Developer Conference 1.1 - COBOL Product Update
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The document summarizes a presentation on modernizing COBOL applications. It discusses industry pressures like job cuts and economic challenges. It also outlines barriers to innovation like outdated skills and IT debt. The presentation introduces Visual COBOL as a tool for modernizing applications efficiently while addressing skills shortages. It allows deploying COBOL applications on new platforms like mobile and cloud through a standard development environment.
Developer Conference 1.1 - COBOL Product Update
- 1. COBOL Product Update The Agent of Change Ed Airey & Scot Nielsen Micro Focus
- 2. Session Agenda Industry Pressures The IT Scorecard Barriers to Innovation Introducing Visual COBOL The Road Ahead Current Perspectives FLAT US ECONOMIC GROWTH: 0.1% GDP
- 3. Current Perspectives Flat US Economic Growth: +0.1% GDP Record US Debt: 16.6T Job-less Recovery: Unemployment at 7.9% Downgraded S&P Credit Rating: AA+ Sequestration: 85B in Budget Cuts
- 4. Current Perspectives Flat US Economic Growth: +0.1% GDP Record US Debt: 16.6T Job-less Recovery: Unemployment at 7.9% Downgraded S&P Credit Rating: AA+ Sequestration: 85B in Budget Cuts
- 5. Industry Pressures FINED $1.5B FOR LIBOR RIGGING NEWS
- 6. Industry Pressures NEWS IS TO CUT 2,500 JOBS FROM ITS FINANCIAL AND RISK DIVISION
- 7. Industry Pressures NEWS IS TO CUT 4,000 JOBS IN 2013, SAVING $1B IN COSTS
- 8. Industry Pressures NEWS ANNOUNCES IT WILL CUT 30% OF IT’S IT MANAGEMENT WITHIN IT’S DEFENCE SPACE & SECURITY UNIT
- 9. Industry Pressures FINED $1.5B FOR LIBOR RIGGING NEWS NEWS IS TO CUT 2,500 JOBS FROM ITS FINANCIAL AND RISK DIVISION NEWS IS TO CUT 4,000 JOBS IN 2013, SAVING $1B IN COSTS NEWS ANNOUNCES IT WILL CUT 30% OF IT’S IT MANAGEMENT WITHIN IT’S DEFENCE SPACE NEWS EVEN HOSTESS FILES FOR BANKRUPTCY. ASSET ACQUIRED BY PRIVATE INVESTORS
- 10. Government Legislative Action • Fiscal Cliff Negotiations • Debt Ceiling Debate • Higher Tax Rates • New US Healthcare Law • Sequestration • State & Local Gov. budget cuts • IRS
- 11. The IT Scorecard
- 12. Scorecard Results 2013 IT budgets to increase spending by 1.4%
- 13. Scorecard Results 2013 IT spending facing challenges Expected 2.09T global spend. US to show 7.5% increase
- 14. Scorecard Results Measured as a percentage of revenues, financial services firms spend more on IT than any other industry. Ranging from $270B to 460B
- 15. Scorecard Results Financial services IT budgets equal 7.3% of their revenues, well above the industry average of 3.7%
- 16. Scorecard Results Financial services IT budgets equal 7.3% of their revenues, well above the industry average of 3.7% Measured as a percentage of revenues, financial services firms spend more on IT than any other industry. Ranging from $270B to 460B 2013 IT spending facing challenges Expected 2.09T global spend. US to show 7.5% increase 2013 IT budgets to increase spending by 1.4% to $1.1 trillion ‘Keeping the Lights On’ 70-80% of IT budget
- 17. IT Perceptions 57% Significant differences in perception between IT and non-IT employees: of IT leaders agreed that their organization was "distributed, agile, and flexible” of business people outside IT agree 27%
- 19. Barriers to Innovation: IT Debt - -the backlog 46% did not know the value of their IT debt 44% have no structured process for measuring and managing IT Debt 45% without a process are not planning to implement one 57% say they have an unclear picture of their application portfolio Source: $1 trillionGlobal IT debt will rise to by 2015
- 20. Barriers to Innovation: The Skills Challenge Data gathered from a global survey of Academic leaders 1 in 4 Universities surveyed teach COBOL today 65%COBOL is uncool 65% state that COBOL is considered (by students) ‘uncool’ or is unheard of completely 5% of new graduates have COBOL language skills 10,000 US workers reaching retirement age (65) every day - Occurring over next 19 years. Representing 26% of US workforce
- 21. Barriers to Innovation: The Skills Challenge Data gathered from a global survey of Academic leaders 5% of new graduates have COBOL language skills 10,000 US workers reaching retirement age (65) every day - Occurring over next 19 years. Representing 26% of US workforce 1 in 4 Universities surveyed teach COBOL today 65%COBOL is uncool 65% state that COBOL is considered (by students) ‘uncool’ or is unheard of completely Amid this, 70% of all business Data Processing is still driven by COBOL 70
- 22. Barriers to Innovation: Disruptive Forces DISRUPTIVE TECHNOLOGIES Cloud computing Mobile Social Media & Collaboration Analytics & Big Data Innovations to Change the Face of Business Digital Disruption – CIOs, are you disruptive enough? Gartner and Forrester agree New Generation technology is taking up a lot of mindshare new budget new skills new technology new processes Requiring
- 23. Barriers to Innovation: Disruptive Forces DISRUPTIVE TECHNOLOGIES Cloud computing Mobile Social Media & Collaboration Analytics & Big Data Innovations to Change the Face of Business Digital Disruption – CIOs, are you disruptive enough? Gartner and Forrester agree New Generation technology is taking up a lot of mindshare new budget new skills new technology new processes Requiring It’s Time to Think Differently. To Think Smarter.
