The traditional measures of software development success - time and budget - do impact a company's ability to develop new products successfully, but not nearly as much as one might think. Of all the factors that the Product Development Success study identified as influencing product development success, time and budget had the smallest impact on overall software development success.
Of the 6 different factors the Product Development Success study identified as integral to successful software product development, feedback was weighted as the 2nd most important metric behind company culture. See how and why incorporating user feedback into the software development process is a must, and read about the different levels of success at doing so between the most highly successful companies and companies that are less successful....
Communication is one of the most important factors that impacts a company's ability to develop new software products successfully. From ensuring that employees share a common vernacular to determining the frequency with which dialogue occurs, communication can be a tricky minefield to navigate. See what the Product Development Success study found about the importance of communication, and hear InnovationExcellence.com's Chief Research Officer ...