The Importance of ROI for Software

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Calculating Return On Investment (ROI) provides insights into how well a product or service is doing. Was the investment made into building the product or service worth it? The same question applies to software deployment. When a business decides to buy into software development, it is not creating an expense but rather making an investment. 

Building any software, such as a mobile application, includes a financial investment. Software ROI is a metric that measures the benefits generated from a software development project or implementation against the costs incurred. It’s important to track because it can help make decisions on whether to continue, pause, or scrap a project and demonstrates the success or lack thereof to stakeholders. Businesses should be aware of many factors that affect software ROI, such as user training, support, user adoption, and more, to maximize returns.

However, as important as calculating ROI is, traditional ROI calculation methods and factors are not the most favorable for companies who want to track the performance of their software in creating brand awareness and keeping up with the market competition. This is more so because of the lack of flexibility offered by ROI calculations.

Hence, here’s what to know about the importance of ROI for Software, how effectively measuring it can provide a holistic view of a company’s technology investments, and how the traditional methods of ROI calculations lack, which makes its assessment of a software’s performance fairly limited.

What is Software ROI?

Return on Investment is simply a measure of the profitability of an investment. In other words, ROI indicates how well something is performing.

For custom software, calculating ROI includes factors such as calculating the return on the purchase and the initial cost of investment. Custom software development is done for various reasons: gaining a competitive edge in a specific industry, improving operations, increasing scalability and reach, etc. The aim is to generate revenue that balances the costs invested in the project of building the application.

ROI software does just that – it lets you know how profitable the project currently is or will be in the future. The average number of software applications used at enterprise companies is an impressive 288. Measuring the impact and usefulness of these implementations is crucial for making informed business decisions.  

However, as crucial as it has become for businesses to digitally transform their operations, the benefits of doing so are usually not immediate. The performance of the software is tracked through various methods for a while after deployment to truly gauge its impact on operations. The biggest and perhaps the most important advantage of digital transformation of any kind is increased customer satisfaction. In more ways than one, a business invests in the creation and deployment of software to increase its brand value. Factors like these are not considered when calculating ROI, which limits the effectiveness of ROI in determining the actual value of your software.

Benefits of Calculating ROI for Software

Calculating ROI is still vital to have some idea of the performance of the software. Generally, calculating ROI helps decide the future direction of a business. For software development particularly, calculating ROI is useful for these reasons:

  • It helps justify or explain the investment in the development project to stakeholders with tangible numbers and results.
  • It helps realize the direction and scope of the development projects, including what improvements can be made.
  • It helps realize when the project is more of a loss or a dead end for you and whether the project should be abandoned or paused for the time being.

While the pressure to create a digital footprint steadily increases, the economic conditions of both the local and global markets can be an important factor in deciding how much to invest in digital transformation and when. A report by Blissfully found that the average company wastes $135,000 yearly on software applications they don’t need or use. 

Calculating the ROI achieves significant oversight of the project, and its effects on the business’s profitability, thereby helping companies make the right investment.

How is ROI for Software Measured?

Calculating ROI for software includes two major parameters: the gain from the investment and its cost. However, this is not entirely accurate because technology integration in a business runs deep. It affects nearly every aspect of an organization, from efficiency to business relationships. For this reason, traditional methods and factors used for calculating software ROI are making way for calculations that allow for more nuance. For startups, the focus is less on profits and more on growth in terms of building a loyal customer base. Customer satisfaction is an important factor for consideration for growing companies.

Nevertheless, creating an ROI calculation report is necessary. For the best estimation, creating two ROI calculation reports helps to understand the business’ ROI range: one ROI calculation report for the lowest amount of ROI that could be generated and one report for the highest possible ROI that can be reasonably expected.

Software ROI Can Be Improved

There are numerous ways to increase a low or struggling ROI, especially with the correct implementation of software. The following are some ways to do this:

  • Develop a training program for the end-users to teach them how to make the most out of a new software tool.
  • Create an onboarding plan for a smooth digital adoption.
  • Plan for on-demand user support as the users learn to navigate the new system and how it impacts their day-to-day tasks.

Most importantly, change how you look at the spending – it’s an investment, not an expense. There’s increasing pressure to keep up with the fast-paced nature of our digital world, and digitizing your company’s process is a smart decision. Therefore, it’s wise to invest more time and resources in improving software ROI rather than giving up on it entirely. 

The Common Negligence of ROI Software

Creating parameters for technology spending has been an ambiguous and somewhat neglected area until very recently. As increasingly more companies undergo digital transformation, understanding the impact of technology on a company’s business model – the good and the bad – will become urgent. The scope of the application economy is being realized, and its impact on individual companies and businesses can be determined through software ROI.

Technology has always been a risky investment – it’s important to remember that and not get caught up in the hype of the newest digitalization trend. Do your research, calculate the risks, and decide whether certain software development or implementation is right for your business. After all, it’s your responsibility to safeguard your company’s future.

If you’re interested in building exceptional experiences, then connect live with our chat feature. We help you build exceptional experiences through custom application software that guarantees maximum returns on your investment.[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]

 

[/vc_column_text][/vc_column][/vc_row]

Working With a Developer Is Better Than DIY

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Big businesses understand the power of application software. According to McKinsey research, an impressive 70 percent of top economic performers, that’s almost three out of four companies, have harnessed their own proprietary software applications in order to stand apart from their peers and stay ahead. In today’s modern business climate, it is critical for organizations to not only understand but embrace this strategic approach. Failure to do so could spell disaster.

 

However, when it comes to creating a successful app, the road to application development can be a minefield of different challenges. One key aspect of this is selecting the right method for developing your application – Do-It-Yourself (DIY) or hiring an experienced developer. On paper, DIY may appear more cost-effective, but working with an experienced professional is often the better option for businesses in terms of the resources invested and outcomes expected. There is no wonder why mobile app developer jobs are on the rise.

Whether you’re looking to jumpstart innovation or create efficiencies internally, we’ll discuss how partnering with a developer can help bring success and results to all facets of application development.

Why Opt for a Developer over a DIY Approach

Businesses often get drawn to new technologies, and one popular way of capitalizing on this is by creating their own custom application with a DIY platform (such as Jotform Apps, Zoho Creator, Appy Pie, Bubble, etc.). While these solutions may seem convenient and cost-effective at first glance, they can be inflexible for making modifications or adding features that go beyond the out-of-the-box templates. This can leave you stuck in terms of advanced customization capabilities.

Instead of struggling through complicated instructions and debugging on your own, hiring an app developer is often much quicker and far less costly in the long run. Here is how developers can maximize returns while offering reduced operational costs.

Advanced Expertise 

App developers possess the knowledge and experience to craft top-notch apps that adhere to all industry regulations. With their specialized skill set, they are an invaluable resource for creating functional applications designed with users in mind.

When building an application, there are countless details that need attention, from aesthetic design elements like typography and colors to backend code like Ruby and PHP. Having an expert on hand ensures that no detail gets overlooked. Developers also have years of experience dealing with different technologies and platforms. They know which tools are best suited for specific tasks, such as setting up analytics or creating custom forms, and they can suggest solutions that may never have crossed your mind.  

Better User Experience and Design

When you hire a developer, you can rest assured that your end product will look and feel professional. Developers understand how users interact with apps, so they are able to create user-centered designs that are intuitive and visually appealing. DIYers often don’t have this kind of expertise, leading to clumsy designs with confusing navigation or poor graphics. 

In addition,  cross-platform mobile app developers understand the importance of responsiveness across different platforms, meaning they will create apps that work well on all devices, including tablets and phones, without compromising on design or functionality. This is essential for ensuring a good user experience across all platforms.  

Personalized Development

A good developer will work with you closely to understand your needs and vision for the app, ensuring that it meets your expectations. A professional developer has the experience and expertise to develop custom applications that meet your specific needs.

Working with a developer means you will have access to custom-built apps rather than relying on templates that have been optimized in-house. Templates used in the DIY approach are designed for general use, so they offer less flexibility than personalized apps do when it comes to specific needs for your business. A custom-built app takes into account your unique goals and requirements, which means that users will experience smoother performance and increased efficiency throughout every step of their journey within the app itself.  

Furthermore, having a customized app allows you to make changes quickly and easily if needed while also giving you complete control over user data privacy settings, something that isn’t possible when using templates or existing software solutions. The efficiency of application development can further be augmented by implementing an agile technique as opposed to the ‘waterfall’ alternative usually deployed in the DIY approach. 

Time Savings

Time is one of the most valuable resources available to you, so why waste it trying to do something you may not even be familiar with? 

