- An anonymous reader quotes a report from CNBC: As our global\r
- economy increasingly comes to run on technology-enabled rails\r
- and every company becomes a tech company, demand for\r
- high-quality software engineers is at an all-time high. A\r
- recent study from Stripe and Harris Poll found that 61 percent\r
- of C-suite executives believe access to developer talent is a\r
- threat to the success of their business. Perhaps more\r
- surprisingly -- as we mark a decade after the financial crisis\r
- -- this threat was even ranked above capital constraints. And\r
- yet, despite being many corporations' most precious resource,\r
- developer talents are all too often squandered. Collectively,\r
- companies today lose upward of $300 billion a year paying down\r
- "technical debt," as developers pour time into maintaining\r
- legacy systems or dealing with the ramifications of bad\r
- software. This is especially worrisome, given the outsized\r
- impact developers have on companies' chances of success.\r
- Software developers don't have a monopoly on good ideas, but\r
- their skill set makes them a uniquely deep source of\r
- innovation, productivity and new economic connections. When\r
- deployed correctly, developers can be economic multipliers --\r
- coefficients that dramatically ratchet up the output of the\r
- teams and companies of which they're a part.\r
+ An anonymous reader quotes a report from CNBC:\r
+ \r
+ > As our global economy increasingly comes to run on\r
+ technology-enabled rails and every company becomes a tech\r
+ company, demand for high-quality software engineers is at an\r
+ all-time high. A recent study from [1]Stripe and Harris Poll\r
+ found that 61 percent of C-suite executives believe access to\r
+ developer talent is a threat to the success of their business.\r
+ Perhaps more surprisingly -- as we mark a decade after the\r
+ financial crisis -- [2]this threat was even ranked above\r
+ capital constraints . And yet, despite being many\r
+ corporations' most precious resource, developer talents are\r
+ all too often squandered. Collectively, companies today lose\r
+ upward of $300 billion a year paying down "technical debt," as\r
+ developers pour time into maintaining legacy systems or\r
+ dealing with the ramifications of bad software. This is\r
+ especially worrisome, given the outsized impact developers\r
+ have on companies' chances of success. Software developers\r
+ don't have a monopoly on good ideas, but their skill set makes\r
+ them a uniquely deep source of innovation, productivity and\r
+ new economic connections. When deployed correctly, developers\r
+ can be economic multipliers -- coefficients that dramatically\r
+ ratchet up the output of the teams and companies of which\r
+ they're a part.\r
+ \r
+ \r
+ \r
+ [1] https://stripe.com/reports/developer-coefficient-2018\r
+ \r
+ [2] https://www.cnbc.com/2018/09/06/companies-worry-more-about-\r
+ access-to-software-developers-than-capital.html\r