In the modern world the businesses have become more dependent on the IT technology and digital systems. The businesses are more data driven than ever before. This puts software and IT at the center point of any business. In Dubai and all around the UAE the markets are very competitive, the industries are very advanced and modernized. The customer trends are also changing abruptly and frequently. For any business with a long term goals and vision it is crucial to be prepared and responsive to all those changes. That is why businesses use a variety of software solutions to help them keep up with the ever-changing market trends. The software have revolutionized the businesses and their day-to-day operations. The automation is taking over gradually and the software and IT infrastructure have become a very valuable asset for any business. That is why the software development industry have also witnessed unprecedented growth across all fields.
From the HR department to strategy making, from manufacturing to supply chain management and from marketing to customer relationship management, all business functions require a software based IT infrastructure to support their daily operations and to maximize the output of the business processes. No matter how big or small your operations is or to which industry or sector you belongs to, the software based solutions are absolutely essential to compete in the market. All software can be classified as COTS (commercial off-the-shelf or ready-made software), MOTS (modifiable or modified off-the-shelf software), GOTS (Government off-the-shelf software solutions) and custom software development. For COTS, MOTS, and GOTS the software infrastructure is built for general purpose, however, it can be modified to meet specific needs of the customer in some cases. Whereas the customized software development is totally tailor-made software solution which is exclusively developed and designed to meet the needs of a specific group of users or a business.
Each software development type have its own merits and demerits however, the flexibility, control and excellent long-term ROI makes customized software development far superior than the others. That is why businesses in Dubai, UAE and all around the world are realizing the effectiveness and convenience of the customized software development resulting in huge growth in the market. When it comes to customized software development most of the time the businesses outsource them due to the limitation of the in-house IT department. That is why businesses need to acquire knowledge about customized software and the latest market trends to be able to build a great high-performance software solution. Here are the latest trends and most disruptive technologies in customized software development in 2022 and most likely these all trends& technologies will remain relevant for the 2023 as well as for several more years in future.
Cloud Technology
The cloud computing or virtual computing has proven to be one of the most disruptive technology which restructuring the IT landscape all around the world. According to a press release by Gartner the worldwide cloud market is expected to reach to USD 480 Billion by the end of 2022 which is almost 22% growth from the USD 396 Billion in previous year. With the increasing deployments of 5G technology all around the world, the cloud computing market is set to explode in coming years. The main reason for cloud adaptation is the rising needs of computing power, rising expense of traditional data centers and flexible and cost-efficient plans for the cloud computing. The biggest advantage of cloud computing is on-demand based services. Businesses can get the infrastructure as per their needs, and they have to pay only for what they need, no more bundles and packages or rented servers. Which makes cloud technology more cost-efficient.
Furthermore it provide huge storage capacities at a very cheap rates and the computing resources are also far superior then the traditional hosting.
Software Integration
There was a time when businesses were demanding only standalone systems and software. The integration was not as that popular because the standalone systems were enough. However, since past decade the markets have become more dynamic and changes are more abrupt. This requires excellent communication and quicker data processing. The market trends and the growing demand from the customer pushed businesses to develop inter-connected systems and more robust IT infrastructure. The integration enables different software to communicate with each other that also includes real-time data synchronization. The modern customer experience and customer expectations also demand interconnectivity at the user touch points. This compelled businesses to innovate more integrated and connected software solutions. The data that was previously stored on multiple isolated databases, is now available for all business functions instantly.
Some businesses use a centralized information center which gathers data from all connected systems and make it available whenever needed and wherever needed. This all is only possible with software integration. This trend is gaining more popularity in 2022 and in fact in some cases multiple organizations also integrate their software to enable automated and instant data communication across different organizational networks. The software integration will soon evolve from a popular trend to industry standard in coming years.
Progressive Web Apps (PWAs)
The progressive web apps are a based on certain technologies that can utilize both the website and the native app features. It can be viewed in a web browser like a simple web app or website and it can also be installed on the supported operating system and can also work offline. Furthermore the Progressive Web Apps are built on advanced software platforms that can enhance user experience by providing them both an app and a website like experience. The Progressive Web Apps can support push notifications, alerts and they can access the device hardware too which enable businesses to offer advanced features that add value and convenience to the user experience. Studies have revealed that the modern day consumers put user experience equal to the quality of the product. This makes customer experience a crucial aspect of the customer satisfaction strategy.
The PWAs are created using multiple technologies that allow them to provide excellent cross-platform compatibility without any trade-off or losing user experience. The progressive web apps are software that are designed to enhance the efficiency and user experience but this doesn’t make them expensive and sophisticated, in fact with just a small investment a business can gain huge advantages for its customers and employees which eventually translates to higher productivity and profitability.
