Agile can be implemented in almost any industry, not just IT. It produces a working product very quickly in comparison to other models while including customer input and feedback throughout the development process. Additionally, Agile improves visibility and removes layers between stakeholders and working teams while minimizing traditional requirements and planning needs.
Agile is best for situations where a working product, piece of software, or system is needed quickly and where having some features available soon is preferable to having everything available all at once. Agile is also well-suited to environments where requirements are fluid and likely to change, and where stakeholders (including clients) want to have a lot of input into the end product.
A key opportunity for clients seeking to bring the Agile methodology to product development is to embrace a hybrid approach that combines aspects of both Agile and Waterfall in a way that capitalizes on the strengths of both. We know that this need is a reality many clients face and we have experience implementing hybrid approaches combining methodologies with great success.