Germany’s Asknet has teamed with Japan’s SoftBank in a new joint venture aimed at providing electronic software distribution services in the Asia market.The new venture, Asknet, will operate out of Tokyo and target Asia software producers eager to use electronic distribution as a new channel to the market, the companies said Wednesday.SoftBank currently serves more than 1,200 Japanese software producers. The company, with a 60 percent stake in the joint venture, will support sales, marketing, administration and payments. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Asknet, to own the remaining 40 percent, will contribute its electronic distribution technology, portals and other technical services. The company, based in Karlsruhe, Germany, offers software makers its softwarehouse.de portal, the largest download platform for standard software in Europe, with a catalog of about 7,000 software products from more than 400 vendors, according to its website. Asknet’s range of services includes the sale and delivery of packet versions, downloads, licenses and updates. Its logistics system, for instance, enables continuous mapping of all processes, including ordering, payment and delivery, according to its website. Customers are able to tack every order in near real-time on the company’s Web-based operations control module. Today, electronic distribution accounts for only 1 percent of all software sold, according to Asknet, which was spun out of the Karlsruhe University in 1995. But the company said it sees substantial growth potential, quoting market forecasts from IDC that the market volume for electronic software distribution, currently worth US$2.5 billion, will increase 35 percent annually over the next five years.-John Blau, IDG News Service (Dusseldorf Bureau)Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content brandpost Four Leadership Motions make leading transformative work easier The Four Leadership Motions can be extremely beneficial —they don’t just drive results among software developers, they help people make extraordinary progress wherever they lead. By Jason Fraser, Director, Product Management & Design, VMware Tanzu Labs, Public Sector Sep 21, 2023 5 mins IT Leadership feature The year’s top 10 enterprise AI trends — so far In 2022, the big AI story was the technology emerging from research labs and proofs-of-concept, to it being deployed throughout enterprises to get business value. This year started out about the same, with slightly better ML algorithms and improved d By Maria Korolov Sep 21, 2023 16 mins Machine Learning Artificial Intelligence opinion 6 deadly sins of enterprise architecture EA is a complex endeavor made all the more challenging by the mistakes we enterprise architects can’t help but keep making — all in an honest effort to keep the enterprise humming. By Peter Wayner Sep 21, 2023 9 mins Enterprise Architecture IT Strategy Software Development opinion CIOs worry about Gen AI – for all the right reasons Generative AI is poised to be the most consequential information technology of the decade. Plenty of promise. But expect novel new challenges to your enterprise data platform. By Mike Feibus Sep 20, 2023 7 mins CIO Generative AI Artificial Intelligence Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe