Today, the cloud is a buzz with innovation and new applications. Software providers leverage the cloud to host a wide range of new opportunities, providing solutions that address any size business model with a multitude of flexible cost options.
Overall revenue for the 2014 Software 500 companies reached $717.7 billion, up 7.1% from last year’s $670.2 billion, according to findings of the 2014 Software 500 ranking of the world’s largest software and services companies, now in its 32nd year.
Verticalization is a continued focus among major software providers as smaller industries demand applications with more customization.
According to Gartner, IT operations management and security software services (ITOM) solutions fall under the infrastructure umbrella, and is intended to represent all of the tools needed to manage the provisioning, capacity, performance, and availability of the computing, networking, and application environment.
To protect and profit from their offerings, software providers must make software license management a priority.
More than 6,000 attendees travelled to San Jose, CA’s San Jose Convention Center for an energetic conference of NetSuite executives, partners, users, developers, and press and analysts.
Popular cloud segments, including Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS) represent rapidly growing markets in which service providers are focused.
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