Global enterprise application market to hit $468bn by 2027

The worldwide enterprise software application market is slated to reach $468.2 billion by 2027, according to a new report by Research and Markets.

A compound annual growth rate (CAGR) of 9% is anticipated for the forecast period, driven by the increasing demand for regulatory compliance, audit management, and the need for improved transparency in supply chain data and procedures to combat data leaks breaches.

Among the various enterprise application solutions are business process management (BPM) and software configuration management (SCM), which help organizations manage and control inventory and track production. These applications largely aid in boosting productivity and efficiency across the organization.

Commenting on the pandemic’s impact on the market’s burgeoning growth, Research & Markets notes that the closure of retail stores and malls has resulted in significant growth in enterprise application software adoption for managing web-based data.

For instance, among the deployment types of enterprise applications – on-premise, cloud, and hybrid – the cloud segment accounted for the largest revenue share in 2020. However, data security and privacy concerns are market restraining factors.

How Should You Build Your Software? Focus on the Customer Experience!

As a software entrepreneur looking to achieve optimal customer satisfaction, you want to focus on customer experience.

If you’re in the software development industry, you probably understand why customer experience is critical. Many established corporations understand this and commit themselves to enhancing user experience and work hard to improve it. For example, research shows that 86% of clients will pay more if the user experience is top-notch. As a software entrepreneur looking to achieve optimal customer satisfaction, you want to focus on customer experience. 

Consider intuitive navigation

The old saying in real estate is "location, location, location." Well, in software development, it's "customer experience, customer experience, customer experience!" According to the Nielsen Norman Group, a great user experience should meet, "the exact needs of the customer, without fuss or bother." That said, when designing SaaS platform, you want to consider intuitive navigation as the first step. 

How to explain modern software development in plain English

What is software development? A key to competitive advantage. Here’s how to explain today’s development realities, including why cloud services and containers are key to developer velocity.

Some principles of software development – also known as programming – don’t ever really change.

• Programming is problem-solving. 
• Programming is communication, albeit with a machine. 
• Programming is what makes that machine – and millions of others – usable to the masses. 
• Programming is imperfect, always a work in progress. 
• Programming is work.

Preface the longstanding term with the word “modern,” however – as in, modern programming or modern software development – and you are in fact saying that things have changed. It might suggest there could be pre-modern and even ancient phases of software development as if we’re talking about art history instead of computers and software.

The term “modern software development,” in particular, gets thrown around with semi-regularity. It’s indeed used to convey that the speaker (or writer) is referring to software that is being built and operated today as opposed to at some unspecified point in the past. While some core principles might not waver, much of today’s software is being built differently – and more quickly – than in the past.

Developers are breaking things into smaller pieces, for example – the applications you or I use on our phones and laptops every day might actually be composed of many smaller applications, even if that’s not visible to the untrained eye.

How To Retain QA Software Testers in 2022

The Covid-19 pandemic propelled governments, economies and communities across the globe into a state of uncertainty. While adapting to this disruption has come at a big cost for businesses, employees and consumers, the effects of the pandemic weren't disadvantageous for every sector.

In fact, the pandemic has given IT professionals a lot of leverage. With the dramatic increase in employees working remotely, the pandemic has led to the creation of more job opportunities for developers, business analysts, quality assurance testers and data scientists. Before Covid-19, IT experts had to look for jobs close to their home, but they can now seek employment in a different state, country or continent. Because they can access new markets, IT professionals today have more bargaining chips when negotiating job contracts.

But unlocking new employment opportunities has also caused attrition for many organizations since IT professionals are now less likely to worry about job stability. Frequent staff turnover isn't costly only from a recruitment perspective, it affects brand loyalty and drains funds in the wake of knowledge loss.  

So, what can organizations do to offset attrition and keep QA testers on payroll in today's job market? 

Break monotony and provide more challenging tasks.

Most QA testing professionals, especially the top-performing ones, dislike coming to work where all they do is go around in circles, performing tasks that they have outgrown. Unless they feel challenged to solve problems and flex their creative muscle, they're unlikely to stick around. This is why management needs to create opportunities that engage their employees in accordance with their seniority status and creative capacity. 

Train your staff.

This is an extension of the previous item because it underscores the importance of providing QA testing professionals with enough engagement to feel motivated. Additional training opportunities not only teach your employees important new skills that add value to your company, they send a signal that management cares about its staff.