The 6 Latest Software Development Outsourcing Trends
                     The 6 Latest Software Development Outsourcing 
Trends
Satya K Vivek
Writes for Gadgeon.com, 
IoT software development company and 
IoT engineering services.
With the outbreak of the pandemic, the world stopped for a while but 
eventually regained its velocity and vector. Even though things are not 
back to normal, it is huge positive compared to mid-2020. The level of 
innovations in the IT world has been very significant during Covid and has 
inspired many firms to rethink their workflow. 
Most industries that leverage Information technologies for their business, 
have opted for outsourcing and the trend is here to stay for a long time. 
The speed and accuracy required to develop software along with the fast 
pace of technology changes are often forcing enterprises to tap into talent 
where it is available. This is accelerating the global software outsourcing 
engagements.
Let us dive deeper into the latest software development outsourcing 
trends:
Artificial Intelligence and the Internet of Things are advancing faster:
Whether it's a smart camera at the door or a smart speaker in the home, 
firms across all industries are investing more in AI-based applications. 
Nearly 91% of top companies are investing in AI and establishing tech 
partnerships with vendors offering AI development services. AI-powered 
chatbots and IoT are already substituting human interactions while 
providing clients with advanced insights and recommendations.
The demand for cloud-based service:
The software development outsourcing trend has a clear shift towards 
cloud-based or related services. This is due to benefits like enhanced 
scalability, speed of work, security, and lower cost. With the increasing 
volume of data, companies are relying heavily on cloud technologies and 
platforms. The trend clearly indicates the increase in companies shifting 
towards cloud-native development models. As a result, today companies 
can build and deploy software quickly that can be accessed from 
anywhere in the world and significantly lowers their infrastructure 
management expenses. The in-house teams can focus on business-critical 
activities while outsourced partner teams manages their day-to-day cloud 
operations.
Demand for global blockchain service:
Right from managing micro transactions to developing smart contracts, 
global blockchain services are becoming one of the leading IT outsourcing 
trends. Distributed ledger technology is becoming popular for its ability to 
improve security & transparency and offer innovative money-raising 
solutions for start-up companies. Therefore, as the demand for efficient 
blockchain services are increasing so is the need for skilled specialists. 
That is why many industries are seeking to outsource to companies with a 
well-experienced team of blockchain experts.
The growing demand for cybersecurity:
With the increasing number of cybercrimes, data protection is the need of 
the hour. Companies are investing heavily to become compliant with 
GDPR (General Data Protection Regulation) and other regulatory 
standards on data security. They are outsourcing cybersecurity services to 
eliminate any kinds of security concerns, protect their business data and 
meet compliance standards like GDPR. Cybersecurity mesh architecture 
and privacy-enhancing computation are two major cybersecurity trends to 
explore in the future. These technologies preserve users' confidentiality 
and privacy by enabling secured sharing and analysis of data. Cyber 
security mesh architecture, for instance, prevent hackers from exploiting 
different parts of a given network.
The growing need for remote working:
An increasing number of industries are adopting the new norms of 
remote working. They are recruiting remote personnel to enhance 
efficiency and productivity. Most IT services and operations are now being 
conducted remotely by individuals or other firms. The outsourcing firms 
are mastering the capacity, stability, and compliance requirement to serve 
clients' needs remotely.
The popularity of robotic process automation:
Robotic process automation (RPA) refers to the use of software and web 
applications to automate complex business operations. Companies are 
leveraging software development outsourcing to improve customer 
support, inventory management, payroll processing, etc. RPA is closely 
associated with the development of machine learning. The outbreak of 
COVID-19 has accelerated the global adoption of RPA and is now 
considered as one of the most important software outsourcing trends.
Wrapping up!
For companies to stay ahead of the competition, outsourcing of software 
development is a crucial tool to leverage. Due to lack of resources and 
manpower with deep expertise in the latest technologies, companies are 
consciously choosing outsourcing to stay competitive in the rapidly 
changing information technology space.
About Gadgeon
Gadgeon is known for its expertise in Industrial IoT and engineering 
excellence. We connect devices, operations, and processes to create 
business value, and revolutionize enterprises with the power of data. As 
an end-to-end technology services company, we successfully enabled the 
digital journey of customers with critical digital services ranging from 
embedded systems, cloud app development, mobile app development, 
data & analytics, application modernization, emerging technology based 
solutions, and testing & test automation across the industries such as 
connected factory, telecom & datacom, digital healthcare, CSPs, and 
home & building automation.
Thank you for time in reading this article!