| 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 |