Upgrade

A new version of a software or hardware product designed to replace an older version of the same product. Typically, software companies sell upgrades at a discount to prevent users from switching to other products. In most cases, you must prove you own an older version of the product to qualify for the upgrade price. In addition, the installation routines for upgrades often check to make sure that an older version is already installed on your computer; if not, you cannot install the upgrade.

In the 90s, software companies began offering competitive upgrades, which means that you can buy a program at a discount if you can prove that you own a competing program.

Webopedia Staff
Webopedia Staff
Since 1995, more than 100 tech experts and researchers have kept Webopedia’s definitions, articles, and study guides up to date. For more information on current editorial staff, please visit our About page.

Related Articles

Early Adopter

Early adopters play an integral role in the shift from untested to critical technology—they're the first buyers to invest in new hardware, software, or...

Process Automation

Process automation shortens or eases manual tasks, often making the results more accessible to users. Automation typically decreases the need for human deliberation or...

Digital Marketing Acronyms and Terms to Know

Many companies have had to evolve their businesses to meet consumer wants and needs in new ways. One area that is evolving consistently and...

Database Software

All organizations must store and manage data in a database. Database software is key to efficiently accessing, controlling and sharing the information stored in...

Accenture

Accenture is a global professional services company that specializes in information technology (IT)...

Best Managed Security Service...

Organizations of all sizes can outsource their management of security devices and systems...

Gartner

Gartner is a world-renowned information technology (IT) consultancy and advisory firm that conducts...