Application development projects are famously unsuccessful. Some analysts estimate that the majority of corporate software endeavors fail to deliver appropriate features and come in on budget.
A small company called iRise has developed software which helps collect an application's requirements and quickly build a prototype that simulates what an application will look like before actual coding is done. The company release version 5 of its product, which is aimed at business analysts, on Monday.
iRise on Monday also published the results of a commissioned study that showed that 69 percent of respondents are dissatisfied with current methods for communicating application requirements from business analysts to developers.
The survey also found that 74 percent of the 200 IT executives respondents factor in rework time for a software development project. That's not a very optimistic view. Maybe it is time to reconsider how application development is done.