COTS component acquisition in an emerging market

Abstract

Component-based software engineering has generated much interest among researchers and in industry. Purported CBSE benefits include lower development costs, higher productivity, and more manageable quality of the developed software. But today's software component market is far from mature - it is, at best, in the early emerging phase and hence lacks industry standards and management guidelines. Understanding the COTS component market's evolution and dynamics can help buyers make more effective component choices and ultimately influence market development.