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In this most physically demanding of industries, software, as much as hardware, is changing the game.To give an idea of the difficulty of deepwater drilling, Mr Walker uses an analogy.
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3. Free versions of industry software.
"Robert, Holleymann recalls the official saying, "out of all American industries, software was really the star in terms of explicit commitments made".
Measuring its collection of apps against the standards of the Open Web Application Security Project or OWASP, Veracode found that only 16% of government web applications were secure, compared with 24% of finance industry software and 28% of commercial software.
In fact, there are dozens of industries -- software, beer, aerospace, you name it -- where profit margins are higher than the around 3 percent average in health insurance.
Rapid advances in technology and the rise of industries like software, biotechnology and nanotechnology have resulted in a steep increase in patent applications in recent years.
Founded in San Francisco in 2000 by David Dominik, a former partner at Bain Capital, and others, Golden Gate looks for deals in a broad range of industries, including software, semiconductors, restaurants, retail and financial services.
Jakarta, of course, is home to more corporate entities and regional and global links, which is largely a product of its market size, being the base of operation for a diverse range of industries requiring software.
A former Chevron data architect battling the inefficiencies of energy industry software, he founded Seven Lakes Technologies in 2009.
The Evening Standard in London reported that Oracle, which has said it is in the market for semiconductor companies and makers of industry-specific software, might pay $40 a share for EMC.
Remember, piracy impacts a host of industries including computer software and designer apparel, which suffer but don't collapse.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com