The Significance of Software Development Essay Example | Topics and Well Written Essays - 1250 words

The Significance of Software Development - Essay Example The utilization of Custom Software facilitates higher stakes in the rush for efficiency and productivity amongst firms. All the same, the usage of Business Software development has potential to efficiently meet full business needs. Â  Moreover, Software development is widely viewed as a very lucrative venture especially given that the high and mighty in this field is also amongst the richest globally. So, although it is not such a young field, its continued progressive growth indicates it has large capacity to be amongst the dominant industries and rival, like say, oil mining. To say it simply, all that one requires to start software development is a computer and internet connection. Once this is well laid out, it is possible to pursue new ideas in this field. The dominance and significance of software development in the information technology industry imposes important legal, social, ethical and social implications that is worth consideration. Legal Issues emerging in software deve lopment are basically to do with intellectual property rights and freedoms. Right of software ownership largely depends on whether the software is copyright protected or not. Alongside the intellectual property rights, that are largely proprietary, there is also open source software, which has come a long way since the late 1990s. Â  Software developers who subscribe to this school of thought insist that it is the best way to raise the standards of software. One of the complications in copyright laws is the notion of fair utilization.