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Top 5 Trends to Shape Digital Engineering Services in 2023
Top 5 Trends to Shape Digital Engineering Services in 2023

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Digital transformation has seen unprecedented growth during the pandemic as business enterprises devised new strategies to ensure business continuity while reducing the impact of the pandemic. In this churn, enterprises that made significant investments in digital engineering services were better prepared to face the unexpected headwinds in terms of changing business scenarios. At the same time, many enterprises were forced to deal with the "new normal" by initiating difficult changes. Enterprises are re-evaluating their strategies based on factors such as changing customer expectations, rising operational costs, increasing competition, and a growing requirement to meet regulatory compliance.


They are striving to find the right balance between maximizing the output of legacy systems and investing in digital innovation. Thus, enterprises are either looking to gradually replace their legacy systems with next-gen systems or assessing the risks of modernizing their legacy systems to optimize performance. This is because legacy systems come with their baggage: latency, error-proneness, poor visibility into data streams, low-level security, and others.
 

Enhance Value with Digital Engineering 

To derive the maximum value from their legacy systems, enterprises are migrating components of such systems into a cloud-native environment. Besides, they are also re-platforming and reimagining them to increase scalability, resilience, flexibility, performance, security, and compliance. For enterprises, digital product engineering has become critical for survival in the highly dynamic global business landscape. Accordingly, investments in digital engineering solutions are expected to witness an uptick to the tune of $1.85 trillion in 2022. The figures are going to reach $3.4 trillion by 2026 (Source: Statista.) Keeping the growing investments in technology in mind, let us discuss the top 5 trends that are going to shape digital engineering services in 2023.

 

Trends in Digital Engineering Services in 2023

The year 2023 is going to see the transition of a larger number of enterprises into the digital landscape by leveraging new digital technologies, as mentioned below:

1. Digital Immune System: This specific trend in digital engineering services combines various technologies and practices to ensure software applications become more resilient to bugs. This will make such applications respond to threats, manage risks, and drive business continuity, quickly and easily. Gartner predicts enterprises investing in the digital immune system will decrease their downtime by 80% and increase customer satisfaction. The key features of any digital immune system include AI-augmented testing, observability, auto-remediation, chaos engineering, supply chain security, and Site Reliability Engineering. These together can help any system  return to its default state and provide uninterrupted services.

2. Growth of No-Code and Low-Code Platforms: With accelerated time to market driving enterprises to develop top-quality applications, no-code or low-code development platforms are going to take center stage. To speed up digital transformation initiatives, enterprises across the industry are adopting no-code and low-code platforms. Also, given that enterprises are adding to the technical debt by spending a considerable amount of time building and maintaining tools for digital quality assurance, CIOs are anticipating a shortage of skilled resources. Here, no-code or low-code development platforms can empower teams to build applications quickly to bridge the digital divide and streamline processes. 

3. Applied Observability: It refers to the ability to get into a modern, distributed system to detect and resolve issues faster. This is done by monitoring the internal state of a system by collating, comparing, and examining a stream of data. This may include telemetry data in the form of logs, traces, metrics, and dependencies. Applied observability then correlates such data in real-time to offer resources with comprehensive and contextual information about the issues to be addressed. The technologies used to do so include AIOps, automation, and machine learning. By applying observability, enterprises can optimize business operations, drive digital assurance and testing, and increase response in real-time. It can minimize delays in decision-making and enable businesses to have a competitive advantage.

4. Platform Engineering: It is a technology approach to fast-track the delivery of software applications so that they create business value. The discipline helps businesses  design and build toolchains to enable self-service capabilities on the cloud. It aims at modernizing the software delivery pipeline through reusable tools, minimal overhead, reduced cognitive load, higher efficiency, and increased synergy. Platform engineering aims to build a platform that is in sync with end-user requirements using automated processes and standardized components.

5. Scrumban Methodology: As a project management framework, Scrumban combines Scrum and Kanban. In doing so, it combines the agility, structure, and predictable routine of Scrum with the visualization and flexibility of Kanban. The Scrumban methodology can help enterprises transform their workflows into something more agile, productive, efficient, and versatile. It ensures process iterations are done at regular intervals, continuous workflow is maintained, batch processing is eliminated, and more focus is placed on analysis and cycle time, among other things.

 

Conclusion

Since the world is increasingly being built and driven on digital technology, IT strategies have become important to meet ambitious business goals for enterprises to stay competitive. It is only by investing in trending digital capabilities, as mentioned above, that any digital engineering company can hope to unlock the potential of digital technologies and thrive in the new normal.


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