Bitcoin is an open-source, peer-to-peer, digital currency software.
The real tragedy would be a natural-born software writer, currency trader or CEO spending his days trapping squirrels.
The impact appears largely beneficial though, says Wolfgang Koester, chief executive and currency strategist at Fireapps, a software firm specializing in detecting foreign exchange exposure.
Are my accounting system and my financial software able to cope with the single currency?
The strong currency may boost productivity by making imported machinery and software cheaper.
However, he argues that the return on investment for a company like IBM or a similarly large business can be so substantial merely from utilizing software to get real-time visibility into their currency exposure.
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The computer software and hardware maker reported revenue up 5% excluding currency gains, and earnings per share up 15%, both beating the average analyst expectations by healthy margins.
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Just imagine if this extraordinary flood of software development talent could be deployed in the decentralized digital currency space where it would lead to reduced transactional friction, shorter clearing times, massively lower processing fees, optional buyer anonymity, and finality of merchant payment.
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Soon after Mr. Barrie arrived, he started using three new software systems to comprehensively track and manage the company's currency risk.
Software revenue was down 1 percent, up 3 percent adjusting for currency.
Software revenue was up 3%, or 4% adjusting for currency.
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For a growing number, the answer is software that allows them to quantify, monitor and manage the effect of currency fluctuations on their results.
The company known for its mainframe and other complex computing software said that bookings fell 1% (4% on constant-currency basis) partially due to weaker results in internet security business.
Currency concerns even prompted the firm to pare back its revenue and earnings per share estimates for software maker Oracle.
Lacking stock to use as currency, O'Reilly has been forced to pass on a number of strategic acquisitions for his software division, which makes a Windows-based Web server called WebSite.
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