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Companies Spending More On Application Development

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Your competition is restarting their application development efforts to get ahead of the competition.

Nearly three-quarters of (6000) respondents, 71%, listed new product or software development as a top priority in their organizations. Cost-cutting also rated high, as did improving end-user usability.

Survey finds that app dev budgets are increasing

By Paul Krill at ComputerWorld

Despite current economic uncertainty across the globe, senior-level executives and software development professionals are seeing an increase in development budgets, according to a recent survey by software development outsourcer SoftServe.

Conducted from April to June of this year, the survey of more than 6,000 executives and development professionals revealed that 60% of respondents reported increases in software development budgets for 2009. Results of the survey were announced Wednesday. Twenty-six percent indicated budgets had increased in excess of 10% over 2008 expenditures.

In other findings in the survey:

  • Nearly three-quarters of respondents, 71%, listed new product or software development as a top priority in their organizations. Cost-cutting also rated high, as did improving end-user usability.
  • Enterprise applications were the focus of 62% of respondents, while 51% were focused on Web development.
  • Eighty-seven percent of respondents reported comfort with their company's basic coding skills, while 36% said they needed improved project management. Thirty-four percent cited a need for help in defining business requirements for development projects.
  • Some 38% of organizations revealed the use of some type of software development outsourcing, with two-thirds of those outsourcing doing so in India, with the Ukraine, China and other Eastern European countries also showing up as top development locations to watch.
  • Forty-two percent favored agile development methodologies while just 18% preferred the waterfall method.
  • CMMI (Capability Maturity Model Integration) was cited as the process maturity and quality model of 36% of respondents.
  • For software customization and integration, Microsoft Dynamics/SharePoint was the most used platform, by 42% of those polled. Oracle and SAP followed with 38% and 29%, respectively.
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