To be good stewards of taxpayer dollars, state and local governments conduct market research and perform due diligence before purchasing a software solution. Commercial off-the-shelf (COTS) products are often positioned as offering the best price tag and the fastest deployment. However, the promise of a speedy installation often goes unmet.
Budget cuts. This dreaded term has become all too familiar in the modern economic climate. Whether cutting software spend, head count, and professional services, or optimizing supply chain, productivity, and organizational overhead, companies across the globe are trying to reduce inefficiency and waste. The savvy leader will agree that objective, data-driven decisions are the most likely to achieve desired business impact.
The term “Zero Trust” has become one of the most important concepts in the information security industry. An all-encompassing phrase for many modern security best practices, Zero Trust is a conceptual design philosophy focused on continuous authentication and authorization for each action a user takes within a session rather than verification that only occurs at the start of a session.
It began with the pandemic. Consumer spending shifted from experiences to goods, spiking demand. Ports clogged due to shutdowns. Factories operated at reduced capacities from sickness, lockdowns, or even infrastructure issues like rolling blackouts. But it didn’t end there. The ripple effects have continued. Supply chains continue facing upheavals, particularly with respect to inflated prices and global conflict like the war in Ukraine. This leaves supply chain professionals on shaky ground.
Managing a delivery team that supports any complex business requires aligning people and technology with the needs of your customers in order to deliver the software they need to run the business. Firms that operate within regulated environments like financial services, including capital markets also have to contend with external influence from regulatory partners—which can shape not only what you’re asked to do but also how you need to do it.
The underwriting process is notoriously inefficient. Today, underwriters typically spend 40% of their time on non-core activities such as gathering and entering data for submissions and renewals, issuing policies, and administrative tasks. The result of such manual underwriting is lost productivity and higher costs, with an expected price tag for insurers of $85–$160 billion in lost business over the next five years. In the current economic climate, efficiency is more important than ever.
Raise your hand if your team has ever been forced to prioritize delivery speed over sound design. It happens all too often in the world of application development, and we’ve all been there. The compromises made in the rush to deliver value to your customers result in technical debt. As a delivery leader, you need to manage the repayment of technical debt, which taxes your productivity and is a potential source of functional and cyber risk.
