| 1 | 0Software Developers Are Now More Valuable To Companies Than Money, Says Survey (cnbc.com) null/SLASHDOT/0102640098 70\r |
| 2 | i Thursday September 06, 2018 @11:30PM (BeauHD)\r |
| 3 | i from the new-breed-of-corporate-leaders dept.\r |
| 4 | i\r |
| 5 | i An anonymous reader quotes a report from CNBC:\r |
| 6 | i \r |
| 7 | i > As our global economy increasingly comes to run on\r |
| 8 | i technology-enabled rails and every company becomes a tech\r |
| 9 | i company, demand for high-quality software engineers is at an\r |
| 10 | i all-time high. A recent study from [1]Stripe and Harris Poll\r |
| 11 | i found that 61 percent of C-suite executives believe access to\r |
| 12 | i developer talent is a threat to the success of their business.\r |
| 13 | i Perhaps more surprisingly -- as we mark a decade after the\r |
| 14 | i financial crisis -- [2]this threat was even ranked above\r |
| 15 | i capital constraints . And yet, despite being many\r |
| 16 | i corporations' most precious resource, developer talents are\r |
| 17 | i all too often squandered. Collectively, companies today lose\r |
| 18 | i upward of $300 billion a year paying down "technical debt," as\r |
| 19 | i developers pour time into maintaining legacy systems or\r |
| 20 | i dealing with the ramifications of bad software. This is\r |
| 21 | i especially worrisome, given the outsized impact developers\r |
| 22 | i have on companies' chances of success. Software developers\r |
| 23 | i don't have a monopoly on good ideas, but their skill set makes\r |
| 24 | i them a uniquely deep source of innovation, productivity and\r |
| 25 | i new economic connections. When deployed correctly, developers\r |
| 26 | i can be economic multipliers -- coefficients that dramatically\r |
| 27 | i ratchet up the output of the teams and companies of which\r |
| 28 | i they're a part.\r |
| 29 | i \r |
| 30 | i \r |
| 31 | i \r |
| 32 | i [1] https://stripe.com/reports/developer-coefficient-2018\r |
| 33 | i \r |
| 34 | i [2] https://www.cnbc.com/2018/09/06/companies-worry-more-about-\r |
| 35 | i access-to-software-developers-than-capital.html\r |
| 36 | i\r |