Across the technology industry, innovative developments are helping services from software companies to become faster and more productive for the customer than ever. Through the internet and cloud technology software companies are offering a broader array of options through the concept software-as-a-service (SaaS). SaaS offerings and revenue are at the core of nearly every top software company in the world. Through cloud technology, customers can more easily pay a regular subscription fee to immediately access software through the internet on the provider’s server. Software companies are also some of the world’s top developers of enterprise solutions commonly known as infrastructure as a service (IaaS) with SaaS powering many IaaS solutions.
World Software Industry Map
Microsoft (MSFT): U.S.-based with headquarters in Redmond, Washington. Microsoft is the world leader in software. Sales are more than twice its next closest competitor at $103.3 billion. It specializes in desktop processing services for companies and individuals through its familiar Microsoft Office Suite. It is also leading in cloud enterprise technology through Azure which is a top infrastructure-as-a-service (IaaS) offering. Oracle (ORCL): U.S.-based with headquarters in Redwood Shores, California. Oracle’s annual software sales are $39.5 billion.
The company has four main sources of revenue which include: cloud services and license support, cloud license and on-premise license, hardware, and services. Cloud services and license support is its top revenue generator bringing in $6.662 billion in its third quarter of 2019.
SAP (SAP): The Germany-based multinational software giant has annual sales of $27.4 billion. Its primary offerings are cloud based with the majority of its revenue derived from cloud and software but mostly coming from software. Adobe (ADBE): U.S.-based with $7.7 billion in annual revenue. Comprehensively it segments revenue by digital media and digital experience.
This can be further broken down to subscriptions, product, and services and support. Overall, Adobe is becoming known for helping the world transition from paper to digital storage.
Its most notable products include the Adobe Creative Cloud Suite, Document Cloud, and Experience Cloud. VMWare (VMW): U.S.-based with $7.9 billion in annual revenue.
Traded publicly with majority ownership by Dell EMC. Wide range of cloud software and enterprise offerings that are compatible with Windows and Mac. Enterprise offerings are also available as standalone platforms.
World Scenario Of Software Industry
Specialties are in the area of corporate virtualization and workstation optimization. Salesforce.com (CRM): U.S.-based with $10.5 billion in annual sales. Software-as-a-service for corporate relationship management activities. HCL (HCLTECH): Indian-based company with $7.8 billion in annual sales. Founded in 1976.
HCL is also focused around software services for businesses. It offers application integration services, infrastructure management services, digital and analytics services, cybersecurity, and software for internet of things (IoT) technology.
Software Industry News
Contents.History The word 'software' was coined as a prank as early as 1953, but did not appear in print until the 1960s. Before this time, computers were programmed either by customers, or the few commercial computer vendors of the time, such as. The first company founded to provide software products and services was in 1955.The software industry expanded in the early 1960s, almost immediately after computers were first sold in mass-produced quantities. Universities, government, and business customers created a demand for software. Many of these programs were written in-house by full-time staff programmers. Some were distributed freely between users of a particular machine for no charge. Others were done on a commercial basis, and other firms such as (founded in 1959) started to grow.
Other influential or typical software companies begun in the early 1960s included,. The computer/ makers started bundling, and programming environments with their machines.When (DEC) brought a relatively low-priced to market, it brought computing within the reach of many more companies and universities worldwide, and it spawned great innovation in terms of new, powerful programming languages and methodologies. New software was built for microcomputers, so other manufacturers including IBM, followed DEC's example quickly, resulting in the amongst others.The industry expanded greatly with the rise of the ('PC') in the mid-1970s, which brought desktop computing to the office worker for the first time. In the following years, it also created a growing market for games, applications, and utilities., 's first product, was the dominant operating system at the time.In the early years of the 21st century, another successful has arisen for hosted software, called, or SaaS; this was at least the third time this model had been attempted. From the point of view of producers of some, SaaS reduces the concerns about, since it can only be accessed through the Web, and by definition no is loaded onto the end user's PC.Size of the industry According to industry analyst, the size of the worldwide software industry in 2013 was US$407.3 billion, an increase of 4.8% over 2012.
As in past years, the largest four software vendors were, and respectively.Mergers and acquisitions The software industry has been subject to a high degree of consolidation over the past couple of decades. Between 1995 and 2018 around 37,039 have been announced with a total known value of US$ 1,166 bil. The highest number and value of deals was set in 2000 during the high times of the with 2,674 transactions valued at 105. In 2017, 2,547 deals were announced valued at $111 billion. Approaches to successfully acquire and integrate software companies are available. Business models within the software industry Business models of software companies have been widely discussed.
Network effects in, networks of companies, and their customers are an important element in the strategy of software companies. See also.References.
Paul Niquette (1995). Adapted from Sophisticated: The Magazine. Elmer C. Kubie (Summer 1994). 'Recollections of the first software company'.
16 (2): 65–71. (2003).
From Airline Reservations to Sonic the Hedgehog: A History of the Software Industry. Cambridge, Massachusetts: MIT Press. P. 57. Fishman, Katharine Davis (1981). The Computer Establishment (paperback 1982). New York: McGraw-Hill Book Company.
Institute for Mergers, Acquisitions and Alliances (IMAA). Retrieved 2018-02-28. Popp, Karl Michael (2013). Norderstedt: Books on demand. Karl M. Popp and Ralf Meyer (2010).
Profit from Software Ecosystems: Business Models, Ecosystems and Partnerships in the Software Industry. Norderstedt, Germany: BOD. Cusumano M. (2003) Finding Your balance in the Products and Service Debate, Communications of the ACM. 46:3. Software Ecosystem: Understanding an Indispensable Technology and Industry.
Cambridge, MA, USA: MIT Press. 2003.External links Look up in Wiktionary, the free dictionary. Words to Avoid (or Use with Care) Because They Are Loaded or Confusing.
Retrieved 2013-01-31.