Daily Mobile Industry Snippets!
Local developers of mobile applications are turning to companies as a new driver of growth. The business is very lucrative, with analysts and industry players estimating that apps creation and maintenance for companies will be worth some US$3billion (S$4.2 billion) worldwide. The apps developed for businesses provide a mobile service for their customers or intranet work system for staff.
The technology required for developing mobile apps is closer to a software than a simple app. Thus, developers can charge more and generate multiple revenue streams. This greater sophistication increases the barriers of entry in the competitive landscape.
Source:
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1061504/1/.html
Tags: mobile applications, mobile apps, smart phone