{"id":29007,"date":"2019-06-21T08:00:52","date_gmt":"2019-06-21T13:00:52","guid":{"rendered":"http:\/\/www.charanis.com\/blog\/?p=29007"},"modified":"2019-06-21T08:00:57","modified_gmt":"2019-06-21T13:00:57","slug":"software-30-years-1-trillion","status":"publish","type":"post","link":"https:\/\/www.charanis.com\/blog\/2019\/06\/21\/software-30-years-1-trillion\/","title":{"rendered":"Software 30 years $1 Trillion"},"content":{"rendered":"\n<p>Reflecting on the recent FIS and Fiserv acquisitions and the enormity of these companies now! Then I reflected on Microsoft and the fact that both will still have less than 10% of its market cap after the acquisitions.&nbsp;<\/p>\n\n\n\n<p>30 years ago, most people didn\u2019t know what software was &#8211; IBM a hardware company was the closest thing but still not mainstream.&nbsp;<\/p>\n\n\n\n<p>I can\u2019t believe I stumbled into this business back then selling online cash managment software (commercial online banking). Sure &#8211; I didn\u2019t exactly stumble into software, Microsoft IPO was only a few years before and I tried to be a programmer and decided I was better at selling it. Heck, I started college with a typewriter and finished in a computer lab writing my term papers with Wordstar. I stumbled into banking software. Glad it did. I learned new things, found mentors, grew up.&nbsp;<\/p>\n\n\n\n<p>Who\u2019s stumbling in the right field now? I\u2019m talking one for the next thirty years. Is it possible? Will FIS and Fiserv be worth $1 Trillion? Blockchain trade finance or AI driven personal finance? That\u2019s already here. Maybe Quantum computing consortiums in space? Augmented reality chip software in our brains?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reflecting on the recent FIS and Fiserv acquisitions and the enormity of these companies now! Then I reflected on Microsoft and the fact that both will still have less than 10% of its market cap after the acquisitions.&nbsp; 30 years&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-29007","post","type-post","status-publish","format-standard","hentry","category-thoughts"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3mX8K-7xR","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":22990,"url":"https:\/\/www.charanis.com\/blog\/2014\/10\/25\/about-me-new-online-biography\/","url_meta":{"origin":29007,"position":0},"title":"About.me &#8211; new online biography","author":"Jimmyc","date":"October 25, 2014","format":false,"excerpt":"So I've seen About.me in a few situations, usually among the people in my professional graph that are creative and technical. \u00a0I finally put one together and it was an interesting exercise. I tried to take a different approach - more work-life integration, who I am as a person in\u2026","rel":"","context":"In &quot;family&quot;","block_context":{"text":"family","link":"https:\/\/www.charanis.com\/blog\/category\/family\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2013\/08\/jim-mtn1.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2013\/08\/jim-mtn1.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2013\/08\/jim-mtn1.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2013\/08\/jim-mtn1.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2013\/08\/jim-mtn1.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":29032,"url":"https:\/\/www.charanis.com\/blog\/2019\/07\/08\/why-and-how-we-went-from-saas-to-cloud-services-to-apis-its-just-business\/","url_meta":{"origin":29007,"position":1},"title":"Why and How we went from SaaS to Cloud, Services to APIs &#8211; It&#8217;s just Business!","author":"Jimmyc","date":"July 8, 2019","format":false,"excerpt":"Just how does Amazon or Google scale to such a huge number of transactions or inquiries? How are these companies able to afford to serve so many customers every day, with new services, nonstop again and again? The economics behind the lift and shift from operating environments as physical servers\u2026","rel":"","context":"In &quot;Banking Tech&quot;","block_context":{"text":"Banking Tech","link":"https:\/\/www.charanis.com\/blog\/category\/banking-tech\/"},"img":{"alt_text":"reach up and get your APIs like legos","src":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2019\/07\/jim-cloudsAPI-1.jpg?fit=1200%2C857&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2019\/07\/jim-cloudsAPI-1.jpg?fit=1200%2C857&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2019\/07\/jim-cloudsAPI-1.jpg?fit=1200%2C857&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2019\/07\/jim-cloudsAPI-1.jpg?fit=1200%2C857&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2019\/07\/jim-cloudsAPI-1.jpg?fit=1200%2C857&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":29220,"url":"https:\/\/www.charanis.com\/blog\/2020\/01\/24\/is-it-time-for-iso-20022-atm-driving-is-it-time-to-abandon-atm-driving-all-together\/","url_meta":{"origin":29007,"position":2},"title":"Is