serverless software development company – ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends Valuecoders Mon, 29 May 2023 11:53:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.3 https://www.valuecoders.com/blog/wp-content/uploads/2019/08/favicon-2.png serverless software development company – ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends 32 32 Top Software Development Tools, Frameworks, and Libraries https://www.valuecoders.com/blog/technology-and-apps/top-software-development-frameworks-tools-and-libraries/ https://www.valuecoders.com/blog/technology-and-apps/top-software-development-frameworks-tools-and-libraries/#respond Fri, 31 Dec 2021 15:46:13 +0000 https://www.valuecoders.com/blog/?p=15536 With the rapidly changing and improving programming ecosystem, a plethora of software development tools, frameworks, and libraries are getting introduced in...

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With the rapidly changing and improving programming ecosystem, a plethora of software development tools, frameworks, and libraries are getting introduced in the IT market. They are not only trimming the code lines but also saving the time from prototype to production. 

As said, there are a number of options available in the software development cycle, the pace of transformation and adoption is quick making many of the tools, frameworks, and libraries obsolete.

According to Statista, in 2018, the software market generated a revenue of $456.1 billion and it is predicted to reach nearly $507.2 billion by 2022. 

Due to the latest and highly advanced software development tools, frameworks, and libraries, the custom software development market is witnessing massive growth. 

In this write-up, I am going to tell you about the top software development:-

  • Tools,
  • Frameworks, 
  • Libraries

for 2022, that will help your business to expand and grow across the globe.

 So, let’s start! 

A. Top Three Software Development Tools 

A software development tool or software programming tool is a computer program that is deployed by software developers for editing, creating, supporting, maintaining, and debugging other programs, frameworks, and applications. 

Software development tools are available in many forms, such as code editors, compilers, linkers, debuggers, GUI designers, assemblers, and performance analysis tools. There are some factors that need to be taken care of while selecting the software development tools. 

  • Tool integration with another tool
  • Learning curve
  • Tool usefulness 
  • Choosing an appropriate environment 

Following is the list of the top three software development toolS

Software-development-toolsLINX

Linx is a low code software application development tool to build and automate web services and backend applications. The tool fuels the designs, development, deployment, and automation of custom business processes, such as the integration of systems, applications, and databases.  

Prescient, Standard Bank, JP Morgan Chase, NEDBANK, and Liberty are some of the big brands using the LINX software application development tool. 

Features of LINX- 

  • Easy-to-use IDE & server
  • Drag-and-drop server & IDE 
  • 100+ built-in plugins 
  • One-click deployment 
  • Live debugging 
  • Automatic processes 
  • SQL & NoSQL databases
  • REST & SOAP web services. 

Software-development-toolsHeadSpin 

HeadSpin is the world’s first software development tool with Connected Intelligence Platform (™)  that offers IoT, Web, Mobile, and 5G solutions to consolidate monitoring, testing, and analytics across devices, applications, and networks. It empowers operations, development, QA,  and product teams to fully optimize connected experiences and achieve digital business success.

Wipro, Microsft Azure, Deloitte, VMWare, and Infosys are some big organizations using the headspin software development tool.             

Monitor, test, and analyze, your software application on real devices and networks across the globe for real-world user experience right from your web browser. 

Features of Headspin- 

  • 500+ parallel testing 
  • Remote debugging     
  • Localization testing 
  • Regression testing 
  • Debugging and code profiling 
  • Automation 
  • Real SIM-enabled iOS and Android devices 

Efficiency meets expertise

Experience excellence in software development with our dedicated team of experts.


 

Software-development-tools

Netbeans  

NetBeans is an integrated development environment for Java. It is one of the best software development tools available currently. It also helps an application to be developed from a defined modular software component which we call modules. NetBeans easily runs on macOS, Windows, Solaris, and Linux. 

It lets you easily and quickly develop mobile applications and web applications, as well as HTML5 applications with JavaScript, HTML, and CSS. Furthermore, it also offers a great set of tools for PHP and C/C++ developers.

