will lack of skills doom the app economy?
TRANSCRIPT
Will lack of skills doom
the app economy?
In March 2015, CA Technologies commissioned Oxford
Economics to conduct a global survey of senior business
and technology executives about application strategy
and its impact on business outcomes.
Today, a looming skills shortage
trumps all other trends
37%
36%
36%
35%
34%
33%
32%
31%
18%
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Which global trends do you expect to have the greatest
impact on your company over the
next 3 years?
57%of survey respondents say becoming more software-driven will have an impact on hiring strategy in 3 years
The top 4 critical skills in the app economy
Data scienceCollaboration
DevOps APIs
The ability to mine data for actionable insights
Working effectively with others, inside and outside the company
Collaborative, iterative development experience Expertise in modern app
development tools and processes
Companies are investing in software talent
49% are bringing more software development back in house
47% have used or are planning to use M&A to increase their app-development capabilities
But finding these skills is no easy task…
Which skills are most difficult to acquire?
54%
43%
42%
41%
40%
39%
38%
37%
35%
35%
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…and the talent crunch can have serious repercussions
42%say lack of knowledge and/or skills
presents a major obstacle to responding effectively in the app
economy
Businesses are taking innovative approaches to recruitment and training…
44%
Established technology
centers in talent-rich geographic
regions
40%
Acquired companies to
gain tech talent
40%
Brought IT functions in-
house
35%
Changed culture to compete with
tech firms
…and are increasingly focused on driving cultural change
Changes implemented to become more effective in the application economy
58%Process improvements
56%More collaboration
across business units
41%More strategies for
dealing with complexity
35%Redistribution of power across lines of business
34%New leadership
roles
Governments can help companies find the talent they need
Which are the most
important actions for
governments to take to help
companies find the talent
they need?
52%Technical/
STEM training
programs
48%Cybersecurity
training and
incentives
41%Educational
reform
78%expect their shift to becoming a software-driven enterprise will drive competitive advantage…
…but the shift is impossible without the right skills in place.
Companies that find the people they need have a greater chance of
success in the app economy.
For more on the quest for
talent in the app
economy, download the
full research report,
“The Battle For
Competitive Advantage In
The Application
Economy.”
Copyright © 2015 CA. All rights reserved. This document is for your informational use only and does not form any type of warranty. The information provided regarding customer examples and survey information are based on the customer’s specific use and experience, so results may vary. All trademarks, trade names, service marks and logos referenced herein belong to their respective companies.
All data and quotes are from the Global Application Economy study, Oxford Economics and CA Technologies, June 2015