During a discussion at work, a friend and I got thinking about how solutions created for one industry can be leveraged in other industry verticals. I would like to share some thoughts around the same in this blog.
The typical evolution of COTS applications is as follows:
Most mature COTS packages are past the first two stages of evolution and are looking at maximizing their investment by expanding the applicability of their solutions across industry verticals.
Let us look at how Billing Solutions that were created for the Telecom industry are relevant in other industries.