Whois & Analysis for emorphis.com

Software development is the process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Software development is a process of writing and maintaining the source code, but 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, sometimes in a planned and structured process.

Therefore, software development may include research, new development, prototyping, modification, reuse, re-engineering, maintenance, or any other activities that result in software products.

In business, outsourcing is "an agreement in which one company contracts-out a part of existing internal activity to another company".

It involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing).

The concept "outsourcing" came from the American Glossary 'outside resourcing' and it dates back to at least 1981.

Outsourcing sometimes, though not always, involves transferring employees and assets from one firm to another.

Outsourcing is also the practice of handing over control of public services to private enterprise.

In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.

The benefits of such a service are held to be demonstrated by the buyer's willingness to make the exchange.

Public services are those that society (nation state, fiscal union, region) as a whole pays for.

Using resources, skill, ingenuity, and experience, service providers benefit service consumers.

Service is intangible in nature.

In commerce, time to market (TTM) is the length of time it takes from a product being conceived until its being available for sale.

TTM is important in industries where products are outmoded quickly.

A common assumption is that TTM matters most for first-of-a-kind products, but actually the leader often has the luxury of time, while the clock is clearly running for the followers.