Let's rise and offer a toast to Augusta Ada King,1 the Countess of Lovelace. More commonly known as "Ada Lovelace," the brilliant English mathematician is credited with creating a computer algorithm to power Dr. Charles Babbage's "Analytical Engine."
Two centuries later, computer code — famously framed by MIT professor Nicholas Negroponte's 1995 best-selling book Being Digital — is embedded in all aspects of our personal and business lives. Yet, few chief information officers or senior IT executives are empowered to do much about this development. The reason: only 10% of senior business leaders perceive IT to be a "business game-changer."2 As such, most companies are unable to "compete on code," a development that in many ways is driving the most significant transformation of business since Adam Smith's 1776 manifesto, The Wealth of Nations.