Vertical software, The official name of industry software should be vertical market software, which is software developed for a niche industry or for the needs of a unique customer group.
A few days ago, I had a post on Snowflake “What company is Snowflake owned by Buffett? Where is its value?”.
There are indeed monopoly in this world, Buffett said that a moat is the competitiveness of a business economy. Most companies have many competitors because a profitable industry attracts competitors to join in for a piece of the pie.
How does Autodesk make money? Why is the stock price so amazing? I used Autodesk (ADSK) and Adobe (ADBE) as examples when explaining corporate moats in subsections 2-3 of the book “The Rules of Super Growth Stocks Investing”. About Adobe, you can refer to my two blog articles:
What is the metaverse? any related companies?