Covid-19 has pushed more businesses online, and enterprise software developers are braced to make a kill off the trend. We examine the emerging technologies and solutions that will probably fuel this market.  

2020 was a blissful year for the enterprise software development sector. We saw what the future could look like with AI-assisted development software. Not to mention the enormous investment in Robotic Process Automation (RPA) and Progressive Web Applications (PWAs).

Some trends such as low code and no-code development are even threatening to disrupt the sector altogether. 

According to Research and Markets, the global market for low-code development is on track to reach $187 billion by 2030, from a meager $10.3 billion in 2019. 

2021 Promises Even More

The coronavirus pandemic has forced a good many folks to go online unprecedentedly. In fact, online sales jumped 45% year-over-year for the 2020 financial year. 

Not only that!

Experts predict a 10.9 CAGR in the Enterprise Application Software (EAS) market over the next five years, reaching a staggering $26. 724 billion in 2025. These stats are a significant boost to enterprise developers looking to build modern business apps. 

That said, it’s important to understand how the EAS sector is growing to help you stay ahead of the curve. 

In this post, we’ll look at the top seven enterprise software development trends to monitor in 2021 and beyond;

          1. From low-code to no-code development 

We’ve already mentioned the potential of low-code development. Low-code platforms implement drag-and-drop editors that allow even non-developers to build flexible apps in less time. 

We’re likely to see more in 2021. However, we’re also predisposed to herald a new era of no-code coding.

As the name implies, no-code coding involves creating applications writing no code. The drag-and-drop editors in low-code development are advancing to allow newbies to build apps without writing a single line of code. The no-code market will grow 28.1 CAGR to reach 45.5 billion by 2025.

          2. The rise of Artificial Intelligence 

Revenue from AI alone reached $156.5 billion in 2020, a 12% increase from the previous year. But we could see even more growth in 2021 as more businesses and applications take up AI. 

Machine Learning, the branch of AI dealing with computer algorithms that improve automatically through experience, is gaining popularity – not forgetting Deep learning.

The enterprise software development industry is poised to gain from more intelligent machines. For instance, we can apply IA to automate the development of applications. Some AI solutions can test functions to reduce costs and help your organization become more agile.

          3. Native apps overflow 

Businesses slowly realize that native applications are the future of e-commerce. By combining the strengths of applications and traditional websites, native apps offer endless advantages, such as branding, speed, and trust. Native apps are also freed from the restrictions surrounding mobile applications.

Progressive Web Apps (PWA), in particular, are changing how people access online content. They are simple, lightweight, and intuitive. Like apps, PWA is easy to access and boosts branding. 

Moreover, PWA offers a traditional and more rewarding website experience making it a win for both consumers and brands.

          4. Trends in Big Data and the IoT

Big Data and IoT are here to change the world. When the full potential of these two is realized, we’ll have a connected world where computer solutions are embedded in our day-to-day lives.

But that doesn’t mean we won’t see important applications in the two areas imminently. For instance, embrace yourself for “Data-as-a-Service” solutions in 2021. DaaS would eliminate redundancy by giving businesses access to precise data in real-time.  

          5. From the cloud to the edge

Cloud computing is already big. About 40% of conversations about enterprise software revolve around cloud computing. The value of cloud-based applications reached $150 billion somewhere in 2020. Wherever you go, enterprise developers providing unique solutions to their clients offer edge solutions.

We will see even more of the trend in 2021, but with a slight change. Instead of using the cloud as we know it, enterprises are transitioning to edge computing, where resources and information is stored right next to the consumer. 

          6. Micro-services for enterprises 

Micro-services architecture is a fresh approach that arranges applications as a collection of loosely coupled services. In short, blocks of code handling individual tasks are stacked together, creating micro-applications. 

The extensive array of micro-apps is then offered to enterprises. Think of them as plugins in enterprise applications that users can customize to meet their unique needs.

Although still in the infancy stage, we’re looking forward to seeing substantial growth in this area in 2021. 

          7. The sustained rise of Blockchain

Blockchain is here to stay, with Bitcoin (the most successful cryptocurrency) taking center stage.

But Blockchain has more use cases than cryptocurrencies. For example, Blockchain is playing a central role in covid-19 vaccine shipment and management.

These two examples are the only sign you need to know where Blockchain is headed–it’s the future. According to Markets and Markets, the Blockchain market is expected to grow from $3.0 in 2020 to $39.7 billion in 2021.

Don’t Sit Around Waiting 

The enterprise software development sector will continue to witness revolutionary trends in 2021 and beyond. 

Given that, you need to keep pace and improve to stay on top of your competition. Develop a strategy to rip the benefits of these innovative emerging technologies.

If you need help to determine what solutions are best suited for your long-term gains, contact NIX Solutions today.