By hiring a developer, you can take advantage of the dedicated resources at their disposal that are unavailable to non-developers. There’s no need to try wrapping your heads around setting up a database or troubleshooting an issue, as developers can solve it much faster. This can save you valuable time and energy, which can be redirected to pressing business matters.

Security and Performance 

Application security is of utmost importance for ensuring the optimal protection and performance of your app. Developers understand the importance of keeping up-to-date with the latest security protocols and best practices in order to safeguard your app from cyberattacks like malware injection or data breaches. These professionals implement security measures such as user authentication and security testing whenever feasible while fully understanding their capabilities and limitations. Additionally, by leveraging the power of secure coding, developers can create applications that are less likely to be targeted by malicious attackers. 

With DIY apps, these tasks can be difficult for non-developers who don’t have the same level of expertise related to coding languages or security measures. . Your non-technical, in-house team may not always be familiar with the most reliable protocols and practices. This can leave your business vulnerable to cyber threats which may compromise your data or cause irreparable damage to your business.

Making the Right Choice

Developing an app can be a complex process, but working with a professional developer will ensure that everything goes smoothly. A developer will also help you stay organized and on track throughout the development process while avoiding costly mistakes and headaches down the road. In the end, you’ll have an app that not only looks great but functions flawlessly as well. 

All in all, working with an experienced developer is often the better choice than attempting a DIY approach when creating an app for your business. Not only does this save time and money, but it also allows for more flexibility and customization than using pre-made templates or existing software solutions would provide. Plus, developers have insight into best practices that ensures smooth performance across all levels of user interaction with your app, making working with one definitely worth considering.

[/vc_column_text][/vc_column][/vc_row]

 

 

5 Security Best Practices for Mobile App Development

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]While innovation and exceptional building experiences are the cruces of mobile app development, security should also be a main priority. The vulnerabilities of apps, such as the leaking of log-in credentials and damage caused by threat actors, have been well documented, showing that security still has a long way to go. 

CTOs seeking improved app development approaches and returns should focus more on compliance, data security, encryption, and other key security elements that optimize mobile app performance. Here are five best practices for mobile app security to consider, spanning multiple industries. 

 

Security Best Practices for Mobile App Development

 

A mobile app security application needs to be fully compliant for optimal functionality and to facilitate widespread adoption. A failure to fulfill compliance standards leads to data breaches triggering devastating financial losses and lost business opportunities. Plus, customers won’t use an app if it’s not compliant, with 84% of people factoring in security when deciding to install an app. 

In the financial services industry, PCI DSS compliance is crucial when developing mobile apps. This includes the securing of stored cardholder data, encryption, and key management. Cardholder data should not be stored until it’s fully necessary to meet business objectives, while sensitive authentication data should not be stored after authorization, even after being encrypted. 

Additionally, financial services apps should be compliant with SOC and SOC 2, setting up mobile apps equipped with a basic app monitoring system, centralized logging from a secure spot, and the identity of vulnerabilities. 

Alternatively, there is the important matter of achieving HIPAA compliance for healthcare apps, including for telemedicine apps to provide fool-proof patient security and condition-based apps preserving key medical information. HIPAA-compliant mobile apps like mobile scanning apps should adhere to confidentiality standards and the avoidance of fraud or discrimination, effectively preserving patient health information (PHI)

Source Code Encryption 

Because the code in many mobile apps, particularly native apps, is based on the client side, malware can easily track any source code and design vulnerabilities. For enhanced mobile app security, developers can include detection tools and ensure apps are robust enough to combat reverse engineering and prevent tampering. Encrypting source code makes it unreadable to cybercriminals and helps defend mobile apps against infiltration, while making your apps work harder for you.

High-Level Authentication

 

Security breaches typically occur due to a lack of high-level authentication practices. Standard password approval simply isn’t good enough in a digital world where hackers are becoming increasingly savvy when stealing information. 

As a result, developers should focus on improving mobile app security applications by creating apps that make use of strong alphanumeric passwords, two-factor authentication, or biometrics. Alternatively, businesses can mandate that clients and end-users change passwords frequently to keep potential attackers guessing. 

For highly sensitive apps, such as healthcare apps and financial apps that deal with a customer’s sensitive information, developers should explore passwordless solutions like biometric authentication, which require retina or fingerprint recognition to validate identity. 

Improving Backend Security 

Another major aspect of mobile app security is protecting the backend. For apps with client-server mechanisms, having security measures to safeguard against attacks on backend servers is vital to ensure premium functionality. 

A lot of developers make misleading assumptions that only an app that’s programmed to access application programming interfaces (APIs) can access the backend. Instead, developers should verify both the APIs and the individuals who access the servers. By doing so, you can secure the client-to-server data transfer.

Minimizing The Storage of Sensitive Data

Many developers prefer storing sensitive data in a device’s local memory. However, storing sensitive data for long periods increases security risks such as accidental deletion or unauthorized access. If developers have no choice but to do so, it’s best advised to use key chains or encrypted data containers that protect sensitive data against accidental or unauthorized access.

Security is one of the most important and difficult aspects, especially for apps–they’re literally in our pockets at all times. Mobile app development, therefore, needs to be at the forefront of security, not something to be tacked on as an afterthought. So, build exceptional experiences not just through great design and functionality but by building trust in the security of the apps you’re developing.

 

 

[/vc_column_text][/vc_column][/vc_row]

Mobile retargeting could boost engagement 100x

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Retargeting a consumer that’s previously interacted with a brand via mobile is more than 10x more likely to result in an order or positive engagement, finds research from Upstream.

If mobile app retargeting happens on the same day as the consumer initially engaged with the brand, that improvement is almost 100x greater.

So… What is mobile app retargeting?

Mobile retargeting, or mobile app retargeting, means showing relevant content and promotions to people who have previously engaged with your website or app. These ads drive users to a specific page of the application and if Implemented as a part of your marketing strategy, can help in maximizing the returns from potential and current customers while also increasing your brand awareness.

How Mobile Retargeting Works?

Mobile retargeting is based on app deep linking technology. Deep links are the links that directly lead a user to a page on an app on their phone when they click on it.

For mobile retargeting to work, the deep link should lead the user to a relevant section of the app, and not always the home screen. An example of a deep link would be someone’s Instagram profile link on Facebook. When you tap on the profile link, Instagram automatically opens on your phone, and instead of the home page, it takes you to the profile of the person you click. That is a deep link. Learn more about the deep link technology here.

Some best practices for mobile app retargeting

  1. Define your goal

Start by clearly defining the goals of what you want to do with your advertisements. Some popular goals are

  • Increase brand awareness
  • Improve app engagement
  • Increase conversions and ROI (make a sale/download)

Your audience and the type of advertisements you do vary depending on your goal of creating an ad.

  1. Don’t annoy customers with your retargeting

According to a study by emarketer, 77.4% of US customers report that seeing too many ads from the same retailer annoys them.

While retargeting, you should use both frequency and recency capping:

Frequency capping means limiting the number of times a banner or message is shown to a user in a specific period of time and Recency capping is the amount of time between specific ads shown to a user.

Frequency capping controls the number of times an ad is shown during a period of time, while recency capping controls setting a minimum time between two instances of an ad on a user’s screen. For best results, you should use frequency and recency capping together.

  1. Personalize your messaging

Personalization means creating something to meet someone’s individual requirements. It is the key to every type of advertisement, including mobile retargeting. As personalization involves tailoring your ads for a single person, it provides you with the highest level of relevancy.

In conclusion, there are various mobile app retargeting strategies and options available. Whichever you use, always remember what you want to do with the campaign, select and segment your audience in a proper way, personalize the ads, and don’t irritate people with too many of them. To design your custom mobile app and improve your brand retargeting, Contact us today! [/vc_column_text][/vc_column][/vc_row]

Mobile Innovations in Healthcare

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Over 80% of the world’s population now own smartphones and it only makes sense those mobile phones continue to play a more integral role in our daily lives from shopping online to tracking our health and everything in between. The pandemic has certainly expedited the use case for telehealth solutions across all major areas as patients and doctors alike looked for ways to safely mitigate Covid 19 concerns while continuing to provide quality healthcare solutions and services.  

According to a 2021 study by Insider Intelligence, the trend of consumers using their phones for Telehealth services only stands to grow in the coming months and years and this spans multiple generations and age groups as technical capabilities continue to grow. The study shows that while the largest intentional users of Telehealth services are Millennials aged 25-40, every major age category showed that the majority of those polled are planning to use or continue to use these services moving forward.  

