An Independent Software Vendor (ISV) refers to a software company that develops and markets its own software applications. These software applications are sold as standalone products that can be purchased separately from any other products. This is in contrast to original equipment manufacturers (OEMs) that provide software bundled with hardware.
ISVs are common in the Software as a Service (SaaS) industry, where companies offer their software applications as subscription-based cloud services. SaaS ISVs like Microsoft offer a wide range of cloud-based applications, such as productivity tools, email, and collaboration software.
Microsoft Corporation is a prime example of an ISV, which develops and markets a wide range of software products, including operating systems, productivity software, and games. These products can be purchased individually or in packages, making them a versatile option for businesses and individuals alike.
ISVs are an important part of the software industry, as they provide unique and innovative software applications that cater to a wide range of needs. They often have a deep understanding of their target audience, which allows them to develop software that is tailored to their specific needs. As the demand for software applications continues to grow, the role of ISVs will become even more important.