1、The Art Of Software:The New Route To Value Creation Across Industries#GetTheFutureYouWantTHE NEW ROUTE TO VALUECREATION ACROSS INDUSTRIESExecutive Summary Software is a strategic capability,transforming the way businesses design their products and services,function,compete,and provide value to their
2、 customers.In todays rapidly evolving business landscape,every company must become a software company,regardless of its industry or sector.A significant 62 percent of organizations concur that software offers them a competitive advantage.Nearly 60 percent of organizations agree that software-driven
3、transformation is now a board-level topic.To stay competitive,organizations are accelerating their investments in software transformation:Our research shows that,on average,nearly 18 percent of R&D budgets are spent on software-driven transformation.Moreover,60 percent say their investment level is
4、likely to increase by 2025(by 9 percent from current levels,on average).Generative AI will accelerate software transformation:Our research shows that 72 percent of organizations will use Generative AI to augment software engineering in the next 12 months.Moreover,Generative AI will assist in writing
5、 1 among every 5 lines of code in the coming 12 months.Successful transformation has immense revenue potential quadrupling by 2030:Organizations expect software-based revenue as a share of total revenue to grow to nearly 30 percent(in FY 2030)from 7 percent(in FY 2022).Leading organizations are alre
6、ady enjoying benefits from software-driven transformation,from faster R&D to cost reduction and improved customer experience.2Capgemini Research Institute 2023The Art Of Software:The New Route To Value Creation Across IndustriesExecutive Summary To realize a successful transformation,organizations s