Telehealth, or mHealth, is showing exponential growth and innovation across a wide variety of use cases. Whether it is apps that help to track and monitor health functions, the ability to access mental health services via your mobile phone, medical students leveraging AR (Augmented Reality) and VR (Virtual Reality) technologies to develop essential skills or physicians looking to level the playing field and create health equity by providing healthcare virtually, mobile apps and telehealth solutions are completely disrupting the Healthcare industry.  

 

Improving Doctor Patient Relationships 

Perhaps the biggest influence of mobile technology within the healthcare industry is the relationship between doctors and patients and the overall improvements that will come with the introduction of technology in the field. Historically, patient care consisted of making an appointment with healthcare providers whenever a health issue arose, requests for prescription refills or for a yearly physical examination and doctors were dependent on information provided by patients to diagnose and provide appropriate care. Innovations in mobile technology have given rise to improved experiences in these areas for both patients and physicians.  

From the simple convenience of using a mobile phone to book an appointment with your healthcare provider to providing primary healthcare professionals with a 360-degree view of a patient, mobile technology is changing the game for the healthcare industry.  

Mobile apps are now being used to connect doctors and patients more holistically with the click of a button. Patients can use simple logistics functions like appointment scheduling, referrals requests and prescription refill requests but more than this, they are helping doctors have a more holistic view of their patients by providing healthcare tracking information like sleep monitoring, heart rate monitoring and prescription medication monitoring through wearables and mobile apps. Doctors are no longer reliant on just patient provided data but can now layer this with health data points provided by wearables and monitoring apps that provide deeper over time data points.  

Medical compliance is another area that has seen great improvements as a direct result of mobile technology innovations. Post-surgery or outpatient procedure patients can now benefit from mobile apps that provide patients with reminders to take medication, change dressings and even provide monitoring of primary diagnostic data points like blood pressure, heart rate and even respiratory rates. This allows doctors to provide better care overall and it gives them the ability to track and monitor potential warning signs allowing them to provide early intervention care and preventative care. Portable monitors that provide essential health data to healthcare practitioners also means that patients can convalesce at home where they are more comfortable, and this also has the added benefit of reducing healthcare costs overall.  

 

Wearables and Mobile Healthcare Tracking 

Doctors are not the only ones benefitting from mobile app health or mHealth industry innovations. Patient lead healthcare is changing the game for patients taking more control of their healthcare through everyday tracking and monitoring. Wearables, fitness trackers, nutrition trackers, sleep trackers, period trackers and even pregnancy trackers are giving patients more control over their health and making patients an integral part of their healthcare overall.  

A recent report by Deloitte Global predicts that “320 million consumer health and wellness wearable devices will ship worldwide in 2022. By 2024, that figure will likely reach nearly 440 million units as new offerings hit the market and more health care providers become comfortable with using them.”  As this industry continues to grow, we will see a wide variety of companies further investing in research and development in building out new and innovative wearable and tracking platforms that deliver the personal healthcare information that consumers are seeking. 

 

Improved Health Equity Through mHealth  

For those that live in remote areas or those who live in underserved Healthcare regions, mobile technology innovations means that doctors can “meet with patients” remotely while still being able to provide holistic healthcare which has a significant impact on health equity overall. High speed internet along with virtual monitoring and tracking technology means that doctors can provide healthcare where it is needed without ever leaving their office. This also allows primary care physicians in remote or underserved areas to connect patients with referrals to specialists remotely to ensure that quality of care is not limited to large urban centers.  

Many of these virtual solutions also come with a lower price tag and a lower barrier of entry which means patients with a lower income threshold or limited access to a primary healthcare provider can now access these services without worrying about traditionally debilitating healthcare costs.  

 

Mobile Apps and the Mental Healthcare Industry 

The mental health industry has also seen vast improvements from the introduction of mobile technology in the field. A recent survey from Stats Canada on COVID-19 and Mental Health indicates that “one in four (25%) Canadians aged 18 and older screened positive for symptoms of depression, anxiety, or posttraumatic stress disorder (PTSD) in the spring of 2021, up from one in five (21%) in fall 2020.”  As a direct result, there has been a huge uptick in people seeking mental health services in the market.  

The AppLabb worked with a client recently who was looking to create a robust digital platform to match students in need of mental health services with students studying to be mental health counselors — all while maintaining privacy and upholding the highest standard of care. This app allows students and student counselors with the ability to connect via a matching algorithm based on their needs and the ability to access omni-channel counseling services. The app provides mental health counseling as well as providing student counselors with the ability to offer counseling under the close supervision of faculty and advisors. Faculty supervisors are able to track notes and provide feedback without interrupting the counseling session with an in-app notetaking and progress recording feature.  

 

Augmented Reality & Virtual Reality Integrations  

Another key area that has significantly impacted the healthcare industry is the integration of Augmented Reality and Virtual Reality technology. A recent article from Medical Futurist outlines some of the ways that these technologies are creating exciting opportunities within the healthcare industry. 

Nurses are leveraging augmented reality in finding veins for injections and drawing blood thanks to an innovative new app from Healthtech startup AccuVein. With a 40% miss rate for intravenous injections (even higher for children and the elderly), this stands to make vast improvements in patient care by giving nurses and frontline healthcare workers the ability to “visualize” the veins in patients and drastically reducing the miss rate.  

Augmented reality is also quickly becoming an integral member of the operating team alongside surgeons. Sync AR has developed software that gives surgeons x-ray vision by fusing digitally enhanced images directly into the microscopes of a surgical device and allows them to better visualize human anatomy prior to and during procedures which has the potential to significantly impact outcomes by making it easier for surgeons to perform complex surgeries and proper assessment and diagnosis.  

Microsoft’s HoloLens Headset is revolutionizing the way medical students are learning by providing a completely virtual view of the human body and they can “visualize” everything from muscles throughout the body to the smallest veins using a dynamic holographic model. This technology leverages what they are calling “mixed reality” (a blend of both AR and VR) and uses multiple sensors, advanced optics, and holographic processing to create an innovative learning environment.  

This is exciting news for multidisciplinary care teams from specialized physicians to primary care personnel as they are now able to collaborate remotely and conduct virtual patient consultations which is good news for patients who then see a reduction in the time to treatment and an acceleration in their diagnosis.  

HoloLens technology is not limited to just the Healthcare field, there are also using this innovative technology in the Manufacturing, Engineering & Contruction and Education industries as well to accelerate the speed of projects, reduce downtime and improve overall experiences across the board. 

 

Zombies and Fitness Motivation 

AR and VR is also finding its way into helping people get and stay fit through fun motivational apps like Zombie, Run! The app motivates runners to achieve fitness goals by using audio and GPS to create missions that users participate in. Throughout your walk, jog or run, users are presented opportunities to collect supplies, and interact with location-based prompts that mimic interval training and sprint training. This gamification of fitness is a fast-growing industry and Zombies, Run! has well over a million active users.  

 

Telehealth Is Here to Stay 

While being chased by Zombies may not be the motivation that everyone is looking for, Telehealth and mHealth solutions are creating more equity, more autonomy and more holistic healthcare across all major industry touchpoints. While the pandemic may have escalated the need for telehealth and mHealth solutions, the rapid adoption and growth rate of users across all use cases shows that this technology is here to stay.  

 

We would love to talk to you about your healthcare project or innovative ideas and work with you to make your ideas a reality. Work with one of Toronto’s leading Mobile App and Application Development companies and we will help you achieve your goals. 

Contact us today! [/vc_column_text][/vc_column][/vc_row]

The True Cost of Developing Your App In-House

The true cost of developing your app in house feature image

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]To you, your app isn’t just an app. It’s your idea, your brainchild that will change the game for you, your business and your customers. 

It’s only natural to want to build your app in-house. After all, who’s better acquainted with your business and your industry than your in-house team? You may believe your team will take the most pride and sense of ownership in taking on your project, as they have a vested interest in its success. You may believe that building your app in-house will give you greater oversight and insight into its development. 

These assumptions may not be so accurate. Many reservations you have around your ability to control your project may be immaterial in the context of modern project management. 

When paired with the substantial direct and indirect costs of assembling and managing an internal team, these factors may shift the scales as you weigh the benefits of an in-house team against the benefits of partner app development company in Toronto

You don’t know what you don’t know

Bringing your app to life takes a team of specialists who—in an ideal scenario—will work alongside the general practitioners who run your company daily. It can be easy to overestimate the capabilities of your team to extend their talents to adjacent, yet distinctly different areas.

Choose a developer vs in house

While you may have a talented team of developers at your disposal, they may not be equipped to fully round out your app for maximum usability. Even a team of excellent developers will need the input of privacy, security and accessibility experts. Keep in mind each of these specialties functions differently in different app environments—security protocols for a web-based application have a different structure than a SaaS application, for instance.

