Why Companies use Agile methodology?

Companies use Agile methodology for a variety of reasons, including:

  1. Flexibility: Agile methodology allows companies to adapt quickly to changes in the market or customer needs. Because Agile emphasizes continuous feedback and adaptation, companies can make changes to the product or project in real-time, rather than having to wait for a lengthy development cycle to finish.
  2. Collaboration: Agile methodology emphasizes collaboration between team members and with the customer. This can lead to better communication, more creative solutions, and a better understanding of the customer’s needs.
  3. Faster time-to-market: Agile methodology emphasizes delivering value to the customer early and often. This can help companies get their product to market faster, which can be a competitive advantage.
  4. Improved quality: Agile methodology emphasizes continuous testing and feedback, which can lead to higher quality products.
  5. Increased customer satisfaction: Agile methodology emphasizes delivering value to the customer and collaborating closely with them throughout the development process. This can lead to higher customer satisfaction and increased customer loyalty.

Overall, companies use Agile methodology because it can help them to be more flexible, collaborative, and responsive to the needs of the customer, while also improving the quality and speed of their development process.