Category: Enterprise Software
The world of programming has come very far, and it continues to evolve. What this gives you is – options. Out of the many ways to fabricate these programs, the two most common ways are functional programming and microservices. This blog gives you an in-depth view of both of them.
To understand the similarities and differences between these two, we must first understand how they work individually.
What Is Functional Programming?
Functional Programming (also called FP) is a programming paradigm in which everything is bound together by using pure mathematical functions. Its programming style is declarative because it focuses on “what to solve” instead of “how to solve.”
FP is mainly based on the ancient Lambda Calculus developed in 1930. It is famously known as the smallest programming language in the world, and it defines what is computable. Functional programming languages are classified into Pure Functional Languages and Impure Functional Languages. A few examples of Programming Languages that support functional programming are – Haskell, JavaScript, and Python.
Read more: Enhance Your Small Business Growth & Success with Custom Software Solution!
What Are Microservices?
Microservice architecture, or simply Microservices, is a modern perspective on software whereby application code is conveyed distinctively in small, manageable pieces. It mainly focuses on building small, self-contained, and ready-to-run applications that can bring great pliability and added resilience to a code.
Each service functions independently in its own process, making microservices a service-oriented architecture where applications are built as a collection of divergent smaller services rather than one whole monolithic app. The programming languages that support microservices development are – Java, Golang, Python, .Net, and Node JS.
Read more: Is Microservice Architecture The Next Best Move For Businesses?
How Are Functional Programming And Microservices Similar?
Although Functional Programming and Microservices are very different, a few similarities can be noted between them.
- They have a shared goal of deployed elasticity
- Both functional programming and microservices are formulated to scale and load-balance simultaneously with any increase in demands
- They are also designed to replace faulty instances
- They both share a concept of encapsulation and clear separation
- Both functional programmes and microservices are small, which means they both carry the minimum amount of logic
- When using microservices or functional programmes, utmost discretion is advised since the major quality of experience problems could develop.
- The most significant point of similarity between the two is that neither functional programming nor microservices should store data within a component.
With the help of transport independence and pattern matching, services can be edited from your system, letting you reposition the topology with each deployment. If you look closer, this benefit emerges from the similarities between microservices and functions from functional programming.
How Is Functional Programming Different From Microservices?
Although often associated together, microservices and functional programming are fundamentally quite different, especially regarding software design and development. A few of these differences are listed and explained below:
- Reasons for small size – Microservices are small to facilitate better generalization, which capacitates developers to contrive applications from a collection of small functional units. Whereas functional programmes are small to perform limited tasks. Functional programs cannot be composed into applications; instead, they are linked with events.
- Functional programming concepts aggressively exercise stateless behavior. It emphasizes mostly on generating the same outputs from the same inputs. While microservices usually exhibit stateful behavior because they conserve state throughout a database, which is also called back-end state control.
- Functional programming performs on asynchronous outside triggers cited as event flows. Alternatively, microservices are called by other software when they are required to be part of a workflow.
- At a specific point during processing, you’re probably calling a microservice if you want to call an individual component. Still, if you want to respond to something external, that’s generally pursuant to functional programming.
- Organized functions have sequences in place of workflows, and every step in the processing of an event is likely set on by the step before it. On the contrary, all activations of your software associated with microservices are explicit calls, so you don’t have to worry about figuring out how to keep the steps in sequence.
- Exploring how they will sequence the steps in their scheduled functions is imperative for functional programming, but concurrency is the key with microservices.
- Since microservices are called by other software, you can control how they are called, so you can control concurrency. Alternatively, you can expect event-driven functions to be concurrent.
Under What Circumstances Are Functional Programming And Microservices Best Employed?
Functional Programming:
Typically it is used for mathematical operations, AI, and pattern matching; generically, anything that can be broken down into a set of rules that must be utilized to get a solution.
Some of FPs advantages that make it better employed are –
- It helps solve problems effectively in an easy way.
- It increases modularity.
- It allows the implementation of lambda calculus in programmes to solve complex problems.
