Modernizing Enterprise Software Increases Business Performance, Speeds Time to Market and Boosts Revenue
15 Luglio 2014 - 3:00PM
Business Wire
New Study Indicates Business Agility is the New
Source of Business Value
A new study commissioned by CA Technologies (NASDAQ:CA) finds
that modernizing enterprise software can give companies a
competitive edge by helping them speed up product cycles and time
to market, reduce maintenance costs and increase overall business
performance and revenues.
Business leaders widely accept that success depends on keeping
their technology infrastructure current and strategically planning
for new innovation. This research identifies the important
underlying connections among development agility and speed,
software modernization and business profit and growth.
IT decision-makers were surveyed for a new study “Enterprise
Software Modernization and Business Performance”* which was
conducted by Forrester Consulting. Software modernization enables
enterprises to keep their IT investments up to date and respond to
changing business needs and market opportunities in order to win,
serve and retain customers.
Some findings of the survey include:
- Levels of software modernization were
lower than expected, averaging 30 percent - 36 percent.
- Software modernization and software
currency are different. Respondents reported far higher percentages
of software running on vendors’ most current or current -1 release
levels than their self-assessment of software modernization.
- Agility is significantly improved with
modernization. Firms where IT leaders reported higher levels of
modernization showed faster product and application development
cycles.
- Faster-growing companies surveyed had
average product cycles that were 35 percent shorter than at
slower-growing companies. Likewise, the faster-growing companies
had IT application development cycles that were 29 percent shorter
than those in slower growing companies. Clearly, faster cycle times
in product and application correlates with faster revenue
growth.
- Modernization could reduce maintenance
budgets by 20 percent.
- Significant benefits can be achieved by
modernizing systems of IT management.
“We believe the research suggests that business agility is the
new source of business value,” states Sid Kumar, vice president and
group head, customer lifecycle solutions, CA Technologies. “In the
application economy, businesses with long-term flexibility will be
able to respond dynamically to evolving customer requirements and
drive positive performance. CA Technologies helps customers
seamlessly manage this process by delivering a comprehensive
approach to enterprise software lifecycle management.”
The new study also provides key recommendations to help
enterprises modernize software, including:
1.
Assess your level of modernization:
considering your installed enterprise software, assess what
percentage you feel is modernized by domain and by business
processes supported.
2.
Evaluate resource allocation:
evaluate whether budget and personnel resources are being best
deployed supporting software at lower levels of modernization.
3.
Build agility into existing
systems: consider how to extend the life of existing on-premise
assets through upgrades that align to business needs through
mobility, better use and access to data, and capabilities that
increase agility.
For more recommendations, download the complete study here.
Additional resources
- Recorded Webinar, “How Modernization
Drives Business Performance” featuring Sid Kumar and Forrester
Research, Inc. vice president, principal analyst Chip
Gliedman.
- Studies “How To Bridge The Gap Between
IT And The Business” and “The Road Map To Modern Software-Enabled
Business”.
- Video Series: Portfolio
Modernization
- Learn how to Evolve Your Software
*A commissioned study conducted by Forrester Consulting on
behalf of CA Technologies, “Enterprise Software Modernization and
Business Performance,” March 2014
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About CA Technologies
CA Technologies (NASDAQ:CA) provides IT management solutions
that help customers manage and secure complex IT environments to
support agile business services. Organizations leverage CA
Technologies software and SaaS solutions to accelerate innovation,
transform infrastructure and secure data and identities, from the
data center to the cloud. Learn more about CA Technologies at
www.ca.com.
Legal Notices
Copyright © 2014 CA. All rights reserved. All other trademarks,
trade names, service marks, and logos referenced herein belong to
their respective companies.
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CA TechnologiesRita O’Brien, 631-342-6687Corporate
CommunicationsRita.obrien@ca.com
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