Software businesses: RIP
Ray Lane: The Software Business is Dead Man Walking
Former president of Oracle says the software business is all but over. Its about to be eaten alive by Open Source, SaaS and outsourcing development to China and India. The upshot? Customers are no longer locked in to software vendors.
A interesting side note is that 75% of profits from the last dregs of the software industry are earned by Microsoft, Oracle, and SAP. The last to have truly successful locks on their customers.
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