How is AI Facilitating Healthcare Innovation Over Years
Today Artificial Intelligence (AI) is being used to enhance and improve all spheres of our lives. Artificial Intelligence in medicine is truly life-altering. The technology is used to solve complex healthcare challenges today. AI in medicine helps interpret the data obtained by diagnosing several chronic diseases such as diabetes, cardiovascular diseases, Alzheimer’s, and cancer. Automated systems, tools, and algorithms allow healthcare professionals to minimize errors and control disease progression.
Artificial Intelligence in medicine has considerably advanced two fields: diagnosis and clinical decision-making. The implementation of AI in medicine enables physicians to minimize intra-observer variability and inter-observer variability. It facilitates the interpretation of diagnostic results with high accuracy and speed.
A real-life example: Chest X-rays are among the most common imaging modalities read and interpreted by radiologists in hospitals today. Despite their widespread use, the modalities are difficult to interpret due to their low resolution. The AI models developed by IBM Research Center in California can read X-rays, and their performance is at par with the resident radiologists.
This blog explains how Artificial Intelligence in medicine has been transforming healthcare in the past and present and how it can benefit us in the future.
How AI has transformed healthcare in the past
In the past, Artificial Intelligence focused primarily on the development of computerized machines that were capable of making inferences or decisions that only humans can make. In 1966, Shakey- “the first electronic person” was developed. It was a mobile robot capable of interpreting instructions. Unfortunately, reduced funding and lack of interest pushed Artificial Intelligence in the medical industry into a phase popularly referred to as “AI winter.” Thankfully, that was not the end.
How is AI transforming the present
Artificial Intelligence in medicine has crossed numerous milestones after the bleak “AI winter.” The present generation has witnessed a paradigm shift across patient treatment, clinical diagnosis, and decision-making. Armed with large amounts of data, doctors are now more capable of providing effective treatment to their patients. AI has revamped analytic methods and changed clinical decision-making techniques.
Read more: 7 Major Impacts of Technology in Healthcare
Increased data volumes enable decision-makers to gain unparalleled insights in all stages of treatment, such as diagnosis, treatment variability, care process, and patient outcomes. According to an analysis by Accenture, Artificial Intelligence in medicine can save 150 billion dollars for the US economy by 2026!
Here’s how AI is transforming medicine and improving patient outcomes.
1. Electronic health records
A CDC survey revealed that nearly 75% of healthcare providers trusted their EHR to improve patient care. AI can make the existing EHR system more intelligent and flexible. AI can improve data discovery and personalize treatment recommendations.
When used with virtual medical assistants, a practitioner can retrieve information from EHRs without becoming a victim of clinical burnout. Thus, AI in EHR can improve both clinical outcomes and clinicians’ quality of life.
2. Medical imaging diagnostics
Medical imaging developers have discovered numerous ways to use Artificial Intelligence in medicine to detect and diagnose a wide range of diseases. These developments range from automating workflows to improving processing speed.
While AI imaging may seem expensive, it saves a vast amount of capital spent on invasive disease treatment and prolonged hospital stays by detecting the disease at an early stage. Ai also improves the accuracy of screenings for conditions by helping doctors in early diagnosis. The advent of molecular imaging allows doctors to diagnose an ailment at the cellular level leading to accurate treatment, better patient outcomes, and decreased mortality and morbidity.
3. Virtual health assistance
Virtual health assistance enhances outcomes by cutting short hospital stays, reducing readmission rates, and improving the patient experience, especially among chronically ill patients. Combining AI with healthcare wearables helps streamline telemedicine and improve patient outcomes.
A Virtual Health Assistant is developed to manage chronic diseases. It collects information about a patient every time he/she visits a doctor. It can be programmed to perform health screenings and send the results to the doctor. Each healthcare facility may choose to have a tailored virtual health strategy. This will help integrate appropriate healthcare platforms and technologies into the delivery model.
4. Proactive medical care
Conventional medical treatment involved treating the patient after detecting the disease. This was called ‘reactive medical care.’ Thankfully, AI brought in a significant shift turning reactive medical care into ‘proactive medical care.’ AI-enabled proactive medical care includes studying patients’ medical history to locate high-risk markets for various diseases. Then they are monitored for any changes. Once an alarming change is detected, the application suggests medical intervention.
These apps encourage the patient to be an active participant in their personal healthcare. These can be extremely helpful or even life-saving in conditions such as palliative care, congenital heart disease, and diabetes management. Such proactive medical care enables the patient to take care of oneself’s daily routine, including emergencies.
Future of AI in medical industry
The journey of Artificial Intelligence in the medical industry has just begun. It has significantly changed patient experience, clinicians’ practice, and pharmaceuticals. AI has found its way from our smartwatches to the supply chain. The future of AI in medicine includes everything from answering the phone to therapeutic drug and device design, making clinical diagnoses and treatment plans, and even conversing with patients. Here are two examples:
1. Drug discovery
AI solutions for the medical industry can identify new potential therapies from vast information available on existing medicines. These will help healthcare providers in redesigning treatments that target new threats such as the Coronavirus. AI can improve the efficiency and success rate of drug development. It can also accelerate the process in response to deadly disease threats.
A report by PwC states that the healthcare and pharma sectors are experiencing 67% improvement in clinical trials and drug discovery with the help of AI.
Listed below are a few examples of how AI handholds frontline workers in the battle against Coronavirus pandemic:
- AI-enabled contactless and wireless thermal scanning devices designed to collect and store precise temperature data of individuals. Care providers can integrate this data into healthcare platforms for further analysis.
- AI-based computer vision programs that can be integrated into drones and CCTV cameras installed in public places to monitor the adherence of the public to COVID safety protocols. It can send real-time alerts to police and public health departments in case of safety violations.
- AI-based robots that help physicians and healthcare workers with patient screening to avoid the risk of virus exposure. It can also enable video conversations with medical experts to procure prescriptions.
- Customized AI applications that help predict COVID-19 symptoms through sample screening. AI also helps in predicting COVID risk scores.
2. Primary care
Multiple organizations are working on ‘direct to patient solutions’ offering advice through voice or chat-based interaction. This can enable patients to receive quick, scalable access for their medical issues minimizing unnecessary trips to the healthcare facility. Healthcare providers should use AI-based direct-to-patient solutions to provide essential guidance for patients in remote geographies of the world.
Artificial Intelligence is revolutionizing the medical industry
Artificial intelligence in medicine is changing the role of doctors and medical professionals. It is also helping patients improve personal health management. AI is here to grow and transform numerous aspects like diagnosis, decision-making, treatment plan, drug development, etc. AI can play a leading role in how the future medical industry operates, ensuring optimal patient outcomes.
Fingent keeps a close eye on the happenings in the medical industry and has developed the necessary capabilities to enable a connected healthcare ecosystem for our clients by developing advanced, end-to-end digital solutions.
Give us a call, and let’s discuss your digital needs.
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Mobile application development is the #1 priority for businesses and enterprises in 2021. Are you well-equipped to plan your requirements and develop a robust business mobile app?
Mobile app development in 2021: Practices you should follow
As consumer behavior continues to evolve, more and more businesses adapt their strategy to earn customer satisfaction. With the increased public usage of smartphones, e-commerce and mobile backing experience a significant boom. A mobile app is essential for running a business successfully, and its significance has been more than ever before.
A mobile app is not just a mobile version of your website but is a crucial engagement and experience-driven environment needed for a cohesive customer journey. A mobile app can help build a strong mobile presence and attract a large audience towards your services or products.
According to a survey, by 2021, there will be around 7 billion mobile users worldwide, and by 2022, it is estimated that the annual mobile app downloads will reach 258 billion.
