SlideShare ist ein Scribd-Unternehmen logo
1 von 31
Addressing the Forces of Change
We Are All Agents of Change!
…so why is implementing change so difficult?
Current Perspectives
Slow US Economic
Growth: +1.7% GDP
Record US Debt: 16.7T
Job-less Recovery:
Unemployment at 7.6%
Downgraded S&P
Credit Rating: AA+
Sequestration:
85B in Budget Cuts
Current Perspectives
Slow US Economic
Growth: +1.7% GDP
Record US Debt: 16.7T
Job-less Recovery:
Unemployment at 7.6%
Downgraded S&P
Credit Rating: AA+
Sequestration:
85B in Budget Cuts
Industry Pressures
FINED $1.5B FOR
LIBOR RIGGING
NEW
S
NEW
S
IS TO CUT 2,500 JOBS
FROM ITS FINANCIAL
AND RISK DIVISION
NEW
S
IS TO CUT 4,000 JOBS IN
2013, SAVING $1B IN COSTS
NEW
S
ANNOUNCES IT WILL CUT 30%
OF ITS IT MANAGEMENT WITHIN
ITS DEFENCE SPACE
& SECURITY UNIT
Industry Pressures
FINED $1.5B FOR
LIBOR RIGGING
NEWS NEWS
IS TO CUT 2,500
JOBS FROM ITS
FINANCIAL AND
RISK DIVISION
NEWS
IS TO CUT 4,000 JOBS IN
2013, SAVING $1B IN
COSTS
NEWS
ANNOUNCES IT WILL CUT
30% OF IT’S IT
MANAGEMENT WITHIN
IT’S DEFENCE SPACE
& SECURITY UNIT
NEWS
EVEN HOSTESS
FILES FOR
BANKRUPTCY.
ASSET ACQUIRED
BY PRIVATE
INVESTORS
The IT Scorecard
2013 IT budgets to
increase spending by
only
1.4%
2013 IT spending facing
challenges Expected
2.09T global spend. US
to show 7.5% increase
Measured as a percentage of
revenues, financial services
firms spend more on IT than
any other industry. Ranging
from $270B to 460B
Financial services IT budgets
equal 7.3% of their
revenues, well above the
industry average of 3.7%
Scorecard Results
‘Keeping the Lights On’
70-80%
of IT budget -
IT Perceptions
57%
Significant differences in perception between
IT and non-IT employees:
of IT leaders agreed
that their organization was
"distributed, agile, and flexible”
of business people
outside IT agree
29%
Barriers to Innovation
Barriers to Innovation: IT Debt….the backlog
46% did not know
the value of their
IT debt
44% have no structured
process for measuring
and managing IT Debt
45% without a process
are not planning to
implement one
57% say they have an
unclear picture of their
application portfolio
Source:
$1 trillionGlobal IT debt will rise to by 2015
Barriers to Innovation: the Skills Challenge
Data gathered from a global survey of Academic leaders
1 in 4 Universities
surveyed teach
COBOL today
65%COBOL
is uncool
65% state that COBOL is considered (by
students) ‘uncool’ or is unheard of completely
5% of new graduates
have COBOL language
skills
10,000 US workers reaching retirement age
(65) every day - Occurring over next 19
years. Representing 26% of US workforce
Barriers to Innovation: the Skills Challenge
Data gathered from a global survey of Academic leaders
5% of new graduates
have COBOL language
skills
10,000 US workers reaching retirement age
(65) every day - Occurring over next 19
years. Representing 26% of US workforce
1 in 4 Universities
surveyed teach
COBOL today
65%COBOL
is uncool
65% state that COBOL is considered (by
students) ‘uncool’ or is unheard of completely
Amid this, 70% of
all business Data
Processing is still
driven by COBOL
7
0
Disruptive Forces
DISRUPTIVE
TECHNOLOGIES
Cloud
computing
Mobile
Social Media &
Collaboration
Analytics
& Big Data
Innovations to
Change the Face
of Business
Digital Disruption –
CIOs, are you
disruptive enough?
Gartner and Forrester agree
New Generation technology is taking up a lot of mindshare
new budget
new skills
new technology
new processes
Requiring
Disruptive Forces
DISRUPTIVE
TECHNOLOGIES
Cloud
computing
Mobile
Social Media &
Collaboration
Analytics
& Big Data
Innovations to
Change the Face
of Business
Digital Disruption –
CIOs, are you
disruptive enough?
Gartner and Forrester agree
New Generation technology is taking up a lot of mindshare
