Over the last few years, there’s been a major increase in the number of businesses that are utilizing microservices architecture.

One study found that approximately 60 percent of companies are already using microservices.

About half use this approach in their day-to-day software development operations. The others have started a pilot or proof-of-concept project.

Are you interested in microservices? Have you been wondering whether your business can benefit from them?

Read on to learn everything you need to know about microservices and the benefits they can provide to a company like yours.

What are Microservices?

Microservices architecture is a software development method. It focuses on building single-function modules as part of a well-defined interface and operation.

Microservices architecture is a solution to many of the problems presented by monolith applications. Monolith applications exist as single units. Because they’re a single unit, these kinds of applications can very slow.

Microservice architecture helps to speed things up. It also makes it easier to fix problems without building and deploying a brand new version of the software.

There are six main characteristics of microservices:

  • Software built using microservice architecture can be broken down into several component services
  • Microservice architecture is centered around specific business priorities and capabilities
  • Microservices have a very simple routing process
  • Microservices are decentralized
  • Software built using microservice architecture is designed to handle failure better than monolithic systems 

Microservices architecture is also designed to evolve over time. It’s ideal for systems that are likely to be accessed on a variety of devices and are part of new or rapidly growing industries.

Benefits of Microservices

There are lots of reasons why a business might want to make use of microservice architecture when it comes to software development.

The following are some of the greatest benefits that come from implementing it into your business:

1. Easier App Building

When you start using microservice architecture, the app building process becomes much easier.

Each microservices is its own chunk of code, so it becomes easier to manage all the code involved in the particular app you’re developing.

Remember, too, that you can implement microservices while using a variety of programming languages, software environments, and databases.

This gives the developer more freedom and allows them to deploy, rebuild, and re-deploy each service independent of the others.

2. Easier App Maintenance

The ability to test and improve each aspect of the app separate from the others also allows for easier maintenance and troubleshooting.

If there’s an issue with one aspect of the app, only one service is affected instead of the entire program. In most cases, it’s easy to compensate in the event that one individual portion of the app fails. 

3. More Flexibility

Developers can write each microservice while using different technologies. This allows for a lot more flexibility when it comes to the software development process.

The developer can choose the tech stack that is most appropriate for each particular aspect of a service.

Services written in different programming languages can work together without throwing off the functionality of the entire software. 

4. More Innovation

Microservices architecture allows for more innovation in software development, too.

Small teams can act autonomously and take ownership of various services. They can also work to make them better without worrying about how those changes will affect the program as a whole. 

It’s easy for developers to test new ideas and roll them back in the event that they don’t work out. This, in turn, lowers the cost of failure for businesses. It also ensures that developers are not afraid to try something new.

When developers are free to create and innovate without fear of repercussion, businesses are able to thrive and do great things for their customers.

5. Improved Code Quality

In most cases, code quality gets better when you start using microservices architecture in your development process.

When you divide software into several small, well-defined modules, it’s easier to avoid mistakes and check to make sure everything is running smoothing.

The code becomes easier to maintain, compose, and reuse with this approach.

6. Improved Speed and Productivity

Speed and productivity both increase for businesses that make use of microservices architecture.

Microservices architecture helps to break down applications into smaller, easier-to-manage services.

In addition to being easier to manage, these services are also easier and faster to develop. 

Microservices architecture also allows several teams to work on different components of the app at the same time. No one has to worry about being held back by anyone else.

All of this allows for faster production and eliminates wasted time. It also makes quality assurance easier. Different teams can test and improve their services independent of others that may be taking longer to develop.

7. Improved Scalability

Finally, it’s easier to scale your business’s programs when you make use of microservices architecture.

If you want to add to a particular software program and grow it into something bigger, it’s easy to do since you don’t have to reconfigure the whole system.

You can implement and fine-tune new services with ease whenever you think of a new way to serve your customers and improve the performance of your product.

Your software will remain more resilient during the scaling process, too. This is because it’s easy to update and replace components that are failing and holding the program back.

Boost Your Business Today

As you can see, there are plenty of reasons why you might want to start using microservices in your business.

Microservices are a great tool that allows you to provide more value to your customers and your business’s stakeholders.

Be sure to consider all these benefits if you’ve been on the fence about microservices being a part of your business plan.

Do you want to learn about other tools and strategies you can use to grow your business and run it in a more efficient way?

If so, we’ve got lots of articles for you. Start by reading this one on the benefits of helpdesk software today!

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3 IPOs to Watch in 2016 3 - Florida Independent
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3 IPOs to Watch in 2016

Whether you are curious about stock or any other form of financial trading or simply enjoy seeing a success of the startups – IPOs are a great to watch. Not only you get to learn how undervalued or overpriced a certain company was, but you also get to see a rapid development a company can achieve with the funds it raised.

We are entering the middle of 2016 and so far there has not been too many interesting IPOs. When looking at the financial industry, it is possible to highlight the listing of the largest Dutch bank – ABN Amro. Next to this, a few ECN currency brokers flipped an IPO this year.

X-Trade Brokers, just got listed roughly a month ago, which signified the largest initial public offering in Poland during the last 365 days. Also, a leading UK brokerage, CMC Markets, started listing its stocks in February this year. Nevertheless, this IPOs weren’t too exciting. There is much more to expect in the coming month from the tech sector.

The most promising

Airbnb, a company that lets everyone lend their house, flat or a room is expected to start issuing stocks this year and this is certainly the most interesting IPO to keep your eyes on. The reason for this is very simple – apart from nearly $25Bn valuation, Airbnb actually generates some significant revenues.

What also tells us that this IPO will be a successful one is the lack of legal issues behind the business processes. Even though some laws in Germany were prohibiting the usage of such peer-to-peer services, the whole legal framework behind Airbnb is rather favourable. In addition to this, there is quite a strong support for the shared economy nowadays and, hence, this company might be seen as the safe-haven investment.

The most interesting

Do you remember last time you used a landline for calling? Well, thanks to this company, quite soon you might not remember last time you ordered a taxi. Yes, you got it right, we are talking about Uber. Even though there is no certainty whether Uber will flip an IPO this year, it is quite probable.

What makes this IPO the most interesting one? The whole legal situation behind Uber. Clients love it for its pricing and simplicity. Taxi companies hate it. Without a doubt Uber is a successful company, yet its operations strongly depend on the legal decisions of the local authorities.

While strikes against Uber happen frequently, those are the local regulators that will have a final word in determining Uber’s success in terms of market coverage and, hence, revenues.

The most amusing

Without a doubt previous two companies are here to stay. Both of them offer quite an advanced technology that simplifies people’s lives and provide cost benefits. However, there is another company that looks for an IPO this year, and many investors are laughing about it.

We are talking about Snapchat, the company that allows millennials communicating with each other, sticking funny noses on their selfies, the company that struggles to produce hardly any revenues.

While some investors laugh about this IPO, others see it as a great opportunity. Snapchat may not look like a goldmine, but it certainly has some potential. The main question is whether investors will be patient enough to see Snapchat implementing powerful advertising solutions while sustaining the growth of its user base.

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