Computer Associates 2016 Annual Report Download - page 8

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6 CA Technologies Annual Report 2016
the process. We are focusing specifically on
bringing to market innovation that matters
and building solutions that are easy to
install, easy to use and easy to manage.
More than just a trendy buzz word,
Agile’s heritage reaches far beyond
software development and technology.
Its principles apply to just about every
industry vertical, reaching outside of
development organizations. So it should
not be surprising that we are embracing
Agile broadly, throughout the company,
not just within our product organization.
We expect the adoption of Agile will
accelerate the cadence and quality of our
product releases and accelerate our organic
development efforts.
Organic innovation remains our top priority.
Our ability to develop compelling net
new products and build upon previously
acquired technologies is paramount. This
is the hallmark of the best technology
companies in the world. That said, we
intend to simultaneously execute on our
M&A strategy. We will continue to be
thoughtful and disciplined with regard to
future acquisitions, the timing of which is
often dictated by our ability to successfully
integrate and maximize the value created
over time. We expect that, on average, we
will spend around $300 to $500 million
per year on M&A.
While the organization under our
Chief Product Officer (CPO) is intensely
focused on our current product-related
opportunities and challenges, our team
under our Chief Technology Officer (CTO)
is exploring Horizon 2 and Horizon 3
opportunities for CA. It creates a framework
and instills discipline to the way in which
we explore and consider next generation
technology trends and opportunities. The
result of these efforts should yield net
new organically developed products
or compelling new features to existing
products. This organizational structure
provides a venue, within a cost envelope,
to be more boldly innovative, focused and
creative in the way we view and approach
emerging technology trends.
We believe that our increasing agility,
our collaborative nature and the fostering
of a creative environment is better
In FY16 we returned over
of capital to shareholders in
the form of an annual dividend
and share repurchases.