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Find How to Choose the Best IoT App Development Company

We have found that IoT app is high on demand and if you choose the right IoT app development company then half of the battle you won. The internet of things is a combination of people and awareness, connectivity and sensor. The demand for IoT app development companies is blow up especially for devices, sensors, web apps meant for both B2B and B2C mobile app users. Thousands of different IoT app development vendors available at the pace of developing IoT apps. How do you get to know which app development company is best for your needs? Let’s make it easier with this blog!! As the IoT landscape has changed with new trends day by day. So, there is no one size fits for all your solution. Here we are suggesting you some tips with a simple question: “what is the scope of my project?” Let’s define your business requirements: There are so many questions raised when you define your business requirements like what type of your business services are, size of your company, serving services in global or local markets, need of entire IoT platform or just IoT applications and when you are going to launch your product? To find the best IoT app development company which fits your requirements you need to set certain matrices for the objective you want to achieve. So, Let’s have a look of some tips through which you can choose the right one. Clients review and feedback: As all, we know that “Actions speaks more than words” so this phrase applies here as well. Before selecting the IoT companies foremost. you can see the client’s review in the testimonial page and a case study of completed projects can also be viewed to understand the processes and technologies. Go with Security driven provider: Security is an utmost concern in the IoT environment. So, a confidential clause must be signed to ensure that the application idea will not be stolen. Such agreement provides the security both to the client and vendor as well. Out of Box service: The IoT spectrum has not yet explored to its fullest and similar services can be replicated by IoT app development companies. So, hire the best company who serve you out of the box services with more features which is uncommon to others app. Trusted QA and Testing Measures: Always make sure that the IoT development company follows the standard guidelines for QA and testing while developing apps. Testing must be done at every stage of application development to ensure performance because in the inception of application any type of failure will cause danger to the company repo. Flexible IoT development vendor: You need to ensure that the company with whom you are partnering is flexible to align the work with your legacy architecture and they should able to provide customized work according to your needs. Let’s wrap up: Choose the best business enterprises who have a high quality of work history with their clients to whom they serve their best IoT app development service. They have been giving the terrific services for the years and giving top-notch wearable development experience. This blog has been taken from the resource- https://bit.ly/2AB0Vjq

5 Fintech and Financial Services Trends for 2020

Fintech technology is now in trend to make the financial services simple and easy. With the constant development of fintech new features and functions, it is important for the fintech app development company to cover the current and futures ones that are currently developing.
The new trends of banking bend towards the customer-oriented. Only product services are not enough, the users should feel the experiences. Engaging customers is a new trend for business. The customer has keen to come on your website naturally. They are unable to digest when something is doesn’t work out according to their needs. They want you to challenge all the odds and emerge victorious like a pro.  


However, there will be a lot of major changes takes place in 2020, as in the rise Fintech app development continues to be accelerating. Fintech technologies have transformed and innovated various services through the emergence of new technologies to fulfill a need of their customer requirements.


It all about innovation that helps in the up-gradation in fintech development. The Fintech startups have the benefit of working independently that’s the reason Fintech rising faster than the companies which follow traditional method for financial services. Here we are focusing on Fintech and Financial services which need to follow every fintech app development company.  


AI and Robotics – We all see that AI is using in almost every sector other than customer services. Analytics, risk assessment, investment, logistics and supply chain management can be using this technology for streamlined and more efficient processes behind the scenes.


In the early stages, bankers used to have personal connections with their customers to understand their behavior. But in the digital age, technologies took the place of bankers to maintain the connection. Artificial Intelligence and machine learning can process the huge amount the information data of a customer. This data and information can be used to analyses the human behavior and banks and other financial services can cater to their customer customized services and can achieve customer satisfaction at a higher level.


Voice Recognition – Voice recognition technology is already gaining traction in various sectors and several fintech leaders are already helping financial organizations and banks to serve their customer hand-free banking services.


Companies who are focusing more on voice recognition with every piece of software released. As a most customers using smartphones for banking services, voice payments become a natural substitute for tapping on the go.


Conversation Interference – According to the Gartner by 2020, Chatbots will interact with the customer of 85% of banks and financial organizations. By eliminating human interaction in conversation productivity and speed improves. In fact, according to the report it is found that chatbots has reduces save over 4 minutes on every transaction. Customer of financial area will more relay on chatbots as it provides 24*7 services., instant response and instant resolve query to improve banking personal services.


Blockchain will shake things up – Blockchain in the near future expecting to offer the terrific potential to a wide range of industries by bringing radical changes into business models and operating processes such as payment method, payment the transaction, and other insurance sectors as well.


Blockchain in financial services still needed testing, they can make a relation with their customer with more transparency. This technology increases more loyalty, reduces transaction time and significantly increases the cash flow. The initial attempt for use of this technology will turn around the improvement of fundraising and KYC fraud detection.


Mobile Payment Innovation – One of the best things in the fintech is the growth of mobile payments. The consumer wants to make faster, easier and invisible no matter where they are. Days are gone where people have to spare some time to go the bank and standing in a queue for their banking services. Google, Phone pay, Paytm, amazon and many other companies have their own payment platform where the consumer can do many financial services and this mobile payment innovation is continuing to grow with their features and new upgrades like biometric access control, inducing fingerprint and face recognition.


Conclusion –
Fintech app development has continued to evolve with new technologies and continue to develop fast. The five-trend outline the most significant movements and changes that are predicted to happen soon and shape the financial services in the upcoming years.Hopefully, this article will help you see a complete picture of all the influences on the modern financial industry and a process of its digital transformation.

Originally published at – http://bit.ly/2FxEFt5

The Ultimate Guide to Salesforce Integration

Introduction

Salesforce is highly regarded as a powerful information platform that has revolutionized the business industry since the dawn of this millennium. As an effective CRM solution, it has improvised the sales operation of enterprises and offers innovative products and services to satisfy their customers’ needs.
 
By integrating Salesforce with other applications, organizations can now tap to vast unknown resources and provide them with much greater operational visibility. The following guide will offer a wealth of insights into the mesmerizing world of Salesforce Integration.
 
What are the processes associated with Salesforce Integration?
 
Do you want to make Salesforce better? Then connect it with other tools to enhance your productivity and bring significant improvement in your marketing strategies so to successfully run your business.
 
A Salesforce integration process helps to understand your business goals, so create a full-proof plan and provide training to your team to make your Salesforce integration services more impactful. The given study will highlight two processes associated with the given CRM model.
 
A.  App-Based Salesforce Integration
 
Most of the organizations across the globe use Salesforce to manage data, nurture leads and provide effective customer service. Furthermore, various 3rd party apps are integrated with Salesforce to streamline the CRM with business applications and reduce the duplication of data.
 
For effective Salesforce integration with apps, a business will need a strong and smooth integration platform to help your business stand among crowds. Some notable app-based Salesforce integration includes:
  1. Salesforce Integration with Dell-Boomi
Salesforce integration implies switching to the given platform from another CRM which also involved the migration of data. With Dell-Boomi, integrating with other applications to automate business procedures is a successful one.
 
It comes with Salesforce Connect which provides an insight into data to the users to view and search data that is stored outside the customer’s Salesforce. It comes with several benefits such as:
  • Reduction in Salesforce data storage cost
  • Allow users to access information to manage external data
  • Salesforce Integration with Informatica
Salesforce is the central part of any business and if you want to identify its true potential; then integrate it across all the systems to allow users to access genuine information as per their requirements.  
 
Informatica Cloud is a data integration platform working as Software as a Service (SaaS). It performs integration of the cloud-based data with an on-premise database and delivers secure, trusted and accessible data to accelerate your business-related decisions. Its benefits are:
  • Easy connection to on-premises & cloud-based apps
  • Improves productivity & performance of the app
Furthermore, other 3rd party apps help in effective Salesforce integration, notable of them includes Jitterbit (cheapest app) & Zapier (specifically for Salesforce integration).
 
B.  Code-based Salesforce Integration
 
Besides apps, integration of Salesforce can also be done by using a programming language. One notable example is Apex which is a proprietary programming language that has Java-like syntax and acts like database stored procedures. It comes with numerous benefits such as:
  • Easy to use & test
  • Offers built-in support to Lightning Platform
  • Hosted on Lightning Platform and entirely controlled by it  
  • Applicable in different versions of API

Possible ways to Integrate with Salesforce

Most of the integration occurs on enterprise-level applications that cater to different layers such as Data, Business Logic, and User Interface to provide a greater level of quality, operational efficiency, and consistency to the users.
 
A.  User Interface Integration
 
A great way to permit users to enter multiple apps from a single platform. One such example is the Facebook app where the content is posted from several application vendors.
 
B.  Business Logic Integration
 
It utilizes Apex web services for Inbound and Apex Callouts for Outbound to handle business logic across multiple applications and accomplish the end-to-end business process.
 
C.      Data Integration
 
It handles data synchronization needs using SOAP and REST APIs to allow single application in an enterprise to act as a major source of the specific business object. There is no need for coding, but it cannot implement any custom logic.

Need to Know About Salesforce Integration Checklist

It is an important tool to help you manage and plane any of your Salesforce integration services most accurately.
 
