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Stripe, which has a payment platform, researched the role of software developers in the broader economy. According to Stripe, the inefficient use of developers will cost British entrepreneurs nearly $100 billion over the next decade. The crux of the problem is not so much with the developers themselves.

Stripe’s research shows that developers are reluctant to maintain existing IT infrastructure. According to the study, the fact that they spend more than seventeen hours a week on them means that there is much less time left for strategic projects that could help with innovation within the companies they work for.

Maintenance and troubleshooting

Many companies are now in fact tech companies, no matter what industry they are in. That’s because they somehow rely on digital processes to get things done. This is problematic somewhere, because according to Stripe, too many companies still rely on legacy systems, which means that developers spend a lot of time on maintenance and troubleshooting.

There is no immediate solution. Migrating to other systems is very expensive and a time-consuming task. Money and time are two factors that companies pay attention to and therefore do not just spend or invest in these kinds of large projects. In addition, companies often do not realise how important IT is.

Brexit also causes problems

It is also striking that according to Stripe, the Brexit could cause problems. At the moment, 68 percent of British companies are already struggling to find developers. So far, some of the people attracted have come from the European Union. But because of the Brexit, the United Kingdom is a lot less attractive to come to.

According to Stripe, there is even a real exodus of European staff from the United Kingdom. From fruit pickers to nurses, to software developers: they all seem to stay away or leave. These problems could only get worse with the Brexit March next year.

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.