Digital Product Development: Modern Trends & Best Practices in 2018

Digital Product Development: Modern Trends & Best Practices in 2018

Digital products keep developing at tremendous speeds with the landscape changing almost every year. 2018 will be the same with a lot of new technologies gearing up to create a strong foundation for next-generation tech ecosystems.

Here is a look at the most popular software development trends in 2018.

What are the Latest Software Technology Trends?

1. Artificial Intelligence

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If you have missed it, Hanson Robotics recently developed the first robot in the world to be granted official citizenship. Apart from being a citizen of Saudi Arabia, Sophia (the humanoid robot) is now advocating for human rights and runs on an AI system that is only developing by the day. This and more such development is set to be on the uprise in the coming year.

AI will provide companies with enhanced decision-making skills, overhaul processes, and business models and enhance the experience of customers. How do we know this? A recent survey by Gartner has revealed that a whopping 59% of organizations are gathering information and building strategies to effectively deploy AI, while the remaining are already in the process of adopting AI or outsource development.

2. Serverless Computing

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While cloud computing has revolutionized the way we perceive storage, the industry has gone through some drastic changes with the introduction of Serverless Computing. Also known as Function-as-a-Service (FaaS), Serverless computing comes with an event-driven application design where all computing resources that are available as cloud services are completely scalable.

What makes this latest technology trend stand out from traditional cloud migration services is the possibility of paying only for the services that you have used with no charges being levied for any downtime or idle time. Applications here run in a stateless computation mode and are event triggered.

3. Failure as a Service

While being a speculative proposition at the moment, Failure as a Service makes a lot of sense today as the latest trend in information technology since enterprises always look for ways to achieve success faster.

In today’s ever-evolving digital landscape, it pays to fail fast and eliminate the possibilities in a bid to cut down the noise and strategize faster. Some services that can be seen here are visualizing, rapid prototyping, prototype testing, benchmarking, and more. Anything that helps to recognize what’s working and what’s not can be on the table.

4. Digital Twins

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Similar to the concept of a modern day Matrix, Digital Twins works on the concept of digitally representing real-world objects and systems. This is a profound technological breakthrough since digital twins are directly linked to real-world objects and thus, provide a comprehensive look at their current state and properties. Since they respond to any changes made in the objects, they help to predict events like maintenance and breakdowns well before they are encountered in the real world.

It is projected that by the year 2020, there will be about 20 billion connected sensors and endpoints in the digital world. Think about the number of resources that can be saved along the way through advanced IoT Applications and analysis.

5. Blockchain

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The latest buzzword on the word of every Bitcoin enthusiast today, Blockchain is set to be the greatest change financial systems have ever encountered.

It is a gigantic, globally distributed and decentralized database or ledger that is open to anyone and can be accessed by millions of devices simultaneously.

Although it is already finding vast implications in Finance, we should now be prepared for even greater penetration of the technology. Anything that is of value, including titles, identities, and votes, can be moved onto the Blockchain for secure management.

Hence, numerous distributed-ledger projects are set to come into the picture in 2018 in sectors like government, healthcare, content distribution and supply chain.

What are the Advantages of Custom Software Technologies

These latest software trends of 2018 are set to offer a lot of advantages:

  1. Easily accessible information anywhere and anytime
  2. Improved lifestyle trends with optimized systems
  3. Lower costs and greater security for businesses
  4. Better maintenance and efficiency of systems
  5. Deeper insights into collected data and breakthrough analysis

Conclusion

2018 is set to be a power packed year for developers with exciting new projects and possibilities in sight. While this list is not exhaustive, it gives an idea of how far we have come and what lies ahead.
We at Cuelogic are equally excited about the development prospects in 2018 and eagerly look forward to taking on new challenges as we have rightly done this year.