- 24. The Road Ahead
- 25. Smart Thinking REDUCTION OF BACKLOG / IT DEBT DISRUPTIVE TECHNOLOGIES New Architecture Mobile Cloud Development Efficiency Skills and Organization
- 26. IT Innovation – Smart Thinking Modernization : Clearing a Pathway to Success 53% Success with Application Modernization 30% Success with replacing application with a COTS package 4% Success when re- writing application from scratch 42% Chance of project failure or excessive delays Package:
- 27. A Customer Perspective: Application Modernization Package Rewrite Modernize COST RISK TIME TO VALUE COMPETITIVE ADVANTAGE (0 – 10) Lowest cost High risk Medium risk Low risk 2-3 years 3-5 years 4 months 4x cost 10x cost 1x cost 0/10 competitive advantage 6/10 competitive advantage 10/10 competitive advantage Lowest risk Shortest time Greatest advantage Package Rewrite Modernize Package Rewrite Modernize Package Rewrite Modernize
- 30. Forces of Change REDUCTION OF BACKLOG / IT DEBT DISRUPTIVE TECHNOLOGIES
- 31. Embracing Innovation REDUCTION OF BACKLOG / IT DEBT DISRUPTIVE TECHNOLOGIES New Architecture Mobile Cloud Development Efficiency Skills and Organization
- 32. Embracing Innovation Cloud Mobile New Architecture Skills and Organization Development Efficiency
- 33. Efficiency Highly effective development results with Visual COBOL • Faster code compile, edit and debug process • 30% improvement in developer productivity • Greater development team collaboration • Advanced COBOL development tooling – background parsing, autocomplete, smart editing, etc. • Unified development environment supporting efficient cross-team development • Developer collaboration across all languages Benefits Capability
- 34. Industry standard development tools 34
- 35. Skills & the Organization Bridge the Skills Gap with Visual COBOL • Address the skills challenge issue • Attract a new talent pool • Protect the value & importance of your core apps • Works with industry standard IDEs - Visual Studio and Eclipse • Consistent development experience for C/C++, .NET, Java and COBOL developers • Smart editing tools make cutting “new” COBOL code easier to learn than ever Benefits Capability
- 36. Cloud Computing Scalable, cost-effective application deployment to the Cloud • Up to 70% reduction in IT costs • Increased application reliability, availability and serviceability • Rapid service delivery Benefits Capability • Deploy existing on-premise COBOL applications into the Cloud • Access data from SQL Azure, Amazon S3 and other Cloud data storage • Supports Amazon and Azure Cloud models
- 37. Mobile Computing Enhance the User Experience with Visual COBOL • Build vibrant user interfaces. Deliver a better user experience • Respond to consumer service demands • Get ahead of the competition. • Access COBOL applications and data from IPhone, Android, Windows 8, and Blackberry devices • Create Web 2.0 & HTML 5 applications • Build SOA-enabled systems Benefits Capability
- 38. Architecture Portable, agile, application deployment with Visual COBOL • Reduce your Time to Delivery by up to 50% • Flexible application deployment & greater choice • Build once. Deploy anywhere! • Enterprise-wide portability of COBOL business apps • Application deployment across 50+ platforms including Windows, Unix, Linux, z/Linux, .NET, and JVM. • Integration with modern technologies such as XML, SOA, Web Services, and Relational Databases Benefits Capability
- 39. Choose your development platform Build your application as you do today Embrace the IDE Modernize your apps Cloud and Mobile Moving to Visual COBOL Delivering More Value
- 40. COBOL Product Roadmap Scot Nielsen Micro Focus
- 41. R3/4 JVM COBOL Preview JVM COBOL Launch 2.0 JDBC support Pure JVM 2.1 Web Container support under Tomcat Web services, JSP and Servlet deployment 2.2 Web container support for WebLogic, Websphere, JBOSS 2.3 EJB container COBOL JVM Roadmap From desktop to J2EE EJB deployment… …re-use core COBOL apps directly within the Java Virtual Machine
- 42. Performance
- 43. The #1 Development toolset for COBOL
- 44. Summary Point • Your Future requires Innovative Thinking • For Enterprise Application Development, the solution is: www.visualcobol.com/
- 45. @microfocus or hashtag #devcon2013 Follow us on LinkedIn or join the group Connect with your peers on the Community