Your internal design team may have created stellar branding and collateral, but they aren’t experts in UX and UI. These niche skills are crucial in making your app as smooth and user-friendly as possible, which requires an entire world of skills and best practices like journey mapping, usability testing, beta-testing your app, and more.

Without external input, your app may suffer from an echo chamber effect.

Your in-house team may have a deep understanding of what your app should be, but they may fail to envision everything your app could be. They don’t live each day in the world of app development, and may not anticipate emerging trends that impact the success of your app in the world.

They may not be capable of building your app for the future, instead of just for the now. 

The cost of deepening your bench

Perhaps you’ve considered hiring these experts to round out your internal project team. This approach comes with several logistical challenges that are detrimental to the ROI of your project. 

Obviously, new employees will increase payroll costs in salaries and benefits. Hiring new employees will affect the timeline of your project, because they will need time to onboard with your company and understand what you do, how you do it, and why it’s important.

Then there are the managerial costs of incorporating new talent into your existing protocols and overseeing those new employees and ensuring that they are engaged and using their talents on an on-going basis. 

More importantly, hiring niche specialists full-time may not be practical. 

Your company’s hiring targets are matched with ongoing demand for a skillset that will keep your business running or solve a recurring business need. Projects of this nature tend to be short-term, therefore hiring technicians long-term may be counterintuitive to the broader recruitment strategy.  

For example, imagine you have a plumbing issue at your office. Though you may call upon a plumber on multiple occasions, you won’t need a plumber so frequently that you hire one full time, or even keep a plumber on a retainer. 

That’s because you need a specific set of skills to solve a specific problem within a timely fashion. 

  • You’ll look for recommendations for a plumber, and they’ll bring the skills to solve your problem—a wealth of expertise and niche experience in the realm of plumbing. The plumber will diagnose your problem and quote the price of a solution. 
  • They’ll complete the work. You’ll pay them for the work. They’ll only charge you for the work they did. Your problem is solved by a trusted professional.

Many companies simply assume it’s better to expand the skillsets in-house, but they can’t say exactly why. If you go this route, make sure you establish a clear understanding of what exactly you stand to gain by hiring full-time employees in-house, rather than working with a vendor partner who specializes in these types of skills.

Development companies, the inside outsiders

With the right app development partner, you’ll get the expertise you need while minimizing the costs of that expertise outside the completion of your app project. 

  • You won’t have to train your vendor team. All they need to understand is the scope of your project and its KPIs. 
  • You’ll lower the managerial burden of your project. An app development partner can focus totally on your project, unencumbered by the day-to-day operations of your company. 
  • You won’t pay for specialists you aren’t using. An app development partner can rotate specialists into your project when needed and rotate them out when they’ve finished.
  • You’ll cut costs. A development partner can help determine the most economical approach to building your app.
  • You’ll benefit from top-shelf industry knowledge and experience that will expand your ideas about what your app could be. Your partner will help you establish the scope of your project, define your Minimum Viable Product, home in on meaningful KPIs and provide post-launch support.

Your app development partner will know how to leverage the expertise of your internal team, as well. As you know, no one knows your business like your team. A development partner will work to understand your business as thoroughly as possible to produce an outstanding result. 

The last thing you want is a partnership that amounts to mere order-taking. A true partnership is collaborative. It thrives on trust, communication, determination. By the end of the project, you should feel like your vendor is part of your in-house team. 

At TheAppLabb, we help clients bring their ideas into reality. That’s why we’ve been named one of the top developers in Canada for three years in a row. Our goal isn’t just to build and deliver a stellar app, but to accelerate the growth of your business and empower your in-house team. [/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default”][vc_column_text]TheAppLabb is a leader in the strategy, design and development of mobile apps. We work with global brands across a number of industries to create innovative and user centric business solutions and app experiences. Have an idea? Tell us about it.[/vc_column_text][/vc_column][/vc_row]

How to Make Your Mobile App Work Harder for You

Make your mobile app work harder for you

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Remember the last time someone asked you about your mobile app? What was your first thought? Perhaps you thought about the fact that you hadn’t thought about your app since the last time someone asked you about it. Perhaps you couldn’t even think of which person or department was responsible for the app. Or maybe you thought about how you have been thinking for quite some time that your company really should do something about the app.

Where do you go from here? Should you throw in the towel and start over? Or is there a way to take your existing app and breathe new life into it to make it a meaningful part of your revenue generation strategy moving forward?

Whether your app’s been out for a while with no recent updates or improvements, has loads of users but is not generating revenue or regular activity, or has been steadily declining in the app store accompanied by more and more poor reviews, ongoing maintenance and incremental improvements are key to seeing improved acquisition and retention numbers, a higher ranking in the app store, and having your app play an important role in generating revenue for your business. 

In this blog, we’ll be talking about the three key results you can influence and improve by investing more time, energy (and dollars) into your mobile app – surpassing your competitors, delighting your customers, and increasing your bottom line.

Why improve your mobile app

There are a lot of reasons you might want to improve your mobile app

  • You’re not seeing the retention you expected
  • You’re getting bad reviews on the app store
  • Your competitors are launching exciting new features and your app just can’t keep up

Regardless of how recently you launched your app, or how large its feature set might be, there’s always an opportunity to make things better and delight your users.

The nice thing about digital products is that they aren’t static and can be updated or improved over time. No matter how many features you planned in your initial scope, you (or your users) are going to be asking for more in short order. Deliberately planning maintenance and updates offers you the opportunity to measure, look at KPIs, add new features and technology as it becomes available, and improve functionality based on user feedback – all leading to an impact on the bottom line.

By planning for the future and defining success from the start, you can go beyond paying down technical debt, look at the essentials of app degradation, fix what’s existing, and make enhancements to improve user experience and hit overall business goals.

Improve what you have, or start from scratch?

Sometimes it’s tempting to start from scratch. But don’t let this distract you from the critical work that needs to be done. You’ll need to take a high-level, strategic view of your app and where you want it to go.

There are three main pitfalls you can fall into when considering the different ways to improve your app. 

  1. Do nothing. If you take this route, your app will only get worse. Reviews will plummet as the technology degrades. This can also happen by accident when you get stuck in a decision loop of whether to refactor the existing app or rewrite it from scratch.
  2. Replace it completely. There are many inherent risks to this, including the large upfront investment, finding the right partner, and building new to wind up with the same outcome. 
  3. Incremental enhancements. You can work to make small improvements over time. This is of course a positive for general maintenance, but if you focus on only on-fire features or problems, you’ll miss the opportunity for a strategic investment in your platform as part of a larger plan.

We always advise our clients to take the future into account when they embark on a new app project. But we quite often meet new clients who have an existing app and are struggling to improve it on their own. When this happens, we walk them through the decision-making process of whether to build upon their existing platform or start from scratch. Either way, we rely on the app’s existing success and barriers to success, as well as user reviews and technical advancement, to determine the right path forward. 

Whether you decide to simply improve your app or build a whole new one, you’ll want to aim for these key outcomes to influence your features and improvements.

Catch up to or surpass competitors

Since you and your mobile app development company developed your app, there have likely been considerable improvements in technology. With over 100,000 apps launched in the Google Play Store every month, you can bet competitors are coming out with new, show-stopping features or apps.

Incorporating emerging technologies like virtual or augmented reality can create opportunities to engage with customers in ways you’ve never been able to before. As we’ve seen through the pandemic, it’s also opened up the doors to apps that customers are dying to see, like virtually trying on shoes through their phone.

Instead of going after boundary-pushing technology, sometimes simply being responsive to bad reviews or user feedback is the best way to fend off the competition. Customers are constantly comparing and contrasting services and experiences. That’s where strategic updates come into play.

Update the overall user experience – take all of the data you have available and leverage this to make your app more seamless, intuitive and easy to use. All customers are looking for is the quickest path to information or purchase, so making improvements to remove even one click from their experience can give you the edge over the competition.

Delight your existing customers by evolving your product or service with new features or functionality

Customers’ needs change over time. The most in-demand features you launched your app with are likely no longer enough. 

Incorporating customer feedback will allow you to both improve existing functionality and add desired new functionality to your app. The pandemic has been a great example of this, as some of the most popular features we’ve seen arise this year have to do with order delivery, tracking, and curbside pickup scheduling. Keeping up with customers’ evolving needs – and being the first to respond to them – often means you can outperform competitors and see revenue gains. 

