The global Enterprise Application software market is growing at an impressive rate and is predicted to generate revenue worth a whopping $324.5 billion by 2024. The chances are that an Enterprise Application might help you improve your business by boosting your revenue.
Before we dive deep into the benefits of developing an enterprise application for your business, let us know a bit about what Enterprise Applications are:
What are Enterprise Applications?
Enterprise Applications are software applications that provide models for business processes to increase the efficiency of the business. These applications can also be used for multiple functions throughout the organization and its different departments. These are not just for the corporate world but can be used for several other disciplines. Including government departments, healthcare organizations, education institutions, etc. Even though the EA smoothens and eases up the processes, it is not easy to tailor-make the applications according to different organizations’ needs. They can be used on a variety of networks and various devices as well. It is complex to develop an application that suits all users. The EA needs to fulfil the below-mentioned requirements of the organizations:-
- Can be used by multiple users with same usage requirements.
- The application needs to give value and outcome consistently.
- Has the capability to manage and store a large amount of data
- The industry-related regulations and guidelines are followed
- Accommodate enough requirements that fulfil the dynamic environment
Major advantages of using the Enterprise Applications Developed in India:
- Streamline business processes:
These apps automate few processes which the employees and other people of the organization would have to do manually otherwise. This reduces the wastage of time and saves time for tasks that need more attention, or the tasks that bring in income to the organization can be focused more.
- Improving Employee Satisfaction:
Usage of Enterprise applications increases employee satisfaction as the repetitive low-value tasks are done automatically by the software; the employees can focus on tasks that add value to the business. Thus, the performance of the employees and the company improve drastically; this directly leads to employee satisfaction.
- Increased efficiency of the business:
Usage of the app helps the business learn new things that the organization’s people would have otherwise not been aware of. The software also helps with giving the information that the employees would not have been able to manually. Mobile applications allow employees to access data and information from anywhere. Overall increasing the efficiency of the organization and increasing the productivity significantly.
- Cost-Effective:
The work that would have been otherwise done using different tools, the data that would have been otherwise stored at other places and the low-value tasks that the organization would have paid someone to get done can now be done with software help. Usage of EA thereby saves a lot of capital. These software applications also provide data analysis that can be used to come to a conclusion and decision-making more so.
- Advanced Insight into business:
One of the significant advantages of having an enterprise application is that it provides up-to-date insights into the data. These software applications have data about every person from every department. It is effortless for anyone to access any data about the company. The software has with itself all the data regarding the company’s finance, the sales, the shareholders, the employees etc. It has the statistics of the same too, which also helps with efficient decision-making.
- Greater Business flexibility:
The up-to-date and accurate statistics and data helps the company to keep up with the dynamic environment. It results in better customer services and better issues resolving. It also helps in adapting to the changes faster.
Evolving trends in enterprise application development:
- User Experience- Developers now have started focusing on the user interface. As the application, users expect the software to be more user-friendly, efficient and more relevant. The users want the applications to be less time-consuming and more intuitive.
- Consumerization of IT- The products are all produced these days keeping in mind the consumers’ end-user. Therefore, the applications are going through changes to make it fit the requirements of the consumers, i.e. the business organizations. The business needs are kept at the highest priority. For example, keeping in mind the different mobile devices that the organization’s employees have, before developing a mobile app for that company’s employees.
- Rapid application delivery (RAD) and Low code Development- Low code development and RAD are other trends. These have made the development of applications more inclined towards business.
- Loose coupling- The introduction of loose coupling has allowed the applications to be delivered independently. The microservices also allow rapid deliveries of smaller changes to the application.
The enterprise application development brings together the entire organization by providing all the data and automated tasks in one place. For any organization, it is essential to stay technologically updated. Moreover, for the same, any company should shift its processes to Enterprise Applications. Enterprise Application Development in India is rapidly adapting and developing their Enterprise Applications and is thereby seen thriving in the marketplace.