- Some programming languages endorse nested functions which improve the tenability of the code.
- It improves the productivity of the developer.
- It helps debug any code briskly.
Microservices:
Microservices have quintessentially changed the way server-side engines are fabricated. Making the most of microservices is a unique science and requires discipline.
A few of their advantages that make them better employed are –
- Each microservice, as needed, can evolve independently, enabling constant improvement and faster app updates.
- Resources can individually be increased to the most needed microservices rather than scaling an entire app. Therefore scaling is faster and usually more cost-efficient as well.
- If a particular microservice fails, you can prevent cascading failures that would cause the app to crash by simply isolating the failure to that single service.
- Its smaller codebase allows teams to understand the code more easily, making it simpler to maintain.
- Microservices boost agility by reducing the time to market and speeding up your CI/CD pipeline.
Read more: Breaking Down The Enterprise Software Monoliths!
Make the Best of These Programming languages for Your Business
Deciding which programming language is best for you is a critical decision.
Speak to our tech experts at Fingent top custom software development company to see which one is right for you and how you can implement it for your business.
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Technology is getting better and better each day. Several technologies and architectural patterns have emerged and evolved during the past few years, and it only gets better with time. Microservices architecture or microservices is one of those patterns. It emerged from the world of domain-driven design and persistence.
In this article we will cover:
- What is microservices architecture?
- The difference between microservices, monolithic architecture, and service-oriented architecture (SOA)
- The benefits and examples of implementing Microservices Architecture.
What Is Microservices Architecture?
Microservices architecture is a specific method of designing software systems that can structure a single application as a collection of loosely coupled services.
Microservices architecture is made up of several components in their own individual compartments in the software. This makes them independently upgradeable or replaceable.
Microservices architecture simplifies the process of building and maintaining certain types of applications by breaking them down into many smaller pieces that work together. Though this increases the complexity, it offers greater advantages over the monolithic structure.
Now you may wonder: Isn’t Microservices just another name for monolithic architecture and service-oriented architecture (SOA)?
Let’s clarify that for you!
Read more: Progressive Web App Development: 10 Benefits
Microservices Architecture Vs. Monolithic Architecture
In the current age of Kubernetes, Monolithic architecture faces many limitations. Please note a few:
- Monolithic architecture is a single application. It is generally released once a year with the newest updates. Whereas, Microservices architecture is cloud-based and can be updated as required.
- Monolithic architecture is slow. Modifying a small section may require complete rebuilding and deployment of the software. Microservices on the other hand are faster to deploy and quick to isolate any defects.
- Monolithic architecture is harder to adapt to the specific or changing product lines while individual models of Microservices architecture enable scaling and development.
Microservices Architecture Vs. SOA (Service-oriented Architecture)
Microservices architecture is distinct from SOA. Here are a few differences:
- SOA model is dependent on ESBs and so it is slower. Whereas, microservices is faster as it leverages faster-messaging mechanisms.
- SOA focuses on imperative programming style, while microservices focuses on a responsive-actor programming style.
- SOA has an outsized relational database. But Microservices architecture tends to use NoSQL or micro-SQL databases.
Read more: Ways To Accelerate Business Growth and Success in 2021
Business Benefits Of Microservice Architecture
Microservices architecture can help your business grow quicker, increase productivity, and innovate better to deploy competitive products into the market. Here are some specific benefits of the Microservices architecture:
1. Better organization for efficiency
Microservices architecture organizes business applications. It can extend those applications to support plugins for new features, devices, etc. You can easily add more features to each of those popular applications to generate more revenue.
2. Increased scalability
Microservices architecture divides applications into smaller modules. Each of these modules can operate independently enabling businesses to scale applications up or down, as required. As these modules operate independently, a fault in the single module does not mean disruption of the entire system.
If one module fails due to outdated technology or the inability to further develop the code, developers can use another module. In other words, the applications continue to function even when one or more modules fail.
This capability allows developers the freedom to build and deploy services as needed without having to wait for the entire application to be corrected.
