It is not the strongest of the businesses that survive, nor the most intelligent that survives. It is the one that is the most adaptable to change. Believing in this theory of evolution, businesses are leveraging digitization, transforming the way legacy systems and operations are managed.
Building a software application is a complex process, comprising of a number of elements of which coding is just a small part. In general, a software engineering cycle looks something like this:
The insurance industry is overwhelmed with tedious clerical tasks that adversely impact routine operations, such as claim processing, underwriting, policy servicing, etc. As a result, there are delays, inaccuracies, and backlog, which needs to be settled timely, without violating the business regulations.
Software development methodologies have come a long way. From Spiral, Waterfall to Agile, there is a significant shift in team roles, ceremonies, planning, and delivery activities.
Virtual reality devices, AI assistants, multi-lingual translators, wearables, location-based services. A decade back, these technologies were something out of a sci-fi movie. But today, they are a reality and businesses are making the most of it to offer exceptional experiences to customers.
Whatsapp is the most popular messaging platforms with 1.6 billion active users on a monthly basis. Extending its real-time communication services to the next level, Whatsapp is enabling businesses to have seamless, secure interaction with customers.
Chatbots are one of the most versatile tools that businesses (irrespective of the industry) are using. They are enhancing customer support & services, process transactions, place orders, recommend new products, provide price alerts, share insightful information, book appointments, and more.
In the age of digitization, data has become the real driver of businesses. The data, collected from different sources is turned into information and further into an insight that helps businesses to thrive. But, as the data flows through multiple sources, it is difficult for the traditional, relational database to handle it.
GrubHub, AirBnB, Uber, Spotify, Zillow, Doordash. These are a few examples of successful businesses that have one thing in common- a creative software application. Today, it is hard to think of a business that goes without a software application. That is why, software development is a billion-dollar market, projected to reach $507B by 2020.
Digital transformation is the catchword these days. Amid the rising competition and market demand, it is critical for businesses to maintain agility. Thus, there is a shift from on-premises infrastructure to cloud for optimizing operational cost, build scalable solutions, improve disaster recovery & high availability, follow compliances, and more.