A. Planning & Documentation
 
Salesforce integration starts with the involvement of the people associated with it. So, proper planning and documentation of the given project are required to find out the further insight of business needs and technical requirements for the given project. It should include:
  • Identification of Business Goals
  • Formulating mission & vision of your business
  • Identifying the owner & data involved in the application
  • Understanding the integration standards & best practices
B.  The Apps
 
The application occupies the central position of any integration project and is essential for the successful accomplishment of the given work. You should give some time to understand the integrated apps and how they integrate. It must include:
  • Preparation of the data involved
  • Understanding the dependency of each application involved
  • Two devices have the same architecture
  • API’s should be enabled of both going to be integrated apps
  • Give serious consideration to API limits
C. The Processes
 
Processes define the flow of data from one endpoint to another which helps in staging and modifying data before their transmission to other applications. You should map out data flow across the organization through:
  • Identifying the endpoints
  • Provision of effective connection for custom integration & 3rd party integration tool
  • Determination of performance of data delivery for various application
  • Usage of IP Whitelisting for limiting & controlling access only to trusted users

Types of Salesforce Integration

Salesforce is the most versatile tool which offers ample ways to integrate data. Currently, few important salesforce integrations are mostly used.
 
A.  Batch Integration
 
The most common method of data integration which is suitable for less frequently changing data. It is the easiest way to implement and provide an excellent solution for processing flat files.
 
B.  Real-Time Integration
 
Real-time integration is a good match to align sales and marketing successfully. It is more adequate and less challenging to handle errors and control queues.
 
C.      AppExchange
 
There are numerous apps available in Salesforce which can be immediately installed in the Salesforce environment. They are essential in reducing time and money in proper integration and supports future enhancements.
 
D. Real-Time Mashups
 
It needs building-up of the user interface in Visualforce to create customized UIs. They are frequently used for assessing data from external systems swiftly.

Some Exciting Salesforce Integration Patterns

To garner significant success in a business, one must utilize effective Salesforce integration to make it a valuable tool to enhance high productivity. Many organizations have started to implement it to boost their business fortune.
 
Salesforce integration structure is based on the following pattern:
 
Applications (A) to Applications (B) – Object(s) – Pattern
 
There is five most common integration pattern which is defined as follows:
 
A.  Migration Pattern
 
It is one-to-one data migration from 3rd party apps to Salesforce that create reusable services to save a great amount of time for the development teams. It also plays an effective role in success of various Salesforce integration use cases such as:
  • Data migration from legacy system to Salesforce
  • Consolidation of CRM systems
  • Backing up a customer master dataset
The most important aspect of a given pattern is that it helps in keeping enterprise data immune from tools that create it and thus allow it to be reused for multiple systems.
 
B. Broadcast Pattern
 
In the given Salesforce Integration pattern, one-to-many data migration occurs between a single-source system to multiple destination systems on a real-time basis. It is transactional and optimized for keeping up-to-date date for multiple systems. It is essential for use-cases like:
  • Synchronization of real-time date from Siebel to Salesforce
  • Creation of sales order in SAP in Salesforce
The exciting feature of the given pattern is that it permits the immediate transfer of customer data between multiple systems for fulfilling processing orders.
 
C.  Aggregation Pattern
 
It is a many-to-one data migration pattern that allows the process and extraction of data from multiple systems and merging them into a single application. It will make data to remain up-to-date and avoid replication to produce the desired database. Its key factors include:
  • Collecting & Formatting Data
  • Finding the scope of source & insert data
  • Merging multiple datasets
D. Bi-Directional Sync Pattern
 
The given Salesforce integration pattern merge multiple datasets in multiple systems and make them behave as one system to allow recognition of the presence of different databases. It comes with specific use-cases such as:
  • Integration of Salesforce with multiple systems
  • Streamlining quote for synchronizing all data records
It enables the system to optimally perform without affecting data integrity across two synchronized systems. It is beneficial for consistent and comprehensive data representation.
 
E.  Correlation Pattern
 
It is similar to the bi-directional sync integration but with one exception. It singles out intersecting two data sets and does bi-directional synchronization only if the given item is naturally occurring in the system.
 
It is beneficial in cases where two systems want to share data for which they have real records representing the same contact precisely.

What Are the Things to Consider Before a Salesforce Integration Project?

For many organizations, integrating their apps with Salesforce is given high priority for achieving faster results with great productivity. As per some industry experts, there are some notable recommendations for effective Salesforce integration services:
  • Identification of involvement of integration type: Real-time or batch
  • Reviewing of API limits which shouldn’t exceed 15000 API calls/day
  • Knowing about information need to be moved between system
  • Assuring authentication of the system
  • Reconsider design if using Apex to solve middleware issues
  • Creation of custom API to call third-party APIs for additional data
  • Understanding when to move data to Salesforce
  • Should know about configuration options
  • Understanding of performing integration on enterprise and unlimited data only
These are the most important consideration, but a successful integration depends on its objectives and individual system.

What are the mistakes that will cause a salesforce integration project to Fail?

If there is a transmission of clean and accurate data, then only integration of your project with Salesforce data will be rendered successful. There are few mistakes associated with the given data integration which you must avoid and ensure the success rate of your project.
  • Starting a project with no clear scope
  • Propagation of bad data
  • Failure to document systems of record
  • Utilisation of bad coding pattern
  • Exceeding API limits
  • Ignoring data rate limits
  • Implementation of improper system architecture
  • Misinterpreting real-time integration

How to Integrate Salesforce with External Systems?

One of the drawbacks of Salesforce integration is that there is no inbuilt option for connection Salesforce solution to an external database. However, the given flaw can be resolved by applying two effective solutions:
 
A.  Salesforce Integration using Data Loader
 
Data loader is a prebuilt system that is utilized to insert data into Salesforce objects or extract data from database objects to transform them into the desired goal. Besides, it is also utilized for mass deletion using ID fields of information effectively. As it requires Force.com API, there should be permission for utilizing APIs.
 
B. Salesforce Integration using Database Integration Service
 
An innovative web service that makes the connection of Salesforce to the external system much easier. Instead of working on SalesForce.com, it works on the principle of Apex callouts which stimulate your backend data and make data retrieving calls using apex perfectly. It is performed using two ways:
  • Data can be imported directly using WSDL facility
  • Service call messages can be created using HTTP RESTful apex classes

What are the benefits associated with Integration with Salesforce?

Integrating Salesforce with other systems comes with numerous benefits:
  • Offers all-in-one access to allow employees to avoid switching systems, and stay logged to a single system to accomplish their work
  • Enhance productivity by integrating the system with automation to remove duplication of data
  • Gather information from a single data source which will be beneficial for the management
  • Boost communication by integrating two systems and leads to more information sharing
  • Automates workflows with no requirement of any code
  • Offers effortless access to data from all integrated systems
So, if you are integrating your system with Salesforce, be assured to get a quick investment return with lower implementation costs.
 

Which is the best Salesforce integration Use-Case?

 

Salesforce integration has become a hot topic among businesses across the globe. With Salesforce integration with an ERP system, the business operation has become smooth and raised the satisfaction level among the customers.
 
What’s more, it has enabled the sales team to get access to customers’ data to avoid disruptions and delays. When both systems are integrated, several business challenges are resolved, and new opportunities are opened for the management team.
 
Below there is an outline of top-most use-cases of Salesforce integration with ERP:
 
A.  Account & Content Information
 
Here, Customers’ information is stored both in ERP and Salesforce system that is essential to reduce the occurrence of inconsistent customer profiles. Furthermore, it also eliminates the need for entering data separately into different platforms.
 
B.  Invoice & Payment History
 
It contains decisions regarding the provision of discounts and recollecting debts by the creation of an invoice or reflection of new customer payment on the ERP system proactively.
 
C.  Quote & Order Management
 
It is important for turning proposals into actual orders by integrating both the systems wisely. Besides, it also helps the sales reps and customer service specialists to inform their customers about any changes in time.
 
D. Product & Price Books
 
It is a handy feature arising from the integration of two great systems. It is because of its capability to update your product and price list in ERP into Salesforce with great ease.
 
One question arises in mind that why it is important? It is essential due to the following benefits:
  • Improve customer service by dealing with them in the swift mode
  • Increase the visibility of data to a higher level with high accuracy
  • Helps sales and customer service teams to make smarter and faster decisions
  • Automate data management tasks
Putting it Together
 
The given article has correctly demonstrated that Salesforce integration has resulted in improving the efficiency and productivity of various businesses across the globe. With its exclusive features and patterns, the organizations have been able to integrate their services with the external system proactively.
 
Are you yearning for a simple yet robust Salesforce integration system to enhance your business fortune? Then take the help of our successful Salesforce Integration Services and get the best result for your business in a quick time.
 
Originally published at – http://bit.ly/2H5r8tv

IoT Application Development: Important Principles to Keep in Mind While Developing IoT Apps

Internet of things (IoT) is one of the high popularities to solve the messy, real-time problem of the world. Internet of things significantly resolves our daily lives, while receiving, sorting and processing data by means of a physical object. Internet of things brings several opportunities for businesses to drive smart operations. So many devices around us are using a sensor to send the data to the cloud. Naturally, many companies are eager to adopt IoT app development for their business to drive new experiences, cut cost and improve productivity.