3. Easy to maintain
It is easier to maintain and test a single module as opposed to an entire system. Since each module has its own storage and database, organizations can build, test, and deploy all the modules with less complexity.
4. Faster development
Since all modules are loosely coupled, change in one module does not affect the performance of the other. This means you can update a single module at a time leading to faster development.
5. Enhanced performance
Microservices architecture can enhance the performance of the application. It reduces downtime while developers take their time to troubleshoot the issue and bring the system back to normalcy.
6. Dynamic yet consistent
The individual modular approach in Microservices architecture is easy to replicate. This allows for consistency in applications, which in turn makes managing these modules simple and easy.
Prominent Examples of Successful Microservices Implementation
Prominent examples of Microservices architecture are Amazon, Netflix, Uber, and Etsy. Over time these enterprises refactored their monolithic applications into Microservices-based architectures. This move has helped to quickly achieve scaling advantages, greater business agility, and unimaginable ROIs.
1. Amazon
In the early 2000s, untangling dependencies was a complicated process for Amazon developers. It faced development delays, coding challenges, and service interdependencies.
However, Amazon assigned ownership to each independent service team. This allowed the developers to identify the bottlenecks and resolve issues more efficiently. Also, it helped them create a very highly decoupled architecture.
2. Netflix
Within a year of starting its movie-streaming service, Netflix was suffering from service outages and scaling challenges. It experienced major database corruption and was on standstill for three days! That is when it decided to move towards more reliable, horizontally scalable systems in the cloud.
First, Netflix moved its movie-coding platform to cloud servers as an independent microservice. This allowed Netflix to overcome its scaling challenges and service outages.
3. Uber
Uber, the ride-sharing service faced growth hurdles. It struggled to launch new features, fix bugs, and integrate its global operations. Besides, it became increasingly difficult to make minor updates and changes to the system.
Uber then decided to move to cloud-based microservices. This allowed its developers to build individual functions like trip management or passenger management. This boosted the speed, quality, and manageability of their services. Among other things, they achieved more reliable fault tolerance.
4. Etsy
Etsy experienced poor server processing time. However, with the help of Microservices architecture, Etsy created a variety of developer-friendly tools and went live in 2016. From that point forward, Etsy benefits from a structure that supports continual innovation, faster upgrades, and more.
Read more: Enterprise Resource Planning Software: A Complete Guide!
How Fingent Can Help You Implement Microservices Architecture
Microservices architecture supersedes SOA and monolithic models. However, it has its challenges. This is where Fingent comes to your assistance.
Fingent top software development company can help you implement Microservices Architecture correctly to improve your productivity and ROI. Designing your architecture is not just a technological option. It is a necessity! It is a business decision that can directly affect your business growth. Fingent can help you take care of the technical aspect while you concentrate on your business goals. Give us a call and let’s get talking.
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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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Progressive Web Apps: New Cutting-Edge Trend in Web Development
Speed and convenience have become crucial in keeping online shoppers engaged. Progressive Web Apps development is a solution that allows the shopper to enjoy an app-like experience via a website (using web browsers). Users can install the PWA application from the browser window and access it just like a native app. In addition, progressive web apps improve the quality of your web applications, making them reliable, fast, and engaging.
Are you considering PWA for your business growth? Is it worth exploring this option? This blog will help you take a closer look at why Progressive Web Apps are turning to be the new cutting-edge trend in web development.
What is a Progressive Web App?
Frances Berriman and Alex Russel coined the buzzword “Progressive Web Apps” in 2015. To date, PWA has been a big player in this mobile-first world. Progressive Web Apps (PWA) have caused digital marketers to rethink how they design and deliver sites.
Progressive Web Apps can deliver a blazingly fast and slick app-like shopping experience to the end-user. It combines the best of two worlds: your website and the native application. It can be called a hybrid app as users can now browse your website on their mobile. Besides, PWA promises to solve two vital issues:
- Performance and usability
- Mobile-web conversion rates
Read more: Native Apps vs. Web Apps: Choosing the Best for Your Brand
Business Benefits of Progressive Web Apps
Several companies that focused their efforts on PWAs instead of having a separate native app have experienced increased conversions. A best case in point is the world’s largest online B2B trading platform, Alibaba.com. Alibaba.com increased its conversion rate by 76% across browsers after upgrading its website to PWA.
