Enterprises in Asia Pacific and Japan are most affected by the emerging "application economy," according to CA Technologies.
A global Vanson Bourne survey that included 650 senior IT and business leaders in China, India, Australia, South Korea, Singapore and Japan show that more than half (57%) are seeing a significant impact of the application economy on their industry, and 53% are already experiencing the effects on their own organization.
While enterprises across the region recognize the impact of the application economy, less than half of the respondents (49%) felt that they are very or highly effective in responding to it. Security concerns (41%) and budget constraints (36%) were cited as the biggest obstacles.
To better cope and meet the new demands of the application economy, CA Technologies suggest for enterprises to increasing investments by an average of 18% over the next five years, acquire software companies to add development capabilities, and delivering an average of six customer applications in the past year.
Further, 94% of respondents from the region are facing increased pressure to release applications more quickly due to customer demand (58%) and competitive pressures (65%).
Despite the rapid rate of application delivery (average of six customer applications and six internal applications delivered in the past year), only 15% are completely satisfied with IT's speed in delivering new applications or services. As a result, 82% of enterprises surveyed have adopted or are planning to adopt DevOps to increase application delivery.