Third-party software component

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In computer programming, a third-party software component is a reusable software component developed to be either freely distributed or sold by an entity other than the original vendor of the development platform. The third-party software component market thrives because many programmers believe that component oriented development improves the efficiency and the quality of developing custom applications. Common third party software include macros, bots, software/scripts to be run as add-on for popular developing software.

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