Here’s how your business can benefit from PWA:
1. High-performance rate
Response time is crucial for audience engagement and better conversion rates. PWA responds quickly as the browser uses caching to save the elements of the layout that are repeated in the template. This improves the speed of downloads and reduces page load time. Subsequently, better performance leads to a better user experience, which in turn increases customer retention rates.
2. Ease of use across multiple devices
Progressive Web Apps are built with a responsive layout in mind for an improved user experience. A responsive design will fit into any size of the screen with ease. In other words, PWA will adjust the experience as per the device screen size. You can further improve the user experience with a PWA manifest file that controls the full-screen view.
3. Seamless browsing experience
A traditional website is virtually useless without a stable internet connection, but not a Progressive Web App. PWA can be easily viewed offline as service workers automatically cache important application features and information from the user’s last online access. This way, the user can access it without any network. Plus, you can add a brand logo, product descriptions, and few advanced features to your offline page.
This is an additional incentive for shoppers to choose businesses with a Progressive Web App over those that use native apps. Such a seamless browsing experience rewards you with better engagement rates and customer retention.
4. Resembles native-built applications
PWAs can be designed to look and behave like native apps, or they can be designed to let users know they are browsing the Progressive Web App. Regardless of the developer’s choice, it can contain a complete set of traditional app functionalities with database access. The best part is that you can seamlessly integrate the application into an existing website or an app.
Watch Video: Fingent software development experts can help you choose the right mobile app development approach by evaluating your requirements.
5. No installation is needed
Shoppers can download your app directly onto their devices. Once downloaded, it gets its own icon on the screen, just like a traditional mobile application. This will avoid the slow and complex installation process, improve user experience, and reduce user abandonment.
Here is another way it can benefit you: users can easily access the PWA via a URL. In other words, a user can easily share this link with a friend contributing to increased leads.
6. No manual updates are required
Native apps must be updated periodically through mobile internet or a WIFI connection. Such updates can consume large amounts of data, which may be costly for some users. Fortunately, Progressive Web App updates are performed “on-use,” much like how a website is updated.
7. Low development cost
Developing a mobile app can be a costly process, especially for small businesses and startups. Thankfully, PWA development is much cheaper than traditional app development but provides a better option for companies to generate a positive ROI.
Read more: Mobile app development: 4 tips to consider
8. Wide range of features
The most prominent feature of PWA is push notifications. Publishers and developers can use this feature to implement creative advertising solutions. As the push notifications appear on a shopper’s device screen, it is read more often than emails or updates on social media. This can lead to valuable brand awareness and promote products or services.
9. Improved app and data security
Security has been a concern for both users and developers. According to new standards of web design, all customer information must be moved to HTTPS. So it is highly convenient to launch Progressive Web App within a safe environment. Moreover, it builds customer confidence in the security of their personal information as they enter sensitive data into your PWA.
10. Low data and low storage
Data is costly in some developing nations. That is why it is a bonus that Progressive Web App consumes only a fraction of data usage compared to native apps. Moreover, it does not take up significant storage space on devices, so users are more inclined to use a lighter app on their smartphones. Also, it contributes to better performance.
Read more: Building a Business Mobile App in 2021? Here’s What You Need to Know
Progress with Progressive Web Apps
Progressive Web Apps are the future of web-hosted apps as they can overcome the inherent limitations of web performance and insufficient or unavailable internet connections. Since PWAs can run on any modern platform, soon they will overtake truly native apps. Yes, PWAs have the potential to change the way the web works. However, Progressive Web Apps will not replace websites and mobile apps altogether. It is still in its infancy. To know which option is best for your business, have a chat with the technology experts at Fingent.
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The Significance of Odoo Migration and How to Do It?
