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COBOL Product Update The Agent of Change
Ed Airey & Scot Nielsen
Micro Focus
Session Agenda
Industry Pressures
The IT Scorecard
Barriers to Innovation
Introducing Visual COBOL
The Road Ahead
Current Perspectives
FLAT US ECONOMIC GROWTH: 0.1% GDP
Current Perspectives
Flat US Economic
Growth: +0.1% GDP
Record US Debt: 16.6T
Job-less Recovery:
Unemployment at 7.9%
Downgraded S&P
Credit Rating: AA+ Sequestration:
85B in Budget Cuts
Current Perspectives
Flat US Economic
Growth: +0.1% GDP
Record US Debt: 16.6T
Job-less Recovery:
Unemployment at 7.9%
Downgraded S&P
Credit Rating: AA+ Sequestration:
85B in Budget Cuts
The Dow Jones reaches record 14,221 level on March 5th
Industry Pressures
FINED $1.5B FOR LIBOR RIGGING
NEWS
Industry Pressures
NEWS
IS TO CUT 2,500 JOBS FROM ITS FINANCIAL AND
RISK DIVISION
Industry Pressures
NEWS
IS TO CUT 4,000 JOBS IN 2013, SAVING $1B IN
COSTS
Industry Pressures
NEWS
ANNOUNCES IT WILL CUT 30% OF IT’S IT MANAGEMENT WITHIN IT’S DEFENCE SPACE & SECURITY UNIT
Industry Pressures
FINED $1.5B FOR
LIBOR RIGGING
NEWS
NEWS
IS TO CUT 2,500
JOBS FROM ITS
FINANCIAL AND
RISK DIVISION
NEWS
IS TO CUT 4,000 JOBS IN
2013, SAVING $1B IN
COSTS
NEWS
ANNOUNCES IT WILL CUT
30% OF IT’S IT
MANAGEMENT WITHIN
IT’S DEFENCE SPACE
NEWS
EVEN HOSTESS FILES FOR BANKRUPTCY. ASSET ACQUIRED BY PRIVATE INVESTORS
Government Legislative Action
• Fiscal Cliff Negotiations
• Debt Ceiling Debate
• Higher Tax Rates
• New US Healthcare Law
• Sequestration
• State & Local Gov. budget cuts
• IRS
The IT Scorecard
Scorecard Results
2013 IT budgets to increase spending by
1.4%
Scorecard Results
2013 IT spending facing challenges Expected 2.09T global spend. US to show 7.5% increase
Scorecard Results
Measured as a percentage of revenues, financial services firms spend more on IT than any other industry. Ranging from $270B to 460B
Scorecard Results
Financial services IT budgets equal 7.3% of their revenues, well above the industry average of 3.7%
Scorecard Results
Financial services IT budgets equal 7.3% of their revenues, well above the industry average of 3.7%
Measured as a percentage of revenues, financial services firms spend more on IT than any other industry. Ranging from $270B to 460B
2013 IT spending facing challenges Expected 2.09T global spend. US to show 7.5% increase
2013 IT budgets to increase spending by 1.4% to
$1.1 trillion
‘Keeping the Lights On’
70-80% of IT budget
IT Perceptions
57%
Significant differences in perception between IT and non-IT employees:
of IT leaders agreed that their organization was "distributed, agile, and flexible”
of business people outside IT agree
27%
Barriers to Innovation
Barriers to Innovation: IT Debt - -the backlog
46% did not know the value of their IT debt
44% have no structured process for measuring and managing IT Debt
45% without a process are not planning to implement one
57% say they have an unclear picture of their application portfolio
Source:
$1 trillion Global IT debt will rise to
by 2015
Barriers to Innovation: The Skills Challenge
Data gathered from a global survey of Academic leaders
1 in 4 Universities surveyed teach COBOL today
65% COBOL is uncool
65% state that COBOL is considered (by students) ‘uncool’ or is unheard of completely
5% of new graduates have COBOL language skills
10,000 US workers reaching retirement age (65) every day - Occurring over next 19 years. Representing 26% of US workforce
Barriers to Innovation: The Skills Challenge
Data gathered from a global survey of Academic leaders
5% of new graduates have COBOL language skills
10,000 US workers reaching retirement age (65) every day - Occurring over next 19 years. Representing 26% of US workforce
1 in 4 Universities surveyed teach COBOL today
65% COBOL is uncool
65% state that COBOL is considered (by students) ‘uncool’ or is unheard of completely
Amid this, 70% of all business Data Processing is still driven by COBOL
70
Barriers to Innovation: Disruptive Forces
DIS
RU
PT
IVE
TE
CH
NO
LO
GIE
S
Cloud
computing
Mobile
Social Media &
Collaboration
Analytics
& Big Data
Innovations to
Change the Face
of Business Digital Disruption –
CIOs, are you
disruptive enough?
