How the companies of the future are using software development

June 18, 2021

We have spent the last years talking about the future, without realizing that the future is already here, and that it is time to adapt our companies and companies to the current times.

However, the future did not come in the form of robots and flying cars, but through the development of software and the many opportunities this can bring to your company.

Either you are looking for a Panama software development solution, or you want to know how your company can be part of the future. Sit down, and make yourself comfortable, because today we will tell you everything you need to know about this type of solutions, and how you can obtain your own Panama web software solution.

The impact of web development on small and large companies

Technology - specifically the internet - changed the way companies carry out their processes, attract new customers, and manage their marketing strategies.

In a world where 96% of companies use the internet (software platforms and applications) in their marketing strategists, through which they have managed to increase their sales during 2018, ignoring the importance of software development makes no sense at this point.

According to statistics collected by Hosting Facts during 2018, it is estimated that the ecommerce industry will reach the sum of $ 3.45 trillion this year, only in digital sales.

All this without mentioning the fact that, by January 2018, it was estimated that there was a total of 3.7 billion people with mobile internet access , a number that will only grow during this year.

After reading all this, you may be wondering: what does software development have to do with all this? And more importantly, how can I use it to my advantage?

As you may have already noticed, software development, web and mobile solutions play an important role in the way in which companies operate today.

A company, brand, business or company that does not have some kind of online presence is a company that has stayed in the past. And, to be part of these companies of the future, you must open yourself to the possibility of software development.

How software development can help your business

During 2017, the European Commission carried out a study in which it pointed out the importance and impact that software development and services have had on small, medium and large companies.

We are not going to talk about the full report, in fact, if you want to read it, it is here. However, the European Commission noted that the use of software development has increased competitiveness and innovation in companies.

In total, there are three main ways in which web (or mobile) development can boost your business:

  1. Increase competitiveness

  2. Drive innovation

  3. Accelerates growth over time

Through the implementation of a software solution designed specifically for their companies, companies are able to perceive these benefits. Let's see what this means.

1: Increase competitiveness

The increase in competitiveness between companies is directly related to the use of different technologies and systems that were previously not available.

The previous report expresses it perfectly. With more technologies available, more companies want to obtain them, both to improve their internal processes and to beat the competition.

In fact, according to statistics obtained by Staples, 75% of employees do not feel they have access to the latest technologies to increase their productivity, and that this has a direct effect on their performance.

That is why by offering better technologies and software solutions to your company, productivity levels increase significantly almost immediately.

2: Drive innovation

With the development of software, changes come, and this is called innovating. Companies learn to incorporate the solution to their daily processes, improving the way they carry out certain tasks or develop within their working hours.

But this does not only apply to internal innovation. Many solutions derived from software development such as mobile applications, for example, allow companies to innovate the way they used to reach their audience, the way in which they carried out their marketing campaigns, and much more.

3: Accelerate growth over time

Last but not least, adopting a custom software development solution for your company or company allows you to accelerate the level of growth over the years.

Just consider that, with the right software solution, the processes that used to take your team days, can now be done in half the time (or even completely automated), increasing productivity and accelerating the overall growth of your company .

How to be part of the companies of the future

The right software solution can help you automate your processes, empower your employees, turn long and tedious processes into short and simple ones. A solution derived from software development can help you anticipate and improve your ability to respond to customer pressure, as well as improve the adaptation to new business models.

Now, how can you be part of that? You do this by contacting a software development company that can help you get the solution that YOU need.

If you are looking for a web or mobile solution, contact us. Here at Rootstack we have a team of expert developers ready to help you, write us.