Accenture, Edify, Proshore, Doubleslash, Deutsche Kreditbank, and STS are some of the big companies using Netbeans.

Features of Netbeans- 

  • Code editor.
  • Visual debugger.
  • NetBeans profiler support.
  • Multiple language support.
  • Static analysis tools.
  • Project management.
  • Batch code analyzers.

Found your tool to build your software? Now looking for outsourcing software development companies in India? Try ValueCoders, one of the best destinations to hire software developers at affordable prices.

Now, coming to the second part of our blog which is the top three software development frameworks.   

Read Also: A Guide to Security in Software Development – White Paper

B. Top three Software Development Frameworks 

A software development framework is basically a software model for software application development. It is made up of one or many components and these components usually include code libraries and programs. 

These developed software applications can be of any kind like stand-alone or web applications. These frameworks can be acknowledged as a set of object-based software libraries. This software library allows the reusability of the developed software. But, the software development framework is different from the library. 

Many of us might be aware of the fact that there is a difference between a framework and a library. 

“Quick Learning”

Library vs Framework 

Library- A library offers a set of helper objects/functions/modules which an application code needs for specific functionalities.  They usually focus on a narrow scope such as IO, socket, strings, due to which their APIs can also work with less dependency. 

Image manipulation, Network protocols, regular expression evaluation. String utilities and compression are some examples of software development libraries

Framework-  A framework has defined as open or unimplemented objects or functions which a user writes to develop a custom software application. In computer programming, a software development framework is an abstraction in which software offering generic functionalities can be precisely changed by supplemental user-written code, thus delivering application-specific software.   

Plug-in manager, GUI system, and Web application systems are some of the software development frameworks examples. 

So, here is the list of the top three software development frameworks- 

Software-development-tools

NodeJS 

NodeJs is a JavaScript runtime framework built on the Chrome V8 engine that leads the list. It’s one of the best software development frameworks that are event-driven, asynchronous, and is based on a non-blocking I/O model.

It is perfect for those applications that are data-intensive and deliver the output to their users in real-time. 

It was launched in 2009 for back-end development and has become an essential part of various corporate software applications.

GoDaddy, Netflix, Linkedin, Walmart, Yahoo, and Groupon are some of the big brands deploying NodeJs.  

According to the 2018 Node User Survey, “the majority (85.0%) of Node.js users are using it for web development, with 43.0% reporting some amount of work in the enterprise, 13.0% using it in big data or analytics, and 8.0% in embedded systems”.

Features of NodeJS 

  • Multi-threaded 
  • Cross-platform   
  • Faster development environment 
  • Object-oriented 
  • Synchronous code execution 
  • 6,00,000+ free open source package 
  • Sockets & Two-way data building 

Unlock your potential with Node.js!

Ready to revolutionize web development with Node.js? Hire our skilled team today.


For the availing range of benefits that NodeJs offer and to improve the performance of software application development, you need to hire node js developers.

Software-development-frameworks

TensorFlow

Tensorflow is a machine learning framework introduced by Google for deep learning models. Deep learning is a subclass of machine learning that works with Artificial Neural Networks and allows a system to learn and progressively get better with experience. 

It has a network of nodes and is based on a computational graph. It has a flexible and comprehensive ecosystem of tools, community resources, and libraries that allows the researcher to deploy state-of-the-art machine learning and developers to create and deploy ML-powered apps. 

Twitter, DropBox, Intel, and Uber are some esteemed organizations leveraging TensorFlow in their software application development

Besides, Google itself uses Tensorflow to deliver various services, including Google search, Google Recognitions, and Google Photos. This software development framework is a vital part of small and medium-scale AI-based projects. 

Features of TensorFlow 

  • Flexible Operability 
  • Responsive Construct 
  • Parallel Neural Network Training 
  • Easily Trainable 
  • Statistical Distribution 
  • Layered Components 
  • Visualizer

If you want to build innovative and informative Data Flow Graphs, ICR, OCR, and chatbots hire TensorFlow developers.

