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by scrdhrt
1804 days ago
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My father (67, retired) has a couple of friends his age with long time, small businesses in the IT industry. One has been making some sort of map software for a very small niche in the marine industry, another has been making software for bee keepers or something similar. A third in image scanning software. They have been doing well since the late 80s, and still could be. They chose to go out of business and enjoy retired life instead. I suspect that, although there is a market for the products, noone is interested in taking on the software they worked on. |
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It may be extremely difficult to do that, for at least a few reasons.
In some cases, the tech is going to be very niche/old, and it will be difficult for people to get up to speed on it.
The business is likely built on a lot of personal contacts, and not all will want to switch to some 'newcomer'.
Many of these smaller business reliant on niche software will go out of business themselves, or be acquired by larger companies that will replace the niche software and process with something else.
The current customers may not actually want anything other than regular updates while paying minimal support/maintenance contracts. Someone established can live off that, but someone new will have to spend a lot of time learning, and the income may not be sufficient to justify all the learning.
I worked on a project in 2018 where some of the (small) company was still running on a combination of foxpro/db2, with a bunch of custom code by an indie/solo vendor who had 'retired' probably 5 years earlier. He'd 'sold' the company to another individual who ... kept it going, but couldn't easily deal with new needs (new reports, etc). Another vendor did an upgrade on the hosting server, and nothing worked after that. The upgrade was a base NT upgrade, and there wasn't any easy way to 'go back' quickly. Things ran off an RDP session to a laptop in Canada running some weird trial emulation tool under windows 7 (this was how it was translated to me from various parties).