Top 5 Reasons Companies Become Agile
Ninety-five percent of companies are adopting agile approaches for building products (according to the 10th Annual State of Agile Report). Industries outside of software now make up the majority. Companies want to become agile because agile values and principles:
- Ensure customer satisfaction by frequently delivering working functionality.
- Fully empower cross-functional and self-organizing teams to build what their customers want.
- Rely on simple, low-fidelity communication (e.g. physical collaboration tools, face-to-face communication and collocation) to optimize team collaboration.
- Require simplicity and removal of wasteful activities.
- Use feedback loops to continuously inspect and adapt functionality and process.
The benefits of agile adoption are real, and some are immediate. But complete agile transformation typically takes at least 1-3 years. The top five reasons companies make such an investment include 30-40% faster time to market, 30-70% cost savings, greater flexibility for mid-stream changes, higher quality and greater transparency.
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