Category: Custom software
The pandemic has derailed the global economy, impacting businesses across the world. If organizations wish to keep up with the lightning pace of app and platform improvements while staying cyber secure, they must rely on DevOps. DevOps is crucial to business success more than ever.
But before you start your journey with DevOps let’s take a look at what DevOps is. What are the advantages of DevOps? How can you maximize its potential for your business? Read on to find out.
What Is DevOps?
DevOps is a term derived from combining “development” and “operations.” According to Gartner, “DevOps represents a change in IT culture, focusing on rapid IT service delivery through the adoption of agile, lean practices in the context of a system-oriented approach.”
In simple terms, it is a coordination of best practices that automate and integrate the processes between software development and the IT teams. This cross-disciplinary practice enables enterprises to create and improve products faster than traditional software development methods.
Implementing DevOps allows enterprises to have a competitive edge in value and value management. It allows teams to adapt to the changing market and address their customers’ needs effectively.
Read more: DevOps: The Catalyst to Efficient Project Development and Delivery
Tangible Benefits of DevOps
1. Maximizes efficiency
DevOps ensures the quality of application updates. Armed with the logging and monitoring mechanism of DevOps, developers can now oversee the real-time performance of the products.
This will help them make any necessary changes or improvements ensuring the efficiency of the software. Continuous testing enhances the software quality. Plus, it will be more reliable to function consistently and seamlessly.
2. Better communication and cooperation
A DevOps software development culture contributes to happier and more productive teams as its primary focus is on performance. This team spirit helps in building trust that leads to unitedly working to innovate more effectively.
When teams work together with DevOps, they do not wait for a different team to solve problems. Instead, they work toward a common goal focusing on bringing the product to market or production.
3. Faster Innovation
The success of an enterprise depends on its ability to innovate faster than its competitors. Since DevOps collaborates both development and operation efforts, the development cycle is shorter and the applications are ready faster.
4. Reduced implementation failure
Implementation failure can occur due to programming defects. Since DevOps promotes frequent code versions it is easy to detect defects early. This reduces the number of implementation failures. Additionally, recovery is much faster as the teams share ideas and together tackle the challenges of both teams.
5. Cost-effective
Automated testing and CI/CD aid in efficient bug-free codes. Hence, it eliminates the need to combat network downtime and avoid spending additional costs on other related issues.
DevOps automation accelerates the software release pipeline and cuts down on manual interventions. Thus, it minimizes software release costs. Moreover, early detection of defects saves consequent financial damages. Subsequently, DevOps increases profitability while reducing both direct and indirect costs.
Read more: Test Automation In DevOps For Expediting Software Development
6. Customer satisfaction
Customer satisfaction is crucial for businesses to thrive and profit. The constant flow of feedback mechanism of DevOps allows customers to rate the product and its updates. Their feedback will help developers to improve the product.
Besides, customers can keep tabs on the progress of the application with the help of loop feedback. This contributes to customer satisfaction as they now can see the agility in the software development process. As a result, your business can and will gain a competitive advantage in your sector.
Key Features Of DevOps
- Code: Everything in DevOps is version-controlled as code along with data.
- Continuous: Emphasis is on continuity of integration, deployment, and testing.
- Collaboration: Strong collaboration between the operations, development, and security teams is at the heart of DevOps.
- Fail fast: Robust automation, tooling, and processes in DevOps help in identifying problems faster preventing delays in the rollout of new features.
- Automated environment provisioning: This enables consistency across deployment ensuring reliable release.
- Security: This involves all security measures ranging from static security code analysis to vulnerability management.
DevOps Lifecycle
DevOps consists of multiple phases that collectively become the DevOps lifecycle. These phases ensure DevOps optimizes all development processes. Here is a phase-wise break-down of the DevOps lifecycle:
1. Continuous development
This is the first phase where planning and software coding takes place. The planning involves understanding the project and developers begin developing the code for the application. Though planning does not require any tools, maintaining code requires a number of tools.
2. Continuous integration
In the phase of continuous integration, new codes are built and integrated into the existing code. The source code is modified several times on a weekly or daily basis. The continuous integration of new code helps reflect the changes that the customers experience with the updated code.
3. Continuous testing
At this stage, the developed software is continuously tested for bugs with the help of automated tools. This phase can be repositioned around the continuous integration phase as well.
Testing helps developers save effort and time that is usually lost in manual testing. Plus, reports generated help them improve the test evaluation process. This ensures flawless functionality and inter-networking of the application.
4. Continuous feedback
Continuous feedback allows for further analysis of the improvements. The feedback from customers is assessed promptly enabling the developer to release new versions of the software application.
5. Continuous monitoring
This phase is of key importance for application developers as it sustains the availability of services in the application. Continuous monitoring helps determine the root causes of recurring system errors and helps resolve security issues and other problems.
6. Continuous deployment
Although continuous deployment takes place before continuous monitoring, developers ensure that this phase remains active throughout the DevOps lifecycle. Containerization tools are used to achieve continuous deployment. This nullifies all sorts of production failures and system errors.
7. Continuous operations
This is the shortest of all phases. The continuous operation allows developers to automate the process and accelerate the time-to-market for the application.
Use of DevOps in Different Industries
Manufacturing industries: The use of DevOps in car manufacturing can help manufacturers identify errors early on in the production process.
Online financial trading companies: DevOps reduces the overall process time and increases the customer base. DevOps contributes to a drastic reduction in regression testing time which in turn reduced the funding period.
Read more: Prepare for the Future of Digital Innovation with these 10 Services From Fingent
Get Faster, Bigger, and Better with DevOps
It is clear that the DevOps strategy benefits enterprise software development in many ways. DevOps take the legwork out of the software development process and has emerged to be a crucial component for the growth of a business. DevOps provides a wide range of benefits that are measurable and real in implementation.
DevOps can create an astounding long-term impact for internet-based businesses. All businesses need DevOps for faster testing and implementations.
If you are not adopting DevOps practices in your technology projects, then you are increasing the risk of delay on your technology projects and increasing technical debt. The longer you wait, the more effort is required to implement DevOps into your workflow. So, if you are considering implementing DevOps, act quickly! Call us today.
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Planning a software development project for your business? Here’s a detailed guide on the various stages and life-cycle of Software Product Development!
- Introduction
- What Is Software Product Development?
- How To Gauge When Your Business Needs Software Product Development?
- How To Prepare For Software Product Development
- 5 Essential Stages Of Software Product Development
- Tips To Select The Right Partners For Software Product Development
- Healthier, Better Business With Software Product Development
Introduction
Behind all the conveniences that we use in our everyday life, there is complex software. Such ease of life is possible when complex software is implemented in various stages in definitive order. These models address the diverse circumstances of product owners and development vendors.
However, such a rich choice can be confusing. To fully benefit from the development process and successfully communicate with the development team, you must realize your needs and expectations from the product.
Here is a complete guide to help you understand and organize the complex process of Software Product Development – what each stage means and how you can drive a successful Software Product Development project.
What Is Software Product Development?
Software Product Development is a combination of steps, tools, methodologies, and management techniques that bring the concept of a product from the ideation stage to implementation and eventually to the market.
The primary goal of Software Product Development is to provide high-level products within the set budget and timeline. Typically, the software development lifecycle includes product discovery, software development, testing, deployment, and so on.
Read more: Types of Application Software: A Detailed Guide for 2021
How To Gauge When Your Business Needs Software Product Development?
Every business in today’s fast-paced and volatile world needs Software Products. Software Products help your business gain momentum and a competitive advantage for your business. Here are some scenarios that indicate when your business needs Software Product Development.
1. When your company starts experiencing low efficiency and miscommunication-related issues.
Are your current methods of collecting data complicating the effective management of your company? Have you noticed miscommunication between your employees and managers resulting in missed deadlines? If these are restricting your business from reaching its potential growth, you need software development.
2. When your supply chain has many bottlenecks
A dissatisfied customer will quickly hop over to your competition. Bottlenecks created by miscommunication lead to loss of opportunities. When your company is dealing with a higher volume of complaints and low satisfaction rates, you need software development. It can optimize your supply chain management and guide all your decisions.
3. When your business is growing
Despite exponential business growth, the quality of your products and services should continue to be of the highest standard. Product development can help you comply with government regulations, evaluate the quality of the suppliers and the quality of your product.
4. When your customer base increases
When your customers increase, data increases. And that data has to be organized and maintained to help you make better understand your finances and use it to make strategic decisions. Product development can provide you visibility into all transactions contributing to the financial health of your company.
5. When your company is expanding to other locations
When your organization expands to other locations, you will need a fully visible information system that records all that happens at that exact location. Software Product Development equips you with the possibility to record all inventory movements in real-time.
Read more: Progressive Web Apps: New Cutting-Edge Trend in Web Development
How To Prepare For Software Product Development
All Software Product Development needs detailed documentation. This documentation must cover the business requirements and clarify product functionality. It can also serve as the basis to discuss essential issues between business owners and developers. Here is how you can prepare to start a successful Software Product Development:
- Do your homework: Even before searching for a vendor for Software Product Development, you need to conduct marketing research. Qualified marketing research will help you achieve your sales growth now and in the future.
- Develop precise product vision: Work out the “whys” in projects that are focused on the main product. You can eliminate mistakes by answering questions such as, “who is the product for?” and “why do they need the product?”
- Plan: Have a clear vision and communicate that vision to the development team. This will help them to create a software product that is aligned with your requirements.
- Timely execution: Have a written communication with designers and engineers to nudge them in the right direction. This will contribute to well-articulated timely execution.
- Make team members accountable: From day one, help your team members see their share of tasks that contribute to the development of the software product.
- Document everything: Keeping a record of everything from ideation to execution can help your team to access all the features that must be included in the product and the functions each of those features must perform.
