Software Technology Trends – What’s Next?

 

Updated – Sept 30, 2012

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:

Automation – businesspeople can easier analyze and operate for better operations and innovation.

Cloud computing – 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.

Mobile apps – 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.

For businesses using Microsoft’s products that need to save money, I wrote the article: Why Your Business Can Avoid the Expense of Microsoft’s Windows 8.

Security - with the huge increase  in cybercrime, security is very important.

Social media – Companies have found it to be essential for their marketing mix.

Virtualization – 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.

What are your thoughts?

From the Coach’s Corner, here are additional resources:

• Tech Planning: What If There’s Another Downturn?
• Tech Trends: CFO’s the Boss, IT Departments Are Disappearing

People who do the world’s real work don’t usually wear ties.

 

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Author Terry Corbell has written innumerable online business-enhancement articles, and is a business-performance consultant and profit professional. Click here to see his management services. For a complimentary chat about your business situation or to schedule him as a speaker, consultant or author, please contact Terry.