Towards estimating the value of an idea
Proceedings of the 12th International Conference on Product Focused Software Development and Process Improvement
Supporting product design by anticipating the success chances of new value profiles
Computers in Industry
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An effective way for software development organizations to survive in competitive markets is to make competition irrelevant through requirements that create new value. Value-Innovative Requirements Engineering is a novel requirements-engineering process to support this market approach. VIRE is based on the blue-ocean strategy for creating an uncontested new market space that satisfies new customer desires and needs. The VIRE process guides the creation of new value for potential customers, using blue oceanís ERRC (eliminate, reduce, raise, and create) requirements analysis process as well as quantitative requirements analyses. A case study shows how VIRE created significant new market value.