Building a 2021 Budget for Your App Development

No matter the industry, businesses have found that mobile apps have revolutionized the way they market products, make sales, and interact with customers. As more companies jump on board with an application idea, here at Charter Global, we often get asked this common question: “How much does it cost?”

 

 

There are thousands of software development companies out there that can help you build your application. Each with different experiences, varying waitlists, and unique price points, which means that the cost of building an app can differ a lot. While some software development teams will cost more than others because of the knowledge and experience they bring to the table, newer developers will most likely be able to work with smaller budgets.

 

 

What Am I Getting for my Money in App Development?

 

 

Creating a successful app is a lengthy process and understanding the different phases explains why it can be expensive. The needs analysis (i.e., identifying an opportunity) is first in the design and discovery phase. Secondly, it is defining the objectives, such as what is the function of the app and what business processes will support.

 

Next, the development team and the client meet to determine the scope of work (SOW), to identify the business requirements, technical requirements, and to ascertain if the two teams are a good fit to move forward with the endeavor. This is followed by researching the market and planning out ideas to develop the strategic framework.

 

Once the app starts to come together and it is interacting with APIs, rigorous testing is done to ensure there are no bugs or critical issues with the overall plan. Designing the app to specific criteria of the user experience (UX) is paramount! After the app is launched, the highest priority is the on-going support team to provide, maintain, and updates because you want your app to continue to be successful and in demand by your customers.

 

 

What Can Change the Total Cost of my Application Development?

 

 

There are quite a few different things that will impact how much your business will spend on developing its app. The decision of whether to use an in-house team or an outsourced company will affect the bottom line. An outsourced team can be the less expensive route and maybe the right choice for most companies. However, a highly niched business may want to use a specialized developer within their field, which will increase the price. Whether your business is in need of a simple or a complex app, the need for on-going support and updates will also have a major impact on the final cost.

 

 

What Should I Budget For?

 

 

Keep in mind, what you pay for in the software developing world will determine the quality of the application you receive in the end. While basic applications can be created for less, a complex application will be more expensive depending on the integrations, APIs, maintenance, support, and the operating system is used.

 

 

Let our expert consultants at Charter Global help you determine just what to expect, so you can begin to develop a strategic plan and forecast your fiscal budget for your 2021 application development! schedule a consultation with Charter Global to find you the perfect fit.

 

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3 Ways to Achieve Business Goals with Automation

In today’s digital age, automation goes beyond conventional data management to advanced software systems and programs that incorporate all business processes. It typically simplifies and stimulates customer services and allows businesses to reach a new customer base. Business Process Automation enables companies to deploy technology to streamline their processes efficiently. It has the potential to maintain control over complex issues like sales, customer relations, analytics, planning, standardization, and development.

It also assists in minimizing operational costs, while freeing up the workforce to perform higher-level tasks that add value to their companies. As businesses these days are turned to work from the home model due to the COVID-19 outbreak, establishing a solid foundation for continuous business processes will be indispensable. Businesses must explore the opportunities automation technologies introduce while understanding where hyper-automation in their portfolio can benefit.

Business Automation supports leaders’ knowledge as well as workers, significantly improving decision-making and customer interaction. Reports show that companies that have been successful in developing core elements of their next-generation operating model have witnessed game-changing improvements in their business processes, along with cost-effectiveness and customer satisfaction, retention, and acquisition. However, it requires a coordinated and collaborative approach from business leaders and executives at every level within an organization.

Moreover, using automation to streamline business operations provides companies the scalability and agility to handle changes in market conditions. This will enable them to procure and train new employees, and give businesses the ability to have better control over costs and meet customer demands on time. Automation also supports companies in improving the accuracy of many business operations, such as from invoicing to accounting and order processing to inventory management.

