Tag: technology partner
The Power of Tech Partnership: How Partnering With a Technology Company Can Elevate Your Business!
2020 has proved beyond doubt that technology partnership is an essential element in the creation of a successful business. Sticking to a DIY strategy may sound good in the wake of economic upheaval. But honestly, no business wants to “just survive.” Every business in every sector wants to thrive and stay relevant despite the challenges.
In recent times, technology keeps changing far too quickly. Missing the first door of opportunity may mean greatly diminished market potential. On the contrary, partnering with a technology company offers the quickest way to ensure an impactful presence in your market segment.
Do you own a business? Or are you an entrepreneur with multiple companies? Is the concept of a “technology partner” too abstract for you? If so, we are here to help you understand why partnering with a reliable tech company is the need of the hour. Here’s also highlighting the benefits of such a partnership.
Read more: Technology Investments: How to gain maximum value?
Why is Partnering with Tech Companies the Need of the Hour?
Most businesses around the world are recovering from pandemic-related economic hardship. Although this has scared many, it is clear that businesses need to become more ‘upheaval-ready.’ Partnering with a tech company can make your business ‘upheaval-ready’ while elevating your business. Let’s now consider specific reasons.
1. Apprehensive about future challenges?
During the pandemic, you may have had to adapt to new ways of doing business. There is a high probability that this change may not end here. The next few years may experience aftershocks due to health and safety standards and economic fallouts.
Thankfully, new technologies and new ways of using old technologies can help you meet your current and future business needs. What do you implement though and how in the world will you go about doing that? This is where partnering with a tech company can be a boon.
2. You need specific talent
Consider this scenario: you have new projects that require a specific skill set that your current team does not possess. On the other hand, it is also not the right time to hire. Plus, you do not have the time or resources to look for such talent.
Additionally, bringing in new talent that would require extensive training can be way more exhausting than it may seem. What is your best option? A tech partner! Your partner will be able to provide the needed skillset. This may prove to be more cost-effective and less exhausting than hiring and training a new candidate.
3. New technology seems painfully elusive
Do you feel that your competitors are pushing ahead with the latest technology while you can’t even begin to wrap your head around it? Are you anxious that your business will suffer if you do not adopt digital transformation immediately?
If so, worry no more! A partnership with a technology company is exactly what you need to give your business that edge that seems so elusive.
Read more: Why Software Development Outsourcing is a Smart Move Now?
Benefits Of Partnering with Technology Company
Collaboration is key to creativity – Walter Isaacson
Collaboration that brings in creativity and spearheads agility is what you need right now. Here are some direct and indirect benefits of tech partnership:
1. Provides a new set of eyes backed with experience
Does your business require multiple levels of testing and repeated proofreading and fact-checking stages? Do you occasionally require external evaluation to identify issues you cannot see immediately? Your tech partner can do all of these for you. Also, they may be able to provide unique solutions for your specific needs.
Allowing a tech partner to take care of these needs can free your time and resources to stay focused on what you do best.
2. Offers skillset and solutions as and when you need
Business suffers when problems go unidentified and unsolved. Partnering with the right tech company can help you identify and solve such issues before they snowball.
The best part of this partnership is that you can hire them on your terms. It can either be short-term or something that you do yearly.
3. Cost and labor savings
Cost and labor are major points of consideration in running a profitable business. Not all businesses can afford the latest tech advancements. There is no arguing however that organizations need the latest technology to run their business efficiently and cost-effectively.
A tech partner can help in managing communication and resource organization by eliminating manual processes. It can reset repetitive and simple data entry tasks that can consume precious time. Time saved is money saved!
4. Reduce risks
No business can afford a technology failure as it can pose a huge risk. A tech partner can insulate your organization from those risks.
5. Increased employee performance
Technology helps employees do their jobs more efficiently. You cannot afford to miss important compatibility and workflow improvement opportunities in this age. Your tech partner can help integrate your network to improve employee performance. This automatically leads to improved business performance.
6. Opportunity to expand your tech expertise
Not all businesses can afford technical expert knowledge in-house. Partnering with a tech company allows you to complement and broaden your organization’s existing technical expertise.
7. The partnership is more cost-effective
Paying employees 24/7, 365 days for IT support is expensive. It is cost-effective to outsource the IT support team. Partnering with a tech company can give you greater access to experienced tech support when you need it.
Read more: Understanding Managed Services for IT: Why it Matters?
Why Fingent Can Be Your Ideal Tech Partner
Fingent brings a wealth of technical expertise coupled with business experience to our partners. We draw on decades of engineering expertise to develop unique solutions for each of our clients.
At Fingent we maximize the potential of your business with tech expertise backed by sound business sense. We can empower you with the benefits that technology can offer to compete in a global arena.
Fingent has both the necessary certifications and experience you need. Our staff is diversified with specific tasks but is kept informed about each level of the project. We stay abreast of all technological advances.
We have worked with a wide range of clients and have the skills needed to partner with new industries. We believe that technology can enhance and enrich all walks of human existence.
Visionaries at Fingent, top custom software development company can help you reimagine the way you work. We can help kickstart your digital transformation journey to bring you into the future – a thriving and stable future. We are confident that you will appreciate all the strategies we create to help you. Give us a call and find out for yourself.
Why Clutch Ranks Fingent As The Top Software Development Company In Australia?
Over the past 16 years, Fingent has partnered with clients across 4 continents and collaborated with start-up, mid-market, and large enterprises to solve business challenges with the latest custom software development practices. Our core values make us highly attentive to society, peers, family & self, and above all, customers. We are grateful that this client focus is recognized in reviews on Clutch and has enabled us to achieve the position of the leading software developer in Australia.
Clutch is a B2B rating and review platform with thousands of company profiles. Clutch carefully analyzes and evaluates industry data, brand reputation, and most importantly, client testimonials to craft authentic descriptions of development companies and their services. When a company is facing a business challenge, Clutch stands as a directory to browse through and find the right solution provider. Clutch connects businesses with leading performers, who receive industry recognition for their excellent services. When it comes to software development, Fingent ranks as the Top Software Developer in Australia. Here’s a peek into Clutch’s leader matrix, where Fingent stands top on the charts of Market Leaders in comparison to the competing companies.
We are extremely thankful to the clients who took the time to share their experiences about Fingent solutions and services on Clutch. Most recently, Sapra & Navarra LLP left us a review on our ongoing development services for their law firm. We were hired by Sapra & Navarra LLP to build a web-based AI machine learning program. Besides receiving 5.0 stars in the Clutch evaluation categories of cost, scheduling, quality, and willingness to refer, Sapra & Navarra LLP appreciated our accessibility and efforts to prioritize being available to answer any questions or concerns. They also applauded our organization, including our robust agendas of maintaining transparency through meetings and conference calls.
Check out a summary of the perfect 5.0 review below!
Once again, we are very grateful to our clients for sharing their positive feedback on Clutch. It inspires us to continue delivering unique, budget-friendly solutions on time.
“We are excited to have been chosen as a top ASP.NET developer and NodeJS developer for 2020 by Clutch.”
– Stephen Cummings, Senior Vice President – Business Development, Fingent
If you’re looking for a technology partner who can build a web or mobile app, deploy RPA or AI technology, or provide software consulting, please get in touch! We’d love to discuss your latest project.
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 top custom software development company, helps you conceive the right maintenance strategy for your app that yields new revenue streams and enhance your business outcomes.