The business world in 2024 is under tremendous pressure due to soaring inflation. Due to which business owners are finding it challenging to handle tight budgets while trying to achieve higher returns on investments with fewer resources.
But the good news is that despite the economic slump, businesses are opting for software development company in India . They recognize the need for digital transformation amid the changing market trends.
One method to remain ahead is to keep up with the newest software development trends! Exploring these patterns can help company leaders gain a better understanding of the future and make the greatest use of the resources at their disposal.
Top 10 Software Development Trends
Progressive Web Apps (PWA)
Since its launch in 2015, PWA has advanced considerably. PWA has begun to get the recognition it deserves, since mobile device usage has risen in recent years. As a result, developing a user-friendly mobile application has become a great way for business owners to save development costs.
Example – Pinterest wanted to revamp their reach more effectively. After a careful analysis, they found areas for improvement and decided to upgrade. They decided to rebuild their website with React Native and converted it into a PWA, resulting in a drastic change – The average spending time on the app increased to 40% and 44% sharp increase in advertising revenue.
Blockchain
Blockchain technology has introduced a higher level of security, transparency and decentralization. It provides efficient and faster transactions by reducing the time needed for verification and settlement. Blockchain has also gained popularity in different industries such as healthcare, distribution and manufacturing.
Example – IBM Food Trust is a prime example of how blockchain has revolutionized software development in the supply chain industry. This platform has used blockchain technology to enhance food safety. By offering transparency and efficiency, all participants in the supply chain were able to view the same data and automated processes were able to reduce the paperwork.
IoT (Internet of Things)
IoT has transformed software development by enabling devices to connect, gather, and exchange data, resulting in increased efficiency, automation, and decision-making processes. IoT devices serve to bridge the gap between the physical and digital worlds. This has helped to increase visibility into our everyday actions.
Example – Companies like Google have used IoT to develop products such as Google Nest, which are smart home gadgets. These smart home gadgets are used to manage lights, thermostats, cameras, and alarms and may be readily accessed by mobile app. Customers may simply regulate their home environment with IoT devices.
Low Code Platforms
These platforms come in handy if you want to create an app with minimal coding. It helps businesses to turn their ideas into reality within a limited budget. Low code also offers pre-built components to build different parts such as the visual interface, therefore reducing the need for intensive coding.
Example – Tysers Insurance Brokers is a prominent insurance broker based in the UK. They faced challenges with their manual processes making it difficult to respond to their customers. To tackle this, they used a low code platform called Out Systems to streamline their workflows. As a result, they increased their efficiency by quickly responding to customers’ needs.
React Native
As React Native continues to thrive in today’s world, it’s unparalleled ability to create cross functioning apps has been a boon for developers globally..OrangeMantra is one of the trusted react native app development company .It’s become a preference for creating a hybrid model and ensures a native like user experience.
Example – Companies like JPMorgan Chase use React Native for their mobile banking applications. They created a hybrid app so that they could have a wider reach. This hybrid app offered the same features as transactions, push notifications and customer care for both iOS and android.
Artificial Intelligence (AI)
Ever since AI became an accessible tool it has helped businesses by automating tasks, improving quality code and providing predictive analysis. AI tools and techniques streamline various stages of software development.
Example – Github partnered with OpenAI to create Github Copilot, an AI powered completion tool. This tool assists developers by suggesting code snippets. This has helped developers tremendously as it supports different programming languages, reduces repetitive tasks and enhances productivity.
Cloud Computing
When Covid 19 hit, companies suffered and had to lay off employees. When they shifted to a remote workspace, they also experienced a huge shift in IT. Cloud computing has significantly transformed software development by enhancing collaboration and reducing costs.
Example – Netflix used AWS as their cloud provider to enhance their software development and delivery process. They wanted to manage a large amount of data to deliver a seamless viewing experience. AWs has helped Netflix with advanced security features and dynamically scale their infrastructure based on user demand.
Microservice architecture
Microservice architecture breaks down applications into smaller and independent services that communicate with each other. It becomes easier to update these smaller parts without affecting the entire application. Companies such as Netflix and Amazon have used this architecture, leading to more businesses using it.
Example – Netflix has used this architecture to scale specific components independently. The continuous deployment has helped them to release features multiple times a day without having to worry about downtime.
Serverless Computing
Also called Function as a Service (FaaS), allows developers to create applications without having to manage infrastructure leading to better efficiency. Developers can focus on writing code rather than managing infrastructure. Serverless computing also helps in iterating and releasing new features without having to worry about infrastructure constraints.
Example – Coca Cola needed a solution to manage its network of vending machines. They wanted to collect and process data from these machines to improve maintenance schedules and enhance customer experiences. They used a serverless computing system using AWS Lambda to create a responsive and cost-effective vending machine, enhanced customer experience and were able to process data to generate insights.
Conclusion
These current software development trends can help your business expand. Trusty programming languages such as Java and Python also continue to be in the forefront of software development despite these trends.
If you want to implement these trends in your business, then we got you covered. OrangeMantra is a well-known software development company based in India. They have a team of skilled developers who are trained in different programming languages and can easily implement these trends as per your business requirements. Contact them now to know more!
