The fintech industry is accelerating fast. Its global market is now well over $226 billion and projected to grow at a robust rate of 16.80% annually, reaching $1.071 trillion by 2034. As the industry expands, so does the complexity of secure, scalable, and compliant fintech application development. Whether it’s digital wallets, AI-driven financial tools, or […]

The automotive industry is experiencing a revolutionary transformation as vehicles evolve from primarily mechanical devices to sophisticated digital platforms. Software-defined vehicles (SDVs) represent the cutting edge of this evolution, marking a fundamental shift in how vehicles are designed, manufactured, and experienced. Rather than being defined by their hardware components, these next-generation vehicles derive their capabilities, […]

The software development life cycle (SDLC) is undergoing a major transformation, with AI tools reshaping how applications are built, tested, and deployed – of course, for the better. Indeed, a recent industry study revealed development teams using solutions like GitHub Copilot can deliver 126% more working projects each week while simultaneously improving code quality. Forward-thinking […]

Construction is facing a productivity crisis. In fact, for decades, manpower shortages, complex regulations, and crippling project delays have plagued the industry, often leading to cost overruns of up to 80% and project timelines that extend 20% beyond schedule. But a powerful solution is emerging: artificial intelligence (AI). With the AI in construction market projected […]

Healthcare startups face a daunting reality with an 80% failure rate. In fact, 20% of new businesses close their doors within the first year, and by the fourth year, half of them are gone. But there’s a way to defy the odds: outsource healthcare software development. As the healthcare industry encounters mounting cost pressures, evolving […]

Legacy system migration is a crucial step in today’s digital transformation journey. As businesses evolve, outdated legacy systems often become a barrier to innovation, security, and efficiency. However, the migration of legacy system can be quite complex since it involves different stages that require comprehensive knowledge about both the old and new systems. In fact, […]

Hiring a dedicated software development team offers a powerful solution for organizations looking to overcome challenges and achieve their business goals with maximum efficiency and cost-effectiveness. But what exactly is a dedicated team model, how does it operate, and how to hire dedicated software development team? Let’s dive into this article to discover the answers! […]

In the race to deliver top-tier software products under tight deadlines, an effective strategy on how to measure technical debt has become critical to software development. According to the Consortium for Information & Software Quality (CISQ), the cost of technical debt in the United States surpassed $2.41 trillion in 2022, up from $1.31 trillion in […]

In today’s healthcare landscape, Electronic Health Record (EHR) software is a vital tool for improving patient care, reducing errors, and streamlining workflows. EHR systems provide healthcare providers with real-time access to patient data, enabling more accurate diagnoses and treatments. As the demand for efficient healthcare services grows, the global EHR market is expected to reach […]

Outdated interfaces, poor performance, and technological stagnation – these challenges have led leaders to make a crucial decision: investing in software maintenance cost. Software maintenance cost is not just an expense but an investment in the future of any business. It is the process of improving software after its release: fixing bugs, enhancing performance, adding […]

Over the past decade, IT outsourcing has proven to be a strategic choice for businesses seeking to accelerate software development, shorten time-to-market, cut costs, and fill skill gaps. In fact, Clutch reveals that 90% of small businesses turn to outsourcing business tasks to foster growth and reduce wage expenses by 70% to 90% in top […]

Introduced over two decades ago, the concept of a minimum viable product (MVP) remains a fundamental principle in software development. As the originator of the term, the CEO of SyncDev – Frank Robinson – defined an MVP as a product that “is big enough to cause adoption, satisfaction, and sales, but not so big as […]

With the global number of mobile phone users projected to reach 7.49 billion in 2025 by Statista, it’s clear that businesses have long ceased debating whether to build a mobile app. Instead, the focus has shifted to which mobile development approach is the most optimal: native, web, or hybrid app development. Making this decision is […]

LTS Group is proud to announce the signing of a Memorandum of Understanding (MOU) with Korea Virtual Reality Inc., a prominent Korean company specializing in 3D spatial data authoring technology and metaverse platform services. The MOU signing ceremony was held at the headquarters of Korea Virtual Reality Inc., attended by officials from both companies, marking […]

