      ICONIQ Capital · 2024-06-01
      · 733d
    

The State of Engineering 2024: R&D Investment, Developer Productivity, and DevOps Maturity

ICONIQ's comprehensive report analyzes modern engineering organizations in 2024, focusing on R&D spending, developer experience, DevOps maturity, and AI's impact. Key findings reveal that developer productivity requires holistic measurement frameworks, platform engineering adoption is rising, and AI integration is becoming table-stakes for engineering teams. Engineering leaders across three priority areas—developer productivity, DevOps evolution, and innovation—are implementing structural and cultural changes to improve efficiency.

5 metrics· Cited 0× in the knowledge base ·Open source ↗

Metrics in this report

AI Hiring Plans

35-45%

approximately one-third

engineering leaders planning AI-related role hires in 2024

CI/CD Tool Evaluation or Implementation Rate

98%

nearly all

companies by $250M revenue

CI/CD Tool Full Implementation Rate

76%

majority

companies at $250M revenue range

Testing Results Frequency - Most Companies

weeklyfrequency

typical

most companies surveyed for CI/CD integration results visibility

Testing Results Frequency - Top Performers

multiple times dailyfrequency

up to

top performing companies with automated testing