, and continuous maintenance. In order to make sure that the process keeps on moving at a consistent pace fundings and further road map should always be available in the execution.

Even if we talk about the launch of a product in the market, it doesn’t end there. So, there’s something that a lot of app developers or owners of the app forget to do. Building relevant connections are extremely important. There are various software already available in the market so the chances of your product performing well are relatively low. To overcome this you need to build strategic partnerships or even carry out some research and find out the organizations or platforms where you can showcase your software along with its USPs.

For a better development process, there should be a seamless communication channel between teams for design, quality, development including a focus upon the chokepoints. Also, software development should have a lower code churn rate so that the concept of efficient code development could be achieved.

What is the product life cycle management software?

Product life cycle management software enables the monitoring of the whole process of the development phase of a product. From the word go to the end phase a PLM software enables keeping a track of all the development activity. It helps in tracking the progress and also helps in accessing the market performance of the software after being introduced to the users in the market. The factors involved in it may include sales and the costs it incurred while being in the market.

When research is being conducted regarding how any product will perform in the market, a standard level of calculations is made while considering the various forces impacting the market. So, in product life cycle management of software, there could be factors like potential users in the market, availability of data, processes, business systems, and creating a buzz among the upcoming users.

PLM software makes the automation for administration much more seamless. So, with this whole process being automated the team of developers can focus more on the innovative path. With such a disciplined approach, every individual attached to the software (directly or indirectly) gets the real-time update.

PLM software can also be termed as a warehouse of the data of an enterprise. It very well may be utilized to robotize the administration of the information related to the software. ERP (Enterprise Resource Planning) can also be made much efficient with PLM software.

Must-have features of project life management cycle in software:

Ease of Use – Like any other software developed in the market even the PLM software should be providing the same experience. The UI/UX should always be worked upon to provide a better experience to the end-user.

Seamless Integration – The software you’re going to provide should not hinder the experience of the users with their current software. The software you’re going to provide should integrate without any hassle making it a better choice for the end-users.

Information Sharing – A software should have enhanced functionality so that it can help in transferring the required data to other sources as well.

Change Management – If the team members want to make any change in the development process then it can be very handy in such situations. With these slight touches, the end result can be exceptional as every team member will be able to give his/her best.

Reporting and Analytics – Access to the data can be beneficial in taking crucial steps. With the data provided to all team members, they can make sure to stay away from irrelevant activities while the development goes on.

Quality Management – It enables the departments and teams to assess quality issues. In the system called PLM, the required information is stored. It makes the single source for all quality-related information. Also, in the stage of development, relevant teams can take action upon any error.

How to make the PLM of a software successful

Understanding Business Issue – Software developers tend to focus completely on the development cycle. Due to excessive focus only on development, they tend to lose the essence of the business for which they are developing an app. So, it is extremely important to stay aligned with the business’s aim.

Knowledge of The Industry – Before jumping onto the development stage one should always undergo research of the industry for which they’re working. Having an in-depth knowledge of the industry will help you in developing software that speaks for itself. Staying aligned to the theme is extremely important in the project life cycle management of a product.

Development Phase – A blueprint that earlier was laid earlier needs to be worked upon and it should be a well-planned blueprint. A planned project usually takes less time to develop and leads to lower drainage of funds.

Testing – Once the software is developed it should be tested extensively for a minimum period of 6-7 days. In this phase, one can find hidden errors.

Regular Maintenance – Once an app is developed it needs further maintenance in the long run. It reduces the chances of any sort of vulnerability and promotes a healthy user experience.

So, the importance of product life cycle management in software development is extremely important and can be game-changing. So, in case you want to get an app developed for your business then you can contact a software development company but you should be well aware of the questions that you have to ask them.

Implementing the above-mentioned practices will help you in making a better app that is both reliable, secure and scalable in nature.


Roy M is a technical content writer for the last 8 years with vast knowledge in digital marketing, wireframe and graphics designing.

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