Trends in software development are good ways for businesses to grow. Some of the development buzzwords of 2021–2022, like cloud migration and microservices, are already widespread in the software industry and have proven their worth to several businesses. Many projects that use Sky Potentials software creation services already need them.

Other software development trends are still developing new ideas and spreading to different businesses. In this post, the top business solutions provider and software development company Sky Potentials UK look at four cutting-edge technologies that will affect the software industry in 2023 and beyond. You will find examples of how to use them that demonstrate their usefulness.

1. AI-first Software

As per International Data Corporation (IDC) that by 2026, the world will have spent more than $300 billion on AI. Gartner says that by 2024, 75% of businesses will shift from testing AI to making it a part of their daily job.

The latest trend is less about adding AI to existing software and more about making AI-first software, in which AI is the basis for all software design. Tools like deep learning, speech recognition, and machine vision make it possible. It can help businesses in many ways.

  • Help With Making Important Choices:AI in medicine looks at test results, DNA data, and medical records to find better ways to treat or predict diseases.
  • Service Of Better Quality:AI helps create genuinely customer-focused services, whether through virtual assistants in the healthcare business that help schedule doctor appointments or software that can recognise faces and figure out how people are feeling to improve sales and marketing.
  • Avoiding Risks And Keeping An Eye On Quality:In manufacturing, IoT devices are used to send data to AI-based apps that use the data to improve production efficiency and predict machine problems. AI can also help with things like analysing plants and finding weeds on farms.

Case Study: Using An AI-Based App To Analyse A Brain MRI Scan

Aidoc is one example of an app that uses AI to analyse magnetic resonance imaging (MRI) brain scans. This tool uses deep learning algorithms to discover strange things in MRI scans of the brain. Helping doctors decide which cases are most important and rank them in order of importance leads to better patient outcomes.

2. Blockchain Beyond Finance

Blockchain is a new technology businesses can use to share data and money directly while keeping clear and unchangeable records of all transactions. Instead of storing information on a single server, the data is spread across all computers in the network, encrypted and chained together in time. This makes it very secure and almost impossible to change or hack.

Distribution, manufacturing, healthcare, and the government are some companies that use blockchain because it is revolutionary in areas other than finance, where it was first used. By 2024, the blockchain market will bring in $20 billion yearly. Let’s look at the things that investors like about this technology:

  • Data safety:Since the data is encrypted and copied to every computer in the system, it can’t be changed without the agreement of everyone in the system. This makes decentralised data valuable storage for businesses dealing with sensitive information like credit histories, medical records, and factory IoT records.
  • Smart contracts:Blockchain makes it possible to make contracts you can automatically carry out when all the conditions are met. For example, the things you send after a blockchain-based process checks the payment. So, the change in the execution of the deal becomes impossible.
  • High Authenticity:Businesses can use the blockchain’s distributed ledger instead of paper-based processes to make all transactions clear and hold all parties more accountable.

Case Study: Using The Blockchain To Explore Where Food Came From

Walmart tried to show how well blockchain technology can track where food comes from by asking several suppliers to upload their data to a distributed ledger and put new, unique labels on their goods. For example, this allowed the business to track mangoes back to the farm where they were grown in 2.2 seconds instead of 7 days when they had to call and write their suppliers.

3. Low-code Development

Low-code development is making apps with visual displays instead of writing code. Developers drag and drop pre-built components; code is instantly generated but can be changed.

First, platforms-as-a-service use low-code development with experts in a specific type of software (like CRM). Today, however, low-code platforms let you make low-code apps for almost any reason. They are becoming more popular because of significant functional improvements, such as support for microservices, a wide range of integration choices, and the use of AI/ML.

Gartner says that by 2024, more than 65% of all software development projects will use low-code systems. This can be seen in the ways groups, startups, and small businesses can use low-code development:

  • A Quicker Deployment:Since low-code apps are built much faster than hand-coded ones, it is possible to meet the tight deadlines the market sets.
  • Minimising Risks While Confirming Business Ideas:Developing custom software is more expensive than using low-code systems. You can make a less expensive MVP to see if a business idea is worth investing more in.
  • Casing The Lack Of UX Tools:Low-code platforms have built-in user interface frameworks with pre-made blocks and widgets that coders without experience with user experience can use to make apps that are easy to use.

Case Study: Low-Code Development Delivers More Than 60 Apps In 20 Months

Schneider Electric, a global company, offers energy solutions. The company needs a range of applications to help run its business as soon as possible. With low-code development, the company made over 60 new apps in 20 months and saved over 650 working days.

4.    Progressive Web Apps (PWAs)

PWAs are web apps that work like mobile apps but don’t need to be downloaded. Google says that the number of PWA installations has increased by 270% since the beginning of 2021. PWAs are becoming more and more popular because they offer two significant benefits:

  • An Easy-To-Use Layout:PWA is faster and more reliable than other web page options, even without an internet connection.
  • Secure Development Costs And Time:PWAs are like native apps but work on all mobile devices and screen sizes. You can also receive an app for the same price as a website, which is a huge plus.

PWAs work well in fields where user ease is essential, such as e-commerce, hospitality, news sources, and social networks.

Case Study: The PWA of the Global Media Company

Compared to their regular website, Forbes’ PWA opens on mobile in 2.5 seconds, while it takes 6.5 seconds for their regular website. According to reports, the average duration of a user’s visit on Forbes’ PWA has doubled.

Utilise 2023 Development Trends to Your Advantage

With changes in how software is made, you may start to see results in 2023. Sky Potentials UK is an advanced software development company that offers machine learning consultation and custom business solutions for companies looking to stay ahead in 2023 and beyond.