Build version Id is the id given to the application when it is released within the company during different life cycles and Software version Id is the id given to the application when it is released outside the company for the customer.
Build is a Executable file which is handed over to the tester to test the functionality of the developed part of the project.
Release is that which we finally hand it over to the client of the project after the development and testing phases are completed.
Version is the number of releases made according to the addition of the requirement of the client. Thanks.
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As the build version id is the id of the application when it is released within the company so there is an option and chance of modifications in that application during this process. But as compared to build version id there is no chance to modify the application if it released outside the company and a software version id given to that application. In build version process there are different cycles after processing through that cycles an application finalize and it released to customers after giving it the software version id which is the full and final id of any application.The following image can clear your concept a lot.
                                                                    
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Dear Riajuli,
There is some difference between Build Version and released Version Software. Build version of software is a Executable file which is handed over to the tester to test the functionality of the developed part of the project.
Release version of software is that which we finally hand it over to the client of the project after the development and testing phases are completed.
Thanks.Thanks and Regards
Louis
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