We can agree the software industry has undergone dynamic changes as it continues to modernize. That’s true, too, as the industry stakeholders form alliances and partnerships. The focus is on tailoring software for the end-user or customer.
Tech companies, like firms in other industries, constantly develop new products and must continually improve the product or service utility of existing products. They must satiate customers, who routinely what to know: “What will this product do for me?”
Indeed, we’ve enjoyed more technological advances in the last 30 years than any other time in history.
We’ve all noticed these trends:
Software will continue to be valuable in research. For instance, IBM’s big data and analytics software helps scientists research the environment.
This video explains:
Businesspeople can easier analyze and operate for better operations and innovation.
Outsourcing saves companies time and money while providing a service. Plus, the maintenance responsibility belongs to vendors.
However, there are risks to businesses if they don’t pick the best cloud storage provider.
Mobility is a by-product of technological development. Smart phones, tablets and notebooks for business and consumers have provided flexibility, which now commonplace and expected.
Modernization and saving costs
Because licensed applications are expensive to purchase and upgrade, business is increasingly using open-source.
Plus, CEOS and CFOs have long complained about the need for IT professionalism and understanding about finance. Indeed, two studies indicate need for IT pros to get businesslike. (If you want to learn to speak the language of senior management, there are countless tips on this portal in the Finance category.)
It’s also why CFOs are still calling the shots in IT decisions.
With the huge increase in cybercrime, security is very important.
Companies have found it to be essential for their marketing mix.
It allows maximum flexibility because businesspeople and their employees can work offsite.
These are my thoughts about software technology trends. I’m not a futurist.
But I do know this: Look for increasing developments in security, mobility, speed and accuracy.
From the Coach’s Corner, here are additional resources:
Strategies to Create the Best Possible Mobile Apps — Consumer and enterprise penchants for mobile technology have skyrocketed but we’ve only scratched the surface in developing quality, application solutions. Mobile apps are expected to support initiatives for a company’s return on investment. That includes competitiveness in the marketplace; efficiency; enterprise and consumer relationships; and revenue – better yet, profits would be more ideal.
Tech Trends: CFO’s the Boss, IT Departments Are Disappearing — Two developments are clearly underway in information technology. Increasingly, the chief financial officer is in charge and IT departments are shrinking in size. Here’s why.
Why CFOs Are Still Calling the Shots in IT Decisions — The top IT decision-maker for many companies is not the chief information officer. The chief financial officer is increasingly calling the shots for IT. The CFO is becoming the top technology decision maker in around half of businesses
People who do the world’s real work don’t usually wear ties.