 

The term Internet of things is referring to a homogenous network connecting the real-world object around us and supporting the exchange of information without interruption of human. By 2020, 2 billion smart devices will be shipped to the consumer, generating revenue of around $290 billion.

 

As you see, a number of connected devices will grow rapidly, and they will require software. You can create IoT mobile apps and start conquering this market.

What you need to know about IoT App Development

 

How can you create an IoT app? This probably depends on your type of IoT projects. Successfully IoT projects firstly understand the day-to-day problem the customer and the business have, and then imagine the connected products that can help to solve that problem.

 

Let’s have a look at the structure of IoT eco-system:

Major IoT components

Any Internet of Things system consists of four main components:

· Hardware

· Software

· Cloud

· Network

After figuring this out, developers start to develop a feasible implementation strategy. Here we are discussing the main 5 principles that must be taken into account by IoT developers before creating an app.

 

Let’s have a look at the main principle to develop top-notch IoT apps:

 

· Ensure to Collect the safe Data: We know that IoT is all about connecting devices and shares the user data so the collection of data through the devices (i.e) is out outside of the usual data transmission network. Therefore, while IoT app development, developers must think of several ways to protect the information from hacking.

 

· Arranging of High-Quality Data Streaming: As a rule,data collection system consists of thousands of electronic devices, for the efficient streaming of data it is important to think over the independent mechanism that serves different services than traditional packet transfer.

 

· Develop Internet of Things Solution in the Cloud: Cloud solution is being used to deliver fast data to users and maintain centralized storage. Such a system ensures the efficient operation of IoT an application that minimal cost and requirements for carrier network. Cloud the platform brings device management, the scale of infrastructure, networking, and a range of storage and analytics products you can use to make the most of device-generated data.

 

· Create Robust IoT Platform: IoT platform provide the infrastructure to build and manage your IoT fleet. It is a set of software tools that collectively help to systemize, store and process data received from the physical objects.

 

· Effective Data Management: Data management is a broad concept that referring to the architecture, procedure, and practices for proper management of data. Business leaders need an effective data management strategy to maintain and store collected data and implement them into IoT apps to its maximum potentials. An effective data management strategy helps organizations to cut costs and implement IoT solution efficiently.

 

Conclusion – IoT app development are on the rise. They fully integrated into human lives. Companies get befits from IoT apps and they are free from worries and daily chores. IoT makes easier life for everyone, it improves both personal and commercial area. From automated signal to supply chain monitoring everything now becomes smart.

To start an IoT project, you must have a good knowledge developer and a well-understanding of technology that uses in the project. Each industry is best served by a unique set of IoT application and tools. Good IoT app development company can understand your needs, define your expectations and avoid the upcoming pitfall on a way of development.

Originally published at - http://bit.ly/30BGezO

How Integration of 5G in IoT App Development is Set to Reshape the Construction Industries

IoT app development enhancing various sectors through its connectivity and decision-making capabilities. IoT is one of the disruptive technologies in many sectors such as healthcare, financial, commercial, consumer, industrial and infrastructure applications. IoT based platforms gather the information to make the decision faster and efficient in several sectors such as manufacturing, healthcare, agriculture, energy, etc. Unlike construction, these sectors involve a repetitive process in a closed working environment which makes it possible to adopt this technology.
 
On the other hand, the construction sector is the unstructured process erratic work environment, and remote construction sites. The construction sector is fragmented as well as multi-disciplinary industry. Their adoption of IoT in this field requires some efforts in ensuring appropriate changes at policy.
 
In recent years, 4G technology was the big thing that resolves the issues that came with 3G, but now we’re on the next generation technology i.e. 5G. Now thanks to the forthcoming 5G standard, the digital network is about to get even faster. The advantage of a faster, reliable 5G network presents a huge step forward in connectivity for any sectors. But within the construction industries, in certain, it opens up great potential for processing mobile data and make our machines to communicate with each other.
 
But construction not alone, may industries be enhancing with the internet of Things (IoT) to such an extent that the demand for smart devices is soaring. The internet if things transformed the way the construction business does their work, allowing companies to be more fast, efficient, smarter and safe.
 

New Construction Technology –

 
 
The industry has entered a new phase with IoT and other advanced technologies. IoT is now no more primary sensor but they are evolving into advanced computer, which is capable of new and demanding applications in construction projects such as remote operation, supply replenishment, construction tools, equipment tracking, equipment servicing, repair, remote usage, monitoring, augmented reality (AR), building information modeling (BIM), predictive maintenance, progress monitoring, construction safety, and quality monitoring.
 
Usually, construction sites are in remote locations, and their headquarters are in cities. Continuously communication is required between the various stakeholder within the site, and from the site, office to home office and as well as from the office to other contact related to the project. Currently, it is quite tough to find an efficient network that’s cost-effective, feature-rich and capable of multiple services.
 
5G in IoT app development is the biggest innovation for using in construction in all it’s the form: providing high-speed internet and make it possible to connect constrained devices. So the work of construction becomes easy as construction work requires maximum efficient data collection, capture, and analysis – all of which require connectivity.
 

Conclusion:

 5G will be crucial for providing the infrastructure which autonomous machine needed. In Essence, this new generation technology provides a very high speed than 4G and therefore is capable of transmitting information in the speed of light. With the help of 5G self-driven machine are capable to receive the signal quick and able to recognize the location, signal, map area more accurately. All of this makes the construction work faster and efficient. If you’re considering to adopt the IoT app development services for your construction work, feel free to contact – Emorphis Technologies. We are the leading development company for providing all kinds of software app development for mobile and web-based.
 
Originally published at - http://bit.ly/37xHWF0

5 Tips for Efficient FinTech Application Development.

Fintech companies have revolutionized in the personal finance and finance organization with the emerging technologies which benefit the consumer at a large level. Fintech application has introduced unique andinnovative experiences in the world. There are already 5600 fintech companies alone in the USA growing at a rapid pace. If you wish for fintech apps so this post is for you.


Let’s take a moment to red the important tips for fintech app development that will help you to move forward on the right path.


Find the Right Fintech App Development Company – When you planning to develop any kind of product or experience, you always wish for the streamlined process and so you always looking for professionals. In the long run, the best and affordable development team is those who already have years of experience in creating similar applications. Experienced companies better understand your demands and develop an app that matches your needs. But before choosing the right fintech app development company, don’t hesitate to ask questions or requests for portfolio.


Once selecting the right fintech app development company, your job is not over. An important thing to understand is that only developing an app and testing is not enough more important is its sustainability. For this reason, fintech app developers who can work throughout a life cycle is a smart investment.


Create a User-friendly Environment – The apps must be user-friendly design and user of any age can smoothly operate your apps. Analyze the app design before finalized because once it goes into the market, you can’t completely change the design of your app as users only recognize your app by its design.


When your design is unique and recognizable, there is much less chance your users will get scammed or pretending to be you. So, whether it’s a specific color you use or your logo, it should show users that it’s really you.


Functionality – A nice looking app is no doubt good to have, but what if your app doesn’t work smoothly? This is the reason you need to be clear your thought in front of developers about your apps. What type of functionality you want in your app, your developers must know. So, that developer’s team can develop the perfect apps.


Too much complexity apps are uninteresting as no one wants to spend extra time to understand the functionality of apps. The main dashboard should be neat and clean and include only the most important options.


In this way you can get the necessary information and make the necessary adjustments to improve better customer experiences.


Security – From offline to online security always be the concern for everyone. As much as people interested to adopt new technologies their security concern also increases. No one wants to share their personal data without knowing its safe or not. This especially for payments transaction apps, banking apps or other fintech apps.


Security measures should cover both internal and external parts of apps. Depending on how development of apps has been done, the means to keep information is quite vary from app to app. Many technologies emerge in development of fintech apps, blockchain is one of the most useful technologies that keep information safe.


The external security is also important, and it is something your users can see, like login protection and the way information has stores. Multi-factor authentication, a combination of two or three different verification method, is the best way to implement this.


Diversity – Unless you’re aiming for a group of people or devices, diversity is something you should never forget about that. There are several types of devices present in the market with different screen size, resolution, RAM and more, fintech app development company need to b develop apps with many possibilities that easily operate no matter which devices your users have.


Don’t forget your users is differ as much as devices do. Their preferences need, technical knowledge and even their physical abilities will affect the way they interact with your app. Companies must  developed apps by keepings all odds and even in the mind.


Last Words- Fintech industry is rapidly changing in order to keep their customer happy and provide many facilities along with some risk. Fintech has completely changed the way how people deal with their capital and suggest them in their financial planning as well.
It is quite difficult to be innovative in this world where most of the innovation has been already done, buy Fintech app development companies always must learn from their competitor mistake or with the thought of how apps can be more useful to users. Don’t hesitate to take inspiration from businesses like you. In the end you don’t have to create something new but to improve something that already exist.