Read more: Web Application Development: A Detailed Guide for 2021
5 Essential Stages Of Software Product Development
Stage 1: Product Discovery
The first stage in the Software Product Development lifecycle is where new ideas or concepts originate. A team is organized to study the idea, perform market analysis, and identify technical and market risks. This will help organizations to determine the need for Software Product Development.
Stage 2: Product definition
In this stage, the team creates the first comprehensive evaluation of the technology. Developers and managers evaluate the important points of differentiation of the new product. This will avoid misinterpretation of the needs of the market.
Stage 3: Product development
This is the most time-consuming stage. Software developers use the design document to write code for the components. The task is divided between team members according to their area of expertise. This includes front-end developers, database administrators, and software developers.
Stage 4: Product testing
Quality assurance team steps in this stage to ensure the software meets all the requirements for which it was built. It involves functional testing, performance testing, unit testing, security testing, and usability testing.
During this stage, software developers fix any bugs and retest as many times as required. This stage continues until the software is free of bugs and measures up to the potential capability.
Stage 5: Product deployment
Now, the software is sent into the market for user acceptance testing. Once again, the software team fixes any bugs based on the feedback from its first users. Then the final version is launched into the market. This stage also includes maintenance and strengthening of the software.
Perhaps now you feel you are ready to start Software Product Development. But, hold on! Selecting the right partner for Software Product Development will impact your company in the long term. So, read on to find a few tips that can help you define the right partner.
Read more: Software Development Outsourcing Guide for CEOs
Tips To Select The Right Partners For Software Product Development
Selecting the right partners is an important decision that should not be treated lightly. So, here are few tips:
1. Conduct a background check on the company
To validate the company’s experience and professional trajectory, contact some organizations that have worked with the vendor. This will help you know their experience and the final outcome of the product.
2. Check their ability
For your product to be of excellent quality, the vendor should have abilities and excellence in software development. To guarantee their excellence, find out if they have QAG (Quality Assurance Group) or GMO (Organizational Improvement Group).
3. Knowledge of different methodologies
Solid methodological training and experience in using various technologies are vital for product development.
4. Ability to support throughout the cycle
Ensure that the vendor does not abandon the project at any of the stages.
5. Ability to understand your business
All in the team should be able to understand your unique business requirements and help you find the best solution aligned with your objectives.
6. Capable testers
Ensure the vendor in consideration has qualified testers who can guide you on how to perform your own tests.
Healthier, Better Business With Software Product Development
It may be time for you to start thinking about Software Product Development that helps you run a healthier business. True, it requires an investment of time and money. However, in the long run, you will realize that you have saved time and money by enhancing customer satisfaction and improving employee retention. We at fingent, top custom software development company ensure a streamlined product development process that simplifies both deployment and transition. Call us to see how you can get this started for you right away.
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Cloud Service Models Saas, IaaS, PaaS – Choose the Right One for Your Business
Table of Contents
- Criteria to Select The Right Cloud Service Provider
- How Can Cloud Support Your Custom Software Needs?
- SaaS vs. IaaS vs. PaaS: Which Cloud Service Model Fits Your Business?
- Top Cloud Computing Trends To Follow
- How Does Fingent Help You Adopt The Right Cloud Service Model?
- Frequently Asked Questions on Cloud Service Models
A Quick Introduction to Cloud Service Models
Are you looking for a Cloud Service Provider?
Why Does Your Business Need Cloud Computing?
High Performance and Availability
Cloud services are distributed across multiple cloud facilities. This eliminates your downtime, ensuring high availability. Your cloud service provider will be responsible for updating cloud systems, fixing bugs, and solving security issues in the cloud. The performance gains offered by cloud is higher than that of on-premise infrastructure.
Scalability and Flexibility
Cloud computing allows you to quickly scale up or down your computing resources and storage to meet the changing business needs. You don’t have to invest heavily in any physical infrastructure to support the changes, such as an increase in the load levels.
Effective Collaboration
Cloud storage makes your data available anywhere, anytime you need it. Location or device constraints don’t prevent you from accessing your data from anywhere in the world. As long as you have a stable internet connection and a computing device (a laptop or smartphone) in your hand, you can collaborate effectively with anyone, in any part of the world.
Cost Savings
When you choose a cloud service model, you only pay for the resources that you actually use. Most cloud computing services are pay as you go or pay per use. This is a great money saver for startups and small businesses with lower budgets. Your IT team doesn’t have to overbuild or overprovision your data center, so they get more time to focus on strategic work.
Advanced Security
Centralized data backups in the cloud provider’s data centers eliminate the need for maintaining your own backups onsite or offsite. This mitigates the risk of data loss in the wake of a disaster. Cloud providers can help restore your data from the cloud storage, which is automatically updated in real-time. To provide more robust protection, you can implement cloud security techniques, such as data encryption and two-factor authentication
What are Cloud Service Models?
Adopting Cloud – Choosing Between SaaS, IaaS, and PaaS
SaaS
SaaS Benefits
- Lower up-front costs and TCO: SaaS eliminates the need for additional hardware and software, reducing the installation and implementation costs.
- Anywhere accessibility: With SaaS, you can access cloud services from anywhere using an internet-enabled device such as a smartphone or laptop. SaaS eliminates the physical constraints of on-premise software.
- Ready to use: You can quickly set up SaaS services, so they become fully functional in minimal time. All it takes is that you sign up for the service (pay on-demand) to get access to fast and powerful computing resources.
Why Should You Opt SaaS?
Points to Consider Before SaaS Implementation
- Opting for “configuration over customization” will allow you to tailor the SaaS solution without extensive customization. This saves your time as you don’t have to worry about scaling with constant updates and documentation.
- Understand the adoption and usage rates of the SaaS solution carefully, and set clear objectives that you want to achieve with the SaaS adoption.
- Complement your SaaS solution with third-party integrations and advanced cloud security options to make it more user-centric, secure, and data-driven.
IaaS
IaaS Benefits
- Lower costs: IaaS cloud model eliminates the need to deploy expensive on-premise hardware. Developers, DevOps, and DevTest teams get more freedom to experiment and innovate by saving the time and money spent on provisioning and scaling environments.
- On-demand availability and scalability: As the most flexible cloud computing model, IaaS allows you to scale the computing resources up or down rapidly according to the needs of your enterprise.
- Faster time to market: IaaS ensures faster development cycles by allowing you to quickly spin up the necessary computing infrastructure. You don’t have to wait for weeks and months for it to be ready.
Why Should You Opt IaaS?
Points to Consider Before IaaS Implementation
- Consider your technical, storage, computing, and networking needs while looking to implement an IaaS solution.
- Data security is highly important while evaluating cloud services and providers.
- Look for disaster recovery features, server size, throughput of the network, and the general manageability requirements.
PaaS
PaaS Benefits
- Speed to market: Your cloud provider does all the heavy-lifting by providing your developers instant access to a complete application development platform, which is built and managed by them. It gives your team more time to develop and deploy.
- Mitigates security risks: Your PaaS provider is responsible for securing the infrastructure. The PaaS model strengthens security by increasing business resiliency, reducing downtime, preventing data loss, and accelerating recovery.
- Bolsters IT efficiency: PaaS standardizes deployments, improves scalability, pushes automation of routine tasks, and speeds provisioning to make your IT more responsive to innovative business opportunities. For example, PaaS accelerates your release cycles using containers and APIs, and enhances data recovery and analytics.
Why Should You Opt PaaS?
Points to Consider Before PaaS Implementation
- Ensure you can easily scale with your PaaS provider and they have all the options available which you need.
- Check if the PaaS solution is optimized for the language and framework you’re using. Otherwise runtime will be affected.
- Decide where you want to deploy your application - on a private or public cloud.
- Identify the level of automation and customization you require - whether it needs to be self-service or fully automated.
Want to know which cloud service model fits your business?
Why is it Important to Choose the Right Cloud Service Model?
The ultimate requirement of any enterprise today is to quickly adapt to the growing market changes and address the rising consumer demands. To achieve this, you need to implement the latest technologies, such as automation, Artificial Intelligence, Internet of Things (IoT), facial and biometric recognition, AR, VR, and Blockchain. But all of that is possible only if you have a robust cloud infrastructure and cloud-based software.
Criteria to Select The Right Cloud Service Provider
- Verify if the cloud service provider complies with recognised standards and quality frameworks. Look for vendors who are accredited with certifications such as ISO 27001.
- Evaluate the service provider’s technologies and service roadmap for development. Ensure their platform and technologies align with your cloud objectives and IT environment. Find out if their service roadmap fits your requirements in the long term.
- Look for providers who give you choice and control regarding the jurisdiction in which your data is stored, processed and managed. Make sure the provider’s data loss and breach notification processes are aligned with your organization’s data governance and risk management obligations.
- Assess the cloud provider’s service dependencies and partnerships, including multiple vendor relationships, connected components, subcontractors, implications of service dependencies on SLAs, accountability, responsibility, service disruption policies, and limitations of liability.
- Get clarity on the roles and responsibilities related to services and deliverables, contracts, SLAs, policies related to security, data management and conversion, backup and resilience provisions, legal protection, pricing models, exclusions, caveats, remediation policies, and penalties.
- Analyze if the provider follows an established, documented, and proven process to manage planned and unplanned downtimes. Evaluate their ability to support your data preservation expectations.
- To avoid the risk of vendor lock-in, look for providers who use minimal proprietary technology. This increases your ability to migrate or transition to a competitor cloud service, based on your growing business needs.
- Finally, assess the technical and operational capabilities of a cloud service provider by evaluating their company profile and portfolios, client reviews, analyst profiles, ratings, and market position. Cloud providers who run a sound business offer the most compatible and competitive cloud service.
How Can Cloud Support Your Custom Software Needs?
