Summary, Overview, and Issues

Congress of the United States Office of Technology Assessment · Palgrave Macmillan UK eBooks · 1990

The health and vitality of the software 1 industry are crucial to the computer industry, to government, and to the economy as a whole. In 1988, domestic revenues for software and related services amounted to about $60 billion. Over the past 30 years, software costs have increased as a share of total information-system costs. Software development costs today amount to over half of the cost for new systems. 2 Software is a critical component in the successful operation of the computer system; after all, without software, computers would be unusable. Software is vital to defense and civilian agency operations, and to industrial sectors as diverse as telecommunications, electronics, transportation, manufacturing, and finance. 3 The United States has 70 percent of the world software market, but this may be in jeopardy in the future as other countries’ software industries develop. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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