Enterprise application is a significant aspect of any business operation. Most businesses are shifting to digital platforms. It helps to maintain a connection with the customers and carry out various functions.
Emerging innovations and technologies are changing the application development trends. Architectural systems, technologies, programming languages, procedures, and various software components upgrade regularly.
So, the recently implemented model or design could get obsolete within a year. Implementing current technologies isn’t enough to lead the market. One must keep track of emerging groundbreaking technologies to outsmart and outpace the competition.
The top 5 enterprise application development trends for 2021 are:
1. Artificial Intelligence (AI)
Artificial Intelligence intends to develop intelligent machines capable of performing tasks requiring human intelligence. AI aims to replicate human intelligence in machines. An ultimate goal is to develop reasoning, learning, and perception in machines.
Artificial intelligence is crucial for the digital transformation of businesses and companies. From chess-playing computers to the spam filter in emails, AI’s everywhere these days.
Even more, smart assistants like Siri and Alexa interact with users through AI. Companies such as Spotify and Netflix use AI to recommend songs and tv shows based on user previous interactions.
Financial institutions use AI to flag out any potential fraudulent transaction. AI-powered self-driving cars are gaining momentum in the automobile industry. Car crashes due to human errors cause a massive loss in life and property. Self-driving car negates human errors.
Healthcare and medical facilities test various drugs and equipment with AI. It is more reliable and safer compared to other testing processes. Artificial Intelligence has enabled efficient and faster product manufacturing operations.
Businesses and companies are leaning towards AI. Organizations using AI with machine learning solutions are outperforming their competition. Reports suggest artificial intelligence (AI) revenue will grow to $126 billion by 2025.
2. Internet of Things
Internet of Things (IoT) is a system of interconnected devices. These devices are capable of transferring data over a network without or limited human interaction. IoT is changing the fundamental way of interacting with our devices. Recent years have seen the surge of IoT practical applications in every sector.
Smart homes, cities, industries, and wearables are few examples of IoT. It is changing homes to become responsive through an automated support system. It connects appliances, electronic devices, and lighting to the system. Several cities have implemented IoT and AI applications. These technologies are helping to curb the problems such as excessive traffic jams.
Smart devices and equipment are increasing the industry’s efficiency and productivity. IoT helps companies to enhance their customer service and improve their decision-making process.
Wearable devices have gained a strong foothold in the fitness and health market. It has become a must-have accessory in the fitness industry. People of all age groups are using smartwatches to track their activities. At its current rate, wearable technology will bring $104.39 billion in revenue by 2027.
IoT combined AI, 5G, and Big Data will change the technology’s landscape. It is going to get bigger and better. IoT is estimated to reach $754 billion in revenue within 2025.
3. 5G (5th Generation Network)
5G is the latest global wireless network standard. 5G offers better speed, network capacity, reliability, data security, and low latency. 5G connects virtually everyone and everything. It will determine how’s the world connects and communicates.
According to “The State of 5G Deployments,” published by Viavi Solutions in February 2021, 5G is available in 61 different countries. Several more countries are in the developmental stage of 5G.
5G network will have a tremendous impact on the global economy. Superior speed and reliability of the 5G network will change the dynamic between business and customers. Further fueled by intelligent devices and AI, the 5G network can increase industrys’ efficiency and productivity.
Smart cities can install 5G to improve the living condition of their residents. A massive number of IoT devices will depend upon 5G for faster data transfer. It is estimated by 2035, a wide range of industries will depend upon 5G generating $13.1 trillion of global economic output. It will define the global communication sector.
4. Low code development
Businesses are shifting from traditional to digital platforms. Most business owners don’t have the technical knowledge to write the software. They may not have the budget to hire full-time employees to develop and maintain software.
Low code development is the latest innovation in software development. It provides users with simple drag-and-drop interfaces. Business owners with no technical skills can build their software.
This new trend of software development speeds up the software development process. There is no need to hire a team of full-time software developers. It facilitates the digitalization of business.
5. Cloud Computing
Cloud computing has become one of the essential needs for businesses and companies. Cloud computing has eliminated the need for physical data centers and servers. Its cost-effectiveness, productive collaboration, data security, flexibility, and ability to scale elastically have enticed more companies to adopt the cloud.
Amazon Web Services and Microsoft Azure are the two biggest companies in cloud computing services. Reports suggest cloud computing services will grow to 73 percent from 2018 to 2021, an increment from $160 billion to $277 billion.
Cloud computing is here to stay. Analysts predict more enterprises and companies will adopt cloud computing services to leverage low-cost infrastructure, productive collaboration, agility, security, scalability, and more.
Enterprise application development is a vital part of the business. It is crucial to watch out for the emerging tech and innovations for a business. A company’s growth is impossible without implementing emerging techs.
Each year brings advanced innovations and technologies. Thus, we can expect 2021 & beyond will get bigger and better.