A few people are extremely grumpy, overly analytical and anal-retentive to the point that its impossible to get anything done. Day to day work is dictated by the grumpy few. Analysis paralysis!
No architect and so the software architecture is hugely inefficient.
Software development is too slow. Overly focuses on clean code without any focus on business value or architecture.
There is this false belief in the office that the work they are doing is saving the planet, but really its just helping people make money and sell more water.
There is another false belief that the software is complex because the equations are complex, but this isn't true either. The software is unnecessarily complex.