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299a08f3 NR |
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: As our global\r | |
6 | i economy increasingly comes to run on technology-enabled rails\r | |
7 | i and every company becomes a tech company, demand for\r | |
8 | i high-quality software engineers is at an all-time high. A\r | |
9 | i recent study from Stripe and Harris Poll found that 61 percent\r | |
10 | i of C-suite executives believe access to developer talent is a\r | |
11 | i threat to the success of their business. Perhaps more\r | |
12 | i surprisingly -- as we mark a decade after the financial crisis\r | |
13 | i -- this threat was even ranked above capital constraints. And\r | |
14 | i yet, despite being many corporations' most precious resource,\r | |
15 | i developer talents are all too often squandered. Collectively,\r | |
16 | i companies today lose upward of $300 billion a year paying down\r | |
17 | i "technical debt," as developers pour time into maintaining\r | |
18 | i legacy systems or dealing with the ramifications of bad\r | |
19 | i software. This is especially worrisome, given the outsized\r | |
20 | i impact developers have on companies' chances of success.\r | |
21 | i Software developers don't have a monopoly on good ideas, but\r | |
22 | i their skill set makes them a uniquely deep source of\r | |
23 | i innovation, productivity and new economic connections. When\r | |
24 | i deployed correctly, developers can be economic multipliers --\r | |
25 | i coefficients that dramatically ratchet up the output of the\r | |
26 | i teams and companies of which they're a part.\r | |
27 | i\r |