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The 6 Latest Software Development Outsourcing Trends

With the outbreak of the pandemic, the world stopped for a while but eventually regained its velocity and vector. Even though things are not back to normal, it is huge positive compared to mid-2020. The level of innovations in the IT world has been very significant during Covid and has inspired many firms to rethink their workflow. Most industries that leverage Information technologies for their business, have opted for outsourcing and the trend is here to stay for a long time. The speed and accuracy required to develop software along with the fast pace of technology changes are often forcing enterprises to tap into talent where it is available. This is accelerating the global software outsourcing engagements. Let us dive deeper into the latest software development outsourcing trends: Artificial Intelligence and the Internet of Things are advancing faster: Whether it's a smart camera at the door or a smart speaker in the home, firms across all industries are investing more in AI-...
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Embedded Software and Industry Trends

The market of embedded systems is rapidly growing over the world. A study by Global Market Insights reveals that the global market revenue for embedded software is likely to reach $21.5 billion by 2027. The key players in the industry are striking deals to come up with enhanced IoT solutions with efficient and enhanced embedded software. So, it’s time to have a look at the top trends that are dominating the market. Development of electric and autonomous vehicles Electric cars and self-driving vehicles are witnessing strong demand. Developing these cars involves embedded tools, and this trend is on the rise. Electric cars will be the future of the automotive industry across the globe. Besides, the deployment of AI tools in the automotive industry has further strengthened this trend. Developing electric cars also call for better leverage of embedded software. With better connectivity at the electronic touchpoints, the trends of embedded software are going strong. Development of healthca...
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Rapid and Extensive Adoption of IoT for Business Growth

The advancement of technologies that fueled proliferation of devices has driven the growth of IoT technologies. Currently, IoT is poised to cross over into the mainstream. According to various market projections, the number of IoT-connected devices will increase to 43 billion by 2023. As IoT is expected to become a part of the mainstream, it will open the doors for easier implementation of IoT technologies. As a result, most companies, small and medium-sized businesses will be able to generate benefits from IoT applications. Bigger companies already investing their resources to take advantage of IoT technologies, but the widening of the IoT landscape would increase the number of beneficiaries exponentially. Even though the smaller companies might not have the financial cushion to execute innovative implementations, they should be able to access easy-to-use, low-cost solutions, which are plenty on offer now. Steady but fast growth: Since the beginning of the second decade of the new m...
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