You can also look at targeting underserved customers, and increase your market share in those areas. Improving overall accessibility for customers with disabilities or limitations opens your app up not just to more customers but happier existing customers who will also see the benefit from these changes. 

Increase your bottom line through user retention

Meet customers where they’re at. 73% of customers will abandon a brand after three bad experiences – or less. This means that any small or large improvements to your app’s user experience will help you retain and grow your user base.

Returning customers pay for themselves over and over – in fact it costs 5x more to attract a new customer than to retain an existing one. According to a study by Bain & Company, increasing customer retention by only 5% increases profits by 25% to 95%.

Spending more time and effort catering to existing customers and app users certainly pays off. But where should you start?

There are a number of areas to look at when making technical improvements, so be sure to consider all of them and how they can potentially impact your business in the short and long term.

 

  1. Restructure your existing functionality. This will allow you to make future updates more feasible and frequent based on emerging user needs.
  2. Improve your overall rollout speed by paying down some technical debt in your code base.
  3. Implement newer versions of third party libraries and lower your overall code complexity. This will set you up for future success when adding new or improved features and functionality.
  4. Eliminate bugs or instability in your code that frustrates users and impacts customers loyalty.
  5. Improve your code – update to new or modern standards and fix non-functioning or poorly-functioning code.
  6. Focus on reducing load times and streamline the path to cart to positively impact overall functionality.
  7. Ensure you’ve kept up with new devices and device requirements as technology evolves, such as with increased processing speed or lower latency networks. 

[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default”][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]Ongoing improvements to your mobile app experience should always be a priority once it’s launched in market. Ensuring that these maintenance improvements and costs are factored from the outset will make sure you have budgeted for consistent, incremental updates to serve your existing user base. Customers will notice and reward your for ease of use and improved functionality with frequent visits and purchases, and recommendations to friends and family.

But even if you are considering these changes well after your app has launched, you’ll do well to not just fix the on-fire issues, but create an overarching plan to make sure you are making the best possible ongoing investment. 

If you’re not sure what to do next, send us a message and we’ll be happy to help. We can guide you through the right questions to find out whether improving your existing app, or starting fresh, is the best way forward.[/vc_column_text][/vc_column][/vc_row]

Why Build a Mobile App

Why build a mobile app

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]If you and your team are considering your options when it comes to building a mobile app for your business, there are a few recent statistics you might want to consider.

According to a recent article from the team at Statista, there were 3.6 billion smartphone users in 2020, and this number is predicted to reach 4.3 billion by 2023. The team at App Annie recently published a report that indicates consumers now spend 4.2 hours a day on average on their phones, which is up more than 30% compared with two years prior. [/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][iv_quote text=”Consumers now spend 4.2 hours a day on average on their phones, which is up more than 30% compared with two years prior.” icon=”yes” c_id=”.vc_1622063939640″ quote_css=”font-weight:500;font-size:25px;line-height:30px;”][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]But what do these stats mean for your business? Well, at the very least they mean that if you do not currently have a mobile app as part of your strategic business planning, it might be time to start seriously looking at mobile apps, app development companies, and the potential they have to help your business. 

Apps create loyalty with great customer service, they can provide you with valuable insights and data about your customers and business processes, and they might even allow you to unlock new revenue streams to drive your business forward.

Happy customers are loyal customers

While there are a number of potential benefits to building a mobile app, one of the most important is the ability to put your customer front and center and provide them with a deeply personal brand experience.

A recent article from the team at Salesforce outlines some pretty compelling statistics regarding customer expectations:

  • 64% of customers expect companies to respond and react to them in real time
  • 66% of consumers say they are likely to switch brands if they feel like they are treated like a number rather than an individual

If you think about your own experiences with brands, you are likely to be able to recall two distinct scenarios: one where you had an exceptional experience and one where you had a very negative experience. 

Customer service, whether it is for a direct-to-consumer (D2C) brand or a business-to-business (B2B) brand, has become increasingly important for not only keeping the customers you have happy and engaged, but also for leveraging that brand goodwill to build out your customer base. Happy and engaged customers help you build your brand through word of mouth recommendations to friends, family and colleagues.

But what exactly falls under the umbrella of good customer service? And how can a mobile app help you not only service your customers better, but start to anticipate their needs and proactively solve their problems? This is where the real magic of great customer service happens. 

The power of great customer service and user experience

Great customer service starts by looking and understanding every customer touchpoint and seeking to delight at every interaction. And because apps are built uniquely for both individuals’ personal and professional phones, a mobile app is designed for an inherently personalized experience. It gives you the opportunity to build out a seamless experience that is optimized for both your products or services as well as the way your customers want to experience them.  

In building out these experiences you can look at every touchpoint within the customer journey and anticipate how to make your brand experience exceptional. Generally this includes key features like:

  • loyalty program dashboards and points tracking tools
  • inventory information between online and in-store so customers can self-serve
  • fully transparent tracking from ordering right through to delivery
  • customer service chat bots that can cover your most asked questions or customer queries through a fully automated experience 

The last point in particular is useful in ensuring that you are able to provide a customer service experience even outside regular business hours and automatically escalate queries to ensure timely follow up with clients and customers. 

For those companies that generally service a D2C model, apps are the opportunity to provide value-add experiences for your clients, such as real-time customer service tools, live chat and video functions, product information, invoice and order tracking dashboards, and access to mobile-optimized catalogues for clients outside of a desktop experience.  

With the ever-increasing growth of social media, mobile apps also offer integrations with many social media platforms to help you provide an even wider customer service offering.

Human brands beat out competitors

What companies today must do in order to set them apart from competitors in the space is to have a more direct relationship with their customers and clients. How will you make your brand more human overall and create a relationship between you and your customers rather than a transactional one? 

In building a mobile app, you have the opportunity to look at your top-tier customers and design a completely customized and personalized experience that is based on their unique needs, requests and past behaviour. You can then start basing your product or service decisions on data rather than educated guesses. 

Leverage data and customer insights to drive loyalty

This leads us to another huge win in building out a mobile app experience for your users – user data and behaviour information. 

Because mobile apps are inherently built to provide a more personalized experience overall, the outcome of this is a wealth of information regarding individual user behaviours like location, demographic data, or even information on interests beyond your product or service. 

A huge benefit of designing a personalized mobile app experience is the opportunity to now track, measure and learn from the way your customers engage with your mobile app. By leveraging these learnings, you’ll have a better chance to evolve, anticipate, and preemptively solve challenges facing your customers and clients. 

As a way of looking at how these incredible insights can help brands learn more about their customers, let’s take the example of a new checkout experience as part of an ecommerce mobile app. The standard data points you would expect in this process are things like seeing how customers browse for products, add products to cart and eventually (ideally) checkout.  

Because mobile apps are so personal and accessible, an app can glean greater insights, such as the place and time a user is browsing, what products they browsed, what in-app offers they viewed, coupon codes used, and, of course, collect customer feedback to help you solve common complaints or challenges.  

The other benefit of this is that it will ultimately lead to much more effective and efficient marketing programming overall. Teams can now create unique offers that convert by leveraging key customer behaviour and demographic data points provided as part of the mobile app platform. 

Companies are using these valuable insights in a variety of ways:

  • to create custom offers for their customers based on past behaviour 
  • use purchase and location data to refine their product or service offering by location or demographic data
  • develop new products and services based on search data or customer feedback

In the article from Salesforce, they present the data point that 59% of customers now expect companies will soon anticipate their needs and make relevant suggestions before customer contact.  [/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][iv_quote text=”59% of customers now expect companies will soon anticipate their needs and make relevant suggestions before customer contact.” icon=”yes” c_id=”.vc_1622064126058″ quote_css=”font-weight:500;font-size:25px;line-height:30px;”][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]If we look at a B2B customer model, let’s look at a company that has a delivery network component such as a trucking company. Mobile apps can provide delivery teams with access to valuable information such as delivery windows, customer address info, optimized delivery scheduling tools, and delivery confirmation tools all in the palm of their hands. 

There is also incredibly useful data for the company including delivery route and order concentration to help in optimizing delivery services, staffing and order assignments, delivery vehicle maintenance, and customer delivery notifications sent directly from drivers to assist in order tracking. 

Mobile apps can identify new revenue streams

Perhaps one of the most compelling reasons to consider building a mobile app are the opportunities to unlock additional revenue streams. A recent article looking at revenue coming from mobile apps shows that Android and iOS app revenue reached $111 billion in 2020, which marks a 24 percent increase year over year. For comparison, in 2016 this number was just 43.5 billion in revenue.  [/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][iv_quote text=”App revenue reached $111 billion revenue in 2020, which marks a 24 percent increase year over year.” icon=”yes” c_id=”.vc_1622064164844″ quote_css=”font-weight:500;font-size:25px;line-height:30px;”][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]The team at Tech Crunch recently published an article showing that consumers spent $50.1 billion worldwide across the App Store and Google Play Store, which is up 23.4% from the first half of 2019. 

