The demand for custom software has grown exponentially in the post-pandemic world. Businesses today are keen on adopting custom made software in order to enhance profitability and get better market insights. Custom made software creates endless possibilities for entrepreneurs and gives them the technological support required to expand their business.
As an entrepreneur I can vouch for the fact that custom made software can immensely help in decision making, inventory management, workflow management and increasing profitability. Owing to the many benefits of custom-made software, the custom software development industry is expected to grow exponentially and the top trends to look out for in the year 2023 are as follows:
Increase in AI adoption:
As AI becomes more affordable and accessible to the masses, its adoption across all sectors will increase exponentially. With Robotic Process Automation (RPA) managing most regular and routine processes like data entry, marketing as well as financial planning, professionals will have more time to concentrate on core processes, which will enhance their productivity and add value to the company.
Increase in Low-code and no-code development:
There will be an increased demand for low-code and no-code software development, especially from SMEs and small businesses as these are easy to make and deploy. The low-code platforms require technical expertise and in-depth knowledge but the development and deployment life cycle is much faster and chances of failure are much lower. This is precisely why there will be more focus on platforms that do not require extensive programming and can work with drag and drop functions.
Security software for ransomware protection:
While there were 623.3 million ransomware attacks globally, in just the first half of 2022, 236.1 million attacks were already reported (*1). Such alarming figures indicate how important it has become for businesses to safeguard their assets. 2023 will thus see an increase in demand for custom security software as off-the shelf products are more prone to such assaults.
Support systems for remote work:
Although remote work took center stage during the COVID-19 pandemic, it has become the prevalent working style today. Reports indicate that 63% of high-growth companies use the Hybrid working style (*2). Its preference is primarily owing to the fact that people appreciate the flexibility and the savings that such a working style facilitates. Organizations are putting in efforts to align their IT infrastructure with the hybrid working mode and require custom software in order to streamline the processes. Cloud services provide the perfect solution for remote work and companies are investing in different applications that facilitate remote work.
Apart from these trends that industry experts predict for the year 2023, reputed custom software development companies in Michigan also opine that Web 3.0, IoT, Blockchain, Augmented and Virtual reality as well as Progressive Web Apps (PAWs) will significantly impact businesses and change the way organizations function. Be it healthcare, education, banking or travel, every industry has benefitted from custom software development. As such, the demand for better and smarter systems will keep driving the software development industry to explore new horizons and come up with better solutions to aid businesses.
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