Latest Enterprise software development technologies
Top 7 Enterprise Software Development Technologies to Adopt in 2021
Here is the list of best software development technologies that can help in making better business plans,Internet of Things, Machine Learning, Artificial Intelligence, Bigdata. etc are currently the most growing software technologies in 2021. Read on to know how they can do wonders for your business.
Globalization has impelled start-ups, small and medium enterprises (SMEs), and other businesses to stretch arms and think beyond the old and traditional methodology and practices for software application development.
That being said, enterprise software has its own special set of priorities. The architecture must be scalable but cost-effective, secure but easy to use, and most of all it must deliver the kind of high-quality user experience that gets results.
Trying to balance commercial pressures with technical realities can be a challenge even for experienced developers.
What gives those experienced developers the edge is knowing the best tools for the job?
Each technology has different advantages and limitations; Using those whose strengths play into those business priorities leads to superior software.
This list of software development technologies would definitely help enterprises in making better plans and gaining a leg-up in the tough competition. Let’s quickly check out the most promising 2021’s software development technologies for your business:-
1) Big Data
The increasing employment in Big Data clearly indicates its success graph. As per Statista, this software development technology will reach approx. $103 billion by the year 2027.
As Big data comprises data-gathering strategies & wide range of analytics, it can be used to transform large amounts of raw and unstructured data into valuable information with ease.
The data can be taken from social media, emails, web/mobile applications, corporate sources, video/audio records etc. and used by different industry verticals for their business process.
This software development technology consists of various processing tools to provide benefits like improved customer experience, predictive analytics, accurate credit scoring, risk management, and efficient customer insights.
Apps Idea with Big data software development technology
Grading Systems, Career Prediction, Cyber Security, weather forecasting, Congestion management, Risk mitigation, Business clarity, Customer statistics alteration, Money laundering, Gender and Age Detection
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Big Data Application in top industry verticals
1. Energy & Utilities (Smart meter)
2. Transportation( Revenue management apps, Route planning, Traffic control apps)
3. Retail & trading (POS scanners, RFID, Customer loyalty cards)
4. Insurance(Customer behaviour insights, Claims management)
5. Education industry(Learning apps, Data security apps)
6. Healthcare industry(Real-time patient monitoring apps, Sentiment analysis apps)
7. Banking Apps(Financial activity tracker, NLP)
2) Blockchain
From the last two year stats, it can be seen that Blockchain has been greatly adopted in different industry verticals. This software development technology claims decentralized digital data record to provide secure data transactions without the involvement of third-party tools.
Almost every industry including agriculture, finance/banking, healthcare, logistics, manufacturing, trading & crowdfunding are leveraging benefits from this.
Blockchain has introduced smart contracts, Ethereum, Solidity platforms that can be written into code and automatically monitors its completion without involving intermediaries.
It is predicted by Statista, 55% of healthcare apps will get deployed with Blockchain integration for commercial use by 2025. Moreover, the blockchain market is expected to climb to over 23.3 billion U.S. dollars by 2023. The food & agriculture industry will leverage the maximum benefits from Blockchain.
Blockchain app ideas for business in 2021
Distributed Cloud Storage, Secure Payments, Proof-of-Provenance, Loyalty Programs, Smart Contracts, Digital Identity of passports, Voting security
Industry Apps With Blockchain
- Real Estate Apps (Ubiquity App)
- Supply-Chain Management apps(Food distributors, pharmaceutical enterprises apps)
- Ride-Sharing Apps (Uber, Ola)
- Apps for Government (Voting systems)
- Medical Records (Guardtime)
- Funds Transfer Apps (Abra, Bitwage, Coinpip)
3) AI & ML
Artificial intelligence and machine learning technologies are the most appealing one these days that should not come as a great surprise now. The wheel of innovation is already rolling on the path of success carrying ready-made platforms & libraries for data analysis.
Theano, Keras, AWS ML, TensorFlow are the big examples that software developers are using to develop AI & ML applications.
As per the recent survey by O’Reilly Media, 51% of European companies and 49% of American companies are heavily adopting Machine learning technology for their upcoming projects.
For massive businesses, the rise of AI as a service(AIaas) has brought machine learning to enable powerful features such as voice commands, chatbots, automatic search engine suggestions, and facial recognition.
No doubt, the combination of both software development technologies(AI & ML) will be greatly leveraged by enterprises in the coming months of 2021.