SaaS vs. IaaS vs. PaaS: Which Cloud Service Model Fits Your Business?
When Do You Need SaaS?
- Benefit from application usage without the need to maintain and update infrastructure and components
- Don’t want to reinstall applications or purchase new licenses each time you switch to a new device
- Cut down on internal IT overhead and retain only your subscription cost of the SaaS application
- Gain more compute power and database storage depending on your usage. Your SaaS provider handles scaling up the application.
- Great deal of flexibility to operate from any device, any location, any time
- Great deal of flexibility to operate from any device, any location, any time
When Do You Need IaaS?
- Consolidate heterogeneous disaster recovery systems into one virtualized environment
- Perform big data analysis that requires a lot of processing power
- Manage unexpected traffic spikes by scaling on-demand
- Get new projects up and running quickly, according to changing business priorities
- Overcome application performance limitations caused by capacity constraints
- Experience business growth that outstrips infrastructure capabilities
When Do You Need PaaS?
- Develop or host new custom applications without any hassles and costs of installing hardware or software
- Free your developers to focus on their application code through simpler, faster, and secure app development
- Analyze and mine your data, find insights and patterns, and predict outcomes to improve forecasting, product designs, ROI, and other business decisions
- Use sophisticated software development kits and BI and analytics tools that you can’t afford to purchase outright
- Develop for multi-platforms, including mobile and web browsers using the same code base
- Implement agile methodologies that allow you to test and prototype new applications more quickly than usual to gather user feedback
Looking For Experts To Discuss Your Cloud Requirements?
Top Cloud Computing Trends To Follow
1 Hybrid Cloud and Multi-Cloud
| Example of Multi-Cloud | Example of Hybrid Cloud |
| An organization hosting its web front-end application on AWS, while keeping its Exchange servers on Microsoft Azure | Combining your on-premises data center with a public cloud computing environment like Google Cloud |
2 Cloud-Fueled AI and ML
3 Cloud Security
4 Low-Code and No-Code Cloud Services
5 Serverless Cloud Computing
How Does Fingent Help You Adopt The Right Cloud Service Model?
Frequently Asked Questions on Cloud Service Models
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A comprehensive guide to web application development in 2021
- Introduction
- What is a Web Application?
- What is Web Application Development?
- Web Apps vs Mobile Apps
- Types of Web Applications
- Technology Stacks for Web Application Development
- Benefits of Web Application Development
- Web Application Development Process
- Web Application Development Validation & Deployment
- Web Application Development Trends
- The Cost of Developing a Web Application
- FAQs About Web Application Development
- Develop Your Web Application with Fingent
Introduction
A decade ago, web pages were mostly static, with a few images and videos thrown in here and there. In 2005, however, thanks to Ajax, it made it possible to create better, faster, and more interactive web applications.
In 2021, though web application development has reached its peak of fame, web apps have become so common that they often go unnoticed. With a reputed web application development partner like Fingent, you can develop intuitive and custom web applications that simplify your day-to-day operations.
Read more: Fingent Ranked as India’s Top Software Developer for 2021
Web apps help integrate the tailored experience of native apps with easy access on a website browser from any device. LinkedIn, Basecamp, MailChimp, or even Facebook, all have web apps that provide immersive and tailored experiences like the native apps directly from the browser. That is why web application development is gaining a lot of popularity in almost all industries, including banking, eCommerce, education, healthcare, and more.
What is a Web Application?
Also known as a web app, a web application is nothing but a computer program that uses a web browser to perform a specific function. Contact forms, for example, are web apps present on many websites.
As a web application is a client-server program, it has a client-side and a server-side. Here, the client refers to the program the individual uses to run the application. It is a part of the client-server environment where many computers share data. A typical example of a web application is the database. Here, the user enters data through the client-side (front-end), while the server-side (back-end) of the application stores and processes the information.
Both enterprises and individuals develop web applications to fulfill different purposes.
Case Study: How we built Ambit AI, a light-touch AI-powered web application for processing workers’ compensation claims. Download Now!
What is Web Application Development?
Web application development refers to the process of using client-side and server-side programming to develop an application that is made accessible over the web browser.
In the initial phase of the web application development process, the developer tries to find a solution to a specific problem and then designs the web app by choosing the appropriate development framework. Later, the developer tests and deploys the web app.
Read more: The 101 Guide to Web Application Development
Web Apps vs. Mobile Apps
While web apps and mobile apps are similar in many ways, both are different in many ways.
Mobile apps are made exclusively for mobile gadgets and are suitable for Android, iOS, and Cross-platform operating systems. Usually, mobile apps are mobile-first, meaning they work effectively on smartphones, tablets, or other handheld mobile devices. Most mobile apps work offline too. Examples include Google Maps, Amazon Kindle, Uber, etc. On the other hand, web apps function only when you have internet connectivity. A web app functions in real-time in a web browser with CPU resources. As long as you have adequate internal storage, you can download a mobile app from an app store or play store.
Read more: How are Mobile Apps Different from Websites
Types of Web Applications
Typically, web applications are classified into three categories based on the tools and technologies it uses.
1. Client-side web application
Client-side refers to everything the user sees at the end-user side, such as text, images, videos, forms, and the other UI. Client-side web applications are written using HTML, CSS, and JavaScript, and they work in a web browser. Angular js, Vue js, Ember js, Backbone js, Node js, etc., are some of the popular JavaScript libraries used for front-end development.
You can consider client-side web app building when you don’t need to preserve the user information for more than one session. It is perfect for easy games or image editors. Google Earth is a leading example of a client-side web application.
2. Server-side web application
These are web apps that can be coded in several programming languages such as Python, C+, Ruby, PHP, etc. If you develop an app with just the server-side, then the outcome of any changes in the form submission, sections, and data updates will create a new HTML file and cause the web page to reload.
Server-side programming is beneficial if you want your web application to deliver information tailored for individual users. For instance, e-commerce applications like Amazon use server-side programming to create product search results, offer product suggestions based on past buying habits, enhance user experience, and simplify the purchasing process.
3. Single-page web application
Single-page applications are designed to work in a browser and do not require reloading while in use. Most of our daily apps, such as Facebook, Twitter, Google Drive, Gmail, etc., are single-page apps. Single-page web applications offer an unmatched user experience as the user doesn’t have to wait for page reloads. Single-page applications are highly responsive to user queries as they do not depend heavily on client-server communication.
Read more: A Detailed Guide to Types of Software Applications
Technology Stacks for Web Application Development
The following web development technologies enable you to create a high-performing, fast, and advanced web application.
1. Database technologies
Due to its simplicity and multifunctionality, MySQL is one of the most preferred databases utilized for web application development. Other popular database technologies include Oracle Database, PostgreSQL, Microsoft SQL Server, Microsoft Access, MongoDB, and RavenDB.
2. Front-end technologies
To develop the client-side of an app that the users interact with, you can choose highly efficient front-end JavaScript frameworks such as:
- React JS: This is a robust and most widely used JS framework for developing large-scale and complex dynamic web apps.
- Angular JS: A popular front-end framework by Google, Angular JS is suitable for building dynamic web apps, using HTML for static web pages.
- Vue JS: Fairly new, this JS framework does wonders for applications. Vue JS provides an ecosystem of assisting libraries and an accessible primary library for applying huge complex page apps.
- Backbone JS: This lightweight JS library has a RESTful JSON interface that follows the MVC (Model-View-Controller) application design standard. Backbone JS helps develop and structure the client-side applications that run in a web browser.
- Node JS: It is a cross-platform, open-source JS runtime that runs on the V8 engine and is designed to build scalable network applications.
- Ember JS: It is an open-source JS framework ideal for developing single-page applications.
The above list features only some of the leading JavaScript frameworks used for client-side programming.
3. Backend Technology
Frameworks such as Go, Ruby, Java, Django & Python are some of the most powerful back-end development technologies.
- Ruby: Ruby is an open-source, general-purpose, object-oriented programming language used to build highly secure and fast web applications.
- Java: A multi-purpose programming language, Java is leveraged for Android app development, desktop apps, and web app development. Java offers excellent security and stability.
- Django & Python – Python is flexible, advanced, and has a low learning curve. This programming language covers back-end web development. Python, along with its framework Django, can meet back-end development tasks efficiently.
- Go: Designed by Google’s developers, Go is an open-source programming language that is fast and statistically compiled. It helps build simple, reliable, and concurrent web applications.
Read more: Top 6 Stacks That Reign Software Development in 2020
Benefits of Web Application Development
- Speed and cost: Web application development is faster and more economical than building native apps. If your primary goal is to accelerate time-to-market, then web application development is the best choice.
- Cross-platform capabilities: Web applications can be programmed to run on any operating system. Due to their cross-platform capabilities, web applications can adapt well to Android, iOS, Mac OS, and Windows phones. Device responsiveness of web applications helps you get rid of OS dependencies.
- Browser compatibility: A web application runs on the device’s browser using an accessible URL. Modern web applications are compatible with all browsers, such as Google Chrome, Internet Explorer, Firefox, and Bing. So, you don’t have to face software compatibility challenges.
- No downloads needed: Web apps don’t need to be downloaded from app stores such as Apple’s App Store or Google Play. This helps save money since having a direct link through a web app is free.
- Easy to update: Updating web applications is easy, as only the server(s) would require upgrades.
- Cut operating costs: Web application development is a great way to cut operating costs. You can eliminate unnecessary expenses such as hardware purchases, frequent device updates, and maintenance of numerous systems.
- Custom web applications: Custom web application development offers several benefits as you can tailor the features for the users. These applications are easily accessible via browsers with a stable internet connection. Custom web apps help cut unnecessary expenses and save time as you only need to develop the required features.
Read more: Custom Software Development is The Ideal Way to Build Business Apps in 2021
A custom web app can significantly improve your business traction, brand awareness, communicate your brand ideology and help you gain a competitive edge in the chosen target market.
