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18 Sep 2014
Companies Focused on Software and Development Outperform Peers in the New Application Economy
NEW YORK, NY – September 18, 2014 — /BackupReview.info/ — The results of a global study commissioned by CA Technologies (NASDAQ:CA) show that “Leaders” who are investing in new innovation and development capabilities are growing revenue at more than twice the rate of “Laggards,” creating an Application Divide in the marketplace.
The study – How to Survive and Thrive in the Application Economy – analyzes results from a survey of 1,450 senior business leaders across 13 countries. http://bit.ly/1u48JC6
These “Leaders” overwhelmingly realize that software and application development is core to their future success. In fact, the study found that over 50 percent of companies surveyed either have made, or will make in the next year, an acquisition specifically to add talent and strengthen their development capabilities.
In addition to revenue growth, “Leaders,” as identified in the study, are experiencing 68 percent higher profit growth and are seeing more than 50 percent new business growth from new products and services.
Among the specific investments being made by “Leaders,” the study uncovered the following, as represented in this infographic: http://bit.ly/1DlEVDX
“There is clear evidence that enterprises of all sizes, in all markets, have to embrace the application economy and place software development and delivery at the center of their business strategy,” said John Michelsen, chief technology officer, CA Technologies. “Business success is tied to application performance, and the ability of a business to drive growth is no longer just about the product or service they deliver, but increasingly about a complete software-driven experience.”
Additional findings of the study include:
Click here to download the whitepaper and learn more about the research: http://bit.ly/1u48JC6
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