BBVA API Market
The Spanish and European economies are facing turbulent times, while a recovery is largely dependent on the availability of skilled training in science and technology. According to forecasts from the European Commission, the technology sector is expected to generate some 900,000 jobs between 2015 and 2020.
According to the annual survey conducted by Stack Overflow, which polls 50,000 developers from 170 countries, a significant proportion of global job prospects are associated with software development.
Such jobs are the best paid in the United States, followed by positions in banking and the health industry. This trend has been gaining traction steadily since 2013. Those working in the industry tend to consider a flexible schedule a more important factor than salary, while the most effective means of securing a job is via networking rather than using LinkedIn.
A study by KeepCoding, involving more than 500 Spanish-speaking developers, found that just 10% of those canvased were currently unemployed. While those who had been unemployed took on average three to six months to pin down a job. These figures demonstrate just how quickly those working in the industry manage to find new employment.
The following are the key trends in software development for 2016:
– Cloud Computing: cloud applications offer scalability, flexibility and speed, all of which are key elements in the sector. Cloud hosting is set to become increasingly popular, providing web hosting platforms via virtual services, as will XaaS services, which deliver on requirements instantaneously via external providers.
– Isomorphic applications: this means being able to use the same code both on the client and server sides. This has multiple benefits in terms of application speed, maintenance and versatility.
– NodeJS: this technology has in fact has been around for a long time, but now the various tools that it provides are being used to optimize a variety of elements, such as task management.
– PHP7: this is an update of the previous version, being much faster, and is blazing a trail in web application in 2016.
Carlos López-Moctezuma analyzes the present and future of open banking in a roundtable dedicated to this matter, where essential questions such as user growth curve, the role played by fintech and the profound evolution that banks such as BBVA and others have experienced in the past few years.
Online businesses are offering more and more facilities for customers to pay for their products. It is becoming more common to integrate financing into retail applications, and it is an added value for companies that implement it within their platforms.
Startups and existing companies in the process of digitization need a new set of digital tools to help them transform their businesses and get more in tune with their customers' needs. If possible, they should develop frictionless systems that do not create barriers to entry for the business, as occurs with some banking solutions.