Software-development-frameworks

AngularJS 

Another software development framework introduced by Google in 2012 is AngularJS. It is a structural framework meant for developing dynamic web pages. This JavaScript framework is for front-end development which performs great when developing single-page applications. 

Developers with high expertise in HTML can deploy the language with the latest HTML syntax and new attributes to extend the web pages’ functionality. It is an MVC (Model-View-Controller) framework, where synchronization between the model and view happens with two-way data binding. 

The Guardian, iStock Photo, NetFlix, Upwork, PayPal, and JetBlue are some brands deploying the AngualrJS framework.


angular development


Features of AngularJS- 

  •  Access to the POJO model 
  • HTML user interface 
  • Speed and Performance 
  • Amiable behavior with directives 
  • Unit testing facilities 
  • Filtering and Templates   
  • Data binding & Deep linking 
  • Not browser specific             
  • Routing and dependency injection 

To integrate AngularJS benefits into your software application development, you need to hire AngualrJS developers

Now, moving to the last part of this write-up i.e. software development libraries.                            

C. Top Three Software Development Libraries

A software development library is a collection of non-volatile resources leveraged by computer programs. These may include message templates, configuration data, help data, documentation, classes, pre-written codes and subroutines, values, and type specifications. 

It is designed to help both the programming language compiler and the programmer in building and deploying software applications. 

Following are the top three software development libraries- 

Software-development-libraries

REACT 

React is a software development library for helping developers to build user interfaces like a tree of small pieces known as components. A component is a combination of JavaScript and HTML that captures all the logic needed to display a small part of a larger user interface. 

It encourages the development of reusable UI components which show data that changes with time. Although it is not like a complete application framework such as angular, it is a view layer. 

Airbnb, Pinterest, Instagram, Twitter, Udemy, Uber, Netflix, and Facebook are some of the popular companies using React software development library. 

Features of React Library- 

  • One-way data binding 
  • Virtual DOM 
  • Diverse components 
  • JSX available 
  • Simple and easy 
  • Conditional statements
  • Fast and efficient 

To know more about React Library please click here


reactjs developers


 

Software-development-libraries

Bootstrap 

Bootstrap is an open-source and free CSS library directed at mobile-first front-end web and responsive development. It includes JavaScript and CSS-based design templates for forms, typography, navigation, buttons, and other interface components. 

Spotify, Udemy, Twitter, Linkedin, and Lyft are some of the big brands using the Bootstrap software development library. 

 

Features of Bootstrap- 

  • Easy to Use & Mobile Friendly 
  • Simple Integration
  • Browser Compatibility
  • Pre-styled Components
  • Base Styling for most HTML Elements
  • Responsive Features
  • Great Grid System
  • An extensive list of Components

To know more about Bootstrap, please click here 

Also Read: Custom Software Development Challenges: Alleviate Risk with the Best Practices [White Paper/PDF]

Software-development-libraries

Lodash 

Lodash is basically a JavaScript library that offers utility functions for programming tasks deploying the functional programming paradigm. In other terms, Lodash is a software development library that helps the developers or programmers to write better, more concise, and maintainable JavaScript. 

Slack, House Party, GrubHub, Go Daddy, and Snapchat are some big known brands using the Lodash software development library. 

Features of Lodash

  • Unique values 
  • Huge collection 
  • Helpful shorthands 
  • Diversified language 
  • Number of arrays 
  • Adds great power to JavaScript 

To know more about Lodash please click here 

Wrapping up

Thus, there are many software development frameworks, tools, and libraries available in the market but to save your time I have shortlisted the best software development tools, frameworks, and libraries of 2022 present in the market that can assist you in your software application development Services.

Have chosen your software development tools? Now require to partner with a software outsourcing company? Try ValueCoders.  They have a working knowledge of all these platforms and can help you enhance your digital transformation journey.

