Large-scale businesses need to invest resources in technologies and software that optimizes their internal operations. The centralization of business operations in the 21st century is crucial for companies. The need to automate the knowledge and processes across all the departments has led companies to adopt Enterprise Software Development. The main agenda of this software is to increase productivity and improve the efficiency of operations.
According to Gartner’s research, corporations have started to invest more in Enterprise Solutions to centralize business operations. As per statistics, global spending on enterprise software will increase by approximately 10.8% and reach $516.9 billion by the end of 2023.
Top Enterprise Software Development Trends
- Low Code / No Code: The low code platforms allow non-tech people to develop apps with a drag and drop approach. How ever is no-coding trend seems to rise as well. No-coding would not require code to develop an app. By the end of 2023, the no-code market will grow by 28.1 %. More Over the forecasts say the market could reach $45.5 billion in 2025 from the current revenue of $13.2 billion.
- Artificial Intelligence: AI continues to make progress in the IT sector. More over malicious threats cannot go unnoticed in the presence of alI. The companies that focus on cybersecurity can benefit from the application of AI in their Enterprise Software Development.
- Cloud Computing: The almost 40% working of Enterprise Software Development rotates around cloud computing. The value of cloud-based apps has reached over $150 billion. The restrictions of on-premise infrastructure have led companies to shift to cloud-based solutions.
- Micro-Services: It is a new approach to follow in Enterprise Software Development to assemble apps in lightly added services. These micro-services can work as a plug-in for Enterprise applications that users can utilize as per their needs.