The firm noted that 50% of defects identified on software projects can be traced back to errors in requirements, while bad requirements mean rework, consuming 30 to 40% of total effort expended on a software project.

Steve Gedney, UK managing director of Borland said: It is high time for the IT departments to start getting its house in order and pull IT development together with the rest of the business. Effective, efficient requirements practices, means businesses can accelerate software delivery and avoid budget and schedule overruns – and ultimately IT waste.

Borland pointed to analyst studies that have shown that poor requirements management and definition is the leading cause of software project failure, resulting in excessive rework, non-requested functionality, cost overrun, poor quality, missed schedules, overlooked needs, and even outright failure.

Borland said its Caliber family of requirements management and definition products are designed to help to ease or solve many of these problems, by helping to ensure complete and accurate software requirements. Caliber helps stakeholders across the organization to collaborate more effectively so that projects are delivered on time, within budget, and to specification, the company said.

In the requirements-management and definition space Borland competes with the likes of IBM Rational, Telelogic, Mercury, Compuware, and MKS.