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Agile Methodologies: The New Corporate Tale!

Last updated on Sep 10,2024 2.7K Views


Growth of Agile

There is a growing need for speed and due to escalating technical problems, a good share of companies are adopting agile methodologies. Today, the percentage of companies opting for the agile software development has increased since 2012. People and businesses want to see quicker results hence, they need a software that will help them attain the same.

Agile software development refers to a group of software development methodologies based on iterative development where solutions occur through collaboration between self-organizing cross-functional teams. Agile methods or processes generally promote a disciplined project management process that encourages frequent inspection, a leadership philosophy that encourages teamwork, self-organization, and accountability, a set of best practices intended to allow for delivery of high-quality software, and a business approach that aligns development with the customer needs and company goals. Companies, like those that enable users to play slots for real cash, have also adopted agile methods to swiftly adapt to market demands and enhance user experiences. British Airways was one of the companies that saw agile software as a faster way to create products that would generate sales.

The Rush for Agile

Agile offers improved quality, more opportunities for mid-course corrections, improved customer or business satisfaction, better alignment between business and IT and improved time to market. With attributes that gives a company all the reasons to adopt a software, why would  anyone want to miss out on something exceptional.

There are other reasons as to why huge number of companies are adopting the Agile methodology.

  • Faster time to market– Various companies who adopt agile are pretty exhausted with long delivery cycles that often deliver the wrong products to the market. The idea of two-week delivery cycles is pretty good and since the competition is getting tougher and faster, getting the products sold quicker becomes important.
  • Build the right products– If we are building the exact features that our customers are asking for, incremental delivery helps us build them the way our customers actually see them. When we deliver smaller increments, there is an opportunity to let customers see the product and respond to it. Agile helps customers and the team converge on the best possible outcome.
  • Early risk reduction– Agile refers to risk management. By delivering on time and receiving feedback, the risk of building the wrong product is reduced. Integrating and building defect-free software reduces the risk of delivering a wrong product out in the market.
  • Better quality– Agile fixes time, cost, and quality and gives tools to vary the business and technical scope of the solution. You might not get everything you hoped for, but you can trust what was delivered.
  • Culture– Agile promises to create teams of empowered individuals and teams full of people working on the highest priorities of the business with a shared sense of purpose. When agile is implemented well, it creates fun environment to work and nothing gets better than working with people who share similar goals.
  • Customer satisfaction– The key to any company’s happiness is to know that your customer has attained utmost satisfaction from your services. Agile helps in building a kind of partnership with the customers where people work together to get problems solved.

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Agile Methodologies: The New Corporate Tale!

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