The tech industry worldwide is facing a significant shortage of software developers, which can be attributed to various factors, such as the rising complexity of custom software development and the surging demand and competition for skilled developers.

The US Department of Labor predicts that job opportunities for software developers will grow by 25% by 2031. Despite the staggering demand for software developers, there aren’t enough professional developers with the right skill set to meet the specific requirements. As per the stat of 2021, the shortage of qualified developers is around 40 million, and it is expected to reach 85.2 million by 2030. 

What happens when there aren’t enough developers

The shortage of qualified developers may have far-reaching effects. When businesses battle to attract and recruit great talent, Only about 25% of candidates meet the requirements and the quality required for software development. The economy may suffer due to the delay in new software initiatives as other countries may surpass the US in creativity and technology. If more IT positions aren’t filled, the US may lose $162 billion in revenue annually.

Moreover, the shortage can cause a loss of talent, as employees may leave for jobs with less demand for their skills. McKinsey & Company reports that around 40% of employees across industries in the US may leave their current jobs by the end of 2022, which can significantly affect a company’s internal expertise.

Can AI battle the ongoing crisis?

By automating various tasks and processes, AI can help with the ongoing fight against the software development shortage. 84% of IT leaders, according to a survey by Accenture, think AI will help their organizations address the skills gap. AI enables programmers to automate repetitive chores like coding, debugging, and testing. This can free up resources and time for developers to work on more challenging projects. AI can also analyze enormous volumes of data and generate insights that can help decision-makers and streamline the software development process. AI, for instance, can assist in streamlining workflows and enhancing overall efficiency by recognizing code trends and best practices.

CloudApper AI platform for enterprise software development  

CloudApper is a cloud-based AI platform that facilitates custom enterprise software development. The AI-driven platform from CloudApper streamlines software development by automating multiple steps. Users can use pre-built templates, drag-and-drop editors, and automated workflows on CloudApper’s AI-powered platform to develop new software apps without breaking the bank. By using this strategy, companies can develop custom software applications without needing to hire as many workers. Instead, they can utilize their current employees.

CloudApper also provides a platform license and turnkey DevOps service. With the platform license, CloudApper sets up a dedicated environment of its software platform for a company’s use, completely branded and customized to their needs. This can save companies time and resources that would otherwise be spent on setting up their infrastructure. Additionally, CloudApper’s turnkey DevOps service eliminates the need for companies to hire expensive and scarce AWS engineers, as their experts manage the back-end environment to ensure minimal downtime. These additional services can provide companies with a more comprehensive solution to the ongoing software development shortage.

Last words 

In the software development industry, there aren’t enough qualified developers. This urgent problem can greatly affect businesses, the economy, and the technology industry. But AI-powered platforms like CloudApper are making up for the talent shortage by automating repetitive tasks, making the development process easier, and letting businesses make custom software applications quickly and cheaply. By using AI, businesses can make their software development teams more efficient and productive, which will help them make better products and services for their customers. Contact us today to learn more about our AI-powered platform and how it can help your business battle the ongoing software developer shortage.