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How Does Your Company Measure Up In The Application Economy?

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How Does Your Company Measure Up In The Application Economy?


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“…app sales now total $30 billion and by 2020 they will be $100 billion.” —Josh Lipton, CNBC Business News Source: video.cnbc.com/gallery/?video=3000291221#, July 10, 2014.


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Without question, the application economy is impacting enterprises across the globe. Source: CA and Vanson Bourne Global Application Economy Study, 2014.


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The Explosion of the Application Economy Number of Apps Available by Year (iOs and Android) 2014 Source: www.nytimes.com/2011/12/12/technology/one-million-apps-and-counting.html, December 11, 2011, www.informit.com/blogs/blog.aspx?uk=The-Fight-for-The-Mobile-App-Market-Android-vs-iOS, June 9, 2014, www.cbsnews.com/news/apples-app-store-full-of-zombies-says-report/, July 29, 2014.


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There is the need for speed if you want to survive in the application economy. of Line of Business executives are facing increased pressure to release applications faster Source: CA and Vanson Bourne Global Application Economy Study, 2014.


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But that’s changing… Enterprises are responding with swift and significant actions. Increasing investments by an average of Bringing more software development back in-house (11 Percentage Points Growth) 52% Have OR PLAN TO MAKE A software acquisition in the next year 25% Source: CA and Vanson Bourne Global Application Economy Study, 2014.


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Only 15% of Line of Business executives are completely satisfied with IT’s speed in delivering new applications or services When it comes to speed to market, satisfaction levels are low. Source: CA and Vanson Bourne Global Application Economy Study, 2014.


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6 Make strategic changes that yield more apps, faster! delivered FOUR or more APPS LAST YEAR 51% average Number of customer apps delivered last year How do companies gain a competitive advantage? Source: CA and Vanson Bourne Global Application Economy Study, 2014.


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Is your organization poised to be a leader in the application economy?


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Survey respondents site security concerns as a top obstacle that needs to be addressed by enterprises in order to become more effective in the application economy. Confidence in Security is Key. Source: CA and Vanson Bourne Global Application Economy Study, 2014.


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Cultural issues Knowledge is Power! 25% Lack of senior executive understanding of impact/benefits Lack of knowledge/skills 26% 24% Source: CA and Vanson Bourne Global Application Economy Study, 2014. Key obstacles sited by respondents include:


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Payoffs are huge for those who embrace the application economy. Application Economy Leaders have seen: higher revenue growth 106% higher Profit growth 66% more business coming from new products and services 50% Source: CA and Vanson Bourne Global Application Economy Study, 2014.


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Download Now © 2014 CA. All rights reserved. This document is for your informational purposes only, and does not form any type of warranty. The information provided regarding Customer examples and survey information are based on the customer's specific use and experience so actual results may vary. To learn what your peers are doing to succeed in the application economy, download the research report "How to Survive and Thrive in the Application Economy."


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