Stop beating around the bush. Product delays are bad for business regardless of market conditions: recession, pandemic or business-as-normal.
The real value for the organization emerges when operational linkages are created between all aspects of agile, development, security, and IT operations.
The IDC Financial Insights Asia/Pacific report, Four Practical Sources of Agile and DevOps (A.DO) Success for Asia/Pacific Financial Services Institutions (FSIs), underscores the need to focus on: momentum and speed, the human factor, cycles of improvement, and distributed innovation.
FSIs that have derived the most value use small successive actions and standardized processes, with the necessary guardrails for maximum benefits.
“Most Asia/Pacific FSIs have had varying levels of success with A.DO. Several FSI leaders are still struggling with A.DO adoption, with incompatibilities among security, automation, and other A.DO tools. It is imperative to amplify and speed up A.DO practices as it is a journey of continuous improvement and learnings essential for long-term success,” says Michael Araneta, associate vice president at IDC Financial Insights Asia/Pacific.
Figure 1: Four areas of focus for A.DO success
These four key areas – momentum and speed, the human factor, cycles of improvement, and distributed innovation – will provide key areas of focus for A.DO success.
Clay Miller, senior executive advisor at IDC Financial Insights Asia/Pacific, says the most successful A.DO organizations are those that are driven by autonomous teams.
“This requires new lines of reporting and different people leading the A.DO teams – ensuring processes, methods, and practices are as efficient and effective as possible; and seeking lasting cycles of Improvement for all processes and product iterations. This system must be done release by release, sprint by sprint, where continuous improvement maximizes the customer value,” he concluded.