Walker Royce on the economics of software development
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Walker Royce' title is Chief Software Economist for IBM Rational. His Monday keynote at Innovate 2011 focused on the proposition that software development is more of a discipline of economics and engineering. He summarizes that idea here, talks about why traditional development methodology has suffered such a high failure rate, and reflects on the improved atmosphere for developers that is found in an efficient, well-governed project. He also talks about his new book, Eureka: Discover and Enjoy the Hidden Power of the English Language.