5 software trends powering disruption

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Businesses today are highly aware of the need for digitalization to stay competitive.

98% of companies in Singapore have already started their digital transformation journey.

When it comes to taking advantage of invisible accounting, artificial intelligence, machine learning or natural language processing, it is the innovation happening in software architecture and application programming that makes everything possible.

Software developments confirm however the devices and apps we tend to use evolve. These are the five software trends business leaders need to know that will impact tech disruption in today’s market:

  • The rise of the application cloud:

Cloud computing has been a game-changer for businesses and consumers across the globe

Singapore ranks sixth out of 24 leading IT economies. Cloud platforms are increasingly competing on customer benefits rather than technical capability.

The implication of this shift is that platform choices in the cloud will only be partly driven by technology considerations; application clouds provide access to customers and markets.

  •  End of the road for monolithic software architectures:

Software wont to be designed for a given technology platform, investing and increasing the branch of knowledge options of the ‘stack’, ensuing quite virtually in monolithic computer code product.

The shift to customer-centric ‘experience’ platforms makes this approach less engaging because it creates a quandary.

  •  De-productization through microservices:

This shift away from monolithic architectures is being driven by the mass migration towards a microservice architecture. Microservices is an architectural approach that revolves around disassembling an application into a set of independent services that are developed, deployed, and maintained separately.

  •  Infrastructure shifts to ‘serverless’ event-driven programming models:

Microservices require infrastructure to operate in a layer typically referred to as ‘platform as a service’ (PaaS).

Serverless applications don’t need the provisioning, scaling, and management of any servers and rating relies on the process consumed not on capability provisioned. Amazon Lambda and Microsoft Azure Functions area unit 2 leading samples of this technology.

 

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The winner of the title Mr. Pune 2009, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called ResearchNReports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Market Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and Researchmoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. Research Moz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”