 

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Custom Software Development Challenges: Alleviate Risk with the Best Practices [White Paper/PDF] https://www.valuecoders.com/blog/technology-and-apps/custom-software-development-challenges-alleviate-risk-with-the-best-practices-white-paper/ https://www.valuecoders.com/blog/technology-and-apps/custom-software-development-challenges-alleviate-risk-with-the-best-practices-white-paper/#respond Wed, 20 Oct 2021 17:37:05 +0000 https://www.valuecoders.com/blog/?p=22511 Custom software development has been around since the early 1980s. Many businesses have turned to custom and off-the-shelf solutions. It...

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Custom software development has been around since the early 1980s. Many businesses have turned to custom and off-the-shelf solutions. It is the best way to solve problems by using custom business logic without spending too much time and money on development. 

The history of software development spans centuries, not decades. From the first adding machine to calculate square roots hundreds of years ago, the technology has been advancing. Our civilization has been improving technology in ways previously deemed impossible.

And, those hardware and software upgrades brought some great advancements. It includes calculating calendars or even retail applications like letting customers buy things on credit. Moreover, Custom software development has always been a challenge for many companies.

A custom software project can be complex and time-consuming, which is why it’s important to have best practices in place to mitigate the risk of failure. So here, know which challenges and risks you can face while custom software development and how you can alleviate the risk with best practices. 

What Is Custom Software Development?

custom software development
                                      Image Source: Pinterest

Custom software development is the process of building a custom solution for an organization’s needs. Customized solutions can come in many different shapes and sizes, such as mobile apps with specific features to fit your company branding or web applications that give customers easy access to their account info no matter where they are on any device. 

Many organizations choose this method because they are looking for something that’s not available in the market. Custom software development entails much more than just writing code to make an app or website work a certain way.

There is also project management, QA testing, UI design, and branding involved in this process as well. With so many steps involved, it’s critical to have a solid roadmap in place with predetermined milestones.  


Let’s Discuss Your Project

Get free consultation and let us know your project idea to turn it into an amazing digital product.


Process of developing custom software application

The process of developing a custom software application involves the following steps:

Define your needs:

Before proceeding with any development or implementation plan, it’s important to first define your needs. This is the most critical part of any software development effort.

It is because you want to make sure all requirements are clearly identified, documented, and analyzed for feasibility before writing a single line of code or designing screens.

This will help assure that everyone involved in this project is on the same page when it comes time to start development work, and it also gives you a clear idea of your end goal. If you don’t take this step; it’s easy to lose sight of your project goals and get sidetracked by other nonessential features.   

Specify the requirements:

Once there is a clear understanding of what needs to be done, the next critical decision revolves around deciding how much work should actually go into each requirement before developing any solution.

This is where you’ll need to do some careful analysis of requests and determine how they align with the business needs.  

For example, if a customer comes up with an idea for a mobile application that can display all their products in one place, so they never have to worry about forgetting what’s on sale or running out of inventory, then this request is a great use case for some mobile-friendly web application.   

Just remember not to prioritize requests based on how interesting they are to you but rather on how much they’ll benefit the company’s business goals.   

Once all possible features are listed out and sorted with proper priority, then it becomes easier for developers to determine which requests can be completed in less time without compromising their overall project objectives. 

Also Read: Top 25 Custom Software Development Companies Offering Bespoke Solutions

Determine the budget:

Before starting any development work, it’s important that everyone involved in this project is informed of the costs that are associated with it. 

This includes time, resources, and any additional expenses that might be needed to successfully complete a project. Without having an accurate estimate for how much work will go into each request, you run the risk of overspending on your budget or not being able to deliver features as quickly as you should. 

Define the scope:

Once everyone has an idea about how long it’s going to take and what things are expected of them, then the next step is defining a clear scope for this project. This means detailing exactly how much work will be done on each request before moving on to other tasks or features that might come up later on. 

