Enterprise software
Here is the summary of how the landscape has changed in the last 10 years:
- - Many enterprises (85%) have shifted from on-premise to cloud-native solutions
- - Enterprises are adopting hybrid - multi-cloud environemnts , combining public and private clouds to balance flexibility, security and control over your data.
- - In 2023, AI is being integrated into enterprise software to automate processes and provide insights.
- - Natural Language Processing (NLP) - Ai powered chatbots and virtual assistants are becoming common in enterprise solutions for customer service
- - Cybersecurity and compliance solutions since 2022 are incorporating zero trust architecture models
- - Composable architectures maximimizing microservices to breakdown larger monolithic applications into smaller independent services
- - Devops and CI CD pipelines, will continue to be mainstream to automate testing, deployment and delivery.
- - Blockchain smart contracts is becoming mature for immutable transactions in the supply chain industry (IBM , Oracle blockchain)
- - Since 2022, ERP-CRM - Financials are moving towards consolidation platforms
The high-level macro is that the world of software is getting way more crowded and way more complex… and we expect it to get even more crowded and even more complex in the years to come. all the data we have been able to gather through our project mandates