Who is going to create your next enterprise application?

We have all read numerous articles on how software is eating the world, and how there aren’t enough software developers in the world to build all the applications that are needed to be built. Based on leading industry studies, there are over 500 million applications to be developed in the next 5 years, and in the US alone there is a shortfall of over 1 million developers every year. At a 10,000 ft view, this is absolutely the case, we need more applications and we need more people to develop them. But as you delve deeper into the topic, there are several nuances.  Let’s first start with some trends driving this need for enterprise software.

Changing Demographics

A large majority of the current workforce of knowledge workers across the globe comprises of millennials who are so used to living in a digitally-abled environment. Their expectations from and habituation with mobile applications, messaging platforms, and cloud technology is incredibly high. They use applications that are AI-enabled and cloud-connected in their day-to-day life.  There is no doubt, in the face of the changing workplace demographics and the growing demands from a digitally habituated workforce, enterprise application development is experiencing a big disruptive metamorphosis. Applications are expected to be sleek, modern, always fresh and with intelligence to boot. 

A vast majority of new applications to be developed will be replacing out-dated legacy applications to make them relevant and useful in today’s day and age.

The Impact of Covid and Work from Anywhere

Enterprise digital transformation moved into top gear in 2020 due to the Covid-19 pandemic. While the industry was warming up with all the digital integrations slowly reshaping the work culture across the world over the last decade, the Covid-19 pandemic has just accelerated the process. Every industry is getting transformed, and for some digital evolution has become a matter of survival. Access to information while working remotely, eliminating bottle-necks and people dependency wherever possible, and letting software do a whole lot of heavy-lifting behind the scenes to make processes faster and more efficient – are all driving the need for new applications to be developed. Today’s digital workers are not tied down to an office, let alone a desktop. Enterprise applications need to be mobile first, accessible from anywhere and evolving over time to keep up with demands. These are all new applications that are streamlining work and improving efficiency.

The Advent of Artificial Intelligence in Everyday Enterprise Applications

Today every popular consumer application has an element of artificial intelligence – whether the recommendations on your social feed, the advertisements you see across the web, or the bots you converse with when reaching out for support. The same level of intelligence, and even more, is now expected of internal enterprise applications. Crunching large volumes of data to derive trends and predictions, machine learning to build and train complex decision making models,  natural language processing to make applications easier to use and much more.

A whole new class of application, and functionality in existing applications needs to be developed to leverage the immense power of AI.

Now let’s look at how these applications will get developed. Across these three classes of applications (and there can be many more categories to add to the list), there ain’t a single development methodology that may apply, and consequently you need a whole range of different skill sets. 

No-code approaches

At the bottom of the pyramid, you have applications that are simple to define and configure and can be built with drag-drop SaaS tools or no-code platforms by citizen developers. With the advent of a new breed of no-code development platforms, you don’t need any IT skills to build a vast majority of applications and that’s why it is called NO-CODE. It is needless to say that now-a-days every business analyst is also an application developer. We estimate over 50% of applications to be developed going forward will be of this kind, ready in days, and built by end users themselves with this no-code methodology.

Low-code approaches

In the middle of the pyramid are applications that need a bit more customization and complex business logic to be incorporated. Domain or vertical specific business tools with a range of configurability options, or new-age low-code development platforms give expert users the ability to build applications in weeks. What would have otherwise taken months of development with an army of skilled resources, now gets done by a tag team of a business user and an IT expert in weeks. We estimate 25% of new applications to be developed with this low-code methodology.

Intelligent automation platforms

And lastly comes the top of the pyramid applications that are extremely complex, with a high dose of AI/ML and other advanced technologies built in and with massive end-end integration across the enterprise. These applications will typically get built on top of intelligent automation platforms, with involvement from data engineering, business analysts and IT security teams. We estimate over 15% of all applications to be developed in the next few years will fall into this category.

Traditional custom development

And then you have the remaining 10% of applications being developed with traditional custom development approaches for several different reasons. And here, the shortfall of developers is really going to hurt.