Here we’ll take a look at three ways in which you can achieve your business goals by using automation, from simple automation to that using machine learning:

https://www.charterglobal.com/reaching-your-q4-goals-with-automation/

Enterprise Mobile Application Development Strategy – Charter Global

Charter Global offers enterprise mobile application development to help companies streamline their workflows, increase employee productivity, enhance customer experience, and ensure convenient and quick user access to the corporate knowledge base. We develop enterprise mobile apps securely integrated and synchronized with existing corporate databases, applications, and systems.

Our Strategy Consultants provide end-to-end mobile solutions with great user interfaces and seamless experiences. They are built with the discipline of enterprise scrutiny, increasing workforce productivity, and efficiency.

The following is a list of detailed services Charter Global offers to help your organization succeed in 2021 and beyond!

https://www.charterglobal.com/enterprise-mobile-application-development-strategy/

What are the key benefits of enterprise mobile application development to growing companies?

Mobile applications are one of the robust key factors that would play a strong role in hiking the revenue and the profit of the company. Some of the key benefits are listed below.

Marketing

Marketing is one of the biggest outcomes that one will get from developing mobile software applications, fine and quality apps are always welcomed by the users and this will make a huge difference in the profit. This helps to reach the company to places.

Profit

This plays a major role in introducing mobile application development in the companies where the mobile apps will provide a guaranteed profit for the company. As the application is based on an enterprise, then there would be a lot of customers who would use it, which would help in the revenue.

Added Advantage

Mobile application development will be an added advantage for companies as they will be required by many of the enterprises to make the tasks simple, which had been done in the complex manual way.

Learn more about technology solutions from Charter Global:

https://www.charterglobal.com/technology-solutions/mobile-application-development-services/
       
Conclusion

A successful enterprise mobility strategy needs sufficient planning and coordination within your business. But it can become a cornerstone of your company’s digital transformation journey.

Prepare a strategy that’s right for your business in 6 steps:

1. Define your business needs
2. Conduct research and perform competitive analysis
3. Set strategic goals and objectives
4. Choose the right mobile experience and platform
5. Create a plan for continuous delivery
6. Outline a security strategy and incorporate governance policy

Enterprise mobile solutions will deliver significant ROI for your business:

1. Increase market share
2. Improve staff productivity
3. Reduce operational costs
4. Provide real-time access to data
5. Enable multi-channel collaboration
6. Identify the unique selling proposition (USP)
7. Level the competitive landscape

What goals do you want to achieve with your enterprise mobility strategy? Do you need help creating your enterprise mobility strategy? Contact our experienced mobile app development team today to schedule your free consultation

Machine Learning: Benefits to Business – Charter Global

Machine learning (ML) extracts meaningful insights from raw data to quickly solve complex, data-rich business problems. ML algorithms learn from the data iteratively and allow computers to find different types of hidden insights without being explicitly programmed to do so. ML is evolving at such a rapid rate and is mainly being driven by new computing technologies.

Machine learning in business helps in enhancing business scalability and improving business operations for companies across the globe. Artificial intelligence tools and numerous ML algorithms have gained tremendous popularity in the business analytics community. Factors such as growing volumes, easy availability of data, cheaper and faster computational processing, and affordable data storage have led to a massive machine learning boom. Therefore, organizations can now benefit by understanding how businesses can use machine learning and implement the same in their own processes.

Business Benefits of Machine Learning

ML helps in extracting meaningful information from a huge set of raw data. If implemented in the right manner, ML can serve as a solution to a variety of business complexities problems, and predict complex customer behaviors. We have also seen some of the major technology giants, such as Google, Amazon, Microsoft, etc., coming up with their Cloud Machine Learning platforms.

Some of the key ways in which ML can help your business are listed here –

https://www.charterglobal.com/benefits-of-machine-learning-to-enhance-business-solutions/

In our ever-changing global economy, being able to analyze the market trends and anticipate customer demands is absolutely crucial for a company to be successful.  Charter Global offers machine learning services to enhance your business solutions, increase your market share, and place your company at the top of the industry.

