The process of developing new software, applications, or digital products is referred to as product development in the IT industry. This process covers a sequence of processes, including ideation, design, development, testing, and deployment.
The goal of the lean development strategy is to maximize value for the client while minimizing waste. It entails eliminating non-value-adding tasks and pursuing continual improvement. Because it enables teams to produce high-quality products more quickly and inexpensively, lean development is appropriate for the development of IT products.
Overall, organizations can gain a lot from product creation in the IT sector, including more income, higher customer happiness, and simplified procedures.