Whois & Analysis for visionx.io

Software is a set of computer programs and associated documentation and data.

This is in contrast to hardware, from which the system is built and which actually performs the work.

In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design and manufacture, as well as the service and disposal of manufactured products.

PLM integrates people, data, processes, and business systems and provides a product information backbone for companies and their extended enterprises.

A service is an act or use for which a consumer, firm, or government is willing to pay.

Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on.

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

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

Services may be defined as intangible acts or performances whereby the service provider provides value to the customer.

In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer.

In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods.

A service is also regarded as a type of product.

Mathematical optimization (alternatively spelled optimisation) or mathematical programming is the selection of a best element, with regard to some criterion, from some set of available alternatives.

It is generally divided into two subfields: discrete optimization and continuous optimization.

Optimization problems arise in all quantitative disciplines from computer science and engineering to operations research and economics, and the development of solution methods has been of interest in mathematics for centuries.