Developers are force-multipliers
C-level executives overwhelmingly report that developers help their companies in critical ways. The best developers build new products, services, and entire businesses. Collectively, developers have the ability to raise global GDP by $3 trillion over the next 10 years.
Access to developers is a bigger threat to business success than access to capital
Senior executives believe that the lack of developer talent is one of the biggest potential threats to their growth. Yet even though demand for software engineers is at an all-time high, they aren’t being deployed toward the most impactful projects that move businesses forward.
1000+ C-level executives were asked
How threatening are the following factors to the success of your business?
Security / data breach
Access to developer talent
Corporate tax rates
Access to capital
Impact of Brexit
Companies waste $300 billion of developer productivity every year
Developers spend over 17 hours every week dealing with maintenance issues like debugging and refactoring, and about a quarter of that time is spent fixing bad code. That’s nearly $300B in lost productivity every year. It’s not how many software engineers a company has; it’s how their talent is being utilized.
Developers spend 42% of their time on code maintenance
41.1 total hours
Average developer work week