Quang Trung Software City in Ho Chi Minh City, the country’s top information and technology hub, reported revenues of VND3.3 trillion ($142 million) in the first half this year for the 155 businesses operating inside. This figure, which was up 25.5 percent year-on-year, included $93.4 million worth of software exports, up 36.5 percent. Revenues of Quang Trung Software City last year were worth over VND8 trillion ($344 million), a 25 percent rise over 2016. These growth rates are common for top software companies, including giant FPT Software, which has been reporting them since 2010. Last year FPT’s exports were worth VND6.2 trillion ($266 million). It plans to increase that number to VND7.7 trillion ($331 million) this year, and to $1 billion by 2020. The high growth rates obviously mean increasing job creation by the sector. Data from VietnamWorks, a leading recruitment company, shows there were 15,000 new jobs in the information technology sector last year, … [Read more...] about Vietnam software industry sees robust growth
VietNamNet Bridge - Vietnam’s software firms are developing steadily with stable revenue growth rate of 50 percent per annum. Vietnam's software industry is developing rapidly One of the most important goals set in the Party Politburo’s Directive No 58 released in 2000 was developing IT, especially software, into an important key industry Vietnam’s software firms only began learning ‘how to walk’ two decades ago, when China and India had already become the world’s software export centers. However, they just needed a short time to be added to the list of leading software exporters. In 2000, FPT took the first steps to export software. But in 2014-2017, the largest Vietnamese IT group was recognized by IAOP (International Association of Outsourcing Professionals) as one of top 100 outsourcing service providers – The Global Outsourcing 100. Gartner, when assessing the IT outsourcing services provided by the countries in Asia Pacific, … [Read more...] about What’s status of Vietnam’s software industry after two decades of development?
DALLAS--(BUSINESS WIRE)--May 16, 2018--Flywheel Building Intelligence, Inc., a building-management software company, today named Mike Levine as Chief Executive Officer, adding exceptional leadership and experience in Computerized Maintenance Management Software (CMMS) and Enterprise Asset Management (EAM) to help the smart-building company continue its focus on innovation and improving asset management.Levine brings nearly three decades of experience in helping companies build their business with a focus on data-driven customer-focused solutions. Prior to Flywheel, he served as President of bibliotheca, CEO of AssetPoint and CEO of Redhawk Communications.“Flywheel’s industry leading mobile Software as a Service (SaaS) release brings new preventive maintenance functionality and increased ease of use navigation within facilities management to a new level. Our flexible building management solution leverages an imbedded business analytics program which is seamlessly integrated … [Read more...] about Flywheel Names Software Industry Leader Mike Levine as CEO
SANTA MONICA, Calif.--(BUSINESS WIRE)--May 8, 2018--Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based learning and human capital management software, today announced it has nominated Elisa Steele, Richard Haddrill and Marcus Ryu for election to its board of directors following an extensive search conducted by its independent nominating and corporate governance committee. These candidates will be placed on the ballot for election at Cornerstone’s annual meeting on June 14, 2018. Once elected to the board, Steele will serve as chair of the board.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180508006654/en/Elisa Steele has been nominated to serve as the chair of Cornerstone's board of directors. (Photo: Business Wire)Elisa Steele is a proven enterprise software executive and a respected sales and marketing leader. She most recently served as CEO of Jive Software, a communication and collaboration … [Read more...] about Cornerstone OnDemand Nominates Three Accomplished Software Industry CEOs to Board of Directors and Names New Chair
Industrial companies are often perceived as lumbering giants that have difficulty responding to competitive pressures and capitalizing on market trends. Design cycles can last years—not just for developing new products but also for upgrades to the existing portfolio. Why are many industrial manufacturers so sluggish? In my experience, these companies have traditionally relied on a top-down, linear process that moves projects through design gates, also called stage gates. For senior management, it’s a comfortable way of doing things, making it easy to track progress and maintain control. However, this approach has significant downsides. It is often slow and bureaucratic, and its mechanical nature can stifle creativity. And at its best, innovation is an organic process; too much planning and control may lead to sub-optimal solutions. Fortunately, there’s a better way. When industrial companies need to make changes in product cost or design more rapidly than … [Read more...] about Warfare, Software, and Industrial Design