When building software products, we tended to form long-lived teams around them. The team would be responsible for the product throughout its life. During the initial build and subsequent revisions, they handled the entire Software Development Life Cycle (SDLC) end-to-end, including delivery into production. These teams were also often responsible for managing the production environment and providing support.
The scale of the product, and how widely it was adopted, determined whether it was managed by a single software team or by a network of teams all working for one product group. One thing that was noticeable about software product teams, apart from their long-lived nature, was that they often had good relationships ...