4 Trends to Watch for in the Software Development Space
Software development is growing at a breakneck speed, there are new concepts and ideas that are introduced every now and then, that it has become increasingly difficult for development agencies to keep up with the trends. Here are some of the trends that we consider to be game changers in the software development space in the future
Chatbots are getting a lot easier to build and a lot cheaper to deploy. They are easily becoming alternatives to customer support executives as it is cheaper than employing people 24/7 to answer repetitive questions, Chatbots are also used for lead generation, conversion and sometimes even for promoting your product.
Platform as a Service
Software as a service was a paradigm shift to the software development industry as it alleviated various troubles facing the industry such as piracy, security and updates. Platform as a service is a new approach to this that allows software developers to work on an environment. Google’s App Engine and OpenShift by Red Hat are examples for platform as a service or PaaS.
Infrastructure as a service or IaaS is a similar variant wherein, infrastructural services such as cloud storage and networks are available for customers to run virtual data centers; users will be able to deploy virtual servers and control their (virtual) infrastructure via it.
Software Escrow Services for Risk Mitigation
Instead of trying to save your mission critical software in a repository like GitHub where it could end up being open source or corrupted by rogue parties adding unauthorized alterations, software escrow services enable companies to keep their source code safe in a secure location managed by dedicated team. When you create an account with a software escrow, the source code involved is secured in that account and you can provide authorized access to other stakeholders involved.
As a growing number of customers are asking for software escrow services, to make sure that their investment is safe, it is bound to grow big in the coming years. Holding critical code in escrow makes sure that your software application will be available for your customers even during certain situations in which the parent company goes out of business. Proprietary databases and data sets can also be stored in software escrow.
The growth of artificial intelligence is seeing a tremendous increase. ANI systems have been around for sometime now, which include specific use cases such as a digital chess game, the google search box that suggests search terms etc. However with the increase in computer technology and the decrease in the cost of production, AGI seems a reality than just a concept.
This will definitely see a huge rise in the coming years.
I hope this article was useful for you to learn more about the trends that you can expect to boom in the software development space in the coming years. This is just speculation, and nothing can be said for sure when it comes to technology. If you have any doubts with regards to this, let us know through the comments and we will be glad to help you out. If you have any suggestions regarding how we can improve the article, let us know them through the comments as well for us to improve.
Do you have any other reservations against using a software escrow? Have you tried any other strategies and tools to make sure that a critical software for operation is not affected at any cost? What is your opinion on the state of the industry when it comes to SaaS businesses? Do you think it’s stable enough for small companies to flourish? Let us know through the comments.