Title: Latest mobile technology developments that will drive the future of businesses
1Latest Mobile Technology Developments That Will
Drive the Future of Businesses
We know that the tiny screen of a smartphone can
help us to fulfill most of our basic needs. From
paying online bills, booking cabs, shopping and
ordering food to conducting business and
socializing virtually, everything is possible at
our fingertips through different mobile apps.
These mobile apps are making our lives ea sier
daily, and in the process, generating huge
amounts of revenue. According to Statista,
mobile apps are estimated to generate
approximately 189 billion by 2020. Recently,
the number of smartphone users crossed 5.135
billion combining business and personal mobile
devices (source). This is a clear indication of
the continuous boom and need of smartphones in
our lives. Even in modern enterprises, digital
experiences for employees are being delivered
using mobile apps. According to Forbes, 81 of
CEOs see mobile technologies as being
strategically important for their
enterprises. If you as a business owner, are
looking to strengthen your market presence
through mobile strategies, you will have to
understand the latest technology trends that are
gaining prominence in the market. This will help
you to optimize your apps for modern and future
platforms, positioning them to meet customers
mobile needs and stringent compliances.
2- The adoption of emerging technology in the
tech-space largely covering Blockchain, IoT,
AR/VR and Artificial Intelligence technologies,
that seemed futuristic, are now being adopted at
an unprecedented rate. The potential of emerging
technologies to breathe a new life into your
mobile apps is huge. Introduction of these
technologies in mobile apps will also shift ways
of interaction with the on-the-move consumers. - Lets find out how these new technologies will
enable you to take your apps to the next level. - IoT The Internet of Things A Smart Revolution
- IoT is disrupting the mobile industry.
Enterprises have started realizing the potential
of IoT enabled applications that are helping
them to promote a smart interconnected
technology ecosystem. The latest developments in
the IoT space, to name a few - A Wi-Fi enabled thermostat for homes or offices
- Sensor-enabled buildings, bridges, or pavement
- All these systems are interconnected through
cloud-based technology to a mobile network,
which can be controlled through an app from a
users smartphone, tablet or smart wearable. - This is how Smart Devices connected through
sensors and software within a network strengthen
the IoT ecosystem creating a new world of
opportunities. As we progress towards smart
homes and smart cities, IoT is well poised to
penetrate in different industries in the coming
years. - Blockchain Beyond Bitcoins
- Blockchain has grown beyond conventional
cryptocurrency application. It is thriving in the
financial industry due to its ability to bring
an unprecedented level of security and
transparency in all the types of financial
transactions. In addition, industries lik e
retail, supply chain and healthcare are
exploiting blockchain to its full potential. - In a recently concluded project, Cygnet Infotech
developed a highly efficient eCommerce
application that uses smart contracts to promote
trustless transactions among the business
community across the globe without any regulation
or third -party security. - Soon, popular blockchain use cases for mobile
apps will be
3- Providing self-service with AI Chatbots
- Virtual assistants just a voice command away from
us - Individualized and personalized experience by
predictive analytics - Now that AI technology has moved out of its
infancy, it is moving towards smart applications
with its rule-based algorithms. Moreover, virtual
assistants powered by AI will find their place
in wearables. Intelligent predictive apps with
built -in AI will transform the age-old
smartphone experience to serve us better. - In short, AI will dominate the business space by
enabling apps that mine social data to drive
engagement in CRM, facial recognition and
encryption for increased security, and to
optimize logistics and efficiency by tracking and
managing assets. - Augmented Reality/Virtual Reality Builds a
Foundation - We are in the second wave of mobile apps innova
tion, and since the mobile screens have very
limited real estate, its time to experience
something beyond the screens. - According to Techcrunch AR/VR is expected to
generate 150B revenue by 2020 Augmented Reality
and Virtual Reality technology are no longer
restricted to games and other interactive apps.
It is playing a major role in developing apps for
various industries such as Travel, Education,
Retail, Healthcare, Manufacturing, etc., to
provide an immersive experience to consumers,
stakeholders, employees and clients globally. - The development of applications for HoloLens or
Google Glasses is predicted to take huge leap in
the nearing future. With an aim to offe r more
pleasant and interactive user experience, the
mobile app development domain will rely more on
both VR and AR in the coming years and beyond. - Conclusion
- IoT, Blockchain, AR/VR and AI technologies have
the potential to open new business frontiers and
ways to interact with the customer. Enterprises
can take advantage of these emerging
technologies in formulating their mobile
strategies. So, if you have an idea or a vision
or even a wish to develop mobile applications
based on emerging technologies, then write to us
at inquiry_at_cygnetinfotech.com