5 Outsource Software Development Trends For 2018 Infographic
Nothing is static in the tech industry. Software developers are continuously coming up with new solutions and innovations. With that said, the trends that you adopted and gave you success in the previous years may not have the same impact on your business going forward.
1. Software Development For Business Development
Managing customers, assigning tasks, planning projects, monitoring workforce—these are the core functions of every business. Imagine carrying out these responsibilities manually? It's time-consuming and expensive. However, by outsourcing line-of-business software development (e.g. CRM, which stands for "Customer Relationship Management"), business executives can save time and focus time and resources on core company strategies.
2. Open Source
The term open source refers to something that can be modified and shared due to its publicly accessible design. It is not a new concept in the context of software development and, due to its timeless appeal, the demand for it increases every year. The good thing about open source software is that it promotes collaboration and sharing. Using and developing this type of software, as well as joining an open source community allows you to keep pace with technology and other key people across industries.
3. Machine Learning
A branch of Artificial Intelligence (AI), machine learning is the science of getting computers to act without being programmed. It can be found in applications such as facial and speech recognition, self-driving cars, web search, and is the future foundation for moderation. For machine learning to work for your business, it demands access to all available data sets and often requires vast resources to 'teach' the software, making it a prime selection to outsource. But why take advantage of this trend? Well, it can help you in recommending the right products/services to the right customers at the right time.
4. Internet Of Things
The Internet of Things (IoT) pertains to a network of Internet-connected objects that collect and exchange data with the use of embedded sensors. Although security and privacy have been the primary concerns as more devices are becoming connected, a Business Insider intelligence report predicts that by 2020, IoT devices connected to the internet will increase by more than 3 times. Businesses will be the first ones to adopt IoT solutions, followed by governments.
5. Game Development
It would not be surprising if software developers would want to become game developers, due to the continuous growth of the global gaming market. Research predicts that the gaming market will reach $102.9B in revenue by the end of 2017, with an 8.1% compound annual growth rate. The Asia-Pacific region is contributing 42% of the total industry revenue. Alongside this growth, the cost of developing a successful game is also increasing. Outsourcing is still the best way to reduce cost and find highly skilled developers fast.