new budget
new skills
new technology
new processes
Requiring
It’s Time to
Think Differently.
To Think Smarter.
The Road Ahead
Forces of Change
REDUCTION OF
BACKLOG / IT DEBT
DISRUPTIVE
TECHNOLOGIES
Understanding Your Options
Modernization
: Clearing a
Pathway to
Success
53%
Success with
Application
Modernization
30%
Success with
replacing
application with
a COTS
package
4%
Success
when re-
writing
application
from scratch
42%
Chance of
project failure
or excessive
delays
Package:
A Customer Perspective: Application Modernization
Package
Rewrite
Modernize
COST
RISK
TIME TO
VALUE
COMPETITIVE
ADVANTAGE
(0 – 10)
Lowest cost
High risk
Medium risk
Low risk
2-3 years
3-5 years
4 months
4x cost
10x cost
1x cost
0/10 competitive advantage
6/10 competitive advantage
10/10 competitive
advantage
Lowest risk
Shortest time
Greatest
advantage
Package
Rewrite
Modernize
Package
Rewrite
Modernize
Package
Rewrite
Modernize
Smart Thinking
REDUCTION OF
BACKLOG / IT DEBT
DISRUPTIVE
TECHNOLOGIES
New Architecture
Mobile
Cloud
Development
Efficiency
Skills and
Organization
Introducing Visual COBOL
Embracing Innovation with Visual COBOL
REDUCTION OF
BACKLOG / IT DEBT
DISRUPTIVE
TECHNOLOGIES
New Architecture
Mobile
Cloud
Development
Efficiency
Skills and
Organization
Embracing Innovation with Visual COBOL
Cloud
Mobile
New Architecture
Skills and
Organization
Development
Efficiency
Efficiency
highly 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 – background
parsing, autocomplete, smart editing, etc.
• Unified development environment supporting efficient
cross-team development
• Developer collaboration across all languages
Benefits Capability
Industry standard development tools
27
Skills & the Organization
Bridge the Skills Gap with Visual COBOL
• Address the skills challenge issue
• Attract a new talent pool
• Protect the value & importance of your core
apps
• Works with industry standard IDEs - Visual
Studio and Eclipse
• Consistent development experience for C/C++,
.NET, Java and COBOL developers
• Smart editing tools make cutting “new” COBOL
code easier to learn than ever
Benefits
Capability
Cloud Computing
Scalable, cost-effective application deployment to the Cloud
• Up to 70% reduction in IT costs
• Increased application reliability,
availability and serviceability
• Rapid service delivery
Benefits
Capability
• Deploy existing on-premise COBOL
applications into the Cloud
• Access data from SQL Azure, Amazon
S3 and other Cloud data storage
• Supports Amazon and Azure Cloud
models
Mobile Computing
Enhance the User Experience with Visual COBOL
• Build vibrant user interfaces. Deliver a
better user experience
• Respond to consumer service demands
• Get ahead of the competition.
• Access COBOL applications and data from
IPhone, Android, Windows 8, and
Blackberry devices
• Create Web 2.0 & HTML 5 applications
• Build SOA-enabled systems
Benefits
Capability
Architecture
Portable, agile, application deployment with Visual COBOL
• Reduce your Time to Delivery by up to
50%
• Flexible application deployment & greater
choice
• Build once. Deploy anywhere!
• Enterprise-wide portability of COBOL
business apps
• Application deployment across 50+
platforms including Windows, Unix, Linux,
z/Linux, .NET, and JVM.
• Integration with modern technologies such
as XML, SOA, Web Services, and
Relational Databases
Benefits
Capability
Next Steps
Summary Points
• Addressing the Forces of Change
requires a different approach:
Innovative Thinking
• For the Enterprise application
developer, the solution is:
The Value Profile Day
• Understand your existing
application portfolio
• Identify suitable candidates
• Develop an application
roadmap
• A ‘Free of Charge’ Service
Your Next Step
Book a Value Profile Day!