Once a solid roadmap is in place, it becomes easier for everyone involved to focus their efforts and make sure they’re spending time on the right tasks at any given moment.

Establish milestones:

A common practice among project managers when developing custom software applications is establishing short-term goals or checkpoints known as milestones. These are used to monitor progress, finalize requirements and ensure that everything is on track before continuing work.

The number of milestones needed will vary depending on the size and complexity of a project, but they’re usually set at certain points in order to hit deliverables or key events such as initial development kickoff, launch date, or adding new features. This way, there’s always a clear idea of what has been achieved and how much work is left until the project is completed. 

Designing and Development:

With all the necessary groundwork completed, it’s time to start designing and developing your custom software application. This is where you’ll need to make sure you have a solid team of developers who are well-versed in the latest technology trends as well as best practices for efficient development workflows.

Moreover, in order to form a leading software, it’s important to use attractive UI/UX design, appropriate programming languages, and technologies.

PHP, JavaScript, C#, Java, and Python are the most preferred programming language for software development.

Programming Languages
                                              Image Source: GoodFirms

Around the globe, Linux is one of the most popular software development platforms.

Software Platforms
                                            Image Source: 99firms

Testing:

You don’t want to miss one tiny detail during this process. That’s why it’s important to test each small piece of the software development chain before moving on and adding more features or functionality. 

The best way to check whether there is any bug in your app or not. For this, you need to do beta testing, which can be done by asking clients to test the application.

Deployment and Marketing:

Deploying your custom software is not less important than any other phase of the development process. If you are deploying an app online, then first create a landing page for that particular app to tell people about it, and on that, insert Google Analytics code so that you can track visitors coming from different sources, i.e., search engines, referrals, etc.  

At last, you need to promote your app and make it popular among the masses. You can do so by putting ads on different Google Adwords platforms or Facebook pages, and so on…

Well, by taking help from a recognized custom software development company, you can manage all the custom software development processes in a simple and agile way.


 

Let’s Discuss Your Project

Get free consultation and let us know your project idea to turn it into an amazing digital product.



Risk and Challenges Involved In Custom Software Development

Custom software development is challenging work that comes with many risks. Like any project, there are always unforeseen circumstances that can happen along the way. Here’s a breakdown of some common risk factors involved in custom software development:

Risk and Challenges
                                           Image Source: GoodFirms

You’re Overly Ambitious 

Although you might think your idea is unique, there is a good chance that the features and requirements already exist in custom software development solutions. Without looking into available options before diving headfirst into development, this can lead to wasted time and money when you realize it’s not what was needed after all.

This typically happens with startups where the founder wants to create something that is much more than what they originally intended. 

The Solution Is Not Solved

When you’re working with custom software development, there’s always a chance that the solution isn’t solved in such a way that it’ll actually benefit the company moving forward. This could be because requirements were misunderstood or not well thought out.

Without making sure that the solution fits into your business model, it might not be worth all of the time and energy you put into development, to begin with.

Project Don’t Have Purpose

Without a clear purpose for the software you’re creating, it’s likely that your project will be abandoned. It may get limited in some way. Without having a solid goal to work towards, there is no direction. In fact, nobody can determine if they are reaching success because things like ROI cannot be calculated.

Poor Reach and Communication

Most projects need a team of people working together to make sure everything is completed as it should. There should be proper reach and communication from the team. Without this, things can slip through the cracks or not be done as they were intended. It ultimately leads to frustration on all ends. 

Inaccurate Development Estimates

When it comes to custom software development, most projects are done on an Agile or Waterfall model. These models require accurate estimates of the time and resources needed for each step in order to avoid going over-budgeted hours and having a team sitting around waiting to move forward with other parts.

Without planning properly and accurately estimating, you’re likely to see a lot of wasted time. 

Estimates
                                                 Image Source: 99Firms

How To Alleviate The Risk Of Failure With Best Practices?

