Mobile app development has been on the rise for a decade now. As opposed to what was assumed, it was not a dream which fizzled out, but a trend which shattered the glass ceiling. According to Statistica, there were 2.1 billion smartphone users in the world (in 2016) and the revenue generated by mobile apps was about 60 billion dollars. By the year 2019, it is believed that the number of smartphone users will be 2.5 billion if not more.
“The only constant in life is change” – Heraclitus
In today’s day and age, business scenes are constantly evolving to keep up with the dynamic changes, in the environment. We can see digital technologies are changing the facade of business at an exponential rate. Organizations need to keep up with these changes in order to survive and grow. An organizations IT strategy is vital to its business strategynow more than ever.
Digital technology has reached a point of omnipresence and it is no longer optional for a company to be digital or not. The world has had over 4 billion internet users in 2018 alone. Studies have shown that there will be a growth of nearly 800% in mobile data usage in the next year or two.
“Imagine if the line between the virtual and the real simply didn’t exist.
Your classroom could become the cosmos.
The past could be as vivid as the present.
And the familiar could look like nothing you’ve ever seen.”
The expectation from the tech world has increased rapidly in the past few years. The millennial users want to experience the world by living within four walls. They want an experience that could get them to the edge of the seat while playing a game or take them into virtual worlds.
Our economy today is made up of more multinational companies than ever before. However, due to the unsettled economic times facing us, one of the fundamental problems for a company has been how to sustain itself and grow. Most companies struggle with this i.e. how to ensure low production costs and high quality products and profits.