Progress announced the latest release of Progress® Semaphore™, its metadata management and semantic AI platform.
By 2028, 75% of enterprise software engineers will use AI code assistants, up from less than 10% in early 2023, according to Gartner, Inc.
63% of organizations are currently piloting, deploying or have already deployed AI code assistants, according to a Gartner survey of 598 global respondents in the third quarter of 2023.
AI code assistants enable more capabilities that go beyond code generation and completion. They are collaborative assistants that improve developers’ efficiency by stimulating brainstorming and increasing code quality enhancements which empower developers to continuously upskill and build proficiency across programming frameworks. The enablers offered by AI code assistants lead to increased job satisfaction and retention, thereby saving the costs associated with turnover.
"Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants," said Philip Walsh, Sr Principal Analyst at Gartner. "However, traditional ROI frameworks steer engineering leaders toward metrics centered on cost reduction. This narrow perspective fails to capture the full value of AI code assistants."
Reframing ROI Conversations Is Critical to Capture the Full Value of AI Code Assistants
Traditional ROI frameworks fail to capture the full value of AI code assistants. To build an effective value story extending beyond traditional ROI metrics, software engineering leaders must reframe the ROI conversation from cost reduction to value generations.
"Calculating time savings on code generation is a good place to begin building a more robust value story," said Walsh. "To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyze the overall return to the organization."
Industry News
Elastic, the Search AI Company, announced the Elasticsearch Open Inference API now integrates with Anthropic, providing developers with seamless access to Anthropic’s Claude, including Claude 3.5 Sonnet, Claude 3 Haiku and Claude 3 Opus, directly from their Anthropic account.
Broadcom unveiled VMware Cloud Foundation (VCF) 9, the future of VCF that will accelerate customers’ transition from siloed IT architectures to a unified and integrated private cloud platform that lowers cost and risk.
Broadcom announced VMware Tanzu Platform 10, a cloud native application platform that accelerates software delivery, providing platform engineering teams enhanced governance and operational efficiency while reducing toil and complexity for development teams.
Red Hat announced the general availability of Red Hat OpenStack Services on OpenShift, the next major release of Red Hat OpenStack Platform.
Salesforce announced new innovations in Slack that make it easier for users to build automations, no matter their technical expertise.
GitLab announced the general availability of the GitLab Duo Enterprise add-on.
Tigera now delivers universal microsegmentation capabilities with Calico.
Tabnine announced a new platform partnership with Broadcom Inc., an integration with IBM, as well as continuing extensions of existing partnerships with Amazon Web Services (AWS), DigitalOcean, Google Cloud, and Oracle Cloud Infrastructure (OCI).
Wallarm released API Attack Surface Management (AASM), an agentless technology to help organizations identify, analyze, and secure their entire API attack surface.
LambdaTest launched KaneAI, an end-to-end software AI Test Agent.
Kubiya has closed its $12 million seed round with a $6 million extension of equity and debt financing and launched a paradigm-breaking new platform, AI Teammates, that enables true delegation of complex tasks to digital colleagues through organic, human-like conversations.
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced the schedule for KubeCon + CloudNativeCon North America 2024, happening in Salt Lake City, Utah from November 12 – 15.
Diagrid announced the latest version of Dapr, a Cloud Native Computing Foundation incubating project maintained by Diagrid, Microsoft, Intel, Alibaba, and others, as well as an update to Conductor, a Software as a Service (SaaS) that helps manage, upgrade, and monitor Dapr on Kubernetes clusters.
Spectro Cloud announced two new formal recognitions of its strengthening position in the government technology space: the Government Software competency from AWS, and ‘Awardable’ status on the CDAO Tradewinds Solutions Marketplace for AI/ML solutions at the tactical edge.