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Test Automation in Financial Firms Increased by 40% in 2018, Says Wipro

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Wipro has released its annual State of Quality report, highlighting the key trends in the quality assurance industry for 2018. According to the systems integrator, the latest edition of the report is based on data from over 1,500 QA projects across 400 global organisations. The report notes that financial services made great strides in test automation last year. Automation in the BFSI sector increased 40.62%, ahead of automation rates in manufacturing (35.71%), healthcare (34.61%) and energy, natural resources and utilities (33.33%). Financial services also reported the highest rate of agile adoption, with 50% of businesses in the sector saying they have adopted agile principles. The report notes that as rates of automation increased, so did innovation. This is indicated by a sharp rise in both Release count and Agile velocity  – two metrics that Wipro uses to measure innovation – which correlated with increases in automation. However, big data remains a challenge. According to the report, over 80% of organisations involved working with big data reported that 1) Creating end-to-end big data automation is a challenge given the diversity in technology and application landscape, and 2) When it comes to the skills required, most companies say that Big Data testers have a limited understanding of the components of the ecosystem. In particular, test data management is a key issue on executives’ minds. The report highlights that 86% of businesses struggle with test data management. Only 5% reported that they were able to obtain the test data they needed within one to three days. The State of Quality 2018 can be downloaded from Wipro’s website.