That is below the projected growth rate for the outsourcing services industry--the National Association of Software and Services Companies forecasts the industry's revenue to increase 12%-14%.
Vermont Country Store invested in data mining software because they hired somebody who had experience in the financial services industry, and she used the software to demonstrate that she could find more responsive customers for their mailings.
"Lawyers, advertising agencies and recruiting firms have all developed skills and services specific to the technology industry, " says software entrepreneur Ashok Soota.
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James, 48, has broad knowledge of the computing industry, spanning hardware, security, software and services, which she developed through leadership positions at Intel and as chairman of Intel's software subsidiaries -- Havok, McAfee and Wind River.
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The hope for Indian services is that, as in the software industry, customers who came for the price will stay for the quality.
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Under the new program, the industry will monitor "peer-to-peer" software services for evidence of copyrighted files being shared.
Goldman prefers investing in the software and services subsectors of the information-technology industry, which will benefit from the proliferation of smartphones, tables, cloud computing and increased e-commerce activity.
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Garmin's broad range of in-vehicle electronics for the automotive industry includes infotainment and telematics systems, navigation software, location-based services, and integrated portable navigation systems.
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Unlike the software business, India's other world-class industry, remote services do not employ only the highly educated.
Best known for its credit-score calculation services, Minneapolis-based Fair Isaac also sells software to government and industry for making business decisions and reviewing medical bills.
"It's part of a growing trend to integrate hardware, software and services, " says Ross Rubin, director of consumer technology industry analysis for the NPD Group.
Brinqa and other such software is used by large IT shops, especially in the financial services industry, for whom any outage could mean a significant loss of revenue, or could trigger regulatory scrutiny.
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Innovators in the software industry are rushing to fill this gap with new cloud-based tools and services that provide small businesses with very effective analytical insights and reports.
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Telcos should look for partners in the software industry with a successful track record in those verticals they want to go after with M2M services.
We provide consumers and enterprise, government and automotive industry customers with digital maps, traffic intelligence, navigation software, PNDs, automotive systems, fleet management services, smartphone apps, fitness devices, POIs and speedcam intelligence.
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