- Published on February 14, 2023
- In AI Features
Fighting the Software Piracy Demon with Neha Singh, Fractal
“What the industry in general anticipates is that because of this movement to the cloud or this shift to Software-as-a-Service (SaaS) model, software piracy in its traditional form might cease to exist,” says Neha Singh.
Image by Fighting the Software Piracy Demon with Neha Singh, Fractal
- By Poulomi Chatterjee
Since the 1990s, software piracy has steadily increased globally. Losses from software piracy are multifold—
There is a significant loss in revenue for software publishers due to piracy,
Also, there is an increased risk of malware and cybersecurity attacks due to pirated software, which is significant to any individual or organisation.
There is damage to reputation risk and brand value if found indulging in piracy.
Software piracy also impacts the economy as it slows down the pace of innovation by reducing the amount of money available for developing new products – which now needs to be put towards tackling piracy instead.
With time, the software industries have ramped up initiatives to rein in piracy as the number of ways to obtain pirated versions h
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Poulomi Chatterjee
Poulomi is a Technology Journalist with Analytics India Magazine. Her fascination with tech and eagerness to dive into new areas led her to the dynamic world of AI and data analytics.
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