What will the software industry look like in 3, 5, even 10 years from now? And what customer demands and business trends will drive changes in software products, how they’re developed, and the industry that provides them?
Given the dynamics of innovation and ever-changing user landscape, in many ways it’s difficult to predict what the software industry will look like in 3 years let alone 5 or 10 years. With this said, however, here are some thoughts for consideration.
Security: Security will ultimately be linked more often to an individual’s biometric markers. The trend continues towards multi-factor authentication where both physical and virtual considerations prevail. As advancements in security technology are achieved, cyber criminals will also continue to advance and keep this segment of the software industry ever-changing.
Private, Public and/or Hybrid Clouds: The existence of all three may very well be a reality for years to come. With most business decisions, associated risk must be well balanced with specific technology advancements to determine appropriate IT decisions. When it comes to private and public clouds, attention will remain focused around the sensitivity of intellectual property and related data which is collected, processed and stored.
By simple categorization, valuable intellectual property and/or sensitive data which might be subject to too much risk in a public cloud will continue to remain in private clouds both physically and logically separated from other types of information and services.
For more information, visit SaaShr.com and stay tuned next Friday for Bill’s thoughts on mobile software and social media’s impact on sales and marketing!
About the author:
Bill Loss is co-founder and CEO of SaaShr.com, established in 2002 with a group of senior software architects; SaaShr.com specializes in delivering workforce management applications as a service over the Internet. Bill is responsible for strategic vision of the company and ensuring all internal controls and growth forecasts are met.
Prior to founding SaaShr.com, Bill played a key role for more than five years with an international trading conglomerate and co-founded an online advertising firm that later was acquired by a public company. In addition to holding a seat on the Software Division Board of the Software & Information Industry Association (SIIA), Bill is actively involved with the mid-market special interest group of the Human Resources Outsourcing Association (HROA).
Bill resides in New Jersey with his wife Myra and two daughters.