I think the article missed the point because it compares unregulated startups with regulated enterprises. There certainly are more enterprises in regulated industries because working there requires deeper pockets than most startups have.
I believe enterprises are slow because they optimize for efficiency in the sense to use the least amount of energy to reach a goal. They do this by learning institutionally which means by tuning their processes, standards, norms, guidelines, etc. This works great if you need to mass-produce physical things.
Agile is very inefficient. All this continuous integration machinery, all those team meetings, all these frequent reprioritizations. Agile can be very effective though because you notice earlier when you are wrong. The hard thing to do is that you have to stop when you went wrong. Otherwise you are just doing a more wasteful waterfall. For enterprises this is a cultural change which is hard to do.
The problem is that these enterprises have to change because software is eating the world. Fortunately for them, regulation provides a good moat against disruption. For now.
I believe enterprises are slow because they optimize for efficiency in the sense to use the least amount of energy to reach a goal. They do this by learning institutionally which means by tuning their processes, standards, norms, guidelines, etc. This works great if you need to mass-produce physical things.
Agile is very inefficient. All this continuous integration machinery, all those team meetings, all these frequent reprioritizations. Agile can be very effective though because you notice earlier when you are wrong. The hard thing to do is that you have to stop when you went wrong. Otherwise you are just doing a more wasteful waterfall. For enterprises this is a cultural change which is hard to do.
The problem is that these enterprises have to change because software is eating the world. Fortunately for them, regulation provides a good moat against disruption. For now.
I already blogged something like this before: http://beza1e1.tuxen.de/cost_of_agile.html