Bright Near-Term Prospects for Business-Software Services

The Zacks Business-Software Services industry primarily comprises companies that deliver application-specific software products and services. The offerings include applications related to finance, human resource and supply chain, among others. Manufacturing, retail, banking, insurance, telecommunication, healthcare and public sectors are the primary end-markets for the industry participants.

Industry participants, like Cognizant Technology Solutions (CTSH), offer digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services, and business process. Some of the companies like MSCI Inc. (MSCI) provide investment-decision support tools, which are used in several areas of investment process.

Here are the industry’s four major themes: