Industry-Specific Challenges in Enterprise Software Development and How to Solve Them

October 10, 2024

Software now sits at the core of how industries operate, compete, and grow. Yet, the journey to build and scale it is rarely smooth. Regulations shift. Customer expectations evolve. Systems need to adapt in real time. And while these challenges exist everywhere, each sector feels them in its own way.

The good news is that industry-specific hurdles can be turned into powerful opportunities when the right strategy meets the right technology.

How Software Development Challenges Differ by Industry

Healthcare: Innovation under strict rules

The push toward digital healthcare is reshaping patient care, but it comes with a delicate balance: advancing technology while protecting sensitive information. Organizations must navigate ever-changing regulations like HIPAA and GDPR, ensure their systems can exchange data seamlessly, and stay ahead of relentless cybersecurity threats.

Financial services: Guarding trust at scale

Banks, fintech’s, and insurers run on trust. A single security breach can erode it overnight. From fighting sophisticated fraud to meeting AML, KYC, and GDPR requirements, these institutions must manage enormous amounts of sensitive data, while still moving quickly enough to seize market opportunities.

Retail: Meeting peaks without missing a beat

In retail, customer expectations set the pace. During peak shopping seasons, platforms must handle sudden surges in traffic while delivering smooth, personalized experiences. On the backend, accurate, real-time inventory data is non-negotiable for keeping promises to customers.

Manufacturing industry: Linking the factory floor to the future

Manufacturers operate in a complex ecosystem where legacy systems meet new technologies. Integrating modern software with existing machinery, enabling real-time monitoring, and keeping supply chains responsive are now essential for staying competitive.

Turning Challenges into Tailored Solutions

Digital Healthcare Strategy: From compliance to capability

By standardizing data exchange protocols, healthcare providers can improve interoperability without sacrificing security. Layering in advanced encryption and role-based access keeps patient data safe, while agile system updates ensure compliance as regulations evolve.

Financial Services Strategy: Smarter defense, sharper decisions

Machine learning models can spot fraud before it impacts customers. Automating compliance checks reduces manual work, freeing teams to focus on strategy. Big data analytics turn vast datasets into precise, actionable insights.

Retail Strategy: Scaling experiences that convert

Cloud-based architectures can absorb traffic spikes without slowing down the shopping experience. AI-powered recommendations keep customer journeys relevant, while IoT and blockchain give retailers a live view of inventory anywhere in the supply chain.

Manufacturing Industry: Building intelligence into every link

APIs and middleware smooth the integration between legacy and modern systems. IoT sensors deliver real-time performance data, enabling predictive maintenance. AI-driven supply chain models help anticipate disruptions and optimize delivery times.

The Payoff

When technology is built with a deep understanding of industry realities, the results are transformative:

  • Healthcare: Better patient outcomes, fewer errors, and easier compliance.
  • Finance: Stronger security, lower fraud risk, and greater agility.
  • Retail: Happier customers, smarter stock management, and higher sales.
  • Manufacturing: Less downtime, streamlined production, and resilient supply chains.

Moving Forward

Staying competitive starts with knowing where the gaps are, choosing solutions that fit both your immediate and long-term needs, and evolving as the market changes.

At Globant, we help organizations reimagine what’s possible by combining deep industry expertise with cutting-edge technology. Discover how our AI Studios work with your industry to turn its toughest challenges into its strongest advantages.

Trending Topics
Data & AI
Finance
Globant Experience
Healthcare & Life Sciences
Media & Entertainment
Salesforce

Subscribe to our newsletter

Receive the latests news, curated posts and highlights from us. We’ll never spam, we promise.

More From

The Data & AI Studio harnesses the power of big data and artificial intelligence to create new and better experiences and services, going above and beyond extracting value out of data and automation. Our aim is to empower clients with a competitive advantage by unlocking the true value of data and AI to create meaningful, actionable, and timely business decisions.