4.0
3 May 2025
Current employee, more than 5 years
Dhaka
Recommend
CEO approval
Business outlook
Pros
Software products can be duplicated and distributed at minimal cost.Most of the value is created digitally—there’s little to no inventory or physical infrastructure required.Once developed, software can generate recurring revenue (e.g., SaaS) with relatively low maintenance costs.
Cons
The software market is saturated with new and established players, making it difficult to stand out. Constant innovation is required to stay relevant. Technologies evolve quickly, and companies must continuously adapt or risk becoming obsolete. Frequent retraining and redevelopment are often necessary.