A Critical Analysis of Software Product Failure: An Indian & Global Perspective

Abstract

The software industry is acting as an engine for economic growth and development of a Nation. Over the past two decades, software became a key factor for the smooth operation of almost every type of industry and among all sectors of organization. The software industry has great positive and disproportionate impact on world’s financial growth, export, jobs and economy. The success and growth of the software industry is directly dependent on the successful completion of the final delivered software products and successful completion of final software deliverables are highly depended on quality of requirements. In current scenario requirements are uncertain and not fixed. As per human tendency not to constant with their necessities therefore clients/ professionals behaviors are also in changing nature hence requirements keep on changing thus highly influences the successful completion of software projects hence performance of the software industry. That is why requirement management plays very critical and crucial role in the successful development of software projects. The main motive of this research study is analyzing various important facts and figures about software industry and their influences in various sectors of a country. Findings from the various survey and reports shows that how requirements are influencing and impacting in the success of software projects. It is being analyzed that requirement uncertainty plays vary crucial role in the successful development of a software projects. The major reasons behind such a high rate of failure, factors and causes of software projects being analyzed and discussed with rigorous literature review.