Long-term contracts 'ought to be avoided by software investors'

The benefits of investing in a short-term or month-by-month contract with a software company have been highlighted in a recent report by Gartner.

According to the global IT research firm, prices are beginning to fall in the market for products such as resource scheduling software, which may provide good news to customers but still poses a threat to a number of other providers who find themselves unable to compete.

The report continued: "For the remainder of 2009, vendors will pull out of some geographies and enter new ones and further high growth should come from Asia/Pacific markets as more offshoring is expected for cost containment measures."

However, the bulk of business will continue to be made in the more mature economies of Europe, Gartner continued, with the likes of the UK and Germany joining North American buyers and Middle Eastern organisations.

Gartner claims that its culture is based around diligence and cooperation through the use of "exceptional thinkers" adapting to the latest knowledge on a day-to-day basis.

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