Odoo is an open-source ERP software that comprises an integrated suite of business modules such as eCommerce, accounting, warehouse management, project management, financial management, customer relationship management (CRM), manufacturing, and purchasing. These modules ensure seamless and efficient communication with each other to exchange information.
Read more: 5 Salient Features of Odoo that Make it a Reliable ERP for Enterprises
Odoo ERP can be used by businesses of all sizes and is available in both cloud or on-premise versions. Odoo is open source and highly customizable, allowing developers to access the code and make changes in the module based on their business needs. Odoo ERP can be easily integrated with payment processors and external shipping systems such as UPS, eBay, FedEx, Amazon, and QuickBooks.
Read more: 5 Reasons to Integrate Your E-commerce Application with Odoo ERP
So, if you are new and planning to implement Odoo ERP for your business, you should consider the most recent and latest version of Odoo, that is, Odoo 14.0.
However, if you are already leveraging Odoo and thinking of migrating to Odoo 14, you need to assimilate the situation before migrating.
Odoo migration involves two parts:
- Data migration
- Odoo apps migration
You can migrate both your company data and the apps used in the older version of your ERP. This migration process requires expertise and an experienced Odoo ERP partner to achieve it. Your older data must be optimized for the newer version smoothly and is best done by a professional Odoo ERP implementation partner like Fingent.
Why migrate to the latest version of Odoo ERP?
Undeniably, the latest versions of Odoo include improved features such as security, speed, and stability. Migrating to the latest version indicates that you are ready to update your system and move forward. Moving forward does not mean that you lose your old data and turn to new data. Migration ensures that all the previous data is kept intact while stepping into the new one.
The latest version, Odoo 14 got released in October 2020. As businesses are ever-changing, the new version comes with many added or deleted features as found optimal by Odoo. This is needed to ensure the ERP keeps running at its best performance and also delivers high performance. It is considered to be four times faster than Odoo 13. So, if you are looking for speed, then you can switch to Odoo 14.
Top features of Odoo 14
Some of the features of Odoo 14 are:
1. Improved user experience
Odoo is a great competitor to big names like Oracle, Dynamics, and SAP. Odoo 14 has added more shortcut keys to control the system faster, improving the system speed and more on-click features to help you save time. There are more widgets in the list view that allows you to send messages directly to your colleagues within a single click.
2. Automated CRM
CRM is a powerful tool that provides your company with a better insight and focuses more on clients and not on the data input. The insight helps you forecast sales or find information about the clients easily. In the absence of a CRM, the salespeople can randomly fill the customer’s information, making it difficult for other team members to follow up or get complete sales information.
As Odoo 14 CRM is automated, you can add and search for customer’s data accurately and quickly.
3. Outlook plugins
This feature automates the communication logging and allows you to communicate with the clients automatically in the CRM. It also helps sales managers track the communication of their subordinates.
4. To-do activities list
Odoo 14 helps salespeople focus on selling instead of data input. The to-do activities feature allows the salespeople to quickly check the to-do list, the next activity, and its priority with its impact every day. This feature comes with an improved follow-up section that helps salespeople send an email or SMS to the potential client directly from the CRM.
Points to consider before Odoo migration
1. Performance
Odoo 14 is designed to deliver more both in terms of performance and features. It includes additional features that can benefit new businesses. The new features ensure the business processes are carried out as smoothly as possible. However, you must make sure to understand the purposes and needs of your business before you avail of the updated version.
2. Deleting a few features
While the new version includes new features, some of the old features have been revoked by Odoo. So, it would help if you had an idea about what features will be lost in the newer update. This is where an Odoo ERP implementation partner like Fingent can help you. Our Odoo consultants can help you migrate to the latest version of Odoo without losing your crucial company data.
Read more: 6 Ways Odoo ERP Customization Can Benefit Your Business
3. Downtime
An update would mean that your business operations would be affected in the meantime. So, you must be prepared to overcome this downtime if you opt for migration. You can use the pilot version to run the platform with updates in the background. However, it is not possible in the live environment. You can discuss this in detail with the migration expert at Fingent.