According to the ContractIQ survey, roughly 62% of businesses already have an app or are in the process of developing one. 50% of these businesses use their apps for support and engagement, 30% for revenue generation, and 20% for branding. Many companies are investing in mobile apps as they help generate new or expand an existing business.
With many countries still under lockdown and others following social distancing, the demand for apps such as digital payments, groceries, and entertainment has increased tremendously. Many enterprises and businesses have resorted to digital platforms and are reaping their benefits.
Here, we have discussed the importance of investing in mobile apps for your business and how it can boost your business growth even during a pandemic.
Why invest in mobile apps?
With more people turning to mobile apps to interact with brands, businesses’ mobile presence has become necessary.
In general, mobile apps help boost sales, provide a better customer experience and become more competitive.
According to a research by Clutch, two main reasons by which mobile apps facilitate business growth are:
- Improving customer service
- Providing a return on investment
Read more: Mobile App Development: 4 Tips To Consider
Five ways mobile apps benefit your business
1. Adds value to your customers
Customer engagement is the most significant aspect of customer relations, interactions, and transactions. When someone looks for your product or service, it’s essential to keep the person engaged.
You will have to increase your interaction with the customers for better promotion of sales.
So how does a mobile app fit in here? Starbucks’ mobile app is the best example of successful digital engagement that’s both innovative and inviting. Its user-friendly mobile experience, engaging loyalty program, mobile pay and ordering, and integration with other platforms and services make the coffee chain a customer experience leader.
To put it simply, a mobile app like Starbucks can offer an outstanding and engaging digital experience to customers.
2. Boosts brand building
In the past, brands used to advertise their services through posters, calendars, refrigerator magnets, billboards, and hoardings. Companies imprint their brand logos on such mementos to increase their visibility.
Today, a mobile app is capable of replacing all these. A mobile application can promote brand awareness and recognition among customers and be an effective communication channel. By regularly interacting with your target audience through the mobile app, you can earn customer trust.
Customized mobile apps help educate your customers about your brand and engage them effectively. The more they listen to you and your sales pitches, the more they will commit to your brand.
Read more: Top Technologies Used to Develop Mobile Apps
3. Increases sales
You can incorporate different loyalty programs into your mobile app. It will make your customers revisit your store (digital/ physical) and spend more time. Offering rewards in tiered layers allow customers to earn better incentives as they move from one level to another. It will help boost brand recognition.
Gamification is another way by which you can reward winning customers and provide discounts and prices to pre-defined activities such as sharing pictures or a notification. Scratch-and-win is another feature that can help raise engagement among users. It can work well for both customers and vendors.
4. Improves efficiency
Integrated shopping carts with food ordering and scheduling allow the business to house these functionalities like a digital footprint within the app. For instance, if an eatery incorporates an online food ordering system within its app, it will more likely see a significant increase in online and in-app ordering. Similarly, if a retail business collaborates with an e-commerce system, it will see a productivity improvement and eventually overall sales. With mobile apps, companies can enhance user engagement with inbuilt scheduling software that notifies users about the schedule.
5. Build a loyal customer base
Having a loyal customer base is very critical for any business. A mobile app is one of the best ways to engage with customers and create a loyal customer base. An app allows customers to interact with your business at their convenience. With referral programs, you can encourage your clients to refer your products or services to others.
If you are not convinced with the above points, here are a few more reasons to consider incorporating mobile apps into your business strategy.
- Notify users about your new offers and products
- Reach out to younger audiences
- Sync email and social media accounts of users
- Stay ahead of the competition
View infographic: All you need to know before selecting a mobile app development method
Consider a few things before getting started
Planning your mobile app
Before developing your mobile app, you must plan. You need to outline details like objectives, budget, specifications, and scope. Get a clear picture of your app before sending it to a mobile app developer so that you can be quoted accurately, reasonably, and realistically.
Choose the right developer
We may sound a little biased here. However, we need to say that we’re helping brands worldwide to realize their visions w.r.t. their mobile apps. We provide consistent, high-quality, and cost-effective results with robust, agile teams and dedicated QA practices. Our experts can help you identify your requirements precisely, select the technology and framework needed to build your app, customize the app according to your requirements, and update and maintain it regularly.
Watch video: Fingent can help you choose the right mobile app development approach by evaluating your requirements.
If you’re not sure how or where to start with your enterprise or business mobile app, we’re here to help. Fingent’s mobile app development team has curated an app specification template that is simple and straightforward. Please fill out this template and share it with us. Our expert will get back to you with the answers.
Alternatively, you can send us your requirements and queries by clicking here.
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Is custom software poised to fulfill business needs in 2021?
From small firms to established companies, the COVID-19 pandemic has forced businesses and leaders to embrace digital transformation. Businesses are spending more on custom software solutions to ensure smooth workflow as they switch their operations to virtual workspaces. Custom software development and mobile application development have become inevitable for business growth and success. As technology advances, intelligent interfaces and highly intuitive cognitive capabilities transform businesses in unimaginable ways.
Custom software solutions appeal to tech leaders and companies of all sectors globally. In today’s dipping economy, software development companies like Fingent help businesses restart or rebuild what they lagged with custom software solutions.
What is a custom software solution?
A custom software solution is the best response for both clients and customers to adapt to the new normal. Currently, many organizations are allowing their employees to work from home, thereby limiting physical interactions. Such organizations adopt customized software applications tailored for specific use by their employees. Remote working software tailored to meet specific workplace requirements and maintain privacy without affecting the workflow allows businesses to better serve their customers.
Simply put, custom software development involves designing, developing, implementing, and managing a particular software application used by a specific set of audience, functions, or organizations.
A software development company first analyzes the business and its product requirements to develop customized scalable, dynamic, and cost-effective software solutions. It helps meet the needs and preferences of the customers, clients, and the organization at large.
The new normal is making it difficult for businesses to obtain a competitive edge, so they resort to custom software applications rather than off-the-shelf software development. Thanks to these tailor-made solutions, work is becoming easier and enabling businesses to take a step ahead.
What is the difference between custom software and commercial software?
Custom software solutions are designed and built to adapt to the changing market demands. Off-the-shelf software allows businesses to adjust to their expertise. Commercial off-the-shelf applications come pre-packaged and are purchased by enterprises to carry out their tasks. Custom software enables you to retain only the features you use and supports scalability in the future.
Why do businesses need custom software development services?
Custom software solutions are one of the best ways for businesses to survive in today’s uncertain market. Moreover, custom software development assures that your data remains secure and confidential as there is a high amount of data security risk with off-the-shelf software. Custom software is the best option today, considering your business’s privacy, security, and accountability. As custom software is made exclusively for in-house use, the associated risks are low.
What are the benefits of custom software solutions?
1. Improves efficiency
Custom software is designed to support the specific processes followed by a business entity and its users. Hence it improves the productivity and operational efficiency of the business and its employees. By automating mundane tasks and tweaking the workflow to eliminate unwanted elements, custom software implementation adds business value.
2. Reduces integration costs
Most of the commercial off-the-shelf software fails to work with existing and legacy applications. If it does not comply, businesses will have to invest further to ensure that the prepackaged software operates with the existing infrastructure. On the other hand, custom software integrates well with the current environment and adapts to a business’s needs.
Custom software can grow as the business expands or changes. Developers can assess future requirements and incorporate them into the application. It can save costs associated with purchasing additional licenses or subscriptions of commercial applications.
Investing in custom software development increases the profitability of a business. Depending on the project’s terms and conditions, the organization that creates custom software can own it or license it or sell it to other organizations.
