Why Every Enterprise Should Know About Node.JS Based Finance App Development? xyz.com

Large financial enterprises and institutions have a broad IT infrastructure base with applications fovering content, CRM, collaboration, ERP, SCM and portfolio management to mention a few. The apps are multi-user, multi-component and multi-machine types based on conventional enterprise grade platforms. Where does node.js stand in this environment and can it be used for finance app development is something worth knowing.

The downsides to Node.js

There are positives to node.js development but before that take a look at the limitations of node.js.

• js is single threaded which means that when there are queues of incoming requests these are put on hold resulting in degraded performance. Node.js does not leverage the power of multicore processors.
• Detractors of using js development for enterprise scale applications point out that it is asynchronous. There are callbacks inside of callbacks and code can become quite extended.
• Servers can crash since the business process and application server is not isolated and exceptions can cause crashes. More null pointer exceptions can show up.
• Distributed transaction and debugging support are minimal.
• Security is minimal, a critical matter for financial transactions.

It must be kept in mind that the above limitations apply in reference to mainframe enterprise grade applications. However, when one considers fast turnaround and next generation apps then, in that case, node.js app development could be ideal.

Node js for mobile apps for financial sector

Drawbacks can be advantages in specific situations. Mobile apps are purposed to deliver limited functionalities in keeping with trends. Node.js now comes into its own in such mobile applications for financial enterprises.

• Node js development is extremely rapid. This is a boon for financial enterprises that must always have an app available for specific purposes to satisfy and retain customers.
• It is scalable and it is free. This reduces cost of development, maintenance and support as well as upgrades from the node js app development service like smart sight innovations you retain for your enterprise.
• Since it is built on the Chrome V8 javascript engine, node js app development enables high end enterprise apps to be developed quickly and with ease. Node js development and apps based on node js are quite popular in the US.
• Expert node js app development services can come up with real time web apps.
• It synchronizes easily and speedily with JavaScript and serves client side and server side.
• When web socket protocol in TCP is implemented then node js can handle multi-user functions, reducing HTTP overloads.
• Node js app development commonly uses RESTful APIs to manage large chunks of data and these APIs are reusable. This means cost of development is low and speed to deployment is fast.
• There is an active community of contributors to the NPM registry and more are being added. This translates to node js developers being able to upgrade agile apps and introduce sophisticated functions.

Which type of apps benefit by use of node.js?

Node js is a tool and how and where it is used makes a difference.

• Node js app development is ideal when stability and security are of importance as is usual in the financial services sector.
• If you wish to modify apps all the time with the help of node js app development service provider then it is easy and speedy with this tool.
• When you have large chunks of data then you will find node.js a suitable option.

In comparison to other frameworks node.js development can be affordable and speedy. Mobile apps for financial enterprises can be modified and upgraded quickly and at a lower cost when the apps incorporate node.js. How well node js based apps perform depends on the developer and how such developers leverage the plus points of this platform for best usability.