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Top Javascript Frameworks and Trends in 2020

With a fast-growing MEAN stack for web and mobile applications, Javascript is becoming the first choice for developers. It is the favorite technology for most professional developers (71.5% in 2018 and 69.7% in 2019), according to the Stack Overflow survey report. Let’s now look at the emerging trends and Javascript applications that are shaping for 2020.

Javascript Trends 2020 Overview

All modern browsers support Javascript and that’s why over 10400 companies in the world use Javascript in their stacks, according to stackshare.io. Here’s an overview of rising Javascript trends for 2020.

  1. Booming TypeScript: It is a superset of Javascript and existing JS programs function smoothly on TypeScript.
  2. In 2018, Vue.JS surpassed React, but since 2019, React is getting back its momentum.
  3. Framework independent web components are growing rapidly.
  4. Developers are considering modular and reusable components.
  5. Angular 7 is on the rise with new interesting features.
  6. More focus on solution-driven APIs through GraphQL.

TypeScript is designed by Microsoft to expand Javascript capabilities. Developers love TypeScript because of fewer bugs, easy to read codes, and self-documentation feature. Visit Github for TypeScript resources.

Top Javascript Frameworks in 2020

Although we see growing traction for framework-agnostic components, the demand for simple and scalable frameworks is still intact. Let’s look at the top 3 frontend and backend JS Frameworks.

The Top 3 Javascript Frameworks for Frontend Development

#1 Angular 7

AngularJS is a Javascript-based, open-source frontend framework developed by Google. Since its release in 2010, there have been several releases to make AngularJS more user-friendly and effective for web development. Following are some of the exceptional features that make Angular 7 even more desirable.

  1. Styling with CSS, SCSS, LESS using ng new / ng add commands.
  2. Virtual scrolling is now possible with ScrollingModule.
  3. Sorting and moving elements between the list has become simpler with the new DragDropModule function.
  4. Using TypeScript, Angular 7 has updated and enhanced dependencies.

#2 React

Facebook introduced React in 2013 and it has been trending for the last four years. Although last year’s release did not include any major release (just minor bug fixes in React DOM and Is), it still boasts of its biggest knowledgebase, support, and community. The following are the reasons for the popularity of React among developers – 

  1. Native UI: HTML 5 UI comes with several compromises in terms of intuitive user experience. React brings forth a new and highly functional approach to constructing user interfaces. In other words, the application UI is simply the function of the current application state.
  2. Component-based approach: It allows building encapsulated components that can be assembled to make complex UIs.

Also read – What is React Native Framework: An In-depth Study

#3 Ionic

Ionic is a framework to build and deploy cross-platform (android, native iOS, web) apps. Developers prefer this framework especially because of its intuitive UI components. Apart from simple CLI, and impressive icons, the best features that Ionic delivers are – 

  1. Deeplinking – it allows loading a specific view on the app from a web link.
  2. AoT Compiling – to load apps at a lightning-fast speed.
  3. Live Reload – to compile and redeploy apps at every stage of development.

The Top 3 Javascript Frameworks for Backend Development

#1 Express 

Express is one of the four components of the rapidly growing MEAN stack (MongoDB, Express, AngularJS, and Node.js). Developers prefer this framework for building APIs and web applications because of its robustness and minimalism. There have been 7 releases to upgrade the performance of the Express framework and no doubt, it retains the position of trending javascript frameworks even for 2019-20.

Express is one of the oldest active Javascript framework since 2010 and is termed as a standard server framework for Node.js.

#2 Next.js

It is a small framework particularly for developing applications in React. Next.js allows developing complex applications with minimal coding. This year, React and Next.js are going hand-in-hand. The growing popularity of React is driving developers’ inclination towards using Next.js. Its key features are – 

  1. Allows building universal JS applications that are compatible with any server or device.
  2. Irrespective of the data source, server rendering is easier in Next.js.
  3. It has in-built styling but also works with every CSS-in-JS solution.

#3 Meteor

It is an open-source isomorphic (applications that run on both client and server) javascript framework. Meteor has grown exponentially since its release in 2012. Its key features are-

  1. Compact code: It has an integrated Javascript stack that allows writing compact codes. For instance, a 1000 lines of code can be written in just 10 lines in Meteor.
  2. Hot push: It allows new feature releases without app store approval or users having to download the native app again.
  3. Technology integration: It allows integrating popular frameworks and tools. Thus, utilizing the best features from other tech stacks/frameworks.

Special mention: GraphQL

GraphQL is a query language for APIs and provides a runtime environment for fulfilling queries. It is developed by Facebook and is a star performer in the Github community. Also, many developers believe — GraphQL can replace REST APIs very soon. 

