A global survey reveals that organizations save approximately $28,249 per developer annually owing to AI investments, which also increase productivity by 48%. Sixty-eight percent of executives report growth linked to software innovation, seen in a 44% revenue rise. Ninety-one percent see software innovation as a priority, with budgets skewed towards it. Metrics for success include business growth and improved productivity. Despite AI advances, 90% still hire developers, with expectations that AI will soon standardize software processes, allowing developers to focus on core problem-solving tasks.
Organizations are saving an estimated $28,249 per developer annually due to investments in AI, attributed to a 48% increase in developer productivity and software innovation.
Fifty-eight percent of C-level executives report business growth related to software innovation efforts, resulting in an estimated 44% increase in revenue over the last year.
Ninety-one percent of respondents indicated that software innovation has become a core business priority, with expectations that agentic AI will become standard in software development within three years.
Despite advancements, 90% still hire application developers to accelerate application development processes and focus more on solving problems rather than manual tasks.
#ai-in-software-development #developer-productivity #software-innovation #business-growth #economic-impact-of-ai
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