The top 10 IT trends for 2020 (6) – Trend 5: Next-gen app platforms embrace digital innovation

The top 10 IT trends for 2020 (6) – Trend 5: Next-gen app platforms embrace digital innovation

Cloud-based application platforms are becoming the pacemakers in the software industry. Pure cloud platform providers such as Salesforce, Workday, and ServiceNow have been getting a lot of attention, and this will continue and even intensify.

Next-generation platforms allow for fast deployment of applications, taking advantage of the new technology’s benefits. These platforms come with more and more embedded features for analytics, AI, and automation. They can be used to deploy default features fast. At the same time, they support the rapid development of new apps that leverage the capabilities of these platforms.

Due to the success of these next-generation platforms, the software industry is under pressure. Traditional application vendors such as SAP, Oracle, and Microsoft cannot stand idly by. They are indeed investing into next-generation platforms. They want to provide state-of-the-art application platforms for existing customers (as an alternative to their legacy applications) as well as modern software solutions to attract new customer segments.

These vendors are not alone. There is an enormous number of other ISVs that have to find a way to become next-generation platform providers.

In our view, applications’ platform capabilities will become a key differentiator. This includes the fast adoption of new technologies by expanding the platform as well as the support of data management platforms. The latter is very important to allow for comprehensive end-to-end process management, analytics & AI, as well as the processing of data from various sources.

Cloud hyperscalers play an important role in this space as they provide the deployment infrastructure for applications and an arsenal of technologies that applications can leverage.

What does this mean for the market? These next-generation platforms change the way companies deploy and customize software. And they change the way that these vendors’ partners deliver application-related services. New skills and deployment methodologies are required. This all leads to the fast development of complex ecosystems of consulting & integration partners, and ISVs.
 

The top 10 IT trends, which we believe will have the greatest impact in 2020: