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August 2018
Software Product Development
Sectorwatch
The obsolete nature of technology makes the software product development space an exciting area. 2018 has so far seen new forms of development trends come into play which are giving developers numerous opportunities to innovate new solutions. The rate at which technology changes contains both challenges and opportunities for both software developers and users.
Industry Trends:
- Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
- Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation
