Modi 2.0 has cleared its agenda to drive India to a $5 trillion economy in coming 5 years that is by 2024. Technology, digitization, and modernization shall have a great role in pulling up the economy to $5 trillion levels. Certainly, there will be a great role of IT in this economic pull-up. Additionally, BJP election manifesto 2019 focuses on a $ 10 trillion economy by 2032. At present, India is an economy of about $ 2.6 trillion. So, it needs to about doubling its economy within 5 years and quadrupleby the next eight years. Presently, only the US and China are in $10 trillion club. In addition, Japan, the only country, has $5 trillion in GDP.
While reviewing our older blogs, I encountered with a blog about mobile app trends. My memory went back and truth revealed in my mind. Suddenly, I imagine, history repeating itself. It has been happening with Blockchain Technology and its Business Applications what already happened in the field of mobile application development. In this blog, we have described blockchain technology, blockchain business applications and applications trend in various industries, This includes industries like finance, ridesharing (taxi), digital advertising, etc.
We have been adding technology blog posts continually at Vardhaman Infotech since 2014. Our experts write blogs about technology- all about technology and the latest trends. Now, it is time to index these blog posts. As you know that we have been in website design and development since 2010 and in mobile application development since 2013. Hence, most of our contents are related to these technologies. We have started developing eCommerce websites with the trend and are also in Digital Marketing. Recently, we have come into Blockchain technology. Moreover, the tech-savvy generation is interested in reading our high quality, content-rich blogs.
We have large numbers of overseas clients along with the indigenous domestic customers. So, the blogs are written maintaining international standards. However, we also keep domestic customers in our mind.
Dhirubhai Ambani, the founder of Reliance Industries, was a genius who had extraordinary talent. He was creative and mastered the secrets of business, a pioneer among businessmen in India. He wrote his own story and became a hero of his century, changing the shape of Indian business and investing.
This Indian business icon had a real rag to riches story and was undoubtedly the most talented businessman of his time. He amazed the world. Born in Gujarat, he became a celebrity in India and overseas. Kokila Ben Ambani, his devoted wife, supported him and always remained behind him in all his achievements.
What were the secrets of his amazing growth? What made him Dhirubhai Ambani? How did he become an industrial tycoon and a global conglomerate? Why does he have fans in India, the US, China, Japan, the UK, the EU, Canada, and elsewhere?
His Business Secrets
There are seven secrets to his business. In this blog, we will discuss one by one.
1. Gather Information Whatever It May Be
Gather information about governments, local, state, central and international
Do not forget to get information about your competitors
Gather information about products, companies, consumers, markets, people, services, and politics
He was able to quickly gather, process, and analyze information and disburse it to his subordinates when and where required. Through the information, he was able to find new opportunities.
Prof. M.L. Sisodia, one of my friends and a senior professor of physics and a research scholar, once told me a story about Dhirubhai Ambani. Mr. Sisodia had undergone a bypass surgery after a heart attack. A few days after his surgery, his son was called for an interview with Dhirubhai Ambani.
Dhirubhai wanted him for a senior position in his company. The very first question Dhirubhai Ambani asked him was “How is your father?” This instance alone is enough to show his capability to gather information, even though it was not yet the internet age.
2. Find Opportunity
He always endeavored to analyze whatever information he had. He would convert information into profit-making opportunities. According to him, “There is no invitation for making profits.” You have to find it.
3. Jump From One Orbit to the Next
No matter where you are, just work there. Master that place or situation. Accumulate some energy and then jump into a higher orbit. Stay there for some time and control it and master it. Then, jump to another, higher level, the next orbit.
Dhirubhai did this many times during his life. Caution: Do not jump from one orbit to another without mastering the present orbit. This could be dangerous. Be patient.
4. Complete Projects On Time
Learn to finish before the scheduled time. He and his sons completed all their projects on time or even beforehand. It didn’t matter how big the projects were or how many hurdles they faced, they still completed them in a timely manner.
Dhirubhai Ambani and his sons Mukesh and Anil developed some techniques to make sure they were always on time, monitoring their projects closely.
5. Think Big- Think Global
He was thinking global even before the current trend of globalization. Most Indian companies were not doing well in the global scenario at his time and were not acting with global standards.
He made world-class projects and world-class companies. Nobody in India was even thinking about that at the time.
6. Hire the Best People. Pay Them Well
Dhirubhai Ambani was able to employ the best, top-ranking people in every field. He was an excellent employer, never compromising on quality or timeliness. He could only do what he did with the best people. According to him, human resources are the most important resources.
