Web 2.0 Software Update Nov 2007

The document provides an agenda and overview for a software trends update meeting. It discusses trends related to Web 2.0, cloud computing, virtualization, software as a service (SaaS), open source software (OSS), and service-oriented architecture (SOA). It analyzes how major software suppliers like Microsoft, IBM, Oracle, SAP, and Google are positioned related to these trends. It concludes that infrastructure retooling and new cloud-based applications will continue to drive growth and some underappreciated companies like Microsoft, Citrix, and Akamai may be better positioned than perceived.