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This is a well-known fact that mobile devices and their applications affecting businesses in a vast way. Applications not only fulfil the present demands but also re-shaping the way many businesses operate their business. An enterprise-level survey shows, 60% of employees use apps for work-related activity, with 71% spending at least two hours a week accessing company information through mobile devices. The enterprise-level mobile application helps businesses to manage their employees, data, customer, and their roles that will increase productivity, revenue and improve customer engagement.

Some Facts and Figures

According to Grand View Research, Inc., the global enterprise mobile app market is expected to be worth 259.51 billion dollars by 2022. The following are some of the trends that every enterprise app developer should know.

Statistics indicate that by 2022, annual mobile app downloads will reach 258 billion. Around 45% increase from 178 billion downloads in 2017 and expected to reach 7 billion mobile users worldwide by 2021.

Before going to get an idea about trends for enterprise app developers should know, you need to know why these trends vary from year to year. This is because-

• Updates of market-leading apps
• Apps have gone viral
• Several industries utilizing emerging technologies
• Potent app stores such as Google and Apple
• The fixed demands and requirements of customers

The most promising enterprise mobile app development trends 2020

Real-Time Data Sharing

Real-time data sharing is the concept that facilitates users/ employees to handle the data provided to them in real-time. Though businesses produce a lot of data, thus, the role of data within the enterprise is much useful. But, it should be necessary that developers make sure that employee apps can handle real-time data efficiently. Real-time chat apps are a delicate example that deals with and share real-time data.

Artificial Intelligence/Machine Learning

Developers incorporated Artificial Intelligence (AI) and Machine Learning (ML) with an enterprise mobile app to delivers a more personalized experience to the user. Chatbots and language converters are an example of AI and ML-based applications. By embedding this technology in enterprise apps, it enhances the instant data analysis. As per data analyzed, AI and ML make personalized changes in the app and make it suitable for the said purpose. Machine learning is used in applications based on text and speech that actively involved in marketing and real-time communication.

Wearable Devices

With digitization, wearable devices are no longer used for specific purposes or by specific groups of people. Now, it uses as a personal accessory by which employees or users can access and share their companies/ personal data. Therefore, it should be necessary to develop your app architecture in such a way that employees access data through wearable devices.

Cloud Technology

Cloud technology has already had a large impact on mobile app development and facilitates developers to tap the cloud’s ability to store a large amount of data. The cloud allows businesses to not only create powerful enterprise mobile apps but also helps reduce app load time and hosting expenses as well as enhances cloud security.

Accelerated Development Lifecycle

With the immense demand for enterprise apps, developers are looking for solutions that decrease the development lifecycle and develop an app in less time. Therefore, accelerating the development of the lifecycle is essential for enterprise mobile app development. So, in order to speed up the lifecycle and to produce apps at a faster rate, developers will need more resources.

Integration with Internet of Things (IoT)

Experts anticipate IoT as becoming a major part to develop an enterprise mobile application. The app developed with IoT saves time and expenses, and it improves workplace safety. It controls the non-IT equipment via remote control or apps using your mobile phone and enables the exchange and transfer of data and information. This will allows developers to develop user-friendly IoT apps that consider as an essential part of the user’s life.

Conclusion

When it comes to developing an enterprise-level mobile app, mobile app developers need to adapt and deliver technology that makes users’ life easy and comfortable. The above-discussed enterprise app trends will help developers and businesses to become part of a successful business application. To make an enterprise application, you need to hire the team of mobile app developers who has relevant experience in developing enterprise mobile app with effective enterprise cost that generates good revenue.

In recent few years, technology is touching almost everything we think. It becomes more powerful with the attachment of the Internet that facilitates access to anything from anywhere. You just need a medium like a smartphone, tablets, laptops, computers or other electronic devices that connect you with the entire world.

Today's world is based on mobile applications that become much in demand due to its versatile needs in every sphere of users' life. Also, it promotes a facility to get things online, booking tickets, cabs, and even aids the booking of seats at your favourite restaurants that evade you to stand on the long queues.

Now the new trend of online restaurant & table booking platforms is in the market that meets the needs of today’s mobile generation perfectly. With the addition of this new trend, the app OpenTable came into existence. The growing popularity of OpenTable forms an enormous difference in online restaurant & table booking platforms. It’s not a food delivery app. It is an app that facilitates users to make reservations of a table at restaurants as per preferences of time and seats. It claims to cater to more than 16 million people across the world per month.

What features are in OpenTable that become an example of other Restaurant's Reservation Apps?

• OpenTable helps diners to swiftly find a good place from more than 46,000 restaurants.
• It facilitates location-based search, booking history, and user-generated reviews.
• It facilitates quick registration by email address, phone number, Facebook or Google account that attracts local restaurants to connect with OpenTable.
• It uses filters that allow users to choose dining preferences as per location and cuisine.
• It also facilitates location tracking and offers users to search for a restaurant for a specific place.
• OpenTable also allows other restaurant directories, food blogs, and movie venue websites to earn revenue by participating in the OpenTable affiliate program.
• According to a report showed by OpenTable, in the third quarter of 2018, the company seated more than 755 million diners worldwide through its mobile solutions.
• OpenTable users can share their dining experiences and review restaurants on the website and the mobile app that help other diners when choosing restaurants.
• It allows iOS and Android users to pay for their booking via debit card, credit card, Apple Pay or Google Pay.