Top Ideas catering your AI & ML development needs
Sentiment Analysis, Image Recognition, Speech Recognition, Author Identification, Language Identification, Robot Control, Video Surveillance
Use Cases(AI/ML software development technologies)
- AI in the Healthcare Industry (Redivus Health, BillyScreen)
- Streamlined Manufacturing with AI (Codegreen Energy )
- Market Prediction Apps(FRED Economic Data, NetDania Forex)
- eCommerce apps (Alexa, eBay)
- Cybersecurity apps(LogRhythm, CrowdStrike )
- Chatbots (Recruitment chatbot, Erica)
- Education apps(Goodreads, Udemy)
4) Internet of Things
Internet of Things is one of the best software development technologies today which has connected the Internet to every next thing with each other. It allows exchanging data over the connected devices and enables them to be connected until the process gets over.
According to Gartner report, IoT devices will reach approx. 30 billion by 2021.
IoT can provide your business with IoT of benefits including less operational cost, enhance business growth, collect large amounts of data, inventory management without loss. Healthcare, construction, and telecommunication are the major sectors that will leverage the highest benefits in the future as per Statista.
App Ideas for IOT
Motor Speed Control, Weather Reporting System, Soil Moisture Detection, Remote Control Car, IoT Based Smart Mirror, Automatic Drawing Machine, Health Monitoring System, Surveillance Camera, Facial Recognition Door Unlock
Uses cases for IOT
- Retail and Supply Chain Apps (Amazon Go)
- Logistics solutions (thethings.iO, fleet management app)
- Agriculture IOT apps(Blossom)
- Automotive solutions (Cobra Code)
- Social applications (Pawscout Pet Finder)
- Healthcare and Fitness Apps (HERO)
- Home Automation solutions (Nest)
5) Mixed Reality
Mixed reality defines the combination of Augmented Reality & Virtual Reality which creates immersive environments with digital as well as physical objects interacting with each other in real-time. As per Juniper Research, the mobile market value of mixed reality will cost approx. $43 billion by 2024.
This combination will transform many industries including education systems, media & entertainment, healthcare industry, retail, military training & remote working area.
Various big brands like Deloitte, Ford & Volvo are using mixed reality to provide best user experience to their customers and to achieve excellence.
App ideas for mixed reality software development technologies:-
Theft Protection, Real-time Information Overlay, Training and Employee Education, Engineering and Design Modeling, create 3D paintings, amusing photo effects, gamify everything, navigate through new locations, try new clothes using app, Book Illustrations, Smart Home Design, Autocorrect Handwriting, Reading Pet Emotions
Important use-cases of Mixed Reality technology:
- Supply chain management(Toshiba, BAE Systems)
- Education sector (HoloLens devices)
- Automobile design (Ford, Renault Truck, Volvo and Audi)
- Media & entertainment (Arizona Sunshine, Form)
- Marketing & B2B sales
Two more on top software development technologies…
6) PWA
Progressive web applications are another trend you should be aware of. A PWA is a combination of a website and mobile application functionality that acts as a native solution. Offering users an immersive full-screen experience, it can be installed directly from the site and live on the smartphone’s home screen. So you don’t have to open the app store.
Improved performance, attractive user experience (UX), faster load time, and less data usage are the main advantages of PWA. Many world-famous companies and projects like Forbes, Twitter, AliExpress, Pinterest, Lancôme, etc. have already integrated PWA solutions.
Due to PWA integration, the organizations can achieve outstanding results such as 104% increase in conversions for new users, 82% increase in conversion rate for iOS users, 2 times more page views per session, 74% of increase in time per session.
Major business benefits of using PWA:-
- Enhanced user experience
- Improved performance
- Less data usage
- Faster loading time
Examples: Forbes, Twitter Lite, Flipkart, AliExpress, MakeMyTrip, Pinterest
7) RPA
Robotic process automation (RPA) is another software development technology that will change the business scenario in the future by reducing costs and increasing efficiencies.
It is the use of software to automate business processes such as application interpretation, transaction processing, data handling, and even email response. As per the Gartner report, the total spending on this technology will reach $2.4 billion in the year 2022.
Using this technology, the time as well as manual efforts for repetitive tasks can be saved. In this way, the human workforce can shift their focus on other higher-level activities.
Here are some best examples of Robotic Process Automation in practice:-
- Claims administration in insurance & healthcare sector
- Scheduling systems for healthcare appointments
- Fetch data from multiple sites to provide the best deal
- Expense management
- Processing of credit card applications
- Better help desk
- Help in the onboarding process
- Automated Data entry work
- Supports call center operations
Conclusion:
If you still have questions about whether your current business software solution meets modern cybersecurity standards, or if you think it lacks some technologies that can give you a competitive edge, I can help you out!
In this endeavor, opting for an authentic and reliable partner is highly important as it involves your data security as well. Being an IT consultant I would suggest you to hire expert enterprise app development company. You must try a few options, get the quote from them as per your requirements, and then compare and finalise them.
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Top 7 Enterprise Software Development Technologies to Adopt in 2020 was originally published in Becoming Human: Artificial Intelligence Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.
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