5/19/2017 1:32:00 PM
Software's breakout moment is here says Battery's Neeraj Agrawal
Enterprise Cloud Software,Enterprise Software Solutions,Industrial Software Tools,Enterprise Tech
https://appdevelopermagazine.com/images/news_images/Softwares-Breakout-Moment-is-Here-App-Developer-Magazine_30s60u3b.jpg
App Developer Magazine

Software's breakout moment is here says Battery's Neeraj Agrawal



Christian Hargrave Christian Hargrave in Enterprise Friday, May 19, 2017
10,628

Enterprise cloud software may be on the verge of becoming something massive.

Software - particularly cloud-based technology, is now creating roughly $1.4 trillion in economic value in the U.S. and is poised to grow even more, particularly as non-tech companies transform themselves into software businesses, according to a new report released today by global investment firm Battery Ventures. The figure represents nearly eight percent of U.S. GDP.

The report was delivered by Battery General Partner Neeraj Agrawal at the inaugural CloudNY conference in New York. Based on earlier research by the BSA | The Software Alliance as well as new research by Battery, the report traces the history of today’s software renaissance from the mainframe era in the 1970s through the client-server era, then into desktop “software-as-a-service” (SaaS) applications and, finally, to today’s cloud-first offerings delivered over the Web.

“People don’t realize how big this industry actually is - partly because so much software is baked into everyday products we use at the office and at home,” said Agrawal, a longtime cloud-software investor. “But software’s time has come. The cost of starting a software company is lower than ever. And as spending on traditional software categories, like ERP and CRM, continues to grow - and as software seeps into newly smart products like cars, medical devices, and next-generation industrial tools - we are looking at a category that is a major component of our nation’s economy and a driver of jobs.”

Agrawal predicts that by 2020, software will represent 10 percent of GDP and could drive $2 trillion in value.

The new Battery report, called “Software 2017” and co-authored with Battery Vice President Logan Bartlett, said the U.S. software industry supports nearly 10 million jobs, according to figures from a 2016 BSA | The Software Alliance report. A little less than a third of these jobs represent people directly employed by software firms. The rest - about seven million - are jobs indirectly tied to the industry, in fields such as construction, real estate or food service, which are created when software companies are started or grow.

The CloudNY conference where the findings will be shared is a new, high-level, CEO- and founder-only gathering of cloud-software leaders organized by Battery and early-stage venture-capital firm FirstMark Capital. The event, which is expected to draw roughly 180 cloud leaders whose companies together employ about 50,000 people, is primarily a forum for company founders to learn from each other. Speakers include Jyoti Bansal, founder of AppDynamics; Scott Dorsey, founder of ExactTarget; Tobi Lutke, CEO and co-founder of Shopify; Zach Nelson, CEO of NetSuite; Ragy Thomas, founder of Sprinklr; and many others.

The event also highlights the growing importance of New York City as a software-startup hub. Enterprise-tech focused startups in New York raised $3.5 billion in funding in 2016, nearly double the $1.8 billion raised in 2015, according to the Work-Bench Enterprise Startups Funding Database, a research tool maintained by New York investment fund Work-Bench.

Read more: https://www.slideshare.net/Battery_Ventures/softwa...

475 Tax Deductions for Businesses and Self-Employed Individuals

Are you paying more taxes than you have to as a developer or freelancer? The IRS is certainly not going to tell you about a deduction you failed to take, and your accountant is not likely to take the time to ask you about every deduction you’re entitled to. As former IRS Commissioner Mark Everson admitted, “If you don’t claim it, you don’t get it.

A hands-on guide to mastering mobile forensics for iOS and Android

Get hands-on experience in performing simple to complex mobile forensics techniques Retrieve and analyze data stored not only on mobile devices but also through the cloud and other connected mediums A practical guide to leveraging the power of mobile forensics on popular mobile platforms with lots of tips, tricks, and caveats.

Gps tracker for kids

The Chirp GPS app is a top-ranked location sharing app available for Apple and Android that is super easy to use, and most of all, it's reliable.

The Latest Nerd Ranch Guide (3rd Edition) to Android Programming

Write and run code every step of the way, using Android Studio to create apps that integrate with other apps, download and display pictures from the web, play sounds, and more. Each chapter and app has been designed and tested to provide the knowledge and experience you need to get started in Android development.