13
How Does Your Company Measure Up In The Application Economy?

How Does Your Company Measure Up In the Application Economy?

Embed Size (px)

DESCRIPTION

We live in an application economy where your customers are far more likely to experience your brand through a software app than a live person. To thrive in this new reality, developing and delivering superior user experiences that engage your customers and staff is now the ultimate priority. CA Technologies commissioned the research company Vanson Bourne to conduct a global survey of 1,450 senior business executives to discover what leading organizations are doing to survive and thrive in the application economy. Learn what your peers are doing and find out the steps you should be taking now to succeed. For more information on the full survey, visit http://rewrite.ca.com/appecon

Citation preview

Page 1: How Does Your Company Measure Up In the Application Economy?

How Does Your

Company Measure Up In

The Application

Economy?

Page 2: How Does Your Company Measure Up In the Application Economy?

“…app sales now total $30 billion and by 2020 they will be $100 billion.”—Josh Lipton, CNBC Business News

Source: video.cnbc.com/gallery/?video=3000291221#, July 10, 2014.

Page 3: How Does Your Company Measure Up In the Application Economy?

Without question, the application economy is impacting enterprises across the globe.

50% HAVE SEEN AN IMPACT ON THEIR INDUSTRY

44% HAVE SEEN AN IMPACT ON THEIR ORGANIZATION

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Page 4: How Does Your Company Measure Up In the Application Economy?

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

8,000

500,000

1,000,000

2,440,000

2011 2010 2008

The Explosion of the Application Economy

As many as 60,000 Apps are added to the App Store each month.

Number of Apps Available by Year(iOs and Android)

2014

Source: www.nytimes.com/2011/12/12/technology/one-million-apps-and-counting.html, December 11, 2011, www.informit.com/blogs/blog.aspx?uk=The-Fight-for-The-Mobile-App-Market-Android-vs-iOS, June 9, 2014, www.cbsnews.com/news/apples-app-store-full-of-zombies-says-report/, July 29, 2014.

Page 5: How Does Your Company Measure Up In the Application Economy?

94%

There is the need for speed if you want to survive in the application economy.

of Line of Business executives are facing increased pressure to release applications fasterThe Reasons? Customer demand and competitive pressures

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Page 6: How Does Your Company Measure Up In the Application Economy?

But that’s changing… Enterprises are responding with swift and significant actions.INCREASING INVESTMENTS BY AN AVERAGE OFBRINGING MORE SOFTWARE DEVELOPMENT BACK IN-HOUSE (11 Percentage Points Growth)

52%HAVE OR PLAN TO MAKE A

SOFTWARE ACQUISITIONIN THE NEXT YEAR

25%

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Page 7: How Does Your Company Measure Up In the Application Economy?

Only 15% of Line of Business executives are completely satisfied with IT’s speed in delivering new applications or services

When it comes to speed to market,

satisfaction levels are low.

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Page 8: How Does Your Company Measure Up In the Application Economy?

6Make strategic

changes that yield more

apps, faster!

DELIVERED FOUR OR MORE APPS LAST YEAR

51%

AVERAGE NUMBER OF CUSTOMER APPS DELIVERED LAST YEAR

How do companies gain

a competitive advantage?

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Page 9: How Does Your Company Measure Up In the Application Economy?

Is your organization poised to be a leader in the application economy?

Page 10: How Does Your Company Measure Up In the Application Economy?

Survey respondents site security concerns as a top obstacle that needs to be addressed by enterprises in order to become more effective in the application economy.

Confidence in Security is Key.

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Page 11: How Does Your Company Measure Up In the Application Economy?

CULTURAL ISSUES

Knowledge is Power!

25%

LACK OF SENIOR EXECUTIVE UNDERSTANDING OF IMPACT/BENEFITS

LACK OF KNOWLEDGE/SKILLS

26%

24%

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Key obstacles sited by respondents include:

Page 12: How Does Your Company Measure Up In the Application Economy?

Payoffs are huge

for those who

embrace the application

economy.

Application Economy Leaders have seen:

HIGHER REVENUE GROWTH

106% HIGHER

PROFIT GROWTH

66% MORE BUSINESS COMING FROM NEW PRODUCTS AND SERVICES

50%

Source: CA and Vanson Bourne Global Application Economy Study, 2014.

Page 13: How Does Your Company Measure Up In the Application Economy?

Download Now

© 2014 CA. All rights reserved. This document is for your informational purposes 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 actual results may vary.

To learn what your peers are doing to succeed in the application economy, download the research report "How to Survive and Thrive in the Application Economy."