Whitepaper: The Business Benefits and ROI of Service Virtualization

Without fast, quality software testing, businesses are at risk. Fortunately, service virtualization makes testing easy and delivers ROI across multiple critical areas.

Learn how reliable access to a reliable, high fidelity test environment expedites testing and reduces business risk.

Download the whitepaper to get the details on the business drivers for service virtualization, plus ROI opportunities.

Key takeaways:

  • The real cost of quality
  • How service virtualization enhances speed and reliability
  • ROI drivers for service virtualization
  • The role of software across every conceivable industry has transformed entirely from a business process enabler to a competitive differentiator.
  • As a result, businesses must accelerate application delivery while reducing business risk.
  • Leading companies are overcoming this challenge with new simulation technologies such as service virtualization to shift quality efforts to the left. By testing software early and often, your team can identify defects when they’re the fastest, easiest and least costly to fix.
  • Using service virtualization, businesses achieve significantly faster time to market and reduced business risk.

Organizations that can increase the speed and quality of innovative software releases have the competitive upper hand, while those that can’t fall behind.

To get ahead, many businesses are evaluating ways to accelerate the SDLC to drive innovation through software. Fast is important, but there’s a balance between speed and quality when it comes to software delivery. The true cost of software quality isn’t the price of engineering. Rather, it’s the penalty or risk of failing to deliver.

According to Parasoft analysis:

  • Parasoft analyzed the most notable software failures in the last two years; each incident initiated an average -3.35% decline in stock price, which equates to an average of negative $ 2.15 billion USD loss of market capitalization.
  • Repeat offenders suffered an average -5.68% decline in stock price, which equates to an average of negative $ 2.65 billion USD loss of market capitalization.

While demands for fast, reliable software releases are high, so is the complexity of developing and testing. Because there are multiple dependent systems, staging a complete, realistic test environment is nearly impossible.

Service virtualization changes the game. It can simulate interactions between applications under test and its dependencies. This provides teams with unfettered access to the necessary dependent systems for exercising an AUT that may be unavailable or hard to access. Virtualized testing and development can proceed without accessing live systems.

  1. OpEx reduction

The reduction in operation expenditures is predicated around three major cost savings:

  1. Elimination of wait time
  2. Reduction of time needed to configure environments
  3. Reduction of access fees

    2. CapEx reduction

A physical staged environment is the only way to accommodate the complexity of an organization’s test environment. Expanding the staged environment requires additional capacity for acquiring, maintaining and configuring machines and licenses.

Service virtualization allows an organization to forego purchasing additional machines and licenses by using simulated test environments instead. The overall demand on the current staged test environment is significantly diminished.

  1. Risk reduction

When upstream process timelines are stretched, the cycle time allotted for testing activities is limited significantly.

Service virtualization delivers a simulated test environment, which means QA and performance testers can simulate missing or evolving system components in order to incrementally test applications earlier and more completely.

Additionally, development and QA can more easily keep up with the speed and cadence of agile method.

  1. Incremental top line revenue

Service virtualization speeds innovation by eliminating delays and providing the infrastructure for better testing. This results in higher quality deliverables.

Though incremental revenue can be difficult to calculate due to the array of conditions that impact the release and deployment of software, the qualitative benefits of service virtualization are clear:

  • Faster release cycles
  • Earlier time to market
  • Earlier start for the testing cycle
  • More opportunity for earlier revenue

To sum it up, with today's interconnected applications, a complete and realistic test environment is nearly impossible to stage. At the same time, without reliable access to a reliable, high-fidelity test environment, testing is delayed and business risk the following negative impacts:

  • Brand erosion as faulty software drives away customers
  • Delays in time to market which diminish market share
  • Exposure to legal liability associated with application failure (security, reliability, performance)

Service virtualization brings substantial opportunities for ROI in terms of OpEx reduction, CapEx reduction, risk reduction and incremental top-line revenue.

About Parasoft

Parasoft helps organizations continuously deliver quality software with its market-proven, integrated suite of automated software testing tools. Supporting the embedded, enterprise, and IoT markets, Parasoft’s technologies reduce the time, effort, and cost of delivering secure, reliable, and compliant software by integrating everything from deep code analysis and unit testing to web UI and API testing, plus service virtualization and complete code coverage, into the delivery pipeline. Bringing all this together, Parasoft’s award winning reporting and analytics dashboard delivers a centralized view of quality enabling organizations to deliver with confidence and succeed in today’s most strategic ecosystems and development initiatives — security, safety-critical, Agile, DevOps, and continuous testing.