Accurate prediction of defects in software components plays a vital role in administrating the quality of the quality and efficiency of the system to be developed. So we have written a systematic literature review in order to evaluate the four main defect prediction techniques. Defect prediction paves way for the testers to find bugs and modify them in order to achieve input to output conformance. In this paper we have discussed the open issues in predicting software defects and have provided with a detailed analyzation of different methods including Machine Learning, Integrated Approach, Cross-Project and Deep Forest algorithm in order to prevent these flaws. However, it is almost impossible to rule which method is better than the other so every technique can be analyzed separately and the best technique according to the problem at hand can be used or can be altered to create hybrid technique suitable for the cause.