As you will be free of a commercial software vendor, you need not worry about price hikes for licensing and support or whether the vendor terminates a product or goes out of business. However, the business that develops and uses custom software should bear the cost of maintaining and supporting the software. So, every organization must carefully decide whether it’s better to buy or build.
Technologies and practices to consider in custom software development
Open-source indicates that the software source code is open to the public and the development community to use. For example, Microsoft, Linux, and Google. Open source can significantly improve development productivity through software component reuse and improve interoperability by avoiding proprietary architecture.
2. Artificial Intelligence (AI)
Artificial Intelligence allows the software to replicate human decision making and learning. It can enhance the development process. For example, natural language processing (NLP) is used to analyze requirements from elaborate texts and recommends improvements based on best practices. AI technologies such as machine learning and modeling may also be incorporated into applications through application programming interfaces (API) and cloud services.
3. Blockchain technology
Developers are leveraging open- source hyper ledger technology and blockchain ledgers to build new types of secure transactional and financial applications that can boost business processes.
4. Cloud-based development
It brings the advantages of cloud computing by hosting development environments in the cloud. It supports design, coding, integration, and other development functions to build on-premises and cloud-native applications. These environments also promise cost control, speed, and on-demand convenience.
5. Mobile application technology
With the customers’ buying behavior shifting from products and services to experiences, mobile application technology is a must. So, developers have to connect mobile apps with data to improve and enrich the user experience.
6. Analytics technologies
These technologies enable software applications and their users to understand data through dashboards, visualizations, and predictive capabilities. AI, cloud-based services, and automation make it easier to incorporate analytics into applications.
The health crises and economic uncertainties brought in by the COVID-19 pandemic have compelled businesses to adopt solutions tailored for use by their employees and customers. So, opting for custom software solutions is a wise decision as they can be customized to suit your business needs.
While the initial investments seem a bit high, custom apps will get you a higher ROI in the future. If you are looking for a custom software solution for your business, all you need to do is select a trusted and reputed company like Fingent. We first understand your requirements and help preserve your accountability in the market. To know more, please don’t hesitate to get in touch.
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Leading Mobile App Development Frameworks in 2021
The COVID-19 forced social distancing and lockdown policies are driving a steady rise in mobile usage. In Q3 of 2020 alone, 33 billion new apps were downloaded globally, according to a recent report. Mobile users worldwide have spent 180 billion collective hours each month of the third quarter, with a whopping spend of $28 billion on technology apps. Undoubtedly, the pandemic would have a lasting impact on mobile app development trends and technologies going forward, just like how it transformed the consumer mobile behavior.
It is true that a well engaging and standout business app will enhance branding and retain customers. Every business that wants to sell its products, extend assistance, offer service, or share information will definitely strive to make its mobile app user-friendly and accessible to customers. Besides identifying how your mobile application will function or what resources you’ll require, it’s important to figure out which mobile development platforms or technology in mobiles will serve your needs better.
Watch Video: How to choose the right mobile app development approach
Let it be Android mobile apps development, iOS, hybrid, or cross-platform, you need to familiarize yourself with the mobile development application tech in vogue.
Five major programming languages used to develop mobile apps today
The five major programming languages that are largely used for mobile app development include:
If you are building something specific to Apple OS (native to Apple), Swift is the language to seek. Swift is a popular iOS application development language that offers advanced features with minimal coding that can be easily maintained. Swift is a powerful and intuitive language loved by Apple developers who use it for macOS, iOS, watchOS, tvOS, and so on.
C++ forms the simplistic base for most of the programming languages and possesses the power to create dynamic technology apps. C++ is highly sought after today to develop multi-platform apps. You can write code in C++ to develop the application once and use it on different platforms (Android, iOS, and Windows) without sacrificing the app’s performance or security. The simple and effective compiler-based approach makes it a versatile tool that can be used for multiple platforms. Its sister language, Objective-C, was earlier used for app development in Apple systems, prior to the introduction of Swift in 2014.
Since the introduction of Android in 2008, this object-oriented programming language has been the popular and official language for Android mobile app development. An extremely versatile language, Java helps keep your app flexible, modular, and extensible. Java is easy to handle and many open source libraries are made available for users to choose from.
There is no better technology to use than HTML5 if your organization is looking at developing web-frontend applications for mobile devices. Organizations that consider cross-platform mobile app development as a daunting task often resort to HTML5 as it helps you deliver the right functionality and exceptional user experience. The “write-once-run-anywhere” advantage offered by HTML5 accelerates your time to market, improves your app’s visibility, makes development affordable, and supports offline browsing.
A rather easy language to learn, PHP is object-oriented and uses a three-layered model to help create dynamic mobile apps and web applications. It is highly suitable for apps that require database integration. Popular PHP frameworks such as Laravel, Lumen, CodeIgniter, and Symfony are being used extensively for building mobile apps that require complex backend and exhaustive data migration. Large scale app projects prefer this open-source language a lot as it simplifies caching, authentication, and even routing.
A host of advanced technology tools are available for those who are looking forward to creating their own mobile apps using these programming languages. These developer tools are perfect for building mobile apps from scratch and even offer multi-platform capabilities for reaching larger audiences.
Top tools that can help you get started with building your own mobile app
Case Study: Explore how a Video Making Mobile App developed by Fingent transformed our customer’s experience. Click here to download the case study!
Leading mobile application development frameworks that developers need to explore in 2021
2. React Native
This cross-platform framework with coding advantages of C# uses single code across iOS, Android, Windows, and other platforms. With the benefits of code sharing, Xamarin builds applications that render exact native app experience. It is the most time and cost saving framework for mobile app development. Xamarin allows you to deliver native Android, iOS, and Windows apps with a single shared .NET code base. The framework offers access to the full spectrum of functionality exposed by the underlying platform and device, including platform-specific capabilities.
Felgo, previously known as V-Play Engine is a popular cross-platform development framework used to create mobile games and apps. Felgo uses Qt as its core framework which simplifies the development of games and apps. With Felgo, you can create flexible and modern apps compiled natively from a single code-base for Android, iOS, Desktop, Web, and Embedded platforms.
7. Mobile Angular UI
Mobile Angular UI is an open source mobile framework that combines the best features of Angular js and Bootstrap 3 syntax, including the missing components of Bootstrap. It provides fresh UI components such as navbar, sidebars, modals and overlays, switches, etc. Since it makes use of Angular js and Bootstrap, it’s easy for developers to learn the framework and get started. Mobile Angular UI allows businesses to build HTML5 hybrid mobile and desktop apps with less effort.
Are you looking forward to building an innovative mobile app to boost your revenue?
Trends that will dominate the mobile app development arena in 2021
- Chatbots and voice assistants will automate the most frequent human interactions. AI integration will improve user engagement and save businesses a lot of money. It’s reported that by 2025, 95% of all customer interactions are expected to occur via channels that support Artificial Intelligence (AI).
- Statista reports that by 2022, the global AR headset shipments will cross 30 million units, which is 12 times more than the figures recorded in 2020. As Augmented Reality becomes highly pervasive today, critical industry fields such as training, safety, industrial maintenance, education, and healthcare will have to adopt AR-powered mobile/tablet apps.
- Increasing initiatives undertaken by e-commerce players in the recent years have spurred the growth of mobile wallets/ digital wallets such as Apple Pay, PayPal, and Amazon Pay. In the United States alone, mobile wallet market size is set to register a CAGR of 15% during 2020-2026. Convenience, ease of use, availability of inexpensive smartphones, and extensive promotion from banking service providers are some of the reasons that encourage shoppers and consumers to adopt mobile wallets.
