During the past few years, the end-users and enterprises of ISVs have been on a digitization journey. To add a few, they adopted various ground-breaking technologies, including the cloud and AI. Every enterprise in every industry is at some maturity level of digital adoption, and to that effect, software products are aligning to these changes. And that's because the evolving business dynamics have forced the ISVs to keep pace with the shifting demands and market their applications quickly. They outsource external capabilities, speed up internal processes, simplify operations, and adopt Platform as a Service (PaaS) to accelerate development processes and clear a channel to improve their sales and collaborations.
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The new generation of application development platforms enables ISVs to address various inherent issues in their products. Furthermore, these platforms help them better manage their costs and overheads and even get more control over their applications that, in effect, create high-performance solutions.
The Inevitability of a Digital Workplace
Offering a great customer experience establishes a company as superior to its competitors. In addition, all leading companies across domains are adopting edge computing, the Internet of Things (IoT), and artificial intelligence (AI), among other modern technologies. These companies can't settle with quick-fix solutions any longer, so ISVs are progressively disrupting the digital transformation space and doing it with the help of the cloud. As a result, there's a high demand for a secure cloud to host scalable applications to boost sales and retention.
Furthermore, ISVs align their products with other vendors, which is essential to avoid compatibility issues and integrations down the line. To support a company's digital transformation, the ISV must be able to easily integrate its solution with the customer's existing ERP software. Again, by facilitating the Bring Your Own Device (trend), ISVs can expedite the transition for an enterprise customer toward a more digital workplace.