Developer Conference 1.1 - COBOL Product Update

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Developer Conference 1.1 - COBOL Product Update

  1. 1. COBOL Product UpdateThe Agent of ChangeEd Airey & Scot NielsenMicro Focus
  2. 2. Session AgendaIndustryPressuresThe IT ScorecardBarriers toInnovationIntroducingVisual COBOLThe Road AheadCurrentPerspectivesFLAT USECONOMICGROWTH:0.1% GDP
  3. 3. Current PerspectivesFlat US EconomicGrowth: +0.1% GDPRecord US Debt: 16.6TJob-less Recovery:Unemployment at 7.9%Downgraded S&PCredit Rating: AA+Sequestration:85B in Budget Cuts
  4. 4. Current PerspectivesFlat US EconomicGrowth: +0.1% GDPRecord US Debt: 16.6TJob-less Recovery:Unemployment at 7.9%Downgraded S&PCredit Rating: AA+Sequestration:85B in Budget Cuts
  5. 5. Industry PressuresFINED $1.5B FORLIBOR RIGGINGNEWS
  6. 6. Industry PressuresNEWSIS TO CUT 2,500 JOBSFROM ITS FINANCIAL ANDRISK DIVISION
  7. 7. Industry PressuresNEWSIS TO CUT 4,000 JOBS IN2013, SAVING $1B INCOSTS
  8. 8. Industry PressuresNEWSANNOUNCES IT WILL CUT 30% OFIT’S IT MANAGEMENT WITHIN IT’SDEFENCE SPACE & SECURITY UNIT
  9. 9. Industry PressuresFINED $1.5B FORLIBOR RIGGINGNEWS NEWSIS TO CUT 2,500JOBS FROM ITSFINANCIAL ANDRISK DIVISIONNEWSIS TO CUT 4,000 JOBS IN2013, SAVING $1B INCOSTSNEWSANNOUNCES IT WILL CUT30% OF IT’S ITMANAGEMENT WITHINIT’S DEFENCE SPACENEWSEVEN HOSTESSFILES FORBANKRUPTCY.ASSET ACQUIREDBY PRIVATEINVESTORS
  10. 10. Government Legislative Action• Fiscal Cliff Negotiations• Debt Ceiling Debate• Higher Tax Rates• New US Healthcare Law• Sequestration• State & Local Gov. budget cuts• IRS
  11. 11. The IT Scorecard
  12. 12. Scorecard Results2013 IT budgets to increasespending by1.4%
  13. 13. Scorecard Results2013 IT spending facingchallenges Expected 2.09Tglobal spend. US to show7.5% increase
  14. 14. Scorecard ResultsMeasured as a percentage ofrevenues, financial servicesfirms spend more on IT thanany other industry. Rangingfrom $270B to 460B
  15. 15. Scorecard ResultsFinancial services IT budgetsequal 7.3% of theirrevenues, well above theindustry average of 3.7%
  16. 16. Scorecard ResultsFinancial services IT budgetsequal 7.3% of their revenues,well above the industryaverage of 3.7%Measured as a percentage ofrevenues, financial servicesfirms spend more on IT thanany other industry. Rangingfrom $270B to 460B2013 IT spending facingchallenges Expected 2.09Tglobal spend. US to show7.5% increase2013 IT budgets to increasespending by 1.4% to$1.1 trillion‘Keeping the Lights On’70-80%of IT budget
  17. 17. IT Perceptions57%Significant differences in perception betweenIT and non-IT employees:of IT leaders agreedthat their organization was"distributed, agile, and flexible”of business peopleoutside IT agree27%
  18. 18. Barriers to Innovation
  19. 19. Barriers to Innovation:IT Debt - -the backlog46% did not knowthe value of theirIT debt44% have no structuredprocess for measuringand managing IT Debt45% without a processare not planning toimplement one57% say they have anunclear picture of theirapplication portfolioSource:$1 trillionGlobal IT debt will rise to by 2015
  20. 20. Barriers to Innovation:The Skills ChallengeData gathered from a global survey of Academic leaders1 in 4 Universitiessurveyed teachCOBOL today65%COBOLis uncool65% state that COBOL is considered (bystudents) ‘uncool’ or is unheard of completely5% of new graduateshave COBOL languageskills10,000 US workers reaching retirement age(65) every day - Occurring over next 19years. Representing 26% of US workforce
  21. 21. Barriers to Innovation:The Skills ChallengeData gathered from a global survey of Academic leaders5% of new graduateshave COBOL languageskills10,000 US workers reaching retirement age(65) every day - Occurring over next 19years. Representing 26% of US workforce1 in 4 Universitiessurveyed teachCOBOL today65%COBOLis uncool65% state that COBOL is considered (bystudents) ‘uncool’ or is unheard of completelyAmid this, 70% ofall business DataProcessing is stilldriven by COBOL70
  22. 22. Barriers to Innovation:Disruptive ForcesDISRUPTIVETECHNOLOGIESCloudcomputingMobileSocial Media &CollaborationAnalytics& Big DataInnovations toChange the Faceof BusinessDigital Disruption –CIOs, are youdisruptive enough?Gartner and Forrester agreeNew Generation technology is taking up a lot of mindsharenew budgetnew skillsnew technologynew processesRequiring