No doubt a part of this is due to pandemic spending habits, but looking at the penetration of cell phone use coupled with steady upward growth of spending within apps, it is worth considering how building a mobile app could play an important part of your revenue generation plan moving forward. 

There are a few key reasons why mobile apps are generating this kind of revenue. Mostly they have to do with the fact that apps are optimized for conversion with simplified browsing and checkout paths, or have feature sets that are specifically designed with the user (and end goal) in mind. They can be easier to navigate than a browser-based experience with a large navigation bar and too many options. There is also something to be said for the ease of use and portability of mobile phones in general. 

Due to their portability and overall ease of use, mobile apps capitalize on this by creating personalized and contextual in-app offers for customers. Retailers can now leverage geolocation data to send push notifications for timely offers based on interests or browsing behavior to drive incremental purchases and increase the frequency of purchases. They can also leverage contextual data like location and even weather events to send push notifications to shoppers.

Mobile apps are critical for driving the efficiency of processes, which also adds more to your bottom line in cost savings and error avoidance. Let’s look at the example of a large warehouse or manufacturing plant. Warehouse employees can now use mobile phones or devices to input important information at every step of the process, from raw materials receiving through to delivery of the final product.

Warehouse managers can have complete visibility of the entire process by leveraging in-app barcode scanners which can be scanned as inventory comes in and leaves the warehouse facility. RFID tags can automatically track products when they come in close proximity to a reader built into the app, eliminating the need for employees to manually enter this data, reducing losses due to improper or forgotten scans of materials or orders.  

The Future Is Increasingly Mobile

Including a mobile app as part of your service offering will not be for everyone, but it could be exactly what you need to take your company to the next level. Expanding your business with an app can be an important strategy to consider when you factor in the ability to create completely customized experiences uniquely designed for your customers or your business operations.

Mobile applications create opportunities for you to provide more personal and responsive customer service models. They can also provide you with incredible data and insights about your business and your customers and clients to turn into efficiencies or new product and service offerings.

Mobile apps are also driving efficiencies and creating new revenue streams for customers across all B2B and B2C industries as companies use mobile platforms to drive cost savings and create personalized and contextual offers to drive incremental revenue.

It might be worth starting a conversation with your team or with a mobile app vendor partner to meaningfully look at how creating a mobile app could be an essential part of your business growth and revenue generation strategy moving forward.Feel free to send us a message and we would be happy to discuss whether a mobile app might be just the right strategy for your business.[/vc_column_text][/vc_column][/vc_row]

Scoping Your Mobile App Project

Scoping your mobile app project

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]The possibilities afforded by technology grow more boundless every day. From automation to augmented reality, it’s easy to let your imagination run so wild about what your app could be that you forget about what it must be. 

Scoping your project means knowing its boundaries—where it begins and ends. 

Of course, your budget, timeline, and access to talent impose limits to the scope of your project. However, you must also possess a deep and intimate understanding of your project and its users to prioritize the components of its development and keep it from drifting.

Start with a 30,000-foot view of your project

General project scopeOften, the initial questions you should ask yourself are so broad that they can completely escape you. 

  • Are you building a completely new experience, or are you deepening an existing experience?
  • Who will use your app? How many users do you expect to attract, and is there a threshold of users? 
  • Do you intend for your app to serve your region? Your country? The world? 
  • When do you plan for your app to launch?
  • What is the minimum viable product — the one thing your product must deliver or enable?
  • Will your app be built to a specific platform (Android, iOs, web, etc.), or function across platforms?

Once asked, these questions seem quite obvious, but if you don’t ask them, you’ll build your app on a shifting foundation. Working with an app development partner can help you weigh these questions against your ideas and objectives to formalize a scope that suits you and takes all factors into account.

Work to understand your users

Though your team is building your app for your company, your app isn’t for you. It’s for your customer. The more you can understand their needs, goals, pain points, and habits around technology, the better you can understand what your app must provide.

It’s easy to assume that your objectives and the objectives of your customers are one and the same—they are not.

Your objective likely takes the form of a “conversion,” that is, a user taking a desired action. 

The user’s objective is quite different. They take that action to achieve a result for themselves. 

Your objective vs the user's objective

You should align your objective with the user’s objective as thoroughly as possible to achieve a delightful, usable end-project. Map out your customer’s journey to their desired outcome, and consider the functionality your project needs to support each step and hand off your customer smoothly from one step to the next.

Here are just a few functionalities your project might need:

  • In-app purchasing capability
  • Feedback tools like ratings and reviews
  • Voice assistance integration
  • Geolocation
  • Augmented reality
  • Chatbots and customer support
  • Language support and localization

These are the most visible parts of your app, but some functions work invisibly. Security and accessibility practices are a must for any app to truly deliver a seamless experience and earn the trust and confidence of the user.

Take stock of your resources

Once you understand the boundaries of your project and the technological demands of your users, you can create a roster of specialists you’ll need to fulfill each demand. 

Which roles can you fill with your in-house team members? Do you have the developers, privacy and accessibility experts, UI/UX designers to do the job? 

Of the team members you have, which ones have the bandwidth to facilitate your project by its launch date? What priority will your project take in the context of their existing workload, and how will that affect the project timeline? 

UX designer, developer, project manager

Whatever you lack, you’ll have to hire for. Not only will you have to add someone to payroll, but the time to find a hire and onboard them can significantly impact your project timeline and budget. 

Don’t forget the managerial burden of supporting your team — project managers, scrum masters, stakeholder teams, etc. Managing your project across so many departments and phases poses a titanic challenge.

Working with a mobile app development company can alleviate most of these issues. They’ll have more talent and tools at their disposal than you could likely hire for, and they can rotate specialists in and out as necessary, meaning you won’t pay for talent that isn’t in use.

The right app development partner will become an accessory to your own team, working closely to stay aligned and on track to push the limits of your project. 

Make your goals and budget meaningful

By doing the upfront work to accurately scope your project, you’ll save the cost and delay of adding elements mid-project. Having an accurate roadmap to your project’s completion makes your budget allocations meaningful and credible. 

What we’re talking about here is ROI, but if you think of ROI strictly in terms of revenue, you might not be thinking dynamically enough. 

Here are a few client goals we’ve worked with in the past:

  • “My budget is $220,000, and my board expects a 3-1 ROI. Is that possible?”
  • “We need to grow our basket size from $5 to $7.50, how can we support this goal?”
  • “How do we prepare to launch our app in another country next year?” 
  • “After launching our MVP, what upgrades can we implement within the proceeding eight months?” 

Then there are the KPIs that will indicate your project’s progress and success. Again, these should be tied closely to the user’s objectives.

Keep in mind, KPIs in themselves aren’t the only measures of success. They are indicators of success, and they can change over time. The KPIs for your app’s first six months after launch will be different than the KPIs after two years. Once users begin engaging with your app, their feedback may reveal things can change your whole perspective of your app. 

You should do everything you can to conduct analysis and collect feedback to get a true picture of how well your app serves its users beyond the primary metrics. This information informs the next iteration of your project and how to best spend your budget.

Work With Us

Perhaps your in-house resources allow you to take on your app project internally, and maybe you have the support and management team in place to accurately scope your project and deliver it on time. 

You’d still do well to consider partnering with an app development partner. Their deep industry expertise and experience can help you anticipate the latest developments in technology and trends. The right partner will feel like an extension of your own team and help push your app’s true potential.

TheAppLabb is a leader in the strategy, design and development of mobile apps. We work with global brands across a number of industries to create innovative and user centric business solutions and app experiences. Have an idea? Tell us about it.[/vc_column_text][/vc_column][/vc_row]

5G – What It Means for the Mobile App Development Industry

What 5G means for the mobile app industry

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]There’s a reason why technology companies are trumpeting the arrival of 5G technology: it’s fundamentally different from previous generations like 3G and 4G. 5G will enable creativity and innovation at a scale we’ve never seen before.

For mobile app development companies like ours, it’s a totally new paradigm, and now’s only just the beginning of what we’ll be able to imagine and create. We work with clients across a wide number of industries to create mobile app experiences from self-serve pizza kiosks to complex delivery and warehouse management solutions. Every day we work with our clients to solve unique challenges faced by their customers and clients by creating mobile apps that are intuitive, personalized and create a seamless path to the intended goals all through their mobile devices.

