Quick thought: Uncertainty dominates enterprise software market

City of Las Vegas

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So I figure I’d write a quick post this morning while I wait to catch my connecting flight home. This is also my first post via the iPhone WordPress application, so it’s somewhat of a test from this device.
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This week I was at the SSPA trade show in Las Vegas, and it was the quietest I’ve ever seen a major industry event. I don’t have actual numbers, but it seemed like attendance was down. I’m sure some of this reflects general economic softness, but I also think that the dramatic gyrations in the financial markets must have led to last minute cancellations. Either way, if this one data point reflects the level of activity in the overall market, then enterprise software is about to face the biggest slowdowns since the beginning of this decade…at least from a new license perspective.

The week before, Consona had their annual user meeting, also in Las Vegas. While attendance was down, the existing user base in both the CRM and ERP divisions seemed to be energized.

If the two events reflect any larger trend, those enterprise software companies that have a business model that is built on new license sales are in for some very choppy waters…

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A good analysis on India’s innovation gap

Mark Fidelman recently published an article at Seeking Alpha that does a pretty thorough job in analyzing one of India’s biggest challenges, the innovation gap.

India produces some of the brightest minds in technology, science and medicine yet has not demonstrated any truly large scale and breakthrough innovations in those fields. The giant India corporations of Reliance, Tata (TTM), Wipro (WIT), and Infosys (INFY) have huge revenues but produce very little innovative intellectual property [IIP]. Yet, India has critical “Country Development” issues that can only be addressed through the immediate and creative application of technology, which in turn requires massive technology innovations in a variety of fields.

It’s a lengthy piece, but worth reading.

UPDATE: In keeping with the general theme, Ramesh Menon recently published another worthwhile article – this one on the talent crunch in India. You can read that here.  Linked via Atanu Dey’s post which also brings up a lot of valid points.