- The increasing consumer demand for faster data speed, low latency, enhanced user experience driven by Augmented Reality (AR) and Virtual Reality (VR), UHD videos, seamless video calling, and gaming experience will forcibly drive 5G adoption in 2021. Research discloses that the 5G services market is projected to grow at a CAGR of 43.9% during 2021-2027, with a revenue forecast of USD 414.50 Billion by 2027.
- Loading time affects your bottom line terribly. An e-commerce site that makes $100,000 a day will lose $2.5 million sales annually, even if there is a 1-second delay in its loading time. Accelerated Mobile Pages (AMP) plugin launched by Google is becoming a mandatory factor that determines your mobile site’s ranking. AMP-optimized web/ mobile pages will rank faster and better and own the double-chance of converting visitors into customers.
Read More: Mobile App Development : 4 Tips To Consider
Thus, we come to the conclusion that mobile apps have become the most convenient source of contact between businesses and customers. But when it comes to choosing the best technology to create exemplary mobile apps, there are multitudes of options. The best way is to have a ground plan and seek the help of a custom software development company like ours that offers full-cycle app development as per your requirement. Talk to our expert right away!
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Top Digital Alternatives to Go Paperless and Survive the Recession!
- Document Management Software
- Electronic Invoicing System
- Digital Signature
- Remote Work Collaboration Software
- Virtual Hiring and On-boarding
- Workflow Automation
- Mobile Payments
- Choosing the Best Way to Implement Paperless Initiatives
Running a manual, paper-based organization in the digital age is inefficient and costly. It escalates the total cost of operations and carries a higher risk of errors. Paperless solutions offer process automation that saves valuable time by streamlining operations, releasing useful resources, and improving business efficiency.
A paperless structure can help businesses keep their data more safe and secure. Digital alternatives like a Document Management System store and search your digital documents quickly and securely. Workflow automation helps improve the efficiency of document processing through automatic document routing. Digital signature policies help you significantly increase your document turnaround time. You can store, edit, and manage digital documents from anywhere in the world.
Digital Transformation is leading the way to a paperless future. If you want to empower your business with digital alternatives, you have to adopt the right digital transformation solutions. At Fingent, we provide digital transformation services to businesses around the globe. Simply enhance your business operations productivity by going paperless. It’s the right time to embrace digital alternatives to stay productive and competitive.
In this blog, we discuss at length, the various paperless initiatives that can make your business recession-proof and other benefits of going paperless.
Document Management Software
The pandemic has brought about lasting changes in customer and business behavior. While weathering the storms of recession, you need to have a robust document management software.
A document management system surpasses a digitized record room. A contemporary document management system will help you find records and documents in a few clicks that would have otherwise taken days to dig out. You can also access documents and records in their business context. All changes are carefully logged. Versioning ensures that a new document version is automatically created and stored. That way no one accidentally overwrites content. When one team member works on a document, she can leave comments for her colleagues making teamwork much smoother.
Post-its, slips of paper, and verbal agreements are things of the past. Document management software supports your daily work. All processing steps of your documents like invoices, purchase orders, etc. are seamlessly recorded, making them audit-proof and compliant with regulations. It’s high time that you bid adieu to those dusty file cabinets in your office.
Read more: Features of a Document Management System
Electronic Invoicing System
Electronic documentation is the need of the hour. A typical paper invoicing process involves multiple steps. Assembling data from spreadsheets or ERP systems to delivering the invoice to your customer and getting paid eventually takes a long time. You can get rid of most of these steps with e-invoicing services, as it connects your billing and the recipient’s invoice processing system.
Rather than connecting to the receiver’s web-based servers for sending the invoice, you can use service providers that are connected. This allows both you and the receiver to use your preferred service providers and send your invoices to any recipient without any additional hassle. Thus, the e-invoice travels from your computer to the receiver’s invoice processing system through servers instantly. The recipient can pay the amount with the click of a button, without having to resort to any paperwork. This saves you both manual work, lowers invoicing costs, and speeds up your cash flow.
Once you improve your business processes and adopt digital alternatives like document management systems and e-invoicing, you’ll need to ensure that the documents you send or receive are authentic and have not been tampered with. This is where digital signatures come in handy.
A digital signature is an advanced and secure type of signature that authenticates all electronic documents like spreadsheets, emails, pdf files, and text files. A digital signature is unique to every signer. It uses a mathematical algorithm that creates a digital fingerprint to electronically sign the document, thus validating the signer. You can purchase a digital signature from a trusted certificate authority only after submitting your ID documents. So, a person receiving a digitally signed document can easily find out who has signed it.
The digital signature and the document are encrypted and secured with a seal that makes tampering conspicuous. The recipient cannot open the document unless he receives the public key from the owner. These features make digital signature ideal for e-commerce, software distribution, and other businesses that are prone to document tampering.
Digital signatures reduce the steps involved in signing a document and help replace the traditional paper-based approval process with a faster and cheaper digital process. You not only move towards a paperless office but also reduce costs involving printing, shipping, delivery, filing, archiving, and so on. Digital signatures help improve workflow efficiency as document tracking and organizing become much easier.
Read more: Going paperless – Machine Learning To Accelerate Paperless Offices
Remote Work Collaboration Software
Today, working remotely is no longer an office perk but a new normal. With businesses grappling with an economic downturn and ongoing lockdown restrictions, remote work can help reduce expenses and keep up the morale of your team.
While adhering to the rules of social distancing, you may have to allocate some or all of our staff to remote work. This situation has further highlighted the need for remote work collaboration software. These solutions help you to automate business processes and save costs in paper, office space. However, without the right set of remote work collaboration tools and communication platforms, a company would be dealing with a staff that is adrift.
Today you have a wide variety of tools that keep an office running even while on-the-go. Mobile app versions of these tools enable collaboration anywhere and everywhere.
1. Video Conferencing
Web conferencing tools have gained prominence around the world as face-to-face communications keep everyone in the loop and foster better visualizations of new projects and ideas. A short video call can solve issues that would have taken endless emails or phone calls to sort out. Video conferencing software like InfinCE, Zoom, Microsoft Teams, Remo Conference, and MeetFox provide solid video quality and inbuilt interfaces that facilitate video calling and screen sharing.
2. CRM Software
When you have a teleworking team that handles clients all over the world, you need a CRM software to reduce the gap. The right CRM will help your team to connect as though they were sitting next to each other in an office even when they are actually in different countries. A CRM software gives you a 360-degree view of your customers in a single page. When all your customer data is aggregated, you gain a better understanding of customer behavior helping you make informed decisions. Today, most CRM software have built-in analytics tools that help your sales team analyze their performance while on the go, thus enabling them to better focus on their targets. Odoo, Microsoft Dynamics, Zoho, Salesforce, Hubspot, etc. are some of the best CRM software available out there.
3. Team collaboration tools
A common problem that managers face with remote teams is not knowing what their team members are working on. This can be easily sorted with online team collaboration tools. These tools help streamline your team’s communication by providing a consistent and common digital space for your team to collaborate. They can share project updates, files, and comments within the company to create an efficient and cataloged communication channel. Integrated features such as instant messaging, video conferencing, and task management make workplace collaboration effortless.
4. File Management
An efficient file management tool is unavoidable for organizations aiming to go paperless. A scalable document management system is essential to automate and streamline workflows. Besides storing and sharing documents, a file management system with features that help secure data, track changes, maintain audit trails, and map workflows can improve the performance of your organization. Since document handling is key to many business processes, your document management system needs to integrate with other business apps. So, before making the choice, you should find out what pre-built integrations or APIs the file management system has to offer.
