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Before getting into “How can Agile solve your Software Development predicaments?” let’s get to know about Agile.

History of Agile
Agile methods grew out of the real-life project experiences of leading software professionals who had experienced the challenges and limitations of traditional waterfall development on project after project. The approach promoted by agile development is in direct response to the issue associated with traditional software development both in terms of overall philosophy as well as specific processes.

Why Agile?
Agile development, in its simplest form, offers a lightweight framework for helping teams, providing constantly evolving functional and technical landscape, maintain a focus on the rapid delivery of business value (Minimum Viable Product). As a result of this focus, the benefits of agile software development are that organizations are capable of significantly reducing the overall risk associated with software development.
Agile involves lots of client collaboration which intern provides quick feedbacks, helping identifying changes in the beginning of the development cycle.  Just imagine Awkward situation where you are almost ready with the product and client says “This is mess. This is not what I wanted”. Imagine a situation for client where he is not getting what he expected even after 1 year of your hard work.

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Now we have a solution…
Going Agile can help you avoid frustrated clients as well as developers. Agile development stimulates the delivery of MVP (Minimum Viable Product), and through a process of continuous planning and feedback, is able to ensure that value is continuing to be incremented throughout the development process. As a result of this iterative planning and feedback loop, teams are able to continuously align the delivered software with required business needs, easily adapting to changing requirements throughout the process.

Let’s see some Agile Vs Waterfall project success rate…
The 2015 CHAOS report from the Standish Group discovered that the agile method produces a higher success rate than the waterfall model:
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References:
https://www.versionone.com/agile-101/agile-software-development-benefits/
http://clearcode.cc/2014/12/agile-vs-waterfall-method/