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

  • Trade tariffs

  • 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

piechart

41.1 total hours

Average developer work week

13.5 hours

Technical debt

3.8 hours

Bad code