Launching a successful product in the software industry is something that many independent software vendors plan to do, but very few are successful in converting their plans into reality.
A software product development process involves multiple stages and ISVs of all sizes can benefit from implementing this practice in the correct manner. This involves product prototyping, developing a minimum viable product, product reengineering, maintenance and support.
Before starting on a software development project, ISVs need to know which step to implement in order to overcome a particular challenge. If a product has reached the maturity stage, what method should be used to overcome this challenge? An experienced software product development company can help you answer all these questions and much more.
In this cheat sheet, we will cover the following points:
- Creating a roadmap
- Designing the product
- Product development and testing
- Product launch and market expansion
- Ensure growth of mature products
- Managing decline
