Software development is one of the most innovative and exciting fields where trends change pretty quickly. Companies are always doing new research, and once the research is successful and a product is ready, there is another change in the trends.
Most companies like to build products with trending technologies to showcase their technical competence and flexibility to adapt to new technologies. Moreover, businesses utilize IT services to build their products and ask for the latest and trending technologies to ensure an excellent product development journey.
Every year trends change, and 2023 is no different. There has been significant research and implementation of newer technologies this year also, contributing significantly to these future trends.
Before we dive into the trends, let’s strengthen our base by understanding software development.
What is Software Development?
Software development is the process of modeling and developing software products using various programming languages, architectures, and concepts for any specific domain.
Now, let’s discuss the trends for this year.
7 Software Development Trends to Keep an Eye on in 2023
Increased Cyber Security
With increased internet penetration worldwide, its usage in good and bad ways is increasing simultaneously. Cyber risks will never stop completely, and people with malicious intent will come up with newer ways to exploit computer systems.
As more businesses move their operations online, the target audience for hackers becomes vast. Increased investments in cyber security are highly needed.
Companies are enhancing their existing infrastructure by following cybersecurity best practices and hiring experts to manage their cyberspace. While large businesses have enough resources to protect their infrastructure, hackers will surely target small-sized companies and consumer startups with more user data. Such businesses must wake up before an attack occurs and give importance to building a resilient and robust architecture that keeps them secure.
AI and automation can be used at both ends of cybersecurity. People with malicious intents can use AI to analyze networks and find weaker entry points that make attacking easier. They can even automate a large number of DDoS attacks that can temporarily take down entire infrastructure for enterprises. In contrast, companies will surely use AI to predict malicious actions in their app usage and protect themselves before any security incident takes place.
Blockchain Solutions
In recent years, everyone has seen how Blockchain technology has evolved. Businesses have realized that there is more to Blockchain than just cryptocurrencies. In 2023, many of them are looking to pilot some Blockchain projects and evaluate the possibilities of this technology.
Blockchain will find its usage in products where data needs to be consistent and shared across the network. It has many novel use cases, and businesses are ready to explore them. One such use is to build systems where data cannot be altered once updated. This can help in the development of systems where the right data is much more important than anything.
Moreover, it provides excellent security, privacy, and anonymity. Blockchain solutions are on the rise, and you’ll see that many businesses will develop their own private blockchains that power the critical parts of their business. The blockchain services market will increase to $19.76 billion by 2027.
Many big players in the financial industry will jump into decentralized finance and products aimed at making finance cheaper and global. Governments may adopt Blockchain solutions to bring transparency and trust into everyday operations.
Rise of Cloud Computing
Cloud computing is a technology that has deeply impacted and revolutionized modern software development. It provides humongous benefits to the enterprises that adopt it and helps them scale infinitely without worrying about infrastructure procurement or physical management.
Cloud computing giants are innovating rapidly and providing new services every year, helping to get rid of the physical infrastructure entirely. It started with only a public cloud option, but now service providers allow you to build your private cloud inside their clouds that are accessible by specific devices. This can be leveraged to build an enterprise-wide cloud network.
With remote working and hybrid working models, the majority of tech employees work remotely, which makes cloud computing necessary as there is no one at offices and data centers to manage infrastructure. Moreover, Cloud service providers have come up with Desktop-as-a-service (DaaS), which enables you to use a virtual desktop on the cloud without needing any additional hardware.This will be a game-changer for businesses that cannot afford high-end desktops and laptops for their entire teams.
Cloud computing optimizes development and deployment costs significantly, and many businesses are moving towards this benefit. They are also migrating their entire infrastructure to the cloud.
Increased Demand for IT Outsourcing
IT outsourcing provides significant cost benefits to the companies that utilize such services. This model has proven helpful for many businesses in the past decades, and developing countries with more software developers have significantly benefitted from this.
Business owners often get better quality developers and teams at fractional costs in such arrangements, with unparalleled flexibility to operate. The fixed costs of a business are greatly reduced as payments are made based on work and predefined criteria. This proves extremely helpful for businesses to stay ahead in times of uncertainty.
Moreover, hiring a person with niche technologies to try out any new idea is very costly. With so many new technologies worth trying, businesses will surely choose to build their PoCs with IT outsourcing models.
IoT
IoT is a promising technology that has come up in recent times. IoT will be used heavily to bring smartness into dumb factory systems and significantly change the manufacturing industry. Many businesses have set up automated factories that require little interference to complete entire product development lifecycles, reducing costs.
Also, IoT will be used to collect data about operations and help business owners in taking critical decisions by analyzing the operational data. Such data will also be used for preventive maintenance tasks for lesser machine failures and maintenance.
IoT app developers are in high demand, and many businesses are looking to build futuristic solutions with this technology in the coming years.
Metaverse and AR/VR Solutions
Metaverse and AR/VR solutions have gained a lot of traction recently. These technologies have found their way into consumer experiences and retail immersive shopping experiences. Companies are investing heavily in building virtual stores where users can experience their products even before purchasing. These technologies have changed the shopping experience entirely.
Augmented reality (AR) helps consumers to experience the products in a near-real-world simulation to make better decisions. These technologies will see increased interest and investments once the 5G network technologies are rolled out for general usage across the globe.
Artificial Intelligence
Artificial intelligence is a software development trend that has continued to be in the limelight for many years. It just does not seem to go out of trend. The use cases for AI are endless, and every business wants to use it in some way that can make their lives easier and more effective.
AI apps like chatbots, NLP-led robots, machine learning, predictive simulators, etc., will shine brighter in the coming years.
Conclusion
Coming to an end, if you are looking to build exciting products that align with industry trends, don’t miss out on infusing these technologies into your products.It is very essential to analyze the evolving software development trends and stay ahead by constantly exploring and innovating new techs.
