Software AG has called on industry and political leaders to recognize the importance of the software industry in helping to counter the economic downturn and drive economic recovery.
The software market is forecast to resume growth in 2010 and the company believes a larger software sector would provide a buffer to economic contraction and spur an earlier return to growth. Software will also play a major role in helping both the public and private sectors adapt to economic changes quickly and economically.
“We believe the software industry provides a cost effective way of implementing competing requirements such as increasing efficiency, initiating cost reductions and ensuring new regulatory compliance,” said Dean Mericka, president of U.S. Operations for Software AG. “The innovation our industry brings will be a fundamental driver of national and global economic growth.”
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