Arizona State University has a software factory capstone project where student teams work through concurrent product and service offering lifecycles in a project context. It covers concepts including opportunity assessment, risk management, technology evaluation, licensing models, resource planning, delivery models such as hosted, turnkey, and Software as a Service (SaaS), technology acquisition, outsourcing, governance, quality assurance, software certification, and continuous process improvement.

It helps fulfil three different student needs:

• Professional development for students
• Software development for sponsored projects
• A setting for comprehensive research on human/organizational factors in software development