4. Cost
The cost of the migration process may vary depending on your customized business requirements. Understanding the need for the latest update and knowing if the expense is the right investment for your company is essential. You can consult the software development experts at Fingent to get an estimate of the Odoo migration expenses for your business.
While migrating your old Odoo versions to newer and better ones is essential, it is a complex and tedious task. So, it is vital to have a good Odoo migration partner, which is why most businesses entrust us with Odoo ERP migration.
Read more: Why Choose Fingent as Your Odoo ERP Partner
Odoo migration: How to migrate to the newer version?
The Odoo migration process is done in two parts:
Part 1: Data migration
The company data present in the Odoo platform is of utmost importance and cannot be lost under any circumstances. This data requires some adaptation to work in sync with the new version. To make sure your data is suited for migration formulation, your information, such as charts, tables, contacts, etc., will be carried out.
Part 2: Odoo apps migration
The Odoo apps functional in the older version are used for specific needs and cannot be lost or compromised in the process of updating. Necessary changes to the existing applications or developing new ones will need to be done to meet the needs of your business.
The migration of applications and data will enhance the platform’s functionality without losing your company data.
To know more about Odoo migration and how we can help achieve it successfully, please contact us.
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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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Top 5 benefits of outsourcing software development services
Software development outsourcing is empowering companies worldwide, including the most successful ones across their journeys. Leading players like Google, WhatsApp, Slack, and Microsoft have ample stories to share on their victorious feats with outsourcing development.
A study by Technavio reveals that the global IT outsourcing market will flourish at a CAGR of 5% during the period 2020-2024. The demand for outsourcing software development services keeps surging as organizations want to optimize their business processes and align their strategic planning with their operational strategies.
Outsourcing your IT necessities can be a boon in times of financial and natural adversities because outsourcing companies like Fingent implement business continuity planning and disaster recovery plans to fulfill obligations and deliver services without interruption.
If your company’s growth is dependent on software, and if you cannot afford your in-house IT team to divert from their core operations, it’s high time to outsource your software development needs.
Why software outsourcing is good for your business?
Facts and testimonies speak the truth!
More and more businesses today are relying on software outsourcing companies to develop their projects. Working with an outsourcing company will help you mitigate the risks of running a project internally. Outsourcing can compensate for a lack of in-house skills and ensures that your product is delivered on time.
At Fingent, we specialize as an offshore software development company. Many of our customers have shared their outsourcing success stories with us. A .NET based SaaS platform developed by Fingent has played a great role in the growth of the property management undertaking – SimpleRent. Here’s what SimpleRent’s founder told us.
PwC, one of our prominent customers, reports an 80% increase in productivity and a 67% faster ticket resolution rate after Fingent helped them implement a smart ticketing system. Thanks to outsourcing!
As an outsourcing development company, here are a few reasons why we think outsourcing makes your business more efficient and smarter.
Related Reading: Points to Consider Before Choosing the Best Software Development Company
1. Access to the finest talent and latest technology
Software development outsourcing helps in finding the right talents and minimizing your human-resource problems. If your country has a limited talent pool, outsourcing gives you access to a wider talent pool available anywhere on the globe.
Technology keeps evolving every day and your business needs to take advantage of its benefits. With outsourcing, you will gain access to new and innovative perspectives and an opportunity to utilize strong and diverse technology expertise.
2. Outsourcing cuts down your costs
The biggest benefit of offshore software development undoubtedly is the cost savings. Outsourcing software development companies do not necessarily demand you to make any upfront investments. By contracting work to other companies, you can cut down 70-90% of your labor costs, all while paying your outsourced workforce at competent rates. The cost advantages make your development project more attractive and reduce your overall workload.
Adopting a cost-effective engagement model is crucial to the success of outsourcing. We help you choose the right engagement model essential for the creation of your state-of-the-art product.
3. Improved flexibility and time management
When you outsource your work, you don’t have to spend time hiring and training resources. At Fingent, we take care of all the change requirements even when the project sizes vary or resource-related demands scale up.
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.
4. Take your business to the next level with a focused 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.
5. Managing risks and compliance
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.