We at LTS Group are thrilled to announce that we have officially achieved ISO 9001:2015 certification! This internationally recognized standard signifies our unwavering commitment to providing top-tier services and exceeding client expectations. But what exactly does ISO 9001:2015 mean, and why is it so important? What is ISO 9001:2015? ISO 9001:2015 is the world’s most […]

Mobile apps have become indispensable tools in our daily lives, serving purposes ranging from shopping and entertainment to productivity and communication. Given this reliance on smartphones, mobile apps are supposed to be high-performing, stable, and easy to use. To exceed users’ expectations, app builders are leaning towards native app development. Indeed, according to Precedence Research, […]

High performing agile teams have become essential for businesses, offering advantages over traditional models like waterfall by embracing flexibility and collaboration. This shift is driven by the need to stay agile amidst the ongoing changes and uncertainties in today’s business landscape. Despite the widespread adoption of agile development practices, success isn’t guaranteed. How can organizations […]

SaaS development is becoming more and more popular thanks to the rise of cloud technology. By 2030, the SaaS (Software-as-a-Service) market is projected to reach $908 billion, showcasing an annual growth rate rise from 18% to 18.7%. Increasingly, businesses are embracing the SaaS model for its cost-saving advantages, scalability enhancements, and heightened security measures. It’s […]

In 2022, 76% of employers worldwide faced challenges in finding skilled talent to meet their technology demands, as reported by ManPower Group. In the USA, the talent gap within the IT industry reached a significant 78%. Under such circumstances, coupled with the increasing demand for IT talent, staff augmentation becomes a lifeline for businesses. Nowadays, […]

Having entered the Information Technology (IT) industry at the age of 22, Mrs. Xuan made a bold decision to leave the position of Quality Assurance Unit Director at the no. 1 Tech company in Vietnam to start up at the age of 35. She is now a woman entrepreneur in technology, the CEO of a […]

A website or web app can be regarded as the face of an organization. A web can reflect the brand’s characteristics, archetype, tone of voice, environment, professionalism, and so much more. That’s why opting for a trusted web development vendor is challenging and it can make or break your brand. Understanding your struggle, in this […]

Choosing the right software development methodology can be a significant challenge since it greatly influences how an organization builds software. Plus, software development has historically been a costly and time-consuming endeavor, often stretching over months or even years. In light of this, lean emerges as one of the most reliable software development philosophies for businesses, […]

In today’s ever-evolving technology landscape, agile software development outsourcing stands out as a transformative strategy. The most well-known companies that use agile methodology are Apple, IBM, Microsoft, and Procter & Gamble. This innovative approach combines the adaptability, flexibility, and responsiveness of agile methodologies with the cost-efficiency and scalability of outsourcing.  But what precisely do agile […]

A lot has changed since the COVID-19 pandemic, including the significant rise of healthcare app development. Additionally, the rise in internet and smartphone usage, coupled with increased awareness of physical health and well-being, is driving further adoption of these apps. According to Grand View Research, the global market size for health apps was $43.5 billion […]

On April 16, 2024, LTS Group celebrated our 8th global entity – LTS Group Korea Branch Opening and Cloud Seminar focused on “Unlocking the Power of Cloud Services: Elevating Your Business in the Cloud Era.”   LTS Korea Grand Opening Ceremony The opening event of the LTS Korea branch took place with great success, in […]

In the current ever-evolving technology landscape, the ability to swiftly adjust to the changing market demands, customer requirements, and emerging technologies is crucial. This is where agile methodology plays a vital role. Within this guide, we’ll thoroughly explore the Agile software development life cycle, breaking down each phase of the process and offering actionable advice […]

Agile is considered a modern software development methodology in today’s software engineering. It offers a quick start, continuous improvement, and adaptability throughout the software development life cycle (SDLC) to enable product-market fit. Are you seeking the top agile software development companies of 2024? Discover the top 10 right below. Criteria for the agile software development […]