 

Originally published at - http://bit.ly/2NHmHc4

How Integration of 5G in IoT App Development is Set to Reshape the Construction Industries

IoT app development enhancing various sectors through its connectivity and decision-making capabilities. IoT is one of the disruptive technologies in many sectors such as healthcare, financial, commercial, consumer, industrial and infrastructure applications. IoT based platforms gather the information to make the decision faster and efficient in several sectors such as manufacturing, healthcare, agriculture, energy, etc. Unlike construction, these sectors involve a repetitive process in a closed working environment which makes it possible to adopt this technology.

 

On the other hand, the construction sector is the unstructured process erratic work environment, and remote construction sites. The construction sector is fragmented as well as multi-disciplinary industry. Their adoption of IoT in this field requires some efforts in ensuring appropriate changes at policy.In recent years, 4G technology was the big thing that resolves the issues that came with 3G, but now we’re on the next generation technology i.e. 5G. Now thanks to the forthcoming 5G standard, the digital network is about to get even faster. The advantage of a faster, reliable 5G network presents a huge step forward in connectivity for any sectors. But within the construction industries, in certain, it opens up great potential for processing mobile data and make our machines to communicate with each other.But construction not alone, may industries be enhancing with the internet of Things (IoT) to such an extent that the demand for smart devices is soaring. The internet if things transformed the way the construction business does their work, allowing companies to be more fast, efficient, smarter and safe.

 

New Construction Technology –

The industry has entered a new phase with IoT and other advanced technologies. IoT is now no more primary sensor but they are evolving into advanced computer, which is capable of new and demanding applications in construction projects such as remote operation, supply replenishment, construction tools, equipment tracking, equipment servicing, repair, remote usage, monitoring, augmented reality (AR), building information modeling (BIM), predictive maintenance, progress monitoring, construction safety, and quality monitoring.Usually, construction sites are in remote locations, and their headquarters are in cities. Continuously communication is required between the various stakeholder within the site, and from the site, office to home office and as well as from the office to other contact related to the project. Currently, it is quite tough to find an efficient network that’s cost-effective, feature-rich and capable of multiple services.5G in IoT app development is the biggest innovation for using in construction in all it’s the form: providing high-speed internet and make it possible to connect constrained devices. So the work of construction becomes easy as construction work requires maximum efficient data collection, capture, and analysis – all of which require connectivity.

 

Conclusion:

 5G will be crucial for providing the infrastructure which autonomous machine needed. In Essence, this new generation technology provides a very high speed than 4G and therefore is capable of transmitting information in the speed of light. With the help of 5G self-driven machine are capable to receive the signal quick and able to recognize the location, signal, map area more accurately. All of this makes the construction work faster and efficient. If you’re considering to adopt the IoT app development services for your construction work, feel free to contact – Emorphis Technologies. We are the leading development company for providing all kinds of software app development for mobile and web-based.

 

Originally published at - http://bit.ly/2NxkPCo

5 Fintech Trends and Financial Services Trends for 2020

Fintech technology is now in trend to make the financial services simple and easy. With the constant development of fintech new features and functions, it is important for the fintech app development company to cover the current and futures ones that are currently developing.
The new trends of banking bend towards the customer-oriented. Only product services are not enough, the users should feel the experiences. Engaging customers is a new trend for business. The customer has keen to come on your website naturally. They are unable to digest when something is doesn’t work out according to their needs. They want you to challenge all the odds and emerge victorious like a pro.  
 
However, there will be a lot of major changes takes place in 2020, as in the rise Fintech app development continues to be accelerating. Fintech technologies have transformed and innovated various services through the emergence of new technologies to fulfill a need of their customer requirements.
 
It all about innovation that helps in the up-gradation in fintech development. The Fintech startups have the benefit of working independently that’s the reason Fintech rising faster than the companies which follow traditional method for financial services. Here we are focusing on Fintech and Financial services which need to follow every fintech app development company.
 
AI and Robotics – We all see that AI is using in almost every sector other than customer services. Analytics, risk assessment, investment, logistics and supply chain management can be using this technology for streamlined and more efficient processes behind the scenes.
In the early stages, bankers used to have personal connections with their customers to understand their behavior. But in the digital age, technologies took the place of bankers to maintain the connection. Artificial Intelligence and machine learning can process the huge amount the information data of a customer. This data and information can be used to analyses the human behavior and banks and other financial services can cater to their customer customized services and can achieve customer satisfaction at a higher level.
 
Voice Recognition – Voice recognition technology is already gaining traction in various sectors and several fintech leaders are already helping financial organizations and banks to serve their customer hand-free banking services.Companies who are focusing more on voice recognition with every piece of software released. As a most customers using smartphones for banking services, voice payments become a natural substitute for tapping on the go.
 
Conversation Interference – According to the Gartner by 2020, Chatbots will interact with the customer of 85% of banks and financial organizations. By eliminating human interaction in conversation productivity and speed improves. In fact, according to the report it is found that chatbots has reduces save over 4 minutes on every transaction. Customer of financial area will more relay on chatbots as it provides 24*7 services., instant response and instant resolve query to improve banking personal services.
 
Blockchain will shake things up - Blockchain in the near future expecting to offer the terrific potential to a wide range of industries by bringing radical changes into business models and operating processes such as payment method, payment the transaction, and other insurance sectors as well.Blockchain in financial services still needed testing, they can make a relation with their customer with more transparency. This technology increases more loyalty, reduces transaction time and significantly increases the cash flow. The initial attempt for use of this technology will turn around the improvement of fundraising and KYC fraud detection.
 
Mobile Payment Innovation – One of the best things in the fintech is the growth of mobile payments. The consumer wants to make faster, easier and invisible no matter where they are. Days are gone where people have to spare some time to go the bank and standing in a queue for their banking services. Google, Phone pay, Paytm, amazon and many other companies have their own payment platform where the consumer can do many financial services and this mobile payment innovation is continuing to grow with their features and new upgrades like biometric access control, inducing fingerprint and face recognition.
 
Conclusion –Fintech app development has continued to evolve with new technologies and continue to develop fast. The five-trend outline the most significant movements and changes that are predicted to happen soon and shape the financial services in the upcoming years. Hopefully, this article will help you see a complete picture of all the influences on the modern financial industry and a process of its digital transformation.
Originally published at - http://bit.ly/2FxEFt5

How to Market your Mobile App?

Mobile app marketing involves interacting with customers throughout the lifecycle — from hearing about your app for the first time to becoming a loyal customer. To do this effectively, you need to figure out who will use your app, where to find those individuals and prospects, what to tell them, and what they want from you.

 

Today’s mobile devices are pocketable supercomputers, and they become highly effective business tools when coupled with broadband networks and public cloud services. People are shifting progressively from the unconnected globe to the connected one. Around the world people are purchasing and adopting smart devices with superb pace, trying to alter their approach towards lifestyle – changing the way of entertaining, interacting, educating and shopping.

 

Companies are now mobilizing revenue generating streams and procedures. For instance, retail banking is shifting focus on digital-internet banking apps through smartphones and tablets. This move is continuous and is experienced in other industry sectors, where mobile apps empowered smartphones and tablets are evolving and replacing the personal computers and laptops.

 

Smart wearable-wrist band, boot has become a mainstream consumer and enterprise tool. “Data Snacking” is an individual’s capacity to interact with small bits of data, at regular interactions with relevant information on interested topics via smart wearables. This phenomenon will continue to advance as watchmakers cater for smaller wrists and high fashion standards. These devices will also begin to be used as part of multi-factor authentication systems.

 

The mobile app development sector is flourishing and ever-evolving year after year. We are seeing mobile app industry maturing in smartphones and tablets to wearable phones and the Internet of Things. Increased emphasis is now in place on app analytics and mobile app marketing.

 

Mobile app marketing activities should revolve around the three pillars of funnel – customer accretion (addition), customer incitement (motivation) and customer retention. The funnel idea is helpful, albeit customers often go back and forth between phases, so you can also hear this referred to as the “mobile engagement loop.” In fact, each phase needs distinct approach and tactics, and each is needed for a successful marketing strategy for mobile apps.

 

Customer accretion stage explained

This is the first step where users relate with your app. The important question to be answered here is – How do you get them to download and install the app? Of course, the first part of building a cool app is getting people to use it. From a messaging opinion, you need to persuade a potential customer that your app can help solve a concern they have. The channels for sending these marketing messages are listed below:

 

  1. Social Networking Platforms: Undoubtedlythe most popular channel for app download and installation is social. And the most efficient channel is paid social advertising, in specific. An even more efficient channel is to get users of your app to hire their friends as customers once your app has momentum – something like a referral app.
  • Incentivization: A popular approach is to offer a product giveaway, sweepstakes entry, or some other tangible reward in return for an app installation. One shortcoming of using real-world incentives is that users who sign up this way may end up immediately removing your app as soon as they receive their reward.
  • Search Advertizing: Google Play and Apple’s App Store both give in-store advertising that app executives can buy to drive downloads. Ads appear when customers search for app keywords — for instance, advertisements for mobile payment applications may appear when a user searches for “send money.”
  • Cross promotion: If you have more than one app, using one app to encourage another is a useful way to obtain customers. For instance, if your business generates a restaurant database, you can place advertisements in it that refer to your travel app, as consumers who are interested in one might be interested in the other.
  • Listing on App Stores: App stores requires description – text and photo of each app. Writing listing is critical to convincing users to download it. Among other variables, the text in listing impacts whether consumers will see it as they look for applications in your category. Moreover, the reviews and ratings received also impacts the download rate.

