𝑻𝒉𝒆 𝑼𝒏𝒔𝒑𝒐𝒌𝒆𝒏 𝑹𝑶𝑰: 𝑵𝒂𝒗𝒊𝒈𝒂𝒕𝒊𝒏𝒈 𝒕𝒉𝒆 𝑻𝒆𝒏𝒔𝒊𝒐𝒏 𝑩𝒆𝒕𝒘𝒆𝒆𝒏 𝑫𝒆𝒗𝑬𝒙 𝑰𝒏𝒗𝒆𝒔𝒕𝒎𝒆𝒏𝒕 𝒂𝒏𝒅 𝑩𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝑽𝒂𝒍𝒖𝒆 At PlatformCon 2024, Vilas Veeraraghavan delivered an insightful talk on the critical balance between investing in Developer Experience (DevEx) and driving business value. 𝘏𝘦𝘳𝘦 𝘢𝘳𝘦 𝘵𝘩𝘦 𝘬𝘦𝘺 𝘵𝘢𝘬𝘦𝘢𝘸𝘢𝘺𝘴: 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐃𝐞𝐯𝐗? DevX encompasses the tools, processes, people, and culture that enable developers to efficiently create and deploy software. It's about enhancing productivity and fostering innovation. 𝐖𝐡𝐲 𝐈𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐃𝐞𝐯𝐗? 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐬 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: Streamlines the complex, creative, and scientific software development processes. 𝐁𝐨𝐨𝐬𝐭𝐬 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐯𝐢𝐭𝐲: Reduces cognitive load and context switching, enabling developers to focus on business goals. 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐬 𝐑𝐞𝐭𝐞𝐧𝐭𝐢𝐨𝐧: Creates a positive work environment that retains top talent. 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞𝐬 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲: Improves CI/CD pipelines, reduces onboarding time, and increases deployment frequency. 𝐑𝐞𝐚𝐥 𝐖𝐢𝐧𝐬 𝐟𝐫𝐨𝐦 𝐃𝐞𝐯𝐗 - 50% Faster CI/CD Pipelines: Saving 30 minutes per engineer daily. - 95% Reduction in Onboarding Time: From 2 weeks to 2 hours. - Effective Bug Detection: Reduced test cycles from 3 hours to 20 minutes. - Doubled Deployments: Accelerating revenue opportunities. - Lower PR Wait Times: Saving 4 hours per developer daily. 𝐓𝐡𝐞 𝐑𝐎𝐈 𝐨𝐟 𝐃𝐞𝐯𝐗 Investing $1-2 million in DevX can result in $11.5 million in annual revenue growth and cost savings. This highlights the substantial return on investment and the strategic importance of DevX. 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 - Significant ROI: Investing in DevX can yield a 10x return. - Quantifiable Impact: Translate improvements into measurable business outcomes. - Business Accelerator: Align DevX efforts with business goals to drive growth. Let's continue the conversation on how to leverage DevX for business success. #DevX #DeveloperExperience #Innovation #SoftwareDevelopment #BusinessGrowth #ROI #platformengineers #PlatformCon2024 #TechLeadership
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Activation Rate: A Key Metric for Investor Analysis
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InvestPulse
investpulse.com.au
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