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Top 3 industries that get funds for software in 2021

By: PRLog

When it comes to business, in 2021 competition gets tougher. And the only way to stay on top is optimize processes in your company and use versatile software. It seems so simple, and yet to get a custom-made software you need solid funding. Check out how some companies got it this year.

NEW YORK - May 28, 2021 - PRLog -- Effective digital transformation still remains the key priority of numerous businesses in 2021. Tech trends may change, but the need for software stays. It is not a secret that to build feature-rich solutions powered by the latest technology, you need a great deal of money and a reliable development team.

Funding means a lot if you are starting the development journey. So in this post we've decided to share with you a list of top 3 industries that get funds to build software in 2021.

To begin with, let's speak about the healthcare industry which should always stay ahead and use only up-to-date medical software to ensure productivity and high level of patient care. This year Collective Health raised $280 millions in funding to develop their healthcare solution that helps to make data-driven decisions, process claims, and even suggest treatment options.

The next industry we want to cover is finance and trading. Although there are so many automated trading systems on the market, there is still a place for new solutions. And as for digital banking, the BaaS startup called Nymbus got $53M in funding to develop their incredible full-service digital banking.

And last but not least, let's speak about business intelligence tools. These days it is impossible to imagine a company without CRMs, ERPs, IoT and even AI-powered productivity tools. All custom solutions for business are very expensive, so no wonder that significant funding is required. F.e. Icertis, involved in development of enterprise contract management software, raised $80M this year.

There are so many business industries that can make use of effective software and are ready to invest in it. So you just wait and see how many inventions are going to appear soon, or be a part of the tech revolution and make your input.

Alexandra Rostovtseva CTO & Founder

Photos: (Click photo to enlarge)


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