RECENT NEWS
TechCrunch  2 hrs ago  Comment 
 The race to crown a winner in the AI-powered recruiting software space is on. With both Workey and Mya nabbing rounds in the last few weeks, the timing is prime for a few players to seek advantage in the form of growth capital. This seems to be...
Benzinga  4 hrs ago  Comment 
State election officials are baffled by a Bloomberg report alleging that Russian hackers compromised the voting systems in 39 states, adding that cybersecurity firms were engaging in scare tactics to win state and local contracts to protect...
Wall Street Journal  4 hrs ago  Comment 
New software is tasked with identifying videos, photos, language and users that need to be removed, at times without human moderators.
BBC News  4 hrs ago  Comment 
Smart software will help the social network tackle posts that promote terror, says the site
Cellular News  5 hrs ago  Comment 
Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world's leading organizations across the shipping supply chain, today...
The Hindu Business Line  5 hrs ago  Comment 
Software firm Esri India has developed an app for yoga practitioners, Yogamplify, using GIS (Geographic Information System) technology.The app helps yoga enthusiasts and practitioners locate the near...
TechCrunch  6 hrs ago  Comment 
 The developer training and recruitment service Andela announced its expansion into Uganda. The company―which recruits African software developers and places them at global companies―completed its first recruitment cycle in Kampala. The...
Forbes  8 hrs ago  Comment 
Cost of software estimations vary, but five main factors contribute to software pricing estimates.
Cellular News  8 hrs ago  Comment 
Nearly two-thirds of customer service agents are satisfied in their jobs and millennials, the largest workforce demographic, are even more so with 70 percent of them saying they like what they do according to the just-released...
Banking Business Review  10 hrs ago  Comment 
UK-based financial services software provider Misys and Canada-based payments and lending technology developer D+H have merged to form fintech company, Finastra.




 
TOP CONTRIBUTORS

Computer software provides the functionality to do tasks ranging from writing a letter on the computer, to the more complex task of organizing and analyzing large data sets. There are four general types of computer software which includes system software, middleware, application software, and engineering software. Many of the major software companies have been consolidating or acquiring other companies to provide products or services in multiple fields. For instance, rising demand for open source and On-Demand software, has led many larger companies to acquire smaller companies that specialize in these services. Maturity in more traditional software markets such as enterprise software have also contributed to consolidation.

System Software

System software provides an interface between the hardware and application software, for example operating systems and network management software.

Middleware

Middleware is the software that connects different software applications on the users computer.

Application Software

Application Software is the software used to accomplish a broad range of different tasks with a computer. The primary subcategories of Application Software includes Database Software, Office Suite Software (Word Processing, Presentations, Spreadsheets), and Enterprise Software (Business Intelligence, Content Management, Customer Relationship Management, Data Security, HR Management Knowledge Management, Predictive Analytics/Forecasting, and Price Optimization). Application Software makes up just under half of all packaged software sales in the world.[1]

Engineering Software

Engineering software is offered to aid engineering, design or scientific calculation work. The software packages cover 2D/3D design, process or structure simulation, automated electronical or mechanical design and virtual reality.

Trends and Forces

The Rise of Open Source Software

The IDC, an information market research firm, projected that growth of Linux, an open source operating system, would be about double the growth of windows between 2007 and 2011.[2] As its name sugests, Open source software has source code that is "open" and readily available and can be changed by anyone. Open source software is usually sold for a small license fee, but the majority of open source revenues come from selling support and training. Open source is a much cheaper option than traditional application software offerings, but raises security concerns for many companies. However, major traditional competitors such as Microsoft and Oracle realize the threat of open source and are either developing their own open source software or selling support to existing open source software.

Cloud Computing Could Change the Way Software is Delivered

Traditionally, application software is sold for a license fee and installed on the computer. Cloud computing completely changes that. Cloud computing provides On-Demand software, which means a central server would be responsible for the delivery and maintenance of your software over the internet. In most cases, the end user would pay a subscription fee to use this software. Cloud computing eliminates a lot of costs for companies because a company would no longer need to pay for on-site servers, maintenance fees, or licensing fees. Traditional software companies like Oracle (ORCL) , SAP AG (SAP) , and Lawson Software (LWSN) are threatened by the adoption of cloud computing.

Enterprise Software: A Maturing Market

Enterprise software sales growth reached its peak in the late 90's, but since 2000 growth has been tempered. Growth started to decline between 2000 and 2003, but has leveled out and stayed in the mid-high single digits since then.[3] In response to the slow growth, software vendors began to consolidate. Buyer's are now purchasing more from single vendors because of the wider product offerings. This gives greater purchasing power to the buyer's and the vendor's are pressured to lower prices to attract these customers. In addition, the growth of On-Demand (or Software as a Service, SAAS) has taken some of the demand from traditional enterprise software. SAP AG (SAP), Oracle (ORCL), CA (CA), and BMC Software (BMC) are few companies that get a lot of their business from enterprise software.

Modelling of Physical Reality

3D CAD modelling and rapid prototype technologies together with the abilty to simulate the physical behaviour of structures are the most important enablers of fast product development cycles in the manufacturing and construction industry. 3D CAD is moving to annotated models which carry all relevant product data available for interfacing to business application software, engineering validation and manufacturing. The software packages are used to create virtual prototypes of the components and assemblies. Progress in simulation science (e.g. Finite Elements) and usability enhancements are adding value to the software packages for the engineering work.

Software Piracy Plagues the Industry

In 2007, a study by the Business Software Alliance and the IDC found that for every $2 of software sold legitimately, $1 was lost to piracy. This translates into about $40B in revenue.[4] Piracy is more of a problem in developing countries, such as China, rather than developed countries like the US.

I guess fidinng useful, reliable information on the internet isn't hopeless after all.

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