SOURCE: Wall Street Equity Research

Wall Street Equity Research

August 23, 2010 08:56 ET

Professional Research on and Nuance Communications - Brief Overview of the Application Software Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 23, 2010) - allows shareholders to gain full understanding of the economic and market forces influencing the application software industry, and offers free research on industry players (NYSE: CRM) and Nuance Communications Inc. (NASDAQ: NUAN). Register today at to receive free research reports on these companies.

With technology such as tablet displays and smart phones recently having great success, the application software industry is positioning itself to be included in the blossoming market place. Programs and applications for smart phones, such as Google's Android, have been developed and look to usher in a new era for software technology. Of late there have been exciting new and useful products in the medical technology niche, such as a voice operated medical search application for the iPhone. is a specialized website where investors can have complete access to free reports on application software industry; traders looking for analyst opinions on, Nuance Communications Inc. and other players in the industry are welcomed to sign up for a free one year membership at

Cloud computing is also proving to be a profitable arena with application software companies involved in cloud computing posting positive gains. These gains are reflective of more and more corporate moving away from owning costly physical hardware and servers to the cloud alternative where third party servers run the applications for the customers. Along with product development, application software companies are also looking to acquisitions to solidify their position in the market place. Visit us at to understand the catalysts and forces driving or affecting application software stocks.

Taking a look at the latest surprise in this space, posted its financial results last week with record revenue increase of 25% on a year to year basis. Profits, however, fell to $14.7 million on higher expenses. On the other hand, Nuance Communications Inc. released non-GAAP revenue of $293.4 million. Shareholders and investors can sign up today at or to download the full reports on and Nuance Communications Inc.

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