Software development is a cost center everywhere except at actual software companies, where it is instead "production" with "deliverables", considered like the kitchen in a restaurant.

So now companies that do other things are calling themselves software companies so that their software development will not have to be a cost center. Or "technology companies", as Bloomberg, e.g., which delivers financial news, calls itself now.

It is deeply stupid, but entrenched. I don't know how software stands at SpaceX, which is a "technology company" that, nominally, makes rockets. Is the software that runs in processors physically on board a rocket production, thus a profit center, while the stuff that runs on the ground is facilities, thus a cost center?