Mobile app maintenance is a decisive factor that is frequently overlooked in the dynamic landscape of mobile apps. While the early stages of developing a mobile application are definitely exciting, the true measure of an app’s longevity comes during the maintenance phase.  In this article, we delve into the significant role of maintenance mobile apps, […]

Are you having trouble searching for the best IT outsourcing companies to deliver a custom solution, or to expand your team? To help you “find the needle in the bottom of the tank”, we created a list of the best IT outsourcing companies in popular outsourcing locations in Europe, Asia, and the US. Top 15 […]

There exist different reasons for choosing offshore development. It may be talent access, cost reduction, and better localization when a business enters a new market overseas. As a result, Vietnam offshore development center with favorable conditions in the labor force, business costs, and business environment has made it to be among the top attractive destinations […]

Outsourcing your IT requirements brings an excellent opportunity to enhance efficiency and reduce costs. It can significantly contribute to improving overall business operations. However, determining the most suitable IT outsourcing models for your specific business needs might pose some challenges. In this article, we will explore various types of IT outsourcing models to provide you […]

According to statistics on outsourcing conducted by Grand View Research, the global IT outsourcing market size hit USD 245.91 billion in 2021 and is projected to reach USD 261.9 billion in 2022. The IT outsourcing trends have gained significant recognition across various industries and attracted all types of businesses. Notable tech giants such as Google, […]

Generative artificial intelligence (generative AI, GAI, or GenAI) is a worldwide game-changer in the early 2020s. Its endless possibility of generating open-ended content across industries has caught the special attention of investors, organization users, and individual users right from its first years of debut. So, what lay behind the hype? Let’s discover the applications, limitations, […]

Before executing a new idea or project, large companies have a tendency to create a proof of concept (PoC) outlining the conditions required to succeed. However, developing a proof of concept template can be a challenging process with numerous steps and success standards to consider. You can make the process easier and make sure your […]

Building a successful web development team that aligns with business objectives requires the whole team’s effort. Regardless of the resource abundance at your disposal, the individuals directly involved in the development process hold the power to either make or break the final software product. You must have a comprehensive understanding of their respective roles, skills, […]

Software audit is a crucial routine checkup process to ensure your software’s health, safety, and compliance. By the end of this article, you will own a comprehensive handbook, covering from the most basic to the most complex knowledge surrounding software audits, offering valuable insights, best practices, and expert guidance to optimize your software assets and […]

Behind every on-time, on-budget, and seamless software lies a solid and comprehensive software development plan. It’s the strategic roadmap that aligns resources, budget, and timelines, preventing potential project risks and assuring a smooth journey from concept to execution. In this article, we will help you create a software development plan from scratch, by digging into […]

Software Development Kits (SDKs) are the backbone of modern IT. Catering to CTOs and technical leaders, SDKs streamline and accelerate the software development cycle. In this guide, we explore the pivotal role SDKs play in IT. We’ll delve into their definition, components, benefits, best practices, and how to select the right one. Additionally, we peek […]

Demand for mobile banking app development is increasing because the fast pace of modern life makes them essential. Nowadays, any financial institution must understand how to create a mobile banking app. According to Statista, approximately 2.37 million people worldwide currently use online banking services, and this number is expected to continue growing. By embracing digital […]

In the dynamic world of software development, where innovation and progress reign supreme, the often-overlooked hero is software maintenance. It’s the unsung champion that ensures the longevity, reliability, and security of software applications once they’re deployed. In this article, LTS Group will delve into the vital realm of software maintenance, uncovering its importance, the various […]

In 2023, the tech landscape is evolving at warp speed, bringing forth game-changing technology trends across every corner of our lives. From transforming the way we shop online to revolutionizing the classroom experience, to redefining how we get from point A to point B – and that’s just the beginning.In this article, we’re diving into […]

As the demand for mobile apps grows, mobile app development companies need to build apps efficiently and on time to stay ahead of the competition. With mobile app development outsourcing, businesses can leverage additional resources from external specialized suppliers to accelerate the time-to-market and enhance their mobile app’s quality in a cost-efficient way. In this […]