it time for ISO 20022 ATM Driving? Is it time to abandon ATM Driving all together?","author":"Jimmyc","date":"January 24, 2020","format":false,"excerpt":"Could an ISO 20022 web-services based ATM Terminal Handler\/Driver reduce costs and accelerate innovation by consolidating applications, connections and platforms. Would bankers, ATM vendors and bank application providers get on board with such a strategy? Do we still need ATM drivers in an IOT world? One idea to help banks\u2026","rel":"","context":"In &quot;Banking Tech&quot;","block_context":{"text":"Banking Tech","link":"https:\/\/www.charanis.com\/blog\/category\/banking-tech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2020\/01\/ISO20022.png?fit=433%2C311&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":29017,"url":"https:\/\/www.charanis.com\/blog\/2019\/06\/23\/esb-enterprise-service-bus-or-an-evolving-services-buzzwords\/","url_meta":{"origin":29007,"position":3},"title":"ESB: Enterprise Service Bus or Evolving Services Buzzwords","author":"Jimmyc","date":"June 23, 2019","format":false,"excerpt":"I've been spending a lot of time thinking about microservices and ESBs (the Enterprise Services Bus) and what it means for my banking friends and customers. There is a lot of confusion out there - what is an ESB and who is using them in banking... here are some thoughts\u2026","rel":"","context":"In &quot;Banking Tech&quot;","block_context":{"text":"Banking Tech","link":"https:\/\/www.charanis.com\/blog\/category\/banking-tech\/"},"img":{"alt_text":"The Red Devil Bus in Panama, often targeted for retirement, but hanging on like legacy banking technology","src":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2019\/06\/panamabus-1-2-1.jpg?fit=500%2C334&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":126,"url":"https:\/\/www.charanis.com\/blog\/2013\/09\/29\/develop-deploy-and-interact-with-your-customers-in-the-way-of-the-future\/","url_meta":{"origin":29007,"position":4},"title":"Develop, deploy and interact with your customers in the way of the future","author":"Jimmyc","date":"September 29, 2013","format":false,"excerpt":"I've been exploring the world of mobile technology a lot more lately. Both the development of mobile apps or online applications and the deployment and security around these interactions. \u00a0After considering how my friends in the financial services industry have been deploying cash management, online banking and mobile banking solutions\u2026","rel":"","context":"In &quot;Banking Tech&quot;","block_context":{"text":"Banking Tech","link":"https:\/\/www.charanis.com\/blog\/category\/banking-tech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2013\/09\/20130929-165302.jpg?fit=300%2C225&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":31021,"url":"https:\/\/www.charanis.com\/blog\/2022\/11\/09\/data-exchange-to-shared-sessions-where-treasury-management-and-digital-banking-wants-to-be-now\/","url_meta":{"origin":29007,"position":5},"title":"Data Exchange to Shared Sessions &#8211; Where Treasury Management (and Digital Banking) Wants to Be Now","author":"Jimmyc","date":"November 9, 2022","format":false,"excerpt":"Problem\/Solution Bank's exchanging data with their commercial customers to manage their finances and execute payment transactions: Realtime connections between the companies and their financial institutions so that the information exchange is realtime, integrated, robust and efficient. And dare I say, it just happens: embedded banking. I have the benefit of\u2026","rel":"","context":"In &quot;Banking Tech&quot;","block_context":{"text":"Banking Tech","link":"https:\/\/www.charanis.com\/blog\/category\/banking-tech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2022\/11\/data-exchange.jpg?fit=1200%2C434&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2022\/11\/data-exchange.jpg?fit=1200%2C434&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2022\/11\/data-exchange.jpg?fit=1200%2C434&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2022\/11\/data-exchange.jpg?fit=1200%2C434&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.charanis.com\/blog\/wp-content\/uploads\/2022\/11\/data-exchange.jpg?fit=1200%2C434&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/posts\/29007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/comments?post=29007"}],"version-history":[{"count":1,"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/posts\/29007\/revisions"}],"predecessor-version":[{"id":29008,"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/posts\/29007\/revisions\/29008"}],"wp:attachment":[{"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/media?parent=29007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/categories?post=29007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.charanis.com\/blog\/wp-json\/wp\/v2\/tags?post=29007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}