For years, we've heard the rallying cry that "software is eating the world." The idea that every industry and sector will be disrupted and reshaped by software has become conventional wisdom in Silicon Valley. And the numbers seem to back it up - software and cloud services have appeared insatiable, devouring larger and larger portions of corporate spending. However, my take is that the idea isn’t as solid as it seems due to how much easier it is to build and replicate software. As software becomes easier to create, the age-old ‘build vs buy’ debate gains newfound relevance. Companies will retract from procuring external software that they could just build themselves. What it means for startups is that they may have
Software Can't Keep Eating the World 🌎
Software Can't Keep Eating the World 🌎
Software Can't Keep Eating the World 🌎
For years, we've heard the rallying cry that "software is eating the world." The idea that every industry and sector will be disrupted and reshaped by software has become conventional wisdom in Silicon Valley. And the numbers seem to back it up - software and cloud services have appeared insatiable, devouring larger and larger portions of corporate spending. However, my take is that the idea isn’t as solid as it seems due to how much easier it is to build and replicate software. As software becomes easier to create, the age-old ‘build vs buy’ debate gains newfound relevance. Companies will retract from procuring external software that they could just build themselves. What it means for startups is that they may have