Application lifecycle management
(ALM) is the process of coordinating software development lifecycle stages,
that include requirements management, development, testing, software
architecture, change management, project management, and release management,
and reporting. It lets software companies to develop software according to
their compliance and requirement.
New systems of cloud, server, and
virtual computing systems have opened up avenues for the application lifecycle
management market. They require a software framework for the entire application
as well as being mobile-friendly. ALM makes it easier for developers to reuse
code while developing programs. Demand for software quality and productivity is
the major driver of the market. This lets them comply with the complex
industry’s standards and regulations. SaaS (software-as-a-service) poses the
biggest threat to the market.
ALM has an in-built compiler,
code libraries, and provides compatibility with other programs.
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Applications are built from
functions which require inputs from a user. This process helps companies to
evaluate their strategies to improve the software process from beginning to
end. This can increase the accountability and efficiency of an organization.
Real-time collaboration, access to centralized repository, and better
projecting and reporting of objective data are key factors of dominating the
application lifecycle management market.
IBM and Microsoft (MS) are few
application vendors by opening its application programming interface (API) to
open-source players. Integration of MS products in the ALM cycle and regular
software updates via its Microsoft Developer Network give it a greater
advantage over its rivals.
Continuous delivery on account of
mobile and cloud computing has led to the development of agility in the
application lifecycle management market. AJILE is a methodology that has been
adopted by various software companies far surpassing the waterfall software
development cycle model. Structuring change and quality management in the
software lifecycle will provide opportunities for enterprise cloud development
and AJILE delivery.
This upcoming trend is closely
related to DevOps i.e. collaboration of developers and operations teams working
together. DevOps work together to launch initial phases of software programs
and any bugs are reported back to the QA (Quality Assurance) team.
Key players of the application
lifecycle management market are Parasoft, CollabNet, VersionOne, Jama, and
Borland.
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Market Leaders
·
Atlassian
Software Systems
·
CA
Technologies
·
Hewlett
Packard
·
IBM
·
Micro
Focus
·
Microsoft
·
Serena
Software
Market Participants
·
Borland
·
CollabNet
·
Hansoft
·
Jama
·
Parasoft
·
Polarion
Software
·
Progress
Software/Telerik
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