The technological revolution has introduced innovative AI augmentation tools that are transforming the corporate world faster than ever. At the beginning of the 21st century, Mark Andressen shared an observation that software will prevail in the tech industry. In this light, in 2022, a new catalyst has come to surface to transform the whole globe, which is artificial intelligence. In other words, AI is dominating the software. The following article goes in-depth about AI augmented development and its impact on software creation:
AI Augmented Development: A Quick Insight
The introduction of artificial intelligence has revolutionized the software industry in terms of functionality, development & sales. However, the state-of-the-art AI application in the sector is AI-augmented development. Experts define it as the designing of tools & online platforms that are built with AI functionality. In many ways, AI-driven tools are the future of software development.
According to Markets and Markets research, augmented intelligence market size will reach a financial growth of around 54.7 billion dollars by 2026, showing a CAGR of 25.1% for 2022-2026. The main region that will facilitate growth in the domain will be North America. The jurisdiction will have the largest market share, and increasing technological advancements will revolutionize the augmented intelligence market in North America. The list of key market players is below:
- AWS, Microsoft, and Salesforce in the USA
- SAP in Germany
- Cosmo Tech in France
- Bondi Labs in Australia
AI-augmented development of software empowers developers to create efficient apps that are faster, more reliable, and free from sophisticated coding. There are several advantages of AI augmented development systems, one of which is streamlining the coding process and making accurate predictions from code generation. In several ways, AI-driven tools will highly likely dominate the corporate world more. The following are five significant ways AI will revolutionize software development:
An interesting aspect of artificial intelligence is that it empowers non-professional users to create and upgrade digital applications independently. This way, both a layman and an expert can benefit from AI-powered tools. It has allowed transformed the software development industry for generations to come, taking productivity levels even higher than before.
Writing software is a detail-oriented task that demands expertise to come up with innovative tools. Currently, AI technology does not have the power to generate code independently. Undoubtedly, artificial intelligence models can identify data patterns, produce code generations, fill in decision trees, and predict the future based on the trends. Hence, a non-professional individual can work with AI systems to create efficient software code.
AI-Oriented Data Explosion
AI development company has streamlined the software writing procedure. This way, data & big businesses have started competing with each other. Several applications designed through AI-powered tools facilitate data mining, manipulation, and securing a competitive advantage. In this scenario, users can easily access data. Unfortunately, a disadvantage is that data explosion results in an exponential growth of data mining at a parabolic rate.
AI Augmented Development & Security Concerns
Currently, the safety issues regarding AI-driven software are obvious. With time, the software infrastructure is becoming more delicate, with numerous loopholes. Undoubtedly, AI technology is still developing, which discourages a layman from committing any cybercrime. In any situation, security must remain high to deter bad actors from exploiting the systems. This is essential to ensure that all AI augmented development platforms have built-in security protocols to discourage external attacks.
AI Facilitating the Growth of New AI Technology
In the future, AI augmented development platforms will possess the ability to design artificial intelligence independently. In other words, AI will create more AI. the idea can be discouraging and far-fetched for some, but it will ensure exponential growth in the tech world. This way, experts will be able to design faster and more sophisticated software having unbeatable security protocols. The idea can also make it challenging to visualize the future of humanity, but it will be safe for people because individual safety will always be a top priority.
Democratization of Tech
AI augmented development will surely revolutionize the tech world. With cloud computing, All SMEs will be able to rent data centers & compete with famous enterprises. Opting for AI augmented development software platforms will empower SMEs to construct competitive infrastructures.
Using AI augmented development platforms will flourish because of rising volume of business data and increasing data security concerns. The generation of massive volumes of data and growing need to analyze it instantly will motivate organizations to adopt AI, ML, and NLP-based technologies. This way, business experts will be able to gather insights from user data effectively and ensure a positive experience for clients worldwide. Previously, experts did data analysis through graphs & charts, which was a method prone to errors and resulted in poor decision-making. The arrival of AI augmented development platforms will change everything in the business world to boost revenue and facilitate exponential growth.