Spanning the heart of APAC – the hottest region for IT services, Vietnam has emerged as a favorable destination for software development services with a vibrant IT labor force, competitive production costs and other favorable conditions. Are you looking for the top software development companies in Vietnam? This article will be helpful to you. Criteria […]

A well-developed software oozes with seamless team management, ongoing task progress tracking, and the like, thus, helping you to boost productivity and make needed business decisions in time. However, a majority of businesses haven’t got the broad picture of software development and its enormous benefits for organizations. Don’t despair! In the next 15 minutes, we […]

The software development strategy is part of the software strategy, which, in turn, aligns with the wider business strategy and goals. A well-structured software development strategy streamlines processes, ensuring efficiency, cost-effectiveness, adaptability, and quality outcomes. Utilizing LTS Group’s hands-on experience in software development and consulting industry experts, we compiled a guide to creating the most […]

Artificial intelligence, machine learning, deep learning, generative AI, etc. are all the terms dominating the world these days. As the impacted areas of AI are expanding massively, you may be curious: how to make an AI? In this article, we will guide you to the fundamentals of AI and a detailed guide on how to […]

Outdated interfaces, declining search visibility, and technological stagnation – all these challenges led you to a pivotal decision: redesigning your website. Yet, the question remains—how much does it cost to redesign a website? We genuinely recognize these challenges and acknowledge the uphill task of optimizing the cost to redesign a website. In this article, we […]

Product development strategy not only drives innovation and competitiveness but also fosters long-term sustainability and growth. It empowers organizations to respond to ever-changing market conditions, leverage emerging technologies, and maintain customer loyalty. Let’s check out how to draw up a winning product development strategy! What is Product Development Strategy? A product development strategy is a […]

Starting a new project can be as ambiguous as exploring a black box. However, a project specification will serve as a roadmap to dissipate the fog and guide the project team to implement and deliver the desired outcomes effectively. In this article, we will give you a comprehensive guide on how to write a project […]

Software delivery is the art of delivering value to customers quickly and safely. How you optimize the software delivery pipeline is a great question you should answer in any software development project. Let’s dive into software delivery models and best practices to streamline software delivery while ensuring the software’s quality! What is Software Delivery? Software […]

In the ever-evolving landscape of technology, innovation is the key to staying ahead of the curve. One such innovation that has revolutionized the way we interact with digital devices is haptic feedback. Haptic feedback, often referred to as simply “haptics,” is a technology that enables users to feel tactile sensations through their devices. This article […]

Web app vs website are distinct but confusing concepts. In the ever-evolving landscape of software development, the lines between website vs web app often blur. The definitions sometimes overlap and make it tough to choose between. So, in this article, let’s dig into the definition, types, pros and cons, and examples of websites and web […]

When it comes to creating a new website, one of the first decisions for web designers is choosing between static vs dynamic website. To make an informed decision, it’s essential to grasp the basic difference between these two approaches. In web design, static vs dynamic websites are distinguished by how they present content. A static […]

It is with great delight and profound honor that we proudly unveil LTS Group’s latest accolade: the distinguished recognition as one of Vietnam’s Top 10 ICT Companies in Digital Business Process Outsourcing by VINASA for the illustrious year of 2023! We cordially invite you to delve into our avant-garde technological advancements by visiting our official […]

Are you seeking a top agile offshore software development company but being overwhelmed by many choices? We understand the confusion that arises when faced with an enormous amount of data you get after looking around from this website to that research without a clear comparison and analysis. That’s why we created a list of the […]

In today’s business landscape, mobile apps have emerged as powerful tools to bridge the gap between businesses and consumers, enhancing engagement and amplifying brand presence. In this blog, we’ll explore various types of mobile apps with examples and furnish insights to help businesses choose the most fitting app type for their goals and audiences. Let’s […]

Amid economic uncertainties, Vietnam’s economy expanded by 8.0% in 2022, while the Information Telecommunication (ICT) sector experienced phenomenal growth of 8.8% compared to 2021. The origins of Vietnam technology traced back to the mid-1980s during the period of Đổi Mới reforms. Since then, Vietnam’s economy has made a shift from a centralized economy to a […]

