A computer system without software is just a heavy paperweight. Software programs inform computers what to do. In the business of software, one of the important goals is understanding mind share and ensuring software products of company are used extensively and popular. A theory of path dependence has been suggested by economists.
According to it, when a customer installed a software product of a company then he tend to purchase upgraded versions as well as compatible products from the same company.
Such behavior of customer drives software companies to be the first and most well-known and not necessarily among the best. Most of the other product oriented stop with finished products. However, software company doesn't stop by just developing a program. Software companies continue many activities with those products including customer support, updates, bug fixes and new versions. It elongates the duration of a company's responsibility towards its products.
According to Bureau of Labor Statistics, the software industry is rapidly growing industry. Also this industry generates various software careers opportunities. It is expected that during 2004 and 2014, this industry will expand and increased gain by 60 percent by 2014. Even though factors like economic slump or outsourcing of work may hampered the growth of software industry.
Nevertheless, the demand for coding will be the strong because of the software updates, upgrades and features, and the proliferation of ever more complex computers in everything from pockets to cars.
However many employees in the U.S. are feared that their jobs are moving overseas. An Indian software programmer works at the less cost of programmer working in Silicon Valley. Even though hi tech industry layoffs have sluggish from the massive cuts seen in last few years, this industry still have some potential.
Americans are seeking positions in areas like sales and consulting. IBM adopts a strategy in which they use consultant from and Indian programmers to develop software. The Tata consulting group also employed around 1000 employee in order to interact with clients effectively. Also it is important for employee to stay flexible and enhance their skills in order to stay ahead of the outsourcing wave.