Software Engineering Insights

Corporate training is an absolute necessity for businesses today. It is known to significantly improve net income per employee for businesses, along with productivity, morale, and retention of employees. As a result of the benefits that corporate training and development programs offer, Learning Management Systems (LMS) are gaining ground with the global LMS market expected to reach $19 billion by 2022.

eLearning is certainly the biggest hype during the COVID-19 outbreak. The education system, which is affected by the no-physical-movement is switching to at-home, online learning solutions. There are different ways education is delivered to the learners and Edtech businesses are cash in on it. 

Whether a six-second bumper ad or a multi-minute compilation, videos have an amazing power to engage online audiences. Video marketers say that video content helps them with lead generation, gives them a good ROI, helps in increasing website traffic, and improve sales. 

Virtual classrooms are the only way out for educational institutions to diminish the impact of COVID-19 pandemic on education. The digital era of education has pushed learnings beyond books, lectures, and talks. Explanatory videos, live sessions, challenges, contests, and rewards have made learning more engaging for learners as well as tutors. 

Outsourcing is a practice that a lot of companies have adopted in the past few years. The primary objective of outsourcing is cost reduction. Companies are constantly on the lookout for reliable technology partners to add value to their projects. Nowadays companies have various additional motives for implementing the practice. 

The world is fighting a pandemic for which the governments across the globe had to shut institutions that were coming in the way of implementation of social distancing norms. This led to a temporary closure of physical establishments for commercial complexes, educational institutions, non-essential retail stores, and a vast number of companies had to shut their office premises and provide its employees with the facility to work from home.

The Over-the-Top (OTT) market is thriving. Globally, online streaming service subscriptions have grown from 150 million in 2014 to over 600 million in 2019. Subscribers are expected to grow to 1.1 billion by 2021.

Online videos are a go-to source for entertainment, inspiration, education, information, and a lot more. With videos gaining ground, different platforms to stream videos are brought to market to reach the viewers. Video-on-Demand (VoD) and Live Streaming apps are two of them. 

Despite COVID-19 bringing many lives and businesses to halt, there are several tools and apps that are helping to escape the challenges. We can say, Over-the-Top apps are one of them.

The software industry swears by the iterative approach to development. That is why Agile and its frameworks are the favorites of a project management team. Amongst the various Agile frameworks that are available for project management, Scrum, so far, has proven to be the most efficient one.