Weitere ähnliche Inhalte

Ähnlich wie Agent of Change: COBOL Developer Day

Breaking Bad Integration Projects
Breaking Bad Integration ProjectsBreaking Bad Integration Projects
Breaking Bad Integration Projects
Hans B. Otharsson
 
breaking_bad_integration_projects
breaking_bad_integration_projectsbreaking_bad_integration_projects
breaking_bad_integration_projects
Jim Elliott
 
CGI Legacy Application Transformation
CGI Legacy Application TransformationCGI Legacy Application Transformation
CGI Legacy Application Transformation
mgrahlman
 
It’s Time for a QMS Revolution with Quality 4.0
It’s Time for a QMS Revolution with Quality 4.0It’s Time for a QMS Revolution with Quality 4.0
It’s Time for a QMS Revolution with Quality 4.0
PECB
 
Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013
Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013
Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013
Micro Focus
 

Ähnlich wie Agent of Change: COBOL Developer Day (20)

TOOLKIT: Templates for Powerpoint, Excel Tools & Spreadsheet Templates
TOOLKIT: Templates for Powerpoint, Excel Tools & Spreadsheet TemplatesTOOLKIT: Templates for Powerpoint, Excel Tools & Spreadsheet Templates
TOOLKIT: Templates for Powerpoint, Excel Tools & Spreadsheet Templates
 
Breaking Bad Integration Projects
Breaking Bad Integration ProjectsBreaking Bad Integration Projects
Breaking Bad Integration Projects
 
breaking_bad_integration_projects
breaking_bad_integration_projectsbreaking_bad_integration_projects
breaking_bad_integration_projects
 
Digital Transformation Strategy & Framework | By ex-McKinsey
Digital Transformation Strategy & Framework | By ex-McKinseyDigital Transformation Strategy & Framework | By ex-McKinsey
Digital Transformation Strategy & Framework | By ex-McKinsey
 
NextStep Boston 2018 - Speeding in the Right Direction: Modernizing Legacy Ap...
NextStep Boston 2018 - Speeding in the Right Direction: Modernizing Legacy Ap...NextStep Boston 2018 - Speeding in the Right Direction: Modernizing Legacy Ap...
NextStep Boston 2018 - Speeding in the Right Direction: Modernizing Legacy Ap...
 
CGI Legacy Application Transformation
CGI Legacy Application TransformationCGI Legacy Application Transformation
CGI Legacy Application Transformation
 
It’s Time for a QMS Revolution with Quality 4.0
It’s Time for a QMS Revolution with Quality 4.0It’s Time for a QMS Revolution with Quality 4.0
It’s Time for a QMS Revolution with Quality 4.0
 
Deltek Clarity A&E Industry Study - Houston, TX
Deltek Clarity A&E Industry Study - Houston, TXDeltek Clarity A&E Industry Study - Houston, TX
Deltek Clarity A&E Industry Study - Houston, TX
 
Management Consulting Toolkit with Great Powerpoint Presentations
Management Consulting Toolkit with Great Powerpoint PresentationsManagement Consulting Toolkit with Great Powerpoint Presentations
Management Consulting Toolkit with Great Powerpoint Presentations
 
Does title make a difference?
Does title make a difference?Does title make a difference?
Does title make a difference?
 
Brian D. Voss - Keep Your Money in Your Mission - Overview of Kuali Foundatio...
Brian D. Voss - Keep Your Money in Your Mission - Overview of Kuali Foundatio...Brian D. Voss - Keep Your Money in Your Mission - Overview of Kuali Foundatio...
Brian D. Voss - Keep Your Money in Your Mission - Overview of Kuali Foundatio...
 
Manufacturing Value, A CVG Second Thursday Event, 10/10/13
Manufacturing Value, A CVG Second Thursday Event, 10/10/13Manufacturing Value, A CVG Second Thursday Event, 10/10/13
Manufacturing Value, A CVG Second Thursday Event, 10/10/13
 
Intuit Annual Shareholder Meeting 2017
Intuit Annual Shareholder Meeting 2017Intuit Annual Shareholder Meeting 2017
Intuit Annual Shareholder Meeting 2017
 
Business Value of Agile Testing: Using TDD, CI, CD, & DevOps
Business Value of Agile Testing: Using TDD, CI, CD, & DevOpsBusiness Value of Agile Testing: Using TDD, CI, CD, & DevOps
Business Value of Agile Testing: Using TDD, CI, CD, & DevOps
 
How to Source Digital Initiatives to Drive Revenue Generation
How to Source Digital Initiatives to Drive Revenue GenerationHow to Source Digital Initiatives to Drive Revenue Generation
How to Source Digital Initiatives to Drive Revenue Generation
 
