In the dynamic realm of IT and software development, a significant number of projects face failure, as highlighted by a Statista study. The culprit often lies in the absence of proper planning and clear project goals.

Embarking on a software development venture without prioritizing the crucial discovery and planning phase is akin to constructing a skyscraper without a meticulously crafted architectural plan. Many software development agencies dive into projects without foresight, neglecting essential considerations for requirements and deliverables.

Acknowledging these challenges is imperative. Agencies may not be entirely at fault, grappling with inexperience in managing the discovery process, insufficient resources, time constraints, and evolving project requirements.

The significance of the discovery and planning phase extends beyond the software development company; it also benefits the client. Engaging in this phase allows clients to collaborate with an experienced Business Analyst, refining project requirements and ultimately reducing costs while enhancing the likelihood of a successful product development journey.

In this blog, we shed light on why entrusting this pivotal phase to Time Global is a wise decision. As an enterprise software consulting company boasting over 12 years of experience in project discovery, we showcase a robust portfolio of successfully executed complex software product development projects.

Before we delve into the unique approach of Time Global, let's explore the distinct stages of the software development life cycle.