Mobile Apps are being a rage these days and everyone who is developing one hopes and aspires to be a millionaire or a billionaire with it. But the reality is different from what is conceived by the populace. According to Gartner’s analysis, over 99% of the app fails to accumulate the adequate amount of money through the App Stores to sustain and only 1% of them succeed. And with the increase in competition, Gartner also predicts that by the year 2018, the success ratio of the mobile apps will dip down to a meare 0.01% and will pose greater challenge for the businesses and organizations ahead.
Once a wise man said oxygen, food, water and shelter are the most essential things to sustain a life. When the wise man entered the modern world, where technology is the sailor, the saying changed to oxygen, food, water, shelter and mobile apps.
Technology has covered almost every aspect of the business world today and Finance sector is one of them. Moreover, trust is the most essential factor in the financial sector as vital money transactions are done here. As per survey done at the Wall Street, almost 70% of the Americans agreed that they would go a little bit off the path if need be to earn money and, if there is no chance of getting caught.
Finance sector is the most widespread sector in the technological world and the most vital one also. Therefore as this industry is gaining momentum and is on an upward traction, mobile apps for finance sector are fared more as compared to other categories.
Prismetric Technologies is one of the premier mobile app development companies for Android and iOS.