Refactoring the Factory: Building a Cloud-Native App Transformation Factory
Refactoring the Factory: Building a Cloud-Native App Transformation FactoryRefactoring the Factory: Building a Cloud-Native App Transformation Factory
Refactoring the Factory: Building a Cloud-Native App Transformation Factory
 
The Power of Business Agility for Innovation, Transformation and Growth
The Power of Business Agility for Innovation, Transformation and GrowthThe Power of Business Agility for Innovation, Transformation and Growth
The Power of Business Agility for Innovation, Transformation and Growth
 
Why IT Struggles With Digital Transformation and What to Do About It
Why IT Struggles With Digital Transformation and What to Do About ItWhy IT Struggles With Digital Transformation and What to Do About It
Why IT Struggles With Digital Transformation and What to Do About It
 
Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013
Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013
Smart IT: Innovation and Growth - Chief Wine Officer and Micro Focus 2013
 
Future of Cloud 2022 - Grow and Be Green
Future of Cloud 2022 - Grow and Be GreenFuture of Cloud 2022 - Grow and Be Green
Future of Cloud 2022 - Grow and Be Green
 

Mehr von Micro Focus

Mehr von Micro Focus (20)

North America Strategic Modernization Exec Forum
North America Strategic Modernization Exec Forum North America Strategic Modernization Exec Forum
North America Strategic Modernization Exec Forum
 
Tech Channel COBOL ebook
Tech Channel COBOL ebookTech Channel COBOL ebook
Tech Channel COBOL ebook
 
Unlocking COBOL Business Value
Unlocking COBOL Business ValueUnlocking COBOL Business Value
Unlocking COBOL Business Value
 
Quietly confident, enduringly competent - COBOL.
Quietly confident, enduringly competent - COBOL. Quietly confident, enduringly competent - COBOL.
Quietly confident, enduringly competent - COBOL.
 
5 key capabilitie for a smart service desk solution infographic
5 key capabilitie for a smart service desk solution infographic5 key capabilitie for a smart service desk solution infographic
5 key capabilitie for a smart service desk solution infographic
 
SAP Fortify by Micro Focus.
SAP Fortify by Micro Focus. SAP Fortify by Micro Focus.
SAP Fortify by Micro Focus.
 
Digital Transformation pillars 2020
Digital Transformation pillars 2020Digital Transformation pillars 2020
Digital Transformation pillars 2020
 
Whats new in Enterprise 5.0 Product Suite
Whats new in Enterprise 5.0 Product SuiteWhats new in Enterprise 5.0 Product Suite
Whats new in Enterprise 5.0 Product Suite
 
Micro Focus Corporate Overview
Micro Focus Corporate OverviewMicro Focus Corporate Overview
Micro Focus Corporate Overview
 
Why attend the application modernization & connectivity track at Micro Focus ...
Why attend the application modernization & connectivity track at Micro Focus ...Why attend the application modernization & connectivity track at Micro Focus ...
Why attend the application modernization & connectivity track at Micro Focus ...
 
Micro Focus #DevDay50 - Atlanta
Micro Focus #DevDay50 - AtlantaMicro Focus #DevDay50 - Atlanta
Micro Focus #DevDay50 - Atlanta
 
Growth of Internet Data - 2017
Growth of Internet Data - 2017Growth of Internet Data - 2017
Growth of Internet Data - 2017
 
Easily Create Scalable Automation using Selenium
Easily Create Scalable Automation using SeleniumEasily Create Scalable Automation using Selenium
Easily Create Scalable Automation using Selenium
 
The Journey to Mainframe DevOps
The Journey to Mainframe DevOpsThe Journey to Mainframe DevOps
The Journey to Mainframe DevOps
 
Micro Focus extend 10 and 10.1 with AcuToWeb
Micro Focus extend 10 and 10.1 with AcuToWebMicro Focus extend 10 and 10.1 with AcuToWeb
Micro Focus extend 10 and 10.1 with AcuToWeb
 
The COBOL Story by Wim Ebbinkhuijsen
The COBOL Story by Wim EbbinkhuijsenThe COBOL Story by Wim Ebbinkhuijsen
The COBOL Story by Wim Ebbinkhuijsen
 
