, creating a stochastic model using Monte Carlo Simulation demands a software package. The third article provides an overview and … illustration of how computer based Monte Carlo simulation can enrich the valuation process. Therefore, the four major software … abilities to create distributions, resource available for learning the software, and analytical capabilities. …

without explicit instruction. Blindly taking directives without thinking is typically not intelligent, so rather a software …

The number of software vendors offering ‘Software-as-a-Service’ has been increasing in recent years. In the Software …-as-a-Service model software is operated by the software vendor and delivered to the customer as a service. Existing business models and … industry structures are challenged by the changes to the deployment and pricing model compared to traditional software. However …

Based on collaboration rather than competition, Open Source Software provides a new dynamic in the development and use … of software systems. As such it has the potential to make a significant legal, social and economic impact on the industry …. While its origins trace back to the start of the software industry, the recent success of the Linux operation system, Apache …

interoperability between chemistry software, encouraging cooperation between Open Source developers, and developing community resources …

Today, it is almost inevitable that software is licensed, rather than sold outright. As a part of the licensing policy … of such mechanisms has primarily been in the realm of off-the-shelf, packaged, consumer software. However, as component …-based software gradually becomes mainstream in software development, new component-oriented licensing systems are required. This …