Published: 15 February 2024
Summary
While software engineering functions see increasing demand requiring investments in personnel, platforms and practices, software engineering leaders face increasing pressure to optimize costs. This research identifies opportunities to manage costs while maintaining productivity and value delivery.
Included in Full Research
Overview
Key Findings
High demand for specialized software engineers, coupled with the necessity to continually invest in them for sustained professional development, is leading to increased personnel costs.
Growing software architectural complexity due to increasing demand for scalability, performance, integration capabilities, security and compliance is contributing to platform costs increase.
Declining macroeconomic confidenceis exerting enormous pressure on software engineering leaders to optimize costs.
Recommendations
Manage software engineering personnel costs by utilizing flexible staffing models, outsourcing noncore activities, implementing programs to retain top performers, encouraging cross-training and rolling out internship programs.
Optimize software engineering platform costs by benchmarking labor and licensing costs, implementing monitoring
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