The next generation ecosystems are intelligent, digital and work on interconnected business models. The recent development methods are real time methods of communicating intelligently. For example how accidents can be prevented , companies use communication methods like an alert is send to the cars if there is an accident few miles ahead of them. Intelligent movement of industries can disrupt the way operations take place. Hence digitising the technology in every business model is the future of technology.
Let us take a look at which custom software development services changed the IT Industry offerings in 2017
Blockchain is a shared distributed ledger that allows participants to exchange information, data, and money over the network of participants in a trusted, secure and transparent way. A blockchain development company, promises to prove its capability in almost all the industries and is being applied in many.
Data twins are related to real time objects and can provide information on the counterpart twin, improve its working adding productivity to the system all together. This would result in saving millions of dollars in management, maintenance and repair. It helps in operational management and asset management, further enhancing how products can he used and improved.
3) Edge Technology
Describing new topology where information is processed and data is collected closer to the source of the data. Edge computing is technology where content, processing, computing is placed closer to the user. It will solve connectivity and bandwidth issues but improving the availability of information and functionalities.
4) Smart Apps
AI Technology is going to be incorporated in every application and service all around the world. It is going to give rise to new era services and people would ask for AI services because of its acceptance and easy incorporating in software industry. As best Mobile app development company we have made Smart apps that hold the potential to change the way world operates, it acts as an communicator between the app and people, giving an extraordinary experience
5) AI Infrastructure
AI is used to improve decision making and envision business models to enhance customer experience. Implementing AI correctly in the legacy systems will generate huge revenues where they perform human level intellectual tasks. Today, AI integrated with machine learning with complex algorithms to do a highly skilled task.
6) Chat platforms
These conversational platforms are bring great business model shift where simple conversations are conducted by these platforms and will keep on evolving to more complex conversations and tasks removing the old methods of communication.
7) AR and VR
Augmented reality and virtual reality are new ways people interact with digital technology. There are many VR apps and games like pokemon go. AR and VR will engage users for an unmatched experience. The next big thing is mixed reality where real world objects and digital objects interact, depicting a physical experience.
8) ICO for fundraising
The trend of fundraising for technological advancement has started to shift from old methods like IPO and Bank loans to reliable method of fundraising, Initial Coin Offering, #ICO. These are similar to IPO`s but are not regulated by a Government agency but by using distributed ledger based smart contracts using blockchain development.
9) Automation (RPA)
Companies should not be surprised knowing 2017 and 2018 is about automating human restrictive tasks. Robotic automation(#RPA) is in most of the industries, be it software or hardware industry. When Automation is integrated with machine learning everything is reformed and advanced to a much faster operations
Big data is the buzzword for many years now. Big data is accessing huge amounts of data that can help execute better operations. Big data is now more controlled and has more visibility to access quality information.
NetSet software being one of the premium providers of software product development in India takes you through the complete user journey. Our team of elite mobile experts, strategists, designers, analysts & technologists ensure that you meet your strategic goals through implementing the new age digital solutions. To know more drop us a line on firstname.lastname@example.org.