Well, so they’ve gone and started their own software development now. It’s true, as Keronen says, that AI has lowered development costs, but I wonder if it’s sensible to invest in proprietary software at this stage. The expectation is that software will be even cheaper in the future, and it seems that as competition between accounting software providers intensifies, it would be relatively cost-effective to operate using third-party software in the future.
This also explains why Talenom’s (and many other software companies’) share price is heading downhill. The millions poured into software development in past years now look like quite expensive projects in the current light.