Today there is no question that monitoring software risk analytics has become a critical enabler to management and many business processes. Executives in any technology-driven business know that, if they're not already working on big data and real-time analytics, they're falling behind their competition.
Unfortunately, many IT executives are focusing most of their analytical attention on operations, which is already using analytics to improve their resilience and monitor software risk. But on the software development side, IT has no analytics on the myriad projects and enhancements being pushed into their software assets on an ongoing basis.
Our colleague, Lev Lesokhin recently penned an article for Wall Street & Technology, “Is Analytics a Must Have? Wall Street IT Executives Don’t Seem to Think So”, that tackles what CIOs need to do to ensure their software development teams are making quality applications that aren’t choking their operations. Armed with holistic software analytics, CIOs can determine just how their cost is funneling into IT, how they can manage it better, and exactly what their output is to each line of business.
How are you monitoring software risk in your organization? Leave your story in a comment below.
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.