While outsourcing your software development needs, you are setting out to work with a global talent pool. We take care of all the legal compliance-related matters that have to be fulfilled while onboarding offshore resources as well as forging contracts with our clients. This lets you focus on other things that matter.
Related Reading: The Pros and Cons of Outsourcing Mobile App Development
Ready to outsource your software development needs?
From resource hiring and onboarding to management training and payroll software, several functions can be outsourced by a company. In the age of globalization and technological competition, software development outsourcing is the key to your success. Share your queries and concerns about outsourcing with us. Our consultants can walk you through the best and most affordable solution that works for you.
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How DevOps Uses Test Automation Tools to Accelerate Software Development
The goal of DevOps is to build faster, effective, and responsive applications by bringing together the development team and the operations team. It is a cultural shift to remove all barriers between Dev and Ops and provide shorter as well as frequent software deliveries, thus enabling organizations to respond in a much agile manner with respect to the constantly changing customer demands and expectations.
In a nutshell, DevOps via effective collaboration, communication, streamlined delivery, and automation of processes will accelerate software development in the following key ways:
- Faster time to market
- Reduces risks of failures in each release
- Enhances error fixing and recovery time
- Improves the checking process efficiency
- Speeds up the rate of change
- Allows managers to make improved and effective trade-off decisions
- Enables rapid and continuous feedback
- Offers flawless continuity throughout the Software Development Lifecycle
Testing in DevOps starts from the very beginning of application development and hence it is important to make sure that the development team and the operations team work closely with each other to ensure continuous integration and prompt delivery by continuous testing and monitoring.
Related Reading: Test Automation Trends to Accelerate Development Cycles in 2020
Automation Testing in a DevOps Environment
DevOps is categorized into the following 4 processes:
- Continuous Integration
- Continuous Delivery
- Continuous Testing
- Continuous Monitoring
The testing teams require to align their test design, automation, as well as test case development along with DevOps to ensure that the frequent changes made have not affected the final product.
Unlike the traditional approach, automation testing in a DevOps environment requires moving test automation scripts to a control tool which is of an enterprise version. This system of centralized enterprise-level testing results in an integrated test suite that offers centralized execution and reporting.
Let us walk through the different ways in which DevOps makes use of test automation tools:
How DevOps Uses Test Automation to Speed Up Software Development and Delivery
DevOps testing lays its core focus on test automation within the application’s development pipeline to ensure that by the time the application is deployable, it is done without any further confusion. Some of the popular test automation tools of DevOps are Selenium and Water.
Here is a quick rundown on the popular DevOps tools:
1. New Relic– New Relic offers an end to end visibility along with improved customer experience and dynamic infrastructure. It also helps the DevOps team to save their time spent in monitoring applications.
2. Jenkins – Jenkins is a DevOps automation tool used for checking the execution of redundant tasks. Jenkins is an open-source CI/CD (Continuous Integration/ Continuous Delivery) server that allows users to automate various phases involved in the application delivery pipeline.
3. Splunk – This automation tool is used to access machine data. It offers operational effectiveness to both the development as well as the operations teams in DevOps. It offers enterprises the ability to be more productive, competitive, secure, and reliable.
4. Selenium – Being the most popular automation testing tool for DevOps, Selenium is designed to meet the specific needs of a wide range of different browsers. It makes use of lesser resources and supports parallel test execution which reduces the overall time required for the testing process. The test cases prepared can be run on any operating system as well.
Cucumber, Jasmine, JUnit, and JMeter are other popular test automation tools used by DevOps to accelerate application development and deployment.
Related Reading: How To Measure The Effectiveness Of Your DevOps Program
Future of Test Automation in DevOps: Enhancing Application Development
With the evolution of continuous testing, DevOps has enhanced its test automation strategies where it is supported by practices such as a test-case design that is risk-based, stateful test data management, service virtualization, as well as seamless integration into the DevOps set of test automation tools.
To get the best out of test automation and to learn how to incorporate test automation tools using DevOps to accelerate your application development and deployment, talk to our experts today.