Virtual Hiring and On-boarding
Traditionally, hiring and onboarding have been manual processes. Automating these processes can promote employee engagement and retention. This, in turn, brings in business value by reducing HR man-hours through employee retention and cost savings. A comprehensive and recession-proof onboarding process requires digitization, automation, and personalization. These three steps bring various business processes together, streamline them, and create a seamless onboarding experience for your new hires. This further reduces the cost of hiring and time-to-hire.
Collecting digital feedback and reviewing video interviews help in tackling prejudices if any. Virtual recruitment drives can centralize the entire process by involving many interviewers from within the organization. This instills consistency in managing candidate RSVP, sending reminders, and establishing prompt communication channels.
Though switching to the process of virtual hiring and onboarding is challenging, the right tools and training can ensure successful execution. Organizations must refine their recruitment and onboarding processes by employing remote tools, recording the processes accurately, and training their staff on best practices. While the lack of face-to-face interaction with candidates may bother your team, appropriate training and adaptation will help you improve efficiency.
Read more: Digitalization of Business – Why Digitalization is Inevitable for Businesses
This technology is used to replace paper-based and manual processes with a single platform that combines business processes thus eliminating errors. Workflow automation helps to transform legacy processes that require a lot of paperwork into digitally automated tasks. Most organizations grapple with digital transformation since communications via whiteboards, post-its, and spreadsheets control their task management. These tools hinder smooth collaboration and visibility as they rely on human intervention. Workflow automation reduces this reliance on human intervention by ensuring communication within the platform and maintaining a record of all relevant data. Later, anyone with permission can access this information easily.
Workflow automation software can help you automate almost all processes from IT, Sales, HR, Marketing, Finance, and so on. Once you bring all your applications under a common platform, with a workflow automation software, you can do away with the monotonous work of transferring data between these applications.
Workflow automation gives you a competitive advantage by helping you deliver better quality services at a lower cost and speedy decision making. The benefits of workflow automation include better accountability and communication within the organization, reduced costs and errors, improved employee engagement, improved business processes, and better efficiency.
Read more: How Automation Helps Business – How Automation Ensures Businesses Stay Afloat During COVID-19 Crisis
The new normal brought on by the pandemic demands digital transformation. One technology that has helped businesses and economies stay afloat in quarantine and social distancing is mobile payment. As regulations stipulate the reduction of in-person transactions to prevent consumers from stepping out of their homes, mobile payment facilities have come in handy.
You can equip your mobile customers by investing in contactless payment technologies like facial recognition, QR codes, and NFC technology. COVID-19 will have a lasting impact on the way we conduct transactions. Companies struggling in implementing mobile payments need to find ways in establishing payment systems that are on par with the global standards. Businesses may hesitate to spend on digital payment technologies, during such unaffluent times. However, you need to remember that by enabling mobile payments, you are expanding your customer base and making it easier for customers to buy.
Choosing the Best Way to Implement Paperless Initiatives
Advances in IT and organizational design can drive cost reductions while improving quality and timeliness. To equip your business with these digital alternatives, you need to have clear goals and instructions for upgrading business processes. These tools have to be used in a systematic and coordinated way to improve efficiency and avoid chaos. Once these digital tools are managed in the right order, they enable restructuring of processes and building up resilience resulting in higher productivity.
Going paperless ultimately narrows down to improving processes. The real value of the aforementioned paperless technologies can be realized only once you go back to the beginning of a process and retool it making the whole process electronic. So going paperless is not just an afterthought, but you have to go for redesigning whole processes, making them more electronic. This, then helps you save time and money by streamlining your work and improving the efficiency of what you’re doing.
In other words, you should not opt for paperless technologies to just manage your storage needs. If you simply convert all of your paper into a digital format, you’re just converting your problem from one format to another. When you’re scaling paperless, you need to view it as an opportunity to look at your processes from A to Z and check whether you can make improvements. Then paperless becomes a part of the good business that you practice.
If you wish to know more about how paperless initiatives can recession-proof your business to survive and succeed in the new normal, send us a message right away!
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Concerned about app development costs? Here’s all you need to know!
There will be more people with access to smartphones in 2021 than with access to running water! Well, then there’s no questioning the fact that app development has become the need of the hour to capture the huge rapidly growing market. Investing in app development is valuable to establish yourself as an authority in your industry. As much as you would like to build an app, you might have many queries. One most pertinent question is: How much does it cost to create an app? This will be answered in detail in this blog.
How much does it cost to create an app?
Some people think that creating an app requires a gigantic investment and that the cost of app development is an expensive affair. The truth is, not all types of apps require a princely budget. There is a lot of thought and work that goes into building an app from scratch, so the cost may vary. But looking into what is involved will help us make a fair estimate.
It is important to understand that the cost to build an app depends on various factors like the type of app, the platform you choose, the design, and the number of pages required. For instance, an app that doesn’t require back-end features like an email subscription, calendar, or social login, and API integration will not need a huge budget. On the other hand, multi-lingual support, custom features, and real-time updates will need resources in terms of the development budget. Each app is unique and the cost of making an app is based on the time and effort required to build an app.
HackerNoon rates Fingent in the Top 20 when it comes to Mobile App Development Services. Our mobile team has years of experience working with a range of cost-effective mobile application projects. We’ve helped some of the world’s biggest companies create applications to enhance user experience and integrate new-age technologies.
What Are Some Major Factors That Affect the Cost to Build an App?
Let’s look at some of the specifics that we need to consider, that may affect the cost of building an app.
1. Functionalities, Scope, And Features of the App
The cost of building an app is going to depend on what you are trying to accomplish. Determining that will give a measure of clarity to the scope of the project. If the business is looking forward to a broader scope and returns from the app, it will have to be extensively developed with many functionalities. However, if the purpose of an app is to just establish a mobile presence and develop another channel to connect with end-users, then a limited feature app would suffice. When the goal and overall business purpose is clear to the development team, they will be able to accurately estimate the cost of developing an app.
Read more: Mobile App Development: 4 Tips To Consider
2. Number of In-App Pages
Another vital factor that determines the cost of building an app is the number of screens in the app. The more the number of screens, the more extensive the work required from the designers and UX experts. More screens would also mean higher interlinking of pages through the app, which requires adjustment of conditions so that users can easily access any particular in-app page. Such complex apps demand more time and effort from app designers and developers.
3. Platforms and Devices
The complete cost of developing a native app for a specific platform is different from developing a hybrid app that runs on multiple platforms and devices. Further, the app development cost also depends on the type of device the app is developed for.
Making an app for devices running on Android, iOS, Windows, or Blackberry needs different sets of integration for each type of device. Additionally, supporting different generations of the same device can be another factor that increases the cost of building an app. iOS apps will need to be built to support the latest as well as previous iOS versions. The complexity of the Android market adds to the difficulty in determining a single standard cost of developing an Android app.
4. Type of App Development Team
Based on the complexity of the project, the app development team may comprise a project manager, designer(s), developer(s), and quality assurance engineer(s). You also have the choice of opting for a basic team with a backend developer, admin panel designer, Android or iOS developer.
5. Elements of App features
- Third-party integrations: Mobile apps require third-party libraries, frameworks, and services.
- Backend development: Backend implements the app’s business logic enabling the exchange of data between the mobile and database.
- Hardware components: Identifying the right approach for communication between hardware and software components will make a difference in the cost of building an app.
Apps that allow end-users to upload videos, photos, and submit comments or reviews take more time in development. This would increase the complexity of an app because the user’s information must be stored and made available for future use. Obviously then, the app development cost and time for database-driven apps would be more.