Web Application Development Process
Here is an overview of the steps we follow at Fingent for developing web applications.
1. Conceptualize
The first step is to define the problem you want to solve with a web application and collect all the relevant information needed for app development. A well-defined problem will give an excellent head-start to the project and help you identify the best solution. Next, clarify the purpose as well as the end goals of the application.
Ask these questions during the planning phase:
- What app do you want to build?
- What features and functions should it include?
- What is the audience of your product?
2. Design and build
The designing phase involves creating a wireframe for communicating the solution to target users. Then, the developers can consider designing elements that will provide an enjoyable user experience to the target audience.
Post-design, the next step is to build (develop) the application. The following steps will happen in this phase.
- To create a database for storage, the developers need to determine what data and data types are required for the application to perform well.
- Based on the elements approved by the users during the wireframing process, developers will create the front-end application. For this, the developers need to identify the best frameworks for front-end development.
- Developers will create interaction between the user and the server.
- Developers can either code from scratch or use front-end and back-end frameworks to develop the web app.
- Based on the application type, that is, client-side/ server-side/ single-page, programming is done.
3. Test and implement
Whether it is an automated or manual web application, testing for the web application is an ongoing process throughout the software development lifecycle.
- The Testing (QA) team will have to test the app for usability, compatibility, functionality, security, and performance to eliminate bugs and ensure that the application works without any glitches.
- Testing also helps identify any possible improvements and upgrades to make in the future.
- Once the testing is completed, you can finally implement the application in your company or customers.
- When using it for your company, you will have to train your employees to use the app productively (if the app requires training).
- For customers, you will have to create a communication strategy and decide on the appropriate timing to launch the application in the market.
At Fingent, we help you perform all the mandatory software and usability testing to ensure that your web app functions seamlessly. We also provide training and support to use the apps effectively.
4. Hosting and Maintenance
You must buy a domain and choose a hosting provider to create a server location for the app. We help you choose shared hosting, dedicated hosting, or cloud hosting based on your requirements.
We also help you maintain the web application. Some of our application maintenance services include:
- Ongoing QA testing
- Bug fixes and improvements
- Addressing changes and adding features based on user feedback
- Providing regular updates and technical support
Read more: Cloud Service Models SaaS, PaaS, IaaS: Choose the Right One for Your Business
Web Application Development Validation & Deployment
Once your web app is developed and ready to be launched, remember it must be tested to ensure that the app functions correctly before its deployment. Bug fixing alone is not sufficient. Testing is vital to web application development.
We perform standard web application testing, such as:
- Usability Testing
- Performance Testing
- Application Security Testing
- Quality Assurance Testing and Bug Fixing
- Browser Compatibility Testing
- Responsiveness Testing (Responsive Web Design)
After completing the quality assurance process, your web app is ready for launch. You can use GitHub, Beanstalk App, and Bitbucket App to deploy the web app to your servers. Any new features, changes, and improvements to the deployed application are implemented according to the user’s feedback.
With over a decade of experience in web application development, Fingent helps you cover all these processes.
Read more: Offshoring Software Development: Here’s All You Need to Know
Web Application Development Trends
Here are a few trends you should know before starting your web application development project:
1. Chatbots
Of late, chatbots are gaining popularity, as many companies are incorporating these virtual assistants on their web application tools. A prime example, Google Assistant, is a popular chatbot that we all know. Chatbots are enabling companies to deliver more personalized content to the users and engage them better. Virtual assistants like chatbots help businesses convert a regular user to a potential customer.
Multi Utility Assistant or MUSA is an AI-powered virtual assistant (a chatbot) integrated with Fingent Hub – Fingent’s internal employee management system. MUSA enables employees to get answers to common queries related to HR and IT DevOps processes at Fingent.
Read more: 5 Leading Chatbot Use Cases Explained with Real-life Examples
2. IoT
Internet of Things (IoT) is another exciting web app trend you can’t afford to ignore. Digital transformation has increased the number of connected devices all over the world. The need to connect between business applications and sensor technologies will affect the web application development process. Hence IoT is a must-watch development trend today.
Alexa, Uber, and Google Home are a few examples of IoT-based connected applications. Experts estimate that by 2025, over 75 billion devices will be connected to the internet. So, if you want to be on the popularity wave, make sure to use this digital trend in your web app development.
Read more: IoT: Why and Where Should You Invest
3. Mobile and web app development optimization
To get a high SERP ranking and get to the top of your industry inquiries, you will have to optimize your web application for mobile and web platforms. Search engine optimization is crucial to bring potential leads to your application and boost your brand awareness. So, optimize your web application’s content, layout, and design for both web and mobile. Google prioritizes the responsiveness of websites when it comes to search. So, the adaptive web layout plays a vital role in the Google search process. Use techniques such as AMP (Accelerated Mobile Pages) to enable your web app pages to be served more quickly.
The Cost of Web Application Development
Numerous factors influence the cost of web application development. As no two apps are the same, the price will vary, based on:
- Features and functionality of the web application
- Complexity of the application
- Phase-wise development plan
- Various modules included
- Platforms selected to develop the app
- technology stacks selected
- Estimated project timelines
The cost of a complicated and custom web application development process would again differ from pre-defined, packaged, and general-purpose applications. For example, if the app requires developing APIs and plugins or if it uses complex technical stacks, separate UX/UI elements, brand identity development, etc., the pricing will go up as the advantages are humongous.
Read more: How much does it cost to build an app in 2020
FAQs About Web Application Development
1. What is better: Multi-page Website or Single-page Website?
While both are good at their place, most people prefer the single-page website. This is because a single-page website offers ease of interaction and access compared to a Multi-page website.
2. Is it necessary to include chatbots on the website?
If your business has a lot to do with queries and solutions or customer interactions, it is recommended you get a chat window.
3. Should a website be built using frameworks or pure codes?
For quality web application development, you should include both as it will help you avail more benefits.
A combination of frameworks and pure codes will work as it will take lesser time and also ensure quality development.
4. What are the common technologies used in web app development?
Some of the renowned web app development technologies are:
- Models: HTML, XSL, XML
- Animation: AJAX, Flash, jQuery UI, ActionScript, JavaScript
- Databases: MS SQL, MySQL, Microsoft Access, SQLite, Oracle, PostgreSQL
- CMS: WordPress, Drupal, Joomla, Kentico, Sitecore, Sitefinity, Sanity
- Programming: C#, PHP, ASP, ASP.NET, ASP.NET+MVC, Python, Ruby, Django, Go
- Payment Systems: PayPal, Assist, MoneyBookers, SMS, OSMP
Read more: Why Software Development Outsourcing is a Smart Move Now
Develop Your Web Application with Fingent
Web application development is mandatory for your organization to lead the digital space and reach more customers in the future. Through web applications, you can do brand building, increase brand awareness among customers, promote your products and services effectively, and gain a competitive advantage. For more than a decade, we have been helping businesses -small and large- develop custom web applications that were crucial in improving their profits, performance, productivity, and overall operations. Interested to learn more? Contact us right away.
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Mobile App Development – Complete Guide for 2026
Table of Contents
- End-to-end Mobile Application Testing
- Top Trends in Mobile App Development
- How Custom Mobile Apps Help Grow Your Business
- The Cost to Develop a Mobile App
- Five Reasons Why Mobile Apps Fail and How to Prevent the Letdown
- Tips to Build Successful Mobile Apps
- Develop Your Mobile Application with Fingent
Introduction
What is Mobile Application Development?
Top Mobile Application Development Platforms
1. Android
2. iOS
3. Hybrid
Mobile Application Development Approaches
1. Native Mobile Applications
2. Hybrid Mobile Applications
3. Cross-platform Mobile Applications
4. Progressive Web Applications
Top Mobile App Development Technologies
React Native offers a best-in-class JavaScript library for building native user interfaces for your iOS and Android apps, using a single code base that can be shared across all platforms. It allows developers to iterate at lightning speed and create truly native apps without compromising your user experiences.
This software is distributed freely to the users on a trial basis, usually with a limited-time offer. After that, the users are expected to pay if they want to continue to use this application software. Some examples of shareware are WinZip, SnapTouch, and Adobe Acrobat.
Xamarin is an open-source mobile app platform for the .NET which offers tools and libraries specifically for building apps for Android, iOS, tvOS, watchOS, macOS, and Windows.
If you are building something specific to Apple OS (native to Apple), Swift is the language to seek. Swift is a popular iOS application development language that offers advanced features with minimal coding that can be easily maintained. Swift is a powerful and intuitive language loved by Apple developers who use it for macOS, iOS, watchOS, tvOS, and so on.
Ionic is a modern, open-source mobile development framework that offers seamless app UX across iOS, Android, and the Web from a single shared codebase. Ionic is built on top of Angular JS and Apache Cordova. Ionic is the easiest way for web developers to build, grow, and scale cross-platform mobile apps.
Apache Cordova is a free and open-source mobile development framework that leverages HTML, CSS, and JS to target multiple platforms with one code base. The framework is an ideal choice if you want to extend your application across more than one platform, without having to re-implement it with each platform's language and tool set.
Sencha Ext JS is a highly comprehensive JS framework for building data-intensive, cross-platform web and mobile applications for any modern device. It offers numerous enterprise-ready tools, components, and libraries to create stunning mobile and web applications.
