Modern Software Development Strategies Lead to 70% Higher Profit Growth, Report Says

Friday Sep 15th 2017 by Developer.com Staff
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Enterprises that have modernized their application development experience tangible business benefits.

A new report from CA Technologies finds a big disparity between the best enterprise application development teams and the rest. It states that the top 25 percent of organizations are embracing the principles of automation, insights, security, and agile software development. Those strategies are leading to 70 percent higher profit growth and 50 percent higher revenue growth, compared with other organizations.

"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.

He added, "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."

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