7. Post-launch Expenses
The total cost of creating an app includes the money spent on actual programming as well as post-launch maintenance and updates like cloud hosting, backend server maintenance, and app marketing.
8. App Type
Choosing the right type of application for the project will have a massive impact on the overall cost to create an app. Apps can be categorized as:
- Web Apps: Web apps use a responsive design for smooth user experience across various screen sizes and operating systems.
- Native Apps: Native apps could be more expensive because they are optimized for high performance on a specific platform.
- Hybrid/Cross-platform Apps: This approach is best suited for the needs of a large audience across different platforms. The development and maintenance costs of this approach are lower when compared to the other approaches.
9. License and Legalities
Businesses that want to protect app features that could be knocked off by competitors may want to obtain a Patent, Copyright, or Trademark which increases the cost of building an app.
10. Support and Maintenance
Adding new features and refining existing features of the app will cost you. This is unavoidable because technology is constantly changing, and new updates will have to be made for your app to function seamlessly.
Are you ready?
As of August 2020, there are 3.50 billion smartphone users in the world. As mentioned in the outset, Cisco Visual Networking Index Global Mobile Data Traffic Forecast says that there will be more people with access to smartphones in 2021 than with access to running water. Additionally, App Annie forecasts that consumers will be willing to spend a staggering $157 billion on mobile apps by 2022, an increase of 92% from 2017. Now, these numbers should leave you with no doubt that you must make full advantage of this trend by building an app for your business.
However, having a great idea for an app is one thing but making it available to end-users is another. This guide detailed the cost of making an app, with varying features, technologies, platforms, and more for you to make an informed decision, but if you have any questions or you want to get started on building that app, give us a call.
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Cloud and Mobility: The two pillars to recession-proof your business
- How Does the Recovery Shape of The Coronavirus Recession Look?
- What is a recession-proof business?
- What can business leaders do now?
- How Do Enterprise Mobility Solutions Help in The Current Crisis?
- Five Unique business benefits of enterprise mobility during recession!
- Recession-proof your business by embracing Cloud
- Cloud is not a future aspiration rather an urgent mandate
- How can you capture the full value of the Cloud to recession-proof your business?
- Staying Afloat Despite the Crisis
- Are You Keeping Up with The New Normal?
In just a matter of weeks, the COVID-19 pandemic has chopped off nearly a third of the global market cap triggering panic across the world and shaking the confidence of investors. According to an analysis by the World Bank, the “coronavirus disease pandemic and ensuing lockdowns in several parts of the world have led to a recession unmatched in eight decades.”
The coronavirus-inflicted recession which started unfolding itself in February and March of this year has left the macroeconomic landscape in a state of dilemma. For the past six months, business leaders have been trying to navigate shattered expectations and continued uncertainty forcing them to rapidly shift their expectations for the future. During the Great Recession of 2007 to 2009, unemployment soared to almost 10 percent by January 2009. From then on, recession-watchers have been equipped for the reversal of fortunes.
The economic distress caused by coronavirus may be the trigger that leads to a prolonged slump. If so, it is time for workers, investors, and entrepreneurs to seek refuge in recession-proof business practices. This article explains why it is the perfect time to recession-proof your business through cloud and mobility trends.
How Does the Recovery Shape of The Coronavirus Recession Look?
Recession is defined as a significant decline in economic activity lasting more than just a few months and is evident in decreased levels of real income, real GDP, industrial production, employment, and wholesale-retail sales. According to the forecast by the World Bank, the global economy will shrink by 5.2% by the end of this year culminating in the deepest recession since the second world war. The World Bank Prospects Group Director Ayhan Kose noted, “the Covid-19 recession is singular in many respects and is likely to be the deepest one in the advanced economies…The current episode has already seen by far the fastest and the steepest downgrades in global growth forecasts on record. If the past is any guide, there may be further growth downgrades in store, implying that policymakers may need to be ready to employ additional measures to support activity.”
Thankfully, all recessions including the present recession will not last forever. The economy will reopen at some point and start growing again. Unfortunately, the uncertainty of the times makes recovery shapes more widely dispersed. Recovery shapes are not about speed but more about the eventual return to pre-crisis levels. Therefore, the expectation for the path of recovery is hotly debatable. Perhaps we can confidently say that full return to the pre-crisis stage looks ever more challenging with the passage of time.
This raises a few pertinent questions:
- Can any business be recession-proofed?
- What can business leaders do?
- How do enterprise mobility solutions help in the current crisis?
- How can they leverage technology to recession-proof their business?
What is a recession-proof business?
Recession-proof businesses are defined as industries that can stay afloat during terrible economic times or somehow survive unscathed or a business that has a better chance of riding out a recession.
What can business leaders do now?
Debatably, six months into the corona crisis, economic outcomes are not quite certain. Yet, business leaders can take these steps to prepare for the next phase of the corona crisis.
1. Prepare early
A key to surviving any recession is to act as early as possible. The willingness to make strategic and necessary moves decides if a business is weathering the storm of economic downturn or is sinking their ship.
2. Take stock
As economies reopen with varying degrees of success, now is the right time for business leaders to take stock and to reallocate resources appropriately. Take a realistic look at what is possible for your business and accept what is not possible. This is an important step towards creating goals that fit the new normal.
3. Build resilience
COVID-19 has demonstrated an immense power to surprise and upend well thought out assumptions about how business works and who is likely to win. Businesses should thus actively prepare by creating optionality to maneuver. You may have to shift your mindset from growth to survival.
4. Capture advantage
Leaders must leverage all technological trends to reinvent their superpower. Explore crisis-specific solutions to adapt to the new normal faster than ever before.
How Do Enterprise Mobility Solutions Help in The Current Crisis?
Enterprise mobility solution services basically refer to solutions for businesses that enable employees to use their personal mobile devices securely from anywhere to enhance productivity for the company. For example, an employee should be able to access any uploaded data at any given point through any device that’s available such as a Smartphone, Laptop, or Tablet, and carry out tasks required by the company and thus increase productivity.
What does it offer?
Enterprise mobility offers employees flexibility, freedom, and choice. It can make a huge positive impact on their job satisfaction while increasing their work hours. Most businesses practice enterprise mobility in some way. Along with work flexibility, it helps businesses to maximize profits and reduce costs.
Five Unique business benefits of enterprise mobility during recession!
During the recession, enterprise mobility offers endless opportunities that help broaden the sphere of your customers and your business.
1. Improved employee productivity
Mobile applications mechanize paper-driven procedures to streamline work processes. This brilliant approach enhances information exactness and grants clients access to updated and often real-time data. During situations such as a lockdown, it allows companies to build propelled functionalities improving employee productivity.
2. Reduces operational cost
Since the implementation of enterprise mobility enables employees to work from home, it is bound to minimize the cost of your infrastructure drastically. Also, if it becomes necessary for some employees to come to the office, mobility solutions can enable workspace collaboration for your mobile environment across multiple platforms and devices.
3. Efficient collaboration
When many employees work on the same project, they will have to coordinate with each other regularly. With enterprise mobility solutions they can easily share data and important information through mobile devices, update their work progress, and collaborate continuously.
4. Data security
Security is one of the most important requirements of any enterprise. Enterprise mobility management offers businesses the necessary levels of data security and risk management allowing a secure communication medium.
5. Provides customer satisfaction
Customer service is the top business priority for all enterprises. Enterprise mobility facilitates quicker customer service increasing the customers’ trust in your business.
