As the technology landscape gets complex, it is becoming increasingly difficult to manage processes and skill-sets that are not core-competencies, not to mention the costs involved. Thus there is a need to rely on object-oriented design paradigm, employing third-party modules and components to dramatically reduce the development time of an application. Such code functionality can be easily re-used and transferred to other projects as well. Technobyte Solutions provides component development services to information technology companies for most of the popular technologies and platforms including C++, Java, J2EE, ActiveX, Visual Basic, COM/COM+/DCOM, and .NET.

Component based software development (CBSD) focuses on building large software systems by integrating previously existing software components. By enhancing the flexibility and maintainability of systems, this approach can potentially be used to reduce software development costs, assemble systems rapidly, and reduce the spiraling maintenance burden associated with the support and upgrade of large systems.
Component-based systems encompass both commercial-off-the-shelf (COTS) products and components acquired through other means, such as non-developmental items (NDIs).
Several important factors that Technobyte Solutions considers when implementing component-based systems:

Short-term considerations
1. Development process
2. Planning
3. Requirements
4. Architecture
5. Standards
6. Reuse of existing components
7. Component qualification

Long-term considerations
1. External dependencies/vendor-driven upgrade problem
2. System evolution/technology insertion

Four major activities characterize the component-based development approach:

Fig. : Activities of the Component-Based Development Approach