Meet Loopsie, the super popular AI photo app that’s causing a sensation online. The coolest thing about it? The “Old School Anime” filter, which turns regular faces in pictures into fun comic-style or anime-like images. This article delves into the captivating world of Deforum AI Art Loopsie, exploring its viral impact, technological prowess, user-friendly functionality, […]

As IT companies are facing an economic recession on a global scale, leaning on external human resources to optimize costs is becoming one of the growing trends in the tech world. It turns out IT staff augmentation companies can give businesses an upper hand to stay competitive and thrive after the turmoil.  Undeniably, picking a […]

Are you wondering how much custom software development costs and what is the hourly rate of the software engineer contractor? Below, you’ll find a price guide and hourly rate comparison covering the most popular offshore software development locations. In this article, we will discuss offshore software development rates by country with comparison, selecting the right […]

Agile is a typical software development methodology in today’s software engineering besides the waterfall method. In this article, LTS Group will give you a detailed explanation of the agile software development life cycle (SDLC), popular agile software development methodologies, and why more and more businesses opt for the agile methodology.  What is Agile? Agile is […]

Having an Offshore Development Center take care of the IT details for you at a reasonable cost is fascinating, but business leaders still hesitate when deciding whether ODC is the solution for them. Business owners don’t often give Offshore Development Center the benefit of the doubt. Instead, every step, every challenge and every viable solution […]

Because of the cost savings and broad skill pool, IT outsourcing is commonly seen as a feasible strategy for businesses seeking to achieve digital transformation. But to efficiently apply IT outsourcing, you need to make one important decision whether you should choose Nearshore vs. Offshore Software Outsourcing. In this post, we will provide you with […]

The growing trend of offshore development has given birth to millions of offshore software development companies. Guessing that you may be confused about choosing among, we are here to help! As said in our Comprehensive guide on offshore software development, the most popular destinations for IT outsourcing services in 2023 are South and Southeast Asia, […]

IT project outsourcing is a proven solution for enterprises to achieve business growth, and enhance competitive advantage. It helps fuel your project by filling technology capabilities, expertise, and human resources gaps with a massive pool of highly-skilled IT talents. However, outsourcing software projects is not without risks. Choosing the wrong vendor, an unmatching model, or […]

Since the launch of the economic reform Đổi Mới in 1986, Vietnam has taken huge steps into global economic integration and an open business environment. As of 2021, Vietnam ranks 6th globally in software services and Global Services Location Index, according to 2021 report of Kearney, being among the most attractive destinations for IT outsourcing. […]

The early days of offshore software development began in 1996 when the US company General Electric opened its first IT center in India where production costs are much lower. Nearly 3 decades later, the offshore development market size has boomed to $122 billion in 2021 and 76% of Deloitte’s surveyed executives indicated that IT functions […]

Hi there! In our previous article on in-house software development vs. outsourcing, we gave you information to decide between the two approaches to software development.  And given that you choose to outsource, we will talk about 12 questions to ask before hiring a software development company, including questions to ask yourself and your potential software […]

The inception of IT Outsourcing began in the 1980s, became explosive during the COVID-19 pandemic, and is still evolving. According to Statista, the IT outsourcing industry is growing at a compound annual growth rate (CAGR) of 8.93% and will be worth a market volume of $551,956.3 million by 2026. The IT Outsourcing market in 2022 […]

SDLC, short for Software Development Life Cycle, is a very familiar process that many businesses are applying to their products. In the IT industry, SDLC helps tech engineers design, develop and test in a thorough and competent way. Since the application of SDLC in software products, many high-quality apps have been created and continuously improved, […]

Nowadays, not only start-ups but tech giants are facing many software development challenges. After 6 years of developing hundreds of software products, we can tell you that the most common issues in software development are not as clear and visible as broken code. Today, we will share with you top 5 challenges in software development […]

Nearshore Software Outsourcing is a new software outsourcing strategy that has been used in many firms, delivering several benefits and advantages to company executives. So, what exactly is offshore software development? What are the advantages of nearshoring outsourcing? Let’s answer these questions using LTS Group to see why you should use this development method. What […]