Wall Street IT Execs: Don’t Ignore Software Risk


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.

Filed in: Risk & Security
  This report describes the effects of different industrial factors on  structural quality. Structural quality differed across technologies with COBOL  applications generally having the lowest densities of critical weaknesses,  while JAVA-EE had the highest densities. While structural quality differed  slightly across industry segments, there was almost no effect from whether the  application was in- or outsourced, or whether it was produced on- or off-shore.  Large variations in the densities in critical weaknesses across applications  suggested the major factors in structural quality are more related to  conditions specific to each application. CRASH Report 2020: CAST Research on  the Structural Condition of Critical Applications Report
Open source is part of almost every software capability we use today. At the  very least libraries, frameworks or databases that get used in mission critical  IT systems. In some cases entire systems being build on top of open source  foundations. Since we have been benchmarking IT software for years, we thought  we would set our sights on some of the most commonly used open source software  (OSS) projects. Software Intelligence Report <> Papers
Making sense of cloud transitions for financial and telecoms firms Cloud  migration 2.0: shifting priorities for application modernization in 2019  Research Report
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