DevDay Copenhagen - Micro Focus overview and introduction
DevDay Copenhagen - Micro Focus overview and introductionDevDay Copenhagen - Micro Focus overview and introduction
DevDay Copenhagen - Micro Focus overview and introduction
 
The DevOps Journey
The DevOps JourneyThe DevOps Journey
The DevOps Journey
 
ACUCOBOL - Product Strategy and Roadmap
ACUCOBOL - Product Strategy and RoadmapACUCOBOL - Product Strategy and Roadmap
ACUCOBOL - Product Strategy and Roadmap
 
#DevDay Copenhagen - Bluegarden Presentation
#DevDay Copenhagen - Bluegarden Presentation #DevDay Copenhagen - Bluegarden Presentation
#DevDay Copenhagen - Bluegarden Presentation
 

Kürzlich hochgeladen

Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
vu2urc
 

Kürzlich hochgeladen (20)

🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
Advantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your BusinessAdvantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your Business
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
 

Agent of Change: COBOL Developer Day

  • 2. We Are All Agents of Change! …so why is implementing change so difficult?
  • 3. Current Perspectives Slow US Economic Growth: +1.7% GDP Record US Debt: 16.7T Job-less Recovery: Unemployment at 7.6% Downgraded S&P Credit Rating: AA+ Sequestration: 85B in Budget Cuts
  • 4. Current Perspectives Slow US Economic Growth: +1.7% GDP Record US Debt: 16.7T Job-less Recovery: Unemployment at 7.6% Downgraded S&P Credit Rating: AA+ Sequestration: 85B in Budget Cuts
  • 5. Industry Pressures FINED $1.5B FOR LIBOR RIGGING NEW S NEW S IS TO CUT 2,500 JOBS FROM ITS FINANCIAL AND RISK DIVISION NEW S IS TO CUT 4,000 JOBS IN 2013, SAVING $1B IN COSTS NEW S ANNOUNCES IT WILL CUT 30% OF ITS IT MANAGEMENT WITHIN ITS DEFENCE SPACE & SECURITY UNIT
  • 6. Industry Pressures FINED $1.5B FOR LIBOR RIGGING NEWS NEWS IS TO CUT 2,500 JOBS FROM ITS FINANCIAL AND RISK DIVISION NEWS IS TO CUT 4,000 JOBS IN 2013, SAVING $1B IN COSTS NEWS ANNOUNCES IT WILL CUT 30% OF IT’S IT MANAGEMENT WITHIN IT’S DEFENCE SPACE & SECURITY UNIT NEWS EVEN HOSTESS FILES FOR BANKRUPTCY. ASSET ACQUIRED BY PRIVATE INVESTORS
  • 8. 2013 IT budgets to increase spending by only 1.4% 2013 IT spending facing challenges Expected 2.09T global spend. US to show 7.5% increase Measured as a percentage of revenues, financial services firms spend more on IT than any other industry. Ranging from $270B to 460B Financial services IT budgets equal 7.3% of their revenues, well above the industry average of 3.7% Scorecard Results ‘Keeping the Lights On’ 70-80% of IT budget -
  • 9. IT Perceptions 57% Significant differences in perception between IT and non-IT employees: of IT leaders agreed that their organization was "distributed, agile, and flexible” of business people outside IT agree 29%
  • 11. Barriers to Innovation: IT Debt….the backlog 46% did not know the value of their IT debt 44% have no structured process for measuring and managing IT Debt 45% without a process are not planning to implement one 57% say they have an unclear picture of their application portfolio Source: $1 trillionGlobal IT debt will rise to by 2015
  • 12. Barriers to Innovation: the Skills Challenge Data gathered from a global survey of Academic leaders 1 in 4 Universities surveyed teach COBOL today 65%COBOL is uncool 65% state that COBOL is considered (by students) ‘uncool’ or is unheard of completely 5% of new graduates have COBOL language skills 10,000 US workers reaching retirement age (65) every day - Occurring over next 19 years. Representing 26% of US workforce
  • 13. Barriers to Innovation: the Skills Challenge Data gathered from a global survey of Academic leaders 5% of new graduates have COBOL language skills 10,000 US workers reaching retirement age (65) every day - Occurring over next 19 years. Representing 26% of US workforce 1 in 4 Universities surveyed teach COBOL today 65%COBOL is uncool 65% state that COBOL is considered (by students) ‘uncool’ or is unheard of completely Amid this, 70% of all business Data Processing is still driven by COBOL 7 0
