Over the last decade or so, we have seen a revolution in mobile technology. From the ‘brick’ world of Motorola as recent as 1990-2000, we now see the smartphone market growing on almost a daily basis. New apps, new technologies etc
A few major trends:
1) People spend more time on their smartphone than anything else on any day
2) Cost of data has come down considerably
3) Computing power, storage and battery life of mobile phones is increasing dramatically
To illustrate the trends, We have taken a few charts from the internet.
All of these trends could indicate that the day is not very far when businesses will use Mobile phones to monitor, analyze and run their businesses.
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Written on 29th October 2018