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A technological innovation that results in economic growth, business expansions and globalization occur as hardware innovations and development as well as software development. Software development, application development, software application development or enterprise application development, as it is commonly referred to is the development of a software product. Though the term is used to for the process of writing computer programs and maintaining the source code, in a broader sense, it includes all that is involved between the conception of the desired software through to the final manifestation of the software, through a planned and structured process.

Developed for a variety of purposes, Software product development includes the stages of research, new development, prototyping, modification, reuse, re-engineering, testing and maintenance, all of which result in a software product. Software can be either custom software for specific client or business, open source software for potential users. Embedded softwares are developed for integration into any physical product or activity.  Depending on the expanse of the software development cycle, organizations have also taken up near shore development services to facilitate the development process.

However advanced the computer’s hardware and peripherals be, it relies almost entirely on the software for functionality and maintenance. The device driver is software that is installed on the computer to enable it to interact with the peripheral devices. Further, softwares are installed on computer systems to enable end users access. The software product development being a very innovative sector, there are a number of IT organizations that have forayed into software development.

The leaders in this sector develop computer software solutions for hardware and peripheral such as Networks, storage and value-added adapters, USB devices, Protocols, Operating systems and kernels, processor, Boot loaders, File system drivers and Printers and scanners.  The strong team of software professionals with their knowledge of embedded technologies and understanding of media processing, have earned credits for developing software solutions for all levels of the consumer electronics from Digital cameras, DVD to WiFi routers and android application services for mobile processors.

Irrespective of the industry sector, software product development has become a necessity. Be it the financial services, market which uses Business intelligence tools and dash boards for trading, investment planning and CRM applications or the Hospital industry’s Hospital information systems. With a wide range of organizational requirements, most organizations   prefer outsourcing the software development to teams conducting offshore development services. This not only ensures the client organizations innovative software based on cutting–edge technologies, but also provides home team to concentrate on more critical business issues.