Software development trends for 2023
2023 is right around the corner, so we decided to distinguish 3 trends that will alter the software development in the imminent future.
Growing low-code and no-code popularity
Software development is usually a difficult and expensive process. That’s why low-code and no-code is swiftly getting extremely popular. Low-code and no-code tools enable people to create solutions without any technical knowledge. It reduces costs and helps with scaling. It’s especially useful for fast-growing businesses as well as mature ones that try to achieve digitalization.
Recent study by the KPMG suggests that 100% of enterprises that have put a low-code platform into place have reported a positive ROI.
And even though the future of software development won’t eliminate developers completely, low-code and no-code solutions will take a huge part in the whole industry allowing faster and more efficient deployment of applications.
Malicious software development ramps up
As digitalization increased during the COVID 19 pandemic, so did cyber threats and attacks. The most common threat is ransomware that prevents users from accessing their system by locking user’s files until the ransom is paid. Even though this type of malware is not new, in recent years the complexity and cleverness has grown exponentially and increased by 435% in 2020. With an increase of AI these attacks may become even more efficient.
Every business is at risk and the only way to ensure maximum protection is investing in a series of processes and strategies that protect business’s critical systems and sensitive information. Cyber insurance is a new hot topic in 2022. Total market for cyber security in 2020 was $6.15 billion and predictions are that it will grow to $36.85 billion by 2028.
Remote work rises
It’s not a surprise that the pandemic has changed the nature of work. Rapid incline in remote or hybrid work popularity is more rapid than anyone expected. Globally, 16% of companies are fully remote according to an Owl labs study. What’s relevant for every employee out there is that the same study suggests that 59% of respondents would choose an employer who offered remote work compared to those who didn’t. That’s highly linked to saving time and money on daily commute as well as better life-work balance. For employers it could mean less office space cost. To conclude, this trend can be highly beneficial for both of the parties if only the right tools and strategies are developed for managing remote or hybrid teams.
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