2012
DOI: 10.1002/smr.1560
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The software value map — an exhaustive collection of value aspects for the development of software intensive products

Abstract: SUMMARY 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… Show more

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Cited by 84 publications
(104 citation statements)
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“…When maximizing value is used as a prioritization goal, different perspectives of value need to be considered. Khurum et al (2012) propose a breakdown of software value aspects therefore enabling discussion about different perspectives on value. Lehtola et al (2005) identifies a need for alignment between business and engineering activities in a market-driven setting.…”
Section: Discussionmentioning
confidence: 99%
“…When maximizing value is used as a prioritization goal, different perspectives of value need to be considered. Khurum et al (2012) propose a breakdown of software value aspects therefore enabling discussion about different perspectives on value. Lehtola et al (2005) identifies a need for alignment between business and engineering activities in a market-driven setting.…”
Section: Discussionmentioning
confidence: 99%
“…At first, software functionality was predominately required in order to support tangible electrical, hardware and mechanical solutions without delivering any other perceptible value for the customers [1]. Today, software functionality is rapidly becoming the main competitive advantage of the product, and what delivers value to the customers [2]. However, the way in which software features are being developed, and how they are prioritized is still a challenge for most organizations.…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, the individual value of a feature is not additive towards the overall release value and offering them in conjunction will provide synergies that are important to be taken into account [17]. A value-map is suggested by Khurum et al [18] by using knowledge from state-of-the-art in software engineering, business, management, and economics, gathered through literature reviews and by interviewing industrial professionals in that the authors studied a broad range of value constructs and classified them as belonging to customer, internal business, financial, as well as innovation and learning perspectives.…”
Section: Information Needs For Release and Service Portfolio Decisionsmentioning
confidence: 99%