What is The Market Size For Agile Software Development?

March 22, 2019
Agile Development Course

 

Agility means effective (rapid and adaptive) response to change, effective communication among all stockholder. In layman terms though, agility or Agile Development in software engineering means ensuring agility, flexibility, and adaptability in the agile development, maintenance, and working of a model, i.e. prototype. All these things are equally important while trying to build software. Before diving into how the Agile Development method works, let’s discuss a step by step approach to how software is built. This method uses the assembly of a cross-functional team, i.e. not just developers but different parties that look after various segments in the process. This not only ensures efficiency but also ensures that the customers get what they want and have more say in the making of the software. 

Some facts regarding the market expanse for Agile development.

  • Large enterprises are the likeliest to adopt agile development certification and techniques.
  • The presumption that agile is ideal for “edge” projects but not for large, mission-critical projects does not hold true anymore.
  • The criticism that Agile’s limitations for teams spread across disparate time zones can potentially be addressed by different agile methods.

For industry breakdowns, the leading agile adopters as of 2018 are:

  • High tech – 74 percent
  • Discrete manufacturing – 74 percent
  • Banking and finance – 65 percent
  • Retail – 63 percent

Many reports suggest that while agile is maturing, there are companies that are still not ready for this approach to software development. Agile is really about iterative cycles. When you put together agile with a minimum viable product approach, you have a considerable edge building relevant software that customers/users prefer to use. The logic of involving the stakeholders in development early and often is something that is difficult to argue against.

Many companies though are not culturally prepared for such a vicious cycle of revision. It’s not the agile methodology that lets them down, but the unwillingness to uproot stale processes. The unwillingness to drop traditional methods of software development are what holds back agile from taking over the market speedily.

Companies adopting Agile Development method
Bosch, a leading supplier of technology and services globally with more than 400,000 associates and operations in 60-plus countries, adopted this approach. At companies like Bosch and other agile enterprises, the visions and aims are ambitious, to say the least.  The leadership teams, however, fail to look at every single detail in advance. Leaders recognize and admit that they are often clueless about how many agile teams they will require, at what pace they should add them, and how they can address bureaucratic limitations without throwing the organization into complete chaos. 

So they usually bring forth an initial wave of agile teams, gather data on the value those teams create and the constraints they face, and then decide if they should take the next step and how they will go about it. This lets them weigh their options, i.e. the value of accelerating lightsomeness (in terms of economic results, client outcomes, and worker performance) against its prices (in terms of each money investments and structure challenges). If the upsides outweigh the costs, managers continue to scale up agile—deploying yet another wave of teams, unblocking constraints in less agile parts of the organization, and this is how the cycle is repeated.

If not this though, they can pause for a while to monitor the market atmosphere and also explore ways to increase the value of the agile teams already in the works (for example, by improvement of the priority level of work or upgrading capabilities to prototype) and bring down the costs of change (by publicizing agile successes or hiring experienced agile enthusiasts).

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