RELEASE: Ness-Zinnov Study: Generative AI improves software engineering productivity by 70%

(Information sent by the signatory company).

RELEASE: Ness-Zinnov Study: Generative AI improves software engineering productivity by 70%

(Information sent by the signatory company)

-Generative AI improves software engineering productivity by 70%, according to Ness-Zinnov study

BANGALORE, India, Feb. 15, 2024 /PRNewswire/ -- Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company and a subsidiary of KKR, and Zinnov, a global management consulting firm and strategy, jointly launched a comprehensive study titled “Leveraging the Power of Generative AI (GenAI) in Transforming Software Engineering Productivity.” While productivity is a known outcome of GenAI initiatives, this study measures actual productivity gains resulting from GenAI implementation at the engineering level. It has a unique framework to help technology, information, and product managers understand the technology and psychological drivers of engineering productivity and the long-term ramifications on business and organizational design.

Using Ness' proprietary Matrix platform to collect data, the study involved more than 100 software engineers in use cases and development settings and an in-depth analysis of engineers' real-world experiences in live engineering environments.

The study revealed that implementing generative AI not only increases productivity but also enables deeply assisted context, allowing businesses to globalize work in a frictionless manner. The implication of this is not only better business results but a completely transformed organizational design. Other key observations that emerged were:

This shift challenges traditional organizational structures by focusing more on experience and efficiency that will be assisted by technology, but controlled and decided by people. This will mean a new type of workforce, where field experience and problem-solving capabilities will preside over technological skills.

Ranjit Tinaikar, CEO, Ness Digital Engineering, said, "GenAI is set to transform the software development landscape by delivering substantial improvements in productivity and accelerating innovation cycles, ultimately accelerating time to market. Without However, its potential could be hampered if it is perceived strictly as a mere code generation tool, a misconception prevalent in the software development space. To fully leverage the power of GenAI, we collaborated with Zinnov to understand the impact of "GenAI in software development and its nuances. The study serves as a guide on the impact of GenAI on the product development process, organizational structures, employee engagement, learning and development."

Commenting on the study, Pari Natarajan, CEO, Zinnov, commented, “Generative AI is now integrated into software engineering workflows in many organizations, helping with tasks such as generating test cases, refactoring code, and identifying opportunities. This study validates the belief that generative AI complements, rather than dictates, workflows, facilitating frictionless knowledge sharing and unlocking the true value of globalization. This has led to greater trust among technology and information managers to distribute development teams globally, with minimal impact on productivity. Additionally, the widespread use of generative AI has boosted employee morale, outweighing productivity gains. “While the potential of generative AI is enormous, limitations primarily come from hardware costs, power consumption, and regulatory limitations.”

To download the study – www.ness.com / www.zinnov.com

Acerca de Ness Digital Engineering

Ness Digital Engineering is a full lifecycle digital engineering company offering digital consulting through scaled engineering services. Combining our core engineering competency with the latest in digital strategy and technology, we seamlessly manage digital transformation journeys from strategy to execution to help businesses thrive in the digital economy. Ness is wholly owned by KKR, one of the world's leading investment firms. For more information visit www.ness.com.

About Zinnov

Founded in 2002, Zinnov is a global strategy and management consulting firm headquartered in New York, Santa Clara, Houston, Seattle, Hyderabad, Bengaluru, Gurgaon, Pune and Paris. Over the past 21 years, Zinnov has successfully consulted with more than 250 Fortune 500 companies to develop actionable insights to help them accelerate their technology journeys to create value, across all dimensions of revenue, transformation and optimization. With core expertise in digital engineering talent, digital transformation, innovation and outsourcing advisory, Zinnov helps clients through:

With its team of experienced consultants, subject matter experts and research professionals, Zinnov serves clients across multiple verticals including enterprise software, BFSI, healthcare, automotive, retail and telecom across the US, Europe, Japan and India.

For more information, visit //zinnov.com.

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