FD Insights Issue 5 | Page 21

white-space opportunity in delivering apps and infrastructure to specific industries and verticals,” wrote Wells Fargo Securities analyst Jason Maynard in a recent report naming ‘industry clouds’ as one of the top 10 software trends of the year. In recent years these smaller companies have taken off as the technology has become easier to use and cheaper, broadband Internet service has become pervasive, and customers are more open to using cloud software. Their business models are also attractive to investors, requiring customers to pay a low but recurring monthly fee. Cloud software development too has become a hot-ticket item for recent computer science graduates, who see the growth and market shift towards Cloud technologies and look to develop their software and programming skills in this area accordingly. on whether it’s going to be quite as game-changing as its fans suggest, that’s not stopping software development engineers from attempting to create software which harnesses the power of big data and analytics in order to turn vast volumes of raw data into so