Organizations Struggling to Meet Raising Software Demands
Custom software development and deployment is a key component of how many businesses innovate, with top-performing companies producing many of their most crucial software solutions in-house. Additionally, there is a sizable market for custom software development services, with an estimated US$47 billion in 2018. But 65 years after the creation of the FORTRAN programming language, significant challenges continue to hamper efforts to produce software, a prominent one being a persistent shortage of qualified developers.
Moreover, a 2017 survey indicated that 20% of all software projects were completely abandoned while more than half were delayed and grappled with budget issues. Poor software quality cost US businesses an estimated $319 billion last year.
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