Up until now, we have been largely limited by the available connectivity and the subsequent restraints like lack of service on subways or processing speeds to provide immediate user data.

As 5G rolls out both globally as well as locally in Canada through TELUS’s 5G network, it brings with it the promise of not only huge improvements in connectivity but also in the real-time data processing that comes with this reliable connectivity.

Here are some quick facts from the team at GSMA, a worldwide communications association, on the mobile economy:

  • 5G will account for 15% of the global mobile industry by 2025
  • 5G will deliver connectivity speeds of approximately 10 gigabits per second (10-times faster than existing wireless technology)
  • Present day 4G networks have an average latency of 50 milliseconds – 5G networks will cut the latency to just one millisecond, leading to less network interference and delays – this represents a 50X change in processing speeds
  • 4G networks can only support approximately 2,000 connected devices per 0.38 miles, while 5G will support up to 1 million connections in the same area – this represents 500X the number of connections available

*GSMA 2020 Global Report on Mobile Economy

As people incorporate increasingly more devices into their daily lives, 5G connectivity will be a game changer, ensuring that each of those devices is able to fully leverage the immediate benefits

Highest-impact industries

It might be easier to imagine the impact of 5G in our day-to-day lives by looking at some of the core industries that will see the biggest gains in the near future as this technology rolls out globally.

The hybrid workforce – workplaces in a 5G world*

As we look ahead to a post-pandemic work world, 5G has the potential to vastly improve the experience of employees embracing a hybrid work model. It will also take away current pain points around video conferencing and the ability to create immersive presentations for employees working remotely. Video calls, regardless of the location of the user, will become crisp and clear, and pinwheels and loading bars will become a thing of the past. Even those tasks that we currently take for granted, such as file sharing or cloud-based collaboration platforms, will see significant improvements due to the exponentially faster processing abilities 5G will allow.

People with vision or hearing impairments will also benefit from real-time voiced screen readers, automatically generated captions and sound notification capabilities.

All together, 5G has the potential to offer employers and employees an opportunity to create high-functioning teams with a mix of in-office and remote working models, which more teams are looking to retain as we move past the pandemic.  This means that all employees, whether working in the office or remotely, using their desktop or mobile devices, will have access to the seamless functionality that 5G connectivity will allow.

Take, for example, a retailer who is looking to make real-time decisions on store displays or layout decisions at the HQ level. By using platforms enabled by VR and AR and unencumbered by connectivity issues, merchandisers in stores and marketing teams in the office can now test and visualize in-store displays and product placements alongside real-time retail data, creating time saving tools for in-store teams to seamlessly roll out new products or layout changes in brick-and-mortar stores.

Travel, transportation and tourism

The travel and tourism industry could see huge value-add services such as real-time translation services, mapping and wayfinding, with potentially significant safety improvements for tourists travelling abroad. Any apps created for the tourism industry could now benefit from vastly improved processing capabilities and offer global travelers real-time information based on their location, activities and country-specific language needs.

Of course this also means that any services dependent on precise geolocation technology, such as maps and wayfinding apps, will have notable improvements on accuracy and allow for AR visualization like maps overlaid on the physical city infrastructure. This runs much deeper than simply basic directions, as apps of this nature will have the ability to send immediate push notifications to drivers in the direct vicinity potentially impacted by major safety concerns, such as accidents or public safety incidents.

The transportation industry and the penetration of smart cars will benefit immensely from 5G technology. Cars are now being built that can make complex decisions in real-time based on the data they “see.”  This can affect everything from simple lane changes to safety decisions such as route diversions or warnings of changes in speed or accident location data.

The team at Gartner published a report in 2019 which predicts that “in 2023, the automotive industry will become the largest market opportunity for 5G IoT solutions. It will represent 53% of the overall 5G IoT endpoint opportunity in that year.” It also predicts that “5G-connected cars actively connected to a 5G service will grow from 15% in 2020 to 74% in 2023”. This is a massive opportunity presented by a 5G-connected world for those companies building these connected car experiences.

Smart homes, gaming and home entertainment

Vast improvements will also be seen at a personal level as more and more homes become deeply dependent on smart devices. Currently, smart home applications such as security surveillance products are deeply dependent on home broadband links. 5G signal strength will mean that multiple video streams can be uploaded simultaneously and provide homeowners with real-time video and voice information direct to their mobile phones from their security systems without overly burdening their home broadband and impacting other devices connected to the network.

This also means that households who have multiple gaming devices, streaming services, connected televisions, home assistant devices and smart home operating systems like thermostats will see vast improvements in overall quality, speed and real-time data insights for users. All this without being impacted by the number of devices versus available connectivity. A recent article from Intel.co.uk cites the biggest impact of 5G will be the “ability to provide a low-power wide-area network (LPWAN) making (sic) it ideal for running smart home products that require constant, reliable connectivity.”

The gaming industry itself will see huge changes as 5G becomes widely available. Gamers are currently desktop-bound due to connectivity issues that severely impact the overall experience of games that rely on streaming, video and multiplayer functionality. This huge change to connectivity will mean gamers will be able to enjoy these state-of-the-art experiences with other players globally, whether they are sitting in their living rooms or riding the subway to work.

A recent article by Mobile Syrup also talks to the way 5G will shift hardware requirements for gaming away from consumers. “Through services like Google Stadia or Microsoft xCloud, Canadians can stream video games over the internet to any supported screen, removing the need to upgrade your PC or console every few years to play the latest games with the highest quality settings.”

This also holds true for any app experiences deeply reliant on streaming services, such as movies or video. Users will now be able to seamlessly experience these apps and platforms without interruption as they move from their homes to public transportation or even traveling globally.

AI, VR, voice recognition, OCR

New and emerging technologies like Augmented Reality (AI), Virtual Reality (VR), Object Recognition and Voice Recognition software will see huge improvements overall. We will likely see a much wider adoption across the board with customer-facing businesses looking to create unique experiences for their customers. We are almost certainly going to see a re-emergence of devices such as smart glasses as the barriers of connectivity and real-time data processing are removed.

As an example, think about a trip to a home goods store and how these types of tools can provide real-time decision support for consumers. Folks shopping for home furniture or home decor will have the ability to use devices such as smart glasses to “picture” their living rooms in real-time by adding pieces of furniture and home decor virtually to determine their best fit or personal taste prior to purchase. Paint swatches are now virtually and instantly applied to an entire room in different light scenarios so people can make informed decisions.

Healthcare

The healthcare industry stands to gain advancements with the ability to widely use technology such as AR and VR. Remote communities, currently underserved and severely limited by connectivity, will now see significant improvements across the board. Communities will now be able to leverage recognition technology for not only diagnosis, but also for doctors and surgeons in large city centres to assist remotely in operations using VR and AR software.

A recent HealthTech article cites research by Aliied Market Research that indicates the market for virtual and augmented reality in healthcare is expected to reach $2.4 billion by 2026 and includes use cases that include pain management, memory care and medical training, among other things. The impacts for patients, particularly in smaller or underserved remote communities, is life-changing as a result.

Let’s take, for example, fitness tracking apps and devices such as smart watches or health wearables in general. With 5G connectivity, data collected on these devices or through body sensors will now have the ability to provide usable insights in real-time, such as performance metrics like heart rate, allowing users to adjust accordingly.

This type of real-time feedback will also have a significant impact in the health industry by providing patients with instant notifications around key indicators like blood sugar, changes in breathing or heart rates, or even changes in speech with Voice Recognition software. Currently, patients and their healthcare providers have access to some forms of this data, but generally it is after the fact and can only inform distant or near-future behaviour. In a 5G-connected world, patients can have this data processed in real-time, providing them insights to change behaviour immediately to prevent potentially life-threatening changes to their conditions.

Smart cities

Cities both large and small will also stand to benefit from the significant benefits of a 5G connected environment. Massive efficiencies and improvement decisions will now be based on real-time data collected at key source points. If we take the example of the commuter experience, this has exciting implications. With the geo-location capabilities offered by 5G, cities can now make informed decisions solely based on user and density data. This certainly means greater efficiency (read: cost savings) across the board, but it also means that citizens benefit from a user data-based schedule that adapts as their needs change and evolve.

The team at McKinsey recently published a report that linked smart city technology to huge gains in overall experience for users of public transport. “Using digital signage or mobile apps to deliver real-time information about delays enables riders to adjust their routes on the fly.” The report also speaks to the benefit of “installing IoT sensors on existing physical infrastructure [so they] can help crews fix problems before they turn into breakdowns and delays.”

