As technology leaders within their organizations, CIOs must initiate and direct IT projects that propel business objectives and boost the bottom line. But without a wide and clear view into the architecture and design of existing software systems, they can find themselves directing a corporate horror movie instead of the intended digital transformation success story.
To avoid this fate, CIOs can leverage Software Intelligence to help them and their teams measure, analyze and take action based on an architectural analysis of software health gaps and pitfalls in their systems. In a recent CAST video, Larry Cohen, CEO of IT consultancy ArcTangent Solutions, cites three situations for which Software Intelligence solutions can come to a CIO’s aid.
Improving Application Security
“There’s been a lot of asking questions and analyzing the organization when preparing for things like cloud migration,” says Cohen, who cites the void, until recently, of specific code-level measurements for systems and the applications. “These measurements should bypass the frameworks and access the databases.” Now security-centric Software Intelligence solutions can let an organization get a report of recommended code-level changes, make them, then run the application chart the improvement.
“You can better fill security gaps with objective insight around critical vulnerabilities and remediate these issues before they become news blunders,” he adds. “It’s a fantastic benefit to be able to get down to that code level with recommendations.”
A Less Traumatic Orientation for CIOs
Cohen has seen another great benefit of Software Intelligence among his clients: New CIOs who must quickly understand the quality of ten, hundreds, or even thousands of applications, can’t rely on existing data—if they even have it. Software Intelligence, says Cohen, can help to give them a very fast measurement of areas such software health and software risk. “Now they know where to invest. With benchmarks, they can see the results of the changes that they’re making, and if these changes are negatively impacting other areas.”
Easing M&A Pains
Valuations during mergers and acquisitions (as well as private-equity deals) may often go light on evaluating existing technology systems and software. Then in the aftermath of the deal or somewhere down the line, those who remain learn the complexity of these largely uncharted netherworlds.
“Once they run their analysis, they may regret their valuation because now they see the amount of work that’s needed,” says Cohen.
When working with the right Software Intelligence, an M&A or PE team can access the best system data available. This intelligence will help them to make better informed valuations, while ensuring the highest level of security for cloud migrations and other legacy modernization efforts. They’ll be directing their organizations toward meeting and exceeding their business objectives, while leaving the horror movies to Hollywood.
To watch the full video interview with Larry Cohen, click here.
Erik Oltmans, an Associate Partner from EY, Netherlands, spoke at the Software Intelligence Forum on how the consulting behemoth uses Software Intelligence in its Transaction Advisory services.
Erik describes the changing landscape of M & A. Besides the financial and commercial aspects, PE firms now equally value technical assessments, especially for targets with significant software assets. He goes on to detail how CAST Highlight makes these assessments possible with limited access to the targetâ€™s systems, customized quality metrics, and liability implications of open source components - all three that are critical for an M&A due diligence.