The best way to avoid failure is by doing your research. You must know what you’re getting into before developing the software. This will help weed out any bad ideas or projects that are not feasible at the beginning of a custom development project.  

Here’s how to reduce risks and challenges:

Start with an MVP

You must start with an MVP (minimum viable product) if you want to reduce the risk of failure. Also, make sure you’re getting one that’s proven. This is a critical step in mitigating your risks early on while still allowing room for changes if needed.

Start Small

The best way to mitigate challenges during custom software development is by starting small and then expanding. This way, if something goes wrong with any step of the process, you can just go back to the previous stage and fix it instead of having to start all over again. 

Prioritize

Another best practice is prioritizing your project in order to make sure everything gets done on time while minimizing risk. Make a list for every task, and then determine the order in which you want to do them. 

With these best practices, you can reduce your risks of failure when custom software development is involved. Customizing a solution for your business needs may be complex and time-consuming, but it doesn’t have to be risky if you’re aware of all possible challenges ahead of time.  

Communicate Frequently

Custom software development requires a lot of communication between you and your developers. To reduce risks, make sure to communicate frequently about what’s going on with the project so there are no surprises later down the road or misunderstandings that can cause delays.  

Technical Risk Mitigation

When it comes to custom software development, there are many variables that can cause challenges. Technical risks include things like whether or not the code is maintainable and reusable for future projects. Moreover, this can be a case if all requirements have been met by everyone involved in the project.

There are also organizational risk factors such as a lack of communication between your team members. However, it may be if there are too many people working on the project at one time.

By following these risk mitigation best practices, you can avoid many of the major risks and challenges. This usually comes with developing a custom software solution for your business. The more prepared you are ahead of time, the better off you’ll be on project completion, and this is what a company wants? 


Let’s Discuss Your Project

Get free consultation and let us know your project idea to turn it into an amazing digital product.


Here is How ValueCoders Eliminate Risks In Software Development?

The software development team at ValueCoders follows the following things to eliminate the risks in software development.  

  • Proper Planning & Analysis
  • Defining plans to clients
  • Frequent communication
  • Multiple Testings 
  • Timely Update and Maintenance

About Us

ValueCoders offers custom software development services that are second to none. They have maintained 97% client retention and delivered 4200+ projects so far.

They have the business domain knowledge, proven methodologies, and technological expertise of 450+ skilled developers from around the world. Also, they are who can code in over 14 different languages, including Python or C#.    

Moreover, ValueCoders software developers ensure outstanding quality output for their clients’ needs all across industries like healthcare & life sciences as well retail companies such as Google.  

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A Guide to Security in Software Development – White Paper https://www.valuecoders.com/blog/technology-and-apps/insights-on-secure-software-development-with-a-comprehensive-guide/ https://www.valuecoders.com/blog/technology-and-apps/insights-on-secure-software-development-with-a-comprehensive-guide/#respond Sun, 10 Oct 2021 08:07:22 +0000 https://www.valuecoders.com/blog/?p=21589 Matching the changing pace of technologies and prospering the growth is the new face of business survival. Every passing day...

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Matching the changing pace of technologies and prospering the growth is the new face of business survival. Every passing day leads us to more advanced and trailblazing aspects of lifestyle through pioneering software development. From online shopping to taking online classes, from artificial intelligence to cryptocurrency, everything revolves around the digital ecosystem. Every effort of developers and programmers is to cater a soothing and hassle-free digital experience to every user.

In 2018, the software market revenue was registered at $456.1 billion and now expected to reach $507.2 billion in 2021. Moreover, the COVID outbreak raised the situation of economic downturn and allowed companies to keep a small budget for software solutions, resulting in market contraction in 2020. However, the pandemic teaches companies to address the urgency of digital transformation and make it part of success.

How Vast is The Digital World Ecosystem?

