Mastering the ‘Modern Software Factory’ Helps Companies Achieve Higher Revenue & Profit Growth & Better Bus. Outcomes
September 14 2017 - 9:00AM
Business Wire
New Global Research Shows Innovators Who
Embrace the Promise of Modern Software Development Drive Greater
Results with Agile Processes, Attention to Security
Mastering modern software development by building a ‘Modern
Software Factory’ is at the heart of business success in the
digital economy, according to the results of a survey of over 1,200
IT leaders released today by CA Technologies (NASDAQ: CA) and
conducted by industry analyst firm Freeform Dynamics.
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According to a recent study by CA
Technologies and conducted by Freeform Dynamics, Masters of the
Modern Software Factory yield higher revenue growth and profit.
(Graphic: Business Wire)
The new research titled, "Don't Let an Outdated Software
Strategy Hold You Back," shows just how significant the gaps are
between the ‘Masters of the Modern Software Factory’ – the top 25%
who embrace the key principles of agility, automation, insights and
security – and everyone else across a range of measures from
revenue and profit to executive leadership and risk-taking to
adoption of modern software tools and approaches.
The ‘Masters’ are embracing and exploiting the digital world
across key aspects of their organizations and out-performing others
on key business indicators. When compared to the mainstream, the
Masters delivered:
- 70% higher profit growth
- 50% higher revenue growth
Mastering the Modern Software Factory also offers a
significant lead in:
Exploiting the Digital World
- 53% of Master-level organizations say
their leaders are exploiting new software-driven strategies versus
18% of mainstream companies.
- 50% of Masters say their executives
provide the leadership needed to survive in the application economy
versus 18% of mainstream companies.
Understanding Customer Needs and Better Aligning IT with the
Business
- 61% of the Masters reported that they
understand what customers need and strive to deliver the best
customer experience, versus 22% of mainstream company
respondents.
- 52% of Masters are very effective at
prioritizing software development in line with business goals,
versus 15% of mainstream companies.
Balancing Risk With Responsible Security Practices
- Over 43% of the Masters’ company
culture support risk-taking, versus 17% of mainstream
companies.
- 49% of Masters have senior management
who understands the importance of not compromising software quality
or security for time-to-market, versus 15% of mainstream
companies.
Developing, Delivering, Managing and Securing Better Quality
Software
- 53% of the Masters are very effective
at delivering applications with improved quality and consistency
versus 24% of mainstream companies.
- 52% of the Masters reported that their
development processes are well documented and well-understood,
versus 18% of mainstream companies.
“There’s a clear indication that those organizations that adopt
modern software development practices such as embracing agile,
increasing automation wherever possible, using machine learning and
analytics to generate insights, and integrating security into the
development process do a better job of driving growth,” said Otto
Berkes, executive vice president and chief technology officer, CA
Technologies. “If you don't have a modern approach to software,
along with the factory needed to deliver on your vision, you will
be left behind in a world where the masters are the winners,” he
added.
The results also show just how far organizations still need to
go to have software processes that are flexible and can keep up
with business demands:
- Only 16% and 18% say they have a high
rate of richness and maturity in their software development tools
for Agile and DevOps, respectively.
- Only 28% strongly agree that their
software team was well equipped to deliver quality on a continuous
basis.
- Only 25% strongly agree that they have
robust internal processes to continuously test for security
vulnerabilities.
- Just 32% believe IT to be very
effective at garnering greater insight into customer needs to
improve application performance and responsiveness.
The Bottom Line
“The reality is that the future of your business is in the hands
of your developers and depends on how well you’ve organized and
enabled them to seize growth opportunities for your company,”
Berkes concluded.
Survey Methodology
The global online survey of 1,279 senior IT and business
executives was sponsored by CA Technologies and conducted by
industry analyst firm Freeform Dynamics’ Intelligence Unit in July
2017. It was augmented by in-depth telephone interviews with key
industry executives. For full survey methodology details, see the
report “Don’t Let an Outdated Software Strategy Hold You Back.”
Download the full report and other materials:
- Report: Don't Let an Outdated Software
Strategy Hold You Back
- Infographic
About Freeform Dynamics
Freeform Dynamics is an IT industry analyst firm. Through our
research and insights, we aim to help busy IT and business
professionals get up to speed on the latest technology
developments, and make better-informed investment decisions. For
more information, and access to our library of free research,
please visit www.freeformdynamics.com.
About CA Technologies
CA Technologies (NASDAQ:CA) creates software that fuels
transformation for companies and enables them to seize the
opportunities of the application economy. Software is at the heart
of every business in every industry. From planning, to development,
to management and security, CA is working with companies worldwide
to change the way we live, transact, and communicate – across
mobile, private and public cloud, distributed and mainframe
environments. Learn more at www.ca.com.
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Copyright © 2017 CA, Inc. All Rights Reserved. All trademarks,
trade names, service marks, and logos referenced herein belong to
their respective companies.
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version on businesswire.com: http://www.businesswire.com/news/home/20170914005048/en/
PressCA TechnologiesRita O’Brien,
631-342-6687Rita.obrien@ca.comorJennifer DiClerico,
212-415-6697jennifer.diclerico@ca.com
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