Software Applications And Their Impact On Industry In Last Decade

By | October 19, 2019

The surge in software technology, during the preceding decade, has been extraordinary, to say the least. This growth has paved the way for numerous landmark software applications, into the market.

software product engineeringElaborating the positive impact that these applications have had on numerous industries would necessitate volumes of writings. It is simply not possible to cover all the pertaining points in such a brief write-up. Nonetheless, we will now succinctly focus on few of the major ways in which the software technology has positively changed things, in different industries.

  • Big Data Tools: The big data tools are rendering yeoman service for banks and other financial institutions. These applications are enabling the organizations in thoroughly comprehending behaviour of customers. Due to this, the institutions now are in a better position to provide flawless services to their clients. These tools are assisting the employees in executing the allotted tasks quicker, and that too more efficiently.
  • Image Recognition Applications: The image recognition applications are turning out to be very useful for many sectors. These applications, which support features like surveillance, facial recognition and video analysis, etc, are also addressing the crucial element of safety & security. For instance, hotels are now facilitated in identifying their guests, soon upon their arrival at the place.
  • ad servingMachine Learning: One more awesome application is that of machine learning. This is nothing but a feature of computer where it learns, all by itself, through identification and analysis of patterns. Social media apps heavily rely on machine learning, to gain knowledge about how exactly the users are connected on their platforms.

Here, things such as shares, likes and comments come into picture. Owing to this particular application, businesses are now being empowered in accurately predicting customer preferences, well in advance!

  • iPhone & App Store: The introduction of the iPhone and its app store, ten years back, has completely revolutionized the global mobile phone sector! The mobile (iPhone) users were no longer necessitated to manage only with apps that were loaded into their phones, by default. The App Store provided access to countless apps, which simplified several things of day-to-day life.

It was only because of those factors that the mobile market was able to move ahead of the desktop sector, with regard to total number of users.

  • Virtual Reality Applications: To merely say that many industries are now making use of the virtual reality applications would be an understatement. Yes! The benefits that have been enabled through virtual reality were unheard of, even till the recent past!

By using these apps in garment stores, you can see how a specific dress will appear on your person, without actually wearing it. Similarly, one does not have to visit a house, to decide whether or not to purchase it. Virtual reality apps will show you the place and, not even a minute detail is missed.

  • Touch Screen Technology And Online Shopping: Have you ever wondered as to why it has become so easy for you to purchase items from your phone? Well, this is due to the perfect blend of one-click shopping and touch screen technology! This has been one of the most striking developments in the avenue of e-commerce, in the last ten years.