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According to IDC, Ernst & Young, European Information Technology Observatory, and other world leading analysts, the volume of the Russian offshore software development market varies up to $300 million for 2002, which shows the annual market growth of 30-50%.
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Glossary | Development methodology         
Glossary

Development methodology
A systematic approach to software creation that defines development phases and specifies the activities, products, verification procedures, and completion criteria for each phase. See: incremental development, rapid prototyping, spiral model, waterfall model
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