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Risk management practices in software companies
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Case Study Luxor Technologies
239 Words1 Page
Recommended: Risk management practices in software companies
This week case is about Luxor technologies, a company that for four years (1992-1996) grew exponentially thanks to a strong technical community that produced low cost, high quality applications of the state of the art technology. Their production was characterized by secrecy, and they never shared license with any other company. More than that, all their complete production was from their own shelf in order to protect the patent. Their success allowed them to dismiss the need for technical risk management on the company, even when their product did not reached the desired specifications.
By the end of 1996 Luxor technology became aware of the advances of their competitors, and it was estimated that by 1998 Luxor will no longer be a market
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