Software Development Life Cycle (SDLC) is a process used by the software industry to design, develop and test high quality software.
The SDLC aims to produce a high-quality software that meets or exceeds customer expectations, reaches completion within times and cost estimates.
It is also called as Software Development Process. SDLC is a framework defining tasks performed at each step in the software development process. It aims to be the standard that defines all the tasks required for developing and maintaining software.
SDLC is a process followed for a software project, within a software organization.
It consists of a detailed plan describing how to develop, maintain, replace and alter or enhance specific software.
The life cycle defines a methodology for improving the quality of software and the overall development process.

A typical Software Development Life Cycle consists of the following stages.
Stage 1: Planning and Requirement Analysis
Stage 2: Analysis / Defining Requirements
Stage 3: Designing the Product Architecture
Stage 4: Building or Developing the Product
Stage 5: Testing the Product
Stage 6: Deployment in the Market and Maintenance