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 years
• IT spending rising, SaaS now over 50% of software revenue
• Opportunities & major growth drivers with GenAI
• Shifts balance of internal development and commercial software due to GenAI
• GenAI influenced changes in various market segments
• Tactics that product led sales are using
• Productivity benefits from generative AI-assisted software development
• Productivity metrics for generative AI