The sole objective of release management is to plan, schedule, coordinate and manage the deployment of applications and their updates into live environments. Software companies and their products evolve with changing market dynamics. Release management provides a means of tackling these changes by providing a framework to help plan and control deployments across environments. This is done by releasing only sufficiently tested changes into the live environment. Other benefits include:
Faster delivery of updates to end users and an increase in the frequency of releases
Low risk of changes affecting the functionality of the existing version that users currently use
Minimizing business impact (like downtimes) by effectively scheduling releases
Ensuring changes meet requirements right from planning to the deployment phase
Integrating security and testing across all phases of SDLC
A release management template can become handy in cutting down timelines of future releases. Also, the quality of releases is improved thanks to well-integrated testing stages in the process along with better coordination across teams.