CA Technologies CEO to Business Leaders: Harness the Power of Disruption or Become Obsolete
CA Technologies (NASDAQ: CA) CEO Mike Gregoire opened CA World ’15 by focusing on the changing timescales of innovation in the business landscape, and called on companies to harness software as a basic organizing principle of their businesses to stay relevant in a fast changing world.
The Challenge of Our New World is Speed
Gregoire said it is imperative that companies use software to correctly identify and leverage waves of innovation before they pass by. The “application economy” demands that businesses are agile, use application programming interfaces (APIs) and implement DevOps and invest significantly in security. People who can catch the wave of innovation and channel the power of disruption to deliver the fastest solutions in our new digital world will prosper. Those who rest easy will no longer be in business.
“Fifteen years elapsed between the introduction of the personal computer in 1978 and the first Internet browser in 1993. From the Internet browser to Facebook took only about 9 years. And this rate of ‘innovation compression’ is getting faster. The first true smartphones came out in the mid-2000s. It took only five years for the sharing economy to appear. You have to catch the wave when it hits – or risk being left behind. The window of opportunity to surf the wave is getting shorter. History books are filled with tales of big companies that were once stalwarts… but misjudged the rate of innovation compression. Today innovation is incredibly democratic – and fast. And it radiates at an exponential pace,” he said.
Software as an Organizing Principle
Gregoire asked the audience: “How do you take the power, the connectivity, the innovation available and turn it into better products and services?” His answer? Software.
“Not software simply as a technology product. Instead, software as a basic organizing principle for your business. Software with the ability to become a lever to innovate and grow. Software allows scale, reduces friction, adds speed. Software creates completely new business models,” he said.
The Power of Agile
As a key piece of digital transformation, CA Technologies is betting big on agile development, Gregoire said. “We see Agile as being central to success. Not just for developers but for all businesses that need to succeed in today’s Application Economy. It is central to digital transformation.”
CA’s Renewed Focus and Strategic Approach
Gregoire detailed CA’s renewed focus on delivering leading products, led by the strategic hiring of Otto Berkes as Chief Technology Officer from HBO and Ayman Sayed as Chief Product Officer from Cisco.
He said, “Today, analysts rate our offerings as leaders in many of the categories in which we compete. We’ve increased our investment on Research & Development. At the same time, we have acquired the best technologies to augment our existing portfolio solutions. I’m incredibly proud of our progress, but we are not satisfied. We are committed to raising our game. There is no finish line in customer service.”
At the conference, CA unveiled new products and enhancements across its portfolio spanning DevOps, Agile Management, Security and Mainframe. These announcements reflect CA’s commitment to delivering solutions that help customers operate with agility and accelerate their pace of transformation.
Following the keynote, Gregoire joined special guests Fareed Zakaria, Steven Kotler and Peter Diamandis on stage for a panel on disruption and its impact on today’s world. To view the keynote live or as a replay, register here.
About CA Technologies
CA Technologies (NASDAQ: CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.