In determining the right strategy, it’s important to keep track of Cost Per Acquisition (CPA). Channels like app store listing, or a web page, or organic social posts — is a zero-cost investment, although time consuming. Paid ads can be expensive, though are easier to optimize and scale. Comparative analysis between CPA and customers’ lifetime value determines the worthiness of time and cost investments. And the lifetime value calculation depends heavily on whether you can drive adoption, and then retain, the users acquired.

 

Customer incitement (motivation) –

Once the app is installed in the mobile, the next thing in mind of the marketer should be to keep the customer motivated to use the app. According to research study conducted by Adjust, which analyzed 8 billion app installed worldwide and found that apps gets uninstalled within 5 days from the day of installation, summing up within a week. Entertainment apps gets uninstalled in the quickest possible time, within a days’ time after last usage.

Image Source & Stats Credits to eMarketer

Thus, it becomes quintessential for the marketers to drive an adoption and motivation strategy, so that users are gelled to the app all the time. We list down below the mobile app channels for effective communication:

 

  1. Push notifications: Keep in your mind, to send push notification, may be one notification per day or in case of any important updates. It is very easy to brand push notifications, and one can even specify specific call to action with single tap.
  • In-app messages: Like push notification, in-app messages are delivered to the user while they are using the app. One can place real time updates by tracking active users on the app.
  • Messenger centre: The marketer can leverage passive channels inside the app, the dedicated place to look for important messages and notifications.
  • Welcome messages: There are two approaches to the welcome message, after the first app installation, the marketer can send welcome messages on registration details viz. mobile number and email address. The second approach is to send welcome message when the user opens the app.
  • Onboarding flow: This can be a short video showcasing how to use the app. This can increase engagement and trust. One can also brag about the salient features, and application benefits.
  • Cross-channel marketing: These efforts are focused to send dedicated messages to mobile and email, again the end motive to engage and re-engage.
  • Conversion Incentives: This is a subset to the incentivization discussed earlier, here certain coupon codes can be floated for instance to be used for online shopping on ecommerce site.

Customer retention –

 

Keeping your customers involved is a long-term proposition; retention is particularly crucial because it is a main factor in calculating a customer’s lifetime value, and hence whether your attempts were profitable.

 

User retention is just as significant a factor in the achievement of your product as it informs you what element of your product engaged with your client and what makes them leave your product to another. Here we list down user retention strategies:

 

  1. Coupon codes for discounts: For products they are interested in, send users discounts or coupons. For retail, travel and local apps, these are the most productive. To get them back into the app, use your understanding of what the user expressed interest in before — perhaps even what’s in their cart.

2.    Specific content: Can you provide an exclusive guide for a sports app to build the ideal bracket,     which is only accessible through the app?

 

3.    Featured communication: Let users understand about your recent update or improvement and assist them to use it. For instance, if you just added the capacity to share playlists on Facebook from your music app, let users know.

 

4.    Better Personalization:  You’ve likely learned a lot about them once your customers have been using your app for a while. Can you use this understanding to make your app more useful? If you’ve just restarted your recommendation engine, for instance, send users a push notification inviting them to see their fresh options.

 

Summarizing it all

 

Whatever channel you use, user attention is a valuable resource, and make sure that what you send is valuable and relevant. Be sure to answer these questions whenever you send a message:

 

What is your message’s objective? Is it worthwhile for your consumer?

 

When you receive it, what action do you want the customer to take? This will assist you more efficiently communicate your purpose and better assess its efficiency.

Where does message matter in context? All about context is mobile messaging: time, place, user preferences.    

 

Will you take care of your customer? If you’re a famous and a big popular, sending 20 push notifications a day might be okay. If you’re not so big, you might not even need to send a weekly push notification because your user is casual that doesn’t care about fresh characteristics.

 

Originally published at – http://bit.ly/2Yxonr6

Smart Farming Techniques — Spotlight on site-specific and sensing methods

Sustainable and so additionally economical farming needs precise adaptation to the natural and economic conditions. The irradiation of the sun, the natural water system, the soil properties and the demand of the market simply are not uniform in any respect.

Thus, sustainable and economical farming needs precise adaptation to the varying soil and plant properties within fields. Consequently, farming operations must be adjusted to this in a site-specific way.

Before jumping to the smart farming techniques, let’s read What is Smart Farming — Everything you want to know about it.

 
 
 

1. Electromagnetic Radiation Sensing

Electromagnetic radiation lends itself to wireless sensing of varied soil and crop properties. The premise is often in theory — as well as constituents of soils and crops — can be known by an electromagnetic field index that is derived from its radiation. This electromagnetic index will act as an optical fingerprint of the matter or constituent.

Sensing from satellites or from aerial platforms permits getting maps that gives an outline at intervals regarding roughly a similar time about soil or crop properties from field or wide areas for tactical science inspections. Sensors that are located on farm machines never will do that, not to mention owing to the time it takes to hide a large space.

Yet once it involves the management of site-specific field operations, sensors on farm machines will offer the simplest spatial and temporal exactitude that is attainable. Their glorious spatial exactitude results from the low distance to soils or crops. The high temporal exactitude is feasible since the signals square measure recorded simply in time. this can be vital for those soil- and crop properties that change quick in time.

 

2. Farm machinery precision

 

Georeferencing by Global Navigation Satellite System (GNSS) has opened new possibilities for precise steering of farm machinery on virtual lines within the fields. The guidance takes place either manually with the help of lightbar indications or an automatic approach.

 

In earlier pass direction, each keeps running over the field pursues the individual earlier way balanced by the working width of the machine. In opposition to the present, in fixed-line direction, the courses over the field are not characterized by the individual earlier way but rather exclusively by the principal pass. Earlier pass direction is essential in unpredictably formed fields, while in rectangular fields fixed-line direction ought to be liked.

 

On declines and uneven territories, utilizing more than one GNSS receiving antenna permits to adjust for roll, pitch or yaw of the tractor. Descending drifting on side slants can be checked by latent or dynamic direction rectifications.

 

3. Soil properties sensing

 

Site-specific sensing and detecting of varying soil properties is an essential control for many field tasks. Geology can be mapped rather effectively as a result of other cultivating activities by methods for RTK-GPS (Real Time Kinematic-Global Positioning System). Important data regarding dampness and salinity of soils in a combined mode can be obtained by means of electric conductivity sensing. In humid and damp areas usually, salinity can be left out. So here the electric conductivity is characterized mainly by a mix of clay and water content of the soil. The consolidated impact of these factors is very much identified with the yield capability of soils. Henceforth in humid regions, electric conductivity sensing can supply data that is required for the control of ranch activities as indicated by yield desires.

 

Electric conductivity detecting depends on soil volumes that may incorporate the topsoil just as the subsoil. In contrast, infrared light reflectance senses only soil surfaces and thus may be less illustrative. However, reflectance detecting may send flag at the same time around a few soil properties, for example, surface, carbon content, cation-trade limit and water content.

 

4. Crop properties sensing

 

Detecting of yield by visible and infrared reflectance permits evaluating the chlorophyll concentration within leaves as well as the leaf-area-index. The result of the chlorophyll focus inside leaves and leaf-area-index provides the chlorophyll content per unit field area. Recording this paradigm over and over amid the season gives dependable assessments of the site-explicit yield potential as dependent on past developing conditions.

 

Fluorescent light too can detect the chlorophyll absorption within leaves or the working of the photosynthetic contraption of yields. Infrared reflectance just as warm radiation can be utilized to get data about the site-explicit water supply of harvests. From the backscatter of radar waves, data about the biomass, the leaf-area-index and particularly about the yield species for vegetation arrangement inside expansive farming regions can be obtained.

 

Proximal detection and sensing from farm machines permit direct site-specific control of ranch activities continuously. Then again, remote sensing from satellites offers itself for repetitive recording of fields or bigger areas amid the growing season. However remote sensing and detecting needs radiation that can infiltrate the atmosphere.

 

5. Site-Specific Soil Cultivation

 

Site-specific soil cultivation and development has numerous goals. In primary cultivation, the primary goal is the control of the working profundity. Signals for this control can be consequent from the clay content, the natural and organic matter content, the hydromorphic properties and the slope of the soil. An algorithm cum calculation can combine these signals to control the working profundity. The soil resistance to penetration is a reasonable control signal for detecting hardpans underneath the topsoil, but not for the working profundity inside the topsoil, since it depends generally on the water content.

 

In secondary cultivation, clod size reduction is a significant goal. The site-specific control signals for this can be obtained from the forces acting on a sensing spike of a cultivator. The standard deviations of the forces can make available for appropriate control parameters.

 

In stubble or neglected cultivations either quick or moderate decay of the remains should be aimed at depending on alternations, weather and peril of soil erosion.

With the inception of controlled traffic farming or of unmanned farm machinery will promote crop production and yield.

