Software Sector May Get Hit Hard
from the not-good dept
For a whole variety of reasons, the events of last week may hit the software sector particularly hard. Many large software sales projects go through right at the end of the third quarter. Those big sales take lots of face to face meetings, and last week was mostly a lost week – and it’s much tougher to fly anywhere to meet with companies right now. Also, with the threat of war on the horizon, many companies may be holding off on their spending plans, and are in no mood to buy a large enterprise software system. Of course, if you’re in the military simulation software business, you might be in better shape.
Comments on “Software Sector May Get Hit Hard”
Teleconferencing
This may be the shot in the arm that teleconferencing needed. Windows 2000 and XP come with Netmeeting and you can download it for others. There are many other products as well.
The stock values climbed yesterday as the news that many companies would implement these technologies.
Re: Teleconferencing
Good point. Supported by this article that shows how conferencing technology stocks rose yesterday.
Additional Software
Additionally, Biometric identification technology, for figerprint and iris, will be getting more attention for use in buildings, airports and other security specific applications.
Storage Area Networking and Backup and Data Replication software will be getting more attention as well.
So were as ecommerce and non-mission critical application software may be taking a hit, mission critical and security applications should soar!