Examlex
A positive NMC is the result of marketing and sales expenses exceeding gross profit during the introduction stage of the product life cycle.
PaaS
Platform as a Service, a cloud computing model that provides customers with a platform allowing them to develop, run, and manage applications without the complexity of building and maintaining the infrastructure typically associated with developing and launching an app.
Small and Medium Businesses
Enterprises which, due to their size, have different IT requirements—and face different IT challenges—than do large enterprises, and whose IT resources (usually budget and staff) are often limited.
Traditional Waterfall
A linear and sequential approach to software development and project management, where each phase must be completed before the next one begins.
Agile Development
A software development methodology that delivers functionality in rapid iterations, measured in weeks, requiring frequent communication, development, testing, and delivery.
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