The document discusses emerging trends in software and services including:
1) Software as a Service and cloud computing which allows software to be delivered and consumed "as a service" with service level agreements.
2) The growth of massive data centers which are becoming large physical assets requiring significant capital expenditures.
3) The rise of "Dev-signers" or designer-developers who are combining development and design skills.
4) The integration of software and services will be key as local software interacts with internet services to provide combined capabilities.