Artificial Intelligence Based Software
The rise in cloud computing and super-fast and efficient hardware development and need to process huge data is encouraging businesses and corporations to adopt to Artificial Intelligence (AI). That is why businesses all over the world are funding research and development in the field of artificial intelligence. The use of Al (artificial intelligence), Smart Algorithms, Machine Learning and Artificial Neural Network (ANN) is increasing all around the world. But unfortunately in Dubai and other parts of UAE or in fact all around the world there is a common perception about the Artificial Intelligence (AI) that it is very expensive. The matter of fact is it really is very expensive, but still software developer can utilize them within their apps. The each business uses Artificial Intelligence (AI) as per their needs most commonly the AI based solutions are used to enhance user experience and to analyze large data more quickly.
The AI and algorithms can be programed to help businesses understanding trends, patterns and even making future projections on the bases of historical data. The latest hardware is capable of delivering lightning-speed data transfer rates, which makes it possible for the AI based software to work efficiently. The artificial intelligence has become essential part of the search engines, social media, communication and digital marketing platforms. Businesses can now develop intelligent software on very economical costs and with greater efficiency.
IoT Based Industrial Software
The IoT or internet of things is a network of things, which are physical objects. These objects are also referred to as smart things or smart equipment. These things can be connected to a mainframe where pre-programed algorithms control them and take decisions, the smart devices have ability to communicate with other devices as well as to work on their own or by the instructions from the mainframe or server. These devices are usually equipped with smart software, sensors and other mechanical features. The IoT is also known as smart home or office automation but its industrial application is rapidly increasing in 2022. We will see rise in IoT compatible software applications for both public and industrial sectors in the coming years. The use of IoT based devices in the industrial software and tools increase the work efficiency by automating data collection, processing and data analysis. Without the help of software these tasks require a lot of human resources with lesser accuracy.
Since upgrading an entire industry is a very expensive task and businesses often don’t do that. This compelled big technology manufacturers to develop intermediary devices which can act like a bridge between the older technologies and the newer ones. That is why the IoT based industrial software development has raised in 2022 and we are anticipating that the trend will increase in the coming years.
Blockchain and Web3 Based Software
The Blockchain and web3 is offering an alternate to the classical technology with more agility, transparency and security. Although the technology has been introduced in 2008 but in past few years it gain rapid adaptation by financial sector and many industries. It provide a de-centralized, secure and completely transparent platform which businesses have started using to upgrade their internal echo systems. Obviously when we read or hear Blockchain the first thing that came to our mind is Bitcoin, however, the Bitcoin, Etherium or any other crypto currency cannot exist without the Blockchain. Especially the application in the cyber-security and commerce are endless. Furthermore the financial sector, logistics, corporate sector and research institutions are heavily utilizing the potential of the Blockchain and web3 based custom software development.
Regardless of the industry the Blockchain and web3 are used to transform the business models and offering decentralized solutions with added benefits of security, transparency and ability to create more revenue streams. The technology is still in its infancy however, since the beginning of 2022 we are witnessing a huge increase in demand and the trend could continue for many coming years in future.
Low-code or No-code Custom Software Development Platforms
The low-code or no-code custom software development platform are gaining huge popularity since past few years and since the beginning of 2022 these tools are becoming more popular as the awareness about such tools has also increased all across the cyber world. The biggest advantage of utilizing a low-code of no-code custom software development platform is the independence and cost-efficacy. As hiring an in-house software development team or hiring a custom software development company is a very expensive feat. Businesses are diverting their attentions to the low-code or no-code customer software development methods and technologies. Again thanks to the advancements in the cloud computing and the artificial intelligence (AI) the low-code or no-code custom software development platforms become a possibility and also available for anyone worldwide.
Rather building a custom software from scratch and doing programing and source code the businesses can chose an appropriate platform that allow them to create customized software with the help of a very intuitive UI (user interface), mostly the drag and drop is enough to create a basic level web app or mobile application. The process is extremely quick and cost-efficient which is another reason of the increasing popularity of low-code or no-code custom software development platforms in 2022 and the trend will increase in coming years, even some market analysts are suggesting that almost 60% to 65% of the custom software could be done using these platforms by the end of 2024.
Conclusion
The custom software development provides much more flexibility, control and freedom comparing to the commercial off-the-shelf software solutions. That is why more and more businesses are now investing into customized software development instead of acquiring an off-the-shelf solution. However, many businesses and organizations in Dubai, UAE are not as that familiar of the potential of the customized software development. In this blog we have mentioned a few popular trends in the customized software development. These all trends are most likely to remain popular throughout the 2022 and for many more coming years in future. With the ability to tailor-made a solution 100% as per your needs can boost its efficiency and impact. That is why businesses can utilize the customized software development to bring in innovative solutions and ideas that can provide them much needed competitive edge. Competitive advantage and exclusivity could be a game changer for any business.
RSI Concepts is a leading brand name in customized software development in Dubai, UAE. If you want to learn more or if you want us to help you with your next customized software development project, please feel free to contact us through our Contact Us page or leave a comment in the comment box below and we will get in touch with you soon.
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