What Does Enterprise Software Mean?
Enterprise is also known as ENTREPRISE. Enterprise is a term for either a corporation or a for-profit company, however, it’s most frequently associated with entrepreneurial endeavors. Those with entrepreneurial success are often called venture capitalists. There are several other forms of commercial enterprises, with the leading ones in the U.S. including: sole proprietorship, partnership, limited liability company (LLC), partnership, and corporation.
The most important factor in deciding whether an enterprise is successful or not is the entrepreneur’s ability to identify and capture a unique niche market. Simply put, if there are no buyers then no revenue will be generated, and therefore, no profit for the enterprise. A key objective of entrepreneurship is becoming a niche leader; i.e., an entrepreneur must be in constant pursuit of creating new markets or generating new revenue sources in order to be successful. Entrepreneurs are generally entrepreneurial in nature, driven primarily by the need to generate new sources of wealth. This need is often greater than the need to solve problems and meet customers.
Another way to differentiate between a small business enterprise and a larger corporation is by defining what enterprise software really is. Enterprise software, in its most general form, includes all or some of the following elements: billing, customer support, accounting, development, information technology, web site design, networking, web based email, and web hosting. Entities involved in any particular enterprise software project include: programmers, database developers, business analysts, quality assurance, and marketing professionals. The actual programming language used to create enterprise software may be one of several dozen different proprietary languages or it may be a generic programming language that has the capability to be embedded into a number of different languages. The result is that the vast majority of small businesses, medium size enterprises, and large corporations employ some version of an enterprise software package.