Disclaimer: This is a user generated content for MyStory, a YourStory initiative to enable its community to contribute and have their voices heard. The views and writings here reflect that of the author and not of YourStory.

    Decoding the fast-growing business app development industry

    By Symphony Solution Inc|9th Apr 2018
    With high-end technology becoming cheaper and more accessible more developers can experiment and provide newer, faster solutions to enterprise pain areas.
    Clap Icon0 claps
    • +0
      Clap Icon
    Share on
    close
    Clap Icon0 claps
    • +0
      Clap Icon
    Share on
    close
    Share on
    close
    image

    As companies and business owners adapt to the digital age, some of biggest corporations have been benefited from new-age Business Applications. What was a small industry a few years ago facing multiple problems, is now growing at a healthy CAGR of 7.4% and projected to cross $200 billion by 2022.

    With the introduction of Artificial Intelligence and Big Data, mobile app developers are paving a way for smarter apps with better efficiency. Judging the performance of B2B or B2E mobile applications is often a difficult task for Business Owners. But, there are certain factors that every successful business apps development has in common.

    Addressing key pain areas

    Ultimate goal of any Business application is to solve a key pain area of the enterprise. Customer Relationship Management (CRM), Business Intelligence (BI), Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) are some of the major areas that business applications readily available in the market. 

    image

    Each one of these tasks is tackled more efficiently through mobile technology. Mobile App developers are finally understanding the key pain areas and building applications that vastly improve pain areas such as HR, client and project management.

    Productivity and workflow

    By adopting mobility solution, businesses aim to streamline workflow and processes. Working smart instead of working hard — is the motto that business managers want the employees to live by.

    image

    As shown in the chart above, according to research done by Comptia, business applications built to improve productivity and workflow have a massive impact on the enterprise. Developers are building mobile applications that help the employees to complete their work quickly, conveniently and independently.

    Cutting-edge tech to cut down dirty work

    Using AI and Machine Learning developers have taken a primarily B2C technology to a B2B industry. Web and mobile Chatbot such as Drift has helped many businesses elevate the customer support and cut down misinformation. Business mobile development has thus entered a phase where human error can be nullified to a very minimal impact. Amazon’s Alexa integration in their Prime Music mobile application is another great example of introducing disruptive tech into a mobile application.

    It’s clear that these factors are the biggest driving force behind the growing business app development industry. With high-end technology becoming cheaper and more accessible more developers can experiment and provide newer, faster solutions to enterprise pain areas.

    Get access to select LIVE keynotes and exhibits at TechSparks 2020. In the 11th edition of TechSparks, we bring you best from the startup world to help you scale & succeed. Join now! #TechSparksFromHome

    Clap Icon0 Shares
    • +0
      Clap Icon
    Share on
    close
    Clap Icon0 Shares
    • +0
      Clap Icon
    Share on
    close
    Share on
    close