Fandom

The IT Law Wiki

Versioning

32,169pages on
this wiki
Add New Page
Talk0 Share

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.

Definition Edit

Versioning is

the creation and management of multiple releases of a product, all of which have the same general function but are improved, upgraded or customized. The term applies especially to operating systems (OSs), software and Web services.[1]

Overview Edit

Versioning is especially prevalent with information goods such as books, films, or software because the costs of reproduction are typically small relative to the price. For these products, companies often release multiple versions over time (e.g. hardcover, paperback, and e-book) or add and remove features (e.g. bonus tracks or concurrent user limitations) as part of their product-line strategy.

It is difficult to predict how big data will influence the prevalence of versioning. If it becomes easier to predict individual customers' willingness to pay and charge different prices for an identical product, versioning may be replaced by personalized pricing. On the other hand, versioning has the benefit of reducing concerns about inequity that arise with personalized pricing, and big data may facilitate versioning strategies based on "mass customization," particularly for information goods that can be customized at relatively little incremental cost.

References Edit

  1. WhatIs.com (full-text).

Source Edit

External resources Edit

  • Hal Varian, "Versioning Information Goods." Digital Information and Intellectual Property (1997) (full-text).

Also on Fandom

Random Wiki