Software Engineering Insights

Over time, there has been an astronomical rise in the number of ways Artificial Intelligence can be utilized for the betterment of everyday lives. The technology is almost everywhere- in traffic predicting Google Maps, in video surveillance cameras, in face recognition apps, in speech recognition & language translation solutions, etc. In fact, AI is one of the trending technologies during the COVID-19 pandemic.

With the changing consumer behaviour and desires, the lines between the industries such as retail, fashion, fintech and healthcare are slowly and steadily fading with technology. What we are seeing today is a universe where smartwatches are used for payments, smartphones are enabling everything from virtual shopping to virtual tours, credit cards are branded with in-store offers, and online pharmacies are delivering smart health devices right at the doorstep. 

One such technology that is changing the way we look at the future is - Wearables.

Globally, 1 in every 2 outsourced projects either fail outright or fail to meet the client’s requirements.

Most software development projects fail or lose momentum because organizations choose a software development company based on cost comparisons or skill sets in any specific technology. However, this approach can slowly lead to a growth gridlock and push you way behind your business goals.

Agile methodologies are an integral part of modern software development. Their focus on adaptability and customer feedback makes them important in software development. On the other side, AI is changing industries with automation, data analysis, and smart decision-making.

Integrating AI with established legacy systems presents both, a challenge and a business opportunity. Legacy systems are crucial to many businesses. However, they often struggle to keep pace with modern requirements due to their limited flexibility and outdated technology stack.

Software development technology has become essential for maintaining a competitive advantage and providing better patient care. With the global dental industry market valued at USD 34,245 million in 2022 and an estimated reach of USD 55,351 million by 2031, growing at a CAGR of 5.48% during the forecast period (2023-2031), dental processes are evolving from basic care centers to complex healthcare hubs that use digital diagnostics, treatment planning, and patient engagement tools.

The approach to reusability and customization is like walking on a tightrope. You ought to keep a balance of both aspects to successfully walk through it.  Reusability is developing software components that can be easily used and plugged into different applications without modification. On the other hand, customization is about changing the software to fit the special needs and likes of a particular user or business use case.

FinOps and the Software Development Life Cycle (SDLC) are two fundamental concepts in modern technology management. What FinOps does is simplify financial operations that are carried out using cloud systems by ensuring accountability and cost transparency. The SDLC describes a structured process of software development, with phases extending from design to maintenance to ensure quality and efficiency.

As technology leaders strive to meet modern demands for speed and flexibility in their applications, one of the major hurdles they face is outdated, monolithic frontend architecture that hinders innovation and scalability.

As developers and companies seek cost-effectiveness in the software industry, they face a strategic decision: should you have one set of code that works across your websites and mobile app, or separate code for each? This decision can impact your project's agility, costs, and scalability.