In 2023, the global custom software development market was valued at USD 35.42 billion. Looking ahead, it is anticipated to grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2030. This indicates a robust increase in demand for custom software solutions. This rapid growth makes it difficult to foresee what’s coming […]
When venturing into the startup world, terms like Proof of Concept (PoC), prototype, and Minimum Viable Product (MVP) are more than just buzzwords. In fact, they are the essential building blocks of any successful digital product. More than 70% of projects fail in the product development stage. Therefore, grasping these key concepts is vital in […]
As IT companies navigate the ever-evolving demands of their projects, the concepts of staff augmentation, outsourcing, and offshore resourcing have become indispensable strategies. A Deloitte survey indicates that 65% of businesses prefer offshore development for Cloud computing, Web development, Business processes, Power BI, and Big Data analytics. This is mainly due to the need for […]