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Share Name | Share Symbol | Market | Type |
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Open Text Corporation | TSX:OTEX | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.21 | 0.52% | 40.36 | 40.20 | 40.88 | 40.36 | 39.77 | 40.15 | 208,601 | 18:14:04 |
Developer productivity and quality engineering has passed the tipping point of adopting generative AI to drive business success, says the 16th edition of the report
WATERLOO, ON, Oct. 22, 2024 /PRNewswire/ -- OpenText™, in collaboration with Capgemini and Sogeti (part of the Capgemini Group), today announced the findings of the 16th edition of the World Quality Report, "New Futures in Focus." The report reveals significant developments in Quality Engineering (QE), with a growing emphasis on the integration of Generative AI (Gen AI) and a notable shift in the skills required to excel in Agile development environments.
The World Quality Report 2024 surveyed organizations across various industries to capture the current trends in software engineering and developer best practices. Quality Engineering that was once defined as testing human-written software has now evolved with AI generated code. From the volume of code and test scripts that need to be generated, to how software chains have to be tested end-to-end, the need for redefinition of Quality Engineering is reshaping the focus and strategy of many testing and software engineering teams. The report emphasizes the increasing adoption of Gen AI and its impact on test automation, alongside the critical need for organizations to better align QE metrics with business outcomes to showcase its strategic value.
Key Findings from the Report Include:
"The insights from this year's World Quality Report emphasize the growing role of AI and emerging technology methodologies in Quality Engineering, but they also reveal a clear need for organizations to recognize and communicate QE's strategic value," said Muhi Majzoub, EVP and Chief Product Officer at OpenText. "As technology evolves, OpenText is dedicated to helping organizations integrate advanced software lifecycle management solutions with Gen AI while ensuring that Quality Engineering remains at the forefront of driving business success."
"Gen AI tools and solutions are clearly gaining adoption by quality engineers to assist them in their function and focus on higher-value-added tasks," said Mark Buenen, Global Leader, Quality Engineering and Testing at Sogeti. "This year's World Quality Report shows a striking shift with a large majority of respondents who are either actively using Gen AI in their QE processes or crafting implementation roadmaps. Beyond its proven impact on coding efficiency and quality, Gen AI has the potential to further accelerate the transformation of quality engineering and create new value for both clients and end users."
About the World Quality Report 2024:
Now in its 16th edition, the World Quality Report is an annual study that explores the latest trends, challenges, and future outlooks for Quality Engineering across industries. The report is based on extensive research and surveys with industry leaders to provide a comprehensive understanding of the software quality landscape.
World Quality Report 2024 research methodology:
The World Quality Report is the only global report analyzing application quality and testing trends. It has been produced annually since 2009. This year's edition has tracked and examined the most important trends and developments in Quality Engineering and Testing by surveying more than 1,750 senior executives across 33 countries and 10 sectors. The expert findings are complemented with commentary, examples and best practices from senior executives from various fortune 500 organizations, that participated in deep-dive interviews around these topics.
Download the full report at https://www.opentext.com/resources/world-quality-report-2024-25.
About OpenText
OpenText™ is the leading Information Management software and services company in the world. We help organizations solve complex global problems with a comprehensive suite of Business Clouds, Business AI, and Business Technology. For more information about OpenText (NASDAQ/TSX: OTEX), please visit us at www.opentext.com.
Connect with us:
OpenText CEO Mark Barrenechea's blog
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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website (https://investors.opentext.com). Such social media channels may include the Company's or our CEO's blog, Twitter account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication.
Copyright © 2024 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.
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SOURCE Open Text Corporation
Copyright 2024 PR Newswire
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