Over 50% of Software Producers Utilize AI Coding Assistants, Finds Bain & Company Study
The growing utilization of AI in software development is revolutionizing the market, according to a recent study conducted by global consultancy firm Bain & Company. The study reveals that over 50% of software producers are implementing coding assistants based on generative artificial intelligence (Gen AI) models in their companies.
Among the surveyed software producers, 57% have officially implemented or are in the process of implementing AI coding assistants. Additionally, 33% of the companies reported that their developers are independently using these solutions. Only 7% of the surveyed firms have not yet adopted AI technologies for software development, while a mere 3% reject their usage altogether.
AI coding assistants are cutting-edge tools used during code creation and testing stages. They assist programmers, speeding up the code writing process and enhancing its safety.
A significant majority of the companies utilizing AI coding assistants, 75% to be precise, expressed satisfaction with the outcomes. Within this group, 35% reported that generative AI met their expectations, while 40% stated that it exceeded them. Only 8% of the respondents found the technology to be inadequate.
The primary benefit mentioned by 76% of the participants was the accelerated time-to-market for their products. Quality improvement of the code was highlighted by 63% of the respondents, followed by a reduction in costs, mentioned by 58%. Other advantages included streamlined testing processes (39%) and improved documentation (31%).
Paweł Szreder, a partner at Bain & Company, emphasizes the significant increase in developers’ productivity as one of the most crucial aspects of AI coding assistants. These tools not only enable faster code creation but also help identify errors, leading to fewer corrections and an overall elevation in software quality.
The study also reveals that AI adoption extends beyond software companies, with businesses from various sectors increasingly employing AI-driven tools. Improved customer service through conversational interfaces and coding assistants are particularly prevalent in other industries. The systems integration field has seen the highest adoption rate, with 90% of companies using AI technologies at least once, followed by marketing and advertising, at 86%.
Bain & Company suggests that early adopters of AI technologies in software development gain a competitive edge in the industry. The benefits of these tools are far-reaching, from accelerating time-to-market to enhancing code quality and reducing costs. As AI continues to advance, the advantages provided by these solutions are expected to further transform the software development landscape.
In conclusion, Bain & Company’s study reveals that more than 50% of software producers are embracing AI coding assistants, driven by the desire for faster product launches, improved quality, and cost reduction. As the market continues to evolve, the use of generative AI models and coding assistants is expected to play an increasingly pivotal role in software development processes.
