Business Wire India

Are you a software master?

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.

The new research titled, "Don't Let an Outdated Software Strategy Hold You Back," shows just how significant the gaps are between the ‘Masters of the Modern Software Factory’ – the top 25% who embrace the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

• 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.

• 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.

• 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.

• 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.

• 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.

• Report: Don't Let an Outdated Software Strategy Hold You Back
• Infographic