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The News God > Blog > Tech & Autos > How to Choose the Right Technology Stack for Your Business?
Tech & Autos

How to Choose the Right Technology Stack for Your Business?

Rose Tillerson Bankson
Last updated: June 29, 2023 6:46 am
Rose Tillerson Bankson - Editor
June 29, 2023
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8 Min Read
How to Choose the Right Technology Stack for Your Business?
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What is a Tech Stack?

In this digital age, a tech stack term has gained tremendous popularity in businesses. A tech stack refers to a set of technologies, programming languages, frameworks, and libraries used to build an application. A tech stack includes all the components used to create a mobile or web app. Sometimes it is called a solutions stack or a tech stack. It can be hard to grasp a tech stack, as so many things are involved. Therefore get in touch with tech experts like IT Support New Orleans who will assist you in choosing the right technology stack for your business.

It’s also important to know that you don’t have to use all the technologies in a tech stack. For example, you could have an application built with Java, Spring, Hibernate, MySQL, and ElasticSearch. We’ll go over how to choose the right technology for your business.

Why is Technology Stack Important?

A technology stack is essential because it provides the framework for how different technologies are integrated and how they work together to provide a solution. A technology stack can be defined as a comprehensive collection of technologies that are used to create a solution.

A technology stack plays a vital role in the development; it is any software application’s underlying infrastructure construction block. A tech stack is the umbrella term for the collection of technologies used to build a software application. It includes the underlying infrastructure, such as the operating system, database, middleware, and application programming interfaces that support the application’s functionality.

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Selecting the right tech stack is one of the most crucial decisions when constructing a software product. Having the right technology in place can make you come out of any challenge or difficulty that you confront your way. The right technology can help you save time, money, and effort. It can also help you improve your product’s overall quality.

You can use one or many tech stacks for your business. Each stack has its benefits and drawbacks. Here’s how to choose the right tech stack for your next project.

Criteria For Choosing The Right Technology Stack For Your Business

To narrow down the number of options, there are a few key factors to consider when choosing a tech stack.

1. Project Requirements

When it comes to software development, this is not quite the right approach. Before choosing the right technology stack for your business, you must understand your project’s size, complexity, and business goals.

Technology stack selection is integral to any business project, but it is not a one-time decision. You may face financial loss or poor app performance if you choose the technology stack without a thorough analysis and strategy. A technology stack without a well-planned strategy can be challenging to maintain and prone to breaking down. This can lead to decreased user engagement and a decrease in revenue.

Here are the essential things to analyze before choosing technologies:

  • A go-to-market strategy
  • A platform for building an app
  • Load requirements
  • Future scalability

Your project is unique. So, don’t be a copycat when deciding its technology stack by following someone’s strategy blindly.

2. The cost of development and maintenance

After highlighting your product business and tech requirements, it’s time to decide on costs and expenses.

You’ll need to know the new product or service’s total price before starting to work on the project. This is also an excellent time to understand how much it will cost to build and maintain your new product or service. You might want to estimate what you think it will cost to run your business and how much profit you expect to make on each sale. Your financial projections are also good, as they’ll help you plan for unexpected costs.

3. Scalability

Scalability is one of the most important factors in choosing the right technology for your business. Scaling is not only about technology. It is also about how fast you can change or modify features and bring new developers into your team.

Not every tech stack may have enough potential to scale sufficiently. You may either scale vertically by adding new features to your app or scale horizontally by adding more physical machines or processing units to your server. Vertical scaling is more likely to be successful as it allows you to increase the number of features your app can offer without increasing development time or complexity. On the other hand, horizontal scaling is more successful if you can find a scalable platform or processing unit that can handle the increased load.

4. Security

It is crucial to ensure that the app is built with the best practices of security and threat mitigation in mind. Not all technologies are equally secure so you need to carefully consider your choice before starting the development process.

There are a number of different technologies you can use to build your application, but the best option depends on the specific needs of your project.

5. Age of Technology

The Age of Technology refers to the period in which new technologies are developed and adopted. Pay attention to the version of the framework you are going to use. The general rules are the closer the framework version to 1.0, the more functionality designed by the original developer is implemented. However, if the framework version is not close to 1.0, the developer may have left some functionality incomplete or may have added new functionality.

Bottom Line

Unfortunately, there is no uniform effective technology stack. When choosing a technology stack for your project, you first need to rely on the requirements of your project. Sometimes, time-proven technologies may not be enough, because you need to get realistic and understand the pros and cons of each. Once you have a good understanding of the requirements of your project, you can start to look for possible technologies.

Post courtesy: Bridget Juelich, Sales & Marketing Manager at CommTech.

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