Enterprise Software Development – A Complete Overview in 2024

Revenue in the enterprise software market is estimated to cross $147.60bn in 2024 in the United States. The rise of various types of enterprise application software (EAS) is leading the business industries by storm. Enterprise software development is different from others as they are designed to deliver the complex needs of large business organizations.

Unlike simple IT solutions, they can address and unify an entire organization’s operations. This involves integrating different business segments and creating solutions where various departments can collaborate efficiently toward achieving common goals.

Opting for enterprise software development services can help you leverage automation, streamline key operations management, and more.

What is Enterprise Software Development?

Enterprise application development basically involves building large-scale IT solutions that can tackle various functions and ensure smooth management of day-to-day operations for big business industries. Such software can integrate CRM, Business intelligence, accounting, and many more tasks.

The primary goals of building enterprise software solutions are to automate various tasks and streamline daily operations with the help of up-to-date technologies. They help to achieve high customer service and boost employee productivity by enhancing communication and collaboration among the different team members.

5 Key Types of Enterprise Software You Can Build

Different types of enterprise software can be built to focus on specific business operations and offer a virtual platform where different departments can collaborate together. The infographic below depicts the revenue segments for different types of enterprise-grade solutions:

Source

The major types of enterprise-grade digital applications are:

1. Human Resource Management Software (HRMS)

As the name suggests, HRMS is a suite of applications designed to handle human resources-related operations. Such enterprise systems can handle recruitment, payroll processing, talent acquisition, and leave management.

2. Customer Relationship Management(CRM)

CRM is the most dominating enterprise applications and holds an estimated market volume of US$44.73bn in 2024. This software category helps businesses with sophisticated management of customer data and interest in every detail that could upsell sales, cross-sell & ensure high-grade services for the customers.

3. Enterprise Resource Planning (ERP) Software

An ERP is designed to automate processes and act as a holistic software for achieving systematic management and ensuring smooth business operations. It can help monitor and ensure the optimum use of resources. As a holistic software, an ERP solution can help run the entire business and provide assistance to finance, manufacturing, supply chain, services, procurement, and more.

4. Supply Chain Management (SCM) Software

This type of enterprise app development solution can tackle supply chain management and ensure smooth management of the flow of services and goods. It also ensures complete coordination among the various team members involved, from raw material procurement to the finished product release.

5. Business Intelligence (BI)

Assimilating business intelligence software tools in an enterprise can help gather data and analyze it for actionable business decisions. BI software is viewed as a strategic tool for staying ahead in the race by leveraging data visualization.

What are the Benefits of Enterprise Software Development?

The major benefits of building enterprise software are:

• It helps to optimize workflows, automate repetitive tasks, and reduce manual errors significantly.
• Enterprises gain real-time data analytics, which helps them make well-informed decisions and drive smarter strategies.
• Helps to foster smooth communication and collaboration among the business employees.
• It can meet the growing needs of the company which further helps to seize opportunities and stay ahead in an ever-growing market.
• Companies can follow regulatory compliances and safeguard sensitive customer & business data efficiently.

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7 Simple Steps to Enterprise Software Development Process

Step1- Analyze Enterprise Needs

The enterprise app development services begins with detailed documentation of the key business operations. This involves identifying the drawbacks of the current IT infrastructure and the latest business requirements. Understanding the business apps high-level functional and technical requirements involves a 360-degree view of the project.

Step2- Detailed Software Planning & Alignment

At this phase, you have a sound understanding of the project requirements, and it’s time to focus on drafting the technical requirements. This involves making point-to-point decisions on the architecture of the enterprise software development project.

Vital aspects of the new system, such as the flow of data and required communication protocols across multiple integrated apps, are all decided at this phase. This means an end-to-end strategy must be implemented to verify all unidirectional and bidirectional calls between various integrated systems.

The planning phase also involves making decisions on the backup and recovery mechanisms and analyzing how efficiently the integrated system works within established bandwidth limitations, among other things.

Step3- Design UI & UX for the App

Having steered through the planning phase, you can finally view the enterprise apps taking structural shape with wireframing tools. This phase of development involves UI & UX designers collaborating research with business analysts to determine the needs of the target audience and the goals of the project.

The focus here is to inspect and visualize users’ interaction with the system application and the flow of data across the pages. The design team uses wireframing tools to create page designs and showcase various user interactions.

Step4- Frontend and Backend Development

This is where the app programmers start writing code. The frontend developers transform UI designs into functional client side with established communication with the server.
Following agile principles, the backend professionals work on the server side and integrate APIs and business logic into the app.

Both teams are responsible for reviewing whether the application meets the required functionalities and offers optimum performance. The QA team further cross-checks this using various standard testing procedures.

Step5- Upload/Migrate Enterprise Data

If your company is undergoing digital transformation and does not have an established IT infrastructure, the process involves preparing and uploading data. However, for enterprises undergoing innovations and upgrading to new technologies, this step involves complete data migration from the existing systems to the developing solution.

This means inspecting the legacy data, ensuring zero duplicity, and eliminating inconsistent data. Various supported data formats are enabled to ensure smooth communication between the interconnected systems.

At this phase, the ETL (Extract, Transform, and Load testing) is performed to ensure adequate data transformation.

Step6- Testing & Launch

The application is first deployed on the staging server to detect and eliminate any unresolved performance issues. Once the QA team ensures that the application is performing as expected, it is launched for use by the target audience.

Based on the business industry, the application is also checked to ensure that it meets standard regulatory compliances like HIPAA, PCI DSS, GDPR, etc.

Step7- Maintenance

Although the application is available for use, it does not imply that the project is over. Any enterprise system requires feature updates and regular maintenance to ensure that it stays relevant to the end users.

Wrapping Up

At JS Panther, an enterprise software development company, we tailor up-to-date, complete solutions that easily adapt to business key processes. This helps you efficiently leverage the benefits of a custom ERP solution that meets your present needs and serves to fulfill future demands as well.