As technology and security demands grow, how are CTOs managing budgets and are resources forthcoming from the boardroom?
No one wants to be tied up in five year deals anymore. The smaller hedge funds want the consumerisation of IT – like an app, you buy it, pay the monthly subscription fee and move on. The subscription model is definitely becoming more popular, and will ultimately benefit the software companies long-term, but it’s a painful transition.
– Bart McDonough, Agio