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Enable Increased Revenue using Rapid Application Development

Blog: Indium Software - Big Data

Technology is constantly evolving in today’s competitive business environment; hence it is important to build new and innovative software where the features serve the customer better. The building and delivery of the software need to become faster, and the evolving needs of customers require to be catered to before your competitors.

According to BusinessWire, the rapid application development market is expected to reach a compound annual growth rate of 42.6% between the period 2021 and 2026. The next few years will see many enterprises adopting rapid application development.

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Rapid development means that the application development model provides prototypes at a high velocity. There is constant feedback from the customer which is used to extend the product’s life cycle on the market.

As building software is a very dynamic and constantly changing field, rapid application development services are built in a way that less stress is put on planning tasks, and more emphasis is put upon the rapid development of the prototypes. Let’s look at why rapid application development (RAD) is important in today’s IT environment, and the phases included in the process:

The Significance of Rapid Application Development (RAD)

Rapid application development is one of the most efficient software development program methodologies today. Discussed below are some advantages that come with adopting rapid application development services:

Phases of Rapid Application Development

There are four distinct phases in the process of rapid application development. The steps included are as listed down below:

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How RAD can help your Business Boost Revenue

There are some key factors to consider before adopting the rapid application development (RAD) methodology. RAD works in models where the systems can be broken down into separate modules.

Also Read: Taking advantage of Mendix’s Rapid Application Development Capabilities with MS Azure

What the Future Holds for RAD

Although rapid application development as a process is a few years old, it remains very relevant in the current state of IT. There is a need to deliver products to the market a lot faster to keep up with market trends. Traditional approaches come with strict planning and documentation which can be both time-consuming and expensive for businesses.

Since the product needs to be tailor-made to the customer’s expectations, the fast development needs to come with ample client participation. As the client can see the prototype at any point, RAD emphases on rapid prototyping where the process can be used on all project sizes.

Fast-project turnaround, a rapid working pace, and constant customer feedback loops are some integral parts of the rapid application development process. Leveraging rapid application development can help in reducing the overall planning time and help focus on multiple prototype iterations to satisfy customers at every step of the development process.

The post Enable Increased Revenue using Rapid Application Development appeared first on Indium Software.

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