software industry

The software industry is a broad sector that develops, publishes, and supports computer software, including applications, systems, and platforms. It encompasses companies that create software for various purposes, such as business operations, creative work, and artificial intelligence.

Why it’s in the news: It is in the news due to its significant growth, ongoing recovery, and major disruption from artificial intelligence, which is reshaping the industry through job cuts, new spending patterns, and competitive challenges.

Latest on software industry

• India’s outsourced software industry grows 9.5 percent to reach $239 billion
• 23 best-performing stocks of August, as the software industry continues its recovery
• Sprout Social to cut 260 jobs as AI reshapes software industry
• AI-native spending surged 94 per cent. Traditional SaaS grew at eight. The enterprise software industry is watching the clock.
• The creative software industry has declared war on Adobe
• Wikidata: Salesforce — operates in — software industry
• Wikidata: Xamarin — operates in — software industry
• Wikidata: FileMaker, Inc. — operates in — software industry
• Wikidata: Reality Labs — operates in — software industry
• Wikidata: Facebook (Israel) — operates in — software industry
• Wikidata: IBM — operates in — software industry
• Wikidata: Databricks — operates in — software industry

Connections

18 entities linked to software industry across the news graph.