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Wednesday, March 11, 2009
Opportunites For New Billion Dollar Software Companies
MR Rangaswami opens up a refreshing discussion on software’s billion dollar question, The article - highly recommended for reading points to possibilities of new billion dollars emerging (while some are skeptical of such large software companies coming out in the near future). I, for one firmly believe that possibilities of new billion dollar software companies are very bright. Lets examine the why and how of such a scenario. The business dependence on digitized processes are getting more and more pronounced. The warp and the weft of business processes are firmly centered around technology . With increasing complexity of enterprise applications, we see that the dilemma of business in supporting existing tech investments which keep increasing on the one hand and the pressure to gain more yields from such investments to make the business more competitive. This challenge is in many ways pushing the business to look for and invest in more and more innovative technology centric solutions. With large software vendors respond slowly to the changing realities or have their own delivery program schedules for providing such solutions, many best-of-breed vendors would be able to move in and begin to provide relief. This demand will provide the fodder for the growth and sustenance of many more billion dollar software companies albeit with varying means of delivery.
Labels: Emerging Technologies, Emerging Trends, Enterprise Software|
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