Mobile Application Development Process
Researching
Every app begins with an idea. However, your app can be successful only when the idea benefits your customers (app users). Ensure that your analysis includes the demographics, motivations, and behavior patterns of your buyers.Wireframing
Drawing a detailed sketch of the envisioned product helps you uncover the usability issues of your app. After sketching, wireframing helps refine your idea and organize all the essential components.Assessing Technical Feasibility
Asking questions, brainstorming ideas, and reviewing the status allow your team to decide the initial functionality’s feasibility.Prototyping
Creating working prototypes or mockups of your application allows you to verify if your development process is moving in the right direction. Prototyping enables different stakeholders to have a first look at your app and validate the information you have gathered.Designing
Create multiple variations of the screen. A clear visual direction helps you visualize the final product.Developing
This is the core phase of the application development process, where you actually develop the mobile app.Testing
The app is delivered to the potential users to test its user experience. Their feedback and opinions will help you add what your app lacks from their point of view.Launching
Publish your app to the app store. Plan regular app maintenance to fix bugs and enhance user experience.Mobile Application Front-End and Back-End
End-to-end Mobile Application Testing
- Step 1 : A developer must outline the list of all the cases and create a test plan.
- Step 2 : Decide whether the test will be manual or automated.
- Step 3 : Define test cases for different functionalities.
- Step 4 : Begin with exploratory testing as it does not require any initial investment.
- Step 5 : After detecting the patterns of outcomes and their frequency, consider automating the predictable ones.
- Step 6 : Start the sprint with usability and beta testing.
- Step 7 : Assess the performance of the entire system.
- Step 8 : Conduct security and compliance tests to deal with exceptions and unpredictable situations.
- Step 9 : Launch the application to the app store and fix any issues post installation.
White Paper
Top Trends in Mobile App Development
New research indicates that the global mobile application development platforms market is expected to reach $44.3 trillion by 2027. Technology advancements, growing consumer demands, and several other factors directly influence the mobile app development process today. Here are the top five mobile app development trends that will dominate 2022.
1. Native Mobile Applications
2. Augmented Reality (AR) and Virtual Reality (VR)
The use cases for AR in mobile apps is continuing its upward trend in 2022. By the end of 2024, the number of mobile AR users will reach 1.73 billion. AR is widely used by retailers, educational institutions, healthcare providers, workforce management teams, ecommerce companies, industrial manufacturing units, and other industries to create powerful mobile user experiences that help them gain a competitive edge.
3. Low-code App Development
4. Mobile Commerce
According to Insider Intelligence, mcommerce volume in the United States is poised to increase from $128.4 billion in 2019 to $553.28 billion through 2024. The retail industry has reached a tipping point where a mobile app is a must for your business to stay competitive. Any single person or business selling online is ultimately trying to replicate the success model of ecommerce giants like Amazon. So, a mobile commerce app should be on the top of your list in 2022.
5. Predictive Analytics
How Custom Mobile Apps Help Grow Your Business
Improved Data Security
Custom mobile apps offer robust data protection against cyber-attacks by using additional configurations and measures, which off-the-shelf apps don’t provide. When you have a custom-built mobile app, your confidential data will not be available publicly. A unique security code and encryption are used to hack-proof your mobile application from any such attacks.Seamless Integration with Other Software
Most commercial, off-the-shelf mobile apps aren’t compatible with your existing business software, which can affect your productivity and performance. In contrast, you can make custom software integrate with all your current business applications quickly. Rapid and seamless integration of your custom mobile application with any third-party software makes it easy to manage your business operations.Highlight Your Competitive Advantage
A tailor-made mobile app with all the unique features that perfectly fit your business allows you to stay competitive. This is highly critical if you are offering a product or service with unique features and functionalities that your competitors are not offering. Custom software development will help you release an original application or platform that gives you a competitive advantage over similar players in your industry.High Scalability
Your mobile application should scale as your business grows. Only a highly scalable mobile app offers you the ability to handle rising demands, stay in track of the latest technology and market trends, and outgrow competitors in your business sector. It’s easy to add new capabilities or features to a custom mobile application without affecting its performance or leading to prolonged downtimes. Choosing a custom mobile app now will help you avoid scalability issues in the future.Long-term Support and Maintenance
Business growth warrants changes to your mobile application. When you use a boxed software, the quality of technical support and maintenance solely depends on the software provider’s policies, availability, and capability. A custom mobile app frees your business from such restrictions by offering dedicated support to enhance, customize, maintain, and scale your app. Tailored software allows your business to grow while improving and evolving your application in the required direction and measures.The Cost to Develop a Mobile App
1. Features of The App
2. Different Devices and Platforms
3. Native or Cross-platform Development
4. In-house Development or Outsourcing
More insights on mobile app development cost:
Five Reasons Why Mobile Apps Fail and How to Prevent the Letdown
1. Lack of Market Research
2. Absence of a Robust Mobile Strategy
- What is my mobile app’s selling point?
- What features should I incorporate?
- What benefits will my app offer the user that my competitors don’t?
3. Poor App Design
4. Failure to Execute the Plan Precisely
- Have an original idea to offer value to your customers
- Work with people you trust. Discuss your challenges with your mobile app development partner if you are outsourcing.
- Have a conservative budget that is well planned and generously funded
5. Failure to Market Your App
- Have a crystal clear marketing message that nails your target audience
- Deliver your message through the right channels
- Focus on the solution
- Help the customer realize how they can benefit from your product or service
- Depending on your financial situation, offer discounts and other perks to attract more users
Tips to Build Successful Mobile Apps
According to a report from data.ai, the global app downloads reached 37 billion in the first quarter of 2022, with the biggest ever consumer spending on apps hitting a whopping $33 billion. The message is clear. There is hope for every mobile app. Here are three important tips to help you approach app building with confidence.
- Be agile, but know your limits:
- Know the risks:
- Build trust:
Develop Your Mobile Application with Fingent
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Custom patient engagement platforms improve caregiver-patient interactions today. Here’s how.
With the COVID-19 pandemic restricting face-to-face engagement, patients have started using telehealth (telemedicine) technology and other digital channels to receive healthcare services. The growth of digital healthcare will increase the demand for healthcare technologies in the future. 81% of people (patients) want healthcare providers to know them individually and deliver more personalized and meaningful experiences.
While support programs like teleconsulting do not replace the physical presence of healthcare providers, they offer valued information, which is the need of the hour. With stay-at-home mandates, social distancing, and lockdowns, telemedicine is the vital care model that boosts patient engagement today. Personalized patient engagement fosters trust among patients and ensures continuity of care. So, in times of pandemic and beyond, patient engagement platforms will play a crucial role.
Read more: 5 ways to optimize the revenue of your medical practice and clinical processes
Patient engagement and its growing significance
In simple terms, patient engagement is a concept where patients are actively involved and considered important decision-makers in their care.
Engaged patients are:
- Informed- as they understand their health status and the treatment.
- Empowered- as they believe they can change their health outcomes.
- Heard- as they can communicate with their providers better and participate in shared decision-making.
What is a patient engagement platform (PEP)?
A patient engagement platform is an application that enables patients to interact with healthcare providers via their mobile device, tablet, or computer. The patient engagement platform keeps the patients involved beyond the four walls of the hospital.
When implemented effectively, patient engagement platforms can help streamline access to medical records, provide appointment reminders, enable self-scheduling for patients, and deliver patient education or awareness.
How do patient engagement platforms help?
Patient engagement platforms (PEPs) can help automate the following processes.
- Send reminders to patients regarding their postoperative treatment protocols
- Allow patients to update mobility reports and pain score
- Deliver educational content
- Manage images of wounds
- Record and monitor health vitals like BP, FBS, BMI, etc.
Read more: 7 major impacts of technology in healthcare
What are the benefits of a patient engagement platform?
1. Ease the patient engagement process
A customized patient engagement platform helps improve your patient experience by assisting them in scheduling medical appointments. It can also help notify patients about their next visit to the clinic, or when they need to check their health vitals, or when their current medication course will be over. In addition, caregivers can use the patient engagement platform to track a patient’s medical history and use the data to channelize treatment plans when the patient pays a second visit.
2. Enable caregivers to focus on core competencies
With a patient engagement platform in place, patients can fill in medical forms, electronically scan their insurance cards, and consent from their mobiles, laptops, or computers. It will allow healthcare providers to focus on their core competencies and saves patients from standing in queues or long wait times. In addition, it can expedite the care delivery process during an emergency.
Case Study: Fingent partnered with Casenet’s Advanced Solutions Group to develop TruCare Insights as a reliable population health management platform. Download Now!
3. Empower care providers to make informed decisions
Healthcare organizations can use information like satisfaction scores, online appointments, wait times, and ROI to make informed decisions related to staffing and identify opportunities for improvement. Custom patient engagement platforms allow clinicians to track all this information effectively. It goes a long way in supporting clinical decision-making.
4. Optimize healthcare throughput
Patient engagement platforms allow online registration that ensures patients have less waiting time in the clinic. It enables healthcare providers to attend to more patients in a given time and improve data accuracy and demographics. In addition, patient engagement platforms spare medical professionals from time-consuming and manual data management processes so that they get time to receive advanced medical training. Nurses, physicians, administrators, and other hospital staff members can streamline their communication, increase staff satisfaction, and utilize data analytics to make strategic decisions.
Benefits to the patients:
- Patients are aware of the next steps, such as diet plans, exercises, medication plans, or next clinical visit
- Consistent and transparent care will be available 24/7
- Augmented patient engagement and experience
- Improved communication lowers preoperative stress and anxiety
Case Study: How did a data analytics solution help NHS gain financial, clinical, and geographical insights to improve visibility over their KPIs? Read Now!
What to look for in a custom patient engagement platform?
Given the changes in patient behavior, expectations, and changing healthcare landscape, healthcare providers will have to ramp up patient engagement strategies and implement the latest engagement technologies. Patient engagement platforms must enable providers to determine the best ways to deploy their expertise and services to their patients.
Read more: Digital tools reshaping the healthcare industry
So, make sure the patient engagement platform has the following capabilities.
