When things get complex ~ Complex Systems, challenges and where to focus
Monday, 6:15 pm (CET), 10:15 am (PDT), 1:15 pm (EDT), 10:45 pm (IST), Tuesday 2:15 am (KST)
Software is on the rise and is the no. 1 topic in the development of new functions.
6:20 PM - 6:50 PMMon
McKinsey Digital Munich
Software is on the rise. Software is the no. 1 topic in the development of new functions. The software market is expected to grow from today to 2030 with an average CAGR of ~10%. So what could go wrong? A closer look at the four major automotive trends ACES shows that they depend on the success of software. OEMs and Tier1s have recognized the situation and are investing heavily in software. To the extent that some speak of a "software defined car" or a "computer on wheels". But where there is light, there is also shadow. Highly automated driving, connectivity, powertrain electrification and new mobility services introduce additional dependencies between functions.
Dependencies that –as we know continue to increase the system complexity. The development of software is a constant challenge for projects. What seems trivial at first glance turns out to be a much greater challenge than many people expect. Falling productivity, increasing communication, declining quality, constantly rising development costs and project delays are omnipresent. These challenges can only be tackled with a holistic approach. Successful organization have mastered the most important dimensions. Development tools, program management and talent management are just some of this dimensions.