7. Pay Shareholders Well
His ambitious projects needed a lot of capital but bankers and financiers failed to trust his capabilities. They were reluctant and did not agree to fund his projects because they were risky.
So Dhirubhai Ambani went to his shareholders since he recognized them as the best source of funding and asked them for money. The shareholders jumped at the chance to fund his projects and he paid them handsomely, rewarding them for their trust.
He realized that shareholders would never be satisfied with dividends that matched the trend at the time. He knew the value of capital appreciation so he paid bonuses, and issued rights to his shareholders in addition to regular dividends.
Dhirubhai Went Beyond Investors’ Expectations
He went beyond the expectations of his investors. He even went to the extent of challenging the law. Once he converted non-convertible debentures into shares, creating an enormous profit even though it was against the law. He fought against that law and the government was compelled to change it.
In his time, he had the highest number of shareholders. He boosted the market capitalization of BSE and brought millions of shareholders under his umbrella, many of them first-time investors.
Teachings Of Dhirubhai Ambani
Dhirubhai Ambani followed these secret techniques of business throughout his lifetime. He was not very interested in books or magazines about management. Rather, he left those for his subordinates and his managers. He had an appetite, a never-ending hunger for news.
Starting as a low-level employee of a gas station, he became an industrial giant, a global conglomerate. His name was included in the Fortune 500 and he could manage a yearly revenue of $78 billion. At that time, no other Indian industrialist had achieved something like that. But he was not satisfied—he was dreaming of being the world’s richest person. He only did not achieve this because of his untimely death.
However, it has been achieved through Reliance industries, which he founded. Soon after his death, the combined assets of Mukesh and Anil Ambani (the sons of Dhirubhai Ambani, between whom his assets were distributed) reached to a stage, more than Bill Gates of the Microsoft Corporation.
Are you in the Gems and Jewelry industry? Wanna retain customers and attract new clients? Or, you want to establish your brand? A mobile app can work as your gems and jewelry store that can retain customers and establish your brand.
Gems and jewelry, a huge industry, deal with high-value commodity. Hence, the industry needs continual consumer attention. Especially, if you have high net-worth customers, it becomes absolutely necessary to be in touch with them. A website or eCommerce and a mobile application can keep your customers constantly in touch. You may also have an eCommerce website for better engagement. In a nutshell, You need a Gems and Jewelry mobile app or eCommerce website to retain your customers and establish your brand.
Marco Polo- A 13th-century Venetian explorer who traveled India and China? Known for the book The Travels of Marco Polo? No, I am not talking of the traveler Marco Polo. Marco Polo? An American game played in swimming pools in the US? No, no. I am not talking of the kids game Marco Polo. Neither it is online game by Yukata “The Voyages of Marco Polo”. What is my concern? It is to talk about Marco Polo App, a video walkie-talkie and an instant video messaging app for busy people. So, Marco Polo is a fun app that lets you send and receive videos through computers and mobile devices. It has changed the entire communication scenario using state of the art communication technology.
“Marco Polo is driven by one heartfelt purpose—helping people feel close“, Vlada and Michal Bortnik of Joya Communications, say this in a joint statement. To note, Joya Communications is the parent company who has developed the app Marco Polo. Now, this is one of the most popular mobile apps in the globe.
How to make an app or how to create an app? These are the well-asked questions about mobile application development on the internet. What these questions how to make an app or how to create an app refer to? Certainly, these questions are asked about mobile application development. Mobile apps, nowadays, are key tools to develop business. And people worldwide, especially in the US, are eagerly searching for these questions. So, we can reframe the questions as to how to make or create an app or a mobile application. Sometimes people also ask a similar question about how to make your own app.
Using Navigation Application for car driving Source- Pixabay
Find an App builder or App creator
First, you need an app creator (app builder) to create your own app. Similarly, you can say you need an app developer to make your own app. Mobile applications are easy to use but difficult to build. So, when it is asked how to build an app, we always reply, find an app builder first for your app development. There are plenty of mobile application developers- iOS and Android app makers, available worldwide. Now, how to select an app creator to create your own app? This is really a difficult task. However, we will try to guide to help you in selecting an app developer for your app development.
It is, normally, better to hire a mobile app development company than to go for an individual developer or freelancers. It is also advisable to select from top app development companies. A mobile application development company has a multilayer system with numbers of managers, developers, coders, testers and support staff. Hence, such app development companies can handle your project in a better way.
On the contrary, an individual or a freelancer have a little resource to manage the complexities arises during the lifecycle of an app development project. So, if you are developing an iOS application go and select an iOS development company. And if your project is in Android then select an Android app development company.
If you are in the US, no matter in New York or Los Angeles, mobile app development is expensive. Even if you want your app development in some other small cities in the US, it will not be cheap. An app builder is costly in the US because of the higher labor rate and livelihood cost. So, what to do to create your own app?
A special note: Please do not try to search for a free app maker or free app builder to create an app for free. Please remember, there is no free lunch available. You may be trapped.
Mobile Application banner Source- Pass works
Outsourcing mobile app development to India
A simple answer is outsourcing your app development to a world-class app developer in India. India is one of the biggest app development hubs with the highest numbers of IT professionals and app creators. Most of the enterprises in the US outsource their mobile app development projects to a reliable tech company in India. Even mobile app development companies and IT companies in the US love to redistribute their app development work to top app development companies in India. We all know that all the tech giants in the US- Google, Facebook and Microsoft have their outsourcing offices in India.
Indian app development companies have educated, trained and experienced application developers in their role. They are the best professionals in the world who know well how to make a mobile application. So, why are they cheap? This is a legitimate question that has to be answered. However, the answer is simple. Livelihood cost in India is much cheaper than that of the US and that makes an Indian app creator inexpensive. Similarly, management professionals in India are cheaper than the US keeping project management low-cost.
How much does it cost to develop an app in India? Whether it is a cross-platform app or iPhone development, it remains cheaper in India than the US and the rest of the world.
Hence, instead of searching for a free app maker or free app builder to create an app for free, it is advisable to outsource your iOS or Android app development to India.
Mobile Application Development in India
How to select an app creator to create or make an app?
Finding an app creator is not that tough these days. However, finding just the right one for your mobile app development is tricky. Though it is important to save dollars it is more important to select the right partner to create or build an app. Yes, the right partner can add value and help you maximize revenues for your mobile application business. This is true for the US as well as for the rest of the world.
Video: How to build a billion dollar App
What to look for in an app developer?
There are, mainly, two aspects of application development. How a mobile app looks and how it works. First, focus on design elements. Second, select the features and functionality of the application. Third, choose technology- OS, frameworks, and platforms. Chose an app developer carefully who can add value to the usability of the mobile application.
While initiating the blog, I have started with a question asked again and again on the internet. How to make an app or how to create an app? And I repeat my answer on the question. You need an app creator to create your own app. Now, I am adding a single word in my answer- Quality.
Video: How To Hire A Mobile App Developer (Step-By-Step)
And what is quality? That satisfies your client. So, look for an app builder who can understand your and your clients’ need and develop a mobile application accordingly. Please remember, your app developer can help you the most in realizing your vision.
More about app creator
Look for a developer interested in your business: A good App developer gives you creative input based on his/her experience with a similar app. A good development company should also guide you through the process of development. They know what to do and what not with their training and experience. Moreover, they know what works and what doesn’t on the app store. So, Look for a developer interested in your business.
User Interface UI in Android
Have a look at app design: Having excellent UI/UX skills is a basic characteristic of a good app developer. How can you determine this? Look at their portfolio. Are there beautiful looking apps with excellent design and user interfaces? It is true for both iOS and Android app makers. This is crucial because your app is about how a user interacts with it.
UX design prototyping for mobile applications Source-Pixabay
Assess app builder portfolio: Portfolio itself tells you the story of the app builder. So, look and asses the portfolio. It is a collection of past works of the app creator. This, also, will give you an idea about how to make or create your own mobile app. Moreover, you can get information about app development company’s clients from this section for ready references.
Client references: You can check references from client contact information and get real feedback on the mobile app development company. This will, really, be helpful in selecting your app creator.
Build a relationship: It is better to build a relationship with the app developer. Don’t ignore it, it is important. Mobile app development has a long life cycle and not a one-time activity. So, look for a partner company who will stick with you through the product lifecycle. To ensure this, you can check cross-reference with previous clients of the app builder.
How to make your own app? Does the quote drive you?
Experts, repeatedly, say a big no to this while making your own app. Normally, a fake or inefficient app creator gives a low quote. And this is a temptation. Don’t select an app developer or a development company only on the basis of a price quote. A great app, not the cheapest can keep your business running. Most of the times, a cheap developer can’t provide an expected result. As a result, one has to redesign and redevelop the mobile app. This not only makes it costlier but also consume your valuable time.
Hence, it is advisable to go for an affordable and reasonable price and not for the cheapest while creating your app. Make your own app wisely for the US and the rest of the world.
Mobile Application Development Source-Pixabay
On-demand mobile app
On-demand mobile apps are creating abuzz in the mobile app industry. People are busy in the US and elsewhere and wants work done quickly. Hence, the services are now going on-demand. This has created a big market for on-demand mobile apps in America and other countries. On-demand applications likes of Yelp, TaskRabbit, Zomato, Uber are getting big business and minting money. Similarly, food delivery applications are also doing good in the market.
So, you can go for on-demand apps while developing your own mobile app.
Augmented Reality or AR
Augmented reality is the reality of the present day business world. Pokemon ignited the fire. So, what does Augmented mean? The word augmented means increased, expanded, enhanced or inflated. In augmented reality, you see an enhanced or inflated visual. Augmented reality apps are very popular, nowadays. Though it is difficult to build and needs a lot of expertise, it is attractive. Many times, this is a game changer for a business.
Blockchain technology has overwhelmed the market. The US, being the first, have the advantage of this technology and doing very well. The rest of the world has also been catching it fast. No doubt, Bitcoin brought the revolution in the blockchain. However, blockchain technology has disrupted several other businesses and businesses applications built in this technology have unsettled many traditional businesses. Now, therefore, is the scope for building mobile applications using blockchain technology. There is an opportunity in new business ideas.
Video: How the blockchain is changing money and business | Don Tapscott
Almost all businesses use mobile applications nowadays. So, what are the most popular business mobile apps? Or Which businesses use mobile applications? In the earlier years of application development, only big businesses could afford it. However, with years passed, medium and small businesses also started utilizing the power of this modern invent. Business applications of mobile technology are growing at a tremendous speed. Why so? Because mobile applications have several advantages for businesses.
Mobile application development is one of the most revenue generating branch of the information technology industry. More and more people around the world are either using a mobile app or developing some app. Hence, there are queries among the people and technical experts worldwide answer the questions about mobile application development. This has prompted Vardhaman Infotech, a world-class tech company to take the questions asked on the internet and answer these adequately. Already, the tech company has published a blog on the topic answering several frequently asked questions on mobile app development. Alone, a blog post is not able to answer large numbers of questions on the topic. We, therefore, decided to write a second part of the blog to deal with more questions and answers on mobile application development. You may start reading from the first part of the blog and then come back to this second part.
Mobile applications are now part and parcel of daily life and people used to ask questions on mobile application development and they expect answers from the experts in the tech industry. The questions are like “is mobile application development important” or “why is it important?” There are lot many questions people ask on the internet or in a Google/ Yahoo/Bing/Yandex searches. Also, they use Voice searches to ask these questions on mobile app development. In this blog, we will point out these frequently asked questions and try to answer these to the utmost satisfaction of the readers.
Vardhaman Infotech is a world-class tech company in India that develops world-class mobile apps in Android and iOS platforms using various languages, platforms, and frameworks. It trains students and its staff from time to time, too. For the purpose, the company has both textual and visuals in teaching materials for their in-house tutorials. Hence, the trainers in the company have the abilities to answer the questions asked about mobile application development.
Contents in the article – Make in India Made in India
This is a long article with several paragraphs that contain various aspects of the project Make in India, an opportunity for all. Made in India will be an outcome of the same. Also, there is a campaign “Make for India”. This is the first elaborated article written on the topics just after the launch of the campaign. List of the content paragraphs are as follows:
World-Class Companies to drive India to a $5 Trillion Economy
India needs world-class companies and modern infrastructure to drive it to $5 trillion economies in the next five years. Focus on creating world-class corporations is a must to achieve the goal. No doubt, India has been achieving a fantastic growth rate of about seven percent for the last 20 or 25 years. This is the only major economy to do so besides China. India has crossed a long way in the last 25 years octupling its GDP from 333 billion in 1994 to about 2.8 trillion or 2800 billion in 2918-19. Some of the world-class companies have contributed a lot to achieve this GDP levels.
India is aiming to a $ 5 trillion GDP nation within the coming five years. Narendra Modi and his ministers have categorically told this before the Loksabha election 2019 and reaffirmed this on June 10. In a meeting with top 100 bureaucrats including all departmental secretaries, Prime Minister Narendra Modi cleared his intention to drive India to a $5 trillion economy. India has to learn from the past experiences of several developed nations like the US, China, Japan, Germany, and Israel to achieve its target of $5 trillion GDP.