Software Industry Survey

Last updated
Logo Software Industry Survey logo 2012.png
Logo

The Software Industry Survey is an annual, for-the-public scientific survey about the size, composition, current state and future of the software industry and companies in Europe with origin in Finland. [1] [2] [3] [4]

Contents

Apart from these reports, the survey's data is used as input for various scientific studies based on the collected data. [5] Results are also used by media companies like newspapers as source for news articles. [6]

History

The survey organization was led (in 2010 and 2011 [7] ) by the Software Business Lab research group of the BIT research centre at Aalto University, School of Science and Technology (former Helsinki University of Technology) with the help of several industry partners. [3] [8] Researchers from the Helsinki University of Technology and Centres of Expertise first organized this survey in 1997 to provide an overview of the Finnish software industry with financing mainly from the National Technology Agency (Tekes) and the Finnish Ministry of Trade and Industry. [1] The 2011 Finnish survey received responses from 506 participants which is a bit smaller than 2010 due to more strict selection criteria. [4] Surveys analysing the industry in other European countries than Finland are run by research partners. [9] In 2011 the survey was implemented in Austria and Germany. [2]

The published reports by the survey group cover economic impacts on the software industry such as the Great Recession or Nokia’s changes for Symbian in 2011, on roughly 100 pages. Starting with the 2009 report, all included images and tables can be re-used under the free Creative Commons Attribution license version 3.0. [10]

Past surveys and key results

Software Industry Survey 2022

The 2022 survey was carried out in cooperation between the University of Jyväskylä, Software Finland, University of Vaasa and Technology Industries of Finland.

As the pandemic was only beginning to subside, the economy was hit by Russia's invasion of Ukraine. Industries and companies that are able to grow even in difficult circumstances are therefore even more important for the economy and well-being of Finland as a whole. [11]

The survey highlights strong growth in Finland's software industry, particularly in the Software-as-a-Service (SaaS) sector. While other industries are struggling, the software industry is making rapid progress, with more than 40% of companies expecting significant growth. SaaS in particular stands out, with 56% of companies predicting significant growth, making it a key export driver for Finland as the world continues to digitalise. [12]

Software Industry Survey 2018

The 2018 survey was conducted through interviews, exploring the main directions of business development, challenges, trends in the IT sector, and their impact on business growth for 99 software companies. [13]

Software Industry Survey 2017

The software and IT services sector grew by 5.9% in 2016, with growth seen across all company sizes: small, medium, and large. The 2017 survey highlights that companies remain growth-oriented and increasingly eager to expand internationally. Many companies are also driving innovation by experimenting with new technologies and business models. [14]

The survey, now in its 20th year, analyzes the development of the Finnish software business and the outlook for software companies. This year, particular attention was paid to the industry's evolving skill requirements. The survey reveals that software companies are struggling to find talent that matches their needs, with a demand for thousands of skilled workers. The challenge is not just about the number of skilled professionals, but also about the rapidly changing skill requirements. The survey indicates that most software companies find it difficult to hire sufficient software professionals with the right expertise. Around half of the needed roles are related to programming and related tasks, but there is also demand for other types of expertise. [14]

Software Industry Survey 2015

The survey was conducted in two parts. The first part focused on the overall state of the industry. The second part, including a survey study with a short questionnaire, shall focus on details of software firms’ growth and internationalisation. [15]

Analysis of publicly listed software and IT services companies reveals a slight revenue decline of 2.2% compared to the previous year. The positive aspect is that this decline is smaller than in previous years, and many companies have still managed to increase their revenues. This decline is attributed to structural changes in the industry, as demand shifts from customer-specific projects to cloud services. Despite this, the outlook remains promising, as companies are adapting and developing new capabilities to meet these industry changes. [15]

Software Industry Survey 2014

The 2014 Survey found that most companies favor agile methodologies over traditional plan-based approaches, prioritizing customer collaboration, flexibility, and individual empowerment. The study also highlighted differences in agility between software product firms, which tend to be more flexible, and service firms, which are more structured. Smaller firms were found to be more agile, leveraging individual strengths and maintaining openness to customer collaboration, while larger firms standardize their processes. These differences are linked to business models, with startups benefiting from greater agility and a focus on customer-oriented strategies. [16]

Related Research Articles

Customer relationship management (CRM) is a process in which a business or another organization administers its interactions with customers, typically using data analysis to study large amounts of information.

