The Year 2024 in Hindsight
Based on the companies DueDive analyzed, here are some trends in tech companies 2024. In summary, companies were modernizing their technologies, scaling their systems, addressing technical debt, and adapting to market needs, with a noticeable shift toward SaaS, multi-tenancy, and cloud-based solutions.
Observations 2024
Shift to Modern Technologies and Architectures: A significant trend across multiple companies is the move towards more modern technology stacks and architectural patterns, particularly a shift towards SaaS, multi-tenant systems, and cloud-based solutions. Many companies are either in the process of, or planning for, a move away from older technologies.
Emphasis on Scalability: There's a clear focus on scalability, including development, performance, and customer scalability. Companies are looking to ensure their systems can handle increased user loads and expand their customer base.
Technical Debt Management: Many are aware of the presence of technical debt, often due to outdated dependencies and legacy systems. There is an emphasis on addressing these issues to ensure security, maintainability, and future scalability.
Agile Development Practices: All companies are using agile development approaches, with flexible roadmaps .
Key Differences between 2023 and 2024
Increased Focus on Multi-tenancy: Several companies are focused on moving to a multi-tenant SaaS model in 2024, suggesting this is a key priority.
More Emphasis on Cloud Adoption: There's a greater emphasis on cloud-based solutions and infrastructure.
Organizational Transformation: Companies are more focused on organizational changes, such as team splits and building out a product team, likely driven by their growth ambitions.
Stay tuned, next week we will give an overview of general gaps between the companies’ technical capabilities and their needs for the future plans.