CA Technologies Study Reveals Widespread Adoption of Digital Transformation
07 October 2015 - 12:00AM
Business Wire
Digital Disrupters have two times higher
revenue growth and two and a half times higher profit growth than
the mainstream organizations
CA Technologies (NASDAQ: CA) today announced the results of a
global study on the role of software as a business enabler, finding
that in today’s application economy, it’s clear that digital
transformation has reached every aspect of business. Put simply,
exploiting modern technology and communications to transform one or
more key aspects of your business to achieve a state of digital
readiness has now become a mainstream activity to drive ROI.
In the application economy, businesses are moving at the speed
of light to leapfrog their competition and accelerate the digital
transformation of their organization. The study, Exploiting the
Software Advantage: Lessons from Digital Disrupters, found that
Digital Transformation is being driven as a coordinated strategy
across a majority of organizations (55 percent), with many projects
underway in multiple areas of the company, including customer
services, sales and marketing, and product/service development. As
a result, 45 percent of respondents have already seen measurable
increases in customer retention and acquisition from their digital
transformation initiatives and 44 percent have seen an overall
increase in revenue.
The results also spurred the development of the Digital
Effectiveness Index (DEI), a measurement tool developed in
partnership with Freeform Dynamics. Using this measure, a group of
top-performing organizations has emerged – the Digital Disrupters,
identified as the top 14 percent of respondents.
“Not all businesses are on equal footing– some are forging
ahead, some are getting left behind,” said Otto Berkes, CTO at CA
Technologies, “In fact, there are some wide differences in overall
effectiveness and maturity of digital initiatives—from significant
revenue growth and customer retention to ultimately profits
impacting the bottom line.”
In this elite group of Digital Disrupters, or those well on
their way, respondents are already seeing impressive business
benefits of embarking on a digital transition, including:
- Increased Revenue: Digital
Disrupters have two times higher revenue growth than mainstream
organizations,
- Higher Profits: They report two
and a half times higher profit growth than the mainstream
organizations
Additional key findings of the DEI include:
- Countries like the U.S., Canada,
Germany and France lead the others
- Within verticals we see the strongest
showing from Telecom and Financial Services, firms with public
sector and consumer packaged goods lagging
“While there are already successful companies who have become
Digital Disrupters, mainstream businesses simply cannot continue
with the status quo— they must undergo significant change to fully
integrate digital into all aspects of their business,” said
Berkes.
However, the good news for these businesses is that there is a
clear set of common traits and behaviors among today’s Digital
Disrupters. The study, which surveyed 1,442 respondents from 16
countries across nine industry sectors, found that Digital
Disrupters are:
- Software-driven: Digital
Disrupters were 3.5x more likely (than the mainstream) to recognize
the importance of being a software-driven business (60% vs
17%)
- Advocates for Agile: Disrupters
were 2.5x more likely to fully use agile development (77% vs 31%),
and in addition- 2.5x more likely to have DevOps broadly in place
(70% vs 28%)
- Open to APIs: The study found
that leaders were 2x more likely to leverage APIs for internal
development (68% vs 34%), and 2.8x more likely to use APIs to
enable third party apps (66% vs 24%).
Survey Methodology
The global online survey of 1,442 senior IT and business
executives was sponsored by CA Technologies and conducted by
industry analyst firm Freeform Dynamics in July 2015. It was
augmented by in-depth telephone interviews with key industry
executives. For full survey methodology details, see the report
“Exploiting the Software Advantage: Lessons from Digital
Disrupters”.
About Freeform Dynamics
Freeform Dynamics is an IT industry analyst firm. Through our
research and insights, we aim to help busy IT and business
professionals get up to speed on the latest technology
developments, and make better-informed investment decisions. For
more information, and access to our library of free research,
please visit www.freeformdynamics.com.
About CA Technologies
CA Technologies (NASDAQ: CA) creates software that fuels
transformation for companies and enables them to seize the
opportunities of the application economy. Software is at the heart
of every business in every industry. From planning to development,
to management and security, CA is working with companies worldwide
to change the way we live, transact, and communicate – across
mobile, private and public cloud, distributed and mainframe
environments. Learn more at www.ca.com.
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Legal Notices
Copyright © 2015 CA Inc. All Rights Reserved. All trademarks,
trade names, service marks, and logos referenced herein belong to
their respective companies.
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version on businesswire.com: http://www.businesswire.com/news/home/20151006006068/en/
CA TechnologiesRamya Kumaraswamy,
508-628-8684Ramya.Kumaraswamy@ca.com
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