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