Recession-proof your business by embracing Cloud
Though cloud computing was increasingly adopted by large companies and startups in the last few years, the work-from-home culture during the pandemic has highlighted the critical advantages of using cloud-based solutions. Cloud integration services have open, continuous assistance, and discounts for their customers and prospective clients.
Internal cloud services can provide resources and orchestrate the entire application stack across different servers. The external cloud services can easily leverage the scale of application and infrastructure while providing an enhanced computing environment. This way, cloud solutions create several opportunities for both service providers and clients. It eliminates unnecessary spending of resources for work, successfully reducing the costs involved.
Cloud is not a future aspiration rather an urgent mandate
Though the concept of cloud is not new, most enterprises remain in on-premise data centers. The current pandemic has reinforced the fact that the cloud is an urgent mandate at the heart of all businesses. You need an intelligent cloud journey that balances speed and value. Each migration should be started by mapping out the journey and determining how the cloud will empower the overall business strategy and goal. Once you migrate the majority of your workload to the cloud, you will be able to realize the full business value of the change. You will see how it makes your business resilient, efficient, and customer-focused.
How can you capture the full value of the Cloud to recession-proof your business?
1. Migrate at scale
The first step would be to align the entire enterprise including strong leadership from the top to provide direction. Second, focus constantly on realizing value throughout the migration process without getting stuck in a pattern of aimless experimentation. Finally, weigh out the cost savings against application complexity, data-location compliance requirements, and legacy needs. Realize the potential value and innovation that can be unlocked through cloud optimization.
For your business to work with speed and agility, you need to think comprehensively about the data flow across all your systems. Hence, carefully consider your modernizing needs and long-term process that are based on a solid application discovery assessment. While planning a strategy, take into account where the organization is headed and why. Doing this will make you a cloud-first enterprise.
Constantly monitor and optimize cost and capacity, manage consumption and performance, and leverage the right services from cloud providers to maximize the value/performance ratio and sustainability.
Since the cloud enables experimentation at speed, try out several ideas at the same time and point to the right one quickly and securely. Gain access to cutting-edge technologies by collaborating with your partners.
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All that you need to know about React Developer Tools
React is an incredible framework for frontend development. It also facilitates mobile app development for multiple platforms. React was a game-changer for IT companies in the USA and across the world, and developers were thrilled when Facebook announced its launch. This post explores the features of React developer tools.
If you are into React development, you must have tried the official chrome React developer tools. This React devtools extension lets you debug your components and is available even as a standalone application. React developer tools help us smoothly create interactive UIs and React is able to reconcile changes to the DOM in a performant way.
The React Developer tool is undergoing constant development with new features added to it regularly. It is an essential instrument you can use to inspect a React application. This article lists out the features of React Developer Tools that you might like to try out and also discusses the best IDE for React.
Read more: React Native App Development – React Native Or Flutter – The Better Choice For Mobile App Development
Inspect and Debug
It is possible to use breakpoints, step-through, and logging to debug a React app. But it can become difficult especially if you have to debug an application that you haven’t seen before. By installing React developer tools, you can overcome some of these challenges.
Installing React Developer Tools
You can install React developer tools on the browser you are using to run the application. One of which is the chrome React developer tools extension. It is available in the appropriate extension store. Once it is installed, either as a browser developer tool or as a standalone application, two new tabs will become available: Components and Profiler.
The Components tab allows you to see the root React components that were rendered on the page and the subcomponents that they rendered. You can inspect and edit its current props and state in the panel by selecting one of the components in the tree. It allows you to inspect the selected component, the component that created it, and the component that created the second component and so on.
While inspecting a React element, switching over to the React tab will automatically select that element in the React tree.
Read more: Web Development Stacks – Top 6 Tech Stacks That Reign Software Development in 2020
Best IDE for React
A good IDE for React is a must to get started with the React ecosystem. Selecting the best IDE for React from among the many that are available out there can be a daunting task. This section will help you make a choice from both the free as well as the paid IDEs.
1. VS Code
VS Code is a Microsoft product and is available for free under open-source MIT license. You can download and set-up VS Code on Mac, Debian, Windows, Ubuntu, Red Hat, SUSE, and Fedora. It can be used for various programming needs. Being the most used free IDE, it is loaded with many useful features.
2. Reactide IDE
Reactide is comparatively new but is gaining popularity among the community of React web app developers. It focuses on web apps development. It is entirely dedicated to React-based application development. It is a one-click setup that installs and runs a custom browser simulator. It spares you from switching between code files and the browser to check the changes made. It is a cross-platform, open-source, free tool.
Atom is among the most popular open source text editors for modern programming. Built by GitHub, Atom comes with Git control and hence fits seamlessly in the GitHub ecosystem. It is a desktop-based application that is used for building apps using web technologies.
4. Rekit studio
Rekit studio is focused specifically for developing apps using React. It works both as an IDE and as a toolkit that can be used for developing scalable web apps using React Router, React, and Redux. Since Rekit has its own Rekit studio, things remain simple and controlled. It is a favorable solution for small scale developments.
These are some of the features that we hope you will find helpful. If you have any questions on React Developer Tools or want to see how this can benefit your business, please let us know.
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How AR and AI work together to build unique mobile experiences?
The intriguing partnership of Augmented Reality (AR) and Artificial Intelligence (AI) is a match made in the digital heaven. An AR application can become more beneficial when AI is incorporated into it. The natural bridging of AR and AI enables mobile app developers to build more interactive and intriguing apps. This article explores a few practical ways in which AR and AI can be combined to build incredible mobile experiences.
Awesome Ways AI and AR Complement Each Other
The partnership between AR and AI is likely to have a profound impact on customer experience. Companies are developing next-generation applications for mobiles that employ AR and AI technologies. In fact, AI is the heart of AR platforms.
Though Artificial Intelligence and Augmented Reality have distinct technologies, they can sync with one another on a variety of applications. They can leverage each other’s best features and aspects building incredible mobile experiences. AI enables AR to have a multidimensional interaction with the physical environment. It allows you to manipulate 2D and 3D virtual objects with your words, eyes, and hands.
It is anticipated that the demand for AR apps is bound to soar in the next four to five years. Hence, the search for appropriate software development kits (SDK) and application program interfaces (API) for AI and AR is on.
Current State of SDKs and APIs For AR and AI
As the capabilities of current SDKs (Software Development Kits) and APIs (Application Programming Interfaces) rapidly expand, the number of commercial opportunities increase exponentially. Consider a few examples:
- Vuforia: It is an Augmented Reality SDK that enables app developers to build mobile-centric, immersive AR experiences. It is capable of supporting both IOS and Android, allowing brands to develop apps with minimal commercial and technical risks.
- ARCore: It is Google’s proprietary AR SDK. It enables developers to get their AR apps up and running on mobile devices. ARCore supports IOS devices and allows developers to build rich and immersive AR experiences supported by mobile devices.
- Core ML: It is a Machine Learning framework used across Apple devices. This API allows you to perform real-time predictions of live images on your device. Its low latency and near real-time results are its biggest advantages. Core ML is an application that can be run without network connections.
- TensorFlow Lite: It is an open-source deep learning framework focused on mobile device inference. TensorFlow Lite enables developers to insert their own custom models.
Practical Ways to Combine AR and AI
The marriage of AR and AI opens up endless opportunities. Here are a few ways in which this combination is working to create digital miracles.
1. Speech recognition: As an AI model listens to what you say, AR effects appear in front of you. For example, if you say ‘pizza,’ a virtual pizza slice appears in front of your mouth.
2. Image recognition and image tracking: It allows customers to see how an object would look and fit in a given space. Combining AR with AI technology allows users to move still photos of items into a still image of a room and assists them in making a decision. Example: IKEA Place.