The rise of citizen developers

Today’s new breed of no-code development platforms makes it easier than ever for Citizen developers – non-IT business users – to define, create and deploy applications with minimal involvement from IT teams. With drag-drop or point-click type of environments to build applications, traditional programming knowledge takes a backseat. Graphical user interfaces to create applications accelerate the speed, democratize the process, and ensure ease of use for non-programmers. IT teams may still be involved to evaluate and approve the development platforms to ensure requisite data security, scalability and enforce back-up and restoration rules as well as contextual access permissions.

Simple business process management applications that typically involve data collection via forms, task tracking or approval workflows are all great candidates for no-code development. Citizen developers can use visual development platforms to create applications in days. Traditional development programs tend to be time-consuming and fail to keep up with the fierce pace at which the digital requirements of workplaces are changing. No-code development provides a more agile approach to building these simple, yet essential business tools.

So, is there really a shortage of developers?

With the advent of today’s sleek, intelligent and intuitive no-code and low-code platforms like Zvolv, building complex enterprise applications is no longer the sole forte of specialized developer resources. A tag team of a business analyst and a citizen developer well trained in configuring applications via visual means, can churn out critical applications in days. IT teams have to focus on selecting the right platforms to use across their organizations, and support citizen developers in the right architectures and access permissions for data. This opens up a large pool of resources to build, upgrade and maintain enterprise applications. Only the very specialized applications that need deep customization may be relegated to the expertise of domain specific technology experts.

The differences between BPA, RPA and IPA. Which of these process automation technologies is right for your enterprise?

The market for automation tools to support technology-driven business process transformations is primed for explosive growth. A confluence of recent developments, including the digital transformation craze that has taken hold in the wake of the COVID-19 pandemic, a growing cloud computing trend that is democratizing access to tools, and increasing user adoption of data-driven intelligence in every aspect of business processes are prime catalysts. Businesses are adopting Business Process Automation (BPA), Robotic Process Automation (RPA), and Intelligent Process Automation (IPA) tools at a pace far exceeding prior technology roll-outs.

The global market of Intelligent Process Automation is estimated to grow to nearly $14B by 2023 according to a leading market survey. Most of the growth will be driven by increased demand for intelligence and automation to improve business process efficiency, across industry segments. Business Process Automation and Robotic Process Automation have been around for a while and are now morphing into Intelligent Process Automation as business needs and tool capabilities evolve. Today, almost every SME and enterprise is either using or evaluating these technologies in some way or the other. And with increasing awareness among CIOs and other business leaders, the demand for these technologies is on the rise. A business leader needs to well understand the differences in these automation technologies and the specific purpose that they serve. This will give them clarity about the technology that is most appropriate for their organization and its unique process transformation needs. Although they may sound similar, there are fundamental differences in BPA, RPA, and IPA, and depending on your business goals, one may be far better suited than the others.

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All You Need to Know About Business Process Automation

The most comprehensive knowledge sharing platform for all you need to know about business process automation – Zvolv empowers its customers by spreading awareness.

Automation is inevitable in every walk of our lives, and even more so when it comes to business processes. It makes execution smoother, faster, and the output more accurate as compared to manually driven business processes. Even for something as simple as writing and publishing this article, there were several layers of automation involved. Proofreading takes a long time when done manually. However, with an automated proofreading tool such as Grammarly, the same task gets completed at a much faster pace. Such automated software not only identifies inappropriate language and grammatical errors but also suggests correct options. Just one click on the suggested option and the error on the document is rectified. Similarly, there was process automation involved in collaborating on ideas for the article, getting this article approved for publishing on our blog, and sharing it with our readers via newsletters and on social media.

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When do you need Business Process Improvement Software?

Here is how you find out when do you need business process improvement software? – Zvolv gives a comprehensive guideline to analyze the exact automation needs for businesses.

Business Process Improvement solutions have become a mandate for an error-free processing and enhanced automation for organizations all across the world. Formalized process improvement systems got introduced into businesses at the turn of the last century, with the Kaizen (launched after World War II) and Six Sigma (launched in 1986) methodologies proving out to be quite popular and effective. Over the years these and many such process management software and technologies helped some of the most robust global enterprises to sustain and survive economic crests and troughs over the years. Cut to the present times, the market demands of efficient, repeatable and differentiated process improvement systems are on the rise. Kanban boards, Mind-maps, Gantt/Pert charts, Swimlanes, BPMN flowcharts and many other process management systems have become common sights in today’s dynamic work culture. 

