The software industry includes businesses for development, maintenance and publication of software that are using different business models, mainly either "license/maintenance based" (on-premises) or "Cloud based". The industry also includes software services, such as training, documentation, consulting and data recovery. The software and computer services industry spends more than 11% of its net sales for Research & Development which is in comparison with other industries the second highest share after pharmaceuticals & biotechnology.
IBM announces that effective January 1970 it will price its software and services separately from hardware thus creating the modern software industry.
On June 23, in the year 1969, IBM announces that effective January 1970 it will price its software and services separately from hardware thus creating the modern software industry. This event is recorded as a Historical Events event in the history of June 23, a notable event in this corner of history.
Key Facts
- This event took place on June 23, 1969 (AD era).
- It is categorised as a Historical Events event in recorded history.
- Referenced in 1 Wikipedia article.
- Wikipedia source last updated on 29 April 2026.
On This Date in History
This article draws on content from Wikipedia, available under CC BY-SA 4.0.
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