Software Industry: Then and Now

Software Industry: Then and Now

The history of software development spans centuries, not decades. From the creation of the first adding machine hundreds of years ago, our civilization has been improving technology in ways previously deemed impossible. Along with those hardware upgrades have been software improvements that have made our lives easier, from calculators to calendars to retail software that lets customers use their debit cards to buy a sweater. The evolution of software from the first computer up until today is a fascinating look into how we manipulate the world around us, including the digital world that we’ve created.

Information technology (IT) never slows to a standstill. Technological change disrupts current processes or operations, requiring organizations to make alterations to IT spending. Deviating from legacy technology to 21st century advancements isn’t an option, it’s a requirement! Through automation and powerful integrations, organizations can breathe freely. 

Digital Revolution in the software industry has come a long way since the past few decades. It affects the lives of software industry players as well as of every individual living in society.

Since the development of the first software by Ada Lovelace, our software industry has developed millions and trillions of software until today. We have an ever-growing demand and availability of developers as well.

According to Evans Data Corporation, which conducts an in-depth survey of the software industry and the global developer population, there were around 21 million developers in 2017 and has reached up to 23 million in 2018.

The very reason behind the tremendous and constant software industry growth is that this digital revolution is fulfilling new needs and desires with each year. The progressive and dynamic characteristic of software development is making it hard for everyone to cope-up.

If you wish to survive efficiently in the software industry then it is essential to match its pace on an individual as well as corporate level. The digital revolution and speed of software development have left many dexterous professionals flabbergasted!

Every year, it is taking turns and changing faces to give new and shocking surprises to developers globally. We are sharing below certain developments that are taking place in the software industry world in the software industry.

Changes in the software industry

1. Cloud Computing

Cloud computing is the idea to take your software workloads to virtual servers hosted on the internet (or the cloud). Before cloud computing, being able to afford internet applications was extremely limited.

The advent of cloud computing acts as a catalyst for software development. As it becomes easier to offer your software to more people at a lower cost around the world, the business viability of software also gets better.

Today, 90% of companies around the world host their software on the cloud, which includes us! Cloud computing makes dramatic improvements in the infrastructure required to run software online.

2.The rise of Artificial Intelligence

The software development industry has reached a new peak with AI. It involves developing Software that is supposed to think with the same intelligence as humans. It has found applications beyond the computer software industry, in medicine, psychology, mathematics, and is applied across various other sectors today. AI and its subsets: machine learning and deep learning are a couple of the primary technologies responsible for this digital revolution in the 21st century.

3. Blockchain

The blockchain technology is one of the most recent advances in software development. It can be seen as a distributed, decentralized and secure digital ledger that took the software industry by storm around 2 years ago. A blockchain network essentially allows access to information that cannot be tampered, removed or modified by any central authority, and at the same time is visible to everyone within the network.

4.APIs are gaining importance for businesses

They present a lot of business opportunities. They increase the business value if they are secure, scalable, and functional. The API economy is growing. Documentation of APIs is increasing in importance so more people can access and use them. In a Waterfall environment development, testing, and operations are all handled by different groups. Now testing has become part of development. It’s easier for developers to build cross-platform and cross-operating system applications. 

The API economy with service-oriented architecture – testing functional load and security, ensuring they’re working correctly via continuous monitoring.

5.Agile-based platforms 

This means that instead of working six to 24 months to build an all-encompassing application that meets every need (usually in a complex, and poorly designed manner) developers are now focused on building domain-specific applications that can integrate with other solutions developed by other teams, or third-party SaaS services. 

Given the wide distribution and advancements in technology, developers must now build applications for a wide variety of consumer devices, including those that may still be unknown.


Undoubtedly, the revolution in software development is managing to affect our lives tremendously. It is not only the introduction of new innovative technologies that are creating the demand for custom software development companies but the increase in comfort desires for humans is also contributing to it.

We, as a world society are experiencing changes in every parameter of our lives. Throughout the past few decades, we have, either consciously or not, decided to inculcate software as an integral part of our routine lifestyle.

Software development is transforming the way we live. It is providing us with smarter cities, smarter homes, and greater secure life. It is changing our monotonous lives to some exciting experiences which can be unfolded with the introduction of each new device or a software update.

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