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Zvolv’s year in review and predictions for 2021

Here is Zvolv’s year in review and predictions for 2021 – Zvolv helping it customers to make an informed decision while choosing your technology partner.

Zvolv – looking back at 2020

No-code and low-code platforms come of age – traditional application development takes a back-seat

– Zvolv’s unique combination of no-code business process management + low-code intelligent BOT automation has delivered solutions for several industry leaders for transformative solutions

Travel truly has been redundant – deals can be closed and solutions deployed remotely

– Zvolv’s DIY capabilities and simplified positioning has enabled delivering several mission-critical applications to industry leading customers – all with inside sales, remote deployments, online training. 

Speed is of the essence – deploying solutions in days or weeks rather than months is the need of the hour

– Zvolv based applications get launched in days, often 10x faster and cheaper compared to leading iBPMS suites like ServiceNow or Pega or Appian. On average, POCs have been delivered in under 2 days, and full deployments in under 2 weeks this year.

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Bridging the gaps in your procurement and supply chain automation

With the most relevant and upgraded solution in bridging the gaps in your procurement and supply chain automation – Zvolv is changing the logistic trajectory of businesses.

Procurement and supply chain automation processes are often very complex and unique to different organizations. Workflows typically span multiple functions and data systems, time-bound synchronization of activities is critical, approvals and data-driven decision points abound, and yet these processes are notorious for being paper-based, email-driven and extremely unstructured. Organizations often refer to these collection of workflows as procure-to-pay or source-to-pay or request-to-order or order-fulfilment processes.

Benefits of procurement and supply chain automation

Automating part or all of these procurement and supply chain automation processes has a number of potential benefits for businesses:

  • Reduce manual effort while increasing productivity, efficiency, and accuracy.
  • Increase visibility across the entire cycle and, in turn, manage cash flows and inventory levels better
  • Assist in data driven planning and strategy decisions.
  • Improve supplier relationships and build deeper strategic relationships

No wonder, these processes are at the fore front of any organization’s wish list for automation.

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Ninja Retail: Retailers & Suppliers, A Three Legged Race or Synchronized Swimming?

Our Ninja Retail series focuses on the ways in which retailers can reduce inventory and working capital requirements. You can check out the introduction here. Our previous post was focused on how you can think faster as an organization to reduce inventory and respond to market trends faster. But that only helps so much if your suppliers don’t join the party. Here’s why you need that and how you can make it happen.

Agility demands suppliers moving in lockstep with retailers and the first step is visibility into demand and order status. Our conversations with more than a hundred retailers across the globe post-Covid show us that a majority of retailers still collaborate with suppliers using clunky systems of record, emails or standalone collaboration/productivity tools, none of which truly break down any walls. The walls exist for very good reasons. 

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Ninja Retail: Winning Companies Think Faster

Our Ninja Retail blog series focuses on the ways in which retailers can reduce inventory and working capital requirements. Read the introduction here. This blog post discusses the speed of thought of your organization as a whole.

Humans think fast, companies think slow and computers think the fastest.

Humans have imagination, companies have bureaucracies that attenuate imagination, but they also have structure. Computers utterly lack imagination but make up for it by performing more calculations in seconds than humans can in years. How you leverage each of these resources decides how fast your company thinks. That in turn drives the speed of enterprise response to sales and customer behavior trends.

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Anatomy of an Enterprise Process

In an environment defined by growing uncertainty and unpredictability, advantage favors not just the best plans but also the speed of change. Flexibility to move with the tide is essential, but real competitive advantage can be realized with intelligence to interpret the signals that indicate where the tide is headed, and the capability to proactively move in that direction.

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Ninja Retail: Life or death yesterday and today

The retail industry was in flux well before Covid-19 attacked all business activity. The retail apocalypse started tapering off by early 2019 with a new normal established. For the survivors omni-channel retail, the endless aisle, fast fulfillment / high availability of SKUs, immersive experiences in stores and better personalization were some of the key trends they needed to adapt to. From an operational standpoint it had become essential to collapse the walls between different functions within the company and among retailer and suppliers. A whole new level of agility powered by the mountains of data, that all retailers have at their disposal was the order of the day.

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