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It has $700,000 in Angel funding to provide live tracking of football (soccer) games using a combination of manual input and home grown software.
Many ISVs still use home grown software protection solutions, and the return on investment in this area is less than we hoped for.
Home grown software companies like Infosys, which employs more than 9,000, and Wipro, with 7,000, attract software development contracts by charging lower rates almost a third as much per hour than do contractors in the U.S.
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India itself has a growing software industry with rapidly rising sales to American companies.
Kestrel Technologies, a rapidly growing software company based in Manhattan with 60 employees in seven states, hired Empire to take over from six health plans.
A leading rival to succeed Mr. Palmisano, analysts say, was Steven A. Mills, the senior vice president who led I.B.M.'s highly profitable and growing software division.
Google, which earns the vast majority of its profits from selling ads it places next to search results and on sites across the Web, has increasingly emphasized its small but rapidly growing software business.
He never returned to the company's day-to-day operations, but his stock in the rapidly growing software firm made him the 17th richest man in the United States, according to Forbes magazine's annual list.
Helping companies get the most out of their hardware has made VMware one of the fastest growing software firms in decades.And it's not just servers in the back office that can benefit from virtualisation.
Founded ten years ago by a bunch of computer scientists and run by Diane Greene, it has become one of the fastest growing software firms, a fact that explains its blockbuster flotation last August (EMC still holds a majority stake).
Some bits of the economy, such as a growing software industry, are world-class, although admittedly they are still small.The practical effect of the new status is limited, however.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com