Photo by Giu Vicente on Unsplash
We can agree the software industry has undergone dynamic changes as it continues to modernize. That’s true, too, as the industry stakeholders form alliances and partnerships. The focus is on tailoring software for the end-user or customer.
Tech companies, like firms in other industries, constantly develop new products and must continually improve the product or service utility of existing products. They must satiate customers, who routinely what to know: “What will this product do for me?”
Indeed, we’ve enjoyed more technological advances in the last 30 years than any other time in history. For example, see Word Processors through time: Before MS Word & Google Docs.
Here’s more:
Research
Software will continue to be valuable in research. For instance, IBM’s big data and analytics software helps scientists research the environment.
This video explains:
Automation
Businesspeople can easier analyze and operate for better operations and innovation.
Cloud computing
Outsourcing saves companies time and money while providing a service. Plus, the maintenance responsibility belongs to vendors.
However, there are risks to businesses if they don’t pick the best cloud storage provider.
Mobile app
Mobility is a by-product of technological development. Smart phones, tablets and notebooks for business and consumers have provided flexibility, which now commonplace and expected.
Modernization and saving costs
Because licensed applications are expensive to purchase and upgrade, business is increasingly using open-source.
Plus, CEOS and CFOs have long complained about the need for IT professionalism and understanding about finance. Indeed, two studies indicate need for IT pros to get businesslike. (If you want to learn to speak the language of senior management, there are countless tips on this portal in the Finance category.)
Security
With the huge increase in cybercrime, security is very important.
Social media
Companies have found it to be essential for their marketing mix.
Virtualization
It allows maximum flexibility because businesspeople and their employees can work offsite.
These are my thoughts about software technology trends. I’m not a futurist.
But I do know this: Look for increasing developments in security, mobility, speed and accuracy.
From the Coach’s Corner, here are additional resources:
The applications, risks, benefits and future of AI and ML — With all their potential for use, the two hottest topics in business, science and technology are artificial intelligence and machine learning. Here’s why.
To Profit from AI, Companies Need to Effect a Cultural Shift — To develop a fertile environment for innovation using artificial intelligence, a cultural shift is often needed. Here are strategies to be successful.
E-commerce: Strategies to Pick the Right Digital Partner — True, if you don’t have the necessary expertise, e-commerce services can be expensive. So to maximize value for profitable sales, it’s imperative to choose the right digital agency as a partner. Here’s how.
Strategies to Create the Best Possible Mobile Apps — Consumer and enterprise penchants for mobile technology have skyrocketed but we’ve only scratched the surface in developing quality, application solutions. Mobile apps are expected to support initiatives for a company’s return on investment. That includes competitiveness in the marketplace; efficiency; enterprise and consumer relationships; and revenue – better yet, profits would be more ideal.
People who do the world’s real work don’t usually wear ties.
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