According to the Statista report, the pandemic didn’t affect how 37% and 43% of software developers work or study in employment and education, respectively. Further, the report also revealed that covid19 impacted 30% and 25% of software developers significantly on how they work and study.
However, unlike other industries, the software development industry stood strong during the Covid-19 storm. Indeed, remote work further fueled the industry and allowed developers to work from anywhere as they don’t rely on in-person or physical services. Also, the global vaccination drive has taken the industry a notch higher.
Now that the dust has settled, it’s time to uncover the impact of covid19 in the software industry that helped it achieve staggering growth.
How COVID-19 Impacted Software Development Worldwide
1. Remote Culture Saw Increased Productivity
As an impact of covid19 on software developers, the majority of the workforce will stop commuting in the morning to stay at home in 2020. The software development industry was quick to adopt the trend.
Although working from home made communication sluggish and reduced collaborative work for many companies. However, the shift in the working environment did seem to have a positive impact that improved productivity.
A study by ASG technology found that over half of survey participants’ focus on DevOps increased due to the covid19 impact. Further, 52.3% reported that they had made progress in learning cloud app development and migration.
These findings align with the general trend toward increased productivity across sectors. Also, the overall output is believed to be growing by 47%, and the CRM activities are up by 176%. Software development is usually an individual endeavor.
Thanks to that, remote work seems to be in line with the standard practice of stopping coders from spending excessive time meeting other people. This aids in increasing their productivity and skyrocketing their efficiency as programmers.
2. Development Services are In Greater Demand
Although the demand for essential service providers declined in 2020, the need for data and software developer positions has continued to expand.
According to the Randstad report, data and software development roles increased by one percent and eight percent in the first few weeks of the pandemic. To be specific, jobs in data engineering have increased by six percent after the announcement of lockdown restrictions.
However, the most noticeable rise occurred before the coronavirus news broke out. As per the report, the demand for IT jobs increased up to 93% in the month of January 2020 when compared with December of the year before. But selecting one company is not easy as there are several factors in selecting a custom software development agency.
In addition to the rise in the demand for software services, low-code development tools are highly sought-after tools. These no-code development technologies allow businesses to create and implement their own services with little to no code. This will make the work of developers more valuable and will increase their demand further.
3. Increased Digital Spending
It’s not surprising that overall business spending dropped due to the outbreak. But, research suggests that some companies have kept, and in some cases, raised their budgets for digital transformation due to covid19 impact.
A recent study by the Institute of Financial Studies (IFS) found that, over the last year, 70% of businesses boosted or kept the same investments in digital technologies. At the same time, only 19% cut their tech budgets due to the impact of covid19 on the software industry.
The increase in spending seems to coincide with the fear of economic instability disrupting businesses. Also, the report revealed that 52% of companies increased their digital expenditure because of the macro-economic disruptions caused by COVID-19.
It’s no surprise that businesses embrace digital technology to work remotely and automate processes to assist customers practically.
4. Evolving Consumer Demands
The disruption in consumer behavior caused by Covid-19 is not surprising at all. From relying on online grocery shopping to browsing on shopping, portalshave made browsing in person a distant memory.
This means that companies must change and adopt strategies that are in line with the current scenarios. Businesses that desire to sell and market their goods and services must create elegant online platforms or apps that enable users to purchase remotely.
The same principle applies to other industries impacted by covid19. Supply chains are constantly affected, particularly during the initial days of the pandemic. Thus, efficient apps and digital services became the need of the hour to improve transparency and facilitate B2B communication between sellers and suppliers.
5. Improved Tech-Led Healthcare Solutions
The most unlikely yet fruitful outcome of Covid19’s impact was the increased use of digital technology in the healthcare industry. The harmonious collaboration of hospitals with software development outsourcing providers enabled them to create AI applications. This medical software allowed healthcare workers to offer patients contact-free services.
Moreover, many countries have developed their own Covid19 trackers to control virus transmission. Such tracking apps alert users about their exposure to infected people so they can isolate themselves and seek help.
However, this is not the only improvement healthcare saw thanks to tech enablement. There are various other applications and impact of covid 19 on the healthcare industry that helps save the lives of millions of people. The increased penetration of technology in healthcare has helped change the powerlessness of people.
The past two years have changed how we live and work even after the world returns to normality. Still, the remote work culture will likely stay here even after we move to the typical day-to-day life. Companies that need workers to be present in the office can take a middle road of hybrid work.
This allows software developers the flexibility to work and learn simultaneously. Further, the pandemic’s impact on software developers and the industry has emphasized tech-led growth. It also enabled companies to leverage technology for software innovation.
Want to leverage this tech innovation for your business? Positiwise Software Pvt. Ltd. is a key player that enables various industry verticals with cutting-edge software applications. We have a team of nimble-fingered and tech-agnostic developers with expertise in different software technologies.
Contact us to consult our professionals for all your software development and outsourcing services requirements.
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