GraphQL addresses the following data issues-

  1. It gets all the necessary data to the client via a single request to the server.
  2. The client can communicate in a universal query language. Thus, the server need not specify the structure and composition of the returned data.
  3. It follows a declarative approach of describing the data requirements for the interface. Here, the focus is more on “what” rather than “how” making the information retrieval process simpler.

What about Node.js?

Node.js is the most popular Javascript-based runtime environment for MEAN stack. One should not confuse it with frameworks. It allows developers to use Javascript on both front and backend. Its resourceful APIs make backend development easier. It is a great choice for developing real-time and collaborative applications to date.

Probably, you’ll be interested to know what has changed in Javascript technology over the past few years. Take a look at the past trends-

  1. Javascript Trends 2019
  2. Javascript Trends 2018
  3. Javascript Trends 2017

Bonus – Top trending React Libraries of 2019!

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Retention playbook for Insurance firms in the backdrop of financial crises

4 minutes read

Belonging to one of the oldest industries in the world, Insurance companies have weathered multiple calamities over the years and have proven themselves to be resilient entities that can truly stand the test of time. Today, however, the industry faces some of its toughest trials yet. Technology has fundamentally changed what it means to be an insurer and the cumulative effects of the pandemic coupled with a weak global economic output have impacted the industry in ways both good and bad.

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Source: Deloitte Services LP Economic Analysis

For instance, the U.S market recorded a sharp dip in GDP in the wake of the pandemic and it was expected that the economy would bounce back bringing with it a resurgent demand for all products (including insurance) across the board. It must be noted that the outlook toward insurance products changed as a result of the pandemic. Life insurance products were no longer an afterthought, although profitability in this segment declined over the years. Property-and-Casualty (P&C) insurance, especially motor insurance, continued to be a strong driver, while health insurance proved to be the fastest-growing segment with robust demand from different geographies

Simultaneously, the insurance industry finds itself on the cusp of an industry-wide shift as technology is starting to play a greater role in core operations. In particular, technologies such as AI, AR, and VR are being deployed extensively to retain customers amidst this technological and economic upheaval.

Double down on digital

For insurance firms, IT budgets were almost exclusively dedicated to maintaining legacy systems, but with the rise of InsurTech, it is imperative that firms start dedicating more of their budgets towards developing advanced capabilities such as predictive analytics, AI-driven offerings, etc. Insurance has long been an industry that makes extensive use of complex statistical and mathematical models to guide pricing and product development strategies. By incorporating the latest technological advances with the rich data they have accumulated over the years, insurance firms are poised to emerge stronger and more competitive than ever.

Using AI to curate a bespoke customer experience

Insurance has always been a low-margin affair and success in the business is primarily a function of selling the right products to the right people and reducing churn as much as possible. This is particularly important as customer retention is normally conceived as an afterthought in most industries, as evidenced in the following chart.

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        Source: econconusltancy.com

AI-powered tools (even with narrow capabilities) can do wonders for the insurance industry at large. When architected in the right manner, they can be used to automate a bulk of the standardized and automated processes that insurance companies have. AI can be used to automate and accelerate claims, assess homeowner policies via drones, and facilitate richer customer experiences through sophisticated chatbots. Such advances have a domino effect of increasing CSAT scores, boosting retention rates, reducing CACs, and ultimately improving profitability by as much as 95%.

Crafting immersive products through AR/VR

Customer retention is largely a function of how good a product is, and how effective it is in solving the customers’ pain points. In the face of increasing commodification, insurance companies that go the extra mile to make the buying process more immersive and engaging can gain a definite edge over competitors.

Globally, companies are flocking to implement AR/VR into their customer engagement strategies as it allows them to better several aspects of the customer journey in one fell swoop. Relationship building, product visualization, and highly personalized products are some of the benefits that AR/VR confers to its wielders.  

By honoring the customer sentiments of today and applying a slick AR/VR-powered veneer over its existing product layer, insurance companies can cater to a younger audience (Gen Z) by educating them about insurance products and tailoring digital delivery experiences. This could pay off in the long run by building a large customer base that could be retained and served for a much longer period.

The way forward

The Insurance industry is undergoing a shift of tectonic proportions as an older generation makes way for a new and younger one that has little to no perceptions about the industry. By investing in next-generation technologies such as AR/VR, firms can build new products to capture this new market and catapult themselves to leadership positions simply by way of keeping up with the times.

We have already seen how AR is a potential game-changer for the insurance industry. It is only a matter of time before it becomes commonplace.

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