 

6. Site-Specific Sowing

 

Site-specific control and management of the seed-density will depend on maps of soil texture. The seed-density ought to rise from sand to silt and soil and fall once more towards clay. In this fashion either the yields can be augmented, or seeds can be hoarded.

 

For the sowing depth, the site-specific control and management ought to be primarily based either on texture or on water content of the soil. In regions with maritime climate and consequently frequent rain, the control and management via soil texture appears rational. This could be understood by means of texture maps and adjusting the depth of openers on-the-go by means that of ultrasonic distance sensing.

 

In areas with continental climate and therefore longer dry spells, a control built on the water content of the soil is a decent and optimal. Here a soil dampness seeking control system that adjusts the sowing depth on-the-go to the drying front within the soil via infrared reflectance or resistivity appears reasonable.

 

A unique challenge is that the increasing conflict between no-till with crop residues on the surface and sowing techniques. The trend to smaller row widths to understand yield will increase adds to the current conflict. However, there are ideas on the market which will address this conflict. These are addressed.

 

7. Site-Specific Fertilizing

 

Fertilization aims at providing soils with nutrients for towering crop yields while not adversely distressing the environment. Since in most cases the properties of soils as well as of crops vary amongst individual fields, site-specific fertilization is required. The challenge is to seek out sensing ways that give appropriate signals for the site-specific control and management of fertilizer application. Possible approaches to satisfy this challenge is predicted on:

· Recording the yield of previous crops and therefore the nutrient removal derived from it

· Chemical science (electrochemical) indication of nutrients in soils by ion-selective electrodes

· Sensing the nutrients either in soils or in crops via optical reflectivity.

 

The optimal selection of choice depends on a range of aspects such as e.g. nutrient kind, properties of soils, properties of crops and climate. The last listed methodology — sensing via optical reflectivity — is utilized in a proximal mode from farm machines or additionally in a very remote mode from satellites provided clouds do not impede the radiation. Its use for in-season nitrogen application with proximal sensing from farm machines is turning into a number one technology.

 

8. Site-Specific Weed Control

 

Spatial and temporal variations in weed seedling distributions in fertile fields are analyzed. It is pronounced how weed distributions can be weighed by manual grid sampling and by using sensor technologies from the near array. The probable for herbicide savings using site-specific weed management in different crops is premeditated.

 

Two completely different approaches for site-specific weed control and management are conferred. First, an offline approach built on georeferenced weed distribution maps and next a real-time method combining sensor and patch spraying technologies.

 

The decision rules for patch spraying ought to think about density, coverage and yield loss effects by weed species, its growth stages and the price of weed control. Herbicide reserves using precision weed control varied from 20 to 70 %. Real-time patch spraying is the utmost economical treatment trailed by map-based site-specific weed control and management. Uniform herbicide applications and uncontrolled treatments gave all time low economic return. Many studies showed that weed species distribution remained stable over time once site-specific herbicide applications were realized basis economic weed thresholds.

 

9. Site-Specific Sensing for Fungicide Spraying

 

Especially in wet and humid moderate climates, high yields need the applying of fungicides. Its site-specific application supported the biomass of crops is state of the art. Nonetheless, this method does not contemplate that plant infections in most cases begin and displayed from tiny, initial spots at intervals within a field. So, a sensing technique to notice these ab initio tiny infected spots would be of nice importance for saving fungicides, for reducing harm to crops yet on the surroundings and for permitting higher driving speeds in uninfected areas. Reflecting index of evident and near-infrared light yet as indices of fluorescent light are candidates for detecting these spots.

 

Detecting the fungi in early stages of infection (= latency stage) are often vital for an efficacious treatment, since discontinuing the infection after this time grows more problematic. In this latency phase, the diseases may not be nonetheless visible by human eyes. Plant fungal diseases often change the biological state of plants either by means of the photosynthesis or by the establishment of subordinate metabolites like phenols. These changes are often detected within the smartest approach by optical sensing. Herewith fluorescence (visible light) could be a sensitive methodology with the potential of detecting changes before infections are visible by human eyes.

 

10. Site-Specific Recording of Yields

 

Site-specific recording of yields, conjointly referred to as geo-referenced yield observance and monitoring, contributes to site-specific precision farming ideas and concepts by delivering elementary / fundamental information concerning the variety of the yield potential. It is feeding back the results of site-specific management on yields and permits to calculate the exports of nutrients.

 

In the early 1990s it started with mix of harvesters and incessantly operating systems for recording yields together with the position of the machine. Attempts were made to see site-specific yield of manually harvested cultures like oranges, apples or coffee. Testing procedures to see the accuracy of material flow sensors and yield measuring systems in the lab and in the field are now standardized.

 

Systems for the site-specific recording of yields in combine-harvesters, forage choppers, and cotton pickers are accessible at the market. The adoption of skilled farming is concentrating on combinational crops. Efforts are required to form systems accessible for all necessary crops, to integrate the sensing of essential crop ingredients and to standardize knowledge formats also as algorithms for data filtering and data analysis.

Originally published at - http://bit.ly/2TVYzEe

Top Emerging Use Cases for IoT Data Analytics

The true value of IoT lies in analytics rather than hardware modernity in new sensor, mobile and wireless technologies. IoT and Data become inherently linked together. Data consumed and produced keeps growing at an exponential rate. This inrush of data is fueling widespread IoT adoption as there will be 30.32 billion IoT connected devices by 2020. The internet of things (IoT) is a network which connects several devices by the internet to achieve a goal. There is innumerable IoT application development carried out in various sectors and have succeeded in providing huge benefits to the users.

Data generated by the IoT devices are useful only when if it gets subjected to analysis, which brings data analytics in the picture. Data analytics is defined as a process which used to compare big and small data to extract out the meaningful conclusion and actionable insights. These insights are in the form of statics, trends, and pattern that aid business organization to implement an effective decision-making process.Here we discuss to help you understand how IoT analytics enabling transformative business opportunities.

Importance of IoT analytics: Firstly, it’s important to understand about the analytics on IoT involves datasets generated by the sensors, which are now cheap and sophisticated enough to support a seemingly endless variety of cases.The ability of sensors determines by the capability of gathering data about the physical environment, which can be analyzed or combined with other forms of data to detect patterns.

Use Case #1: Analysis of Consumer Products for MarketingIoT has the potentials to rewrite how businesses think of their customer. This becomes possible by analyzing the data on how the consumer uses a business internet connected products.

This data is correlated with the social media data to determine whether a consumer who brew coffee is more likely to be actively discussing the brand on social media and the vendor also see the variation in the amount of brewed coffee by consumers correspond to the number of coffee capsules also sold by the vendor.

Use Case #2: Serving Business Users and Consumer with the Same AnalyticsThe analytics on IoT data is the potential for analytics to be both on consumer facing and business facing at the same time.
For instance, a client selling smart meters that don’t require a meter reader. They sell smart meters into a state and country governments as well as private energy providers, so that it detects fraud on the meter data. In another way, is consumer oriented, as the analytics enable portals for consumers to manage their energy consumption, see how much they’re over and under other households in the neighborhood, switch appliances on and off to determine how they impact energy usage etc.

Use Case #3: Video Analytics for safety and Surveillance
Video analytics is an important enabler of any strategy to substantially improve the level of security. It acts as intelligent as the brain of a security system, using metadata to add sense and structure to captured video footage. Now each network video camera becomes intelligent, enabling them to understand what they’re seeing and alerting guards to any potential threats the moment an alarm rule is met, significantly increasing security levels.

Use Case #4: Sensors and Cameras Enable Connected EventsOne of the most attractive domains in IoT analytics is emerging fields of social analytics which include sensor data, video data, social media data, etc. to gain effective insights into the personalities of single and groups. Connected events are once in which large-scale sensor deployment is assisted with understanding and enhancing the experiences of participants.

Summing up: The utilization of data analytics is promoted in the area of IoT to gain improved revenues, competitive gain, and customer engagement. IoT analytics is fully managed service that analyzes and support data and build fast, responsive IoT applications without managing hardware or infrastructure.
IoT App Development

Originally Posted at- http://bit.ly/2Y40nw4

IoT App Development - Benefits and Future Scope of Blockchain in IoT

IoT's tremendous specialties are becoming popular every day and we already know about the convergence of IoT with AI. Now, the blockchain empowers the progression of the IoT app development to enhance security and bring IoT eco-system transparency. The Internet of Things and Blockchain are two topics this is not in the technology but also in the wider business world create a lot of excitement.
 
According to the IDC, 20% of all IoT deployments will enable blockchain based solutions by 2019.
 
Blockchain is already booming in banks and financial institutions with fintech technology. Besides the financial institution, numerous businesses will welcome in their services the opportunity of blockchain. We need to comprehend the techniques that we are talking about before we go on:
 
Blockchain - Blockchain is a system to manage distributed ledgers where the characteristics of traceability, auditability, and collaboration in a secure fashion are required.
 
Internet of Things- IoT is a network of intelligent physical objects and things that have the capability to connect to a network to be able to send and receive data.
 
The idea of emerging these two technologies could lead to a better verifiable, secure and permanent method of data recording processed in the IoT by "smart" machines.
 
