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Generative AI Improves Software Engineering Productivity By 70%, Ness-Zinnov Study Finds

By PR Newswire

PR Newswire
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BANGALORE , India , February 16, 2024 /PRNewswire/ -- Ness Digital Engineering (Ness) , a global full-lifecycle digital services transformation company and a subsidiary of KKR, and Zinnov , an international management and consulting firm strategy, jointly launched a comprehensive study titled “Harnessing  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 deploying GenAI at the engineering level. It is uniquely designed to help CTOs, CIOs, and CEOs understand the technological and psychological drivers of engineering productivity and the long-term ramifications for business and enterprise design. organization.

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

The study found that implementing generative AI not only increases productivity, but also enables deeply assisted context, enabling businesses to globalize work frictionlessly. This not only results in better business results, but also a completely transformed organizational design. Other key observations emerged:

  • 70% reduction in task execution time for updates to existing code : Engineers saw maximum impact when using features from the existing code base, resulting in reduced task duration. development cycle.
  • 48% reduction in task completion time for senior engineers : Senior engineers saw a reduction in task completion time and found they were using their time to better plan and support junior engineers.
  • Approximately 10% reduction in high code complexity tasks : Generative AI enables engineers to navigate complex coding scenarios with increased efficiency, contributing to faster and more accurate resolutions.
  • 70% improvement in engagement : By simplifying tasks and fostering a more collaborative and dynamic work environment, generative AI plays a central role in creating a positive and fulfilling work experience.

This shift challenges traditional organizational structures with a greater focus on expertise and efficiency that will be assisted by technology but controlled and decided by people. The result will be a new type of workforce, where domain expertise and problem-solving abilities will take precedence over technological skills.

Ranjit Tinaikar , CEO of Ness Digital Engineering, said  : “GenAI is poised to transform the software development landscape by delivering substantial productivity improvements and accelerating innovation cycles, ultimately accelerating entering market. However, its potential could be hindered if it is seen as just a code generation tool, a common misconception in software development. To fully harness the power of GenAI, we collaborated with Zinnov to understand the impact of GenAI on software development and its nuances. The study serves as a guide to the impact of GenAI on the product development process, organizational structures, employee engagement, learning and development. »

Pari Natarajan , CEO of Zinnov, said of the study : “Generative AI is now integrated into software engineering workflows in many organizations, helping with tasks such as generating case studies. testing, code refactoring, and identifying innovation 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 increased confidence from CTOs and IT directors in distributing development teams globally, with minimal impact on productivity. Additionally, the widespread use of generative AI has boosted employee morale, outpacing productivity gains. While the potential of generative AI is immense, its limitations are primarily due to hardware costs, energy consumption and regulatory constraints. »

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

About Ness Digital Engineering

Ness Digital Engineering is a full-lifecycle digital engineering company that delivers digital consulting through engineering services at scale. By combining our core engineering skills with the latest digital strategies and technologies, we seamlessly manage digital transformation journeys from strategy to execution to help businesses thrive in the digital economy. Ness is 100% owned by KKR, one of the world's leading investment companies. For more information, visit  www.ness.com .

About Zinnov

Founded in 2002, Zinnov is an international management and strategy consulting firm with offices in New York , Santa Clara, Houston , Seattle , Hyderabad , Bangalore , Gurgaon, Pune and Paris . Over the past 21 years, Zinnov has successfully advised more than 250 Fortune 500 companies to develop actionable ideas to help them accelerate their technology journey to create value – across the dimensions of revenue, transformation and optimization. With its expertise in digital engineering talent, digital transformation, innovation and outsourcing consulting, Zinnov helps its clients:

  • Structure and implement digital transformation levers enabled by technologies such as AI/ML, intelligent automation, the cloud, IoT, etc.;
  • Help international companies define and pilot their open innovation programs, design and manage acceleration programs, and enable collaboration with start-ups on specific use cases and predefined outcomes;
  • Grow revenue from business products and services in new markets through business intelligence, market entry and market expansion consulting;
  • Enable international companies to develop and optimize a global engineering talent footprint through the establishment of centers and accelerators - in an "as-a-service" model, as well as optimize their global portfolios, to improve R&D efficiency, innovation and productivity;
  • Advising global private equity firms in asset selection and target evaluation, commercial due diligence and value creation.

With its team of experienced consultants, subject matter experts and research professionals, Zinnov serves clients across numerous industries such as enterprise software, banking, financial services and insurance (BFSI) , health, automotive, distribution and telecommunications in the United States, Europe , Japan and India.

For more information, visit http://zinnov.com .

Logo : https://mma.prnewswire.com/media/2144213/Ness_Blue_Logo.jpg

First published on Fri, Feb 16, 2024

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