1. EMR integration
The patient engagement platform should integrate with Electronic Medical Records (EMR). For example, the platform should receive data from the EMR, such as a referral or recall, and revert to the EMR.
2. Sentiment analysis
The main aim of patient engagement is to understand patients on a deeper, emotional level. So, it is crucial to leverage sentiment analysis technology. This will enable providers to recognize when a patient is happy or frustrated and respond accordingly.
3. Real-time and interactive patient communication
The platform must encourage bidirectional communication, specifically text-based messaging. In short, patients must be able to communicate with their health system easily.
4. Chatbot functionality and keyword actions
The use of chatbots and keywords in patient engagement platforms is trending. It helps reduce human intervention. So, the patient engagement platform should allow for automated responses to common questions such as “where are you located?” The platform must also enable keywords to trigger automation, such as scheduling a ride for patients who need a lift.
Read more: 5 leading chatbot use cases explained with real-life examples
5. Patient on-boarding
The platform should drive patients to the patient portal and help them register quickly and conveniently to get medical support on time.
6. Integration with other vendors
A single app can’t solve it all. It is just not feasible and is also not in your patient’s best interests. Make sure that your patient engagement platform integrates seamlessly with your other vendors. For example, the platform can offer billing features or even integrate with medical billing software, medical invoice management software, etc.
7. Boost employee adoption
Your staff must like and accept the patient engagement platform. If they don’t appreciate the new technology, it won’t fulfill its potential. In addition, you must ensure that the patient engagement platform enjoys enterprise-wide adoption and has a user-friendly UX and UI.
8. Offer multilingual support
As not all patients speak English, you will have to ensure that the platform supports different languages used or spoken widely by your patients.
Read more: 5 essentials to an effective healthcare application
Why should you adopt a custom patient engagement platform?
A custom patient engagement platform is specifically developed for your organization to cover your unique healthcare requirements and cater to your internal processes.
As such a platform is built from scratch, it gives you the freedom of choice for technology. Additionally, you can easily integrate this platform with third-party systems because you get to control the code entirely. Also, you will have full ownership of the final product and customize the software according to any relevant changes in your organization.
Benefits of a custom patient engagement platform
- High scalability
- Seamless integration to your existing infrastructure
- Enables integration with any new services you are willing to include in your medical practice
- Freedom to choose the technology
- Gain full ownership of the resulting solution
Custom patient engagement platform is best suited for medical practices that:
- Offer a wide range of services
- Plan to expand in size and services
- Have rigid workflows that are difficult to adapt
- Want to integrate the new solution with the existing system
Read more: The application and impact of information technology in healthcare
Develop your custom patient engagement platform with Fingent
At Fingent, we have the expertise and work closely with you to build a custom patient engagement platform to suit your business needs. Our software development experts help you select the best web development frameworks, database and backend technologies, data visualization formats, and leading front-end technologies to develop your patient engagement platform or any medical software that you would require.
Fingent helps you develop healthcare application platforms tailored to your needs, with top features like appointment scheduling, medical billing, patient feedback management, payment processing, chatbot, and fundamental to in-depth analytics. To know more, please get in touch with us.
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Outsourcing Software Development In 2024: Ultimate Guide
Table of Contents
- Predicted growth of IT outsourcing market size during 2020-2024
- Projected CAGR of IT outsourcing market by 2024
- YoY growth of IT outsourcing market during 2020-2024
What is Software Development Outsourcing?
Top Technology Outsourcing Trends in 2022
- Cloud Data Storage
- AI, IoT, and RPA
- Blockchain Services
- AR and VR
- Cyber Security and GDPR Compliance
What Kind of Software Development Services Can You Outsource?
Why Software Outsourcing is Good For Your Business?
Focused Business Development Strategy
To win the technological race, you need to have a focused strategy. Every business needs to align its operational strategy with the changing people, process, and technology. When your software is developed by an outsourcing company, your business processes will be highly streamlined and optimized, allowing you to focus on the core activities that will take your business to the next level.
Business Continuity Planning
Outsourcing your IT necessities can be a boon in times of financial and natural adversities such as the COVID-19 crisis because outsourcing companies like Fingent implement business continuity planning and disaster recovery measures to fulfill obligations and deliver services without interruption.
Manage Risks and Compliance Effectively
Partnering with a software outsourcing company like Fingent enables you to mitigate the risks associated with handling your project. We follow a high-quality project management system that has been tried, tested and proven across our past as well as ongoing projects. We take care of all the legal compliance-related matters that have to be fulfilled while onboarding offshore resources as well as setting up contracts with our clients. This lets you focus on the things that matter.
Gain An Edge Over Competitors
Outsourcing software development services accelerate your time-to-market. With people working around the clock, your competitiveness improves greatly and gives you an edge over your competitors. Outsourcing software development companies do not necessarily demand you to make any upfront investments. The cost advantages make your development project more attractive and reduce your overall workload. With outsourcing, you will gain access to new and innovative perspectives and an opportunity to utilize strong and diverse technology expertise.
Why Do Businesses Outsource Software Development?
Outsourcing Benefits Achieved by Businesses in 2021
- 88% Cost Reduction
- 78% Standardization and Process Efficiency
- 63% Improved Business Value
- 67% Developed New Capabilities
- 54% Accelerated Digital Goals
Here are some of the key benefits of outsourcing software development:
Save Costs
Outsourcing is the most viable option to reduce your overheads and increase profit margins. Offloading your software project to an offshore development partner allows you to get the same amount of work done, with the same quality at a much lesser cost. For instance, the average offshore software development rate in India is $30 per hour, whereas in the USA, the hourly developer rate will cost around $100. Software development outsourcing saves you from investing heavily in infrastructure, licensing and subscription charges, and other training costs. It’s more feasible than keeping full-time employees on your payroll.
Gain More Flexibility
When you outsource, you only pay for the skills and expertise required to execute your project. Software outsourcing gives you the flexibility to scale up or down the size of your team based on your requirements. Outsourcing empowers your business to address the changing market needs easily and stop worrying about the rising cost of hiring and other technology investments. It improves your team’s focus on the mission-critical activities essential to run your business successfully.
Access to World-Class Technology
When you team up with a strategic and trusted offshore software developer possessing a proven track record, you will gain an upper hand in technology. Access to cutting-edge technology without any hefty investment gives you a competitive advantage over your peers. Software development outsourcing ensures innovation and sustainability by helping your business stay ahead with technology.
Reduce Time-To-Market
Outsourcing software development relieves you from the mammoth task of searching for new developers and preparing them to work on your project. When you have a dedicated offshore team working on your product in different time zones, you are all set to make progress 24/7. A competent software outsourcing partner understands your project’s ideas precisely and helps reduce your time to market significantly. Outsourcing allows you to minimize the risks associated with software development as you work with a team that uses high-quality project management systems and established workflows.
Reach a Wider Audience
Software outsourcing companies come with diversified experience of tailoring their services to businesses across multiple verticals and geographies. They follow the latest industry standards and software development best practices to build high-performing modern apps that meet your customers’ expectations and expand your market reach.
Five Major Software Outsourcing Models
Fingent’s Software Outsourcing Success Stories
1. Custom Property Management Software
Challenges faced by property managers
- Complicated rent collection and distribution involving multiple tenants and owners
- Managing maintenance requests from every nook and cranny
Solutions delivered by Fingent
- Automated the rent collection and distribution process
- Eased the handling of maintenance requests and complaints
- Simplified the software for property managers and tenants
Benefits gained
- 60% time savings through automation
- 3-4% reduction in rent collection service charges
2. Customizable Course Mapping & Pivoting Application
Challenges faced by educational institutions
- Complex course accreditation process
- Aligning courses to compliance regulations
- Inability to manage credit hours in real-time
Solutions delivered by Fingent
- Customized application for tracking credit hours and managing courses
- High scalability and integration capabilities leveraging web, cloud, and mobile
- Helped establish a pioneering approach to address compliance in education
- Anytime, anywhere access to data through secured user profiles
Benefits gained
- 508 compliance - Accessible to people with disabilities
- LTI integration - Interoperability with other education platforms
- 60% reduction in cost and effort spent on course management
3. AI Application to Manage Workers’ Compensation Claims
Challenges faced by the legal attorney
- Balancing the time, cost, and cases in hand was hard for insurance carriers
- Painful, manual methods for document segregation and analysis
- Personnel training stress diminished workforce efficiency
Solutions delivered by Fingent
- AI-based application that combines client’s pioneering litigation strategy
- Employed OCR and AI for smart data extraction
- Intuitive dashboards to derive basic case information at a glance
- Contextual analysis to extract meaningful insights from larger datasets
Benefits gained
- 50% decline in claim cycle time and associated personnel costs
- 57% cost-drop for the insurers, carriers, and claim admins
- Average case settlement time reduced to 1-2 days
Does Your Business Require Software Outsourcing?
- If you are hard-pressed to launch your product or service in the market in minimal time, without heavily increasing your existing overheads
- If your product or service is already a hit in the market and you want to reach out to all your customers and provide a better, efficient, and faster service
- If you require custom software development, process automation, updates, and upgrades on your existing business application
- If you want your software to be developed by a domain expert, specialized in developing software for your industry
- If your business has to undergo digital transformation while saving costs on resources and infrastructure
- If you are unable to juggle new business and software requirements as well as current internal workloads
- If your core business area is not related to software, but you need a mobile app or a cloud-based software to run your daily operations
“By the end of 2023, the global value of the IT outsourcing market is expected to exceed $1.3 trillion as companies increase their search for digital transformation experts.”
Best Practices to Follow While Outsourcing Software Development
- Find out if the offshore service provider’s experience is sufficient to handle your project requirements.
- Get introduced to the team of software developers, architects, business analysts, and other key people who are supposed to work on your project.
- Ensure to have a full-time onshore lead and an offshore lead to help establish the coding standards, solve technical issues, and mentor the offshore team.