Significant Benefits of Blockchain and IoT:
 
1.     Trust Building: IoT blockchain enabled devices to participate as confided in parties in exchanges and communications. For example, Party A does not know Party B information and may not save the lasting record of exchanges and device data in the blockchain unquestionably.
 
2.     Increased Speed of Transaction: The main advantage of blockchain in IoT is to increase transaction speed and transaction consistency. Digital data is easy to encrypt, making digital currencies easy to receive, trade and store.
 
3.     Cost Reduction: Disposing the IoT gateway and minimizing overhead processing from the system is important for the IoT edge devices. Similarly, data exchange and device data are directed to P2P base, evacuating any additional traditional overhead expenses protocol, hardware, or correspondence.
 
4.       Scaled Security for IoT: IoT can gather huge information through its countless connecting devices and this information must be kept secure, blockchain plays a key role in data security. Blockchain has powerful, design-built data protection that should stop a sensitive device from transmitting fake information or disrupting a home, factory, or even a town.
 
Future Blockchain Application in IoT
The IoT blockchain application's future is bright. According to the IDC study, it is estimated that blockchain technology will include as much as 20 percent of IoT deployments by 2019. There are also promising ways to improve supply chain management by using blockchain.  
 
Conclusion:  The blockchain is still similar to a few years ago's internet of stuff. Internet use has altered totally. In essence, by implementing fresh norms of information transparency and peer-to-peer interaction, blockchain can add a whole fresh aspect to the Internet.
Originally posted at - http://bit.ly/2F0OqQm

Future of Custom FinTech Application Development in The FinTech Space

Illustration for article titled Future of Custom FinTech Application Development in The FinTech Space The financial sector is reshaping in a new form by replacing old banking and financial traditional with the introduction of technology in the financial sector. Moreover, Fintech has innumerable benefits which can help the financial services to optimize their workflow and provide better customer experiences to retain their customers for a long period of time. Benefits that enhancing customer experiences is one of the important factors of adopting technology in the financial landscape. For developing robust fintech apps now banks and financial organization are seeking to hire leading FinTech app development companies who are capable to develop custom-fit trading application or software system tailored to meets their specific requirements. Experienced programmer caters startups to exploit information in an innovative way by leveraging big data analytics and modern tech tools. But due to enormous competitions in the financial market. It is now a challenging task for the developers to build tailored digital products powered with the cutting-edge technologies to offer the best services to their target audience and fulfill their customer specific requirements.

 

Let’s here discussing some promising technologies which can held the responsible to form the future of fintech custom software development.

 

· Complete Transparency with Blockchain Trading Platform - Blockchain is the hottest topic in the tech-savvy world, everyone is talking about it. Blockchain offer secure and transparent platform which makes an easy transaction. One of the biggest anxiety surrounds to the digital payment is data security, time and heavy processing fee. Blockchain has introduced in the fintech to provide the right solution with its decentralized platform for brokers and traders in an aim to save their time so that they focus on important investment matters.

 

· AI is helping FinTech to Make Better Custom Fintech Software: AI has transformed the fintech in an innovative way. It helps programmer to build personalized digital products based on an evaluation of several amounts of data. The ai-driven platform helps the fintech for better understanding of customer behavior. AI will be the future leading platform in the further development of customized financial tools and solutions. AI also helps investors to get more interest and helps in managing their savings and advise in investing at the least possible cost.

 

· Robotic Processing Automation: Robotics processing automation is the use of machine learning and AI to handle high-volume tasks which includes calculations, maintenance, and queries of transaction and records.Robots saves time for financial services provider and traders as they can perform the repetitive task and complex task to streamline and help to optimize their workflow.

 

· Biometric Technology for FinTech Security: Biometric technology has spread its wings in the banking and financial organization by making money operation like instant zero balance account selfie and cash withdrawal with an initiative by banks. Biometric technology tool is hack-proof, and this is the reason it is considered in modern technology to shape the future of custom Fintech application development in the Fintech sphere.

 

· Mobile Friendly Products to Make Payments Instantly: As people spends most of the time on mobile phones, so many industries are incorporating digital platform to their services. The banking sector is no different, the banking sector has been quick to move on mobile apps. App development becomes the latest trend for the trading sector as it allows the programmer to develop products which simplify the investment process. Moreover, Mobile payments are the major driving force as it transformed the fintech software market and will continue in the future also.

 

Conclusion: Fintech industries are continuing to make financial services easily accessible to more people. It will continue to expand their services by emerging new and fruitful technology like blockchain, AI, Machine learning, biometric and other technology in Fintech to enhance their financial areas such as payments, loans and saving management.

 

This blog has been taken from the resource -http://bit.ly/2EbBQ0h

Can Robo Advisor Complete Replace Financial Advisor?

Robo advisor is considering the future of financial services by their fans, but can computer algorithm really replace human financial advisor? Robo advisor is less expensive than traditional advisor so, many financial companies are threatening to steal customers from traditional advisors while also helps in the growth of wealth management and financial management sector. When you truly look closer to the difference between Robo advisor and human financial advisor then you feel that Robo-advisor could never truly replace human financial advisor.

 

How Do Robo-Advisor Work?

 

Unlike human financial advisor, Robo-advisor uses digital platform that uses an automated algorithm to provide investment advice. You will typically guide through an online questionnaire to determine risk tolerance. An investor fills the online form by detailing their current financial situations, monetary goals, and financial preferences. Then Robo-advisor analyzes the user data and dispenses the investment advice accordingly.

 

Advantage of Robo-Advisor:

 

  •     Automation:Robo advisor is good at ongoing automated tasks such as tax loss harvesting and portfolio rebalancing.

 

  • Transparency:Services is available 24*7 hour with an easy sign-up process and powerful analytics software.

 

  •  Lower Costs: Robo-advisor cost a lesser amount than a human financial advisor. They build portfolio using low-cost mutual funds.

 

  • Lower Barrier:Most financial advisor requires a minimum investment of $100000 or more to open an account while Robo-advisor requires minimum as zero.

 

Disadvantage of Robo-Advisor:

 

  • You can’t choose your own investments: If you’re an investor who seeking an extremely diversified portfolio for investment choice, then you might not a good candidate for the Robo-advisor.

 

  • Frequent Rebalancing might Hurt you: All Robo advisor rebalance your account. When you start investing, the digital advisor assesses your risk comfort and then creates an asset allocation plan. Some Robo advisor rebalances daily, other monthly, quarterly or other frequency. Excessively rebalancing causes many transactions and the high fee which might disturb your expenses.

 

  • Limited Contact Method and Hours:  Many Robo-advisor offer e-mails, text contact, and chat box. Other have limited phone hours and some Robo advisor isn’t accessible on weekends which is a problem for the person who works during weekdays and attends investment only on weekends.

 

Following reason which confirms that Robo-advisor can’t completely replace the human financial advisor:

 

  • Money is an Emotional Matter:Human advisor’s ability to provide emotional guidance. By meeting clients face to face they allow us to provide better behavioral coaching and hand holding. They also help us in developing positive budgeting and wealth management habits that lead to long term financial security.
  •  

   Unique Financial Situation: Human financial advisor provides personalized counseling and guidance to help the client in long term financial success. While Robo-advisor not able to personalize as it based on a computer algorithm to determine assets allocation.

 

  • It’s More than Just Investment: Robo-advisor only provide portfolio rebalancing and tax loss harvesting but they don’t provide complete service that human financial advisor offer. The human financial advisor offers innumerable strategies that consider changing life circumstances. They provide compressive financial planning which includes estate planning, retirement, insurance and much more. 

Let’s Wrapping: Robo-advisor is gaining media attention; they aren’t here to replace the human financial advisor. It is beneficial for beginner investors with limited assets, but they lack the full range of financial services that would be provided by the human financial advisor. As with any life choice, an investor should figure out what type of investment they require and select a Robo-advisor or human financial advisor to suit his individual style.

 

This blog has been taken from the resource- http://bit.ly/2PQsX0Z

Top Biggest Challenges of IoT App Development 2019

The IoT app development continues to its swift and steady rise in the industries. The market requires robust, high-quality, scalable, secure and user-friendly solution and the IoT development teams must reevaluate their workflow and procedure to take everything into account. Here’s a list of development challenges for IoT project that you might be facing while developing IoT apps.

 

The IoT will change your organization and business more than your imagination. Connecting devices are capturing the market in all estimates and generate good revenue, customers are happy, and businesses are rapidly growing. IoT technology is improving the way of people lives but with we all know nothing is perfect in this world so, IoT has also some issues left to resolve, and R&D team is making improvements and in the forthcoming years it will be free from major issues.

 

IoT Issues Developers StumbleUpon:

 

The demand for IoT is worldwide, due to this the competitions between the IoT startups and well-established software company has begun. Everyone wants to be on top to provide their services out of the box, for this programmer constantly looking for new practices and updated protocols. Let’s have a look at what challenges programmer need to face to provide robust IoT app solution.

 

  1. Operating System Considerations: Before development of IoT apps, developers must be aware of the several factors which needs to be considered while developing IoT apps. Unlike traditional desktops, IoT apps have small memory capacity and less powerful. This means developers needs to select operating system according to the compatibility of the devices and the requirements for its functionality.

