Ep030: Mega Trends in the Software Industry with Jeremy Schnieder, Senior Partner at McKinsey & Company

Today, a session from the AWS for Software Companies Executive Forum at re:Invent, Jeremy Schnieder, Senior Partner at McKinsey & Company, shares some mega trends of the software industry.Topics Include:Software is growing significantly.Total value of Enterprise software industry has doubled in the last 5 yearsIT spending rising, SaaS now over 50% of software revenueOpportunities & major growth drivers with GenAIShifts balance of internal development and commercial software due to GenAIGenAI influenced changes in various market segmentsTactics that product led sales are usingProductivity benefits from generative AI-assisted software developmentProductivity metrics for generative AI

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