The competitive pressures on firms to bring out new products at an ever rapid pace to meet market needs are increasing. As such, the pressures on the R&D department are increasing. In order to alleviate the pressure, firms have to either increase R&D budg
There are several different approaches to software development. Some take a more structured, engineering-based approach to developing business solutions, whereas others may take a more incremental approach, where software evolves as it is developed piece-by-piece. There are significant advantages and disadvantages to the various methodologies, and the best approach to solving a problem using software will often depend on the type of problem.