It’s not an overstatement to declare that software companies are experiencing some of the worst economic conditions of the last few decades. In fact, for some younger businesses, this is the first time they’ve encountered any major obstacles on their journey to growth.
Software companies are in an environment where the underpinnings of their business are fundamentally changing — most likely permanently — impacting every corner of their operations. This kind of evolutionary step requires a new way forward for software companies, one that balances the need to reduce costs without sacrificing strategic initiatives, technology innovation, and digital transformation.
In this whitepaper, we’ll explore the headwinds that software companies are facing and the key levers for navigating through them.