Learn more about technology solutions from Charter Global:

https://www.charterglobal.com/technology-solutions/machine-learning-development-services/

A wide range of industries and sectors are currently taking advantage of the many benefits of machine learning systems to introduce innovations, increase service delivery, and promote productivity in operations.

For example, Machine learning can be used to consume large amounts of standardized data that will constantly review sales, inventory, and consumer demand to develop marketing strategies, trends, and fiscal forecasting based on customer behavior patterns in real-time.

Conclusion

Machine learning is helping businesses increase sales and plan for the future. That's one reason why companies of all sizes have begun collaborating with Python web development companies to find experienced data scientists and to build software that promotes growth through technology.

AI-driven software is already being used to increase efficiency and boost sales in the manufacturing and logistics industries. In addition, retail companies are working with Python development services to build custom software that analyses consumer data to improve sales and increase customer loyalty.

Finally, developments in natural language are expected to have a major impact on consumer devices and businesses alike. AI-driven personal assistants are already helping corporate employees save time and increase the quality of their work.

The Right Way to Handle a Termination

As with layoffs, it is recommended to consult with a legal advisor before terminating an employee. The following steps can be taken to begin preparing for mediation.

 

1. Document Poor Performance and Offenses.

 

The best way to track an employee’s progress or regression is to record their performance or offense throughout their tenure with the company. Sometimes this can be tricky because the frequency question needs to be answered first. Is this behavior a one-time occurrence or has it become a trend? Written documentation can be used as evidence of poor performance or misconduct, as opposed to a non-discriminatory reason.

 

An employer usually does not need to issue an official letter of termination of an individual’s employment, but it is advisable to document the termination in writing, including the reasons for termination. In the US, the EEOC Regulations require that all personnel/employment records be kept on file for at least one year.

 

2. Consider employment laws and legal protections.

 

Prior to termination, the employer must analyze the company’s policies and the specific contractual obligations with an individual employee, if applicable. Federal, State, and local laws/regulations must be observed, especially if the employee is a member of a Union, which may limit or guide the termination, due to the collective bargaining agreements.

 

This analysis will help determine the legal obligations and maintain regulatory compliance within the termination process.

 

3. Prepare for termination.

 

Establish a standard procedure for how the company terminates an employee. It is highly recommended to hold this mediation meeting in a private office or conference room. Do not hold this discussion in a public area. It is best to have two employer representatives in attendance (e.g., one HR representative and one hiring manager). Prepare what each member wants to say at the meeting and make any legal documents or notices available to provide to the employee, such as a termination of employment letter.

 

A termination letter or sometimes called a “closing” letter usually contains information about the effective termination date, the reason for the termination, information regarding unemployment benefits or severance pay (if applicable), and health coverage continuation, such as COBRA details.

 

4. Discuss the Termination with the employee.

 

Discuss the termination process with the employee in a respectful and professional manner, using clear and concise language. Provide them with the termination letter and all of the applicable supporting documentation. Collect their company property, give them their final paycheck (including earned or unused vacation or sick pay), and remind them of any legal obligations such as non-disclosure agreements. Finally, wish them well in their future endeavors.

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How Often Should You Update Your App?

So, your mobile app is now built and available in the app stores. Users are downloading it, using it and you are receiving feedback from happy clients. But what’s next?

The journey has just begun! It is now time to think about maintenance for your app (if you haven’t already) and about the next versions (iterations).

But how often should you update your application and why?

Why Is It Important to Update Your App?

The app market is constantly evolving. The expectations of apps keep getting ratcheted higher and higher. New technologies are emerging and operating systems are being improved.

If you don’t want your app to appear tired, obsolete, or dead, you should take care to update it regularly. And, by the way, regular updates are a great way to keep users interested and engaged.