Gartner and Forrester agree
New Generation technology is taking up a lot of mindshare
new budget
new skills
new technology
new processes
Requiring
Barriers to Innovation: Disruptive Forces
DIS
RU
PT
IVE
TE
CH
NO
LO
GIE
S
Cloud
computing
Mobile
Social Media &
Collaboration
Analytics
& Big Data
Innovations to
Change the Face
of Business Digital Disruption –
CIOs, are you
disruptive enough?
Gartner and Forrester agree
New Generation technology is taking up a lot of mindshare
new budget
new skills
new technology
new processes
Requiring
It’s Time to
Think Differently.
To Think Smarter.
The Road Ahead
Smart Thinking
REDUCTION OF
BACKLOG / IT DEBT
DIS
RU
PT
IVE
TE
CH
NO
LO
GIE
S
New Architecture
Mobile
Cloud
Development
Efficiency
Skills and
Organization
IT Innovation – Smart Thinking
Modernization
: Clearing a
Pathway to
Success
53% Success with
Application Modernization
30% Success with
replacing application with a COTS package
4% Success
when re-writing application from scratch
42% Chance of
project failure or excessive delays
Package:
A Customer Perspective: Application Modernization
Package
Rewrite
Modernize
COST
RISK
TIME TO
VALUE
COMPETITIVE
ADVANTAGE
(0 – 10)
Lowest cost
High risk
Medium risk
Low risk
2-3 years
3-5 years
4 months
4x cost
10x cost
1x cost
0/10 competitive advantage
6/10 competitive advantage
10/10 competitive
advantage
Lowest risk
Shortest time
Greatest
advantage
Package
Rewrite
Modernize
Package
Rewrite
Modernize
Package
Rewrite
Modernize
Introducing Visual COBOL
Forces of Change
REDUCTION OF BACKLOG / IT DEBT
DISRUPTIVE TECHNOLOGIES
Embracing Innovation
REDUCTION OF
BACKLOG / IT DEBT
DIS
RU
PT
IVE
TE
CH
NO
LO
GIE
S
New Architecture
Mobile
Cloud
Development
Efficiency
Skills and
Organization
Embracing Innovation
Cloud
Mobile
New Architecture
Skills and
Organization
Development
Efficiency
Efficiency Highly effective development results with Visual COBOL
• Faster code compile, edit and debug process
• 30% improvement in developer productivity
• Greater development team collaboration
• Advanced COBOL development tooling – background
parsing, autocomplete, smart editing, etc.
• Unified development environment supporting efficient
cross-team development
• Developer collaboration across all languages
Benefits Capability
Industry standard development tools
34
Skills & the Organization Bridge the Skills Gap with Visual COBOL
• Address the skills challenge issue
• Attract a new talent pool
• Protect the value & importance of your core
apps
• Works with industry standard IDEs - Visual
Studio and Eclipse
• Consistent development experience for C/C++,
.NET, Java and COBOL developers
• Smart editing tools make cutting “new” COBOL
code easier to learn than ever
Benefits
Capability
Cloud Computing Scalable, cost-effective application deployment to the Cloud
• Up to 70% reduction in IT costs
• Increased application reliability,
availability and serviceability
• Rapid service delivery
Benefits
Capability
• Deploy existing on-premise COBOL
applications into the Cloud
• Access data from SQL Azure, Amazon
S3 and other Cloud data storage
• Supports Amazon and Azure Cloud
models
Mobile Computing Enhance the User Experience with Visual COBOL
• Build vibrant user interfaces. Deliver a
better user experience
• Respond to consumer service demands
• Get ahead of the competition.
• Access COBOL applications and data from
IPhone, Android, Windows 8, and
Blackberry devices
• Create Web 2.0 & HTML 5 applications
• Build SOA-enabled systems
Benefits
Capability
Architecture Portable, agile, application deployment with Visual COBOL
• Reduce your Time to Delivery by up to
50%
• Flexible application deployment & greater
choice
• Build once. Deploy anywhere!
• Enterprise-wide portability of COBOL
business apps
• Application deployment across 50+
platforms including Windows, Unix, Linux,
z/Linux, .NET, and JVM.
• Integration with modern technologies such
as XML, SOA, Web Services, and
Relational Databases
Benefits
Capability
Choose your development
platform
Build your application as you do today
Embrace the IDE
Modernize your apps
Cloud and Mobile
Moving to Visual COBOL
Delivering More Value
COBOL Product Roadmap
Scot Nielsen
Micro Focus
R3/4
JVM COBOL Preview
JVM COBOL Launch
2.0
JDBC support
Pure JVM
2.1
Web Container support under Tomcat
Web services, JSP and Servlet deployment
2.2
Web container support for
WebLogic,
Websphere,
JBOSS
2.3
EJB container
COBOL JVM Roadmap
From desktop to J2EE EJB deployment…
…re-use core COBOL apps directly within the Java Virtual Machine
Performance
The #1 Development toolset for COBOL
Summary Point
• Your Future requires Innovative Thinking
• For Enterprise Application Development, the solution is:
www.visualcobol.com/
@microfocus or hashtag #devcon2013
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