<span class="mw-page-title-main">Nokia</span> Finnish multinational corporation

Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, originally established as a pulp mill in 1865. Nokia's main headquarters are in Espoo, Finland, in the Helsinki metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa. In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Nasdaq Helsinki and New York Stock Exchange. It was the world's 415th-largest company measured by 2016 revenues, according to the Fortune Global 500, having peaked at 85th place in 2009. It is a component of the Euro Stoxx 50 stock market index.

Qt Group Plc is a global software company headquartered in Espoo, Finland. It was formed following the acquisition of Qt by Digia, but was later spun off into a separate, publicly traded company.

Thoughtworks Holding, Inc. is a publicly-traded, global technology company with 49 offices in 18 countries. It provides software design and delivery, and tools and consulting services. The company is closely associated with the movement for agile software development, and has contributed to open source products. Thoughtworks' business includes Digital Product Development Services, Digital Experience and Distributed Agile software development.

Software as a service is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. Unlike other software delivery models, it separates "the possession and ownership of software from its use". SaaS use began around 2000, and by 2023 was the main form of software application deployment.

<span class="mw-page-title-main">Tietoevry</span> Finnish IT software and service company

Tietoevry Corporation is a Finnish IT software and service company providing IT and product engineering services. Tietoevry is domiciled in Espoo, Finland, and the company's shares are listed on the NASDAQ OMX Helsinki, NASDAQ OMX Stockholm and Oslo Stock Exchange. Tietoevry has approximately 24,000 employees across 20 countries, and has customers in the energy, forestry, banking, healthcare and public sectors.

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and application development.

In software engineering, offshore custom software development consists in offshoring the software development process in a country where production costs are lower, thus decreasing budget spending.

TechnologyOne Limited is an Australian enterprise software company founded in 1987. The company is headquartered in Fortitude Valley in Brisbane, Australia, with other offices in United Kingdom (UK), New Zealand, South Pacific and Asia. It is listed on the Australian Securities Exchange with the symbol TNE and is a constituent of the ASX 200 index.

<span class="mw-page-title-main">Here Technologies</span> Netherlands-based mapping data company

Here Technologies is a Dutch multinational group specialized in mapping technologies, location data, and related automotive services to individuals and companies. It is majority-owned by a consortium of German automotive companies and American semiconductor company Intel whilst other companies also own minority stakes. Its roots date back to U.S.-based Navteq in 1985, which was acquired by Finland-based Nokia in 2007. Here is currently based in The Netherlands.

Acumatica, Inc. provides cloud and browser based enterprise resource planning software for small and medium-sized businesses. The company is headquartered in Bellevue, Washington, in the Seattle metropolitan area.

Exigen Services recently merged and renamed to Emergn. Insurance Software production under Exigen Insurance Solutions has separated and was renamed to EIS.

Veracode is an application security company based in Burlington, Massachusetts. Founded in 2006, it provides SaaS application security that integrates application analysis into development pipelines.

<span class="mw-page-title-main">Zoho Corporation</span> Indian multinational technology company

Zoho Corporation is an Indian multinational technology company that makes computer software and web-based business tools. It is best known for the online office suite offering Zoho Office Suite. The company was founded in 1996 by Sridhar Vembu and Tony Thomas and has a presence in seven locations with global headquarters in Chennai, Tamil Nadu, India, and corporate headquarters outside of Austin in Del Valle, Texas. Radha Vembu, Sridhar Vembu's sister, owns a majority stake in the company.

<span class="mw-page-title-main">Taleo</span> Software company

Taleo Corporation was a publicly traded database vendor based in Dublin, California, which was acquired by Oracle in 2012. Taleo's product offerings primarily focus on talent acquisition (recruitment), performance management, learning and development, and compensation management. These capabilities combine to provide what Taleo calls "Talent Intelligence" — an enhanced level of insight into candidates and employees. Taleo sells its Human resource management system products entirely via a software-as-a-service (SaaS) model, in which all software and information resides in data centers operated and secured by Taleo.

