Why Application Lifecycle Management is Imperative for Your Business

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With the ability to empower development-intensive companies to implement and enforce best practices across the organization, Application lifecycle management (ALM) solutions can make a big difference. Although it is an integral part of the lifecycle of any software application that helps the development team manage the processes, ALM is not really synonymous with Software Development Life Cycle (SDLC).

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Why Application Lifecycle Management is Imperative for Your Business

  1. 1. Why Application Lifecycle Management is Imperative for Your BusinessWith the ability to empower development-intensive companies to implement and enforce best practicesacross the organization, Application lifecycle management (ALM) solutions can make a big difference.Although it is an integral part of the lifecycle of any software application that helps the development teammanage the processes, ALM is not really synonymous with Software Development Life Cycle (SDLC).Application lifecycle Management improves instant communication and information-sharing among all keystakeholders. An application lifecycle management solution presents numerous remarkable advantagesto all development-intensive businesses, like those that design, build, and sell software to customers andother third-parties. Businesses can boost productivity, cost-efficiency, and quality with application lifecyclemanagement solutions in place. Application lifecycle management offers many dramatic benefits to alldevelopment-intensive businesses, such as those that design, build, and sell software to customers andother third-parties, or companies that assign in-house IT teams to develop proprietary software forinternal use by employees.The actual benefits can be enjoyed by both business owners and IT, only when ALM is executedcorrectly. Individual tools that are not integrated can get cumbersome and be far less economical to use.To ensure the best results, ALM tools need to be integrated with other tools within the organization. Asthey allow companies to quickly and efficiently design and build new software applications or enhanceexisting ones, application lifecycle management software systems offer the agility and flexibility needed toinstantly respond to changing customer requirements. One of the main advantages of application lifecyclemanagement is that teams can concentrate on existing business necessities, reduce rework, improvedevelopment processes, and make quicker, better decisions. This in turn leads to high-quality productsthat are delivered on time.Investing in the right ALM solution can also empower product managers with the tools and technologiesthat are essentials to restructure the whole software product development process. A good ApplicationLifecycle management solution ensures end-to-end traceability between work items that begin frombusiness requirements and extend all the way to final test execution results and release decision support.Decide on an ALM solution that supports and encourages collaboration regardless of role, organization,or geographic location. A good service provider will have the industry expertise that allows companies tomaximize their investment in employees, technologies, and other resources. They ensure that resourceskills or capabilities are accurately matched to the requirements of each particular task, activity, or phasein the development lifecycle. This, in turn, can reduce development-related costs and increase efficiency.
  2. 2. Also read on - Product lifecycle management, business intelligence tools

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