Outsourced Software Product Development Trends In 2016

Posted by Congruent on March 17th, 2016

The growth in the IT services industry is predicted to be driven largely by outsourced software product development in 2016. Outsourced software product development is still a good way to save money and time when you want to create and launch a new and unique software product for your business or your customers.  The service covers many different areas like product development, application maintenance, migration of existing assets to the cloud, data analysis, and mobile app development for your existing applications.

Factors That Influence Outsourced Software Development Trends

There are two major factors that can influence the trends in software product development outsourcing. The first one is automation. Customers may demand robotic process automation technology that can influence existing contracts and pricing models. RPA makes it easier to manipulate data and process transactions automatically to help minimize labor costs by up to 40 percent.

The trends in software product development outsourcing may be influenced by certain security issues, too. There is always a risk that your data could be leaked or compromised. Hence, it is recommended that you work with reputable software product developers to make sure that your company profile and plans are kept confidential at all times.

Trends in Outsourced Software Product Development

This year, more customers are looking to work with a company that has a dedicated team that prioritizes quality and the establishment of a long-term partnership with them. This way, they can reduce their expenses in management, maintenance, and in updating their software, and they can eliminate the need to look for multiple service providers to perform those tasks.

Cloud computing is another trend in outsourced software product development in 2016. Scalable cloud-based business solutions gained more popularity in 2015, and they continue to thrive this year through reputable outsourced software product development services. Outsourcing companies offer cloud computing to provide better and more flexible solutions to their customers.

IoT and M2M markets have begun to realize the benefits of outsourcing software development to create innovative, wearable, and mobile applications for different smart devices. Customers from the entertainment, tourism, and e-commerce may incorporate augmented reality elements to provide a more engaging user experience.

Data analysis is another trend that is catching up this year. By 2016, it is expected that the daily amount of data being generated by digital devices will reach 2.5 billion gigabytes and that the number of connected devices will soar up to 22.9 billion. Knowing the types of people who use the software and how many times an app is accessed or used daily may help enterprises enhance their workflow and come up with more innovative ideas to meet the demands of their customers.

About The Author:

Headquartered in Seattle, WA, Congruent, and Microsoft Gold certified partner has been providing software development services to its global clients since 1994. The operations are supported by our large offshore software development centre in Chennai, India. Congruent customers include a wide range of companies, from a Start-up solution provider, ISV's to enterprise clients like 3M, Premera Blue Cross, and Council on Foreign Relations, Glasstech, Maldives Airport and many more.

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Joined: January 31st, 2014
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