According to the IBM CEO Study, a survey of more than 1,500 Chief Executive Officers from 60 countries and 33 industries worldwide, two-thirds of global organizations manage software development teams working in multiple locations. Additionally, the study found there is a growing unpredictability in getting software through development and into its full application within an organization. More than 62% of development projects fail to meet the intended schedule and 30% of project costs are due to rework and poor execution of requirements.
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IBM Introduces New Offerings to Accelerate Global Software Development