Each version of a piece of software that is released receives a software version number. Software versioning relates to the different versions of software that the software company releases. Tracking version-use by customers reduces the risk that a customer will use outdated software and have a poor user experience. Software vendors also benefit from identifying clients using the latest software versions and isolating those that still need to update. By separating essential and secondary updates, vendors can highlight, segment, and charge for certain features. They track software versions and use the insights they gather to power their segmentation and monetization plans. For software vendors, versioning is even more critical. Users rely on software developers to keep them up to date, and they expect a methodical way of understanding when and what updates are released. Software versioning is important because it helps both users and software providers track the different versions that the company releases. Therefore, software versioning is an integral part of the production. Over time, new features are released, developers fix bugs, and the span of the software evolves as exciting updates and new versions are created. Software updates are part of any software's lifespan. For software vendors, changes within a software offering that do not change the essential product, but rather increase functionality and fix problems, are called new software versions.
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