- Use video conferencing to arrange regular meetings to handle any roadblocks, discuss queries, and resolve issues in a timely and efficient manner.
- Use a collaborative project management tool to plan tasks efficiently, prioritize tasks, and track the project’s progress.
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How Organizations Can Embrace Transformation and Expedite Their Growth
From remote working and e-learning to sales and customer service to more critical cloud infrastructure and security, the COVID-19 pandemic has accelerated technology adoption across several key domains. The pandemic has made digital transformation crucial for business growth across various industries. Satya Nadella, the CEO of Microsoft, puts it that “We’ve seen two years’ worth of digital transformation in two months.”
That said, companies will have to change their mindsets and adopt new strategies to stay relevant and competitive in future. Here are six ways you can adapt to the new normal and taste business success.
Read more: How Business Owners and Leaders Can Set up a Successful COVID Exit Strategy
1. Adapt to change
Change is the only constant and more so today than ever before. Change is happening at a faster pace and is very crucial for small businesses. Today, old and traditional methods of winning clients and serving them do not seem to fit. The list of things you need to change may be long and only growing. Instead of reacting to these changes, the best approach is to embrace them and treat them.
So, when you treat the problem, you employ change to work with you and not against you. People are more likely to accept strategic changes now, especially if the initiatives are focused on improving their lives.
Bring agility and innovation to your business by implementing a quarterly strategic planning and review process. It will allow you to remain focused, actionable, and agile by adopting new learnings.
While you are in the process of adapting to changes, consider a few questions that you need to ask yourself.
- What can disrupt my business and change everything?
- How can I lead that change?
- How can I ensure that my business stays relevant and profitable in the next five years?
Read more: Top 5 Organizational Imperatives for Business Leaders to Become Winners in the New Normal
2. Customer always comes first
As consumer needs keep evolving, you have to think of ways to meet the new supply and demand to stay relevant and competitive.
Social distancing due to the pandemic has left many businesses struggling—for instance, physical retail stores, manufacturers, automotive, banks, etc. Many product-based companies face significant issues related to manufacturing and distribution. Service-based companies are also suffering due to poor customer demands. In short, business models should be revamped so that they are immune to new challenges.
The pandemic has even changed customers’ needs and preferences.
One of the best ways is to engage in a conversation with your clients to identify opportunities. You could probably start by asking a probing question at the end of the conversation with your client. You may also conduct surveys or quarterly client advisory groups to follow a more formal process.
To stay relevant, you will have to prioritize customers’ needs and problems. It is imperative for future growth and innovation.
View Infographic: Business technologies to boost customer experience and satisfaction
3. Implement automation wherever possible
Working smarter means hiring and collaborating with the right talent. Encourage teamwork for removing the bottlenecks and hurdles. It will translate to more revenue with the available resources. Effective workplace collaboration will also boost your team’s morale and reduce lay-offs.
Leverage technology and systems to streamline your business and allow it to run smoothly. According to Gartner, by 2024, businesses will see a 30% reduction in their operational costs by combining hyper-automation technologies with redesigned operational processes.
Identify processes that can be automated and evaluate how automation will enhance your customer service and experience.
Read more: What Makes a Business Process Apt for Automation
Automation of repetitive, routine, and mundane tasks saves your workforce’s productive hours and spares them for more crucial tasks. Automation enhances your organizational efficiency and offsets growth investment.
4. Speed is the key to sustain in 2021
The pandemic has made companies rethink their conventional organizational models and pushed them to adopt new ways of working at speed. Flat structures empowering decision-making are replacing the traditional management-led hierarchies. It enables companies to perform with improved speed and precision. For instance, PepsiCo adopted newer working models to enable fast and easy access to their products during the pandemic. Within 30 days (from concept to execution), the company launched two direct-to-consumer (D2C) websites.
5. Adopt digital commerce
The pandemic has spurred digital commerce like never before. Deloitte’s 2020 holiday retail survey reports that contactless shopping experiences enjoyed a huge spike in demand during the holiday season last year. Over 73% of shoppers planned to have orders delivered to their doorsteps as against 62% in 2019.
Read More: Contactless Retail Delivery Software – How Retailers Can Revive Sales While Adhering To Social Distancing Norms
Companies should accelerate and optimize both B2B and B2C digital commerce channels by developing custom retail software solutions to enjoy the benefits of e-commerce sales and ROI.
As customers demand efficiency and speed, organizations must give precedence to customer experience to overcome competition.
In 2020, Adidas established itself as a top digital commerce player targeting $4.9 billion in online sales, almost 12% of their overall business. In the future, the company expects it to rise to 25%. Also, they were quick to recover from the pandemic impact with an increase in online sales during the lockdown.
Read more: 5 Transformative Trends Ushered by B2B E-commerce in Healthcare and Life Sciences
Fingent leverages innovative and emerging technologies to help digital retailers and e-commerce businesses
Fingent custom software development experts helps retailers build custom retail software solutions, e-commerce, and mobile commerce apps that help you deliver exceptional customer service and experience, just like your physical retail store. Fingent helps retailers and e-commerce brands develop Augmented Reality-based solutions that allow their customers to preview objects in 3D. Using AR technology, both online shoppers and in-store buyers can choose their preferred products without the hassle of buying the wrong ones. We enable companies with an e-commerce presence to build AR applications through web platforms (WEB AR), avoiding the need for separate mobile apps.
Read more: Technology Investments: How to gain maximum value?
6. Ensure customer data privacy and protection
Data transparency is imperative. With the rise in going digital, the total amount of data created, captured, and consumed will more than double by 2024 globally. A 2019 Factual survey reveals that more than 50% of the US smartphone users will be ready to share their geolocation details with a service provider only if they are aware of how the information will be used. When customers realize the benefits of sharing personal data, such as online behavior, shopping history, mobile app usage, or geolocation tracking and trust that their data will be protected, they will be more willing to share it.
Jersey Mike’s Subs, a US sandwich chain, has a transparent privacy policy that lets you know which customer data they collect and how it is stored and used. Approaches like these that give consumers clarity and control over their personal information will define personalization and enhance customer experience.
Consumer data privacy acts such as General Data Protection Regulation (GDPR) for the European Union (EU) and European Economic Area (EEA) and the California Consumer Privacy Act (CCPA) aim at ensuring consumer privacy rights and data protection under the respective regional, state, and federal laws. These acts allow consumers in the respective regions to see all the information companies have saved on them and how the data will be protected and used.
We help ensure smooth business transformation
As we try to recover from the crisis, it is essential to consider what the future looks like for your business. Your organization must adopt new technologies, innovation, and new practices to ensure a smooth business transition. It also helps you meet the growing customer demands.
Reach out to us and let us help you accomplish a seamless business transition through modern technology adoption.
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Being an Official Partner of Odoo, Fingent has always catered to the needs of various customers and streamlined their operations, thus saving their costs, time, and resources. In this post, you will see how Odoo ERP implementation helps retail management.
Odoo ERP: A Highly Customizable Cloud-based Platform for Retailers!
The retail industry is one of the primary beneficiaries of digital transformation. In 2010, eCommerce accounted for only 5-6% of the aggregate retail sales in the US. The industry has witnessed phenomenal growth over the past decade with the development and adoption of retail technology, ERPs, eCommerce applications, custom retail solutions, and stiff market competition. At present, online retail sales in the US account for 21% of the total retail purchases. Isn’t that mind-blowing?
The paradigm shift from the traditional operating landscape to a digital world presents both opportunities and challenges. Many people look for products online, make buying decisions based on social media reviews, and order products to be delivered home. They even use the internet to search local shops, order online and collect from nearby stores (click & collect) or find retailers that offer discounts in their area. The message is clear: physical/ in-store retailing also needs to pace up with the change.
To overcome the challenges in managing physical and digital selling, retailers need to adopt a modern enterprise resource planning (ERP) system.
Read more: 5 Reasons to Integrate Your E-commerce Application with Odoo ERP
Today, ERP is extensively used to simplify and automate customer relationship management, project management, accounting, compliance, inventory, and supply chain operations. ERP is a reliable investment for business owners as they can control and monitor their operations, get reports, and gain insights on consumer behavior and market situations.
Odoo ERP for Retail Management
ERP software allows integrating the core processes to run a company in one place, such as finance, manufacturing, HR, supply chain, inventory, procurement, tracking, transactions, etc. It also integrates all the data and related business processes of an organization.
Odoo ERP is a popular, open-source, cloud-based business management software that helps manage various business needs such as manufacturing, finance, inventory, point of sale (POS), eCommerce, purchase, logistics, etc. Odoo is an intelligent ERP system that allows retailers to integrate their whole data and all the processes associated with the retail industry. For retailers, Odoo is a perfect choice that increases profit and enhances productivity as it provides comprehensive solutions that can seamlessly integrate with eCommerce.
Read more: 5 signs which imply that your business needs Odoo ERP
How Odoo ERP Benefits Retail Management
Following are the significant benefits of using Odoo ERP in retail:
1. One-step checkout
In online shopping apps, the checkout stage tends to have several processes spread across different web pages. This can put off some customers who don’t want to spend their time navigating through each. Odoo eliminates these multiple processes by offering a one-step checkout that is fast, convenient, and intuitive. It has the potential to reduce checkout abandonment and thereby increase sales.
2. Craft stunning product pages
For eCommerce websites, high-quality product pages are crucial to gain maximum traction. Long descriptions with dull-looking pages are outdated. Odoo ERP lets you build beautiful and stunning product pages with a simple drag and drop feature. You can also customize your online store’s look, layout, color, and theme with Odoo and make last-minute changes to meet the demands and expectations of your clients. You can also make changes and enhancements at regular intervals to add more features to your store. Make sure that your digital store is mobile responsive to be compatible with the changes and new features.
