Is it really beneficial to get a Certified Appliction Architect when you have decent work experience ? How does getting CAA really help in the career ?

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I suppose it's all relative. Can you demonstrate expertise (in your resume and verbally) in all of the areas that designation covers - programmatic* and declarative tools, data architecture, security & sharing architecture? I've seen a decent number of devs who don't know the declarative side or data modeling; admins who don't know programmatic; and consultants who don't know sharing (because they work more in new implementations than live systems).

Of course, a certification doesn't guarantee you know those things well. But it at least suggests you've made an effort to become well-rounded, if lacking concrete experience in some of the key areas.

*You don't need to be professional developer-level on the programmatic side as an Application Architect; you do need to understand the basics of how code works/what it does/how to execute and deploy finished code + unit tests on the platform.

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Personally, I felt following the PD1 trailmix + FoF exams to prepare for the cert was enough. The key, though, is to really focus on performing the hands-on exercises, like running anonymous apex, executing tests and deployments, etc.

I'm working on the Integration Architect content similarly and it's definitely filling in some gaps as far as what the developers I lead "do" - using Postman and such.

I do have it on the list to become more proficient as a coder, but it hasn't been a limiting factor for me to this point, so I've gotten more value out of going broader on knowledge rather than deeper on that topic.

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It doesn't really. Go for system arch instead. Certs open some conversations that you might not otherwise get. Once you're in a convo it's about your actual skills and experience.

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