Software development has changed a lot in the last 10 years. Almost all companies today are software publishers. And it is predicted that in the next 10 years, there will be 10 times more changes. But let’s look at it year by year and look at the future of software development in 2023.
In this blog, we will discuss:
- The Future of software development
- Current challenges in the software industry
- Predictions for the Future of software development
- Preparations for the future
What is The Future of Software Development?
The future of software development is here. This has happened in research labs. And it’s only a matter of time before it’s everywhere.
This means that the future of software development is happening right now, driven by organizational, economic, and political challenges. Let’s take a look at some of the current challenges faced by software vendors to understand the future of software development company.
Current Software Development Challenges
One of the biggest challenges in software development is the systemic change in the industry.
When an average enterprise application development cycle is nine months, there is a very little gap. However, the proliferation of regulations such as HIPAA and GDPR as well as industry-specific requirements such as protecting consumer privacy or complying with green energy laws have forced software vendors to change. Their process is very fast.
IDC predicts that IT managers facing systemic industry changes will triple their IT spending on new environments, but will still struggle to achieve a 6-fold increase. needed for effective IT operations. They had their own route and suddenly had new requirements for integration. So how are they trying to keep up? They are always open to their options to be as agile as possible.
Technology vs Entrepreneurship
Because of the short development cycle, it can be difficult to balance what’s technologically important with what’s best for the business. Often, companies, to bridge this gap, will use open source or “off-the-shelf” technology to come up with a commercial solution. However, this becomes more difficult to do at scale and makes it difficult to retain talented developers, which is the next challenge.
Hire Remote and Retain Talented Developers
Developers, who already have a tight development cycle, can find it difficult to integrate these business solutions into their technology solutions. And in an already competitive market, companies are struggling to find the talent they need to deliver on time and to the right standards. The advantage then goes to the big companies, who are able to incentivize developers, leaving startups, indie game studios, and small businesses to fend for themselves.
So now that we know what companies are up against, let’s dive into predicting the directions in which they will meet demand, retain talent, and deal with systemic change. in the industry. Predictions for the future of software development are followed by the current trend of looking for reseller remote software developers
1. Safety Will Be Paramount
Thirty years ago, the car was the means of getting from point A to point B. Today, the car is the center of tourist information and entertainment. While we haven’t seen fully self-driving cars become the norm yet, we will see the rise of electric vehicles and more technically advanced vehicles like Tesla’s self-driving cars.
Imagine, the average car has over 100 million lines of code, whereas ten years ago the average car had about 10 million lines of code. Autonomous vehicles up to 500 million lines. With unlimited potential for error – and where a single mistake can cause enormous damage in the event of a vehicle failure – developing clean and safe code is more important than ever. To do this, companies can use static code analysis tools like Helix QAC to meet increasingly stringent automotive compliance regulations.
2. Digital Economy to Become Standard
In 2022, we have seen the boom and bust of cryptocurrencies and non-fungible tokens (NFTs), both using blockchain technology. We will see this trend stabilize and blockchain play a leading role in the development of the digital economy. In fact, IDC predicts that by 2027, more than 70% of consumer activities — such as gaming, content creation, and e-commerce — will use blockchain technology in some way.
We’ve seen billions of dollars invested in NFTs in the form of artwork, real estate, movies, and more, especially in the metaverse.
This development towards a fully digital economy is stimulated by the increase in Internet access. Between 2020 and 2023, it is estimated that an additional 2 billion people will become Internet users. And when these people log in, they’ll want to stream entertainment and buy products. Then we can expect to see an increase in demand for virtual production jobs. And for virtual production companies, this means a growing need for tools that can handle global collaboration, scale at the enterprise level, and process thousands of files. and digital codes.
3. A Shift to Alternative Energy Sources
Not surprisingly, increased attention to climate change has spurred investment in alternative energy. And with technological activities like cryptocurrency mining having a devastating impact on the environment, that couldn’t have happened sooner.
In 2023, we expect significant R&D results for geothermal and fusion power. Companies like General Fusion and TAE Technologies have made strides in harnessing the power of fusion. From a software development perspective, these efforts require scalable technology capable of handling high-performance computer software. Tools can and should be used to debug complex code at scale.
4. Quantum Computing Will Be a Game-Changer
Quantum computers have appeared. But they will change their lives as we know them in the next 10 years.
You can do more with quantum computers in some applications than with classical computers. And there are even new programming languages being invented to help you program quantum computers (like Microsoft’s QDK).
Quantum computing has been used. Volkswagen is working on citywide traffic management using quantum computing for every car, pedestrian, and light.
5. Gains to Be Made in Biotechnology
Medical technology is a multi-billion-dollar industry and we can expect to see more funding allocated here in 2023. Advances in biotechnology are evolving including includes improvements in human genome sequencing, providing a cheap and fast way to edit and test DNA.
Another area to watch is the use of robotics and AI in healthcare. Robotic-assisted surgery has been around for a while but is rapidly becoming more common in the operating room. Some companies are even experimenting with fully robotic surgery. Going back to our first prediction, we know how important it is for these companies to ensure maximum safety and security of their products, which is why static analysis is so important. critical to meet strict (and constantly changing) compliance.
Prepare for the future of software development — today
From self-driving cars to fully robotic surgery, the future of software in 2023 shows less reliance on human labor and more reliance on artificial intelligence and computers. Less human labor on the consumer side i.e., software developers will have a high demand to ensure the safety of these products.
As a developer or business owner, you know it’s time to prepare for the future of software development. You will need to be 10 times faster than last year. THEREFORE:
- Invest in your future and learn new things.
- Keep going and don’t reinvent the wheel.
- Use everything – open source, commercial, service, and enterprise cloud.
Remember: You will have more software and more software. That means more lines of code, more files, more developers, more geographies, more APIs, more mobile apps, and more open source. Use tools to help you get there, to help you manage these DevOps at scale – and do it faster, better.
How Tecxar can help: Tecxar can help you prepare for the future of software development today and consultation – Book a slot: https://calendly.com/tecxar/consultants