Has the cost of software increased or decreased? Explain the reasons for this. Describe the software...

Has the cost of software increased or decreased? Explain the reasons for this. Describe the software that you consider essential for your daily life.

Expert Solution

The cost of software applications has decreased. It is because of the following reasons:

. Outsourcing operations for the company have increased to get software applications established and installed.

. Technology has enhanced and advanced making the software less expensive than earlier.

. The companies have actually focused on necessary features and got 'great to have' includes removed.

The vital software application for everyday life is ERP. ERP is described as Enterprises Resources Planning software. It is a system that improves the general production and performance of a production company. When a company grows, it ends up being difficult for the organization to handle suppliers and collaborations. ERP system helps in managing the very same by improving the ease of access to important documents such as contracts, approval information, and orders of rates to ensure smooth inventory management and production preparation.

Rahul Sunny answered 1 year ago

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