Software Development & Developers Market

The rapid advancement of technology makes this digital world more buzzing and more dynamic. And, software development acts as a fuel that drives our IT services at high speed. Most of the software market is covered by enterprise software that faces a decline in 2020 due to COVID, but soon it resumes its growth in 2021 as per Statista Forecast.

Screenshot from 2023 05 02 10 14 54

Image Source: Statista.com

As always, the outline of software needs utmost attention to the end-user experience. However, digitalization compels industries to step forward to adopt cloud application services or SaaS (software as a service) to amplify user engagement. Although, the market still opens for other forms of software.

According to the Statista Technology Market Outlook, the central part of worldwide software revenue comes from Enterprise software, which is calculated as over 200 billion U.S. dollars in 2020 and is expected to reach good heights in upcoming years.

The calculation of Evans Data Corporation estimates 26,4 million software developers in the world in 2019 and is expected to touch 28.7 million in 2024. Quite interesting, India will overtake the U.S. as the largest developer population center in 2024.

Turning Visions Into Software Reality

Trust us to develop secure and reliable software solutions for your business needs.

Industrial Revolutions in a Digitally-enabled Ecosystem

CyberSecurity and cloud-based applications are some of the significant aspects of the industry’s rapid development. Now, it is termed Industry 4.0 and brings drastic changes into our lives, from mechanical manufacturing facilities to cyber-physical systems.

ValueCoders’ software outsourcing services are dedicatedly working to make a more secure digital enterprise. We focus on catering smart connected solutions through IoT (internet of things) and advanced app development.

More connectivity to cyber amplifies the significance of data security. In the case of data handling, telecom operators are one of the few entities to focus on. Also, data is a fundamental element of B2B2C models to sustain the growth of the telecom industry in India. While advancing the digital framework in the telecom ecosystem, one has to include key players such as mobile apps (WhatsApp, Skype), Internet Service Provider (ISP), App developers, Communications Service Providers (CSP), and Device manufacturers. Here, more engagement raises the concerns of data privacy that needed to be expanded beyond the I.T. Act.

Industry 4.0 is widening the digital ecosystem by adding smart solutions into the market and leveraging user experience.

Software requirements after COVID pandemic

COVID 19 pandemic unfolded the urgency of digital transformation to meet software requirements. Companies need to address the new face of this information world. Recent research of IBM Institute for Business Values demonstrates the shifting interest in digital transformation from other core elements such as cost management, customer retention, etc.

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Image Source: IBM

59% of companies accelerated digital transformation, and the remaining 66% have finished the previously encountered resistance. Organizations are reshaping their strategies and investing in the latest technologies such as IoT, blockchain, etc., as an active recovery of a pandemic. This paradigm shifts the attention of companies into the following matters:

  • Software product engineering emerges as a new software development model to build customer-facing and market-oriented software.
  • COVID-19 High-Performance Computing (HPC) Consortium is joined by top companies Amazon, Google, and Microsoft for computational research programs.
  • A business partnership is a new success strategy to excel the business ventures and expansions.
  • More attention is shifted to hybrid cloud and taking business functions to the cloud.
  • Security thefts in Software Engineering

Cybercrime Data analysis

More user engagement makes data security more vulnerable and raises the concerns of cybercrime. 43% of cyber attacks center on small businesses with a worth of $2.2 million a year. All these cybercrimes keep data security at stake. On the surface, cybercrime is conducted in data theft, identity fraud, ransomware attacks, phishing campaigns, copyright infringement, etc. The consequences of these attacks can lead to data breaches.

On average, the cost of a data breach is about 3.86 million U.S. dollars in 2019, and the prominent victim is the healthcare sector with 7.13 million dollars. A complete analysis of statista talks about financial repercussions in business based on region and size of companies.

Screenshot from 2023 05 01 18 03 13

Image resource: statista.com

Every type of cybercrime leads us to data breaching, and hacking is one of the most common criminal activities on the internet. Hackers exploit a weakness in online communication or digital networks, computer systems and spread malware or gain unauthorized access to data for pursuing their criminal activities. All actions uplift the urgency of a robust defense system to stop cyber attacks.

