A profitable discipline (intro)

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Home > Journal > March, 2009

A profitable discipline

Managing your software and IP usage is all about the bottom line, say Mahshad Koohgoli and Sorin Cohn-Sfetcu.

Software has become a ubiquitous part of many products and services, some of which are distributed and used on a massive scale. Think of cloud computing, online banking and the engines for today’s cellphones and cameras. Competition requires that such new products are developed more quickly than ever before and yet brought to market at lower and lower cost.

Project managers therefore demand the design efficiency inherent in the reuse of existing, proven software code, be it internally generated or acquired from third parties. Most companies have lots of their own code files. Many, many more can now easily be sourced online and downloaded from open source libraries or acquired from external developers at a fraction of the time and cost it would take to do the work from scratch in-house.

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