Software Engineering Insights

Microsoft's announcement about 10 autonomous AI agents has stirred waves in global markets, sending a signal to others to usher in the race. 

To no surprise, the AI agents market is projected to skyrocket from USD 5.1 billion in 2024 to a significant USD 47.1 billion by 2030. 

This rapid growth is not just a sign of a passing trend; it's an indicator of a profound shift in how we approach automation, decision-making, and even creativity.

But before we dive into the numbers, let’s rewind for a moment. A few years ago, the idea of machines acting on their own, anticipating our needs, and making decisions autonomously seemed like science fiction.

Today, AI agents are already doing this and much more - right from customer service bots that handle complex queries to AI-driven systems that optimize supply chains in real-time, these agents are making businesses smarter, faster, and highly adaptable.

In this blog, we’ll explore what AI agents are, how are they reshaping various industries, a peek into the future led by AI agents, and how custom AI solutions can help you drive exponential business growth.

Choosing the right approach for data exchange can be an essential decision that can shape how efficient and successful your digital product becomes. Two of the top choices out there are GraphQL & REST APIs each with its pros and cons. For tech leaders, understanding the differences between these two isn’t just a technical detail - it’s a strategic decision that can impact your product’s performance and overall user experience.

Imagine having a replica of your car - a digital twin that can carry out all the functions of your actual car. This computerized model enables you to virtually drive your vehicle, explore its workings and even test out repairs or enhancements, all conveniently from your computer or mobile device. By experimenting with this twin, you can discover the methods to maintain your car, enhance its performance and identify potential issues before they escalate into real concerns. This digital companion acts as a tool that empowers you to oversee and upkeep your vehicle. Essentially a digital twin resembles owning a virtual version of your car that presents opportunities to enhance both your driving experience as well as vehicle maintenance.

According to a recent report by Fortune Business Insights, the global SoftPoS market was valued at USD 293.6 million in 2023. The market is projected to reach USD 1,457.1 million by 2032, exhibiting a CAGR of 19.5% during the forecast period (2024-2032). This surge shows how quickly businesses are adopting SoftPOS to stay ahead.

By the late 1980s and early 1990s, electronic POS systems emerged, integrating inventory management and sales tracking capabilities. Fast forward to today; we see an array of advanced solutions designed to cater to various industries - from retail to hospitality. But what drove this evolution? The answer lies in consumer behavior and technological advancements. Businesses needed efficient ways to process payments without compromising on customer experience or security. 

Research suggests that the average attention span of humans is less than 8 seconds. Hence, it becomes crucial for product companies to cut through the digital noise and craft experiences that are fresh, inspiring, and engaging for their users. 

Product designers must stay on top of the latest technological trends in UI/UX design such as minimalism, scrollytelling, neomorphism, etc. This way you can drive meaningful digital experiences while keeping your users hooked.

Let’s explore some of the most talked about UI/UX trends of 2024 in the blog today and deep dive into how you can make the most of them. Also, get a peek into what’s more to come in the future of design.

Developing software that satisfies user demands and excels in a market requires more than just technical expertise; it calls for a thorough understanding of user requirements and market trends which is where product discovery frameworks come into the picture.

Algorithmic websites have become the driving force behind immersive and personalized shopping experiences. Imagine your last online shopping spree: the tailored recommendations, targeted ads, and seamless search results that you saw, weren’t just coincidences—they were the products of sophisticated algorithms at work. These algorithms are the brain behind how algorithmic websites work.

Wondering what are algorithmic websites? Simply put, these are websites that use complex algorithms to deliver personalized recommendations and content to users. 

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.

Technology has become an integral part of our daily lives, and staying on top of the ever-evolving tech landscape can be quite a challenge. The constant influx of global developments in the tech world can make it feel nearly impossible to keep up with the latest news. That's where tech podcasts come in—they serve as crucial tools in navigating the swiftly changing technological environment.