 

  1. Choose the Right IoT Platform: For every development, developers want to develop from the scratch. Why reinvents the things? That’s where IoT platforms come in handy since they offer a combination of tools to brings your physical objects online. The IoT platform are big and more complex, so make sure you choose wisely, your preferred platform should provide:

 

 

  •  Usability
  •     Easy Integration
  •  Security
  •  Connectivity
  •  Scalability

 

  1. Choosing Gateway: Gateways are the key to connecting multiple devices. Several devices have different connectivity protocols: Bluetooth, Wi-Fi, serial ports, Zigbee and have various energy profiles. Gateways are located between the connected devices, IoT sensors and the cloud, so the entire ecosystem depends on them.

                                           Modern intelligent gateways are commons from the top gateway providers giants that makes developer’s lives easier.

 

  1. Total Control Over Quality:  Quality assurance is also the most important aspects in IoT. Since IoT devices is not only used for temperature control in ware houses but also for insulin pumps, testing should be done well.

 

          Security testing in the software development process from the very beginning. To optimize the process, look for the modules that no need of testing with every release. Find the protocols that have already undergone security testing and will remain unchanged for the next few releases.

 

  1. User-Friendly Design: Consumer IoT design must be simpler as possible, as nobody interested to read the manual to update the smart watch. User friendly design is also important for IoT start-ups as they should focus on data visualization and fast decision making.

 

Bottom Line: Despite IoT technology is growing quickly, the internet of things development has yet to resolve few issues. Particularly, we now improve the security of IoT apps and their cross-platform deployment. However, since IoT is a relatively new field, the standards are still a work in progress.

 

This content has been taken from the resource- http://bit.ly/2vAE3h2

What is the IoT, and why is it important?

Internet of things is going viral nowadays both in the workplace and outside of it. IoT has a great impact on our daily lives, it completely transforms the way we used to lives. IoT is increasing the growing topic in between the several vertical of the industries, but still many people not completely aware or realizing of the things they do is just because of IoT. From Traffic signal to automatically brewed coffee ready on your table before reaching home, these become possible by the IoT. Before going further, let’s discuss the basics of IoT?

 

What is the Internet of Things (IoT)?

 

IoT is an ecosystem which connected millions of devices through the internet. Those “connected” things are used to gather information, send information back, or both. IoT allows people and business to be connected more around the world and do the needful things and a higher level of work.

 

In simple words, we would say “IoT means taking all the things in the world and connecting them to the internet”. IoT adds a level of digital intelligence to the devices that would be otherwise dumb, enabling them to communicate in real-time without the interaction of humans.

 

Why does IoT is important?

 

IoT is more important in the world as it fills the gap between devices and humans and provides a complete solution to every problem in the world. In the earlier we had computers that knew everything -using data they gathered without any help from us – we would be able to track and count everything, and greatly reduce waste, and cost. We would know when things needed replacing, repairing or recalling, and whether they were fresh or past their best. But now it’s time to empower computers with their own means of gathering information, so they can see, hear and smell the world for themselves, in all its random glory. This is precisely what IoT platforms do for us. It enables devices/objects to observe, identify and understand a situation or the surroundings without being dependent on human help.

In the internet of things, all the things that are connected to the internet can be consider into three main categories:

 

  • Things that collect information and then send it.
  • Things that receive information and then act on it.
  • Things that do both.

All of three categories having their own benefits that feeds on each other.

 

How IoT works?

 

IoT aims to connect multiple devices at a time to the internet and thereby facilitating machine to machine and machine to human’s communications. IoT is not limited to a field but has an impact on many areas such as home automation, smart cities, transportations, retails and much more.

 

IoT works through the below main fundamentals components, which tell us how IoT works:

 

  1. Sensors/devices: Sensors or devices helps to accumulate the data from the surrounding areas. All this information has their several degrees of complexity from a simple temperature monitoring sensor or a complex full video feed.
  1. Connectivity: The collected data send to the cloud via a medium, sensors connected to the cloud through innumerable mediums of communication and transports such as cellular networks, satellite networks, Wi-Fi, Bluetooth, wide-area networks (WAN), low power wide area network and many more.
  1. Data Processing: Once the data is accumulated and it gets to the cloud, the software performs processing on the acquired data.
  1. User Interface: Depending on the IoT application and complexity of the system, the user may also be able to perform an action that may backfire and affect the system.

Let’s Finish it: With this blog, we learned that how IoT works and an entire IoT system. IoT is high on demand in the industries but most important to develop the right IoT app which helps in your business and generate more revenue. Hire the best IoT app development company which transform your idea into reality.

This blog has been taken from the resource- http://bit.ly/2VBcAKW

How can Machine Learning and AI Enhance to Fintech industry?

Fintech, a mixture of the words “financial” and “technology” is utilized to elucidate new school that seeks to boost and alter the delivery and use of economic services. Global investment in financial technology has exploded in recent years, making the Fintech apps a multi-dollar industry.
 
It is improving the currently existent financial services by using some form of technology. For example, By using this technology organization can have benefits of low cost to speed up certain processes or automate an entire process by cutting down manpower.
It describes a spread of monetary activities, like cash transfers, depositing a seek advice from your smartphone, bypassing a bank branch to use for credit, raising cash for a business startup, or managing your investments, typically while not the help of an individual 
Categories of users for Fintech:
  • B2B for banks and their business clients
  • B2C for small businesses
  • Consumers.
Advantages of Machine Learning in Fintech: Machine learning is playing an important role in Fintech app development and becoming more apparent by the day. It offers a new level of services for financial forecasting, customer service, and data security.
 
Fraud Prevention– It is a big responsibility to protect your clients against fraudulent activity. To win the war against financial fraud, Machine Learning offers a solution that can easily analyze a high volume of data and identifying and preventing financial fraudulent transactions. machine learning algorithms can block fallacious transactions with a degree of accuracy not even attainable with complete AI
 
Risk Management-Machine learning improves risk management and additionally helps to spot current market trends and relevant things which will have an effect on a client’s ability to pay. Machine learning in financial services provides solutions to those and lots of alternative risk considerations.
 
Network Security– Machine Learning suited for protecting financial data. It is a very big challenge to identify the cyber attack. To meet the security menace financial establishments now face requires advanced technology. Machine learning security solutions are unambiguously capable of securing the world’s financial data. The power of intelligent pattern analysis, combined with big data capabilities, gives ML security technology an edge over traditional, non-AI tools.
 
Advantages of AI in Fintech Industry
 
Artificial Intelligence is playing a very important role in Fintech Industry. It enables Fintech to occur in real time and create deep personalization and also completely changed the business model of Finacial services. AI’s ability to analyze large amounts of data faster and more effectively than a human and offer a more complete picture. Feeding the users’ knowledge to advanced machine learning (ML) systems will assist you to train the algorithms to optimize and automatize several routine tasks. the application of AI in finance spreads across several areas, from personal banking to investment, plus management, and insurance.
 
Artificial intelligence enables FinTech to occur in real time: FinTech prioritizes money inclusivity. To attain this, real-time play a crucial role in FinTech’s easy adoption as people with a smartphone gain access to quick, personalized and customized financial services.
 
Deep personalization: Deep personalization in monetary services permits FinTech to foresee customer needs without the consumer having to act themselves. As artificial intelligence and machine learning beget and process individuals financial and nonfinancial data. Artificial intelligence also helps assess lenders and debtors to speed up financial service processes and improve the customer experience. Due to foster the new type of relationship with the consumer at scale, AI redefines the concept of real-time and applies it to finance.
 
Financial service speed: It improves the customer’s financial services experience helping people to do their work easy & faster. The applications such as mobile payments, Luchang Zheng recognizes, amend the efficiency and accessibility of economic transactions while quickening the pace of financial services. As people entail quicker money activities, FinTech is pressured to meet time demands by prioritizing that financial services are conducted on a real-time basis.
 
New financial services business model: FinTech is a business model innovation. As financial technologies prioritize information technology to innovate financial services, the Fintech application development must also become more innovative to keep pace with an increasingly more technological sector. Technology enables FinTech’s business model. FinTech’s fifth pillar, digitization, is central to its business model. Digitization has changed innovators like disposition club to exploit a technological approach to monetary services and ultimately enable FinTech to be a class inside the working capital world. Technology has helped FinTech corporations to determine new business models as payment transactions occur by mobile phones and venture capitalists invest in monetary technology corporations.
 
AI assists regulation to mitigate risks: Artificial intelligence and Machine learning both strive to minimize errors. Currently, Artificial Intelligence only identifies strong signals. But to give AI a greater regulatory role in anticipating risks, systems need to capture weak signals as well. AI systems ought to establish smaller, underlying signals that don’t seem to be primary drivers nowadays, however, may become sturdy signals and risks tomorrow. By doing thus, computer science can apply its prophetic powers to monetary regulation.
 
Conclusion: AI and Machine learning both are playing a major role in Fintech industry to change the model of financial services & moving it to the new level of the business model where it is helping industries and human to secure their data and process faster.
Why are we waiting to invest in Fintech Industry to take it one step ahead?
 
This content has been taken from the resource- http://bit.ly/2VumG0l