3. Human pose estimation: It is a technique that detects human figures and poses. It predicts the positions of a person’s joints in an image or video. This can be used in controlling AR content. Yopuppet.com is one example.
4. Education: It allows students to have new perspectives through interaction with virtual reality. For example, it enables them to visualize and interact with a 3D life-size version of the human body.
Related Reading: Impact Of Augmented Reality In Education Industry
5. Recognizing and labeling: When the camera is pointed to a scene or an image, the AR app displays a label that indicates the object or the item when it recognizes it.
6. Car recognition: Using a smartphone camera, it allows its customers to sit inside the car and explore the car’s interiors. There isn’t even a need to download the application.
7. Object detection: AR-AI combination can be applied to automatically learn and detect the position and extent of the objects within an image or a video. This mobile-friendly model facilitates interaction between physical and digital objects.
The bridging of AR and AI is offering businesses an opportunity to empower their customers more than ever before with information shared in captivating ways. Together, AR and AI continue to enhance mobile experiences. It enables developers to design richer and more intuitive, relevant experiences for their diverse consumers. As we noted earlier, the applications of AR and AI are numerous.
To know more about how Fingent can help you build incredible mobile experiences by combining AR and AI, get in touch with our experts today!
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You are planning to build an app for your business. You zero in on the app features, then develop it and finally release your app to the respective stores. You actively monitor your app’s usage and analytics. Your users are happy and they actively use your app. After a while, you notice a dip in the curve.
Your app starts falling behind in-store listings, garners poor user reviews, becomes frequently prone to errors. Then one day you get an email from the respective app store that your app might be removed if it does not meet the latest requirements of the app store.
So, what went down?
Well, did you ever take the effort to continue maintaining the app? Delivering updates on a timely basis so that your app stays compatible with current requirements and is well ahead in terms of features, functionality, security, and performance is a vital part of app development.
You might have built the perfect app, but how long can it remain active and not pass out as obsolete without proper maintenance?
As an enterprise app development company, our experience has shown us that creating and deploying an app is sensible and profitable in the end only if you tie it up with a regular update cycle. We put equal stress on pairing a solid maintenance contract having timely release cycles into every mobile app that we built and always insist on our clients on the importance of having one.
Ongoing maintenance remains indispensable in app development
In 2016, Apple made a relentless push clear its App Store for all outdated apps, delisting 50,000 apps according to a report by Sensor Tower. It further revealed that 51 percent of apps haven’t received any updates in a year.
Source: Sensor Tower
Earlier, you build an app and launch it. You only need to focus on developing the app in the best possible way. However, things have changed. Ongoing maintenance is so important now that almost 80 percent of developers release some form of updates to their apps every month.
Performing maintenance constantly, reinvent your app’s functionality and fix any bugs or other latent issues. It’s unlike the build and deploy once approach that was employed traditionally.
To keep up with the ever-changing user and app store requirements, you should not only build, deploy and optimize your app for the store listing but also improvise it by regularly issuing new updates. Like a newly constructed house that requires additional investment and efforts at maintenance like cleaning, painting and other upgrades, your apps should similarly go through a regular upkeep cycle to keep it active.
Besides, setting up a maintenance plan is so important for your business as several external variables are prone to changes that can affect your app’s functioning. These include:
- Mobile hardware: As handset manufacturers keep releasing newer models each year, mobile apps can become incompatible with the latest mobile hardware, causing them to fail. With a maintenance plan, you can continuously deliver new updates that extend support to all the latest mobile hardware specifications.
- OS versions: Android and iOS are evolving with new version upgrades every year and your mobile app should take into account these changes to extend support and compatibility with upgraded OS versions.
- User Interface: Material Design, Google’s visual design language, marks the change from Skeuomorphic principles towards a fresh approach to user interface design. Keeping up with the current user’s preferences meant adopting newer UI/UX design standards for the app interfaces offering immersive digital experiences.
- Security: With data breaches now commonplace, you should integrate all recent security protocols into your apps to uphold privacy and security.
- Programming languages: Programming languages use to build apps also undergo changes and your apps should stay updated considering these variations.
- Software libraries: Third-party software libraries and dependencies used in apps go through frequent changes, which affects your app’s functioning and cause it to malfunction if they are not upgraded.
- Licensing: Apps that you build has to be tied down to licensing agreements and certifications. These agreements are a limited time offer and therefore need to be renewed periodically to keep the app intact and functional throughout its lifetime.
- Hosting infrastructure: The platform where your app’s database and backend are hosted such as AWS can also be subject to changes throughout the year.
Signing maintenance contracts save your app from getting outdated
Post completion, your vendor may ask about maintenance contracts for your app. Most businesses decline to sign up for a maintenance contract, because to them, the idea of paying extra amount for an already launched app sounds absurd and unconvincing. However, considering the necessity of app maintenance, it is mandatory that a maintenance contract is bought in and formulated alongside the actual development.
Once you sign up for a maintenance contract, you get the dual advantage of both support and regular updates. Every issue that crops up will be dealt with immediately by the development team once you enroll for a maintenance contract, thereby significantly reducing your app’s downtime. Besides, when platform changes occur, such as new OS versions or hardware, your app development partner can review them in advance and plan all future updates accordingly.
Understanding maintenance costs
Maintaining your app continually comes with its costs, which can vary depending on the scope and functionality of the app. Clutch, in one of their surveys, outlines that post-launch maintenance can cost anywhere between $5000 – $10,000, a year after launching the app, which varies based on the vendor opted.
However, maintenance costs follow the standard industry norm, which is 20 percent to that of the initial development cost. For instance, if your app costs about $10,000 to develop then maintenance would run around to $2000 a year. This is subject to vary as it takes into account several other factors like the type of app – native or hybrid, additional features – (push notifications, payment gateway), backend hosting platform, use of third-party analytics tools, etc.
So, what real benefits does your business gain by signing up for a maintenance contract with an app developer?
- Lower Uninstall Rates – AppsFlyer in their newest report shows that the global uninstall rates for apps in a month account for about 28 percent. Timely maintenance can come to the rescue by promptly applying all the first time fixes to the app, which retain your active users lowering the chances of uninstalling.
- Sustained User Loyalty – Constant maintenance does finally pay off via sustained user loyalty across the app’s entire lifetime, which is one crucial ingredient that defines your app’s success in the long run.
- High Rankings in Store Listings – Keeping up with ongoing maintenance ensures that your app adheres to quality guidelines and is constantly optimized based on updates and user feedback for properly ranking in the store listings.
- Adaptation Centered on User Feedback – Recurrent maintenance helps monitor usage patterns to retrieve business insights and create individual user funnels. Using in-app analytics tools, developers can analyze the app’s functioning and resolve any crashes or bugs for flawless user experience and improved retention.
- Increased ROI – With a solid maintenance plan in place, your app can achieve long term benefits for your business by reaping higher financial gains, leading to increased ROI. Besides, you can decrease the overall costs by monitoring the app post-launch and removing redundant features that most users ignore or skip by.
Conceive a maintenance plan by collaborating with your app development partner
Finding a reliable app developer with expertise in building enterprise applications helps kick start your app’s development and maintenance cycle. Once signed up, the development team assesses your app’s performance after launch. Taking incoming feedback from users and identifying the potential issues mentioned, the team adopts an end-user development approach to detect bugs and other performance issues beforehand and proactively fix them.
You can get the best in class maintenance support for your mobile app with our application development services. Talk to our consultants today and see how Fingent helps you conceive the right maintenance strategy for your app that yields new revenue streams and enhance your business outcomes.