Top 10 Latest Technologies in Software Development

What new technologies and software development trends does 2023 hold? After all, the software development industry is constantly innovating. In recent years, you might have heard about new techs like Blockchain, IoT, and Big data. Keep up with the latest technologies in software development today!

We will help you explore the software development world and introduce the newest and most important software development technologies in 2024 and the years ahead.

Microservices

Microservices are one of the latest software development trends that everyone is talking about. Basically, Microservices are a unique and very effective way to develop an app or software. By dividing it into separate and independent components, IT & full-stack software developers can scale certain features without affecting the rest of the system. Best of all, if one part fails, the rest of the app can continue working without any issues, making maintaining and managing your software much more effective.

Applying Microservices will also help you release your application to the public while continuing to perfect other aspects of the software. Overall, this new technology trend not only increases development and efficiency but also enhances communication between components of apps and software.

Artificial Intelligence (AI)

Well, AI or Artificial Intelligence has already received a lot of its potential over the last decade. With the advance of today’s technology, AI can finally reach its top performance and create notable effects on how we live, work, play, and even more. The most popular and latest technology trends in AI include image and speech recognition, navigation apps, personal assistants, and ride-sharing apps. This sector can grow even more in the future with new research in Virtual agents, machine learning, and Biometrics.

Low-Code & No-Code Platforms

This new technology trend in coding tools allows users to quickly drag and drop pre-built blocks/features in a visual environment. Low-code and No-code platforms promise to support today’s rapid development and expand digital access to many industries with little to no technical knowledge. However, the main concerns of this technology applications are future scalability, security, and general flexibility. Therefore, we wouldn’t recommend building your entire software development strategy around no-code and low-code platforms. Instead, you can use these tools to experience your idea and project before hiring a software development company.

Internet of Things (IoT)

The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals, or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. From your mobile devices to the vehicles you are using, everything can be monitored or data gathered. So, we can say that the IoT (Internet of Things) has penetrated into our everyday routine. Plus, with the rise of smart city solutions, it looks like IoT will have many impacts on our life for at least another 50 years.

Blockchain Technology

Blockchain is one of the latest technologies in software development that became the talk of the town with the introduction of Cryptocurrency and NFT. It is now also being applied in many industries such as healthcare, finance, and media. Blockchain technology secures and simplifies the transactions in a decentralized ledger. Blockchain’s decentralized nature is its biggest strength since it’s extremely secure and impossible to hack.

A large number of companies are planning to try their hands at blockchain development services. Like, distributed apps or dApps are recent technological developments of blockchain-based apps and emerged as a popular option for software developers to create decentralized secure open-source solutions. This technology is one of the latest tech trends in software development and Blockchain software developers are finding new and interesting ways of creating custom software development to implement it.

Related article: Top 10 NFT Development Companies In Vietnam 2024

Virtual Reality

The gaming and video industry is booming more than ever before. Therefore, virtual reality is surely one of the new technologies in software development that get everybody’s attention nowadays. Plus, with the introduction of Metaverse and how perfected VR technology, virtual reality can be more than just a way to entertain. In fact, the education sector is also likely to explore VR soon as many schools in the USA have started bringing VR into classrooms.

The same is true for multiple corporations and industries. With the help of software development, you can implement VR in the workforce and training sessions to improve customer service and user experience. So you tell us, how are you going to adopt VR in 2022?

Cloud-Based Solution

With the growing need for business availability, data recovery, and high accessibility, many companies have to move to cloud data services since it’s more costly to afford on-premise data infrastructure. Even the government felt the need to shift to cloud technology. The benefit of using Cloud-based solutions gives users the flexibility to pay less and only for what they are using. Some Cloud technology options are cloud-enabled, cloud-based, and cloud-native applications.

Big Data – Innovative Technologies in Software Development

Big data technologies can be categorized into 4 types: data storage, data mining, data analytics, & data visualization. For example, companies like Netflix have built their whole credibility based on using big data to collect and understand just what their customers want. However, the public has become very aware of their data security. So, if your business isn’t keeping up with security, you could be in serious trouble.

Progressive Web Apps (PWA)

Progressive web apps are web apps that use service workers, manifests, and other web platforms. PWAs are extremely easy to develop and maintain, which has attracted many mobile native app development companies. However, it becomes even easier when you write software requirement specifications to get the vision of the PWA solution.

PWAs have combined the convenience of accessing websites from any browser with the hardware-software capabilities of native mobile apps, like machine learning. With Google and Microsoft’s recent investment in this technology, PWA will become an even more popular software technology in the upcoming years.

Quantum Computing

The last remarkable technology on our list of technologies in software development is Quantum computing. In case you didn’t know, Quantum computing harnesses the laws of quantum mechanics to solve problems too complex for classical computers. This amazing technology in software development is also involved in preventing the spread of the coronavirus, and to develop potential vaccines, thanks to its ability to easily query, monitor, analyze and act on data, regardless of the source.

Another field where quantum computing is finding applications in banking and finance, to manage credit risk, for high-frequency trading and fraud detection. In fact, the revenues for the global quantum computing market are projected to surpass $2.5 billion by 2029.

Final Thoughts

Software development is a continuous process, so it becomes necessary to update the process with the advancement of technology. We hope these Top 10 technologies in software development give you some insight and ideas for your project.

If your business needs help determining which latest technologies in software development are best suited for your company’s needs, reach out to us to get your answer and free consultation.