Understanding of Restaurant Reservation System

A dedicated restaurant app can keep things organized, limit the number of open tables, and as well on reduce waiting time for their customers. Thus developing and maintaining an efficient and reliable Restaurant Reservation System is the key to a successful reservation app. The following are some facts that help you to develop a Restaurant's Reservation App:

• An efficient reservation app gives restaurants owner advance information about how many people will come and at what time.
• The advance information helps the owner to get time to prepare special meals demanded by the diners and facilitate an on-time order on the diners' table.
• It helps the owner to reduce the chance of open tables, thereby reducing their cost and improve profit margin.
• A restaurant app allows the owner to send confirmation detail online so that the owner can send a ‘not available message’ directly through the app.
• It allows the owner to engage with the customers in a more personalized way.
• A dedicated restaurant mobile app helps the owners to market their service in a better way and get better revenue.

Major components of a Restaurant Reservation App

While you are going to develop a restaurant booking app, all the components must be displayed clearly and come with a user-friendly solution. The restaurants' app consists of two major components with specific features:

User Panel

This component of the app is for the user where he/she can avail of the app facility as per requirement.

1. The app must contain the home page that has a signup option for new users and a log in option for already-registered users.
2. After a successful login, the app must offer options to the users to browse the restaurants, its menu, and seat availability.
3. Then the app must display the price, location or specialties as per selected restaurants.
4. After that, the user must get the facility to book a table in advance and submit the number of persons.
5. After confirming the booking, the app users should get the confirmed notification of the reservation.

Admin Panel

The admin panel is as essential as the user panel. It permits the service provider to control the overall operation from a central location.

• The essential work for the admin panel is to update the real-time table (Occupied or unoccupied table options) options onto the system.
• The admin panel needs to make a strategy for schemas that increase revenue.
• The admin panel must come with the proper solution for payment methods (debit/credit card, Paytm, mobile wallet, internet banking, and so on).
• Another major feature for the admin panel is to keep the records for booking.
• The admin panel must contain the messaging section where email or SMS are sent to the customers to confirm their booking.
• The admin panel has to watch the cancel bookings and update accordingly into the app.

Final Views

With the above features/ components, it is clear that the Restaurants Reservation app has a dedicated mobile app that delivers several benefits to both the owner of the restaurant and the customers. Thus, for creating a Restaurant Reservation App, make sure that you choose the proficient application developer who has the expertise and experience in developing the Restaurant Booking Apps like OpenTable.

All of us are well aware of the power of the digital revolution that almost changed every aspect of our lives. We can do instant shopping from anywhere, explore new places, book tickets, learn new technologies, get updates for almost everything, and even we are capable enough to transfer money or receive money with one click. Behind any transaction, there is a technique that facilitates fund transfer from one person to another over the internet securely.

The peer-to-peer payment system act as an agent that helps a person to transfer their funds and makes transaction easy. According to eMarketer, in 2018, there were about 82.5 million users (more than a third of the mobile phone population in the US) in the US who use their smartphones for P2P payments. And, expected to cross above 50% of mobile phone users by 2022.

Also, transaction value in the segment of peer-to-peer money transfers amounts to 65,761 million dollars this year. And its annual growth rate is expected to comprise 19.4%. These data show you its gaining popularity and the scope of peer-to-peer payment app development.

So, what exactly are the P2P payment app?

A peer-to-peer payment is an electronic fund transfer from one person to another over the internet or other networks with the help of a website or app. It is also known as P2P Payment Application. It is very successful among the youths who usually trust third-party payment except for the traditional payment system.

How to build a P2P payment app: Features and Considerations

Here, in this blog, I am going to give you some considerations and features that will help you to develop a P2P payment app.

Choose the type of P2P app

Choosing the right P2P app type is the primary consideration that provides end-users with a purposeful way of transaction. There are mainly three types of app:

Standalone Service App

These types of apps have their own mechanisms for fund transfer. They provide a wallet feature that first allows the user to send his money into the wallet from their bank accounts and then use it for further payments.

Bank Centric App

These apps are useful for banks and financial institutions that facilitate digital transaction trend into the banks. These apps work in two ways: one, in which the banks have their own mobile application. Second, the peer-to-peer payment applications that transfer funds via its credit unions and partner bank.

Social Media Centric App

In 2015, Facebook launched its payment feature in its messenger, where users can transfer funds without leaving the app. This is one of the most significant examples of a social media-centric app.

Foolproof Designing

Foolproof design is useful for any app when the system is in overuse. So, it is a must to design such a peer-to-peer app that prevents storage and bandwidth overuse and also setup proper resource allocation and protection requirements.

Plan for essential features of a P2P payment app

The app should include all the possible features to make the payment app profitable and user-friendly. The following are some unique features that help the app to trigger instant conversation.

• Notifications and alerts
• Unique identification or OTP
• Digital wallet
• Send bill and invoice
• Transaction history
• Bank Account syncing
• Information on currency rates and its conversion
• Advanced security features
• Chat facility
• Buy/ sell cryptocurrency
• The blockchain feature

Security and legal issues

These apps are related to finance and fund transfer. Thus, it should be necessary to fix the security and legal issues properly to build users’ trust. Some features that you need to consider to secure your payment apps:

• App security with fingerprint recognition, face recognition, and other advanced technology.
• Apply two-factor authentication.
• Instant notification to notify when money is being transferred or deducted from the account.
• Follow the regulations as per regulatory laws.

Choose the right Technology Stack

Determine the app nature (native/web/hybrid) and work accordingly. Try to make it a native app by design because it is preferred more across the globe. Also, native applications are more convenient to navigate.

Choose the Revenue Model

Every successful app required a good revenue model. Without it, there is no use of features and efforts you put into developing the app. There are mainly two popular methods from which you can decide the revenue model for your app:

• Premium Service Method
• Affiliate Marketing Method

The Bottom Line

The P2P payment app concept is new in the market. Thus, you have an excellent opportunity to grab the end-users towards you and make good revenue. But to create a p2p mobile payment app, you will need a team of proficient developers who are capable of delivering high-end solutions in the market. You need to take every step that keeps you updated with the current trends.