{"id":302,"date":"2007-05-17T07:00:05","date_gmt":"2007-05-17T15:00:05","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=302"},"modified":"2007-05-17T07:00:05","modified_gmt":"2007-05-17T15:00:05","slug":"software-2007-innovation-in-software","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/software-2007-innovation-in-software\/","title":{"rendered":"Software 2007: Innovation in Software"},"content":{"rendered":"<p>The Software 2007 conference highlighted innovations in the software industry.  <a target=\"_blank\" title=\"McKinsey and Company and Sand Hill Group\" href=\"http:\/\/www.sandhill.com\/opinion\/editorial.php?id=133\">McKinsey &#038; Company and Sand Hill Group<\/a> made their report on software innovation available at the conference.  475 senior IT and business executives were polled as part of their survey.<\/p>\n<p>When asked what the most important software issue in their company, software innovation topped the list:<\/p>\n<ul>\n<li>33% Software Industry Innovation<\/li>\n<li>21% Software as a Service<\/li>\n<li>18% Web Services and SOA<\/li>\n<li>11% Open Source<\/li>\n<li>9% Offshoring and Globalization<\/li>\n<li>8% Software Industry Consolidation<\/li>\n<\/ul>\n<p>The costs of software are rising.  The survey found that software takes up 31% of IT budgets and is likely to increase to 36% in two years.  But the costs aren&#8217;t what these executives are concerned about.  Only 14% said that they worry about costs.<\/p>\n<p>Maybe that&#8217;s because they are looking to renegotiate their traditional licensing contracts for alternatives.  Currently 60% of software is being paid for via traditional licensing and 40% using some other model.  Subscription on-demand is an alternative pricing model most frequently cited as one that will be considered as a replacement to their current contracts.<br \/>\nNew pricing models have translated into lower up-front costs and this is turning IT organizations inside out.  Today 69% of IT operations are centrally controlled with the rest being controlled by business units.  40% see less central control on the horizon over the next two years.<!--bb566152f33ef774bbd6deedba0016eb--><\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fsoftware-2007-innovation-in-software%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fsoftware-2007-innovation-in-software%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/reddit.png\" alt=\"Reddit 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McKinsey &#038; Company and Sand Hill Group made their report on software innovation available at the conference. 475 senior IT and business executives were polled as part of their survey.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/software-2007-innovation-in-software\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,36],"tags":[],"class_list":["post-302","post","type-post","status-publish","format-standard","hentry","category-innovation","category-technology"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=302"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/302\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}