Innovation would be the mantra for growth & survival for enterprise software players, including those seen as walking dead – In the valley it is innovation driving the growth
It is refreshing to see sandhill group recognizing the Top 25 Software Innovators. Released few weeks before the software 2007 meet with the theme,"Powered by Innovation” the list makes interesting reading. Innovation Showcase is comprised of four categories - Fast Track(demonstrated market traction. With substantial revenues), Software(younger than their FastTrack counterparts, these companies are generating real revenues with real innovative ways to apply software to business., International(pioneers are building substantial businesses addressing real needs around the world) and Software-as-a-Service (the next generation of pioneers that are filling out the suite of Software-as-a-Service applications across critical business divisions.)– that represent growth, innovation and are likely to experience material events in the next year. The list is well strcutured and covers a wide range of new breed of players.
I recently wrote,atleast in respect of the enterprise software, which is closer to the heart of CIO’s its clear – as I had always been telling - while vendors are addressing market realities to keep their industry vibrant and with consolidation fever ahead - one could clearly hear the voice :whether customers would benefit a lot because of this, add the need to make more innovation happen and absorb faster. No,I am not talking about Marc Benioff finding SAP innovation free, while I certainly agree with his perspective that observers tend to overestimate the creativity and innovation that entrenched technology companies can bring to a particular problem and underestimate the effect of business-model conflicts that lurk behind the scenes ( as applicable to all majors). Innovation need not not be always of the disruptive type but every type of Innovation counts. In today’s hypercompetitive world ,simply put innovation is non-negotiable and innovation streak is of very high value to enterprises.
Labels: Emerging Technologies, Emerging Trends, Enterprise Software, Innovation, Software