Digital transformation is finally here with us. Today, everyone is using technology to make their lives simple. Digital transformation is affecting the healthcare sector, manufacturing industry, and the way we do business. The use of AI, robotics, and concepts such as cryptocurrency are directly impacting on our lives.
Here are some of the trends that every software development company should know about.
Big Data
Big data employment is another top technology trend that you can expect in 2020. Ideally, based on the research done by Statista, the worldwide big data market will be valued at USD 103 billion before the onset of 2027. Big data trends will allow businesses to capture customer information, store it, and analyze them for effective decision making.
Big data analysis, according to Take2strategy, will be useful in creating wider insights on consumer behavior, enhancing lead generation, improving UX, and providing advantages in risk management and predictive analytics.
Blockchain
Blockchain is the technology behind Bitcoin. It is applied in many areas to secure transactions, provide a safer way of keeping information, and decentralizing digital information. The use of blockchain technology in 2020 will extend to other sectors such as agriculture, real estate, insurance, logistics, and stock trading.
Most organizations are adopting Blockchain today to ensure the safe storage of data and enable supply chain traceability. The USA is expected to be the leading regional investor in Blockchain this year. With the increasing growth in technology, you can expect Blockchain to be the most adopted technology of 2020.
Artificial Intelligence
The global investment in Artificial Intelligence (AI) will grow in 2020 because of the increasing demand for personal digital assistants, cloud data storage, and workflow automation. Today, organizations and companies apply AI in various ways, including machine learning, robots, data filtering, sales forecasting, and chatbots.
AI benefits businesses in many ways, and you should expect most companies, especially those that are online-based, to continue adopting it. AI will be widely used this year by businesses that are looking forward to reducing their production cost and remaining relevant in their respective industries.
One of the revamped usage of AI and APIs is geocoding, to which encoding a street address and returns a map coordinate with complete details. Using this technology, business owners can easily target their potential customers, this main process is called geomarketing. If you want to see prices and technical data, you can read on here.
Progressive Web Apps (PWA)
Most of the leading companies, such as AliExpress, Forbes, and Twitter, are already adopting PWA in their systems to enhance user experience. PWA is a combination of various web applications designed to provide a full-screen experience. The technology seeks to increase conversion rates, time per session, and pages seen per session for web visitors.
In 2020, you can expect many companies to adopt PWA in their systems to compete fairly with the big companies that have already employed it.
Wrap up
There are many software development trends that you can expect in the year 2020, and some may be beyond the scope of this article. The five trends we have mentioned above are some of the most common you will notice this year. You should be ready to adopt these emerging trends, especially if you have a business that you intend to take to the next level.
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