History of Software in Timeline

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Software

Software comprises computer programs that provide instructions for a computer to perform specific tasks. It extends beyond the executable code to encompass associated documentation such as design documents and specifications, which are crucial for understanding, maintaining, and developing the software.

2 hours ago : HSBC: Enterprise Software Strong, AI Enhances Capabilities, Valuations Historically Low.

HSBC defends enterprise software, citing historic low valuations. The bank believes AI will enhance, not threaten, enterprise software capabilities, with software already 'eating' AI.

1958: Introduction of high-level programming languages

In 1958, high-level programming languages were introduced, allowing for more human-readable instructions. This made software development easier and more portable across different computer architectures.

1998: State Street Bank & Trust Co. v. Signature Financial Group, Inc.

In 1998, the State Street Bank & Trust Co. v. Signature Financial Group, Inc. case led the Supreme Court to decide that business processes could be patented. Before this case, software patents were generally not recognized in the United States.

2023: SaaS becomes primary method for application delivery

By 2023, Software as a Service (SaaS) products had become the primary method that companies deliver applications, typically via a web application.