Here are the most common reasons why you should update your application:

#1 People love novelty:

People love new features in their apps so you should regularly offer your users interesting and helpful app updates. Plus, by updating your app, you have a great excuse to send pop-up notifications to show your users that you care about their requirements.

#2 Remove or replace everything that has lost relevance:

Mobile apps get outdated over time. This is inevitable due to the constant evolution of mobile tech. It’s important to select any old and unnecessary elements and remove or replace them with new, up to date features or information that meets the users’ needs.

#3 Date of the last update:

Users can always see when the application was last updated on Google Play or App Store. If your mobile app doesn’t have frequent updates it will lose credibility.

#4 Improvement of the user experience:

Improvements, based upon user feedback, mean that the app is always providing greater utility to the user. The app becomes more relevant, more engaging, and more useful. The more closely aligned the app is to audience requirements, the more it will be used and the more revenue it will generate.

#5 Increase Downloads:

Constant maintenance positively impacts the rating of the mobile app in the markets. This makes it easier for users to find and more likely to be downloaded.

Conclusion:

Whether you intend to make spontaneous changes based on market trends, scheduled updates, or both, it is important to have a strategic plan. Create an action plan for app updates, and ensure that you deliver on schedule. Having a plan is critical to keeping your app fresh and safe as you continue to make improvements.

Considering the speed at which the market evolves, there is no time for long, complicated processes in order to make app updates. Regular, incremental updates, based upon client-based intelligence work best.

At Charter Global, our team is highly skilled in mobile app development. We have a huge experience with long-term and successful projects. So, if you think it’s time to maintain and update your app, don’t hesitate to contact us for a free conversation with our experts!

5 Ways to Use Artificial intelligence (AI) Right Away for a Success Business in 2020

Artificial Intelligence or sometimes called “machine learning” is growing rapidly within many industries, due to the complex benefits associated with this new technology. From restructuring administrative activities to improving marketing campaigns, there are countless ways to increase AI productivity and efficiency.

Here are five reasons more than half of the employers are interested in artificial intelligence.

1. Learning and Development

Through AI, you can train more people and improve their learning experience. Gaps in knowledge can be identified and resolved efficiently through AI assessments and training (i.e., turning downtime into productive learning-time). Your team will be more confident in doing their jobs and more prepared than ever. Soon, you will see how a person in the organization grows and improves, which will motivate more people to embrace this learning opportunity

2. Automation of Decisions

Creating credibility is the key to successful AI implementation. AI makes expedited decisions based upon the established criteria and can free-up valuable time for your executive team. For example, if you do not have time to speak to every incoming request from your website, an AI Chatbot is able to accomplish the initial communication process and identify a filtered list. This will enable you to efficiently focus on the most qualified leads.

3. Pattern Recognition

Data analysis is enhanced by recognizing patterns within structured data. AI’s can make this process effective and efficient by analyzing items such as systems traffic data, CRM data, etc. The results of vital and classified business data analysis are key to the success of many business models and industries.

4. Virtual Assistance

Just as Alexa, Siri, and Google now act as assistants in people’s daily lives; all business owners need some kind of virtual help at their work. In addition to talking to home appliances, Virtual Assistants are taking over e-commerce platforms in purchases and sales. For example, Amazon has integrated Alexa into its platform, where users can search for products and make purchases.

5. Social Media Sentiment Analysis

The Social Media Listening tool picks brand and product references and connects them for you. Sentiment analysis provides feedback from your target audience and if they are expressing a positive, negative, or neutral feeling for your product or service. Imagine the impact this will have on Public Relations (PR) management. You will be able to assess important information quickly and take steps to mitigate any major risks/issues in nearly real-time. Sentiment analysis is a prime way that AI can help achieve business and marketing success in a variety of environments and industries.

Conclusion:

At the end of the day, everyone wants better results. Despite negative claims about artificial intelligence, it’s only logical to be receptive to it if it favors you. By the looks of it, bosses will have fewer things to worry about as their business will function better with artificial intelligence.