Wednesday, October 22, 2008

Software Content and Interconnectivity Driving Demand for Software & System Modeling Tools

Recently published research by VDC Research Group indicates that the automotive industry will represent the largest vertical market, as a percentage of total market revenue, for software and system modeling tools by 2010. VDC defines the software and system modeling tool market to include both standard (UML, SysML, SDL, etc.) and proprietary (MATLAB, SCADE, LabVIEW, etc.) language-based modeling solutions intended to facilitate the process of developing embedded software and systems.


“The growing interconnectivity of sophisticated control and safety systems within automobiles has helped drive the need for and adoption of industry standards such as AUTOSAR and MISRA C,” says Chris Rommel, Analyst with VDC’s Embedded Software Practice. "The increasing adoption of these standards, combined with the automotive industry's already exploding level of software content, has fueled the continued revenue growth in this segment as well as that of the overall market for software and system modeling tools."

Moreover, VDC expects that embedded developers – not just limited to the automotive industry – will increasingly look for comprehensive software and system development solutions that can help them manage their adherence to each industry’s standards and best practices. VDC believes that those vendors whose solutions can address these and other challenges within multiple phases of the development process, either through direct functionality or tight integration with third-party solutions, will obtain significant opportunities for growth going forward.

VDC explores these and other critical issues within this market in the recently released report, Software and System Modeling Tools, Volume 3 from Track 2 of VDC’s 2008 Embedded Software Market Intelligence Service.

To Access the PDF version of this press release, click here

1 comments:

Anonymous said...

Interesting post. keep posting. Thanks.

Regards,
SBL Software