[December 17, 2014] |
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DataArt Shares Predictions for 2015 Enterprise Software Trends
Mobility-first business models, the disruption of traditional financial
services companies, IoT and B2B travel innovations top the list of enterprise
software trends to watch in 2015, according to practice leads at DataArt,
a global software development firm that works across a number of
industry verticals. Heads of the company's Financial
Services, Healthcare,
Travel
& Hospitality, Media
and IoT/M2M
Consulting practices shared their predictions for 2015 in the
enterprise software space.
2015 will be the year when more 'traditional' industries, from finance
to consumer goods, will begin a more aggressive push to obtain
data-driven, ultra-targeted decision making capability. We expect total
spending on analytics and data visualization to at least double over the
next two years in the medium-to-large enterprise sector, with focus
shifting from collecting and processing data to visualization and
decision support.
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In 2015, mobile-only and mobile-first business models will win out:
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Companies will need to boost their investments in improving user
experience (UX) and simplification, which can make or break user
interfacing on mobile devices.
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The backend processing battle will heat up as more service
providers enter the market with end-to-end processing solutions
for payment platforms such as Apple (News - Alert) Pay. As a result, innovation
andmore intelligent customer service and marketing platforms will
be key for the media industry.
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In the financial services sector, four key trends to watch for
include:
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(Not) Reinventing the wheel, a.k.a. the age of consortia. We
expect smaller banks and buy-side firms to follow the example of
large financial institutions in pooling IT resources to gain
competitive advantage and save costs.
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The war for talent will get brutal. We have now crossed the
tipping point, and young talent is turning away from Wall Street
and toward the stock-options-laden consumer internet economy, with
startup kids threatening to disrupt the industry itself.
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(Web) Power to the people: the financial sector will finally catch
up with the rest of the world and focus on enterprise user
interface modernization, with the end-user rather than the
intermediary in mind. Intuitive. Real time. Only five years late.
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The squeeze in the middle will lead to more, and better,
outsourcing. Technology will be key.
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2015 will truly be the year of IoT:
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Lowered barriers to entry will enable smaller firms to finally get
a foot in the door.
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Big Data becomes critical to derive information from IoT in the
wake of rapidly growing data volumes.
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In the consumer sphere, pattern-based recognition will continue to
wash over home automation, touching on home systems such as
electricity and water use.
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Advancements in smartphone car integration will safely bring the
smartphone to virtually all aspects of everyday life, while
healthcare IoT wearables will enter a race for dominance and
delivery of next generation care.
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In Travel, meta-search and B2B tech offerings will make OTA travel
competition hot: A new distribution price war could also emerge
early next year following Amazon's launch of its travel initiatives.
The sharing economy is set to remain a battleground as ongoing
challenges for services like Uber and AirBNB rage on and companies
look to cater more to changing consumer behavior and expectations.
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Regulation will continue to hang heavy over healthcare in 2015, but
the wellness industry will boom:
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Quantified Self movement will gain popularity and attract an
increasing number of entrepreneurs into the industry.
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Patient engagement will be pushed to the next level as the
industry moves toward considerations of telehealth to offer
patients faster access to care with improved outcomes and reduced
costs.
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Genomics and infectious disease diagnostics will also be
revolutionized by advancements in diagnostic techniques, leading
to lowered risk management in the space.
"A lot of enterprise software capabilities that have emerged in 2014 are
currently positioned to throw a number of industries into intense
competition in 2015," said Eugene Goland, President of DataArt.
"Everything from IoT solution development and mobile-first business
models to financial IT technology innovations. Mobility will be huge and
competition in the connected devices arena will get particularly hot,
especially with the pending launch of Apple watch and related
technologies next year. The mobile payments space will experience a
similar story as companies look to innovate ways to cut into Apple Pay's
anticipated hold on the market."
For the full version of the IT enterprise trends provided above, please
follow this
link.
About DataArt:
DataArt (www.dataart.com)
is a custom software development company that builds advanced solutions
for the financial
services, healthcare, hospitality,
media and other
industries. Combining domain knowledge with offshore cost advantages and
resource flexibility, DataArt develops industry-defining applications,
helping clients optimize time-to-market and minimize software
development risks in mission-critical systems. With an unrivalled talent
pool of highly skilled software engineers in New York, London, Zurich
and Eastern Europe, DataArt provides the technical skill, accountability
and industry knowledge needed to deliver custom applications on time and
on budget. DataArt clients include
Standard & Poor's, Harmonic Fund Services, Ogilvy, artnet, Panasonic (News - Alert),
Cancer Research, Ocado, Charles River Laboratories, Betfair, Misys,
leading asset management firms and three of the world's top ten
investment banks.
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