The Future of Software: Insights from Industry Leaders
As technology continues to advance, the role of software in businesses will become increasingly crucial, with many companies recognizing the importance of software in their operations. In a discussion on the future of software, industry leaders from Oracle, Microsoft, Dow Chemical, Information Builders, IBM, and SAS Institute shared their perspectives on the evolution of software and its impact on businesses. According to Microsoft's Charles Fitzgerald, every company is now a software company in one way or another, with software playing a key role in the information economy. This sentiment is echoed by Dow Chemical's Mani Shabrant, who predicts the emergence of new tools for data visualization and intelligent software that can recognize context.
Key Takeaways:
- Microsoft's Charles Fitzgerald emphasizes that just about every company is in the software business, with software playing a key role in the information economy.
- Dow Chemical's Mani Shabrant predicts the emergence of new tools for data visualization and intelligent software that can recognize context.
- Information Builders' Gerald Cohen suggests that new categories of software will emerge as long as venture capitalists continue to invest in the industry.
- SAS Institute's Jim Goodnight focuses on new opportunities, including anti-money-laundering software and other applications to comply with the U.S. Patriot Act.
- Goodnight advises the IT industry to take a short-term view, citing that SAS' two-year plans are more effective than five-year plans, which can become outdated by mid-term.
Statistics:
- None mentioned in the text
Sources:
- Oracle
- Microsoft
- Dow Chemical
- Information Builders
- IBM
- SAS Institute