5 technologies that help scale businesses

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5 technologies that help scale businesses

Engineers at GlobalLogic create digital business transformation solutions for 500 international clients. These technologies help businesses cut costs, automate processes, and create new products. GlobalLogic shared 5 technologies used in the digital transformation process and their benefits:

Cloud computing

Cloud technologies store and process the information needed to run various applications. Thanks to the cloud, an application with a thousand users can quickly scale to a million users. To do this, developers do not need to build their own IT infrastructure in advance. Owners “rent” as many resources in the cloud as they need to run the application here and now.

According to the study, cloud technologies help high-tech businesses grow faster and earn more. The technology saves up to 20% of the budget for IT infrastructure maintenance.

Microservices

A microservice in a container is a self-contained piece of software that performs a specific task and works independently of other parts. It’s like different utilities in a city: each is responsible for its own thing – roads, water supply, electricity. If all the power engineers suddenly get sick, it won’t affect road repairs or pipe inspections.

DevOps and CI/CD

Computer programs are created through repetitive processes: writing code, testing, integration (code delivery), etc. DevOps automates cyclical processes, reduces the cost of bug fixes by three times and saves time on routine development tasks by 22%.

Artificial intelligence and machine learning

AI and ML improve both the process of creating and using digital products. Moreover, these technologies make businesses more profitable. According to McKinsey research, AI will allow banks to earn 3-5% more. This is an additional $200-340 billion per year.

Big Data and advanced analytics

Big Data allows drawing conclusions based on the analysis of big data. For example, in medicine, it helps to predict disease outbreaks or develop new drugs. Thanks to Big Data, businesses innovate 25% faster and increase productivity by 17%.

Orkhan Gasimov, Chief Technology Officer at GlobalLogic, says:

“NEW TECHNOLOGIES ARE EXPENSIVE, BUT IT’S WORTH IT.”

According to him, according to research, businesses that invested in new technologies in advance increased their market share by 5% during Covid19. Technology makes businesses more resilient to crises.

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