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As the Founder and CEO of Advent Software, I often find myself looking at trends that will affect our industry over the coming years. One trend I am seeing is how global software development will be more important in 2022 than it has been in past decades. This blog post takes a look at 12 global trends affecting Advent Software and how we start implementing these changes today!
1) Globalization: The world’s economy is increasingly interconnected, with trade on an unprecedented scale. It’s no wonder then that international competition for jobs—and talent—is also heating up. In this blog (post), we take a look at 12 global trends to watch out for and what you can do to prepare your company now!
Awareness of the risks and opportunities related to AI, Big Data, Cloud Computing and IoT are on the rise.
The growing availability of data is making it easier for organizations to predict trends in their industries
and improving decision-making capabilities. At Advent Software’s ESG Lab, we’ve seen that a new generation of executives has entered into leadership positions within companies who have been trained using predictive analytics tools like our Insights product suite (previously known as Perspective). As they move up through company ranks these leaders will challenge organizational norms with new ideas about how best practices can be applied to achieve better outcomes for both customers and corporate stakeholders alike. It’s not just an IT issue anymore..its a business issue.
The Advent ESG Lab believes that these global trends will affect companies like ours in 2022:
– Data growth and availability continues to grow exponentially, becoming pervasive across industries as it enables everything from predictive analytics to real time decision making with the advent of cognitive computing;
– A new generation who are accustomed to data driven decisions enter into leadership positions; – The need for system agility becomes essential as a response to more frequent changes in customer needs, expectations and competitive pressures which require organizations be able to quickly adapt without compromising quality or security of their systems. This is particularly challenging when enterprise software takes years (or even decades) between releases due to expensive customization projects. It’s also difficult because agile teams often have limited access to data across the organization.
A new generation who are accustomed to data driven decisions enter into leadership positions;
– The need for system agility becomes essential as a response to more frequent changes in customer needs, expectations and competitive pressures which require organizations be able to quickly adapt without compromising quality or security of their systems. This is particularly challenging when enterprise software takes years (or even decades) between releases due to expensive customization projects. It’s also difficult because agile teams often have limited access to data across the organization.
The advent of cognitive computing enables everything from predictive analytics on human resources management practices that produce better results than traditional approaches thereby reducing turnover rates by up 20% over five years, providing social media listening tools that identify and categorize trending topics, and providing customer service agents with training on best practices for engaging in a conversation.
We’re excited to announce the general availability of our newest product – one that has been built from the ground up entirely as an agile organization. We intend this release to be much more than software updates; it will be an engine, powered by cognitive computing (and other emerging technologies), designed specifically for how your business operates today – not years from now. You can expect significant improvements in every aspect of your operations including data quality, compliance efforts, collaboration tools and cloud hosting options while retaining the same level of security you already depend upon Advent Software for.
I understand there are many questions about what all these changes mean but I hope you will find this blog post enlightening. Please feel free to contact me at any time to talk about the future of your business and how Advent Software can help not just today but for years into the future
Key Takeaway: This is a summary, long-form content should be a paragraph or more per section.
This blog post discusses 12 global trends that will affect advent software in 2022 and how it starts today. These changes include predictive analytics, low polling rates, customer experience management etcetera which are all things that have been integrated into new releases from Advent Software for customers who use their products now as well as those looking forward to using them in the near future so they can adapt quickly enough with less strain on