While discussing data breaching, social media also is a massive center of attraction. However, many users are skeptical about the data being used. Giant social media platform Facebook received 61,262 law enforcement agency requests from the U.S. and 40,300 data requests from India to know about user information. Indirectly, it raises questions over the maximum use of social media.

Web applications vulnerabilities and threats

Misconfiguration in web application code allows hackers to get control over your website. That’s why the security of software development raises concerns to address web applications vulnerabilities and threats. The US government’s National Vulnerability Database (NVD) shares the case studies of cybercrimes of prominent organizations.

According to Tenable’s 2020 Threat Landscape Retrospective Report, about 22 billion data were exposed in data breaches globally in 2020. For more insights on ransom attacks, go through the pick points of Check Point Cyber Security Report 2021

  • Increment of 20% in email-based attacks from 2019 to 2020 as compared to web attack vectors.
  • In 2019 and 2020, Emotet was the most heavily distributed malware family. It is a botnet responsible for the distribution of Trickbot, Qbot, and more, in some cases resulting in a ransomware attack.
  • XMRig is the most attacked cryptominer, whereas Lucifer is a self-propagating, multi-platform malware targeting Linux, IoT devices, and Windows web servers.
  • Hiddad or ‘Hidden Ad’ tops the chart of mobile malware global analysis. Through this malware, attackers can easily fetch the details from victims’ mobile by displaying ads. During COVID, the malware disguised itself as a coronavirus information app for Arab speakers.
  • In 2020, a team of developers took 280 days to identify a cyber breach that led to the loss of nearly $4 million.
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How To Approach Secure Software Development?

Secure Development Lifecycle (SDL)

Cyberattacks and enhanced data security directs companies to think about secure software development. ValueCoders is a leading software IT outsourcing company in India that continuously addresses defects to make secure software and reduce vulnerabilities. Divide software development lifecycle into different segments starting from requirements and move to other steps, designing, implementation, and testing.

The Software Engineering Institute developed the Team Software Process (TSP), allowing software developers and developer teams to create software under a definite process. This process wants companies to focus on:

  • Use common sense software engineering practices
  • Tackle defects throughout the software product development lifecycle
  • Use proper measurement to control the process
  • Track the process and address defect prevention as well as removal
  • Apply predictive measures for remaining defects

Another significant example demonstrated by Microsoft Security Development Lifecycle (SDL) practices. SDL practices support security assurance and compliance requirements and also reduce the severity of vulnerabilities in software development. As per Microsoft, software developers are suggested to follow various practices:

  1. Providing training
  2. Define security requirements
  3. Define metrics and compliance reporting
  4. Perform threat modeling
  5. Establish Design requirements
  6. Define & use cryptography
  7. Use third-party components to manage the security-risk
  8. USe approved tools
  9. Perform Static Analysis Security Testing (SAST)
  10. Perform Dynamic Analysis Security Testing (DAST)
  11. Perform Penetration Testing
  12. Establish a Standard Incident Response Process

Offshore Software Development Services

Maintaining software security favors offshore software development services for enhanced data security. Costing and quality services are the main focus areas of IT outsourcing services. The market for outsourcing services is enormous. In 2019, the global outsourcing market registered as 92.5 billion U.S. dollars and was expected to reach over USD 98 billion by 2025. It’s gaining popularity because of offering the latest technologies such as cloud computing, blockchain technology and expanding the digital transformation.

About us:

ValueCoders is a top software outsourcing company in India and is making an effort to provide an enhanced digital experience via secure software development. After stepping the foundation stone in the technology era in 2004, this software development company successfully maintained 97% client retention and has delivered 4200+ projects so far.

With business domain knowledge, proven methodologies, and technology expertise of 450+ skilled software professionals, ValueCoders delivers IT outsourcing services worldwide. Build a dedicated development team with the right technology stack at ValueCoders.

 

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