  23. 23. Barriers to Innovation:Disruptive ForcesDISRUPTIVETECHNOLOGIESCloudcomputingMobileSocial Media &CollaborationAnalytics& Big DataInnovations toChange the Faceof BusinessDigital Disruption –CIOs, are youdisruptive enough?Gartner and Forrester agreeNew Generation technology is taking up a lot of mindsharenew budgetnew skillsnew technologynew processesRequiringIt’s Time toThink Differently.To Think Smarter.
  24. 24. The Road Ahead
  25. 25. Smart ThinkingREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIESNew ArchitectureMobileCloudDevelopmentEfficiencySkills andOrganization
  26. 26. IT Innovation – Smart ThinkingModernization: Clearing aPathway toSuccess53%Success withApplicationModernization30%Success withreplacingapplicationwith a COTSpackage4%Successwhen re-writingapplicationfromscratch42%Chance ofproject failureor excessivedelaysPackage:
  27. 27. A Customer Perspective:Application ModernizationPackageRewriteModernizeCOSTRISKTIME TOVALUECOMPETITIVEADVANTAGE(0 – 10)Lowest costHigh riskMedium riskLow risk2-3 years3-5 years4 months4x cost10x cost1x cost0/10 competitive advantage6/10 competitive advantage10/10 competitiveadvantageLowest riskShortest timeGreatestadvantagePackageRewriteModernizePackageRewriteModernizePackageRewriteModernize
  28. 28. IntroducingVisual COBOL
  29. 29. Forces of ChangeREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIES
  30. 30. Embracing InnovationREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIESNew ArchitectureMobileCloudDevelopmentEfficiencySkills andOrganization
  31. 31. Embracing InnovationCloudMobileNew ArchitectureSkills andOrganizationDevelopmentEfficiency
  32. 32. EfficiencyHighly 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 – backgroundparsing, autocomplete, smart editing, etc.• Unified development environment supporting efficientcross-team development• Developer collaboration across all languagesBenefits Capability
  33. 33. Industry standard development tools34
  34. 34. Skills & the OrganizationBridge the Skills Gap with Visual COBOL• Address the skills challenge issue• Attract a new talent pool• Protect the value & importance of your coreapps• Works with industry standard IDEs - VisualStudio and Eclipse• Consistent development experience for C/C++,.NET, Java and COBOL developers• Smart editing tools make cutting “new” COBOLcode easier to learn than everBenefitsCapability
  35. 35. Cloud ComputingScalable, cost-effective application deployment to the Cloud• Up to 70% reduction in IT costs• Increased application reliability,availability and serviceability• Rapid service deliveryBenefitsCapability• Deploy existing on-premise COBOLapplications into the Cloud• Access data from SQL Azure, AmazonS3 and other Cloud data storage• Supports Amazon and Azure Cloudmodels
  36. 36. Mobile ComputingEnhance the User Experience with Visual COBOL• Build vibrant user interfaces. Deliver abetter user experience• Respond to consumer service demands• Get ahead of the competition.• Access COBOL applications and data fromIPhone, Android, Windows 8, andBlackberry devices• Create Web 2.0 & HTML 5 applications• Build SOA-enabled systemsBenefitsCapability
  37. 37. ArchitecturePortable, agile, application deployment with Visual COBOL• Reduce your Time to Delivery by up to50%• Flexible application deployment & greaterchoice• Build once. Deploy anywhere!• Enterprise-wide portability of COBOLbusiness apps• Application deployment across 50+platforms including Windows, Unix, Linux,z/Linux, .NET, and JVM.• Integration with modern technologies suchas XML, SOA, Web Services, andRelational DatabasesBenefitsCapability
  38. 38. Choose yourdevelopmentplatformBuild yourapplication asyou do todayEmbrace theIDEModernizeyour appsCloud andMobileMoving to Visual COBOLDelivering More Value
  39. 39. COBOLProduct RoadmapScot NielsenMicro Focus
  40. 40. R3/4JVMCOBOLPreviewJVMCOBOLLaunch2.0JDBCsupportPure JVM2.1WebContainersupport underTomcatWeb services,JSP andServletdeployment2.2Webcontainersupport forWebLogic,Websphere,JBOSS2.3EJBcontainerCOBOL JVM RoadmapFrom desktop to J2EE EJB deployment……re-use core COBOL apps directly withinthe Java Virtual Machine
  41. 41. Performance
  42. 42. The #1 Development toolset for COBOL
  43. 43. Summary Point• Your Future requiresInnovative Thinking• For EnterpriseApplicationDevelopment, thesolution is:www.visualcobol.com/
  44. 44. @microfocus or hashtag #devcon2013Follow us on LinkedIn or join the groupConnect with your peers on the Community

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