Addressing the Forces of Change
We Are All Agents of Change!…so why is change so difficult?
Our DiscussionIndustryPressuresThe IT ScorecardBarriers toInnovationIntroducingVisual COBOLThe Road Ahead– Smart ThinkingC...
Current PerspectivesFlat US EconomicGrowth: +0.1% GDPRecord US Debt: 16.6TJob-less Recovery:Unemployment at 7.6%Downgraded...
Current PerspectivesFlat US EconomicGrowth: +0.1% GDPRecord US Debt: 16.6TJob-less Recovery:Unemployment at 7.6%Downgraded...
Industry PressuresFINED $1.5B FORLIBOR RIGGINGNEWSNEWSIS TO CUT 2,500 JOBSFROM ITS FINANCIALAND RISK DIVISIONNEWSIS TO CUT...
Industry PressuresFINED $1.5B FORLIBOR RIGGINGNEWS NEWSIS TO CUT 2,500JOBS FROM ITSFINANCIAL ANDRISK DIVISIONNEWSIS TO CUT...
Government Legislative Action• Fiscal Cliff Negotiations• Debt Ceiling Debate• Higher Tax Rates• New US Healthcare Law• Se...
The IT Scorecard
2013 IT budgets toincrease spending byonly1.4%2013 IT spending facingchallenges Expected2.09T global spend. USto show 7.5%...
IT Perceptions57%Significant differences in perception betweenIT and non-IT employees:of IT leaders agreedthat their organ...
Barriers to Innovation
Barriers to Innovation: IT Debt….the backlog46% did not knowthe value of theirIT debt44% have no structuredprocess for mea...
Barriers to Innovation: the Skills ChallengeData gathered from a global survey of Academic leaders1 in 4 Universitiessurve...
Barriers to Innovation: the Skills ChallengeData gathered from a global survey of Academic leaders5% of new graduateshave ...
Disruptive ForcesDISRUPTIVETECHNOLOGIESCloudcomputingMobileSocial Media &CollaborationAnalytics& Big DataInnovations toCha...
Disruptive ForcesDISRUPTIVETECHNOLOGIESCloudcomputingMobileSocial Media &CollaborationAnalytics& Big DataInnovations toCha...
The Road Ahead
Forces of ChangeREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIES
Understanding Your OptionsModernization: Clearing aPathway toSuccess53%Success withApplicationModernization30%Success with...
A Customer Perspective: Application ModernizationPackageRewriteModernizeCOSTRISKTIME TOVALUECOMPETITIVEADVANTAGE(0 – 10)Lo...
Smart ThinkingREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIESNew ArchitectureMobileCloudDevelopmentEfficiencySkills an...
Introducing Visual COBOLScot NielsenProduct Manager
Embracing Innovation with Visual COBOLREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIESNew ArchitectureMobileCloudDevelo...
Embracing Innovation with Visual COBOLCloudMobileNew ArchitectureSkills andOrganizationDevelopmentEfficiency
Efficiencyhighly effective development results with Visual COBOL• Faster code compile, edit and debug process• 30% improve...
Industry standard development tools27
Skills & the OrganizationBridge the Skills Gap with Visual COBOL• Address the skills challenge issue• Attract a new talent...
Cloud ComputingScalable, cost-effective application deployment to the Cloud• Up to 70% reduction in IT costs• Increased ap...
Mobile ComputingEnhance the User Experience with Visual COBOL• Build vibrant user interfaces. Deliver abetter user experie...
ArchitecturePortable, agile, application deployment with Visual COBOL• Reduce your Time to Delivery by up to50%• Flexible ...
Next StepsSummary Points• Addressing the Forces of Changerequires a different approach:Innovative Thinking• For the Enterp...
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NA Developer Day - Addressing forces of change

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NA Developer Day - Addressing forces of change

  1. 1. Addressing the Forces of Change
  2. 2. We Are All Agents of Change!…so why is change so difficult?
  3. 3. Our DiscussionIndustryPressuresThe IT ScorecardBarriers toInnovationIntroducingVisual COBOLThe Road Ahead– Smart ThinkingCurrentPerspectivesFLAT USECONOMICGROWTH:0.1% GDP
  4. 4. Current PerspectivesFlat US EconomicGrowth: +0.1% GDPRecord US Debt: 16.6TJob-less Recovery:Unemployment at 7.6%Downgraded S&PCredit Rating: AA+Sequestration:85B in Budget Cuts
  5. 5. Current PerspectivesFlat US EconomicGrowth: +0.1% GDPRecord US Debt: 16.6TJob-less Recovery:Unemployment at 7.6%Downgraded S&PCredit Rating: AA+Sequestration:85B in Budget Cuts
  6. 6. Industry PressuresFINED $1.5B FORLIBOR RIGGINGNEWSNEWSIS TO CUT 2,500 JOBSFROM ITS FINANCIALAND RISK DIVISIONNEWSIS TO CUT 4,000 JOBS IN2013, SAVING $1B IN COSTSNEWSANNOUNCES IT WILL CUT 30%OF IT’S IT MANAGEMENT WITHINIT’S DEFENCE SPACE& SECURITY UNIT
  7. 7. 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 SPACE& SECURITY UNITNEWSEVEN HOSTESSFILES FORBANKRUPTCY.ASSET ACQUIREDBY PRIVATEINVESTORS
  8. 8. Government Legislative Action• Fiscal Cliff Negotiations• Debt Ceiling Debate• Higher Tax Rates• New US Healthcare Law• Sequestration• State & Local Gov. budget cuts• IRS
  9. 9. The IT Scorecard
  10. 10. 2013 IT budgets toincrease spending byonly1.4%2013 IT spending facingchallenges Expected2.09T global spend. USto show 7.5% increaseMeasured as a percentage ofrevenues, financial servicesfirms spend more on IT thanany other industry. Rangingfrom $270B to 460BFinancial services IT budgetsequal 7.3% of theirrevenues, well above theindustry average of 3.7%Scorecard Results‘Keeping the Lights On’70-80%of IT budget -
  11. 11. 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 agree29%
  12. 12. Barriers to Innovation
  13. 13. 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
  14. 14. 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
  15. 15. 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
  16. 16. 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
  17. 17. 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.
  18. 18. The Road Ahead
  19. 19. Forces of ChangeREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIES
  20. 20. Understanding Your OptionsModernization: Clearing aPathway toSuccess53%Success withApplicationModernization30%Success withreplacingapplication witha COTSpackage4%Successwhen re-writingapplicationfrom scratch42%Chance ofproject failureor excessivedelaysPackage:
  21. 21. 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
  22. 22. Smart ThinkingREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIESNew ArchitectureMobileCloudDevelopmentEfficiencySkills andOrganization
  23. 23. Introducing Visual COBOLScot NielsenProduct Manager
  24. 24. Embracing Innovation with Visual COBOLREDUCTION OFBACKLOG / IT DEBTDISRUPTIVETECHNOLOGIESNew ArchitectureMobileCloudDevelopmentEfficiencySkills andOrganization
  25. 25. Embracing Innovation with Visual COBOLCloudMobileNew ArchitectureSkills andOrganizationDevelopmentEfficiency
  26. 26. 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
  27. 27. Industry standard development tools27
  28. 28. 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
  29. 29. 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
  30. 30. 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
  31. 31. 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
  32. 32. Next StepsSummary Points• Addressing the Forces of Changerequires a different approach:Innovative Thinking• For the Enterprise applicationdeveloper, the solution is:The Value Profile Day• Understand your existingapplication portfolio• Identify suitable candidates• Develop an applicationroadmap• A ‘Free of Charge’ Service

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