3. Payment module integration
Having different payment options can enhance the customer experience. With Odoo’s plugins and extensions, retailers can integrate and customize various modules like wallets, cryptocurrencies, credit and debit cards, and UPI. It also supports PayPal, PayUMoney, Buckaroo, Sips, Stripe, Ingenico, Adyen, and Authorize.net.
4. Sales, purchase, and finance management
Odoo offers non-retail and retail companies different sales management processes. Odoo has a Point of Sale (POS) module, which is integrated with the sales and inventory module. This module helps retailers track stock and commodities in real-time. The module also allows for the use of biometric devices to log in and out. It’s compatible with any hardware and doesn’t require installation. What’s more, the POS remains operational even when offline.
Read more: How Odoo ERP Simplifies Sales Management in Your Organization
5. Inventory management
It’s a known fact that inventory management in a volatile and dynamic consumer goods market is an arduous task for many retailers. With several issues such as excess inventory or out-of-stock scenarios, inefficient inventory management processes result in financial loss and lead many retailers to bankruptcy.
Odoo ERP offers inventory management as its integral feature, where it stores details of an organization’s entire inventory, including the individual product details. Odoo enables retail managers to keep track of crucial information such as:
- The present status of the inventory
- Items that will run out of stock
- Shelf life details of each product
- Notifications related to product expiry
- Ability to make demand forecasts based on past trends and customers’ online behavior and buying habits
Odoo ERP enables retailers to gain a competitive edge by modifying inventory to meet the fluctuating customer demands.
Read more: Fingent’s new plugin facilitates the scheduling of Zoom meetings from Odoo!
6. Manufacturing and production
Retailers who are also engaged in manufacturing and production can use Odoo’s module to help run functions. The Manufacturing module can assist in creating bills of materials (BoMs), managing semi-finished products, subcontracting manufacturing, etc. It can also help in configuring work centers and managing and configuring kits.
7. The Cloud Advantage
- Odoo solutions are cloud-based, allowing retailers to access their e-commerce stores from anywhere in the world.
- Odoo is flexible, customizable, and scalable, making it especially ideal for small and medium-sized enterprises (SMEs).
- Odoo is an affordable ERP solution with the maintenance fees included in the license fee.
In a nutshell, Odoo ERP serves as a high-performance retail management system where retailers can manage everything on a single system. It can bring tremendous benefits to the retailing industry. They can integrate Odoo’s various business apps such as Sales, Accounting, Customer relationship management (CRM), Inventory, etc., with Odoo e-commerce.
The Odoo App Store features nearly 10,000 apps that connect to the same database on Odoo’s own servers. A testament to Odoo’s popularity is in the numbers: it has more than 5 million users worldwide, from start-ups to large enterprises.
With a simple checkout process, robust customer portal (order tracking, advanced shipping rules, and return management), order review, and wish lists, Odoo ERP provides real-time information to users.
Read more: Why Choose Fingent as Your Odoo ERP Partner
Fingent has an ace team of Odoo developers that offers consulting, development, and implementation services. Whether you want to integrate Odoo ERP with your existing e-commerce store or build an online store from scratch powered by Odoo integration, give us a call right away.
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Logistics Management Software:
Business Applications & Use Cases
Table of Contents
- What is Logistics Management Software?
- Key Features of Logistics Management Software
- Business Benefits of Using Logistics Software
- How To Overcome Logistics Challenges with Logistics Software
- Major Tech Trends that Reshape Logistics Management
- Choosing the Right Logistics Management Software
- Business Use Cases of Logistics Management Software
What is Logistics Management Software?
- Processing customer requests
- Processing purchase orders
- Inventory Management
- Suppliers Management
- Sales and Distribution
Key Features of Logistics Management Software
Business Benefits of Using Logistics Software
- Optimization and cost reduction of the supply chain from 9% to 4% can double profits.
- 70% believe that logistics management software is a key driver for quality customer service.
- Good logistics management software can provide 24x7 customer support.
- Smart and intelligent route planning can ensure a good fulfillment rate and customer satisfaction.
Refine Transportation
Transportation is a crucial and vital area in logistics management. It incurs the most fuel, labor, energy, and shipping charges. Using logistics software helps to simplify and reduce the cost incurred in transportation considerably. Logistics management software makes it easy to analyze data and make relevant decisions for lowering costs and maximizing efficiency.
Faster Delivery
The logistics and supply chain industry are prone to face several issues affecting delivery and delays. By incorporating logistics software, businesses can rapidly deliver their products to customers. Logistics management software significantly improves delivery time by speeding up the production cycle and choosing a suitable carrier. It ultimately reduces shipping delays to a great extent.
Minimize Human Errors
Another notable advantage of implementing logistics management software is minimizing human errors. Manually analyzing large quantities of data is tedious and time-consuming, which leads to flaws. Logistics software simplifies work by quickly processing these data and seamlessly pushing forward the operations with minimal delays.
Automate Functions
Process Automation is a tremendous boon of logistics software integration. Logistics software easily automates certain functions like creating shipment routes, load planning, and tendering of loads to carriers. Moreover, it eliminates paperwork, which helps deal with the processes efficiently and timely.
Reduce Costs
Logistics software can automatically compare different shipping services, delivery agents, and transportation methods to find the least-pricing ones. The other way logistics software reduces costs is by lowering the expedited shipments through improved shipment planning.
Customer Support
Logistics software provides good customer support service tools for all assistance. It provides a platform to centralize all customer support needs. Chatbots, automated alerts, notifications, and virtual assistants improve customer service speed and quality.
How To Overcome Logistics Challenges with Logistics Software
1 Rising transportation costs
2 Delay in delivery
3 Lack Effective Coordination
4 Meeting the demand surge
5 Warehouse management errors
Future trends that Reshape Logistics Management
Choosing the Right Logistics Management Software
Common Business Applications of Logistics Management Software
Use Case # 1 Quick Response to logistics RFQs
Logistic operators must respond quickly to client requests and schedule and process orders. Implementing bots helps respond to RFQs on time and speed up the quotation process with less human intervention. Bots can help provide timely quotations and improve the chances of winning the RFQ. Bots can also support increasing sales because of their 24/7 availability and faster response rate.
Use Case # 2 Identifying invoice discrepancies
On many occasions, the invoices have price differences with the order or quantity differences between the receipt of the goods. Such scenarios in the logistics industry can be avoided using artificial intelligence (AI) or machine learning (ML) techniques. AI uses Natural Language Processing (NLP) tools to extract essential data from invoices to identify budget discrepancies.
Use Case # 3 Displaying route information on drivers’ windscreen
Logistic companies use AR/VR to transport goods, ensuring the delivery of goods is safe, on time, and effective. A driver traveling with the load would find it easy and convenient to find essential information about traffic jams and alternative routes displayed on the vehicle's windscreen. Or the relevant information can also be shown on a smart glass that can be worn by the driver while driving. Such innovative methods help to save time rather than checking information on a separate gadget.
Use Case # 4 Cargo collection and movement
Warehouse automation can automate the movement of goods to and from warehouses with minimal human assistance. Businesses can eliminate repetitive physical work, labor-intensive duties, and manual data entry and analysis. Warehouses can employ robots for tasks like cross-dock transportation and moving cargo from the warehouse to the shipping zone, and automated software can record the movement of that inventory. This helps save upfront costs, from improving operations to minimizing human error.
Use Case # 5 Delivering Better Customer Service
Logistic companies must always be prepared to meet customer needs appropriately. Automated customer service or tools like chatbots and virtual assistants can answer customer queries regarding delivery status, consignment location, and delivery time. The logistic system must be automated, bridging gaps between disparate IT systems with quick access to information to provide quality customer service. This helps customer service agents become more productive and fulfill better customer experiences.
Use Case # 6 Demand forecasting
Demand forecasting is key to success and growth, which helps identify potential scope for expansions and potential threats. The AI-powered predictive analytics feature in logistic management software supports demand forecasting, which enables companies to predict demand, supply, and pricing within an industry. This feature combines historical data from various sources and helps improve demand forecasting accuracy. It will help companies to stock up sufficient quantities to meet customer demands without having a surplus. Moreover, it helps to organize cash flow better and plan the workforce to boost business efficiency.
Use Case # 7 Better control of inventory
An ERP system provides a centralized system to manage the inventory from all corners, with the ability to gather and bring information from different sources into one location, including current requests, inbound and outbound sales, stocks, or delivery status. It helps to streamline various operations and provides an overall picture of the entire logistics system- it tracks the live status of the goods, customer details, customer trends, transportation processes, and more.
Challenges Faced By Companies Implementing Logistics Software
50% of US importers still use spreadsheets to manage their complex international supply chain.
- Lack of awareness and knowledge of digital culture and training
- Slow expansion of basic infrastructure technologies like CRM, auto-reporting, etc.
- No clear vision about digitizing the logistic operations
- Lack of IT competencies to provide adequate training
- Data security and privacy issues
- Unclear economic benefits of digital investments
How Custom Logistics Management Software Can Benefit Your Supply Chain
Why choose custom logistic software?
- They provide all the benefits of ready-made logistics management software and features not provided by ready-made logistics software.
- They provide a more personalized approach to the logistics issues faced by your business.
- They are highly adaptable and sustainable to suit your business landscape.
- They are scalable to meet your changing and future requirements.
- They are tailored only for your business needs and can easily integrate with your existing systems.
Fingent Builds a Custom Logistic Management Software
- Streamlined and accelerated ordering, tracking, and delivery processes
- Cut licensing and subscription costs by eliminating complex third-party software integrations
- 30% improvement in Turn Around Time (TAT)
- 40% time-saving attained through automated tasks and real-time reporting
Transitioning into Cloud-Based SaaS: The Future of Logistics
Bottom Line
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