Application Lifecycle Management Market to see Booming Business Sentiments | Microsoft, Atlassian, Broadcom, Inflectra iCrowd Newswire 12 May 2021, 16:08 GMT+10 Application Lifecycle Management (ALM) is the specification, design or development as well as testing of a software application of a computer program. ALM covers the entire lifecycle from the idea conception to the development, testing, deployment, support and ultimately retirement of a software system. Moreover, it is an integrated system of people, processes, and tools which helps in managing the life an application from concept to retirement. It is similar to Software Development Lifecycle (SDLC) but more comprehensive in scope. ALM includes certain parameters such as governance, development, maintenance, and decommissioning of software. Thus with the rising applications in different sectors is making the market to grow at its prominent phase.