<span class="mw-page-title-main">Orange and Bronze Software Labs</span> Software developer

Orange and Bronze (O&B) is a privately owned computer software development company based in the Philippines. The company delivers software consulting, product engineering, and IT training services with a focus on Java software development. O&B specializes in developing and deploying web applications using Java-based frameworks and technologies such as Spring (framework), Grails (framework), Hibernate (Java), Google Maps API, Google App Engine, and Android.

Visma Solutions is a Finnish joint stock company, which offers SaaS business software for companies. The company produces professional services automation software, E-accounting software, budgeting and forecasting software, e-invoicing service software, and an online signature service. Visma Solutions is part of the Visma group.

<span class="mw-page-title-main">ServiceMax</span>

ServiceMax is a Service Execution Management company. It provides a cloud-based software platform designed to improve the productivity of complex, equipment-centric service execution for OEMs, operators, and 3rd-party service providers.

<span class="mw-page-title-main">Dell Software</span> Former software division of Dell, Inc.

Dell Software was a former division of Dell with headquarters in Round Rock, Texas, United States. Dell Software was created by merging various acquisitions by Dell Inc., the third-largest maker of PCs and now a privately held company, to build out its software offerings for data center and cloud management, information management, mobile workforce management, security and data protection for organizations of all sizes.

Questback is an online survey and feedback software company, headquartered in Oslo, Norway. The company offers online data collection and analysis solutions for Enterprise Feedback Management, including market research, customer satisfaction and loyalty, product and concept testing, employee evaluations, people analytics and online feedback. Questback serves enterprises in more than 50 countries, with thousands of customers across the globe, and works with over one-third of the companies on the Forbes top 100 list.

References

  1. 1 2 Juhana et al.: Results from the National Software Industry Survey 2002. p. 6.
  2. 1 2 softwareindustrysurvey.org: Welcome to Software Industry Survey
  3. 1 2 softwareindustrysurvey.org: General Information
  4. 1 2 softwareindustrysurvey.org: Report Finland 2011, p. ii.
  5. ↑ g. scholar search; e. g. The following article uses the data from the 2003 survey: Ojala, A. & Tyrväinen, P. (2007). Market Entry and Priority of Small and Medium-Sized Enterprises in the Software Industry: An Empirical Analysis of Cultural Distance, Geographical Distance, and Market Size. Journal of International Marketing, 15 (3), 123–149.
  6. ↑ E. g. Tietokone: Ohjelmistoala porskuttaa Suomessa Archived 2013-02-13 at archive.today , 17 June 2011; Kauppalehti: Ohjelmistoala selvisi taantumasta naarmuilla Archived 2011-11-28 at the Wayback Machine ; 2 November 2010. Taloussanomat: Ohjelmistoala selvisi taantumasta muuta it-alaa paremmin , 2 November 2010; MTV3: Taantuma haittasi suomalaisia ohjelmistoyrityksiä vain vähän , 2 November 2010; ZDNET: Windows Phone to be bigger than iOS, Android - in Nokia's Finnish homeland, that is , 24 September 2012.
  7. ↑ softwareindustrysurvey.org: Final report of the 2011
  8. ↑ softwareindustrysurvey.org: Media Coverage
  9. ↑ softwareindustrysurvey.org: Become a project partner
  10. ↑ See the footer pages 2 therein.
  11. ↑ "Kartoitus 2022". sites.app.jyu.fi (in Finnish). Retrieved 2024-11-27.
  12. ↑ ""Koodaripula voi hyydyttää miljardiloikatkin" – Monille tuntematon toimiala superkasvussa: lähes 60% yrityksistä lupaa merkittävää kasvua – jos vain osaajia riittää | Software Finland ry". www.sttinfo.fi (in Finnish). Retrieved 2024-11-27.
  13. ↑ "Kartoitus 2018". sites.app.jyu.fi (in Finnish). 2019-12-19. Retrieved 2024-11-27.
  14. 1 2 "Kartoitus 2017". sites.app.jyu.fi (in Finnish). 2017-12-20. Retrieved 2024-11-27.
  15. 1 2 "Survey 2015". sites.app.jyu.fi (in Finnish). 2015-10-02. Retrieved 2024-11-27.
  16. ↑ "Ohjelmistoyrityskartoitus". sites.app.jyu.fi (in Finnish). Retrieved 2024-11-27.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.