CATEGORY

Mobile Application Development

Mobile application development is the process of creating software application specifically for mobiles. Consumer facing business are building mobile apps to enhance customer experience

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    Mobile Application Development Suppliers

    Mobile Application Development Supplier

    Find the right-fit mobile application development supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

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    Sample Supplier
    Company
    ORACLE CORPORATION
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    44
    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    62
    Social
    37
    Governance
    46
    6 Domains Performance (/100)
    Business behaviour
    46
    Human rights
    47
    Community Environment
    87
    Corporate governance
    46
    Human resources
    27
    Security Scorecard
    55
    Threat indicators
    F
    50
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    F
    53
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    F
    58
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    90
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    F
    48
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    F
    32
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    oracle.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    32
    Human Rights Issues
    0
    Production Supply Chain Issues
    1
    Environmental Non Compliance Flags
    33
    Corruption Issues
    3
    Regulatory Non Compliance Flags
    20
    Fraud Issues
    2
    Labor Health Safety Flags
    16
    Regulatory Issues
    15
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    56
    Discrimination Workforce Rights Issues
    16
    esg controversies critical severity
    No

    Mobile Application Development market report transcript

    Global Market Outlook on Mobile App Development

    The mobile application development market generated a revenue of $61.8 billion in 2016 and is expected to be $139.1 billion by 2020

    Consumer Application Development Market Trends

    VR and AR- enabled Chats

    • VR and AR are emerging technologies. Product- based companies have also started using these technologies to provide tutorials to the consumers.E.g., IKEA offered an augmented reality app to their customers to visualize how a particular furniture design would look in their home.

    Location-based Services

    • Location-based services are provided via mobile applications to allow customers to understand about the service offerings in a particular region.E.g., Uber shows its users the availability of cabs around their desired location.

    Chatbots

    • Chatbots respond to customers queries real-time and assist them with their purchases. Chatbots have reduced the need for live human agents to assist customer calls.E.g., Zomato(an online restaurant finder) uses virtual assistants/chatbots to support customer queries

    Security focus

    • Mobile applications seek for confidential data from customers, such as phone number, place of residence and also saves their credit card or debit card details on a few instances. With such confidential information at stake the focus is on developing highly secure applications to ensure that the customer data is not compromised

    m-Commerce

    • The emerging m-commerce market has forced companies to develop user-friendly mobile applications as an alternative selling and interaction channel.E.g., Hindustan Unilever provides an application “HumaraShop” which serves as a hyper-local grocery marketplace.

    UI-UX

    • The key to developing a successful mobile application is a well designed user interface. User experience is critical to customer engagement as well as monetization. If the user experience is friendly, customers tend to use the application more and are loyal to the brand.

    Market Drivers

    • The number of applications downloaded is forecasted to increase at a rate of 23 percent, primarily due to increasing number of smartphones in emerging markets, such as India, Brazil and Mexico.
    • Consumers are willing to spend on different type of applications based on their priorities. The willingness to purchase an application is influenced by the brand, the user interface, and the level of services offered on the application.

    Market Constraints

    • Leading IT professionals have quoted that the time taken to develop and publish a mobile application is high. This is predominantly due to the lack of specialized skill set in developing mobile applications and high complexity levels, such as large-scale data integration.
    • The demand for developing applications to assist customers and internal stakeholders is increasing and lack of resources to develop mobile applications has resulted in huge backlogs of mobile applications for the IT team.

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