This also means that cities and communities can prioritize infrastructure improvements such as walkways, bike paths and safety improvements solely based on user-generated data and usage. Municipal services like libraries and community services will now be able to provide world class connectivity to all members of the community regardless of location and can offer virtual experiences for parents, children, students and community members remotely.

Public safety – police, firefighters, EMTs

The implications for community services such as firefighters, policing and even the military are massive. These essential services will now have the ability to use real-time data collection through smart city sensors and user inputs to provide much-needed services more efficiently and safely.

A recent article on CNN.com outlined how Qwake technologies are using augmented reality to outline the environment firefighters are seeing in the dark while they fight fires. The same article also looks at a prototype smart street lights made by the company ShotSpotter that would record everything happening on a street and then automatically notify police of any gunshots, transmit video from the area and even adjust the lighting in the area as police arrive to investigate.

If we think about the implications of disaster- or weather-related emergencies, the response to these emergencies with 5G-enabled technology is more efficient as the first responders are supplied with more detailed information from the scene in real-time. This means they show up with the right resources quickly and save lives in the process. It also means that services such as police and crowd response personnel can access real-time information from crowd-sourced data inputs in the area and centralized information from video in order to make more informed decisions.

Education

5G connectivity will have a huge impact for students from junior kindergarten through to post-secondary education. The biggest impact will be found around equality and access as students, regardless of location or financial status, will now have access to state-of-the-art connectivity and improvements to education resources currently impaired by connectivity issues.

University students from remote communities who may not have the means to attend in-person will now potentially have the ability to access world-class education experiences with immersive learning platforms currently unavailable due to connectivity challenges.

For students who are learning off-campus, this also means that education institutions now have access to immersive learning and educational app experiences free from connectivity barriers. A recent article from Ed Tech magazine indicates that recent research is backing up the effectiveness of teaching that engages students in “collaboration, problem-solving and two-way communication with instructors”. 5G and the ability to offer lightning-fast download and video streaming between teacher and student means that this type of immersive learning will be a reality for thousands of students in the very near future.

Student campus experiences like safety will be positively impacted as campus security will be able to leverage real-time data collection to keep students safe through push notifications on their mobile devices.

Corporate gains

There will be huge impacts for companies both large and small as well. A smart factory, for example, will see significant improvements in the overall cost of doing business as the reliance on multiple sensors within a factory setting is now removed. Currently large warehouses and factory settings are deeply reliant on hundreds of bluetooth sensors that are still restrained by relatively short range.

The team at Supplychaindive.com recently published an article outlining the current limitations of 4G in that it was never designed to “support mass IoT deployment where hundreds or even thousands of devices communicate in a warehouse.” 5G connectivity bypasses the need for sensors and instead provides instant connectivity that enables all steps of the process from order receipt to loading trucks with merchandise, and everything in between.

This means companies will be able to find efficiencies in the process, improve employee productivity and overall experience and potentially find significant cost savings through these real-time data-informed improvements and the use of IoT technology systems.

Businesses like restaurants and retail will now have opportunities to reach customers as they pass storefronts and provide location-based offers and experiences. A restaurant experience in the near future could include a special offer as a passerby gets within one metre of the restaurant, provide menus and daily specials, and also include requests for customer feedback as you exit.

This will have a significant impact for restaurants looking to cash in on the tourism industry as people explore new places with the benefit of crowd-sourced review apps that present information based on location.

Geo-location services for business will also see a significant improvement as 5G technology rolls out.  Let’s consider apps created that help banking customers plan to achieve financial goals as part of their day-to-day spending. With the accuracy of location now considerably improved by 5G, a financial services customer who set a goal of reducing spending on eating out could now set up notifications that would remind them of these goals as they walked directly in front of their favourite coffee shop.

This also has exciting considerations for retailers looking to entice customers across their physical store lease lines. Retailers could now leverage opted-in app location data to send personalized offers based on shopping behaviour and proximity to the retail location.

In total, users will see much deeper personalization across a number of mobile app experiences, allowing them to cut through the clutter and receive notifications and feedback that is specifically based on their needs and habits.

Accessibility

There is also a significant impact on overall accessibility for customers who are currently limited by existing software and their dependence on the availability of connectivity. Consider the experience of a shopper with vision or hearing impairments. With emerging technology such as Optical Character Recognition (OCR) and Voice Recognition software, 5G has the ability to completely transform day-to-day functions from point-of-sale payment and “reading” labels on store shelves to voice-prompted wayfinding leveraging smart city or even in-store sensors.

A recent article in Engadget outlines how OEM’s are now building devices that use AI to auto-generate subtitles for any audio playing, implement braille keyboards on their devices, and listen for specific noises to alert deaf or hard of hearing users to important situations. This is great news for app developers who can now build their experiences with these device capabilities in mind with the confidence that the speed of connectivity will allow these functions in real-time.

Big data – the 5G implications of data collection and privacy

Perhaps one of the most wide-reaching changes we’ll see will be around data – data collection, data processing in real-time and the ability to provide users with immediate insights that are currently limited by connectivity quality and network penetration. While this has and will continue to be a sensitive topic, 5G has the ability to alleviate some of the concerns around privacy of data collection as it will fundamentally change the way devices are collecting and processing data.

With more powerful and reliable connections, data that was once reliant on the cloud for collection and processing will now largely be done on the device itself. App users will be able to get the benefits and value from the data collected without sacrificing personal privacy.

A change in the way companies and government agencies look at and treat data will need deeper consideration as we move forward in a 5G-connected world.  Although we will see the ability for users to more closely monitor and control their data at a device level, consumer industries will need to closely balance the ability to provide users with immediate behavior or location-based information with the appetite to receive this level of specific information.

Those currently in the data security, blockchain, cloud computing and data privacy industries are going to see a large uptick as companies, app developers and government agencies look to form partnerships with these companies as part of this rollout. Anyone leveraging the wide sweeping benefits that 5G will offer will also need to invest in infrastructure that protects user data and ensures privacy and security at every level. They will need to ensure that they are building in processes to scrub the data of identifying characteristics while still maintaining data integrity to fuel the deeply personalized experiences themselves.

Consumer trust will be essential in harnessing and rolling out app experiences that rely on data collection as part of their core offering. For instance, permission pass and opt-in experiences will need to be implicitly clear on what is being collected, how it will be used and how it will be anonymized and protected as part of the experience, so that consumers can make informed decisions about how they are using the products and services.

Companies or government agencies utilizing 5G technology such as facial recognition in public spaces will need to ensure there is complete transparency in notifying users of these spaces that the technology is being used and for what purpose.

What does this mean for the app industry?

The app industry itself and those involved in building app experiences for their clients will see massive changes prompted by the removal of connectivity and data processing barriers. We are going to see truly incredible new apps that reach towards the bleeding edge of video, streaming, AR/VR and geo-location based capabilities.  We will see the ability to build life-changing experiences across core industries such as healthcare, education and accessibility services, which will have a significant impact on user experience regardless of location or socio-economic indicators.

For these companies, we will also likely see a change in the team makeup and skills repository needed to make these experiences happen. App development companies will look to add or deepen their skill sets in the areas of AR/VR, big data and data privacy, OCR and voice-enabled services.

App companies will also need to forge new or deepen existing partnerships with data security and data privacy firms to ensure that there is a balance between capabilities, consumer trust and data protection, and ensure that they can build best-in-class experiences with safety and privacy at the core.

Looking ahead to a 5G-powered future

The rollout of 5G technology will likely be one of the most significant changes to our current way of life that we have seen in the technology age.

With these changes comes the awesome responsibility of managing and protecting consumer privacy and balancing capabilities with the incredible experiences likely to come as a result of this incredible technological revolution.  The biggest winner in all of this is the average person, with significant impacts on the core tenets of our communities like accessibility, education and healthcare.

Smart cities, smart campuses and real-time data-empowered emergency and infrastructure services means vast improvements to safety and city planning based on citizen-generated data and video inputs.

Removing barriers to connectivity means that those who are building apps and technology-based experiences are limited only by their imagination and a desire to create exceptional, personalized experiences from the moment you get in your smart car to drive to work to a video call with family members across the globe.

Those companies investing now in building out these experiences with this emerging technology in mind will be first to market, and those that make smart, strategic investments in data privacy, balanced with delightful and seamless functionality, will surge ahead of their competitors.

____________________

TheAppLabb is a leader in the strategy, design and development of mobile apps.  We work with global brands across a number of industries to create innovative and user centric business solutions and app experiences.  Have an idea? Tell us about it.

[/vc_column_text][/vc_column][/vc_row]