  • 14. Disruptive Forces DISRUPTIVE TECHNOLOGIES Cloud computing Mobile Social Media & Collaboration Analytics & Big Data Innovations to Change the Face of Business Digital Disruption – CIOs, are you disruptive enough? Gartner and Forrester agree New Generation technology is taking up a lot of mindshare new budget new skills new technology new processes Requiring
  • 15. Disruptive Forces DISRUPTIVE TECHNOLOGIES Cloud computing Mobile Social Media & Collaboration Analytics & Big Data Innovations to Change the Face of Business Digital Disruption – CIOs, are you disruptive enough? Gartner and Forrester agree New Generation technology is taking up a lot of mindshare new budget new skills new technology new processes Requiring It’s Time to Think Differently. To Think Smarter.
  • 17. Forces of Change REDUCTION OF BACKLOG / IT DEBT DISRUPTIVE TECHNOLOGIES
  • 18. Understanding Your Options Modernization : Clearing a Pathway to Success 53% Success with Application Modernization 30% Success with replacing application with a COTS package 4% Success when re- writing application from scratch 42% Chance of project failure or excessive delays Package:
  • 19. A Customer Perspective: Application Modernization Package Rewrite Modernize COST RISK TIME TO VALUE COMPETITIVE ADVANTAGE (0 – 10) Lowest cost High risk Medium risk Low risk 2-3 years 3-5 years 4 months 4x cost 10x cost 1x cost 0/10 competitive advantage 6/10 competitive advantage 10/10 competitive advantage Lowest risk Shortest time Greatest advantage Package Rewrite Modernize Package Rewrite Modernize Package Rewrite Modernize
  • 20. Smart Thinking REDUCTION OF BACKLOG / IT DEBT DISRUPTIVE TECHNOLOGIES New Architecture Mobile Cloud Development Efficiency Skills and Organization
  • 22. Embracing Innovation with Visual COBOL REDUCTION OF BACKLOG / IT DEBT DISRUPTIVE TECHNOLOGIES New Architecture Mobile Cloud Development Efficiency Skills and Organization
  • 23. Embracing Innovation with Visual COBOL Cloud Mobile New Architecture Skills and Organization Development Efficiency
  • 24. Efficiency highly 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 – background parsing, autocomplete, smart editing, etc. • Unified development environment supporting efficient cross-team development • Developer collaboration across all languages Benefits Capability
  • 26. Skills & the Organization Bridge the Skills Gap with Visual COBOL • Address the skills challenge issue • Attract a new talent pool • Protect the value & importance of your core apps • Works with industry standard IDEs - Visual Studio and Eclipse • Consistent development experience for C/C++, .NET, Java and COBOL developers • Smart editing tools make cutting “new” COBOL code easier to learn than ever Benefits Capability
  • 27. Cloud Computing Scalable, cost-effective application deployment to the Cloud • Up to 70% reduction in IT costs • Increased application reliability, availability and serviceability • Rapid service delivery Benefits Capability • Deploy existing on-premise COBOL applications into the Cloud • Access data from SQL Azure, Amazon S3 and other Cloud data storage • Supports Amazon and Azure Cloud models
  • 28. Mobile Computing Enhance the User Experience with Visual COBOL • Build vibrant user interfaces. Deliver a better user experience • Respond to consumer service demands • Get ahead of the competition. • Access COBOL applications and data from IPhone, Android, Windows 8, and Blackberry devices • Create Web 2.0 & HTML 5 applications • Build SOA-enabled systems Benefits Capability
  • 29. Architecture Portable, agile, application deployment with Visual COBOL • Reduce your Time to Delivery by up to 50% • Flexible application deployment & greater choice • Build once. Deploy anywhere! • Enterprise-wide portability of COBOL business apps • Application deployment across 50+ platforms including Windows, Unix, Linux, z/Linux, .NET, and JVM. • Integration with modern technologies such as XML, SOA, Web Services, and Relational Databases Benefits Capability
  • 30. Next Steps Summary Points • Addressing the Forces of Change requires a different approach: Innovative Thinking • For the Enterprise application developer, the solution is: The Value Profile Day • Understand your existing application portfolio • Identify suitable candidates • Develop an application roadmap • A ‘Free of Charge’ Service
  • 31. Your Next Step Book a Value Profile Day!