The software value map—an exhaustive collection of value aspects for the development of software intensive products

Document type: Journal Articles
Article type: Original article
Peer reviewed: Yes
Author(s): Mahvish Khurum, Tony Gorschek, Magnus Wilson
Title: The software value map—an exhaustive collection of value aspects for the development of software intensive products
Journal: Journal of Software Evolution and Process
Year: 2013
Volume: 25
Issue: 7
Pagination: 711-741
ISSN: 1532-0618
Publisher: Wiley
URI/DOI: 10.1002/smr.1560
ISI number: 000326241300003
Organization: Blekinge Institute of Technology
Department: School of Computing (Sektionen för datavetenskap och kommunikation)
School of Computing S-371 79 Karlskrona
+46 455 38 50 00
http://www.bth.se/com
Authors e-mail: Mahvish.khurum@bth.se
Language: English
Abstract: In software intensive products such as cars or telecom systems, software has traditionally been associated with cost, and there has been no real perception of its value in relation to the entire product offering. However, because software is becoming a larger part of the main competitive advantage, driving innovation and product differentiation, hardware is becoming more standardized, thus the valuation of software is becoming critical. In existing literature, several value constructs and corresponding valuation/measurement solutions needed for making decisions about software product development are presented. However, the contributions are often isolated with respect to a certain perspective such as focusing on product's internal or external quality aspects only. Consequently, a complete view of value constructs relevant from different perspectives required for making decisions about software product development is missing. This paper presents a consolidated view of the software value concept utilizing the major perspectives and introduces a software value map. The created value map was evaluated through an industry case study through the development of impact evaluation patterns, which were subsequently used by professionals in industry, and experiences gathered. During industry evaluation, practitioners found substantial benefits of having a consolidated, vastly improved, and extended value aspect's view of software. Copyright © 2012 John Wiley & Sons, Ltd.
Subject: Software Engineering\General
Keywords: value-based software engineering; decision-support; software value, software value analysis; software value map; requirements engineering; technology and software product management; product customization; software engineering management; value taxonomy
EU Project ID: 20100311
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